4 Casino

Dying to Win at Poker

Thu, 28 Aug 2008 04:43:57 +0000

Don’t take gambling so seriously. Have a read, have a laugh and see the funny side of losing at poker.
Six guys are over at Stan’s house for their weekly poker game. Abe is having a bad run and keeps losing. Finally he decides to go for broke - all or nothing. He bets everything he has and loses over $500 on the hand. He clutches his chest, chokes, turns blue in the face and drops dead at the table. Showing respect for their fallen comrade, the other five complete the hand standing up.
Roberts looks around and asks, “Now, who is going to tell the wife?”
They draw straws. Don Smith, who is always a loser, picks the short one.
They tell him to be discreet, be gentle, don’t make a bad situation any worse than it is. Remember that Abe’s wife may not be so well, either.
“Gentlemen! […]

Original post by Katsia

How Does Obama Really Feel About Poker?

Thu, 28 Aug 2008 04:41:51 +0000

In an election year, everyone watches the candidates. That’s so obvious that we never think about it, but it’s a basic fact that colors everything “we,” the people and the candidates, do. This year, we’re all living in a fishbowl.
Some background
Since the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA), in 2006, the online gaming community has kept a close eye on political contests. Gamers want to know who’s running for the open seats, and where they stand on Internet gambling. Let’s face it: there’s a large bloc of potential voters out there who want this Act repealed.
With this in mind, online casino and poker players have given the Presidential candidates some close scrutiny. Both have mixed records when it comes to online gaming, and neither has received a high rating from the Poker Players Alliance; McCain was given a D rating, and Obama only received […]

Original post by Katsia

The Timeline of Online Gambling

Tue, 26 Aug 2008 04:57:18 +0000

1994 - In the beginning…
Gambling, casinos, casino games and wagering have existed for thousands of years. But it was this year that Microgaming, the first online gambling software provider, was founded and the entire industry started rolling. Microgaming remains one of the industry’s leaders to this day.
By passing a free trade gambling law, Antigua and Barbuda make it possible for online casino companies to base their Internet operations in this Caribbean nation. The country remains a central location in and around which the industry evolves to this day to a large degree.
1995 - Early Position
Joining Microgaming, CryptoLogic, an online security software company, develops methods to make secure financial transactions over the Web.
With the software and security now developed, it is time for the first online casino to launch - InterCasino. It would continue leading the way for the years to follow, winning prizes along the way for best online […]

Original post by Katsia

WSOP History

Tue, 26 Aug 2008 04:49:28 +0000

The brainchild of legendary casino owner and poker player Benny Binion, the WSOP has now become the annual Olympics for poker fans the world over
Early days
The World Series of Poker, or WSOP was established in 1968 as an invitation-only promotion by Tom Moore of San Antonio, Texas. It was held in the Holiday Hotel and Casino in Reno, Nevada, the “biggest little city in the world.” That inaugural event was won by veteran poker player Crandell “the Dandy” Addington.
Two years later, in 1970, the WSOP took place at the Binion’s Horseshoe casino where a series of cash games including five-card stud, deuce to seven, low-ball draw, razz, seven-card stud and Texas holdem were introduced. That year, Johnny Moss took home the prize money. He was subsequently elected as the first World Champion of Poker by his fellow players, receiving a silver cup as a prize.
Harrah’s steps in […]

Original post by Katsia

Facing the Facts: Internet Gambling

Tue, 26 Aug 2008 04:46:19 +0000

Trying to put an end to online gambling would be like trying to kill email.
One can do virtually anything on the Internet, from ordering dinner, buying clothes, trading on the stock exchange and checking one’s bank balance. If you want fun you can do the crossword, watch a movie, listen to music or gamble online.
The only limit to the Internet is man’s imagination. Having found this ‘new’ freedom it is impossible to take it away. Try and stop online gambling and watch what happens!
Online gambling is a hit
The company com.Score Media Matrix, who monitor unique visits by US Internet users to different categories of websites, show that online gambling visits in July 2008 were up 5 percent over the previous month, placing the category around the halfway mark on a list of 10 top gaining categories.
Their hit-count shows that in June 2008 there were 12 million […]

Original post by Katsia

Macau: A Gambling Success Story

Tue, 26 Aug 2008 04:44:34 +0000

While most of the world is struggling with a case of severe finanacial downturn, Macau reported a 54 percent revenue increase in the first six months of this year
Macau is “gambling town” is every sense. Over 70 percent of all income is a direct product of gambling. All the other niceties are used strictly to entice more gamblers
This is in direct disproportion to Las Vegas where only 20 percent of resort revenue is derived directly from gambling. Merchandise, shows, bars and clubs, high-end restaurants and pricey hotel rooms provide the rest.
The Las Vegas casino industry is showing a [news/theheadlines/2008/3/10/vegas-strip-revenue-down.php|decline in income] in the current economic downturn and it seems that it is as a result of the diversification of business away from the primary concern, namely gambling. As casino management searched to find new revenue sources they left themselves open to the surges of the general economy.
Gambling […]

Original post by Katsia

Democratic VP and Online Gambling

Tue, 26 Aug 2008 04:43:02 +0000

Overall evidence says Democratic VP candidate apathetic - but not negative - about gambling.
It’s official - Joe Biden is Barack Obama’s choice to be the Democratic vice-presidential candidate in the 2008 US Presidential Election. So what would a Democrat administration mean for the future of online gambling in the United States of America, now that Biden is on board?
Biden’s record
Delaware Senator Joe Biden hasn’t made many statements on online gambling during his 35 years as a legislator. A search of his voting record and of gambling-advocate websites does not show a man rushing to legalize online gambling. But the little evidence there is would warm the hearts of pro-gambling advocates.
Biden’s voting record shows that he was one of just 10 senators to vote against a 1998 Internet gambling amendment that set higher penalties for knowingly gambling over the Internet and for knowingly creating an Internet gambling business. […]

Original post by Katsia

The Case for Regulating Online Gambling

Mon, 18 Aug 2008 06:18:48 +0000

In new attempts to reverse the UIGEA law banning online gambling, the US is excited about the prospects of collecting taxes on the huge sums of money spent on online gambling. In addition, regulation could help reduce some of negative effects on consumers, says a new study by the University of Nevada, Las Vegas and the University of Western Ontario.
Understanding online casino gambling
The study, entitled “Blackjack in the Kitchen: Understanding Online Versus Casino Gambling,” is due to be published in the February 2009 issue of the Journal of Consumer Research.
Kathryn LaTour, associate professor in the UNLV Harrah College of Hotel Administration, says that the integration of online gambling in the home can more easily “turn gambling behavior into a component of a consumer’s everyday life, like watching television.”
“When online gambling becomes a routine daily behavior, it is easier for consumers to engage in mindless consumption of […]

Original post by Katsia

The Case for Regulating Online Gambling

Mon, 18 Aug 2008 06:18:48 +0000

Original post by Katsia

Will Obama Legalize Online Gambling?

Mon, 18 Aug 2008 06:13:49 +0000

Conventional wisdom says that an Obama Presidency will be good for the online gambling industry. What does the candidate’s record have to say about it?
With the November election rapidly approaching, Americans are starting to wonder what how a President Obama or a President McCain would lead on various controversial issues. While the ‘big ticket’ issues, the economy, the war in Iraq, and Iran’s nuclear program, get the press coverage, smaller issues are also on the voters’ minds. Online gambling is one of those smaller issues.
According to conventional wisdom, an Obama Presidency would likely legalize, regulate, and tax the online gambling industry. Obama has the highest ‘liberal’ rating in the US Senate, and he has consistently voted in favor of increasing government regulation in a variety of industries. He has no statements on record against online gaming.
Behind the numbers
However, a closer examination of Obama’s career as a legislator […]

Original post by Katsia