Thursday, March 31, 2011

XENOPHON: Suppress iPhone Gambling Applications

online casino newsAustralia's number one anti online gambling Senator, Nick Xenaphon disapproves and want a total ban on the iphone gambling applications, he even stated "It's irresponsible to allow these applications in the hands of children.”

And we couldn't even help but agree as kids loved to meddle with their parents phone trying if they can still send a message or to play a game where he might stumble upon this gambling application, loved the graphics as well as the game itself. Senator Nick Xenaphon stated "Kids can become poker machines experts years before they are legally allowed to set eyes on a real machine." he also pointed out that “We already have a big enough gambling problem in this country and there is no doubt this will fuel gambling addiction”

Anyway, if you are still not aware of this mobile gambling applications, it simply allows a player to gamble and play casino games (at the moment poker, slots and baccarat are available) with the use of their cellphones thru mobile gambling applications. This applications features a “personalized your interface” functions and are allowed for kids ages 12 and up, nevertheless, some gambling applications does not carry any age limit, thus creating a bigger problem.

Senator, Nick Xenaphon stated during a debate that “Playing and wagering are all virtual, but your still working with money involved, thus imposing apocryphal impression that machines can be a source of money or income.” he also added that "Having a recommended age description of 12 is totally inadequate, he also pointed out "This is a training application for kids to lose real money when they turn 18."

Senator, Nick Xenaphon stated that he would definitely bring this issue in the higher courts of Canberra to call the attention of the federal government on the gambling outlaw for children under legal age.

He also stated that if nothing is implemented at this certain degree where mobile gambling applications are still not that much accepted “we will see a new wave of problem gamblers as soon as these kids turn 18. This is a conditioning application and the poker machine industry will be cracking open champagne bottles with this application”

Xenaphon added that "It's not only promoting poker machines, its conditioning people to use them. There's enough evidence out there for us to protect kids from these applications."


Credits: 
http://www.smh.com.au/digital-life/digital-life-news/ban-iphone-gambling-apps-xenophon-20100427-tofv.html


 
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Sunday, March 27, 2011

Monthly Tournament at All Slots Casino

The much anticipated monthly event at All Slots Casino which was held every month is now open for registration for the tournament that would commence at the end of April. Early registrations are advice as hundreds of online casino players would definitely join but the slots are limited.

The tournament will be on the slot game that features Lara Croft's Tomb Raider by Microgaming. For those who are not aware, Lara Croft's Tomb Raider was the very first slot brand in the gambling market. It is a video game turned into a feature in slot machines packed with great action scenes and thrilling animations from the original video game itself. The video game was released by the Eidos Interactive. It became a big hit and is now offered at slot machines.

Then the game was introduced at online casino sites, became a hit that hauled millions of players on tournaments. Due to this, Microgaming, one of the powerful names in the industry of online casino software providing, released a unique format for the game. The format will be used for tournaments that would enable a player to track their progress in a convenient and easy way.


Going back to the event, it is a single round tourney with a prize pool of $25,000 and if you want to continue just push the “ Continue Play and Re-buy” button. Moreover, those who would be placed on one of the final 25 positions will receive $1,000 cash.

The entrance fee is as low as $25 dollars with a starting stack of 9,000 coins for a 14 minute playing time. Maximum bets are 75 coins, if you have reached your stack limit you can push the “ Continue Play” button that can be use five times or use the “Re-buy” option that can be used up to 10 times.

The Continue Play option costs $15 dollars with 4,500 added coins for 7 minutes, while the re-buy costs $25 dollars with 9,000 added coins for 14 minutes. Consequently, an “All Day One Shot” format is also offered for those who does not want the “ Continue Play” and “Re-buy” with a much lesser entrance fee.

All Day One Shot is a 15-minute single round game for 22,500 coins for $2 dollars with a price pool of $100 dollars that would be divided into $50 for the 1st placer, $30 for the 2nd placer and $20 for the third place player.

Promo starts from March 29 to April 4 and a prize pool of $10,000 is up for grabs.All Slots online casino is a brand of the Jackpot Factory group while the slot game is powered by Microgaming that was licensed by the Kahnawake Gaming Commission.”


Credits:
http://www.allslotscasino.com/tournaments_schedule.html
http://www.casinoadvisor.com/all-slots-casino-monthly-monster-tourney-news-item.html

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Friday, March 25, 2011

Caesar and 888 Holdings Team Passed the Nevada Regulators

March 24, 2011 Thursday. The alliance between Caesars Entertainment Corp together with 888 Holdings PLC passed the Nevada's senate in Carson City allowing the partnership to operate online wagering. 
 

Caesars Entertainment Corp who dominates the land based gambling arena with over 50 casinos operating in different countries, owner of the Caesars Palace and more importantly the place where the annual WSOP takes place was given permission by the authorities in Nevada to work with 888 to run online gambling sites in the United Kingdom as well as free-money sites in different areas using Caesars trademark.

Townsend stated during the final minutes of the 2 hour hearing: "This is the first of perhaps many relationships that will be developed over time,"

Caesars spokesperson stated that the management has been considering to enter the online gambling market for years, and is staring to position itself to be ready in case lawmakers eventually make online gambling legal in the United States”

Mitch Garber, chief executive of Caesars subsidiary Caesars Interactive Entertainment stated that their vision is to dominate not only the gambling market in United kingdom but given the opportunity, world wide.

888 chief executive Gigi Levy stated that an expected revenue with a total of $24.2 billion at the end of 2011 might expand into $26.1 billion at the end of 2012. He also added that almost 41 percent of the mentioned revenue came from sport betting patrons while 23% came from online casino users and 19 percent came from poker players that would sum to almost 83 percent.

Poker covers the lowest percentage since big names behind poker sites such as PokerStars and Full Tilt Poker already hold the trust of poker players with over $4.6 billion or 60 % in the online poker industry. Consequently, the two mentioned operators are pushing a legislation in Nevada by U.S. Sen. Harry Reid last December.
Under Sen. Harry Reid's legislation, all gambling sites (online casino, sports betting, poker sites) who are caught exchanging business with Americans will be punished, moreover, under this new regulations, getting a license to operate online will be a lot more tougher. In fact, under this law, Caesars lost $196.7 million dollars in the course of the fourth quarter until Dec. 31, under a revenue of $2.12 billion.

Nonetheless, Garber stated that "As a company, you clearly know that we have been lobbying and are in favor of legalized and taxable online gaming” and added "We see this all as a very positive development for online gaming and we intend to be at the forefront of all these developments."


CREDITS:
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
http://abcnews.go.com/Business/wireStory?id=13215096

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Wednesday, March 23, 2011

Online Poker Expansion


Recently, a bill about online gambling passed the meticulous jurisdiction of Iowa senate, thus, permitting Iowans to wager online but with fellow Iowans only. This news resulted a fuse on the legalization of online poker that is still currently tangled in every state.

Iowa is a “mature gaming market that is saturated with gambling opportunities, said Governor Terry Branstad during an interview for the weekly news conference. He also pointed out that Iowa is one of the 18 states that was given a licensed to operate a casino both land based and online. Furthermore, Iowa is operating a lottery as well as a Native American casino that was supported by a federal compact, thus the state is characterized as mature. Nevertheless, Governor Terry Branstad is still in the process of grasping the idea of poker being offered online.

But as the number of Iowans who illegally gamble at an offshore online casino site increase, the more a law should be implemented. Cheating, as well as corruption, are the main threats that an online player is facing every time he/she registers or log on his/her account. Cheating and corruption in a sense that you as a player beguile your law and corruption in terms that you are not paying your taxes. Moreover, by illegally joining a casino site you are more prone to illegal casino sites that would take your money after your deposit and you can never access it again.

Governor Terry Branstad stated that they want to prevent the mentioned threats to happen not only on the players' part but for the government as well. By having a legal law that would cover the use of online wagering sites, a player would get benefits and protection, and the government can have something in return through the taxes that every player would pay, that would be use to generate innovation on their country.

Anyway, online wagering is thein” trend at present. You can't prevent a person by joining one and perform elicit acts, thus implementing a law would be the best option. Governor Terry Branstad said,I want to make sure the integrity of the state is protected in the process and we certainly want to prevent our citizens from being defrauded by unscrupulous activities.” He also added that he's not promoting the use of online gambling, instead, he was pointing the pros and cons if a poker site is illegally operating.

Consequently, as a member of the senate, he stated that: Things could change dramatically and I think it’s important to learn as much as I can before staking out a position. I learned this a long time ago that it’s important to have all the facts and all the information and not just make a snap judgment based on an inadequate amount of information.”


CREDITS:
  • http://www.easterniowagovernment.com/2011/03/21/branstad-says-hes-studying-online-poker-issue/
  • http://qctimes.com/news/local/article_c684e216-53d6-11e0-b31c-001cc4c002e0.html
  • http://www.businessweek.com/ap/financialnews/D9M3QVD00.htm
 
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Thursday, March 17, 2011

Online and Land based Tournaments to Aid Japan



March 11 of the present year, Japan experience the worst things that a country wouldn't wanna face. A magnitude of 8.9 earthquake hit Tokyo and other parts of Japan for a few minutes which was followed by a tsunami and killed hundreds of Japanese people while some are still missing, billion worth of infrastructures and property's are damaged which resulted to a nuclear crisis when Japans nuclear towers explode one by one creating an ionizing radiation infected area that would harm a person or anything once exposed.

We quoted “Ionizing radiation is much more dangerous because it does break chemical bonds and thus does cause cancer. The longer a person is exposed the higher the possibility that he/she would not survive.”

A person which was largely exposed would suffer destruction of the intestinal lining and worse diarrhea and dehydration, then central nervous system damage. Followed by loss of consciousness and the inevitable death. ”

At the moment Japanese citizens badly needs help, food, clothes and water are the basic things that they really, really need but is lacking as supplies didn't last long because of the panic buying and the troublesome transportation of goods for city's affected.

Anyway, different countries has been helping to evacuate those affected as well as for the recovery and rescue operations, not to mention the troubleshooting of the nuclear towers. Land based and even the online casino market also performed their own expedient to help Japan.

Online casinos administer a “Help Japan Online Slots Tournament ” which was presented by four of the most trusted online casino sites Jackpot City, Gaming Club, Lucky Nugget and River Belle with a tournament ID of 619350 that would take place this Friday, March 18 2010 until the 20th of March the same year. Entering the tourney is free although those players who would join can donate $2.

Players can take this as an advantage since its just $2 dollars for a pot of 50,000 loyalty points. You can help millions Japanese people and have the chance to be one of the winners who will share the 50,000 loyalty points for a very low price of two dollars. Consequently, we propose to those interested to register now considering the slots are restricted to 5,000 online casino players. 
 

On the other hand Maple Donates 50,000 Yen to the Japanese Red Cross Society for the Earthquake Victims, notable figures in the virtual world of poker also donated and Zynga Poker recently exalt 1 million US dollars for the relief organizations.




Credits:
  • http://www.gamblingcity.net/gambling-news/
  • http://www.stockmarketsreview.com/news/
  • http://www.onlinecasinoreports.com/news/
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Sunday, March 13, 2011

An Online Gambling Success in the Asian Market


A few months ago rumors spread like wild fire that online gambling will enter the south east Asian countries. Actually gambling is known in every corner of Asia so its not new at all, countries such as Macau Singapore, Hongkong, Japan, Philippines and the other parts of Asia are catering casino houses, nevertheless when it comes to online gambling Asian citizens are frivolous.

But just recently, well known software providers such as Playtech and Microgaming as well as the best
online casino sites
BODOG for an instance introduced online casino or the gambling online options for the Asian gamblers.

Online casino sites and games for those Asian gamblers are based on their famous landmarks, well known foods, games etc. For an example, slots game featuring Japanese cuisines and Arabian royalties while the main website design is based on cherry blossoms, Geisha etc. On the other hand games such as pachinko, mahjong, darts and pachislao that are presented on arcades are now offered at online casinos.

Well the introduction of the online casino for Asia was made way back. Today, this industry has boomed dramatically and currently on the verge of more developments as Asian gamblers welcomed this market.

Sure the US state still holds the title of the biggest online gambling market, but the Asia pacific is now considered as one of the new essential points in this industry. Asian market even outrun European market, African regions where online gambling is allowed and some places in the Middle East with 7.4% slowdown, much lower than expected, notwithstanding the current recession experienced worldwide, said some analysts.

Anyway, as of the moment online gambling law is still unclear. But there are already some bills waiting to be discussed in the senate for online gambling regulations, there were even some legislation's that passed the first stage such as in Iowa where they are now allowed to perform gambling over the web but with their fellow Iowa and within their borders only.

The passing of Iowa law was great news and only shows that no matter how long it will take, time will come that online wagering will finally be legalized. Its just a matter of patiently waiting.


Credits
http://www.big4.com/news/pwc-asia-pacific-casino-gaming-market-booming-but-still-uncertain-2753
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Sunday, March 6, 2011

Online Poker Bill Advances in the Senate



Wednesday, March 02 of the present year, a bill for online poker legalization advances in Iowa Senate regardless of the disparate number of lawmakers who are against it.

The vote 9-6 of the committee in the discussions held at the Senate State Government make online poker bill advanced on the next step.

Senator Jerry Behn even stated that the legalization of Online Poker is a path that shouldn't be disregarded due to the large market who are into the game and the huge profit it gains that would help the government for improving their infrastructures and more.

The bill covers another two key parts which is the settling of the long overdue disagreement amidst horse breeders and the Prairie Meadows racetrack located in Altoona. The fuss was about the distribution of the purse money on how they can divided equally and relinquishing of the referendum of casinos every 8 years.

Its a common knowledge that gambling online is illegal in some states and the fact that it is not covered with tax as well as it is unregulated makes it even more depressing and hard for some lawmakers to decide whether to pass the bill or not. Nevertheless, specialist stated that this is a simple matter. How, simply administer a skirt federal law for every state then regulate all wagers that would took place on that certain state.

At present, the law for online gambling is still in haze although a bill from the legislators of New Jersy was approved and there are other types of bills that has been in the senate and in a pending notion.

Anyway going back to the passed bill, it states that online poker can now be played by Iowa citizens, they can personally register an account to any casino in their state or send a mail, they can even call or any other types of communication means. Nevertheless they can only play with their fellow Iowans. For more further details you can visit your state-casino.

As of the moment, this is a good news for those who are into online casino gambling, this simply insinuates that if Iowa can pass a law that allow gambling online, other states can also have a chance of gambling online without the trepidation of being caught or if their law really does allow making bets at an online casino.
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