European companies that want to expand into new markets consider the South American online gambling to be a ripe target. The only problem at the point is that South American countries have conflicting and confusing internet gambling policies. For example, Argentina consists of 23 autonomous regions which have 23 different online gambling legislation and regulations in place. Another problem is a shortage of understandable federal legislation. However, whereas the country’s online gambling legislation is in the works still, Argentina wants to legalize internet gambling in the region.

It is quite a big move forward for the region that has uncertain regulations with regard to online casino gambling at present. The recently planned legislation wouldn’t only provide Buenos Aires a clear position on online gambling, but would then let foreign internet casinos operate on the Argentinean gambling market.

Bwin tried to offer forms of online gambling in Argentina beforehand but the country’s restrictions has made the company postpone operations in the region till the issue is settled. And although Bwin has faced several problems from the direction of the regional authorities, some other internet casinos are already moving into the regional market. For example, the 888 Holdings Plc and Victor Chandler already offer online betting and casino services in Argentina.

At the present, the new legislation seems to allow online betting purposely, and a regional online lottery. Preliminary reports consider that the Intralot internet casino gambling group could get the first license to operate online betting in the country.

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The US House Financial Services Committee will hold a markup of legislation with the purpose to halt regulations preventing banks from accepting payments from online gambling companies. This comes as a part of two-part strategy of Congressman Barney Frank, chairman of the US House Committee on the Judiciary, to regulate sooner than ban online gambling.

Barney is making attempts to hold on the 2006 law (UIGEA) that orders the Federal Reserve and the Treasury Department to draft regulations that could prevent financial institutions from depositing and withdrawal funds from internet-based gambling sites. This issue has been opposed by the online casino gambling industry, which has been arguing continually the federal government has no reason to outlaw completely internet gambling.

This has also been supported by banks and credit unions, including their regulators: the Treasury and Federal Reserve, according to which the current law is too indistinct.

Floyd Stoner, chief lobbyist at the American Bankers Association says, “We want to be sure that the regulations aren’t overly burdensome and they are workable. At the moment they are both.”

John Pappas, executive director of the Poker Players’ Alliance, considers that winning congressional backing for a delay of the UIGEA already registered would be a significant first step. According to Pappas, the UIGEA was extremely failed public policy. He notes that online poker isn’t going away, thus, the problem is what the responsible role of the government in regulating and licensing internet-based poker is.”

Even the first step isn’t simple.
In the end, Frank is eager to replace the UIGEA completely, with a new law which could regulate online gambling.

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Nobody could bring into question the fact that online gambling is boom on the web over past recent years. A lot of countries have made the decision to change their anti casino gambling laws and displace them with gambling regulation. With regard to the recent events, Ireland seems to be choosing a regulated casino gambling on the internet.

Dermot Ahern, the new Minister for Justice, Equity and Law Reform, has stated that the laws that concern casino gambling which have been in force till present days have passed their expiration date. Nevertheless, Ahern isn’t going to act too speedily, because he believes that first it is necessary to consult with the community and work out a cross-party agreement.

Ahern’s suggestions concerning the potential gambling law reform are in sharp contrast to the views of the former Minister, Michael McDowell. The last thought that all the sites that provide casino gambling activities for Ireland citizens (for example, online Blackjack or Roulette, of which there’re as many as 50) must be closed down straight away. Ahern states that it is currently becoming impossible to prohibit online casino gambling sites completely. So, proper regulation of online gambling is a need and the fairest solution. Ahern’s views are thought to be very close to Barney Frank’s views concerning the UIGEA.

A Casino Regulatory Committee appointed by the former Minister McDowell has already made a thorough report on internet casino gambling. Ahern has assured that this report will be released in a little while, but plans concerning the regulation of casino gambling have not been made yet.

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Playtech is sure to be one of the fastest increasing online casino software providers among the software development companies. Playtech has tough competition in the gambling industry in the side of the two best software providers, CryptoLogic and Microgaming. These companies have kept the top two places in the world’s gaming development industry for a long time, but since more internet casinos have started licensing the gaming platform from Playtech, there are 3 foremost players in this industry. Though Microgaming and CryptoLogic have some of the most profitable licenses for exclusive products (for example, Microgaming has the Tomb Raider games), Playtech has gradually created a reputation for high quality pioneering games. In addition the company has secured several exclusive gaming names.

Recently Playtech has released the two new gaming casino slots names which will certainly appeal to numerous licensed gambling websites. Frequent releases of games are the symbol of a first-class software developer. Online players are always seeking games with the most up-to-date graphics, up-to-the-minute technology and profitable bonuses. The 2 new games from the company excel in all these three areas; the themes engage a Native American themed slot machines title plus a Silent Samurai game.

These games are video slots which will be launched at Europa Casino before ultimately launching it into all the Playtech online casinos. You will visit a Shaman on the Wild Spirit in the game under the Native American them and defeat assassins and ninjas in the Silent Samurai game. In both games there’s something that will attract all enthusiastic slots players. Every game offers an exclusive bonus round allowing players to earn extra prizes and add money to their winnings.

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Recently BestOCG.com has conducted a new study that revealed that as much as 15 per cent of the owners of internet casinos conceal criminal records. This staggering news is a heavy blow to the gambling industry following some surges of poor publicity from antigambling groups.

In the majority of industries, if somebody intends to establish a new company, its potential owner is required to prove that he has a clean record. As for the online casino industry, general practices and standards are so frequently altered that often nobody notices such things.

The above mentioned research was conducted by Juan Manuel, Professor and expert in the business development, and a graduate from Universidad del Itsmo of Guatemala. The study was financed by BestOCG.com. Manuel performed thorough research on the histories of many internet casino owners. About 120 owners of different online casinos were analyzed, and the results of the study surprised a lot of people.

The results of the research have come out at a critical time for the online casino gambling industry in the common opinion. That is why many in the online gambling industry are holding their breath because some illegitimate jurisdictions will reassess their attitude towards internet gambling, including the USA, some of the EU member states, and South Africa. So far, the United Kingdom remains the leader in the online casino gambling industry. It sets the standards for professional casino operations, it also stands in great contrast with others that either hold monopoly to control internet casino gambling, or have absolutely prohibited the gambling activity.

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When you decide to take part in an online casino tournament, you are likely to find slots tournaments rather than any other casino game. But if your favorite online casino does not provide anything but slot machines tourneys, it does not mean that there are not any Video Poker, Blackjack or Roulette tournaments on the Internet.

Let’s speak about Roulette tournaments. This sort of tournaments can be one of the most intense and competitive competitions out there. Because roulette is a very popular casino game in Europe and in the UK particularly, exactly the UK casinos usually offer Roulette tournaments. It isn’t surprising then, that Cryptologic (Wagerlogic) Software that is based in the UK is likely to have the most internet casino licensees holding a number of grand roulette tournaments.

In June, there will continue some big roulette tournaments at Cryptologic powered online casinos (Cryptologic does not let the US players in). The European Cup Special is taking place in VIP Casino. It’s a small multiplayer European Roulette tournament with a US$20 buy-in. It works the following way: after having made the buy-in, every player gets $1,000 in free chips in order to earn as much money as they can in 30 minutes at the Roulette table.

Besides this month the daily online roulette tournaments start at Littlewoods Casino also powered by Cryptologic. Like the above mentioned tournament, Littlewoods tournaments portion 15 minutes to make as much winnings as players can. And then, at the end of the day, the player with the highest score wins from £250 to £1,000. It is starting on 21June, 2008.
Also search for big online roulette tournaments at InterCasino.

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King Solomon’s, one of the oldest and highly regarded casinos on the internet, is celebrating its 10th anniversary in June. Celebrating its long and successful history in gambling business, the online casino is going to hold a one-off Mega Draw and a lot of special promotions.

King Solomon’s designed a new-fangled anniversary edition of the casino in order to display rich history and anniversary promotions of the internet casino. The historical section lets users see the technological and visual changes made to the casino site since its launching into the gambling industry in 1998. Visitors also can see its array of banners and logos. There everybody can find a list of the biggest winners of the casino for the past ten years, and also a trivia section, which contains small titbits of information concerning the internet casino success.

Petros Papadopoulos, the Customer Relations Manager of the internet casino, notes that new users have always been able to register at the site easily, and due to their loyalty King Solomon’s has been still a success. He said there is something special at King Solomon’s that customers can trust. They expect that the next 10 years will also be very successful.

One of the largest promotions of King Solomon’s for its 10th anniversary is the Mega Draw of a Mini Cooper. Alongside to this promotion, the online casino is providing lots of smaller prizes over ten prize draws, including the latest Nintendo Wii and the new digital camera Sony DSCW90.

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It didn’t make worldwide headlines, however the latest arrests in Kuala Lumpur are surely staggering. Some weeks ago two persons who were spending their vacations in Turkey were arrested on a charge of their online casino gambling industry involvement. The latest arrests are made for the similar reason. Some Victor Chandler employees are being arrested in Kuala Lumpur at present since the government of Malaysia investigates the internet casinos involvement in taking online gaming into the country. However, the alarming thing is that the global mass media failed to report on the matter, and Victor Chandler hasn’t released a statement for press regarding the incident.

Internet casino gambling remains unlawful in the majority of regions worldwide. In spite of the fact that European countries and some of South American ones have greeted online gambling warmly, the greater part of the South Pacific region restricts the online casinos, and sometimes traditional gambling is banned as well. As regards this case, Phil Hall, Victor Chandler’s PR representative, gave his comments on the matter; he said that they use the Malaysian offices as “an IT center, a customer service center,” and they haven’t ever been used for any gambling or taking bets. Therefore they do not break any gambling laws of Malaysia.

Victor Chandler, one of the world’s top independent bookmaking and gaming groups, is involved in the internet gambling and sportsbetting industry in Europe and the company does not operate the online gambling in Malaysia. But with the growing expansion of internet gambling on the worldwide front, it isn’t the first time when government officials have looked to arrests in order to make sure that business based in their country isn’t operating online casinos.

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Next month the EU officials are going to investigate the online gambling ban that is currently in force in the United States. The USA instituted the controversial Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006 in order to restrict transactions between American players and offshore internet casinos. Though, with the UIGEA, the US Department of Justice started prosecuting European online gambling companies. 888 Holdings Plc, Party Gaming and others could be imposed fines for their pre-UIGEA gambling activity in the United States. The European Commission has started an official investigation into the US online gambling restrictions. The US and the EU officials will meet the coming month in order to discuss the online gambling ban and all of its implications for domestic and foreign online casinos.

But there is a slight confusion in this situation. The fact is that last year the EU and the US settled preliminarily the entire internet casino gambling issue via the World Trade Organization. But the Remote Gaming Association has put pressure on the European Commission to investigate further the issue in the name of many online gambling companies which were ruined by the questionable online gambling ban.

In fact European internet casinos don’t benefit financially from the settlement with the USA that seems a little bit silly as the online gambling companies were harmed in the whole process. Therefore, the European Commission has started to investigate the legitimacy of the UIGEA, and also the right of the DOJ to prosecute online gambling sites for pre-UIGEA gambling activities.

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During the past few years online casino gambling has just swept the world over, taking operators and players by storm. South Korea is not the only of those places where in spite of the illegality of internet casino gambling, there is a stable growth in the quantity of online casino players.

According to the BBC news report of 2002, the gaming addiction was attributed to South Koreans that involved more than 10 million internet subscribers at that time. Nowadays, in accordance with the South Korea Cultural Information Centre more than 7 percent of the country’s population is addicted to internet gambling, in addition to several millions who play regularly in free time.

The online casino gambling is strictly unlawful in South Korea; exactly this fact makes these numbers so considerable. South Koreans could make their internet casino gambling industry so successful in spite of its illegality with the help of a points system, whereby gamblers play online utilizing points by means of an avatar which is bought, and after that they sell them to new gamblers for real money in order to keep on the account. The South Korean online casinos themselves don’t offer cash prizes or jackpots apart from mere points, therefore they don’t break any country’s laws.

The government of South Korea is eager to punish those who break online gambling laws, yet it is becoming all the time more difficult because swarms of South Koreans are contributing. Maybe, it is time for the government to revise its position on online casino gambling?

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