Internet gambling is incredibly popular around the world and the industry has grown with amazing speed despite the worst recession in decades. Recently the internet gambling industry got a boost after the US Department of Justice cleared the way for states to offer residents legal internet gambling. Millions of people play at online casinos 24/7 [...]
Tough economic times have prompted congress to seek new revenue streams to offset budget cuts. Some in congress say that legalized online gambling could bring in billions of much needed revenues annually. In addition several states are planning to offer intra state gambling top residents. Many in congress would like to overturn the ill advised [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
