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10Sep/10Off

Online gambling in Mexico

Mexico put forth a law that prohibited the majority of gambling options in the country and it lasted for more than 50 years. There is a lot of money available to the countries that support it, over the years, but it has become more and more clear that gambling has its downside.

In Catholicism, the people of Mexico are deeply rooted. They do not allow it and the religion does not believe that gambling is a way that God would like His children to use money.

There was a lot of money available in gambling and casino games online, which Mexico could see, within its borders, and on the internet, online, the country eventually decided that they would allow some types of gambling to start business.

There are many countries around the world that held off on online casinos because of ethical issues, although, the internet gambling is clearly a profitable business.

For a sub 18 year old, it is easy enough to get onto the computer and masquerade as something that he or she is not. With people that are over 18 years old, there are likewise other issues too.

Of a poor individual who is not completely capable of making his or her own adult decisions, the online casino could seriously take advantage. With this, to have this avenue open up for the general public online, it is very dangerous.

In many countries, including Mexico, the gobs of money that are available have somehow overcome these ethical issues. Actually, the online lottery is one of the most famous forms of gambling in Mexico.

In Mexico, the online gambling scene has definitely provided more money. Within the bounds of another country, it is easy enough to break the law and gamble. Many countries are giving in, because of this and just deciding to take the profits for themselves.

4Sep/100

Casinos/Gambling – Gambling Revenue In Macau Surged in August

In China, the month of August 2010 saw a dramatic rise in the gambling revenue generated by Macau casino.

The month of August 2010 saw a dramatic rise in the gambling revenue generated by Macau casino in China. Currently, casino games are very popular in China.

There was a substantial 40% increase in August, compared to the revenue generated the same month a year earlier. Earlier in the year, the growth had slowed dramatically, compared to the heady pace that was seen in the year prior.

However, the 40% increase showed that the robust gambling center in China had clearly fully recovered from the down turn in business that was seen for the entire beginning of the year of 2009.

The second half of last year saw plenty of obstacles and problems to overcome. From a global economic down turn that plummeted many businesses both big and small, plus a swine flu outbreak that had the world panicked, as well as visa restrictions on gamblers that were on the mainland of China.

However, through all this Macau's casinos were able to shake off and make a huge rebound in spite of so many obstacles. There will most likely be an easing off of percentages rises for the rest of the year, as well as the growth slowing as well from the original 70% year to year growth rate.

27Jul/100

Massachusetts Gambling Bill update – Gambling

The University of Massachusetts Dartmouth Center investigated one of the projects, the Massachusetts gambling bill. Using funds received from national and state programs, the University investigates economic, social and other political developments.

In the Massachusetts house, they were responsible for promoting the gambling bill that would expand gambling in the state of Massachusetts.

The University of Massachusetts has a separate group for the program, called The Center for Policy Analysis, which is also paid for by the public. By using their students to work in programs, they like to translate their research into actual laws. They call these programs as applying research into actual existing programs.

For the University of Massachusetts, Governor Deval Patrick of Massachusetts seems to work. Of all the bizarre things, he is extremely influenced by their proposals and investigations. He threatened the House and the Senate of Massachusetts that he would veto any bill that he didn't like and told them that they needed to send him a bill that would expand gambling in Massachusetts. The University of Massachusetts’, the Center for Policy Analysis has influenced him.

Coming from Governor Patrick of Massachusetts, the following is the latest warnings reported on the Internet:

"As they work through their differences, they also know they're going to have to either get something to me that can support or they're going to have to send something to me with a veto proof margin. Now, we're not at the point of threatening veto because they're not at the point of agreement."

The stalemate in the House and Senate of Massachusetts was referred by Governor Patrick.

9Jul/100

New York still trying to put 4,500 slots at Aqueduct

Of three gambling companies that submitted bids on June 29th for the franchise rights to operate slot machines at the Aqueduct racetrack, two have been disqualified. The remaining company with an active bid, Genting New York, is a subsidiary of Genting Group of Kuala Lumpur, Malaysia.

The New York Lottery disqualified two bidders, Penn National Gaming and a combined proposal by SL Green Realty Corporation, Hard Rock Cafe International and Clairvest Group, because their proposals failed to comply with the terms of the bidding process. The Lottery said that both parties submitted “altered versions” that sought to rewrite the conditions set by the state in an effort to negotiate more favorable terms for their companies.

Penn National Gaming, for example, wanted to be able to terminate its lottery license after four consecutive unprofitable quarters. SL Green sought to sidestep the upfront licensing fee of $300 million by placing it in an escrow account until the state met certain of its conditions.

The New York Lottery will make a recommendation to Governor David A. Paterson and the New York State Legislature on August 3rd.

In 2001, the New York State Legislature approved the installation of 4,500 electronic slot machines, one of the most popular casino table games, at the Aqueduct Racetrack in Queens. Since 2001, New York has tried four times to choose a gambling operator for the Aqueduct “racino” project. A racino is a location featuring both a casino and a race track.

24Jun/10Off

The Excitement of Vegas with “Live Dealer Games”: Online Casinos

To make our lives easier by creating progress in fields such as medicine in transportation, advances in technology have always worked. However, in our free time, it is the things we choose to do that often see the most advancement.

A relatively new craze in the online casino world, live dealer games, allow you to play online while still having the benefit of seeing a live dealer deal your cards via webcam. Many players have been reluctant to play against a computer rather than a real person, while gambling may have made the jump to the web long ago. Most websites have offered some kind of assurance stating their online odds are legitimate, but players have never had the benefit of actually seeing any of the code written in to the program, and for some superstitious gamblers, not seeing is not believing.

More games are adopting the live-dealer methodology, even though that is all changing now. featuring live dealers, blackjack, roulette, baccarat, and sic bo have become widely popular games already, and there are even some instances of other games making the jump to the live-dealer methodology, including poker, the most popular betting game online!

To most players, the draw of live dealer games is the ability to experience the “best of both worlds” of gambling; from the comfort of their own home, they are able to play their favorite game, while still being assured that their odds are where they should be.

4Jun/10Off

East Coast Casinos Asian-American Gamblers Lured by Buffets

For the casinos and casino games in the mid-Atlantic states of Delaware, Pennsylvania and West Virginia, more gamblers mean more revenue. Casinos are making every effort to impress, in an effort to attract Asian-Americans to their establishments. They have been trying to cater to the tastes of Chinese, Japanese, Korean and other Asian-American groups in a number of ways.

On this segment of the gambling market that is known, hoping to capitalize, as a group, to have a propensity to gamble, the casinos have hired special consultants to help them market their product. They are printing promotional materials written in the different native Asian languages, new buffet items that are favorites of the Asian community are showing up on the menu and even are featuring TV channels in Chinese or Japanese.

To casino's bottom line, some sushi and some noodles just might be the answer.

Critics worry that casinos are targeting a specific group. At the expense of the Asian people, critics claim that casinos are practicing predatory marketing techniques. Clearly, everyone is free to make their own choice about whether or not to visit a casino. Frankly, the companies that target candy to children or alcohol to adults are more hideous than the marketing efforts of the casinos.

Everyone is looking for an edge, in the ever competitive, cutthroat casino business. To cater to an Asian market that likes to gamble, if renovating a buffet will increase revenue, then that is what will be done. Trying to stop such marketing efforts is nothing more than an exercise in futility.

4May/10Off

Addition of Slot Machines to Horse Tracks: Illinois State Lawmakers

Illinois State lawmakers are once again debating the addition of slot machines to horse tracks across the state, in an effort to fund proposed construction packages, including well known establishments such as Fairmount Park and Arlington Park.

To drive up funds for construction and improvements to existing facilities, the incentive is being heavily pushed by the horse racing industry. To the existing casino industry, additions of video poker machines, internet betting and slot machines in venues that exist solely for gambling of an alternate format pose a threat, which reportedly is suffering a significant decrease in revenue as it stands. Illinois State Rep. Will Burns (D-Chicago) has sponsored the bill in the House, and it has garnered bi-partisan support thus far. Suggesting that a blow to the already wounded sect of vice-based economy would actually drive the state's profits down in the long term, the majority of the proposal's detractors are on the side of the casinos.

Proponents of the bill both civilian and lawmaker have repeatedly made note of the concept of free market. To compete fairly in the gambling industry, the belief that casinos are shirking their duty has caused some to advocate the extra machines due to simple economic principles as opposed to the estimated $100,000,000 per year that the bill's sponsor has indicated as a realistic possibility. It should be noted that the horse racing industry has advocated for this legislation previously and failed, therefore only time will tell if the proposed additions will prevail.