05/16/2010

Online Casino Style: News
Growth Announced for CAI Games


 

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Last year’s announcement by the American powerhouse of gambling, Harrah’s Entertainment, that they would be joining the online gambling world took the internet casino community by storm. The decision, however, seems far from singular as more companies are taking advantage of the low cost of expansion right now to do so, despite the high risk of failure often associated with economic crises. The most recent announcement of expansion comes courtesy of CAI Games, who announced this month that they intend to grow from their Austrian market, and begin establishing footfalls in the Belgium community.

CAI Games has quite a bit in common with Harrah’s Interactive subsidiary, as they are also owned by a land gambling firm. Casinos Austria International has done their best in recent years to keep ahead of competition by offering not only the best in their brick-and-mortar establishments, but also staying ahead of the online gambling trends as well. CAI Games in particular, is a product powered by Chartwell Technology, as well be their new Belgium-facing online casino.

The site saw its official launch in the middle of April, but word seems to be spreading only slowly throughout the market, making for a slow start. It is being managed by Intergame Limited, a firm licensed in Malta. Though right now it offers only a traditional selection of internet casino games, Intergame has said that they hope to expand their platform to offer both bingo and sports betting in the near future.

“We would not even consider offering online gambling services in a market that is not fully regulated or where we do not hold a license to do so,” said chief executive officer Paul Herzfeld in response to inquiries about why the site will only be available to registered users out of the UK. Hermann Pamminger, company manager, echoed similar resolutions in saying that, “We have taken this step in order to ready ourselves for the time when there are more regulated jurisdictions. The next step will be an online casino in Belgium in conjunction with our land-based casino in Brussels.”
 

 

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