Article by Ajeet Khurana

Online gambling is a topic that sets most countries and their legislature on edge. Most countries don’t know what to do with online gambling, or the kasino, as it is known in Finland. In Finland they have done what many countries have been unable to do, and that is having it be completely unregulated. Finland is on the opposite end of the spectrum from France and Denmark and even surpasses the United Kingdom in its liberal laws.

The Finland Kasino

Many people look at the United Kingdom as the ideal when it comes to online gambling, but many people think that they way that Finland handles the kasino makes more sense. Why not just allow for people to go out and do what they want to do online and not worry about it?

It is really difficult for a government to control what their citizens are doing when they are online and when you ban something that is on the computer it is very difficult to control. Many countries are learning that is costs more to prohibit the kasino than it does to allow it to go on completely legally.

Finland has found that its citizens enjoy the kasino and they don’t see any reason for it to stop being in existence. Finns are known to spend more than 50 million annually on the kasino, and yet some studies suggest that they have lower incidents of gambling addictions than some other countries where online gambling is not allowed at all.

Having legal access to the kasino makes a lot of people much less likely to over indulge because they know that it is there when they want to play and they don’t have to break the law to play either!

While Finland has let things go completely unregulated until now, there has been some noise made about them charging some sort of kasino tax. No one knows for sure how this will work exactly, but many other countries, such as the United Kingdom and Italy actually charge casinos a 3% tax and they are able to make millions each year off of the kasino.

This makes sense as it will allow the Finns to pump money back into their government and into their economy while the people do what they are going to do.

Many people wonder why it took Finland so long to figure out that they could actually make money on their unregulated kasino laws. They could have been making a lot of money all along, but they were happy just to be hands off and not have all of the headaches that other countries have in regards to their gambling laws, bans, and prohibited game play.

As one of the most liberal countries where online gambling is concerned, it should be interesting to see how they evolve over the years and how many other countries follow in their footsteps when they see that it is much more profitable and easier to do business this way.

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Article by manoj kumar

The answer is, yes and no. Currently, the law stipulates that online gambling is illegal, but given the fact that most online casinos continue to operate unfettered, it might seem that it is in fact legal to run an online betting or casino business.

What forms of gambling are available online? Well, you can play poker and other card games, you can bet on sports, or you can play games of chance, such as roulette, craps, etc.

Betting on sports seems like a perfectly legitimate form of online betting – the computer does not control who wins a pro football game. Games of chance should probably be prohibited. A computerized roulette wheel can easily be fixed, resulting in a few winning bets, but enough losing spins to insure the house wins.

So, of these activities, which ones are legal? According to the Wire Wager Act, betting on sports is the only form of online wagering that is illegal. The Wire Wager Act reads as follows:

“Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers, or information assisting in the placement of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years or both.”

This means that it is illegal for American based internet companies to accept bets on sports or other “contests.” However, most online gambling enterprises have moved their operations offshore to countries in Central America and other countries around the world. It is common for most of these companies to be incorporated in places like Antigua or the Caribbean islands. PartyPoker, the most popular website for playing poker for money online, is licensed and regulated by the Government of Gibraltar.

Online sportsbooks, often run by Americans offshore, still accept bets from Americans, and this is where the problem arises. Americans are the biggest betters, and most of the income stream for online sports betting comes from American wagers. These companies usually provide wire instructions to the gamblers so that the player can wire money into a pre-funded betting account before they can begin wagering.

So, the question is, is it legal for an offshore company to run their business offshore but still accept bets from the United States, where online sports betting is technically illegal? Yes and no. Theoretically it is illegal, but it is very difficult to compel an online sports betting service to shut itself down if they operate under the laws of a foreign government where it is legal.

It is been very difficult for the Department of Justice to enforce the Wire Wager Act when it comes to offshore companies, and the offshore betting business continues to get bigger and bigger. In 1998, the sum total of all internet wagers was estimated at 0 million, and has grown by 10 or more times that between then and the year 2006.

The Wire Wager Act was upheld when the U.S. Supreme Court, during 2001 and 2002, refused to review the conviction of Jay Cohen, who had been running an internet sportsbook based in Antigua. And, even though the Department of Justice has said in recent years that that the Wire Wager Act also declares online casino games, not just sports betting, to be illegal, the Federal Appeals Court has ruled that that interpretation is not correct.

However, in July of 2006, everything changed. On a vote of 317-93, the U.S. House of Representatives voted to ban financial payments to offshore casinos as part of the The Unlawful Internet Gambling Enforcement Act of 2006 H.R. 4411. The legislation also compels banks and credit card companies to cut off payments to the estimated 2,300 gambling sites located outside of U.S. jurisdiction. This legislation bans all forms of internet gambling, including card games and sportsbetting.

Ultimately, the U.S. Government is just trying to protect betters from getting screwed by online casinos that accept bets over the internet but do not pay out when someone wins. However, it does not seem fair to allow major casinos that operate in Las Vegas and Atlantic City to have a monopoly on the betting industry.

Online casinos and sports betting over the internet should be permitted. The United States simply needs to implement a system whereby the online casino industry is regulated, making it mandatory for these companies to disclose the details of their operations and apply for a casino or sportsbook license.

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Article by Jamie Hanson

Sports betting is an enjoyable pastime for many and even a profession for some. This form of gambling is very competitive and there is a lot of money to be made. The traditional method of sports betting is done at the site of the game. Betting was once done through on-site bookies that were not known to be the most honest people around. This added an additional risk factor that is nonexistent in online sports betting. Soon, advances in communication techniques allowed people to bet from far away with the use of the telegraph and telephone. Gambling offsite became a tremendous inclination for people placing bets. Now it has been taken one step further with internet technologies. Online gambling and sports betting have taken off in recent years as people have grasped the benefits.

The first and most prevalent advantage to betting online is the speed at which bets can be placed, changed and cashed in. You can follow developments in the sporting event live as they actually occur. The convenience of online gambling is a huge draw for many as well. You could be sitting in your home in New York betting on a race going on in Los Angeles or even on the other side of the world. You can easily and quickly check the odds, current spreads and place your wager. All bets are electronically transferred through a secure connection if the webpage begins with “https” rather than simply “http.”

With sports betting or any form of online gambling, rest assured that your money is safe on the secure network as long as you choose a reputable site to bet through. No more bookies trying to extort your earnings or jostling with crowds. You can change and increase your bets or cash them in over the internet the same way as if you were actually at the event without the stress of actually being there. You could be absolutely anywhere, from vacation to a business trip, and still place your bets and make your winnings on your favorite sports teams.

The fact that you can place safe, secure bets online is an innovation that is taking the gambling world by storm. As people comprehend the benefits of placing wagers away from the physical site of the sporting event and begin utilizing them, the popularity of online gambling continues to grow. You benefit from the many advantages as well by signing up with a sports betting website today!

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bit.ly – Afree $50 starting capital from world’s largest Poker School – Join & try poker without risking your own money! NO deposit required, check it out! Not open for US players. For US players free $50 please visit bit.ly . Also open to everyone else worldwide. The tour had its debut season in the latter part of 2002 and early part of 2003, climaxing with the WPT Championship in April 2003 at the Bellagio in Las Vegas, Nevada. The first season aired on the Travel Channel on American cable television in the spring of 2003. The show made its network debut on February 1, 2004 on NBC with a special “Battle Of Champions” tournament, which aired against CBS coverage of the Super Bowl XXXVIII pre-game show. The Travel Channel aired the first five seasons of the Tour. In April 2007, WPTE announced that the series would move to GSN for its sixth season in the spring of 2008.[2] The first WPT tournament to air on GSN, the Mirage Poker Showdown, debuted on March 24, 2008. In July 2008, WPTE announced that the series would move to Fox Sports Net for its seventh season. The World Poker Tour is a collection of Texas hold ‘em poker tournaments held internationally, but mainly in the United States. The television show and the broadcasts of the World Series of Poker have led to a boom in the table game across American homes, in local casino poker rooms and online. The key sponsors of the tour are casinos and online poker sites. The show, which is syndicated internationally, is co …

Article by Michael Finhaber

Last week, Poland’s President Lech Kaczynski signed a bill limiting all land-based gambling in Poland to licensed casinos, and banning slot machines in all non-casino venues. The bill also outlaws the marketing and advertising of gambling in the country, though it does not address sponsorship of Polish sports teams by online sportsbooks. Many of Poland’s top football teams are supported financially by foreign-based sportsbook operators, and their jerseys bear the logos and embalms of these companies.

Discussion is about to begin on a new draft legislation that would introduce further changes to Polish gambling laws. The proposed legislation would place severe restrictions on online gambling in the country, and would also place a ban on the sponsorship of Poland’s sports teams by companies in the e-gaming industry.

Under the proposed legislation it will still be legal to bet on sports in Poland, but Polish teams would not be allowed to wear shirts advertising online sportsbooks. Naturally, the thought of losing this lucrative source of sponsorship has Polish teams alarmed. Online gambling sponsorships of Polish sports teams currently amounts to approximately 50 million Polish zloties (.2 million) annually. This new legislation would be devastating to the teams that receive this money.

Sponsorship of European football clubs by online sportsbook operators is becoming more and more common. For example, by early 2010 France will open its doors to the world of online gambling, and Ligue 1 clubs Lyon and Marseille will start wearing shirts carrying the logo of a major European sportsbook starting in January. Other countries have taken the opposite route: online sportsbook sponsorship of teams in Russia and Ukraine is currently illegal, and Portugal’s football league recently lost its sportsbook sponsorship after the country’s state-controlled gambling operator won a battle in court.

This proposed legislation in Poland is still preliminary, and the outcome could go either way. The proposed changes are certain to bring up a lot of arguments from both sides. There is no estimation on when a decision will be made.

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Article by wmhaven1

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If you are just beginning to appreciate the world of online gambling, you would surely wonder if such gaming platform is safe and secure. But first of all, you must realize that the online gaming industry is a fairly new area of activity on the Internet. Back in the 1990′s, when the first gaming websites were introduced, there were only a handful of organizations tasked to police the Web against unscrupulous enterprises. Putting money on online betting sites was indeed a very risky endeavor. Many gamblers lost money on the Internet not because the odds did not go in their favor but rather because the system itself had flaws.

But that was all before huge advancements in Internet security were applied by gambling site owners. Now, it can be said that there are more safety measures that make online gaming a lot safer. And when it comes to casinos and sportsbooking, you can rest assured that the big sites work hard and invest considerable amounts of money to make their systems work more efficiently and safe against hackers. Today’s online casino operators cannot afford to ruin their reputation and risk losing members and big money. Besides, the competition has grown tighter as more gambling companies establish their presence online. Players can easily switch to other gaming sites that are more secure.

Still, you do not want to risk gambling on the wrong site. Always make it a point to play only at websites that are properly licensed. Trustworthy sites will make their licensing information easily visible to players. As to licenses, you should know that not all certifications are issued by the national governments of the countries where the online gaming sites operate from. Some licenses are issued by well recognized online casino or gaming authorities. One of the most renowned non-profit organizations that oversee online games and protect both players and operators is the e-Commerce Online Gambling Regulation and Assurance, or better known in the industry as eCOGRA. If you see this organization’s seal, you are assured that the site can be trusted.

In the end, if you want to ensure your safety while gambling online, you need to look at your gaming or betting habits. No amount of online security systems can protect you if you senselessly put your money on the table. In other words, if you want to be safe, you first need to have an unshakable discipline on your part.</div>

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Hangin’ on the ION Purple Carpet with Camryn Manheim at the Bicycle Casino during the Legends of Poker Celebrity Invitational