Posts Tagged ‘free gambling online’

Online Gambling Gaining Despite of UIGEA

Monday, March 8th, 2010

US Congress had introduced Unlawful Internet Gambling Enforcement Act (UIGEA) in the year 2006. It declared any kind of transaction related to online gambling as illegal. UIGEA never regarded online casino gambling as illegal. However, the underlying assumption is very clear. After this Act was introduced in the US Congress, many online casinos operating from US stopped operation. Moreover, most online casinos stopped accepting US players. Many thought that online casino gambling market has come to the verge of end. But reality is showing something different.

Industry analysts say that this draconian law is meant to support land based casinos over online casinos. Federal government is tilting the round in favor of land based gambling.

What does the new survey reveal?

According to a new survey, it has been found out that the total number of people visiting land based casinos is declining at a continuous rate. However, the total number of players in the online casinos are increasing at a very fast pace. This increasing figure of players in online casinos has come up inspite of the fact that Federal government is consistently trying to block online casinos from the reach of US players through UIGEA (in a covert manner).

The report published by Mintel International Group has said that the total percentage of US players visiting land based casinos decreased from 35% to 30% during 2001 to 2009.

Despite of UIGEA, it has been found out by Mintel International Group that 12% of total number of US adult players have played online gambling in several online casinos.

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Online gambling regulated in Florida

Thursday, March 4th, 2010

According to rumor mills US is finally taking gradual steps in uplifting the ban on online gambling or rather regulating online gambling. Among the many states Florida is probably thought to be one of the first states to regulate gambling online. Representative Joseph Abruzzo has registered the Internet Poker Consumer Protection and Revenue Generation Act of 2010 on Friday.

The legislation defined about online gambling and the fully regulated system related to it. In case the petition is approved by the Florida state lawmakers Florida will probably turn out to be the first state to utilize rules from Unlawful Internet Gambling Enforcement Act of 2006. In 2006 UIGEA was enforced to get rid of online gambling in the country, however, in the ensuing years the industry showed a major expansion. However, UIGEA allows intrastate Internet gambling when related to gambling. The legislation filed by Abruzzo took advantage of this clause.

The Bill if approved will allow online gambling hubs to operate online poker sites however by following the strict guidelines. Again the operators must buy a business license in Florida, and also obtain license from one or more states in US. The license must include the permission to offer poker games online outside the state of US.

The minimum age for gambling would be 21 and special safety will be taken to secure players from money laundering. The software used by online poker must be insured and safe. Further licensing of online gambling operators will assure safety against any possible fraud. Once the bill is passed special rules will be issued to set an upper limit to the amount of deposits a player can keep in one day. This will help to reduce gambling addiction.

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CryptoLogic’s Financial Report for 2009

Tuesday, March 2nd, 2010

CryptoLogic, the most well-known global developer of online gambling games and software, has declared its financial report for the year 2009.

Highlights of 2009 financial report

  • The revenue, which was $61.5 million in 2008, is reduced to $39.8 million. The probable causes are lower betting activity, unfavorable currency factors and a diminished payment from a major licensee
  • Net loss of $35.5 million in comparison to $32.7 million of 2008
  • Total annual recurring cost (Consisting of operating, general, administrative, finance and pay back expenditure) is decreased by $20.6 million to $55.0 million
  • Unification of poker network with that of GTECH Corporation in order to reduce cost
  • Revenue for branded games which was $0.3 million in 2008, is raised to $2.8 million
  • Entire licensee base has been increased by 20 along with more than 30 top online gambling operators
  • Contract with DC Comics to develop games on Batman, Superman and Wonder Woman and with Paramount Digital Entertainment for movie-based games
  • Reduced rate of loss per share of $2.78 (which was $2.55 in 2008)
  • Total dividend declared for the year is $1.4 million ($5.4 in 2008)

In addition to them, 4th quarter of 2009 saw

  • Branded games revenue increased to $1.2 million
  • Number of branded games is doubled (66 from 33 of 3rd quarter)
  • Deal with virtual casino lobby to improve revenue
  • Relocation of Cyprus office to Malta in order to make more efficient operation
  • Contract with BetClic, Rank Interactive and UniBet
  • Launched games on Batman, Wonder Woman, Monkeys to Mars, Triple Action Hold’em and Aces and Faces

According to the words of Brian Hadfield, the President and CEO of the organization, 2009 was a tough year for CryptoLogic. They have come into 2010 and in this present year, their focus will be on

  • Reducing expenditure
  • Giving impetus to branded games
  • Increasing revenue
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Bypassing Online Gambling Laws – Iowa Lawmakers Making Way

Monday, February 22nd, 2010
online gambling

online gambling

The lawmakers of the state of Iowa, United States of America, are discussing among themselves about legalizing sports gambling. Not only this, they are are discussing about making online gamblng legal. In fact, many other states are also contemplating the idea of legalizing online casino gambling. But these states are not able to legalize online gambling due to a restrictive Act of 2006, called Unlawful Internet Gambling Enforcement Act or more generally UIGEA.

According to UIGEA, online gambling in internet casinos is not illegal but transaction of money related to online gambling are. Freedom loving people of America has not taken this Act with ease. Rather they consider this as a restrictive Act which hinders their freedom of choice. One of the well known Democrat Representative of the US Congress, Barney Frank, has raised his voice agaist it and is on the mission of repealing it. In fact, a six month breather has also been given on implementation of the Act as a Law.

Facts show that there are 17 casinos in the state of Iowa which makes them a gambling state. Now, if online gambling is not allowed then it defies justification because land-based casinos are already functional in the state. In the same land two types of laws are not at all good. On one hand, land based casinos are in full bloom but on the other hand online gambling is restricted through UIGEA.

That’s why the lawmakers of Iowa are trying to find out a way to bypass UIGEA and allow gambling online. Lawmakers are trying to find a way where the transactions of online gambling through financial institutions can be bypassed.

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Scintillating Bonuses at Rushmore Online Casino

Friday, February 12th, 2010

Rushmore online casino is giving very lucrative bonuses all through the month of February, the month of love and life. Some of these bonuses include:

  • Welcome Bonus
  • Weekend Bonanza
  • Weekly Bonus
  • Winner’s Bonus
  • High Roller Bonus
  • VIP Rewards

Welcome Bonus – This type of bonus is meant for attracting the new players. The new players will get up to 100% bonus on their two consecutive first deposits amounting to a total of US$ 888.

Weekend Bonanza – The online gamblers can get 150% bonus on their weekend deposits up to the amount of US$ 750. The games that are included in this offer are Blackjack, Keno, Slots and Scratch cards.

Weekly Bonus – The online casino aficionados will get 50% match bonus on ten bonuses amounting to a total of US$ 5000. The games that offer these bonuses are Video Slots, Blackjack, Keno, Slots, Viseo Poker and Scratch Cards.

Winner’s Bonus – At Rushmore the online casino lovers can win 40% of their winnings, without having the need to deposit any money.

High Roller Bonus – In Rushmore online casino, you can deposit US$ 1000 as your first deposit and in turn receive a high roller bonus of US$ 1500. In the second deposit too the same rule and facilities are applicable.

VIP Rewards – The long time and advanced players of Rushmore casino can avail many rewarding bonuses namely “VIP Lounge Weekday Bonus – up to US$ 37,500”, “VIP Weekend Bonanza – up to US$ 8,750”, “Comp Points”, “Massive Table Limita”, “Rushmore VIP Award”, “Constant Cashbacks” and many more.

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Valentines Special by the VIP Slots Online Casino

Wednesday, February 10th, 2010

VIP Slots online casino offers some exciting online tournaments in this month of February. It celebrates Valentines Day throughout the month. The online tournament of ‘Lucky in Love’ has been started on the 1st day of the month and it will continue up to 28th.

The initial fee is only $10. It is nominal for a prize pool of $100,000. The players are allowed for unrestricted re-buy options. The contestant who heads the leader board will receive a prize money of $50,000. The players in the 2nd and 3rd position will get $20,000 and $7,500 correspondingly. Apart from that, two fourth prizes of $2,500 each have also been declared.

The slots game on which the competition is being played is known as ‘Dr. Love’. Dr. Love portrays a romance between the elegant Doctor and the charming Nurse. The scatter icon is the Love Meter. It determines the degree of love in place of the temperature. Already more than 225 contestants have registered their names for the exciting tournament. Plenty more will take part as the month progresses.

Another Valentines online tournament, ‘I Heart Slots’, has been started at VIP Slots online casino on 7th and it will end on 14th. It is a pot pool contest and the winners will share the collected prize pool among them. The entrance fee is just $5. The online slot selected for this contest is Cupid’s Arrow. Players, who find five Cupid symbols on permitted payline, will be given a jackpot payout of 10,000 coins. Cupid’s Arrow online slots game, throughout this month of February, will also offer a treat to the players who have not participated in the tournament.

Take part in the electrifying games offered by VIP Slots Online Casino and make your Valentines month a memorable one.

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USD224,000 Win in RTG Video Slot Real Series

Wednesday, October 7th, 2009

One of the very lucky players named Michael D has hit the jackpot of USD224,000 in a video slot machine of SlotsOfVegas casino. Michael has been playing in the casino with the nickname “MADMAN”. It was during his play of the RTG game – Prince of Sherwood – that he won a massive sum of money amounting to USD224,000.

RTG Video Slots

Most interesting and inspiring is the fact that “MADMAN” had started his play with a sum of USD50 only. He went up the ladder by accumulating progressives and ultimately went on to win a massive quarter of a million. Another notable fact is that Michael won this huge amount in a very short period of time of 1 hour only. According to Ralph Biggers, the customer care manager of SlotsOfVegas casino, he had seen many big wins in his casino life but has never witnessed a win of such a big money in such a short period of time. He also said that starting with a mere sum of USD50 and reaching USD224,000 within 1 hour is phenomenal in itself. Ralph has jokingly remarked that “MADMAN” had really played by his true name and has followed his true instinct for such a phenomenal win.

Michael D has been gambling for a long period of time and prior to this win, the maximum amount of money that he had ever won was USD4,500 in the New York Hotel casino of Las Vegas. Winning of such a great amount has left him mesmerized and is waiting for the check for coming to terms with reality.

Representative of SlotsofVegas casino, Mr. Christopher DiAngelo, has confirmed the fact that month of September 2009 has seen a phenomenal increase in the total number of big winners in their casino. He is upbeat about the fact that increase in the numbers of big wins is the sign of the expanding satisfied customer base of SlotsOfVegas casino.

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Its time for Argentina to think about online gambling

Tuesday, October 6th, 2009

Argentina, the land famous for its soccer potential is now on a look out to reverse the existing software solutions and online gambling policies. The country is intending to start up with some positive changes ringing hope for several gaming enthusiasts based here.

With decisions to initiate positive changes, the gambling industry is seeing new rays of hope in the coming days. Gaming experts are of the opinion that these changes will be successful in creating an enormous sphere with indications for a great future of the online gaming industry.

Poker site sponsors an Argentinian football club

Online gambling making grounds

In a recent event, River Plate, which is one of the well known football clubs of Argentina was sponsored by the Poker stars. net. It is through some of these promotional campaigns that the online gambling industry is trying to strengthen its roots in the whole country.

It has always been discussed that South America could be one of the major destinations for online gambling. With more of young population who are technologically sound and progressive pertaining to the world of internet, online casino will be a great option to attract more of such crowds based here.

Plans to popularize online poker : Take a look

Mr. Vince Van Horn, the honorable Vice President (Operations) for the Access Corporation in the Santa Monica, California says that his company receives more queries from most people residing in different countries in South America. All of these queries relate to the beginning of the first ever website of the Poker Site Central. Moreover, most queries are in respect to the custom software solutions in poker gaming.

Presently, the company of Vince Van Horn also offer sports book and casino software options but their main interest point currently emerges to be the game of poker. Mr Horn added that in the near future more projects are expected to begin. All of these projects will be focusing more on the Argentinian gambling market. In the present date, Poker Site Central has emerged to be the popular choice for most novice gambling participants offering them with starter solutions.

The inside news

The news is that within a period of two years if online casino operators reach out the Argentinian land, a minimum of one software developer will be able to function their essentials for many people at a time. Moreover, it will be successful in offering players with easy global access to all of these gaming units.

The main question that still arises is that whether the government of the country considers this as a beneficial step or not. Thus, this is something that still requires to be discussed overtime. The time period of 2 years is considered as an insufficient time frame for establishment. It is only natural for a software company to start with the set up to attract gamers.

It is said that the possibility of developing online gaming in the Buenos Aires was also being investigation. It was Intralot, Greece that became the first ever organization to look for a license in this country. It was the time when the mayor of the Buenos Aires was trying to learn about the internet gambling concept. In the present date, the top level authority is giving it a second thought and examining the option of developing online gambling throughout the whole country. Plans of making internet gambling as a national industry is still on cards which will be regulated similar to that of the United Kingdom and Antigua. So we can say that hope still remains!!

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UIGEA – Barney Frank’s Online Gambling Bill and Unanswered Questions

Monday, October 5th, 2009

UIGEA or Unlawful Internet Gambling Enforcement bill (UIGEA) is a law which helps the government to nail any financial institution who is aiding fund transfer from “unlawful online gambling”. But surprisingly there is no clear cut definition of “unlawful online gambling” mentioned in Federal laws. Naturally, the question come up how can a law nail a financial institution dealing with fund transfer of an online casino when the determination of the nature of gambling, i.e. legal or illegal, is not defined by federal law? Thus, this erroneous and hastily implemented UIGEA becomes unintelligible.

online-gambling-bill

Barney Frank, the democrat representative to US Congress has raised several issues relating to UIGEA and finally has drafted a proposal called “Internet Gambling Regulation Consumer Protection and Enforcement bill”. But this bill is also not full-proof and many casinos are also objecting to this.

Problems Related to Barney Frank’s Proposed Bill

  • One of the basic problems related to this new proposed bill is that it gives all powers to the federal state itself and takes away all online gambling related laws from the state. For instance, powers of giving license to online casinos are given solely to Treasury Department.  States along with the tribes are enrolled in the online casino licensing program. Thus, the taxes that would be collected from online casinos will go to the Federal government and not to the state government.
  • Tribal casinos operate in many states and thus they both have legal conflicts between them. According to Frank’s proposed bill, the tribal online casinos would have their own set of laws and would not be guided by the state laws and jurisdictions. Now, the confusion crops up: What would happen if an American logs into a tribal casino website from his PC from USA?

Critical Questions on Online Gambling Bill of Frank

Some critical questions have been raised by experts on Frank’s online gambling bill and they are:

  1. Would it be able to protect the interests of the service providers of financial transactions related to online casino winnings?
  2. Will this new bill eat into the tribal casino profits?
  3. Is it good to bar the states from collecting the online casino taxes?

The above mentioned questions are popping up regarding Barney’s  online gambling bill. It seems that an alternative bill is required to repeal UIGEA and the newly proposed online gambling bill of Barnet Frank.

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Halloween Tournament of SuperSlots Casino and Multiplayer Game

Friday, October 2nd, 2009

SuperSlots Casino is a leading name in the world of online slots casino. On the occasion of Halloween SuperSlots has organized a grand tournament. In this tournament, the winner can win a cash amount of USD50,000. According to online casino experts, this sum of money is the best amount offered by a single casino during the occasion of Halloween. The total amount of money offered by the slots-specialized online casino offered in a pool is USD100,000.

Super Slots Halloween Tournament

Entry Fees

In comparison to the high amount of money that can be won through this Halloween tournament, entry fees of each and every player is a mere USD10. SuperSlots online casino also gives another option of re-buying fees to the interested players. The sum of re-buying for every player is set at USD10. This re-buying will enable the players to get an additional balance of USD300.

Duration of the Tournament

Halloween Special Tournament SuperSlots Casino has started on 1st October 2009 and will continue till 30th October 2009. The total number of players who have already registered in the tournament has reached the 200 mark.

Game Specification

SuperSolts has also introduced some new and exciting slot games on 25th September2009. All these fresh games are specially framed multi-player slots. One of these new games is mentioned below:

Special Edition Slots – Multiplayer Wheel of Wealth

This new slots game can allow 6 players to play the game at the same time. These players can spin and chat with each other during the online slots game. Bonuses offered by these slots are quite lucrative and the winnings can become enviable for others if you keep on playing.

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