Online Gambling Is Here To Stay

Not many people expected the online gambling industry to achieve the success that it has, but the industry has proved all naysayers wrong. This is in fact one of the most rapidly growing industries in the world today, and it encompasses a large number of countries. Surprisingly, online betting is also popular in countries where it is supposed to have been banned (the United States is case in point). People visit gambling sites in order to play games such as Tiki Island slots because this is a great way to win money from very small wagers and also to have a great deal of entertainment in the process.

Any one interested in learning about the current state of online gambling would do well to check out Statista, the Statistics portal. The figures released by this site are always very interesting because they contain data from a great many sources.

According to the data available on Statista, gross wins from online gambling globally were €20.01 billion in 2010. This figure includes revenues across a number of verticals including bingo, casino games, poker and sports betting. The online sports betting market was expected to swell to €28 billion in 2015.

While internet based gambling no doubt grew at a very fast pace, it still hasn’t been able to touch the levels achieved by land based gambling. The land based gambling industry was expected to net $317 billion by 2015. Needless to say, the largest chunk of this revenue was contributed by casinos in the United States. The gambling industry also makes immense contributions to various economies. For instance, the US economy gained $240 billion from this industry which also directly employs more than 700000 people.

The online gambling industry is a very important one because it has the ability to rejuvenate any economy from which it operates. This seemingly simple industry is actually very complex and it provides employment to large numbers of people from the marketing, legal, technical, financial and creative fields. The industry also generates substantial volumes of taxes which can be put to great use to help balance the budget.

Mobile gaming is the latest trend in the online gambling industry and it is very clear that it is here to stay. Many reliable studies have indicated that people are increasingly keen to abandon their PCs and laptops in favour of their smart phones. After all, the latest generation of phones is extremely sophisticated. The shift to mobile gaming has made this industry very popular with punters since it permits players to have their favourite entertainment at their fingertips. Besides, the latest mobile devices are very large and sophisticated, and this ensures that players can have a very enjoyable immersive experience.

The gambling industry needs to keep on introducing new technologies and techniques because this is what will ensure that customers keep coming back for more. A great deal of emphasis is also given to online security because companies require their customers to entrust them with personal and financial data.

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NetEnt To Launch Theme Park: Tickets of Fortune Slot Next Month

Fans of Net Entertainment slot games always have interesting games to look forward to (while they don’t give up on playing old favourites!) since the gaming software developer believes in releasing brand new titles on quite a regular basis. One of the latest games to hit online casinos is ‘Theme Park: Tickets of Fortune’ which is scheduled for a July 22nd release. This exciting new game will be available on NetEnt powered casinos such as EUCasino, 777 Casino, and Casino Cruise.

About the Game

Theme Park: Tickets of Fortune is a well designed slot game that possesses some of the best features of NetEnt games. This game has 5 reels and 50 bet lines, which should offer sufficient options for most gamblers. The game will load very quickly and play without any hiccoughs.

As the name indicates, the game is set in a bright and colourful theme park. The symbols used in the game borrow heavily from a carnival theme and they include a Swan Ride, bumper car, a helicopter ride, a carousel horse and entry tickets. The roller coaster symbol is actually a Wild.

The main game has two important features. The first is a claw which permits players to pick up prizes at random. The other is Stacked Wilds.

The game is excellent overall, but players will definitely note the lack of free spins which most slot games tend to have. People look forward to free spins so that they can gamble extra for the same wager amount! However, the game has more bonus rounds than most other slot games which should even things out to a large extent.

Players can get a ticket wheel when at least three scatters come on the reels. Players have to collect as many of these tickets as possible in order to spend on bonus games. The bonus game round is worth waiting for because it gives players the opportunity to choose from six games. These bonus games are Fishing Game, Skee Ball, Duck Shoot, Sledgehammer, Punch Ball, and Can Tower. They are all great fun to play and players will love their carnival theme.

However, each game has a cost associated with it and can only be paid for using the tickets that have been accumulated. In other words, players tend to select games based on the number of tickets they possess.

Net Entertainment slot games are known for their thrilling themes as well as high quality animation and sound effects, and this means that gamblers tend to choose casinos that feature these games. These games also tend to give out impressively high wins at a fairly regular pace, which is another major reason for their popularity with gamblers from different parts of the world. As a matter of fact, Tiki Island slots, one of the most popular games available on online casinos these days, is from this game developer. There is no doubt at all that people will love playing Theme Park: Tickets of Fortune as soon as it is available on the internet.

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Pennsylvania Online Gambling Bill Stalled Amidst Confusion

There were high hopes that the state of Pennsylvania would legalize online gambling as a result of HB 649 being passed into law, but this was not to be. In fact, there was a great deal of confusion on the issue, particularly because lawmakers had to consider two different pieces of legislation, both of which had bearings upon the issue of online gambling.

Tuesday’s session at the House of Representatives saw a vote on two amendments added to gaming bill HB 1925, but this was where the confusion was created. The first of these amendments was Rep. Mark Mustio’s A7622 which was concerned with online gaming as well as installing more video gaming terminals (VGT’s) at a number of non-casino locations. This amendment was soundly defeated 66-122, which was only to be expected since VGTs do not have much support in the Senate and are not backed by the powerful casino lobby.

The second amendment, Rep. John Payne’s much debated A7619, had almost the same components as the first one, but did not mention VGTs since it was a mirror of his pet project HB649. This amendment put up a better fight but went down 81-107. Interestingly, Payne had erroneously been listed as the author of the two amendments. In fact, he had even voted against A7622.

Many lawmakers seem to have been confused about the authorship and purpose of these amendments because several of them who championed VGTs actually voted against them. They went on to vote against Payne’s amendment as well with the expectation that their VGT bill would come up for consideration again. This at least turned out to be correct, because both amendments will now be considered at another date.

The question that arises from this issue is whether supporters of VGT will vote for the Payne amendment in case their amendment is defeated once again. However, the issue of VGTs isn’t the only one faced by the online gambling industry. There appears to be a great deal of confusion about the entire topic itself, especially its implications for the state. For instance, lawmakers had concerns about the use of credit cards to feed an online gambling addiction, seemingly unaware that Americans can easily use their cards to pay for gambling at any number of online sites operating from other jurisdictions. In fact, an increasing number of Americans are visiting these sites to play Double Bubble slots and other games from the comfort of their homes.

The supporters of online gambling have explained that one of the biggest reasons to legalize the industry is that regulation will provide better protection to gamblers than what they get at present. Furthermore, society as a whole will benefit thanks to increased tax collections. In other words, it is very important for government to be allowed into the picture since people are already participating in this activity.

Proponents of online gambling need to step up their activities in order to ensure that there is absolute clarity regarding the industry. This will go a long way to ensuring that they get a favorable resolution.

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Grand Ivy Stands Out as May’s Best Online Casino

The online gambling business is a tough one to be in simply because there is a great deal of competition here. Operators have to look for ways to stand out so that they can attract a steady stream of customers. Grand Ivy is a relatively new entrant to the online gambling space and it has been recognized as the best new online casino in the month of May. This is without doubt a remarkable achievement given that many gambling sites vie for this award.

The Grand Ivy Casino is popular with industry experts as well as players because it has a wide range of attractive features. The site, which has a very stylish look overall, is quite easy to use and it can also be played on mobile phones as well as PCs. Unlike many other sites, this casino can also be played on phones operating on Android, iOS, and Windows mobile phones which means that it can easily be played by large numbers of people.

A Wide Range Of Games

Grand Ivy boasts of an impressive array of casino and slot games sourced from a number of leading companies such as Net Entertainment as well as niche developers like 2 by 2 Games, WHG, Multi Commerce, and 1X2 Gaming. As a result, the site features games such as Tiki Island slots in addition to most of the popular jackpot games. It also has a very good selection of roulette games. If there is any area in which the site is lacking, it is its Live Casino section that offers only 5 tables.

Reliable

The company behind Grand Ivy places a lot of importance on the issue of security. After all, it is licensed to the UK Gambling Commission which has one of the highest standards in the gambling industry. The website makes use of the latest encryption software to ensure that all monetary transactions and personal information provided by players is kept safe. Furthermore, the site makes use of very good business practices which translates to a convenient playing experience, especially when it comes to depositing and withdrawing money. The company also offers customer support to players so that they can play without any hassles.

Attractive Bonus Offers

Anyone interested in trying out Grand Ivy casino before opening an account here and depositing money can register first to get 25 free spins. They can try their luck at a few games to see exactly how the site functions. Of course, most people who try out the site eventually choose to open accounts here. New deposits will attract a bonus of £1500 in addition to 100 free spins. The site also conducts a raffle every month in which lucky players stand to win a Mercedes Benz SLK.

It is fairly clear to see that the team behind Grand Ivy casino has put a great deal of thought into designing this online casino and the services it offers. The site will no doubt continue to attract customers while retaining its existing ones.

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The Main Aim of FSTA 2016 Summer Conference

The online gambling industry has attracted a lot of attention over the past decade. The industry has witnessed quantum growth both in terms of cash and user base. The influence of fantasy gambling has attracted players with superior skills as well as the first timers testing their luck. This being said, the industry tends to welcome players who plays the game with skills to earn money rather than those who tends to rely totally on luck. While the method of earning money through online gambling with games such as Tiki Island slot is much debated, the growing number of punters all over the world only suggests that acceptance of fantasy gambling.

There have been a lot of talks over the years for a body to safeguard the interest of the industry and its players. To uphold the legality and the integrity of fantasy sports, the fantasy sports Trade Association was formed. This association is similar to Pokers Players Alliance which has a mission to ensure that the rights of the poker players are always safeguarded. It is Needless to mention that formal associations such as these help any industry to become organized.

The Fantasy Sports Trade Association organizes two conferences in a year. It typically addresses the concerns and various viewpoints of the members of the association. The latest conference of the Fantasy Sports and Trade Association will be presented in Manhattan, New York on the 13th and 14th of June, 2016. The event would be hosted at the prestigious Crowne Plaza, Times Square. Over the span of 2 days, variety of topics related to the online fantasy Industry would be discussed. This being the first conference of the year, participants from all across the globe is expected to take part in it.

The main topic of discussion among various experts participating from all over the United States would be to understand the regulations faced by the fantasy sports industry across the United States. Experts will put forth their viewpoint about the legality of online betting. Bigger issues such as whether the association should be regulated and licensed by authorities or it should be developed as a body to protect the right of the fantasy sports player would be raised.

Since online money transaction through these games is rising at an alarming rate, many states are making it a law to legalise or ban online gambling in their jurisdiction. The crazy media frenzy by renowned media houses is not helping the cause of online fantasy games such as Tiki Island slot.

The gold and the platinum sponsors of FSTA conference, 2016 for this summer are DraftKings and Fantasy Alarm. These are considered to be the 2 most widely respected companies in the industry. Conference such as these can prove to be extremely beneficial for the industry. Not only the future of online fantasy games will become streamlined but the bottom line of various casino houses would be strengthened. Not to mention the players share of righteousness would be safeguarded by the association too.

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Congress Trains Guns On Online Gambling

The United States has always been a tough nut to crack for the online gambling industry. While iGaming is permitted in the United Kingdom, Australia, and many parts of Europe, it is banned by federal law in the US. The exceptions to this law are the states of Nevada, New Jersey and Delaware where it is allowed albeit in a limited form.

Online gambling operators see a faint ray of light thanks to the efforts of many states to ease the restrictions on online gambling by passing amendments to existing laws or bringing new laws into effect. However, it seems that Congress is seeking to take steps to override these laws, in what seems to be a major contravention of the tenets of the Ninth and Tenth Amendments. What makes this particularly galling is that Congress seems to be moving in this anti-iGaming direction at the command of an important GOP donor.

The online gambling industry is up in arms on account of a Senate Appropriations Report that has recently been amended by U.S. Sen. Lindsey Graham (R) to bring an end to all forms of online gambling taking place in the country. The newly introduced language in the bill will permit the federal government to override the laws passed by individual states to make internet based gambling legal so that it can be regulated properly.

It is interesting to note that the bill in question has been supported by many Republican members of Congress. However, the Las Vegas casino big wig Sheldon Adelson is believed to be the inspiration for this amendment. The billionaire casino owner, who is known to be a major donor to the Republican Party, has been campaigning for many years to prevent online gambling from being legalized.

It is easy to understand why Adelson is eager to ban internet based gambling. After all, his company runs casinos in Las Vegas, Macau and even Singapore. What is surprising is why Congress wants to get into this fight. After all, states that offer online gambling stand to earn a lot of tax revenues from this business and they will also ensure that their residents will not fall prey to illegally run gambling sites.

Most Americans might not have access to legally run internet gambling operations, but this does not prevent them from going online to bet on sports or play casino or slot games. In fact, Americans enjoy playing all the latest games such as Tiki Island slots. The problem is that they have to visit illegally run sites, some of which have criminal connections, and many of them lose money this way.

Congress does have a history of sneaking anti-gambling language into completely unrelated bills. This is actually a major issue since it deprives American gamblers from protection against badly run black market operations. Examples from other countries show that the industry works very well when it is properly regulated. There is also the major issue of whether Congress has the right to tell adult Americans how they should spend their money!

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German Online Sports Betting Laws Slammed

German laws on online sports betting have drawn the flak now from the European Union’s Court of justice. Various stakeholders of online sports betting including the bookmakers have always been highly critical of the laws being enforced by the German authorities to regulate the online sports betting. One of the vociferous critics of the German online sports regulators has been the European Union’s licensed bookmakers. They have accused the German online sports betting regulators of bringing arbitrary changes without considering the legal standing of the regulations.

Genesis of the Feud

Right from July 2012, the European Union’s licensed bookmakers have been pointing at the illegalities and the draconian nature of the Interstate agreement formulated to regulate online sports betting in Germany. The 2012 laws instituted by German authorities had made it compulsory for the online sports betting companies to apply and get the appropriate license to carry out the online betting activities, legally. One of the criticisms of the EU’s licensed online bookmakers is that a level playing field has not been provided to them in carrying out their activities as the state continued to exercise its monopoly over the online betting activities.

European Union’s Mandate

European Union explicitly seeks the member countries to establish a system of licensing that is not just fair but is also transparent. European Union’s online sports betting companies have pointed out to lacunae in this regard in the German online sports betting laws. Now as a major fillip to the stand of EU’s online bookmakers, the Court of Justice has given a ruling which has found fault with the German regulators of online sports betting. In no uncertain terms, the Court of Justice has criticised the licensing authorities of Germany of not relinquishing their monopoly over online sports betting activities. It has been pointed out by the Court of Justice that as per the guidelines of the EU to its members, it is paramount for the state to facilitate activities to promote free trade. EU’s clause on free trade includes trade conducted through the internet like offering online casino games like Tiki Island slot.

Other Contentious Issue

In a virtual reprimand to German online sports betting regulators, the Court of Justice has pointed out that though the licensing regime for online sports betting was introduced way back in 2012, as of now not even a single license has been issued. The ruling has exposed the lacunae in German online sports betting laws and questions are being asked on the need for existence of such laws which are barely implemented. Interestingly the German online sports betting authorities had put out twenty licenses for auction to online sports betting companies to see how things transpire, but apparently there has been no progress made on this front. This univocally has established that German online sports betting authorities have to revisit their priorities and bring out newer laws which would be more meaningful and fulfil their intended purpose.

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The Betting Industry is Set for Another Boom!

As betting online has its share of advantages, including the player enjoying anonymity and the easy access to games, men and women have been happily responding to this new form of betting with their overwhelming support in different parts of the world. Governmental support by way of legislations to legalize betting activities in the territory provides a major fillip to the industry in the region. Now on the anvil is the Gaming Board of Zimbabwe’s set of directives to help the people of the country to take up the betting activities without any restrictions. The laws which are likely to come into force, soon, has the potential to boost the online gambling activities further in Zimbabwe.

Allied Factors Helping Online Betting Activities

While the ease of betting online is drawing people in hordes to this activity, other technological advancements and initiatives of the governments have been contributing to the spurt in the online betting activities. One of the essentials for anyone to enjoy the online betting activities is a strong communication system. Online betting activities necessarily require a very good telephone network to succeed. The last decade in particular has seen a revolution in the internet speed which has further facilitated the growth of online activities. High speed internet connection has helped players to enjoy games like Tiki Island slot thoroughly as they are now able to get the maximum graphics on their screen to get the best visual effects. If improved internet technology has given an impetus to online activities, governmental rules further supplement the growth of the online industry.

Evolution of Betting Activities

Earlier it required a player to visit a casino to play Tiki Island slot game and to take part in any other betting activity. Subsequently, players were able to bet online from the casino premises. Now as various governments in different parts of the world, have made online betting legal, players are able to bet without any restriction from their homes and offices. Introduction of smartphones with Android application now enable people to use their phones for various activities including betting, online.

Fall Out of Online Betting Act

The legislations introduced to make online betting does not merely help the bettors to have a great time; it has resulted in the economy of the country to look-up with growth of many allied sectors. One such industry is the online news services. When the reporting of news- online- is perfect, timely and unbiased, users logging into the site is higher. Such news websites also are required to carry content which are relevant to the users. Once such info and content are provided, benefits like revenue from advertisements are bound to follow. Thus the online news broadcasting is one avenue which is open for start-ups to make good money. With betting now becoming common in more spheres of life, online news portals are likely to have a very good scope for growth and development, particularly in countries like Zimbabwe.

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Russian Region Considers Law To Penalise Online Gamblers

Tatarstan, a republic located within the central region of Russia, intends to take its fight against online gambling to an altogether new level. There are already federal laws in Russia against most types of online gambling, but it seems that the republic considers these laws not strong enough. Legislators in Tatarstan are debating a bill that will levy heavy fines on people who break the laws on internet based gambling. The quantum of punishment will vary according to the severity of the offence and can go all the way up to $300.

The bill proposed by Tatarstan to bring a halt to online gambling will fine not just gamblers themselves but also people who enable their children or wards to do so. The bill, very clearly, aims to move some part of the responsibility of illegal online gambling to the gamblers themselves. It goes without saying that the Russian government continues to target websites that offer forbidden online services to its citizens by blocking access to these sites. These online services include certain categories of pornography and not just gambling. Therefore, Russians are banned from playing popular games like Double Bubble slots that people enjoy all over the world.

Hefty Fines For Enabling Gambling

The Tatarstan legislation proposes fines that range from 10,000 roubles (around $150) to 20,000 roubles for people caught gambling on online casinos. In case the user is found to be a minor then the parent or guardian will get a fine ranging from 5000 to 10000 roubles as punishment for enabling them to gamble. Landlords who permit gambling from their premises will face a stiff fine of 150,000 roubles.

The proposed law has quite a bit of support in the Tatarstan State Council because online gambling is considered to be a major problem here. Rafil Nugumanov, one of the lawmakers who supported the bill said that gambling has resulted in many problems in society since it was very addictive. There are many instances of people who sank into financial problems as a result of gambling on illegal sites. Nugumanov pointed out that existing federal laws were insufficient to keep gambling under control which is why it was necessary to tackle the problem at the level of individual users.

Not Everyone Supports The Law

A section of anti gambling activists does not feel that the proposed Tatarstan law will amount to anything. In fact, they say that the existing laws in Russia is more than sufficient to keep gambling under control, especially since it is implemented very thoroughly. Gambling watchdogs in Russia are very effective at identifying illegal sites and their mirror sites and they also shut these sites down very quickly without even requiring a court order to do so. While site owners can easily dispute these actions in court, there haven’t been many instances of the actions being overturned because the law is very strict and comprehensive.

Russia had previously passed a law in 2013 that restricted the basic rights of people termed as gambling addicts. These people were compelled to have a guardian to oversee their assets.

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NYX Expands Into Italy With Eurobet Deal

While the online gambling industry is expanding at a very fast pace all over the world, it has been particularly successful in Europe. This is mainly on account of the progressive laws concerning online gambling through different European jurisdictions. In fact, many countries here have recognized the importance played by the internet in helping the industry develop, and therefore they have passed laws that made online gambling and sports betting legal.

Take Italy, for instance, where the legalization of online gambling in 2010 has enabled the industry to expand along the desired lines. Online gaming companies are eager to enter this market on account of its immense potential for business. Gamblers enjoy all the latest games such as Tiki Island slots and a wide variety of casino games without having to visit a land based casino. Since the market is well regulated, punters from Italy can gamble on well-managed sites without fear of falling victim to online scammers.

Las Vegas headquartered NYX Gaming Group Limited has just announced its intention to extend its reach in the Italian market. This has been brought about by a brand new deal with leading sports book operator Eurobet.it. Its expansion into the Italian market involves a deal to launch the digital casino content on the Game360 platform in collaboration with the well known Italian sports book operator. This tie up is in keeping with the industry’s trend for big mergers.

NYX Gaming already has a presence in 8 countries and it provides state of the art technology and content to a number of the best gambling operators in business today. The NYX portfolio includes more than 650 slots, lotteries, scratch cards, bingo, table games, and poker games. The company also has an impressively large distribution network; its products are used by more than 170 different customers.

The Eurobet Italia deal comes close on the heels of an agreement with another Italian company known as Sisal Group. Sisal is one of the top gaming companies in Italy and it is also the biggest provider of convenience payment services in the country. The company has immense experience in the gambling sector and has a head start over other companies thanks to its existence as a government licensee over the past 65 years.

It goes without saying that the tie up has been greeted with a great deal of enthusiasm from the parties concerned. Game360 general manager Andrea Guzzon said that the company’s portfolio could be of great help to Eurobet which is aiming to provide its Italian customers with the best and largest selection of slot games for desktop and mobile. It will also enable NYX to get the widest possible reach for its games in the extremely busy Italian market.

Eurobet’s head of gaming, Alfredo Melloni, echoed his sentiments, saying that the company was always eager to get new suppliers since this enabled it to expand its customer base. Eurobet customers would be very pleased to have access to casino games of all types in a secure gaming environment.

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