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save this post as PDF Video poker first made its entry in the casinos during the 1970s; today it’s one of the most popular forms of gambling both online and down the Vegas strip. For the player who like a game of skill, a low house edge, the possibility of large wins, and the anonymity of playing alone there is nothing else that can compare to video poker. In addition, you can also switch your bet from $0.25 to $5 a game without changing to another machine!
There are many variations of the game each with its own particular strategy but in general, the rules of video poker are simple; you play with 1 to 5 coins, the machine give you five cards, you choose which to hold and which to discard, the machine replaces your discards and pays you off according to the value of your hand. (more…)
save this post as PDF With the recent growth of the online gambling industry in europe, online casino operators are now under pressure to commit to the recent licensing jurisdictions as the stress on proper regulation increases following the recent presentations at EiG (European iGaming) Expo in Barcelona.
As online gamblers and operator’s battle through legal complexities in the US, competition across Europe is great as operators are paying more attention to this blossoming region. The need for acceptable standards and licensing have never been stronger, says Andrew Beveridge, CEO of eCOGRA (eCommerce and Online Gaming Regulation and Assurance).
The “white list” has been published in the UK and is leading the way forward, and is providing inspiration for online gambling companies to comply with the licensing jurisdictions. And as an independent online gambling regulator eCOGRA have provided a working stage for the jurisdictions.
eCOGRA has invested over $3 million to lay the groundwork for most jurisdictional requirements including the areas of game fairness, customer service, responsible gambling, management integrity, operational efficiency and accounting best practice.
“We’re aware that there are inter-nation and perhaps political difficulties in reaching a harmonized form of detailed international standards and regulations among national licensing jurisdictions,” said Beveridge at the Barcelona conference.
“But the main prize is surely a safe and fair online gambling environment for the players? That is our goal in promoting practical standards on which we can all agree and the inspection and monitoring necessary to ensure compliance.”
save this post as PDF Online gambling giants, Absolute, have been engulfed in a serious cheating scandal after news surfaced that the Kahnawake Gaming Commission asked testing company Gaming Associates an audit of all activities on Absolute Poker during the period the alleged cheating took place.
The Gaming Associates would not comment on the scandal but did confirm that they would be auditing Absolute Poker.
The concerns have been circulating on poker messageboards for the past few weeks and footage of the scammer, “POTRIPPER”, winning a $1000 buy-in tournament have made it onto YouTube. Unfortunately this Video is not available now for some reason.
Absolute Poker players had voiced concerns when one player, with an unpredictable style had started winning tournaments and large amounts in cash games. Some posters on the forums have even said that the player seemed to know what cards everyone at the table were holding and never made a wrong move.
When Absolute customers requested their hand histories to analyse play, they received sensitive information by mistake. The information included the emails and IP addresses of the players. One of the IP addresses was claimed to have been traced back to an Absolute Poker domain.
There has been no confirmation that the player is connected to the management and Absolute has denied of any wrongdoing but will help with the investigation.
save this post as PDF “Studies don’t do much,” Frank is quoted as saying in the Journal. “What’s to study? Whether or not I should be able to make my own bet with my own money?”
Berkley and Jon Porter, both Nevada representatives, introduced the bill in June which calls for a one-year study of the Internet gambling industry by the National Academy of Sciences in order to identify the proper response of the United States to the growth of Internet gambling.
The bill has 64 cosponsors, in comparison to Frank’s bill which has garnered 38 cosponsors so far. Despite his own thoughts on a study, Frank is one of those cosponsors.
Frank’s bill seeks to overturn the Unlawful Internet Gambling and Enforcement Act that was passed into law in 2006, by enacting his bill which will legalize and create a regulation and licensing process for online gambling companies wanting to do business in the United States.
Frank’s bill would help bring the United States back in line with its World Trade Organization obligations as well. Currently the nation is in violation of them; the WTO has ruled more than once that the United States is contravening trade agreements with its ban on online gambling.
Instead of changing federal law to come into compliance, however, the United States is choosing to face the penalties for breaking the agreement and is working to alter its WTO agreements to exclude online gambling.
Those penalties may add up to big money being taken from the United States. Antigua and Barbuda, which initiated the case with the WTO, is asking for $3.4 billion in compensation for the loss of the U.S. online gambling market.
The tiny island nation was a major hub for several online gambling companies with customers in the United States. The $3.4 billion is only its first claim against the U.S. for violating trade agreements. It can also seek compensation if the U.S. changes its WTO agreements.
To get that compensation, Antigua and Barbuda has submitted for the WTO’s approval a plan to ignore U.S. copyrights, which would allow them to duplicate software, movies, music and more from U.S. companies.
Even if Antigua and Barbuda is granted the billions of dollars in compensation, Frank says in the Las Vegas Journal that it wouldn’t have a significant impact on the U.S. Internet gambling ban. (more…)
save this post as PDF Although Lee won millions of dollars at the WSOP, News 4 WOAI is reporting that the famous San Antonio resident is now facing serious charges related to gambling.
Police confirmed to the TV station that the district attorney filed charges against Lee for promoting gambling. (more…)
save this post as PDF The recent EiG conference held in Barcelona was chosen as the venue for the launch of the new eCOGRA, GamCare and the Remote Gambling Association’s (RGA) responsible gambling code – an initiative to set a minimum set of standards for the global gaming industry, including online bingo.
The idea behind the new code is to enhance protection for players throughout the industry. Many jurisdictions around the world already provide comprehensive sets of standards, but the new code is hoped to provide greater clarity in the pursuit of responsible gaming throughout the global industry. (more…)
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