Category Archives: News

How Internet Gambling Became a Multi-Billion Dollar Industry – Gambling

Online wagering only began in the 1990s, but it didn’t take long for it to become a multi-million dollar business. The catalyst for the explosion in online gaming came in 1994, when the government of Antigua Barbuda, an island nation in the Caribbean, passed a law allowing online casinos to operate from their country.Naturally, many people saw this as a huge opportunity, and two of them, Andrew and Mark Rivkin, formed a company called Cryptologic to write software enabling safe handling of finances in online gambling with till-then unequalled encryption practices. Another big company was formed in 1994 too: Microgaming.Cryptologic and Microgaming were the two leading companies as afar as gaming technology. Cryptologic was first to make a fully operational gaming platform with electronic money account management. By the end of 1996, InterCasino was up and operational on the web – one of the very first online casinos. It wasn’t long before online casinos were a multi-million dollar industry. Not long after that it stepped up to being a multi-billion dollar industry.In 1997, Microgaming released Cash Splash, the first online progressive slots game. At this time, players from the US were a large chunk of the online betting population, and this fact drew the attention of Senator John Kyl (R-AZ), who started drafting various legislative bills to stop people from gambling online. The first of these, the Internet Gambling Prohibition Act, did not pass, and Americans continued their love affair with onlinebetting.Other world players coming on board the internet casino train during the late 1990s included Argentina, and UK territories Gibralter and Isle of Man, which began online sports betting sites. By 2001, the British Channel Islands legalized online betting, and later that year, there was a push to legalize internet wagering in the UK as a whole.In 2005, the UK Gambling Act was approved, and it was a boon for the internet casino industry. The law created the UK Gambling Commission to oversee all enforcement of regulations in licensing online gaming sites, preventing underage gambling and ensuring software fairness accreditation and reporting of monthly payout percentages. The Commission also investigates and prosecutes illegal gambling and basically is a very comprehensive online wagering regulatory agency. The UK’s internet wagering oversight is now considered a model for other countries that want to regulate online gambling.In October 2006, US legislators tried to legislate an end to betting online by American citizens with the Unlawful Internet Gambling Enforcement Act. Then-Senate Majority Leader Bill Frist (R-TN), attached the bill to a “must-pass” bill on Port Security aimed at combating global terrorism, claiming that online wagering proceeds were used by offshore companies to fund terrorism. But just before enforcement of this act was to go into place, new legislation was written allowing US citizens to participate in online gaming. Though it has passed from committee, there is no guess as to when or if it will be passed by the House and Senate. That means that currently, US online gamblers exist in a gray area of the law, though public sentiment is growing behind full legalization of online gambling in the US.

A Guide for the Newbie to Get Acquainted With Online Casino Gambling – Gambling

Undoubtedly Internet is the buzz word of today’s world, be it the shopping, looking for information, or even the casino gambling. The Online/Internet casino gambling is presently an industry worth several billion dollars and it seems to grow continuously at an incredible fast rate. More and more interested people are gambling at these online casinos, because of the lucrative offers being made by them. It is a highly convenient experience and satisfying to just sit in front of the PC, and enjoy the experience of online casino gambling and win good cash without even wasting gasoline in order to reach the far located casino. Also, no is there to force you to gamble more money, especially when you don’t feel like playing anymore.The casino gambling websites around the world permit you to play all your favorite casino-style games like the roulette, classic blackjack, the poker and so on and that too with the convenience of staying right at home. To comprehend the online casino gambling in a much better way, you d can have a look at the following beginner’s guide to the world of online casino gambling:Choosing the trustworthy Online Casino: One of the biggest myths about the online casinos is the fact that, they are often considered to be illegal and unauthorized and this I tell you is so untrue. Majority of the online casinos are having license and they deal fair in terms of the online gaming. To choose a trustworthy online casino gaming website it is very much needed to check out the credibility and the affiliated sites. So, register only with the licensed gambling sites that assure you of the fair gaming policies.Choosing the Perfect Casino Games to Play: Different casino games that you can play online are the followings:
Blackjack, Poker, Roulette, Baccarat, Slots and Keno Fun Games. You can choose the casino games in accordance to your skills, choice and obviously your knowledge of it. Ensure that you are well aware of the rules of the game that you would like give a shot at. Also, some of the websites offer free tips and tactics to aid you win and overall play better. You can also go through some of the quality casino gambling books with a view to teach yourself the fundamentals of the casino gambling.

Guidelines For Successful and Safe Online Gambling – Gambling

Betting and playing on online casinos is relatively easy and convenient, as compared to a land based casino, but just like other games even online casino games have to be played with lots of strategies and guidelines. These guidelines or instructions make sure that you don’t lose big or get bullied by online casino dealers. There is no doubt in the fact that your own skills are your best weapon, but without a proper knowledge of ‘how to’ and ‘what to’ in the world of online casinos you can end up in a mess and even if you did not it’ll be a successful road to a dead end.Today you can get the big world of casinos and gambling into your home and office through internet. To utilize this alluring and enigmatic world of money and entertainment you need to understand few basic instructions for successful betting.First thing first, always choose the right online casino in order to make a good fortune and learn more. Out of so many online casinos that are available, it may be tricky for you to pick one but by doing some enquiry and comparing the facilities they provide it may not be as difficult as it sounds. Search and read about the online casino you choose and its terms and conditions. Also go through the ‘about us’ page and through the various schemes and bonuses being provided. See if the casino is providing free practice and fun games. See if the casino has a 24/7 available customer support system. Talk to people or friends for their advice. Lastly, do not forget to check for any hidden conditions.Always find out the pay mode of the casino you have chosen. Enquire if you need to have an electronic account with them or will they accept ATM prepaid and cheques. Some online casinos also charge registration fees.Start with free games or practice as much as you can before you begin. Learn, understand and get a grip on the skills and controls as some of the online games have different rules. Also do not get tempted by the game if you are winning not losing, as some online casinos make their player ‘win and win’ to attract them and make an impression on them.Risk management is another important skill you should adopt before entering into the world of online casino or gambling. Gambling does not always make you win you also lose and sometimes lose big. To avoid big loss and burn outs always keep a limit for yourself, keep your approach low and don’t get over confident. Also if possible keep aside the money for gambling. By playing with the limited amount of money you will learn to check on your moves and end up with successful bets. Once you know the amount to be used your next step is the ‘stop point’. Decide and plan when to stop betting and playing in order to minimize the loss, if any. Burn out or exhaustion makes you less attentive towards your strategies and you end up losing.To win big, start small. Play with lower level in a casino game to get the control of the ambience and the mood. With lower bets you also ensure less loss and slow, but a winning path towards success. Also always start with or play online casino games, you are familiar with and, have more winning chances as you know what you are into, and thus chances of winning are higher and certain.Be cautious of the software you download as security of your system matters. And do check the credibility of bonuses and free money you are being offered by some online casinos, in order to escape any penalty or trouble.Last but not the least always play with a relaxed mind and don’t let the anxiety in you rule you, as it’s a world or fortune and fun, so enjoy and experience the magical environment of casino and gambling. Like any other game even gambling requires sportsman spirit in the players.Gambling or casino games are always exciting and alluring but a successful player does not lose himself in the charisma and flashy world of money For making full use of an online casino and its benefits you need to be skillful, alert and need to think practical as well as positive. These guidelines will make you aware of things to remember before beginning or stepping in world of online casinos and gambling.

Visit a Gambling Forum Before Playing Online – Gambling

If you’re looking for answers to all those questions that you ever wanted to ask about online gambling or casinos but didn’t know who to turn to, your search has just ended when you access a gambling forum. A gambling forum is an informative site that serves to bring you all that important data right to your fingertips.Look at it this way. Imagine if you just started out on your online gambling journey and you see that there are literally thousands of site out there. How do you know which site to play at, what each one offers, who the software provider is, what type of games are available and so forth, and so on?Now imagine that you have a sort of ‘handbook’ that teaches you exactly which sites are available, based on your specific requirements. Say, for example, that you live in the United States and you are somehow restricted to sites that serve US players. Instead of going from one site to another, looking to see if they accept US gamblers or not, you simply access a good gambling forum or do a search for US friendly sites. The information is at your fingertips in a second and you will know how to reach the site, whether it looks your scene and what the games are.And say that you are looking to join a new online casino and you want to know the best offers available to new gamblers at these sites. Again, instead of wading through thousands and thousands of online casinos available out there, you simply access the gambling forum, find the appropriate list that spells out the latest welcome bonuses and you can find exactly what you are looking for in a fraction of the time.Gambling forums provide you with more than lists though. This is where you will find reviews of the online casinos that you are thinking of joining, so that you can get a clear and objective opinion on the site itself.It is also where you can read about the latest industry news so that you are always kept up to date with what is happening around you. They say that knowledge is power and by learning about new games, software, regulations and trends, you will be able to make informed choices about your online gaming sessions.A gambling forum is perhaps one of the most important tools you can have and it is worth using whenever you can.