A Detailed Insight into the Kentucky Derby of 2016

Horse racing, the sport of kings has today become a major source of profits. If you have not thought of placing an online wager on horse racing yet, then it is about time. Yes, a bet on your favorite nag can bring a giant win to you.

At present, Kentucky Derby has gained the attention of entire media. The classic horserace is going to take place on May 6 in America. Millions of fans are waiting eagerly for the event, as Kentucky Derby is going to run for the 142nd time. The first leg of horse racing’s Triple Crown is expected to take place on coming Saturday at around 5.30 pm at Churchill Downs in Louisville.

About the Horse Race

While talking about the Grade I stakes horse race, ‘The Run for the Roses’ will take place for just 3 year old horses that are thoroughly bred. The race will take place on the dirt racetrack of Churchill Downs and the horses will cover the distance of almost one and one-quarter miles long. When it comes to different sets of horses, fillies are going to carry around 121 pounds while geldings and colts will carry 126 pounds in the race. Without a doubt, winning the Triple Crown is not at all an easy task for any of the horses. It will require immense energy and passion of the equestrian.

Schedule of the Horse Racing

The Kentucky Derby is will remark the onset of the racing marathon followed by Preakness, which will be held after two weeks. Later on, Belmont Stakes is expected to take place after three weeks after the earlier two races. In the year 2016, the Preakness Stakes at Pimlico Race Course is May 21 while the Belmont Stakes and Maryland on June 11. In 2015, the winner of The Triple Crown in Kentucky Derby was American Pharaoh. It is a fact that only 12 horses have won the title by far in the past 141 years. This simply means that winning The Triple Crown is not a cakewalk.
While mentioning the amount of stakes, around $194.3 million was wagered in the Kentucky Derby last year. It is the most popular horse racing all around the globe. However, players must keep in mind certain tips and tricks before placing a bet on any of the horses. You can first sign up at the site that offers welcome bonus and acquire knowledge about different horses.

The Bottom Line

Without a doubt, placing a bet on horseracing can keep your pocket sufficed. However, you can even try other casinos games that can bring in great cash for you. Although the variety of casino games is endless but Tiki Island Slot is the most popular of all. It is a 5-reel game with a feature of free spins and giant jackpot. Puffer Fish Bonus and Tiki Nuts Bonus will make you addicted to this amazing slot. With the right tricks, you can win 10,000x of your stake in Tiki Island.

Thus, what are you waiting for? Try your luck at Kentucky derby and other online slots now!

Alabama Senate Fails to Pass Victoryland Electronic Bingo Machine Bill

A new bill that would have permitted the installation of electronic gambling machines at a new venue in Macon County did not make it past a procedural vote held in the Alabama Senate. The proposed venue was a well established dog track known as VictoryLand. The bill in question, SB 320, was sponsored by Democratic Sen. Billy Beasley but it fell short of the votes it needed and therefore it couldn’t be brought up for debate. The vote was 14-13 in favour of bringing the bill up for discussion but this was far from the three-fifths majority it needed.

The proposed legislation was intended to write a law that would give VictoryLand gambling machines that were identical to the ones operated by the Poarch tribe of Creek Indians at their casinos. The Indian tribe currently operates three casinos in the state of Alabama at Wetumpka, Atmore, and Montgomery and it falls under the jurisdiction of federal laws and not state laws. These casinos are equipped with electronic bingo machines which look very much like slot machines.

Sen. Beasley said that the state was being unfair when it didn’t permit a particular establishment to have a type of bingo machine that other establishments already had. In fact, the Senator also said that voters were probably under the impression that they had authorized bingo in all its forms including electronic when the issue was brought to the ballot earlier. Sen. Beasley went on to say that if his bill had been passed then it would have bolstered the existing amendment permitting bingo operations in the county.

VictoryLand had been raided in 2013 and all its electronic bingo machines seized. The Alabama Supreme Court ruled against the establishment last month, saying that the machines were illegal and not covered by the constitutional amendments that permitted bingo in certain parts of the state. The court specified that the amendment stipulated card and paper bingo and not the electronic type.

Milton McGregor, the owner of VictoryLand, intends to fight on despite the adverse court ruling that came after a long drawn out legal battle. In fact, he had said that he will reopen the establishment at a later date with brand new machines. The gambling facility at VictoryLand used to provide direct and indirect employment to more than 2000 people, and the loss of these jobs when the hall was shut down has hit the community hard. However, the failure of the proposed bill to get the attention of lawmakers will definitely hit his plans hard.

Interestingly, the VictoryLand bill wasn’t the first electronic bingo bill to fail to make it past procedural obstacles in the Alabama senate. Another proposal, this one by Dem Sen Bobby Singleton of Greensboro to retain bingo casino services at GreeneTrack, was also shot down in the senate since it failed to get the 21 votes it needed. The gambling industry has great potential to revitalise the economy and therefore need of the hour is to provide proper regulation and intelligent policies.

Gambling Industry Contributes Heavily to the UK Economy

Gambling is so popular in the United Kingdom that it is not just a popular pastime; it is now an important contributor to the country’s economy. According to a reliable new report, the gambling and betting business contributes a very generous amount of approximately £2.3 billion towards the Gross Domestic Product (GDP) of the United Kingdom. Britons are enthusiastic participants in the entire gamut of gambling options ranging from sports betting to casino games, either using the internet or at land based establishments.

Highly Regulated For Better Performance

The online gambling business is a fast growing segment in the UK betting industry and it benefits from being properly regulated, The country’s Gambling Bill of 2014 takes into account the expansion of the online gambling industry. Online casinos are taxed at the rate of 15% and they should also be licensed by the Gambling Commission. Online gambling sites based in the UK have to ensure that their websites conform to the rules and regulations laid down by the Gambling Commission in order to get approval to operate. While some online operators have had to make changes to their sites, others have had to rebrand themselves entirely.

Taxes Too High?

The Remote Gaming Association maintains the position that taxes on online gambling business shouldn’t exceed 10% because this would make the businesses unprofitable. The fact is that companies that operate in this business have passed the costs onto their customers. Since the gambling volumes have increased steadily since then, it is clear to see that the new taxes and regulations have helped boost the UK’s economy. Interestingly, countries like Spain and France haven’t been able to regulate their online gambling businesses well after they put in a similar regulatory framework as the UK’s.

Last year’s Machine Games Duty caused quite a few major brands to shut shop in the UK but these closures haven’t really had a major impact on the economy. As a matter of fact, people in the country seem to be very keen on gambling online, as seen by the number of mobile gambling apps being launched since the duty came into effect. Furthermore, the turnover of the industry has only increased during the same period.

Fixed odds gambling machines will be taxed at 25% higher and this will cause the industry to lose a sum of £335 million over a period of five years. Share prices of affected companies have also dropped but not by a number that should cause worry. There has been growth in the sector occupied by gambling machines and self-service terminals. In fact, the gambling industry in the UK has managed to evolve at a very fast pace by embracing a wide range of technological advances.

Interestingly, while the gambling industry in the UK does generate profits to the tune of £600 million per year, it contributes a far higher sum to the exchequer in the form of taxes. The industry does benefit very much from proper regulation and it will continue to contribute to the UK’s economy.

New Jersey Clarifies Grey Market Issues Regarding Online Gambling Licenses

The online gambling market is no doubt a very big one, but gambling operators often participate in grey markets as well. It is also a fact that the business operates best when it gets the right kind of regulation since this protects the interests of all parties concerned, and especially that of individual gamblers. The gambling regulator in the US state of New Jersey has obviously tried to pre-empt any problems concerning the issue of grey market operations by providing clarity on its position regarding the subject.

New Jersey’s Division of Gaming Enforcement (DGE) recently made its position known by publishing an advisory bulletin on the topic. The bulletin details the level of exposure to grey markets that the DGE would accept among its internet gambling licensees. David Rebuck, director of DGE, released this bulletin in order to ensure that online operators do not run into any licensing issues.

According to the DGE, grey markets are those jurisdictions where there is question about the authenticity and legality of online gaming operations. Black markets are defined as those jurisdictions where the governments have passed laws to ensure that online gambling is banned and taken concrete steps to enforce these legislations, or at least issued unambiguous official statements that internet gaming is not legal.

Based upon the above definitions, any operator which is licensed in New Jersey is prohibited to offer its services in any place which is a black market. If a New Jersey gambling licensee is found to have operated in a black market then it will be deemed to not have the required character properties necessary for a license. In other words, the company stands the risk of losing its license.

The DGE is unlikely to take any action against a gambling operator that does business in grey markets since the lack of clarity in the market will not be held against it. It also explained that this situation would be maintained as long as the jurisdiction had not yet taken any specific steps against these internet based operators.

The DGE also noted that its task isn’t very easy since legal issues can very often be interpreted especially with regards to the legality of internet based gambling in other jurisdictions. For instance, the European Union is currently at odds with a few of its member states regarding gambling issues. At the same time, the DGE also assured its licensees that it would ensure that there wouldn’t be any issues arising from differences in judgement between two country’s authority.

The issue regarding grey market activity has most probably arisen on account of the problems faced by PokerStars and Bwin.party. PokerStars which is owned by Amaya Gaming has run into problems in Russia where online poker isn’t as yet officially permitted to operate. The issue with Bwin.party has happened after the company was purchased by GVC Holdings which is believed to be a major operator in markets that do not take a kind view to online gambling. In fact, the company recently announced that it would launch operations in many markets that did not permit online gambling.

The Arguments and Claims to Cease the Expansion of Gambling

According to Joan Mell, the attorney for the Amusement Device Operators, people love pushing buttons at casinos, hear bells and whistles. The players are attracted to the flashing lights of the game. However, a handful of state legislators of Washington are seeing red in these bright flashing lights.

The Claim Against the State

The organisation of Joan Mell has recently filed a claim of $15 million against the state, according to media reports. The claim has been filed, as the legislators consider that the latest devices in the Lakewood casinos and their multiplication in the state is just an act of expansion of gambling. In addition to this, Mell also remarks that it is important to review a decision that has already been made.

In last July, the State Gambling Commission gave permission to the slot machines. As a result, 400 machines have developed until date and are expanding with each passing day. However, some lawmakers are now planning to do the weeding of these machines. In the words of House Minority Floor Leader J.T. Wilcox and House Majority Leader Pat Sullivan, every necessary action is being taken to pull back the rapid expansion of gambling.

It has come as a surprise that $15 million claim has been filed for backing out on what already exists. In the year 2004, the Entertainment Industry Association (EIC) pushed for the enforcement of slot machine bill, which later took the form of Initiative 892. Under this initiative, it was decided that 19,000 slot machines were placed in the non-tribal casinos, bowling alleys, taverns and restaurants. these machines will be placed in the entire state of Washington.

Reintroduction of Slot Machines

Dolores Chiechi, executive director of the Recreational Gaming Association (RGA) of Washington and the very popular Sister to Maria mentioned in the year 2008 that the reintroduction of the slot machines has remained only in the minds. This simply means that the intention of reintroducing slot machines in order to make non-tribal casinos capable to competing with the tribes has not been implemented practically. On the other hand, representatives of the RGA stated in the same year that the wagering limit should be increased and more players must be allowed per table. It is true that earlier in the year 2003, the commission denied baccarat considering it as the expansion of gambling.

The Bottom Line

In 2009, many speakers were in favor of the slot machines in the public hearing held on House Bill 2162. Lakewood City Council Candidate, Jason Whalen; Lakewood City Mayor, Doug Richardson, Lakewood Businessman, Ted Wier and Lakewood Chamber President Linda Smith were some of the representatives that were in favor of the matter. At this time, Chiechi did not support it all but three years later he has now asked for limiting the number of scratch ticket machines. He has asked for the same, as he fears that gambling will expand in the coming years. However, the proponents still believe that slot machines are a game of skill.

Quebec Proposes Legislation to Censor Online Gambling

The proposal of the Quebec government to pass a new law that will be used to block internet service has stirred the proverbial hornet’s nest in Canada. Lawmakers are debating upon a new legislation that could, if passed, enable the government to prevent residents of Quebec from accessing certain websites that the government does not approve of. In a bid to garner support for the bill, the government has explained that it is needed to protect citizens from the negative impact of certain sites.

The new internet law will most likely be used to exercise control over which gambling sites residents of Quebec will be able to access. As a matter of fact, the government intends to protect the online businesses it runs by blocking access to privately run sites. While certain jurisdictions in Europe do have the same or similar laws, many people in Canada feel that the government id overreaching its mandate in this particular instance.

One of the reasons for the popularity of the internet, apart from the fast flow of information it offers, is that it offers the premise that there is practically no censorship of information on it. The concept of Net Neutrality is a very important one, although there have been many attempts to tamper with it. The term was coined by Prof. Tim Wu of Columbia University way back in 2003 and it requires all parties to give all data on the internet the same importance. In other words, there can be no space for restricting any type of data (official secrets as well as personal and financial data do not come under this) or changing varying fees based upon different factors.

Internet service providers are expected to follow net neutrality irrespective of the content, mode of communication or the platform used. The same applies to governments which have to respect the equality of all data passing through the internet. In other words, there is no space for government censorship on the internet, or even differential pricing based upon the content, user or even the equipment used to access the internet.

Many countries follow the principles of net neutrality in some form or the other and they have also put laws in place to ensure that they are followed. These laws vary from country to country but many of them contain a few provisions in various forms. These range from outlawing monopolistic practices such as blocking other service providers to the withholding of internet services for specific reasons. Companies providing internet services are also prevented from subsidizing internet use on web sites of their choice at the expense of others. All in all, net neutrality forms the workable basis for correct internet use in most parts of the world.

While most people will agree that the government should have the right to block websites that are criminal in nature, the majority consensus is that the government should not be bothering itself with telling people which gambling site to use as long as it is legal.

Quickspin Signs Content Deal With iForium

Swedish slot gaming software developer Quickspin has entered into an agreement with iForium in which the latter will launch the former’s entire collection of video slot titles on its Gameflex platform. iForium’s customers will be thrilled to have access to Quickspin’s library of content which is quite a large one and includes popular titles such as Genie’s Touch, Crystal Queen, Razortooth, and Second Strike, in addition to the hugely popular Tiki Island slot. Customers using the Gameflex platform will also be able to try their hands at The Wild Chase slot, which is due to be released soon. Interestingly, the new games will be available for play on the Gameflex platform as soon as they are launched. Furthermore, gamers will be able to play these games using their mobile devices and not just their desktops.

The deal makes a great deal of sense to iForium since customers of gaming sites are always on the lookout for new games. In fact, the gaming operator which is based in the Isle Of Man will also benefit from getting Quickspin’s highly regarded promotional tools such as Flexible Free Rounds and Feature Trigger. The gaming business is notoriously competitive and this tie up will help iForium retain its customers and monetize them better. Phil Parry, Iforium’s chief executive said that Quickspin’s games would go well with the other games in the iForium portfolio on account of their uniqueness.

Quickspin is equally delighted with the deal since it will provide a greater exposure to its games. The flexibility of Iforium’s Gameflex platform will ensure that gamers will enjoy the developer’s games to the maximum possible extent. Daniel Lindberg, chief executive of Quickspin said that the company would definitely benefit from getting a brand new audience for its games. In fact, the company has many more plans for the coming year, and there will be many more game launches to look forward to.

Quickspin games have developed quite an audience base on account of their unique features and attractive gameplay. Many of the games developed by the company have gone on to win awards and they are extremely successful at attracting and retaining customers. In fact, the company has quite a good reputation for releasing new games at a fast pace. The thrilling video slots games developed by this company can also be found on well known casinos such as Mr Green Casino, Fruity Casa Casino, and SlotsMillion Casino.

Since the integration involves the Gameflex platform, the entire process can be expected to take place without any delay or problems. This is indeed very important because interruptions in play can cause a gambling site to lose customers, sometimes for good, and it is something that no online gambling operator can risk.

Strategic tie-ups are very common in the gambling industry because online casino operators are always on the lookout for new games to offer their customers. The arrangement between Quickspin and iForium is just one of the latest in the business and it spells good news for customers because they enjoy the additional choices available to them.

Free Market Online Casinos Gives PlayNow Tough Competition

PlayNow is an online casino that is jointly run by Manitoba and the British Council. When you log onto their website, you can neither figure out any details relating to banking or even about the payout percentages. Usually this information is presented on the homepage of any website as it is considered to be crucial. There are several factors that one needs to take into consideration before deciding upon a suitable online casino to play in. One of the most important and crucial aspects is the payout percentage, and should be available on the website of the online casino. The player should not have to find it on the website, rather it should be available freely and openly. One of the casinos that is amazing in this regard is the All Slots Casino, they make this information public on their homepage so that you can make your gaming decisions in a more orderly fashion.

Even if you post a query or complaint regarding the aspect that the payout percentage is not available, there is no response or even the urge to solve this issue. The fact that there is immense competition in the online gaming industry, one can clearly overlook these small details and switch to another website that is offering better services. Hence, when PlayNow did not really adhere to the standard to making their banking operations and other details available, it gave the wrong impression and over the period of time discourages people to play on the website.

Banking details

On further inspection, you will eventually find a link at the end of the website that says that all transactions that will happen on the website is safe and secure. Apart from this, there was basic information with respect to your privacy settings. These details were placed in a section called account security. There were some other points mentioned which made sense such as not opening suspicious emails and also having different passwords for all your accounts.

Is it really safe to gamble at PlayNow

PlayNow mostly encourages people to use debit and credit cards. Overall there is a lack of knowledge on the website so it might seem suspicious to many people. Depositing and withdrawing money is fairly simple but one does wonder if it will get lost in transit. On the contrary, a casino that follows a free market principle usually has more than 20 options to withdraw and deposit money. On the other hand, the casinos that are controlled and operated by the government usually offer a little less.

Well, if you are gambling from Manitoba or British Columbia, you have to take a note of the fact that the government can keep a track of your transactions. They can ascertain how much you have played with because of something called as the financial trail that traces how much has been spent from your credit or debit card.

Privacy should be the top most priority

In more and more regions, online gambling is receiving a lot of flak. Hence, when this happens external authorities try to intervene and make the functioning more complicated.

Mobile Technology Transforms Online Gambling Industry

The online gambling industry has proven to be extremely successful because gamers wholeheartedly embraced the idea of using the internet for gambling. While land based casinos no doubt retain their appeal based upon glitz, glamour and sociability, internet based casinos were able to attract large numbers of customers who preferred its convenience, usability and anonymity. However, this industry is undergoing a huge change at the present time on account of technological advances in the mobile industry. It is fair to say that mobile gaming is the biggest thing that the gambling industry has seen.

Internet based gambling is no doubt very convenient but the beauty of mobile gaming is that they can now gamble even when they are on the move. Gamblers can now play a few games or place a couple of bets when they are commuting to work or waiting at the dentist office!

Some online casinos have been quicker than others to identify this new trend in the industry and they have, in consequence, been able to reap major rewards. Only those casinos which invested in the right software to make their sites compatible with mobile devices were able to attract customers. It is interesting to note that even the leading online casinos did not pay much attention to mobile gaming and therefore did not have the right kind of platforms that would be geared to meet the changed demands of the industry.

Changing Needs Of The Online Gambling Industry

The shift in demand for mobile gaming from just online gaming means that companies have had to use new gaming platforms. The smaller screen size of mobile devices means that mobile gaming sites need to have homepages where information is easy to obtain. Furthermore, each game should load quickly and play without any interruptions. Players are quite capable of exiting a casino entirely if they feel that the site is not responsive enough.

Games Being Developed

The first gambling option to be made available on mobile devices was Bingo, perhaps on account of its relative simplicity, but this was quickly followed by slots and scratch offs. There hasn’t been much success at converting Poker to mobile devices because this is a very sophisticated game with many different components to be displayed on the small screen. Furthermore, younger players prefer to play games that have the features of video games.

Mobile games are primarily developed for Android and iOS since these are the leading operating systems worldwide for mobile phones. Today, companies that specialize in developing software for mobile devices have a head start over other companies since they find it easier to enter into strategic tie ups with online gambling sites. There is an immense amount of competition in this field and companies cannot afford to miss out on opportunities to increase their market share.

It is safe to say that mobile gaming will completely dominate the gambling industry within a very short time. Therefore, one gets to see an ever increasing number of sites making the change.

PokerStars Launches its US Operations in New Jersey

PokerStars, the largest online poker business in the world, has recently launched operations in the United States by starting with the state of New Jersey. Its new enterprise is in collaboration with Resorts Casino Hotel since the law requires a tie up with an existing land based gambling operation from the state. The company began operations last Monday, subsequent to a testing period by New Jersey’s Division of Gaming Enforcement that lasted five days.

The arrival of PokerStars to US shores has been greeted with a great deal of enthusiasm since it has immense potential for growth. The company is not a stranger to the US gambling industry and had operated there until 2011 when the government cracked down on online gambling operations that were illegal at the time. In fact, the Poker industry in the United States still knows the event as Black Friday.

While the launch of PokerStars operations in New Jersey is indeed great news, it has to be noted that only those people who are located within the borders of the state at the time of playing online will be permitted to do so. Needless to say, this will disappoint the large poker playing community in the United States.

Three states in the US permit online gambling at present. They are Nevada and Delaware in addition to New Jersey. The internet gambling business in New Jersey is far bigger than the other two, but the available capacity is far outstripped by the demand. As a matter of fact, it is necessary for the market to cover other jurisdictions for it to become large enough to prosper. As of now, gambling businesses in New Jersey have been trying to work out reciprocal contracts with those in the other two states in order to be able to offer the kinds of prize pools that customers find enticing. Unfortunately, the state hasn’t made much headway when it comes to this issue and this doesn’t bode well for its long term prospects.

The internet gambling industry in New Jersey is now worth $149 million which represents a very satisfactory 21% increase over the previous year. The entry of PokerStars will definitely impact the industry in a positive manner since this is a well established business with an enormous customer base.

Eric Hollreiser, a representative of PokerStars, told the media that the company was very happy to be part of the growing online gambling business in New Jersey. In fact, the Garden State has been on the company’s radar for a long time now. It tried to get licensed in the state twice earlier but got entangled in a few legal problems concerning the acceptance of bets from Americans who were not permitted to gamble online at that time. PokerStars is now owned by internet gaming giant Amaya, and the company executives who were involved with its legal troubles have stepped down. Furthermore, the company paid $547 million in fines to the Department of Justice as part of this legal issue.