An Austrian man who thought he had won a $93 million dollar jackpot was offered a free meal and $93 dollars instead. The winner Behar Merlaku found the offer unacceptable and is suing the casino. Merlaku hit four out of five of the slot game’s required matches and was told he had won the top [...]
According to some economic experts internet gambling may be a good bet for investors. Although accurate figures are hard to come by estimates of the total size of the internet gambling industry range from $2-0 billion to $74 billion.It is also estimated that there are about 20,000 to 30,000 websites serving internet gamblers. Gambling sites [...]
Ever since the passage of the Unlawful Internet Gambling Enforcement Act in 2006 some politicians and various gaming lobby groups have tried to get legislation passed that would legalize, regulate and tax internet gambling. So far all efforts have been unsuccessful. Many thought that the incoming Obama administration would be sympathetic to internet gambling but [...]
Recently social networking Facebook announced plans to launch real money gambling applications. The move has prompted strong reactions from several groups in the UK where Facebook plans to launch the first apps. Facebook is the most popular social networking site and has 800 million active users around the world. Earlier in the year gaming operators [...]
The government in the UK has announced plans to replace the present Amusement License Duty and VAT taxes with a new Machine Gaming Duty starting in February of 2013. Since the Machine Gaming Duty will be subject to budgetary control and rates have not been announced it is unclear how the new tax will affect [...]
In states that are exploring the possibility of liberalizing online gambling laws legislators are concerned that legal internet poker will siphon money away from state regulated lotteries. Many stated depend on lottery revenues to fund educational programs and other social services. As deficits increase states are looking for new revenue streams and internet gambling is [...]
Recently the social engineering website Facebook announced plans to use the UK as a testing ground for online gambling games such as bingo, fruit machines, poker and online roulette. Earlier Facebook said that chose the UK because of its regulated internet gaming market. Now Facebook has been accused of trying to lure children to participate [...]
The next presidential election will take place in 2012 and so far no candidates from either party have clearly spelled our specific policies regarding internet gambling. Online gambling is a co0ntroversial topic that some candidates wish to avoid. For GOP candidates social conservatives and the religious right are adamantly opposed to internet gambling and most [...]
According to a recent article in the UK based Guardian newspaper slot machines and gambling arcades are proliferating across the UK. The dismal economy has forced many shops and businesses to close and in many cases shops are replaced by gaming arcades. A major study of where slot machines (also known as fruit machines in [...]
Poker giant Bodog has rolled out new software designed to thwart data mining programs and removed player’s screen names allowing anonymous play. The move was designed to cater to casual and recreational players. The new software allows casual players to keep more experienced players from using poker tracking software to gain an unfair advantage over [...]
