Archive for October, 2011
Sunday, October 30th, 2011
Gambling is big business in the United States. As everyone knows the two gambling hotspots in the United States are Las Vegas and Atlantic City. Because of the amounts of cash that are regularly exchanged at casinos the Internal Revenue Service requires casinos to keep track of winnings and make sure the appropriate taxes are [...]
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Friday, October 28th, 2011
Recently the same scenario has played out at casinos across the United States. Excited winners have gone to the casino cage to collect their winnings only to be told that their winnings have been confiscated to pay back child support. Several states have passed laws requiring casinos to intercept the winnings or those that owe [...]
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Thursday, October 27th, 2011
Earlier in the year UK bookmaker Paddy Power and betting exchange Betfair released figures that showed that gambling via the new generation of smart phones and portable devices is rapidly increasing. Paddy Power’s COO Breon Corcoran said that 34% of the company’s active users are accessing the service using their mobile devices. In January 2010 [...]
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Wednesday, October 26th, 2011
Earlier in the month internet gaming giant William Hill faced a walkout of 200 employees at its customer service center in Tel Aviv Israel. The Sun newspaper reported that 200 employees at the Tel Aviv support centre walked out and that chief marketing officer in Israel, Eyal Sanoff, resigned his position. The Sun also reported [...]
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Tuesday, October 25th, 2011
Years ago Las Vegas was a much different place. Gambling was the chief focus and The Riviera is one of the oldest casinos and hotels in Vegas and opened for business on April 20, 1955. The hotel has over 2,100 rooms and the casino has 110,000 sq ft of gaming space. The Riviera has a [...]
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Saturday, October 22nd, 2011
In August the Ohio lottery commission passed several rules governing slot games at Ohio racetracks. Ohio Gov. John Kasich signed an executive order that allowed the rules to be expedited and take effect immediately. Kasich’s executive order allowed the lottery commission to approve rules and bypass the 75 day state review process. The order benefits [...]
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Friday, October 21st, 2011
The casino industry in the United States is making a hard push towards the passage of federal online gambling legislation. Online gambling has been illegal in the United States since 2006 when the ill advised Unlawful Internet Gambling Enforcement Act was passed. While the act does not ban gambling it prohibits banks, credit card companies [...]
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Thursday, October 20th, 2011
Back in 2006 the Unlawful Internet Gambling Enforcement Act (UIGEA) was imposed on an unsuspecting public by anti gambling extremists in congress. The act was passed using the most dishonest of tactics and in, in fact, most legislators were unaware if its existence until it was too late. Predictably the entire online gaming industry spoke [...]
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Wednesday, October 19th, 2011
It is common for land based casinos to comp rooms, drinks, meals and access to entertainment for high rollers and good customers. Casinos have been known to pay for air transportation for high rollers. Online casinos cannot offer those inducements but they can give players very generous bonus terms. At most online casinos high rollers [...]
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Tuesday, October 18th, 2011
Recently the Philadelphia Inquirer published an article titled; the next frontier in gambling: E-gaming. According to the article Bally Technologies Inc. displayed their most popular games including Cash Spin on several platforms including iPod, Blackberry, Droid and iTouch tablets. Cash Spin was also displayed as an internet gambling game. The display took place at this [...]
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