Money Laundering and Online Gambling
I’ve been thinking a lot about money laundering and its possible ties to the online gambling industry. Suffice it to say it is one of the main reasons why this industry has such a bad reputation.
You’ve most probably heard this saying before: ‘‘Listen, here’s the thing. If you can’t spot the sucker within the first half and hour at the table then you are the sucker”. If one looks at history, you’ll see that the US government does not suffer fools lightly. In 2010 it had its sights on the online poker industry which generated $1.4 billion from US players alone.
US Federal Government Nails Online Poker Sites
On 15 April, 2011 the US government indicted the founders of the world’s largest online poker sites. The online poker community dubbed it ”Black Friday”. It blind sided a large number of Americans who depended on the game for a living. …
Are Online Casinos Trustworthy?
I’m not writing this article merely to stir the hornets nest but to make you think twice before depositing your hard-earned cash at the first site that pops up. Which brings me to today’s article: ”Can operators be trusted?
In principle yes but more often then not this is not always the case. There are thousands of online casinos scattered across the Internet and only a fraction of them are reputable.
There have been cases where casinos have ”tampered” their software altering the payout rates for certain games. You’ve most probably heard the old saying that the house is always the winner believe me it’s the truth. Casinos are only in it to make money and loads of it, hence the old saying: ” The love of money is the root of all evil”. Thanks to technological advancement punters don’t have to travel to Vegas or Macau to gamble any more. The …
What Are Reputable Gambling Jurisdictions?
In my previous article I discussed ”How to Choose an Online Casino”. In this article I’m going to talk about the various reputable jurisdictions. Without a doubt this is one of the most underrated aspects when choosing a site to wager at.
History of Gambling Jurisdictions
I’d like to give you a brief overview of how online gambling came about. The first operators were licensed in the jurisdiction of Antigua and Barbuda in 1994. The country passed the Free Trade and Processing act which paved the way for online casinos to apply for licenses. The first software was created by Microgaming, a company based in the Isle of Man.
In 1996 Kahnawake (Mowhawk region in Canada) became the second jurisdiction to regulate online gambling. The first poker rooms were launched in 1998 there were 200 licensed operators back then as opposed to 15 in 1996. In 1998 the annual turnover from …
How to Choose An Online Casino?
Choosing a casino to wager at is no simple feat. There are literally thousands of online casinos scattered across the Internet, each vying for your business. You should choose a site just like any other item you would buy. In this article I’m going to discuss the characteristics of a reputable casino and how to choose one.
Characteristics of a Reputable Online Casino
A gambling site’s main prerogative is to make money and loads of it. More often than not many a player gets caught in the cross hair of the casino. Make sure that the casino is financially stable and that its support staff are professional and properly trained. Don’t sign up just because the site has a slick design.
”Some online casinos might not accept players from your country or they don’t accept Visa or MasterCard. A casino that offers a diverse selection of games, a better payout schedule, multiple …
Thrills Casino Super Promotions
It’s been a cold winter and most Europeans are looking forward to warmer climes and having fun in the sun. In its latest newsletter Thrills Casino announced its Spring promotion. Players stand a chance of winning some huge cash prizes plus they will also receive free spins on selected slot games. Players from Scandinavia and the UK are accepted.
Jackpot Jester Slots
Powered by NetEnt software, Jackpot Jester is a humorist slots with a twist. It’s easy to play and it offers a massive jackpot of €200,000. With a host of customization features at your finger tips you can wager up to 3 coins per payline. The coin value ranges from 0.25 to 5.00 which is suitable to low and high-staked players. When playing a progressive slots always wager the maximum bet. If you trigger the jackpot it pays out the maximum amount.
The symbols that feature across the reels are Bars and Cherries …
Is Internet Poker Legal?
Internet poker is also referred to as online poker. It is when you play poker via a computer connection over the internet. Many online casinos use poker software that connects players from all over the world. In this article I’m going to discuss the legality of online poker and also discuss the fairness of it.
Various types of poker can be played. Online card rooms offer different poker games which include Texas Hold’em, five-card draw, seven card stud and Omaha. You can play poker for fun or you can play it for real cash. There are games at all stake levels starting from $0.01 to no-limit games where you can wager as much as you like.
Real money games usually charge a rake of 5%. The rake is deducted from the winning pot. The rake charged charged varies with different poker sites. In addition to card rooms there are internet …
Delaware Launches Online Gambling
The state of Delaware released a newspaper article stating that it will legalise intrastate online gambling at the end of October 2013. Operators will now be able to offer casino games like video poker, slots, online poker and mobile gaming.
The Director of CardPlayer Vernon Kirk said, ”Presently we have our hands full because of the integration piece to our service provider, betting company 888 Holdings. It might take a while before the official game launch but we are working with other gaming companies to speed up the process.”
Kirk said that the state is currently in discussions with Nevada and New Jersey to offer poker schools to the residents of Delaware. Although Delaware has a relatively small population, online gambling could boost the state’s ailing economy and create additional employment.
According to Delaware’s Economic and Finance Advisory Council, online gambling can yield as much as $3.75 million in annual tax …
Mom Wins Big at Springbok Casino
South Africa’s number one gambling site, Springbok Casino recently paid out R99,314. The lucky player is Lucinda S. a lecturer from Cape Town. She won this amount playing her favorite slots Cleopatra’s Gold. This Real-Series video slots is one of many games that offers huge payouts.
Lucinda had the following to say about her magnificent win: ”’This is the first time I’ve ever won! I played at numerous other internet casinos for years and only managed small wins. The money will go towards my son’s tuition fees and the rest I’ll save.”
Mobile Gambling
Springbok Casino recently added mobile gambling to its platform. Cleopatra’s Gold, Coyote Cash, Goldbeard, Builder Beaver and Caesar’s Empire can now be played right from your iPhone, iPad or iPod. In its latest press release the casino says more mobile slot games added to its current gaming suite within the next couple of weeks. Players who wager …
Roxy Palace and Brightshare Fall From Grace
Roxy Palace and Brightshare affiliate programs have been making a lot of news of late, sadly for all the wrong reasons. Both these programs have been online for many years.
To be honest if someone told me a year ago that they would hit the skids I would have been very surprised indeed. For those of you who haven’t heard yet they have been rogued by GPWA, CAP and Affiliate Guard Dog.
Roxy Affiliates Downward Spiral
What exactly set the wheels in motion for Roxy Palace to be rogued? The affiliate program started closing affiliate accounts without notifying its affiliates. To top it all some affiliates have been promoting Roxy Palace for many years and would have at least deserved some form of courtesy send off.
In its original terms and conditions the program stated that affiliates will earn commission for ‘life’ on all players referred. This is not the case, here’s why. About …
Bovada Casino Trusted by US Players
The staff at Cassaon-casino just completed the casino review of Bovada. In the review we explore its pros and cons and why it is popular with players from the United States.
Licensing and Software
Although the online casino is not regulated by the U.S government it is licensed by the Kahnawake Gaming Commission in Canada. To wager at the site players must be 21 years or older.
The casino offers sports betting, poker, a casino and horse racing section and uses Realtime Gaming, Proprietary software and Betsoft to power its suite of games. Each software is unique and brings its own blend of games to the table. The software interface can be downloaded or played in the Instant Play. The latter version is also know as Flash.
Games
Bovada offers players a choice of 220 plus games. The majority of the games are slots but table games like baccarat, blackjack, …