Last month Zynga, the creator of several popular Facebook games announced the launch of social slot machines. The unique concept is sure to attract millions of users. Zynga has been a leader in social gaming and in February launched a highly successful bingo game on Facebook. The addition of casino games on Facebook signals a [...]
Credit cards when used wisely can be a great convenience for most people. Unfortunately the irresponsible use of credit cards can lead to financial ruin. Most credit card users are responsible and try to pay off their balances every month to avoid interest charges. For those with good credit interest rates are low but miss [...]
Gambling has a long history. Archaeologists found a 5,000 year old pair of dice while excavating a Bronze Age site in Iran. Native American tribes have games that date back thousands of years and a few of these games are still played today at Pow Wows. Humans have been risk takers for millennia and gambling [...]
It would appear that despite the recession the internet gambling industry is doing very well. Several internet gaming companies have reported an increase in revenues and the number of players participating in internet gambling games such as poker, bingo and other casino games. 888 Holdings recently reported that during 2011 revenues increased by 26% compared [...]
Washington D C was on track to be the first jurisdiction in the United States to offer internet gambling to residents. In an astounding about turn the city council is now poised to repeal the program before it starts. The action by the D C council is not based on moral objections and council members [...]
Internet gambling and online lottery tickets may become a reality thanks to a recent decision by the US Department of Justice. According to the DOJ the Wire Act only applies to sports betting and other wagers are perfectly legal. The decision was written in September 2011 but was not released until the last week of [...]
Internet poker players are painfully aware of last April’s seizure of four poker sites including Full Tilt Poker. After the seizure players at Full Tilt found their accounts frozen and had no access to their accounts. In mid November there was finally some good news for account holders at Full Tilt. It was announced that [...]
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 United Kingdom was one of the first nations to legalize and regulate internet gambling. Instead of a US style prohibitionist approach the UK realized the revenue potential of internet gaming. Unfortunately the relations between the government and the internet gaming industry have not always been amicable. The Gambling Act of 2005 is the basis [...]
Members of congress are desperate to balance the nation’s budget especially in advance of the 2012 elections. Members are trying to figure out ways to increase revenues and cut spending at the same time. Congressional debates have been unpleasant and there has been a lot of political posturing. One of the new revenue streams being [...]
