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

April 12, 2014

TODAY’S STIFF COMPETION IN THE ONLINE CASINO AND GAMBLING SECTOR HAS HIGHTEND WHICH INCLUDES FIGHTS OVER ONLINE CASINO AND GAMBLING THAT MAY HEAT UP IN CONGRESS

Filed under: Casino — Tags: , — OCE News @ 8:56 am

A bigger threat to established gambling enterprises are online gambling opportunities and one of the main reason is that the cost of providing online gambling is close to zero meanwhile, running a casino is costly simply because they employ workers and require running a physical structure. The online gambling market does attract many people worldwide at low costs and does offer better odds and most of all command big payouts.

According to the latest news reports, the threat for new technology and immense uncertainty about what the entire gambling world will look like over the foreseeable future which influences the value attached to the casinos both physical and online. According reliable sources, a billionaire casino mogul launched a coalition last year to ban online gaming and gambling. His main concern was that it is not good for society and could hurt the traditional business casinos. The new reports further indicated that the Coalition for Consumer & Online Protection indicated that the ban would put consumers at risk and violate several rights. Since it is impossible to stand in the way of the internet, it would be best to embrace and shape new technologies in such a way that is safe for customers worldwide.

Thehill.com news, reported that the legislation to ban online gambling will soon be introduced to Congress. Reports further indicate that chances that the bill will face a firestorm of opposition from state lotteries, poker players, and major casinos that see a bright future for the online gambling and casino industry are great. Legislative language used for the drafted documents are titled the Internet Gambling Control Act.

Reports have indicated that more people continue to move towards the internet and mobile based devices. Countries such as Brazil continue to see an increase in mobile phone ownership and more than half of internet users in the country play online games and a lot of them are using mobile devices. According to the latest Global Online Gaming Market 2014 reports, the sector that handles mobile games are expected to increase rapidly with players increasing their spending dramatically on the games and other uses. Growth in the online is expected to be welcomed by internet casino game providers as the market continues to develop and adapt to new technology.

According to reliable resources, it has been reported that the Vegas Casino is the latest mobile casino will be launched in early 2014. With over 25 casino games that will be available on mobile devices, Android, IOS, and all sorts of new devices that are available. The features include slots, bingo, and casino and arcade games. Their software designers have retained trademarks and features of PC based games while in the process of making the transition to the mobile platform. Latest encryption technology for maintaining player confidentiality including the protection of any information and the security of online transactions made by players is all intact.

This is an indication how stiff the competition is out there in the casino and gambling market.

April 8, 2014

Texas is Mulling over the Legalization of Casino Gaming

Filed under: Casino — Tags: , — OCE News @ 8:54 am

Trouble is brewing in the Texas horse racing industry with some individuals pushing for legalized gambling to bring it back to life. The main reason for this counter-reaction is because numerous breeders are leaving Texas for other states that have legalized gambling and are now attracting bigger crowds. Studies indicate that the Oklahoma horse industry has grown exponentially, bringing in $3.6 billion in 2012. On the other hand, in Texas, only 300 foals legible for horse racing were registered in the year 2013, these figures are a far-cry from the peak of more than 4,000 that used to be registered during the heydays.

The report by the Texas Racing Commission in 2011 indicated that attendance has dropped 12%, and the money wagered fell 23% across the state during the 5 year period under-study. While the horse racing industry may not exactly be hemorrhaging in Texas, stringent regulations are keeping it from asserting itself competitively. Statistics further reveal that, over the past 20-years; institutionalization of legalized gambling in the US has seen a phenomenal growth in the gambling industry from a paltry 2 states at the beginning to 48 states today which allow some form of legal gambling. Out of these numbers; 40 states now allow gambling of the casino nature.

Many states outside Texas have witnessed a rise in racing-parks with casinos. Texas, on the other hand, as seen a drop in revenue; at the moment Texas spends $4.37 billion annually on the gambling industry of its neighbor states such as New Mexico, Oklahoma and Louisiana. Industry analysts opine that the racetrack casinos could potentially add-up to 75,000 jobs, and about $8.5 billion in economic growth stimulus statewide. This is in addition to revenues accruing to the hospitality industry which includes hotels, restaurants among other entertainment avenues. Once the legislation passes through, it is expected that the city of Houston will to benefit the most.

However, there are those who are arguing against the approval of the gambling law. According to the think-tank; Texas Public Policy Institute, up-to 27 out of the 57 counties with legalized casino gambling in the US experienced loss of jobs and a 10% – 20% reduction in local business. Case in point is the Atlantic City, where up to 50% of the city’s retail businesses and eateries shut-down within 10 years of legalization of the gambling industry. This is in addition to an increase in the number of violent crimes, which went up 13% among the counties with casinos that were at least 4-years in business.

Despite this sentiment, the gaming industry is exuberant and insistent that the benefits far outweigh the shortcomings. They are of the view that Texans should be left to choose the level of gaming standard they want; whether it will be casino games, slot machines or video terminals as well as the venues they want authorized. Supporters believe that going by the recent poll numbers a clear 80% of Texans support the referendum while 64% support expanded gaming limits in the state.

March 31, 2014

A Historic Deal Merges Online Casino Gambling

Filed under: Casino — Tags: , — OCE News @ 8:34 am

On Tuesday Nevada and Delaware came to an agreement that let residents of each state compete against each other in online poker. Both of these states made the move to regulate online gambling last year, so this deal is very important.

This is a great opportunity for online gambling as a whole to make a progressive shift towards merging it’s player base. This means large expected increases in revenue as well as player retention, and many analysts think this could lead to more open regulations in other key states later on down the line.

Analyst Grant Sheridan called this deal “historic” and “a game changer.” Most online casino owners are claiming he’s right as well.

Arguably the most exciting part of this deal is that it left room to include other states in the future, as more begin to regulate online gambling. Having this drafted means that when other states are ready to join, they will be able to do so quickly and easily. Most analysts have predicted that when the projected increased revenues have officially been made, other states will make a move to join this network.

As expected, Nevada was the pioneer in opening an online casino towards the end of last year. Since then, New Jersey and Delaware have followed suit. New Jersey got off to a bit of a slow start rolling out their online gambling, but are now back on track and are confident they will meet expectations. Chris Christie said that the slow start was more about unrealistic expectations than underperformance.

This deal covers most of the key regulations that all states must follow, but each state does have some freedom to operate within this deal as well. For example, each state will have the ability to choose the stakes at their casinos as well as what games are offered.

This new deal means that online gambling will be making a shift towards becoming more common and accessible, and this is a great time to start learning if you are interested. It’s very possible that you will have the ability to have convenient, regulated, online gambling in your state relatively soon.

Among the games that will be made available are blackjack, roulette, craps, baccarat, keno, and of course, poker. Poker is one of the driving engines behind the online gambling movement, and it’s something that will be around for quite a long time.

It’s an exciting new time for online gambling. Regardless of what games you play, your ability to easily play what you love or try something new is about to get much easier.

February 21, 2014

Learn why online casino gaming has become one of the most popular games

Filed under: Casino — Tags: , — OCE News @ 4:14 am

If you are looking to make money from investing in online casino gaming, then you don’t have to wait. There are many new business leaders who continue to push the envelope in what can be done in online casino gaming. The drive, energy, and ideas of these entrepreneurs will raise the bar and attract even more people to online casino gaming. It is likely to become one of the most important kinds of online games in the coming years. You will reap the benefits of your investment many fold as online casino gaming becomes ever more popular and advanced.

Capital is best spent when it is shifted from low value producing to high value producing enterprises. This is the very definition of innovation as it was understood by the French philosopher Jean Baptiste Say. The innovation of online casino gaming has significantly increased the accessibility to casino gaming, as well as the numbers willing to play. Anyone looking for an industry or set of companies or particular product or service to invest in should look no further than online casino gaming. As the worldwide web proliferates even further and gains users in more and more places around the world, online casino gaming is likely to become even more popular. The more people who have access to the web will naturally lead to more people willing to look for play and recreation on it. Online casino gaming is sure to be among the many types of games that people will turn to in order to enjoy a bit or rest, leisure and pleasure.

Traditional casino gaming houses were scattered and concentrated online in certain cities when the industry first emerged. Las Vegas and Atlantic City were the place people went if they wanted to gamble. Then there was the rise of casino parks and recreational areas. These began to pop up throughout the country, making it easier for people to enjoy the pleasures and thrills of casino gaming. However, both of these phenomena were still hindered by the fact that they required people to travel and, most of the time, book accommodation in order to enjoy them. Such requirements tended to be expensive, which made the number of trips a person could make and the amount of time he could play casino games severely limited. The advent of online casino gaming changed all of that. People are now able to play wherever they are for as long as they want to. It requires no travel, only access to the worldwide web—which is now so ubiquitous that to not have it is considered a grave fault.

If you are looking for a great investment, you cannot go wrong with putting your money into online casino gaming. It is one of the fastest growing industries now going. The popularity, sustainability, and future prospects of online casino gaming are great and bright. No one serious about investing should doubt that the myriad sites, business, and other franchises associated with online casino gaming will result in adequate returns.

February 15, 2014

Discover the many joys and pleasures of online casino gaming

Filed under: Casino — Tags: , — OCE News @ 4:11 am

Online casino gaming has made the various games that one finds in casinos much easier to access and play. It has led to a democratization of casino gaming that did not exist before. It is easier than it has ever been to find a casino and play the games that you’ve always enjoyed or that you’ve always been interested in. This can be fun and exciting for everyone who has an interest in casinos and the kind of games that one tends to find in them.

Newcomers to online casino gaming also benefit tremendously from this new development. They no longer have to go through the worry and anxiety of being a first timer. Being able to gamble from the comfort of your own home results in an ease that counters first time jitters. It is a wonderful experience to be able to scan the worldwide web for a gaming site, and then join that site and play at your leisure. Indeed, most gaming sites do not require an entrance fee or a minimum amount of money to wager. You can go in and out as you please; and you don’t have to worry about having to risk a certain amount of money.

The joy and excitement that one gets from casino gaming can now be had online. Through the web people are now able to access and play games that they’ve enjoyed for decades. And the great news is that it is not as expensive and burdensome as it used to be. Not more than twenty years ago most people had to plan a long and expensive journey in order to get to a casino. It was still a time when casinos were quite sparse around the country. Such a trip could end up costing hundreds of dollars plus the expense of actually casting wagers. That is all a thing of the past. Online casino gaming allows persons to play the games of their choosing without having to worry about travel or accommodation. This is a considerable advancement in how the games are played. And it has redounded mostly to the benefit of ordinary people.

It is not that traditional casinos were not fun and entertaining place to carry on gaming; it is that online casino gaming has become so much more attractive for the ease and accessibility it offers. Anyone who has tried online casino gaming has come away with a feeling of great pleasure. The opportunity to go onto a website and play your favorite casino games is not to be missed.

Online casino gaming is on the rise. You can get the best that traditional casino gaming has offered through the various media of online casino gaming. Although traditional gaming place continue to operate, online casino is the future. It offers players the best graphics, the best effects, and the best conveniences to be found anywhere. For those who love casino gaming online casino gaming is just perfect as a way of passing the time or earning a little money.

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