Online Casino Edition – Casino News News about online casinos and gambling

July 18, 2014

Mobile Devices Transforming Online Casino Play

Filed under: Casino — Tags: , — OCE News @ 8:33 am

Recent studies have shown that more people than ever are now carrying around some sort of mobile device with them each day. The one statistic that really grabs attention however is those users are spending a considerable amount of time online playing games. Casino players no longer are chained to their desktop where they have to play only where sitting at home. The mobile technology has broken those chains and gives players the ability to play online slots or poker anywhere they can get an internet connection.

It was only a few years ago that online casino players were limited to playing from a desktop computer. Today you can access your favorite casino while waiting for a friend at the airport, sitting outside on your lunch break, or waiting for an appointment at the doctor office. The freedom of mobile technology has given players the ability to play more often than ever before. With all that time to play, smart gamblers are always looking for that competitive edge to help them increase their bankrolls.

Players today are utilizing social media to help them to identify casinos worth playing or ones to avoid. These players are spending up to an hour each day simply visiting social media websites. Getting tips and techniques on where the biggest jackpot might be could convince a player to change casinos and try to become the next online millionaire. But those players understand social media is all about other people’s perspectives and judgements. One website that gives impartial yet powerful information to casino players is OnlineCasinoEdition.com.

When you visit OnlineCasinoEdition.com the first thing you will notice is it is laid out to get you important information at a glance. You can quickly get the latest information on which online casino has the highest current bonus program and even a detailed impartial review of that casino. You can read the scrolling news reel about all the latest jackpot winners, and how much thy increased their bankroll overnight. This website is designed to keep players who are used to getting lightning fast information while on the go. Now they can access one website and get all this information right on their mobile device any time of day.

One of the most vital parts about this website is you can get the appropriate training tools needed to hone your skills. If you are not too good a player at Texas Hold’em but want to get better, you have tools available to teach you the rules of this very exciting game. In addition to getting all the strategies and rules as far as game play, you can access some unique tips and tricks that are sure to jump start your playing to the next level rather quickly.

Today more people are playing at their favorite online casino than at any time before. These same players want their information fast and they want to play whenever and wherever they want. Mobile technology has completely changed the landscape of online gambling for the better.

July 16, 2014

Crashes and Successes: Latest Gambling Industry Developments!

Filed under: Casino — Tags: , — OCE News @ 8:31 am

It’s been a busy year in the hectic, chaotic gambling industry. As expected in an industry based on chances, many exciting crashes and successes unfolded during 2014. Let’s take a look at how gambling has been faring both abroad and domestically in the US.

Gambling Abroad Asia: Macau (anchor text)

Recent reports from June 2014 indicate a massive expansion in the gambling industry of Macau, a specially administered territory in China. The revenue of such gambling agencies in Macau had reached a whopping 45.2 billion dollars, outcompeting Las Vegas profits by around seven times. Japan is also planning to enter the gambling industry, and this will drastically shift the power balances in the Asian countries. Japan is expected to generate profits of around 15.2 billion dollars, placing it third behind Macau and Las Vegas. Finally, legalization of gambling and casinos in Vietnam for locals would generate 3 billion dollars in profits. The recent boom in the Asian gambling industry in countries such as Macau, Singapore, Malaysia, and the Philippines as well as the hopeful outlook on laws regarding the legality of gambling in some Asian territories spells good news on the future of such business abroad. However, be careful! Illegal betting and gambling is rampant in Asia: this is most clearly evidenced by the recent betting around the 2014 World Cup games.

Gambling Industries Abroad: Europe, Online Gambling Booms

An investigation from September 2013 into the phenomenon of online gambling in Europe has found promising results. Though many would expect gambling laws and traditions to be solidified and less resistant to change, there have been a few instrumental changes to regulation and laws in the UK that have resulted in interesting outcomes. This new tax regulation applies regardless of a gambling company or casino’s location. Therefore, online gambling companies can now be taxed. Despite this limiting effect on the amount of investing directed towards online gambling industries, many online business still have flourished. For example, 888 Holdings has increased its shares prices fourfold and other popular gambling companies such as Paddy Power or Net Entertainment saw price increases of 70%. These increases are reflective of successful and lucrative gambling business as well as growth during the past two years. The market and conditions for European gambling appear optimistic.

Domestic Gambling Industries and Casinos: The United States

The gambling industry has been relatively quiet during these most recent months. A few laws and events in the industry are notable. For example, in March 2014 Senator Lindsey Graham proposed a bill that would prohibit online gambling. This would have a global effect, even in the states where the practice is legal already.

Besides these developments, more criminal activity has been experienced at various online casinos in the US. Bribes in poker directed toward gambling officials have become a serious problem. The government’s involvement, some say, needs to be refocused onto the criminal nature of some gambling events rather than around the gambling itself. Through a concentrated effort in created regulations against cheating, this issue may be resolved.

July 14, 2014

Entertianment on the Rise

Filed under: Casino — Tags: , — OCE News @ 8:30 am

Gambling is an exciting pastime that offers a shot at a return. When gambling you are not just paying for the entertainment of the moment. Gambling offers you a chance to have fun, challenge yourself and an opportunity to make back all the money spent and more. It is a thrilling form of entertainment. With several different forms of gambling from slot machines to playing the tables, gambling has soared to new levels of popularity.

With it’s popularity the highest in years, casinos are being built everywhere. You can even find all the games from casinos in your very own home. Casino webpages are all over the internet offering low and high bid games including slots and table games. The websites offer games with varying odds and even include atmosphere you would find at a casino. You can talk to other players through online chats and find all the graphics and excitement of the casino in the virtual realm.

There are further perks to playing in online casinos. With smoking bans occurring across the nation you would be free to set your own rules about smoking while playing online. Also available online is the opportunity to play at eighteen years old instead of waiting until you are twenty-one. While the legal age for gambling varies from country to country most casinos prefer to be able to serve alcohol on the carpet without having to check identification every time so they try to only permit those who are of legal age to drinks on the carpet. While the drinks at the casino may be on the house the intent behind serving drinks on the floor has always been that intoxicated people will play longer. Intoxicated people tend to feel as if they are floating on a cloud and they can easily lose track of the time they have spent on the floor as well as the amount of money they have spent. Another perk of the online casinos is that you, as the gambler, get to decide your attire without any questionable looks or qualms.

With fun names and fun games players are encouraged to gamble online as much as in a traditional casino. Online casinos may not offer the same bonuses as traditional casinos but they still offer bonuses non the less. Online casinos will offer players sign in bonuses for creating new accounts. Online casinos also offer you the convenience of scheduling, you play whenever wherever, and whatever game you would like. You also receive the benefit of having the earnings securely directed straight to your credit card. By playing online a player also enjoys the opportunity of privacy and personal tutoring as a player can easily open another tab and read up on tips to play games as well as watch videos of the game being played.

Casinos may all seem alike but they are really in competition for your business. A player can always find great perks and benefits no matter where they play, either online or in traditional casinos.

July 12, 2014

It’s The Law, But Is It Safe?

Filed under: Casino — Tags: , — OCE News @ 8:29 am

If you’re reading this, you’re a fan of, or at least interested, online gambling. As such, you’re also aware that some online gaming sites and casinos are better, and certainly safer, than others. So a recently passed British law announcing that its Gambling Commission would now be policing many of the world’s regulated online casinos is a good thing, right?

Many online casinos are licensed to operate out of the tiny nation of Gibraltar, a British owned territory. Casinos here and in a few other locations are the only ones that British citizens may currently gamble in legally. This new law will allow gambling in a larger foreign market. Companies from as many as 165 jurisdictions around the world are taking advantage of this law to apply for British gaming licenses.

Well, competition’s not a bad thing, correct? However, Peter Howitt, head of the Gibraltar Betting and Gaming Association (GBGA), disagrees. He claims that the U.K. Gambling Authority has in fact, no authority to monitor and enforce regulations with these potential new casinos, because they fall outside of British sovereignty. New gambling law + new tax law = U.K. Gamblers moving to foreign unregulated sites, Howitt feels. The results of his equation? He feels that “significant” numbers of “unprotected” British players will begin using “unregulated or poorly regulated” gambling sites, and suffer financial and security theft as a result.

Is this sour grapes on the part of the GBGA, unhappy about losing potential customers? Is there anything they can actually do keep this from happening? Possibly. In addition to issuing a formal complaint, the GBGA may have found a legal loophole. Through their legal firm Olswang, the GBGA claims that the new U.K. Law is in violation of Article 56 of the Treaty on The Functioning of the European Union (TFEU). In a non-legalese nutshell? Olswang is claiming that this new law will have the British government sticking its nose into places where it doesn’t belong. Because of the filing of Olswang’s claim, the British government and its Gambling Commission can’t move forward with the new law until a judicial review is undertaken. They have 14 days to respond to the GBGA’s claim.

GBGA’a alternative to the new British law is a proposed program called “Passporting”. Under “Passporting”, British licensed casinos in various jurisdictions would be responsible for their own regulating, but would share information with the Gambling Commission.

Will the GBGA prevail? Is their concern for the online gambler sincere? Certainly as an industry, they have much to lose with potential increased competition and a loosening of industry standards. But as this case looks to drag on in courts for some time (and you probably don’t want to put your money on the GBGA), gamblers can protect themselves in the meantime. They are advised to thoroughly research any casino’s country of origin. They are advised to research said country’s gambling regulation (if any) practices. And as always, they are warned that when gambling in foreign waters (even from their sofa) they may be losing more than wagers.

July 10, 2014

Late June News in Online Gaming

Filed under: Casino — Tags: , — OCE News @ 8:28 am

All of the current talk in the Online Casino world is coming from London this month. The Gaming Licensing Act, that was recently granted Royal Assent is being fought by the Industry in Gibraltar, including 32Red. The other big news is a mega-merger to the tune of $4.9 by Amaya!

Gibraltar verses England

England’s recent attempt to impose law and taxes upon online gambling has generated a push-back. The Gibraltar Betting and Gaming Association (GBGA) reflects the united interests of the online gaming sites that are based outside of the UK and on Gibraltar.

This is a response to the UK Gambling Licensing and Advertising Act of 2014, which not only adds new levels of regulation from London but also a 15pt tax upon all bets placed. 32Red and others based in Gibraltar already are required to have permits and are regulated in Gibraltar.

GBGA sees this as both an attempt by London, to raise an estimated 300 million pounds annual from this Act, which already has received Royal Assent. It is also seen as a lever to force bookmakers and sites to return to the shores of the UK and depart Gibraltar.

Lawyers in Olswang have been hired by the GBGA to challenge the legality of the entire act. The 15pt VAT “point of consumption tax” on all bets placed from the UK, is expensive and a dangerous precedent in an industry already regulated in Gibraltar. They are claiming the Gambling Act will expose gamblers to “unscrupulous operators” and is a breach of law in the EU.

Amaya’s $4.9 Billion

Amaya is planning to cash acquire the Oldsford Group, based offshore in the UK on the Isle of Man for $4.9 Billion. Oldsford may not be familiar to you, but it is the owner of online gaming sites Poker Stars, and Full Tilt Poker. This acquisition will create the world’s largest online gaming operation in the world.

The meta-casino online is just the beginning. Amaya is preparing to return the pokers sites back to America! Three years ago, online gaming was treated as illegal in the United States, but a new interpretation of the 2011 Wire Act has re-opened the way for individual states to decide if online gaming is legal within their borders.

Amaya has stated that it fully intends to return Full Tilt Poker, and Poker Stars to USA. Those sites already operate and deal with American regulations, but Amaya has not disclosed its plans beyond returning to America. Amaya usually has operated behind the scenes in the gaming industry, some lotteries, numerous varieties of slot machines, and most notably casino management software.

Conclusion

Taxing and Regulation are again the big news in Online Casinos this month. The UK attempting to impose its new 15pt tax on the Gibraltar Industry, and the industry pushing back this attempt at greater taxes. In the States, the new flexibility to legalize and tax the industry has led to Amaya attempting to purchase the owner of Full Tilt Poker and Poker Stars so they can return to the United States!

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