Microgaming announces the launch of a revolutionary new technology for poker software.

Babelfish, named after the fictional creature which performed universal translation, is a brand-new API which allows any software developer to create poker client software and run it securely on the MPN. Operators can develop software in any programming language, and using the Babelfish API, join in the MPN’s liquidity pool, giving them access to all of the network’s cash games and tournaments (both real money and play money).

"Babelfish is definitely a game changer for poker," comments Alex Scott, Head of Poker at Microgaming. "It allows operators to customise their poker software to a higher degree than has ever been possible before, without having to go standalone. Furthermore, it allows them to do this without having to worry about expensive hosting costs, random number generators, or any of the other complexities that come with developing server software.

"Babelfish also has many other advantages. For example, operators can build software for almost any conceivable device – from specific mobile devices, to games consoles, to smart TVs. If you were so inclined, you could even build poker software for a smartwatch, a connected fridge or an in-car entertainment system. The only limit is your imagination."

Operators can tailor their bespoke client as much as they wish in order to customise the software to the specific market they are targeting; any language can be supported.

The first operator to make use of Babelfish, a well-known major operator in the poker marketplace, will be going live imminently using a client that they have designed and built from scratch. This operator’s completely custom-built client is carefully tailored to meet the needs of their players. The new operator will be migrating all of their players to the MPN, offering a mix of private and shared-liquidity games, providing mutual benefits for both the operator and the network.

"With this new operator on board, our network will grow significantly. But this is not the only exciting news that the MPN has for 2015", continued Alex Scott. "This year we want to be at the pinnacle of the poker industry – this is just the first step!"

The first operator to go live with Babelfish will be announced in the coming weeks.

Visit the Microgaming team at ICE Totally Gaming, 3rd – 5th February 2015 at ExCeL, London, stand N5-220.

It has been a long time coming, but the end of 2014 is now in sight when new Parliamentary regulations in the UK will change for online gambling firms. First of October is D-Day!! The online gambling industry is turmoil over the decision made for all offshore licensees to apply for a secondary license to offer services to UK residents, as well as be liable to pay 15% tax. All these many years companies such as William Hill – just for example – have been operating out of Gibraltar and other White Listed "British" territories, just to avoid having to pay such heavy tax.

Gaming firms are now compelled to announce plans to stop offering services to UK-facing resident, or adjust what they offer inside British borders. This bill – the U. K. Gambling, License and Advertising Bill, was passed in May. It will effect Online bingo websites, casinos, pokers rooms, lottery sales, you name it – any gambling activity. Already several popular websites have pulled out, announced plans to pull out of the market, or substantially altered what they are able to offer to the UK public.

How these businesses can possibly expect European only operations to fill their coffers without the player-base of millions of British players, we have no idea. But they are obviously willing to take the risk. Gambling is after all a high risk industry for everyone concerned. One of the first to make an announcement was Mansion Poker, who intends to withdraw completely. Reasons for the withdrawal have been attributed to the new regulations, and all members have been advised to withdraw their bankrolls. These members have also been encouraged to switch to Titanbet Poker, where their loyalty points will be transferred. Pokerstars on the flip side of the coin, are opening a dedicated UK-facing poker site.

We believe this might just be the first in an exodus list of firms to take the same decision. However, but the same token Best of Breed British firms such as Paddy Power, William Hill, Ladbrokes, 888, Foxy, and many more would never be able to take such a risk. We believe they are going to have to thank their lucky stars for the tax break they have enjoyed for such a long time, and bite-the-bullet.

This is not a nationalization exercise – everyone, and every other land based business has to pay tax, and unfortunately these businesses should be made to pay too. There are going to be some interesting times in the online gambling industry for the next few years.

NetEnt, Net Entertainment NE AB (publ) has signed an agreement with UK focused operator Betfair which is one of the world’s largest international online sports betting providers.

Founded in 1999 Betfair is a pioneer within online gaming holding gambling licenses in Gibraltar, Malta, Spain, Italy, the United States and Australia. Betfair’s revenues amounted to £387m in 2013 and the company has more than 950,000 active customers.

"We are very excited that Betfair has selected us as a partner and I wish them a warm welcome as a customer. This agreement will further strengthen NetEnt’s exposure on the UK market but also in other parts of Europe." comments Björn Krantz, Managing Director in Net Entertainment Malta Ltd.

If you believe you are taking a gamble when investing in shares on the Stock Exchange, you would probably be correct. But this type of investment is more scientific than simply popping money in and pulling the arm of a slot machine. Now a slot machine is a random number game, and the player either wins or loses his money, but trading in stocks entails an educated guess, in the well-established game of securities exchange trading.

Currently, as the continued growth in online gambling growth is enjoyed by players, investors are showing a great deal of confidence in gambling on this game. This essentially means that shares are being traded and bought, and are showing growth for investors. According to the Forbes report – UK online Gambling concerns are being seen as excellent opportunities to invest for the wise speculator.

This industry in the UK is a mature industry that has been showing continued upward, and exponential growth since first inception in the late 1990’s. The rest of the world has seriously fallen behind in the uptake of online gambling as an industry, as they find themselves embroiled in regulatory in-fighting, rather than taking a free-market approach. Most Governments seem to be hell-bent on the ideology of monopolistic control.

The free-market approach taken by the UK Government has seen the industry develop into a highly technical, green-type economy. The nature of this industry has therefore proven itself to be sustainable in terms of lasting growth, as well as high profitability. Investing in any industry or firm entails making an informed choice, at the right time.

Whilst speaking of informed choices, it pays to note that previously no tax was levied on these gaming concerns if they were situate offshore from the British Isles. This is set to change in December 2014, when taxes will be levied at firms offering wagers to UK-Facing players. This will be a point of sale tax, and while we are not sure how these funds will be collected, however HMCRS seems confident of making these collections from offshore situated brands.

For a short while this tax news had some effect on investor confidence, but with the positive Forbes report, this negative attitude seems to have changed. Mobile gambling is rolling out fast, and proving to be immensely popular too, so, this together with generally expected growth, should ensure continued investor confidence.

The UK Government is about to make big changes in the lives of online gambling firms, but it is not only about poker, bingo, and casino websites; it affects sports-betting products too. Not only are Tax rules set to change, but advertising rules and regulations are also about to take a knock. Sports-betting online is one of the largest spend sectors of this industry, in a growth spurt that is being fuelled even more by the popularity of mobile gambling.

The impending UK Gambling Bill promises to have a substantial impact on sport sponsorships income too. This will affect football, rugby, and other sporting clubs/sectors that rely heavily on sponsorship income. Many of these sponsorships emanate from the shores of Asia.

It takes a great many specialists to keep the public interested in sports betting. This means getting the message across that these betting services are available online. It is advertising and the media that drive the gambling fan through these virtual doors, and these are expert services which cost a great deal of money. Budgets have become huge, and a great deal of money is being shared around.

Because much of this money is derived from Asian gaming firms, we find as many as fifteen out of twenty Premier League football clubs that enjoy Asian gambling firm sponsorship. The intent of the Gambling (Licensing and Advertising) Bill is to remove this source of income. Here we are not talking about change in controls, but the simple fact that sponsorship money will simply "disappear". The people who are set to take the biggest knock, are sports teams, and individual players themselves!

These new regulations are designed with the aim of creating "economic hardship" for Asian ops. In the future they will be required to prove to the Gambling Commission where they obtain their income, amongst other things. The other things also include proof of the fact of their entitlement to take bets from British jurisdictions. This type of “reporting” will mean exposing these operations to additional admin costs. The question is, will it be worthwhile for them?

A number of Asian online gambling firms are licensed in (pseudo) British offshore jurisdictions. Cost effectiveness will obviously be examined before pulling out of any British market-place, however the feeling is that sponsorships will be the first expense to get cut, and sports support to suffer as a knock-on effect.