A 60 day service freeze, as well as a revision of the current status of fifteen cash play online games, such as poker and mahjong. This is very often the price which a number of online gaming companies, such as Dacom Multimedia Internet Inc, have to pay before given the green light to proceed with business as usual. What is the reason? The Korea Media Rating Board (KMRB). This organization is looking for operators who set up “foe casino- style”. What could be funny, KMRB suspects even certain trendy children games such as Tetris, which has entered the gambling area! A representative for Dacom Multimedia explained that there may have been some confusion on the part of the KMRB on the subject of game play and money. Although, an executive from KMRB commented on the matter, saying, Continue reading »
“When you force legitimate businesses to the sidelines, it opens the world to people who operate in gray or black areas.” That is what Tony Cabot, a market analyst said to the Las Vegas Review – Journal. It has begun an open media discussion, whether to ban online gaming or not? However, many savvy gaming connoisseurs claim that rather than outright banning online gaming functions, what we need are some regulations. It can be best shown on example of prohibition in U.S. in the 30’s… The more illegal alcohol was the bigger was its underground market and people like Al Capone, were very “successful” because of strict rules of law.
Nowadays, these restrictions has left the gaming industry on a “put on hold” mode and it really shows green light to underground Continue reading »
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In our risky world, people who can not stop playing online appear to be a real problem. It is hard to believe that we can find seriously ill people among them. All those addicts are very often unconscious of their problem and even do not try to do something… The new video lottery terminals {VLT} have reportedly helped in preventing problematic obsessive gamblers from entering the realm of addiction. Scientific studies conducted by Nova Scotia’s gaming firm, shows that what can help is a cautionary signal on the gaming machine, which simply alerts player that there is a potential problem with him using an online game. The VLT were quickly sent to some parts of gambling market. The Canadian province bought the new equipment and, after success, mounted a few more cautionary signals to the Continue reading »
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The number of country in which online gambling is legal is increasing from year to year, even from month to month we hear about another one. This time: Mexico. Not very modern but very intelligent country. Few facts: around 450 to 1,000 underground unlicensed casinos are open every day. As the answer to this problem, a new Federal Gaming Bill to permit Mexican casino legit functioning is expected to be passed Next December 15th . The government also has formed a National Gaming Commission, as an authoritative power that will oversee the gambling locals that are to be launched and, what is more, Casino owners will have to disclose their financial back up sources. Now, some key facts: gaming buildings will not be able to run within 200 meters of churches, schools and Continue reading »
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Try to guess, my reader, how many countries were participants in 1st European Gaming Expo? 10 or 15? No! There were more than 275 representatives from 22 countries in The Hotel Rey Juan Carlos, in Barcelona last week. The event was coordinated by The River City Group and ATE, a business data supplier. While the U.S. is trying to destroy the market with up in the air regulations on gambling and banning internet casinos, Europeans think about development of this branch with a strong protection from governments in order to provide a more positive outlook on the issue of online gaming. Many European authorities are trying to mark its foothold in the region, so that is why it has every time a unique face. Thus authorizing leading land-based gaming trademarks in Alderney and The Isle of Man Continue reading »
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Have you ever wondered how much money can a man lose while playing in casino? George Lu is unquestionably the hero. He lost $93 million in Australia last year playing baccarat at the Crown Casino. According to Herald Sun, shortly after they completed an investigation of one of the top big time gamblers in the world. All those Mr. Lu’s big casino expenses included paying $198 a bowl for shark fin soup, and $2,000 for Grange Hermitage liquor a bottle. He even bumped former President Clinton out of the top suite, making him settle for the second best room at the Crown Tower Suite. Mr. Lu’s accommodation, which cost $25,000 a night, included a host of private butlers, gold taps, and a full-floor accommodation. Although he stayed for nine days with a real luxury conditions, Mr. Continue reading »
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Many people were engaged, and many financial sources with one of the biggest gambling challenge of last years but after all, Steve Wynn’s (casino big shot) $1,5 billion MGM Mirage project in Atlantic City was laid to rest! The question is : why? That big plan of constructing a monumental casino in the Atlantic City marina area was initiated in 1995 and after spending $220 million digging a tunnel to the marina, after knocking down nine homes for the proposed plan to take off, all this work was stopped. After much consideration it was decided that there are many more attractive places for gambling in Pennsylvania, New York, Britain and other areas. All those changes will not affect the $1 billion Borgata project owned by MGM Mirage and Boyd Gaming Co. On Wednesday, Continue reading »
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A sum of $872,884.09 to Michele S. and $739,794.33 to Brad S. and the largest web win $1, 594, 649.00 to Tony P. What connects all those people? Simply they won using online casinos. Curacao – Major Million’s jackpot has been a bonanza for five Jackpot Madness winners. What is Jackpot Madness? It’s the largest jackpot link which has paid out such a big time dollars to several winners. ” My husband and I jumped out of our seats and started to scream like little kids. We plan to buy a home and two cars and help our families.”- said Michele S. in response to her big win. Generally, in the past six month’s payouts totaling $3, 884, 112.13 has been passed out to five big time winners. Since the inception of Jackpot Madness in l998, a grand total of $77,028,646.16 has been spread Continue reading »
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The critics of Senate are against the bill that makes it legal to put slot machines near Pennsylvania’s grass tracks on which horses race. They say that the bill would eliminate many of public protections and the taxpayers would have to pay millions for that. Senate Minority Leader Robert J. Mellow, D-Lackawanna wants to discuss the bill once again. The case is, that House leaders and governor Ed Rendell see the bill the main source of financing a plan to lower the taxes for the owners of schools by 20% in every state of the USA. Senate Democrats criticized mainly an addition made to the House bill. The addition was made because lobbyists for Penn National Gaming Inc. asked for it. Because of the addition, a future buyer of the Wyomissing-based company would not have to have a state Continue reading »
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The first display about gaming will take place at The Dome in Northgate this October. Gaming magazine, New Age Gaming, will organize the Gaming Event to present the latest PC and console games and technology gadgets. There will be local area network (LAN) with 650 points where anyone can come with their PCs and play against each other. “The game will be live commented in LAN, and this will make the country’s gaming rivalry stronger,” Michael James, editor of New Age Gaming said. There will be typical LAN games like Counter-Strike and Warcraft III, but also there will be a place to play older games. “In this area, players may play such classic games as Starcraft and Quake I.” If you are not interested in playing games, there are some other attractions for you like anime theatre, role- Continue reading »