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2011      May 29

The Upsides Of Online Casinos In Comparison To Traditional Casinos

Casinos and gambling have been big business for several decades especially in the big gambling cities like Monaco, Las Vegas and Atlantic City. Nevertheless, recently the casino market has undergone some huge changes. There is now a presence of a vast number of online casinos. These have proven to be very popular with lots of people around the globe for their easy access and the fact that you can play online against people from all over the Globe. Playing on online casinos is not something which should be taken lightly though. Gambling can be dangerous at the best of times but when you are playing online it can often feel like the money is not real so you have to be extra careful. If you adhere to the old rule of never betting more than you can afford to lose though you really can have a good deal of fun on these websites.

Most US casino sites have all of the normal games you can find in the actual casinos. It’s possible to play craps, roulette, black jack, slots, baccarat and probably the most popular today poker. The beauty of the online casinos is you can literally use whenever and wherever you want, meaning you can enjoy all of the various games from the comfort of your own home, when you are on holiday or even if you travelling by train or car somewhere.

As with any pastime that involves you spending money it is very important you know what you are doing before you indulge. To assist you with this there are lots of websites available to you that offer training on casino basics. These sites will guide you through the basic rules and strategies that are involved with each individual game. It is wise to study these thoroughly before you begin to play to ensure that you do not lose money stupidly. Most of these sites are completely free so be sure to take advantage of as many of them as you possibly can before you start to gamble with your actual money. By doing this you can be sure that you are well versed in all of the rules before you begin.

Once you feel that you are prepared to start gambling for real you need to find a good site to use. As the online casino market is such a competitive one you will be presented with a vast number of different options. Most if the sites offer a variety of online casino offers to try and lure you in to use their site. You should definitely shop around thoroughly before you make your choice to guarantee that you are getting the very best offer. A lot of them will offer you some money to gamble with. They will generally match the amount that you put in with the same figure. So if you deposit 200 Dollars they will give you another 200 Dollars to gamble with and so on. It is even possible to have a number of different accounts so that you can take advantage of a variety of different online casino site offers. If you are clever about it you could do quite well from the offers.

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2011      May 29

Is The Department Of Justice Winning The Battle Or The War Of The Unlawful Internet Gambling Enforcement Act Of 2006

Many in the internet gaming industry were falsely led to believe that the The Unlawful Internet Gambling Enforcement Act of 2006 was all bark and no bite. Since then the department of justice has begun to take a bite out of the industry. It all begun with the seizure of Ewalletexpress, then the take over of banks in New York State and Washington State followed by seizures of Citadel Commerce and GlobalATM. Now the online gaming industry is concerned the department of justice is serious about enforcing the Gambling act.

In November 2010, Ewalletexpress had their funds and accounts seized by the United States Government as part of a confidential investigation. They announced that currently they have began negotiating with the government about getting their funds back. Presently eWalletXpress is still unable to access these funds or send them back to the players because the money is still not in their custody or control. This means several Online players and online gambling sites have had their money tied up for over six months with no end in sight. Online players are furious with both the Department Of Justice and Ewalletexpress.

The seizures of the bank’s in New York and Washington State are a bit of a different story. In Washington State an $8 Million Poker Fund was Seized. A number of payment processors involved, including Arrow Checks, Secure Money, Etegrity Processing, Anaya Trading Solutions and Blue Lake Capital Management. They were found to be in violation of the Federal Wire Act of 1961 because internet gambling is outlawed in the state of Washington. This varies greatly from other seizures becuase it wasn’t a direct result of the The Unlawful Internet Gambling Enforcement Act. Same thing in New York, Allied Systems and Account Services found their assets seized also. Their owner was fortunate enough to work out a settlement for just under half the seized funds and then left the country. Again where does this leave the online players and their money. In a hopeless situation is the answer.

Next are the seizures of Citadel Commerce and GlobalATM. Citadel Commerce had their funds seized back in 2007 by the Department Of Justice. It unclear just what has happened in this case and if the online players ever received their money back. Recently, GlobalATM or ECHECK, an online payment processor, is now offline and is unable to be contacted. Its a mystery just what exactly happened if the Department Of Justice seized them or they just closed their doors. Either way many internet gamblers recieved checks that bounced and had to find other ways to obtain their funds if they could get them at all.

It’s easy to see from above that the department of justice is starting to win many battles and possibly the war of The Unlawful Internet Gambling Enforcement Act. The gambling industry does not realize the war has begun and this is why their losing so many battles. Online US Casino Sites and US Poker players could be challenged to find fund processors very soon.

  Posted by admin in Casino News and Articles
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