Caribbean Stud Poker differs slightly in the United Kingdom, and most parts of Europe, from the US. The game is officially known as “Casino Five Card Stud Poker”, and not all casinos have the jackpot prize. Those which do have the prize, usually the large chain groups, officially call the game “Casino Jackpot Five Card Stud Poker”. In both instances, the game is commonly referred to as “Casino Stud Poker”.
The basic rules are the same in the UK as the US, although the payouts differ – the maximum bet is generally £100 on the ante and £200 on the raise, and all payouts are paid on the raise, meaning the maximum payout can potentially be £10,000 (a Royal Flush pays at the same odds, 50:1, as a Straight Flush).
Casinos offering the jackpot generally have the card shuffled by a card shuffling machine – the cards are then removed and dealt out by the dealer, or croupier. Independent and small casinos generally have the croupier shuffle the cards by hand.
British casinos do not use the chip dropper system; instead, a £1 chip is placed on a small plastic circle on the table, which lights up. The croupier then presses a button on a panel infront of them, which keeps the lights lit up once the chips are removed. The dealer removes the chips, and can then tell which players are playing the jackpot game and which are not.
If the dealer does not show an Ace/King, hands playing the jackpot must be turned over, face up, and shown to the dealer and table. If the player is not playing the jackpot prize, the cards are not shown.
Here is a list of potential restrictions and regulations on private ownership of slot machines in the United States on a state by state basis. Note that these regulations are subject to change without notice and are not fully guaranteed to be completely accurate.
In New Zealand and Australia, housie is often used a fundraiser by churches, sports teams, and other groups, and raffles are sold before the game.
Bingo, as housie is known as in the UK (not to be confused with the similar US game Bingo), is an expanding and highly profitable business, with many companies competing for the customers’ money.
The two largest companies with bingo halls in the UK are:
Gala Bingo (Gala Group Ltd.)
Mecca Bingo Ltd. (part of The Rank Group plc)
As well as offering the familiar Housie/Bingo played by marking numbered books, most large clubs have their tables modified for the playing of Cash Housie or Mechanised Cash Bingo (using coin slots or, increasingly in the 21st century, an electronic credit system). This is highly profitable for the operator, with a typical “take” of fifty percent of the stake.
Google received the highest approval, from the Queen, to allow companies to buy sponsored links for the online gambling in UK. Google stopped advertising online gambling in the search results pages in 2004 after the US Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and the express claim of the US addressed to the major search engines (Google, Yahoo!, MSN) when these SE were charged together $31.5m because they accepted online ads promoting illegal gambling, during the last ten years.
The advertisers using this service will have to be regulated in Britain or Europe and would have to have internet links to organisations helping problem gamblers.
“We’ve decided to amend our policy to allow text ads to appear against search queries related to gambling in Great Britain. We hope this will enhance the search experience for users and help advertisers connect with interested consumers. Gambling ads will automatically be classified as Non-Family Safe which means they will not show on any search where the user has applied the Safe Search filter.“, says James Cashmore, Head of Technology, Industry Markets Group, Google UK.
Casino tokens are small colored metal or plastic discs used in gambling establishments.
There are two main types of tokens used in casinos: multicolor tokens of various denominations called chips, used primarily in table games; and metal token coins, used primarily in slot machines. Some casinos also use gaming plaques for high stakes table games ($25,000 and above). Plaques differ from chips in that they are larger, usually rectangular in shape and contain serial numbers.
Money is exchanged for the token coins or chips in a casino at a cashier station (the cage), at the gaming tables, or at a slot machine. The tokens are interchangeable with money at the casino, but have no value outside of the establishment.
These tokens are employed for several reasons. They are more convenient to use than currency, and also make theft and counterfeiting more difficult. Because of the uniform size and regularity of stacks of chips, they are easier to count compared to paper currency when used on a table. This attribute also enables the pit boss or security to quickly verify the amount being paid, reducing the chance that a dealer might be overpaying a customer.
Furthermore, it is observed that consumers gamble more freely with replacement currencies than with cash.
Finally, the chips are considered to be an integral part of the casino environment, and replacing them with some alternate currency would be unpopular. However, many casinos are moving to paper receipts.
Casino tokens are collected as a part of numismatics, more specifically as specialized exonumia collecting.
A set of injection molded ABS poker chips “hot-stamped” with denominations 100, 50, 25 & 10
Chip Denominations
Chips of the same denomination from different casinos tend to have similar colors. This increases familiarity with denominations.
The most common color scheme used in US casinos:
$1.00: White (uncommon: blue, grey)
$2.50: Pink
$5.00: Red
$25.00: Green
$100.00: Black
$500.00: Purple
$1000.00: Orange (often oversized)
Official Chip Colors
Denomination
Color
Exceptions
$1
White
Unusual in Nevada; may be blue or gray or white.
$2.50
Pink
Blue (MO); North Dakota prescribes pink for $2 chips
$5
Red
$25
Green
$100
Black
$500
Purple
$1,000
Orange
Oversized; usually yellow in Nevada
A standard 300 piece set of ABS plastic chips
History
After the increase in the value of silver stopped the circulation of silver dollar coins around 1964, casinos rushed to find a substitute, as most slot machines at that time used that particular coin. The Nevada Gaming Control Board consulted with the US Treasury, and casinos were soon allowed to start using their own tokens to operate their slot machines. The Franklin Mint was the main minter of tokens at that time.
In many jurisdictions, casinos are not permitted to use currency in slot machines, necessitating tokens for smaller denominations.
Tokens are being phased out of many casinos in favor of coinless machines which accept banknotes and print receipts for payout. (These receipts can also be inserted into the machines.)
Future
In certain casinos, such as the new Wynn Casino in Las Vegas, chips are embedded with RFID tags to help casinos keep better track of them, determine gamblers’ average bet sizes, and to make them harder for counterfeiters to reproduce. However, this technique is costly and considered by many to be unnecessary. Also, this technology provides minimal benefits in games with layouts that do not provide gamblers with their own designated betting areas, such as craps.
Bingo cards are used to play various bingo games, including U.S. style bingo and U.K. style Housie. Cards are usually made of cardboard or non-reusable paper, but more and more bingo halls are beginning to use computerized cards. Bingo cards are printed in various styles (see below) with randomized bingo numbers. As bingo numbers are called, players either check off the boxes with a pen or marker, or use a bingo daber/dauber to stamp the box.
U.S. Bingo Cards
A typical U.S. bingo card
U.S. bingo cards are 5×5 squares, with the columns labeled B-I-N-G-O and with spots contains numbers between 1 and 75. The center square typically is a free spot, and often has the word “free” printed on it.
U.K. Bingo, or Housie, cards are usually called tickets and differ greatly from U.S. Bingo cards. The cards contain three rows and nine columns. Each row contains five numbers and four blank spaces. Each column contains one, two or three numbers.
US gambling revenue dropped 15% in May. In Las Vegas, the percentage is 16.4%. As for Atlantic City, the casinos gambling revenue down 11% in June, comparing with the same month of the last year (a single casino shows an increase in revenue, Harrah’s Resort Casino). In Illinois, gambling revenue was down more than 20 percent in June compared to June 2007.
The analyst Robin Farley of UBS wrote in a report that “the decline in Strip revenues is worse than the period immediately following Sept. 11, 2001 and except for January 2002 is the worst monthly performance in more than 10 years…The weakness in gaming revenues was not confined exclusively to the Strip as the Las Vegas locals market declined 19.5% in May, bringing year to date revenues down 8.7%.”
Sands, Wynn, Boyd… everything is sliding.
“The decline appears to be accelerating,” said Nick Danna, an analyst with Stern Agee & Leach.
Jim Murren, president of MGM Mirage, says that this drop is a temporarily situation, an usual cycle.
For Atlantic City, the most important decline is for Trump Marina Casino, 23%.
For the casino games, the reports say that table games and slot machines fell down almost the same in Las Vegas, but slots declined more in Atlantic City.
I am not a specialist, but I think that there are some important factors, external to the gambling industry, that influence it. And one of the most important, if not the most important, is the economic crisis. Including the petrol price, unemployment, the real estate crisis, as well as the reduction in flights as airlines cut back their services.
A second factor is the tourist market, influenced also by the economic crisis but not only. The restrictions implemented last years by US for the external tourists is, maybe, more important for the tourist market than the crisis.
And, to not forget the smoking ban, that will decrease even more the gambling revenue.
The crisis in US gambling industry will be increased by the casino and hotel investments started by the operators, for which it will not be possible to make the payments to the banks (for ex., Tropicana Entertainment defaulting on $2.7bn debts).
In fact, when you start an isolationist policy, including for the online gambling market, you have to take into consideration the secondary effects that can become major effects, in time.
Bingo is a game of chance where randomly-selected numbers are drawn and players match those numbers to those appearing on 5×5 matrices which are printed or electronically represented and are known as “cards.” The first person to have a card where the drawn numbers form a specified pattern is the winner and calls out “Bingo!” to alert others to the win. Bingo is a game used for legalized gambling in some countries.
A very similar game called housie is played in New Zealand, Australia, and the UK (where it is called Bingo). This game differs only in ticket layout and calling.
Description of the game
Each bingo player is given a card marked with a grid containing a unique combination of numbers and, in some countries, blank spaces. The winning pattern to be formed on the card is announced. On each turn, a non-player known as the caller randomly selects a numbered ball from a container and announces the number to all the players. The ball is then set aside so that it cannot be chosen again. Each player searches his card for the called number, and if he finds it, marks it. The element of skill in the game is the ability to search one’s card for the called number in the short time before the next number is called.
The caller continues to select and announce numbers until the first player forms the agreed pattern (one line, two lines, full house) on their card and shouts out the name of the pattern or bingo. One of the most common patterns, called full card, blackout and cover-all simply consists of marking all the numbers on the card. Other common Canadian and American patterns are single line, two lines, centre cross, L, Y, inner square (4 × 4), roving square (3 × 3), and roving kite (a 3 × 3 diamond). On Canadian and American cards lines can be made horizontally, vertically, or diagonally. Inner and roving squares and kites must be completely filled; roving squares and kites may be made anywhere on the card.
Bingo Cards
Canadian and American bingo cards are 5 × 5 grids of numbers only; dual daub, dual dab, or “double-action” cards have two numbers in each square. Each space in the grid contains a number, except for the centre square, which is considered filled. The highest number used is 75. The columns are headed with the letters of the word BINGO, and the letter is called with the number — for example, B-10, I-25, N-40, G-55, O-70. Numbers 1 to 15 are assigned to the B column, 16 to 30 to the I column, 31 to 45 to the N column, 46 to 60 to the G column, and 61 to 75 to the O column.
Each card has a unique serial number to permit quick verification by computer.
Culture
A typical bingo dauber, which is also used for housie tickets
Canadian and American games often have multiple bingos — for example, the players may first play for a single line, then after that is called continue playing for a full card, then for a consolation full card.
In Canadian and American Halls, players often play multiple cards for each game; thirty is not an unusual number. Because of the large numbers of cards played by each player, most Canadian and American halls have the players sit at tables to which they often fasten their cards with adhesive tape. To mark cards faster the players usually use special markers called dabbers. At commercial halls, after calling the number the caller then displays the next number on a television monitor; bingo cannot be called until that number is called aloud, however. The numbers already called and the patterns being played are also displayed on electric signs.
In American primary schools, bingo is used to teach students. The numbers are replaced with letters, pictures, words or symbols that represent important concepts.
History
Bingo can be traced back to a game called Lotto, played in Italy in 1530. The bingo name comes from a corruption of the name Beano, the name of a form of bingo played in the United States in the 1920s. Beano was so called because beans were used to cover the numbers. The name of the game was changed to “Bingo” when an excited player called out “bingo” instead of “beano.” The name stuck.
The business of bingo
In the US, the game is primarily staged by churches or charity organizations. Their legality and stakes vary by state regulation. In some states, bingo halls are rented out to sponsoring organizations, and such halls often run games almost every day. Church-run games, however, are normally weekly affairs held on the church premises. These games are usually played for modest stakes, although the final game of a session is frequently a coverall game that offers a larger jackpot prize for winning within a certain quantity of numbers called; a progressive jackpot may increase per session until it is won.
Commercial bingo games in the US are primarily offered by casinos (and then only in the state of Nevada), and by Native American bingo halls. In Nevada, bingo is usually offered only by casinos that cater to local gamblers, and not the famous tourist resorts. They will usually offer several two-hour sessions daily, with relatively modest stakes except for coverall jackpots. Station Casinos, a chain of locals-oriented casinos in Las Vegas, offers a special game each session that ties all of its properties together with a large progressive jackpot. Native American games are typically offered for only one or two sessions a day, and are often played for higher stakes than charity games in order to draw players from distant places. Some also offer a special progressive jackpot game that may tie together players from multiple bingo halls.
As well as bingo played “in house”, the larger commercial operators play some games linked by telephone across several, perhaps dozens, of their clubs. This increases the prize money, but greatly reduces the chance of winning due to the much greater number of players.
There are examples where Bingo halls are linked togeter in a network to provide alternative winning structures and higher to prizes. Loto Quebec in Canada have connected bingo halls in such a manner.
Bingo is also the basis for online games sold through licensed lotteries. Tickets are sold like for Lotto and the player get a receipt with his/her numbers, like a bingo card. The daily or weekly draw is normally broadcast on TV. These games offers higher prizes and it is typically more difficult to win. Examples are the game Extra provided by Norsk Tipping in Norway and Boxen provided by Dansk Tipstjeneste in Denmark.
The Bingo logic is frequently used on scratch card games. The numbers are pre-drawn for each card and hidden until the card is scratched. In lotteries with online networks the price is electronically confirmed to avoid fraud based on physical fixing.
Alternate variations
Two notable modern variations of bingo have achieved some kind of status in American culture:
Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week.
Asia, and especially Macau, will be the world’s fastest growing gambling region.
In accordance with this report, the US revenue will decline in 2008, due to the mortgage crisis and high gas and travel price. But, starting with 2010, Las Vegas will expects a new raise.
Online gambling and sports betting is expected to have a 4.9% yearly increase in Europe, the Middle East and Africa, and a 4.5% yearly increase for the US tribal casinos. The most important increase for US is predicted for sports betting, rising 7% to $7.6 billion in 2012.
Spread betting is a form of gambling on the outcome of any event where the more accurate the gamble, the more is won and conversely the less accurate the more is lost. A bet is made against a ‘spread’ (or index), on whether the outcome will be above or below the spread. The amount won or lost depends on the level of the index at the end of the event. The spread represents the index firms’ margin.
The concept has a long history in American sports betting and was exported to the United Kingdom in the 1980s. In North America the bettor usually bets that the difference in the scores of two teams will be less than or greater than a value specified by the bookmaker. For example, if a bettor places a bet on an underdog in an American football game when the spread is 3.5 points, he is said to take the points; he will win his bet if the underdog’s score plus 3.5 points is greater than the favourite’s score. If he had taken the favourite, he would have been giving the points and would win if the favourite’s score less 3.5 points was greater than the underdog’s score.
Spreads may be specified in half-point fractions to avoid ties, or pushes. The winner of a North American spread bet wins the amount that he has bet, while a losing bettor loses the amount wagered plus the bookmaker’s commission, which is commonly known as the vigorish or vig, and is usually 10 per cent of the original wager; in the United Kingdom both sides are held at odds of 9-10. In North American betting a push is treated as if no bet at all had been made, while in the United Kingdom “dead heat” rules apply, resulting in a net loss of £5 on a £100 wager due to the 9-10 odds of the proposition.
If a key player on a side is marginally injured and may or may not play, the “sports book” — or establishment that handles the bets — may declare the game off-limits to bettors (by not quoting any spread at all on it), or may “circle” the game; in the latter scenario, lower maximum amounts for each bet are enforced (typically $5,000 instead of the $25,000 limit observed at most Las Vegas sports books) and certain specialty wagers, such as “teasers,” are banned on either side in the game. (A “teaser” is a bet that alters the spread in the bettor’s favour by a predetermined margin, often six points – for example, if the line is 3.5 points and the bettor wants to place a “teaser” bet on the underdog, he takes 9.5 points instead; a teaser bet on the favourite would mean that the bettor takes 2.5 points instead of having to give the 3.5. In return for the additional points, the payout if the bettor wins is less than even money. At some establishments, the “reverse teaser” also exists, which alters the spread against the bettor, who gets paid off at more than even money if the bet wins.)
In the United Kingdom spread betting has come to resemble the futures market. The bets are usually on the outcome of sporting events or indeed on financial instruments, but the firms often offer bets on more arbitrary events – such as the number of corners during a football match or the total shirt numbers of the goal scorers.
Unlike fixed odds betting the amount won or lost can be very large, as there is no single stake to limit the maximum losses. However, it is usually possible to place a “stop loss” with the bookmaker, automatically closing the bet if the value of the spread moves against the better by a specified amount. “Stop wins” are the opposite — closing the bet when the spread moves in a better’s favour by a specified amount.
Example: In a soccer match between Liverpool and Everton the spread for corners is 12-13, the index firm believes there will be 12 or 13 corners in total during the match. A bettor approaches the firm with the belief that there will be more than 13 corners during the game, the bettor ‘buys’ at £25 a point at 13. If the final total of corners is 16 the bettor has won, receiving 3 x £25. If the final total of corners is 10, the bettor loses 3 x £25. A ‘sell’ transaction is similar except made against the bottom value of the spread. Often there is live pricing, which changes the spread during the course of an event allowing a profit to be increased or a loss minimized.
In North American sports betting many of these wagers would be classified as over-under (or, more commonly today, total) bets rather than spread bets. However, these are for one side or another of a total only, and do not increase the amount won or lost as the actual moves away from the bookmaker’s prediction. Instead, over-under or total bets are handled much like point-spread bets on a team, with the usual 10% commission applied. Many Nevada sports books will allow these bets to be used in parlays, just like team point-spread bets, making it possible to bet, for instance, “the Packers and the over,” and be paid if both the Packers “cover” the point spread and the total score is higher than the book’s prediction. (Such parlays usually pay off at odds of 13:5 with no “vig,” just as a standard two-team parlay would.)
The mathematical analysis of spreads and spread betting is a large and growing subject. For example, sports which have simple 1 point scoring systems (e.g. baseball, hockey, and soccer) may be analysed using Poisson and Skellam statistics.
in ring game (cash game or live-action game) and tournament formats.
For the poker table seating, most casinos apply the rule first-come, first-served. Some poker rooms allow the use of the phone to ask to be placed on a list. If there is a break at a poker table, the players can inform the manager and their places will be held until they will be back.
The usual currency for the games are the chips, that can be purchased from the casino dealer, from cashiers, or from chip runners. Some will allow players to buy chips from each other at the table, and some allow to play with cash.
Usually there is a fee charge for conducting the game. The rake is the scaled commission fees taken by a casino operating a poker game. This fee structure is common in low-stakes cash games. For ring games, it is generally 5-10% of each poker hand, up to a predetermined maximum amount. This fee is sometimes referred to as the “drop” since the dealer will drop the rake into a container at the table.
In mid or high stakes games, there is sometimes used an hourly charge for renting a seat. It might be sometimes combined with a rake.
The usual fee for tournaments is 10% of the buy-in.
Some common rules in U.S. public cardrooms wrote by Bob Ciaffone in his book Robert’s Rules of Poker:
Players must protect their hands, either by holding their cards or placing a chip or other object on top of their cards. An unprotected hand may be mucked by the dealer in turn.
Players must act in turn. Players should not telegraph or otherwise indicate intentions to act prior to their turn to act.
In the event of an action out-of-turn, the action may be binding if there is no bet, call or raise between the out-of-turn action and the player’s proper turn.
Verbal declarations are binding and take precedence over non-verbal actions.
Betting actions without a verbal declaration must be made in a single motion or gesture (“no string bet” rule).
Knocking or tapping the table is a check. Tossing or pushing cards away is a fold.
In the absence of a verbal declaration of “Raise,” if a player puts in chips equal to 50 percent or more of the minimum raise, he will be required to make a full minimum raise. Otherwise, the action is deemed a call and the excess chips should be returned to the player.
In limit games, an oversized chip will be constituted to be a call if the player does not announce a raise. In no-limit, an oversized chip before the flop is a call; after the flop, an oversized chip by the initial bettor put in the pot will constitute the size of the bet. In pot-limit and no-limit, if a player states raise and throws in an oversized chip, the raise will be the maximum amount allowable up to the size of that chip.
Bets should be placed in front of the player’s cards. Chips should not be thrown (splashed) into the pot.
Wagers must be at least the size of the previous bet or raise in that round, unless a player is going all-in.
“Show one, show all” – Hole cards, including folded hands, should not be revealed to other players until showdown. If a player reveals his hole cards to another player active in the current hand, all players have the right to also see the hole cards. Also, if an uncalled winning hand is shown to only one player, then any other player at the table has a right to see the winning hand. Note that, contrary to a common misinterpretation, “show one, show all” does not refer to the number of cards in the hole – an uncalled winning hand may expose a single hole card without revealing the other hole card.
Players may not verbally disclose the contents of their hand.
Players may not advise other players how to play a hand (“One player to a hand” rule).
Cards may not be removed or held below the table or otherwise concealed from view.
Players in hands cannot reveal their hole cards to convince other players to fold; if so, the player’s cards are considered a dead hand.
Players must keep their highest denomination chips visible at all times.
Except for small denominations used to tip for food or drinks, players may not remove a portion of their chips from the table (called going south or ratholing) unless they cash out and leave the game. Players must not sell or share chips with another player at the table.
Cards speak for themselves and prevail if a player misstates the value of his hand at the showdown.
Speaking in foreign languages at the table is prohibited.
Players should not discuss or otherwise influence the hand-in-progress after folding.
Cell-phone use at the table is prohibited.
Profanity is prohibited.
In U.S., some local laws may limit the type or nature of poker games offered in public cardrooms. For example,
North Dakota has a limitation of $25 per individual hand, game or event.
In Montana the maximum size of a won pot is $300.
In San Jose, California, no single bet may exceed $200.
San Jose cardrooms have “spread-limit” games to finesse this rule.
Florida requires that in limit games, all bets be no more than $5, while in no-limit games the maximum buyin is $100.
In Florida, poker tournaments are exempted from the betting structure rules and may use any betting structure the cardroom wishes. Tournament formats are used to circumvent gambling rules in other states as well. Unlike some other forms of gambling, tribal gaming may be subject to state laws governing poker.
Typically, online poker rooms generate the bulk of their revenue via four methods:
The rake. Rake is collected from most real money ring game pots. The rake is normally calculated as a percentage of the pot based on a sliding scale and capped at some maximum fee. Each online poker room determines its own rake structure.
Pre-scheduled multi-table and impromptu sit-and-go tournaments are not raked, but rather an entry fee around ten percent of the tournament entry fee is added to the cost of the tournament.
Some online poker sites also offer games like black jack or side bets on poker hands where the player plays against “the house” for real money. The odds are in the house’s favor in these games, thus producing a profit for the house.
Online poker sites invest the money that players deposit. Since the sites do not have to pay interest on players’ bankrolls, this method can be a significant source of revenue.
Many online poker sites offer incentives to players in the form of bonuses. Usually the bonuses are given after a certain number of raked hands are played.
In addition, several online cardrooms employ VIP Managers to develop VIP programs to reward regular players and additional bonuses exist for players who wish to top-up their accounts. These are known as reload bonuses.
Lee Rousso, the Washington State Director of the Poker Players Alliance, filed a lawsuit on July 1, 2007, seeking to have UIGEA declared unconstitutional, considering that the new law discriminated against interstate businesses and, thus, violated the Commerce Clause of the U.S. Constitution. He said that UIGEA was supported by Sen. Margarita Prentice, D-Renton, whose district contains the state’scasinos and card rooms.
On May 16, 2008, State Court Judge Mary Roberts rejected the complaint, considering that there is no prove that the state law unfairly protected gaming interests inside the state at the expense of interests outside the state, and that the state’s historically strict prohibition on gambling influenced her ruling.
“The state loves gambling, it’s a gigantic business. It’s just the state protecting its turf.” , said Lee Rousso. “We are going to win this battle. Maybe not today, maybe not tomorrow, but someday soon.”
Poker News says that Washington state Gambling Commission spokeswoman Susan Arland disagrees. She said the law is meant to protect the public from the risk of playing on unregulated sites. “You don’t know who’s behind that screen. You don’t know if the games are fair or honest. You don’t know if you get paid your winnings.”
It seems that it is very hard to make predictions on gambling, this year even more difficult than the other years, and online gambling much more difficult than the classical gambling.
008 will be a very good year for the land casinos. Las Vegas has some big problems that will allow to other entertainment centers to compete successfully with the Sin City.
After several years of standby, Atlantic City will know in 2008 a new development period by building new casinos and improving the old ones.
But Macau will be the star of this year, with the most new projects for casinos, hotels and entertainment resorts. Cotai Strip will be the new center of the gambling world.
The Europeans will have their own Las Vegas too, soon. Gran Scala in Spain is a very ambitious project. This year we will see if it is a certitude for the next years, or just a chimera.
And, to not forget Russia! Russia made no major step till now, but it is very close to invest a lot of money. And, what about the Arabian gambling? Do you bet on the development of a very powerful casino entertainment center in Dubai? The partnership with MGM Mirage is just the beginning. I know about the Islamic rules, but I bet on it.
For me, a big surprise for this year is Harrah’s Entertainment. No big new projects and, at the end of the last year, the bomb (in fact, expected since a year ago): new owners for the casino and hotel resort chain of the world’s largest provider of branded casino entertainment. The surprise is even bigger taking into consideration the successful act of online gambling ban (see UIGEA). So, my prediction is that MGM Mirage will become soon #1 in the casino entertainment industry.
As for online gambling, very bad news, unfortunately. After UIGEA in US, Canada intends to ban the online gambling too, Germany already announced the interdiction for online gambling as well as for advertising the web/based gambling. There are signs that Italy will be soon with Germany on the same part of the barricade and, from the East European countries, Romania has a draft law to ban online gambling and any other related activity since two years ago, so it is possible to discuss it very soon. In this situation, and after the agreement with US, the European Commission it is possible to change its rules about online gambling even this year. I see UK the only country of the European Union that will allow the online gambling in the near future.
It is very interesting how United States, after deciding to ban the online gambling, and by means of the media, it is very close to change the mentality and principles of the whole world about online gambling. Most of the people considered online gambling a way of entertainment as any other, two years ago. Now, the same people are very convicted that they always was against online gambling and online casinos.
A special situation for online poker. If the online poker associations from US will earn the battle to allow this game on Internet (and it is a very powerful lobby for this), all the other countries, including Germany and Canada, will say that they never banned the online poker and will make an exception from the rules. But this will not happen, anyway, this year.
But we will see a spectacular increase of the skill games.
In fact, in the United States the future of the online gambling will be decided during and after the elections stated for this year, 2008. So, when you will vote, take into consideration your own option for online gambling, too.
(These predictions are based on my own experience, do not include any other considerations, I do not claim to be in accordance with the future events, I am not implied in the gambling industry except as a publisher, and I do not advice you to use it)
The World Trade Organization, on 21 December 2007, awarded Antigua and Barbuda an annual $21 million compensation claim against the US and also approved of Antigua’s right to suspend its recognition of US copyright and trademark laws to an amount that does not exceed the value of its claim. Neither country can appeal today’s decision.
The WTO Appellate Body conclusion was that the US had the right to prevent offshore betting as a means of protecting public order and public morals, but since the US was not applying the rules equally to American operators who were notably offering remote betting on horse and dog racing, this was a clear violation of trade laws.
“It sounds like a contradiction in terms but there we have it, the tiny Caribbean nation of Antigua is now allowed the right to distribute music, movies and software produced in the US without obligations to pay US rights holders,” says Music 2.0.
“As Antigua has now been given carte blanche to distribute music as such, this has major implications globally in that companies registered in Antigua, can distribute US copyrighted music for free or for their own profit and would be to some measure, operating legally – based on this latest WTO ruling.
“As a result of the US wanting to protect the billions of dollars in domestic gambling interests above all, we now have a situation where the WTO has officially deemed it fair game for US musicians’ (and film and software producers’) products to be distributed and consumed by Antiguan businesses without any recourse to revenue. Musicians are certainly going to be thrilled that their own government has allowed a situation to arise where they are just a mere pawn in the game resulting in the fruits of their labor being given away for free to a foreign government.”
By pressing its claim, trade lawyers say, Antigua could set a precedent. Now, other countries could sue the United States for unfair trade practices. And, in the event that the world’s only superpower doesn’t comply with WTO rulings, could potentially open the door to legalising electronic piracy and other dubious practices around the world. (Domain-b).
On Friday, the US trade representative issued a stern warning to Antigua to avoid acts of piracy, counterfeiting or violations of intellectual property rights while talks continue.
The European Union, India, Canada, Australia and other WTO signatories aligned themselves alongside the Antiguan case. However, separate deals were agreed with these economies, including U.S. trade concessions to the EU in mail services and warehousing as compensation.
The European Union, Japan, and Canada have reached a settlement with the U.S. regarding its protectionist online gambling policy through UIGEA, although US tolerates some forms of online gambling, such as state lotteries and horse racing.
Remote Gambling Association made today a complaint under the EU Trade Barriers Regulation seeks to stop discriminatory practices against European operators. The complaint says is against the United States (US) for discrimination based on violations of World Trade Organisation (WTO) rules.
“We have been left with no choice but to pursue all legal avenues available to challenge the US Department of Justice for its discriminatory enforcement activities against European online gaming operators,” said Clive Hawkswood, the Chief Executive of the Remote Gambling Association.
The DOJ has repeatedly stated that all forms of online gambling are illegal, yet it continues to enforce this view only in connection with non-US businesses. In October 2006, the US enacted a new law (the “Unlawful Internet Gambling Enforcement Act”, or UIGEA) which effectively criminalised online gaming provided by foreign operators while providing exemptions for protected domestic suppliers.
“How would US investors and businessmen feel if they invested in a business in the United Kingdom based on international law commitments, and then suddenly the U.K. not only passed new laws forcing them to shut down their business, but then tried to throw them in jail for past activities while still allowing their domestic competitors to continue on doing the same thing?” Hawkswood asked.“That’s what is happening to our industry in the US,” he added.
Through the members of RGA there are 888, Bet 365, Skybet, Betfair, Sportingbet, Microgaming, Totesport, CryptoLogic, PartyGaming, Eurogaming, Playtech, and many other very known companies.
The fight for online gaming industry just started. Do you bet on US, or the EU companies?
5 U.S.C. § 2701et seq.) is a 1988 United States federal law which establishes the jurisdictional framework that presently governs Indian gaming.
The Act establishes three classes of games with a different regulatory scheme for each:
Class I: traditional Indian gaming and social gaming for minimal prizes.
Regulatory authority over class I gaming is vested exclusively in tribal governments.
Class II: the game of chance commonly known as bingo, and non-banked card games (played exclusively against other players rather than against the house or a player acting as a bank).
The Act specifically excludes slot machines or electronic facsimiles of any game of chance from the definition of class II games.
Tribes retain their authority to conduct, license, and regulate class II gaming so long as the state in which the Tribe is located permits such gaming for any purpose and the Tribal government adopts a gaming ordinance approved by the Commission, Tribal governments are responsible for regulating class II gaming with Commission oversight.
Class III: all forms of gaming that are neither class I nor II (casino-style gaming).
The Act restricts Tribal authority to conduct class III gaming.
In order for a Tribe to conduct class III gaming, the following conditions must be met:
The respective game must be permitted in the state in which the tribe is located;
The Tribe and the state must have negotiated a compact that has been approved by the Secretary of the Interior, or the Secretary must have approved regulatory procedures;
The Tribe must have adopted a Tribal gaming ordinance that has been approved by the Chairman of the Commission.
FBI has federal criminal jurisdiction over acts directly related to Indian gaming establishments.
IGRA establishes an independent federal regulatory authority for gaming on Indian lands, Federal standards for gaming on Indian lands, and the creation of the National Indian Gaming Commission.
As an independent federal regulatory agency of the United States, the National Indian Gaming Commission (Commission) was established pursuant to the Indian Gaming Regulatory Act of 1988 (Act). The Commission comprises a Chairman and two Commissioners, each of whom serves on a full-time basis for a three-year term. The Chairman is appointed by the President and must be confirmed by the Senate. The Secretary of the Interior appoints the other two Commissioners. Under the Act, at least two of the three Commissioners must be enrolled members of a federally recognized Indian tribe, and no more than two members may be of the same political party.
The Commission maintains its headquarters in Washington, D.C., with five Regional Offices, located in Portland, Oregon; Sacramento, California; Phoenix, Arizona; St. Paul, Minnesota; and Tulsa, Oklahoma.
In February 2003, FBI and NIGC created the Indian Gaming Working Group (IGWG). The IGWG’s purpose is to identify resources to address the most pressing criminal violations in the area of Indian gaming.
IGWG responsibilities:
To contact the Indian Country Special Jurisdiction Unit, if suspected criminal activities in the Indian gaming industry and IGWG has not enough resources
To determine if the alleged criminal violation is a matter of “national importance”
To make a case presentation. Following a full review, the IGWG will assist the requesting office/agency to identify and obtain resources to assist in the investigation.
To assist by providing “experts” in the investigation, allocating special funding, conducting liaison with other federal agencies, facilitating the establishment of Indian gaming task forces, and/or providing consultation.
IGWG should to:
Identify the Indian gaming establishments in their territory.
Establish appropriate liaison with Tribal Gaming Commission (TGC) members, State Gaming Commission Representatives, State Gaming Regulatory Agency Representatives, and Casino Security Personnel.
Establish liaison with representatives from the NIGC and regional Indian gaming intelligence committees.
Make proactive attempts during crime surveys to identify criminal activity in Indian gaming establishments.
Send investigators and financial analysts to training which provides them with the knowledge and skills they need to effectively investigate criminal activity in Indian gaming establishments.
Unfortunately for the online casinos and poker rooms, the agreement (signed in Geneva) is not to change UIGEA, but to compensate EU for this ban.
United States will compensate European Union especially in the domain of the trade, and mail services. In accordance with Business Week,“This compensation cannot be quantified up to the euro,” the EU mission to the WTO said in an e-mailed statement. “Nonetheless, it is clear that new trade opportunities are created for EU service suppliers in important sectors in the U.S.”
US will also provide access to research and development in the natural sciences, social sciences and humanities, and will help the European companies offering technical testing and analysis services.
“We are pleased to confirm that the United States has reached agreement … with Canada, the EU and Japan” Gretchen Hamel, a spokeswoman for the U.S. Trade Representative’s office said in a statement. “The agreement involves commitments to maintain our liberalized markets for warehousing services, technical testing services, research and development services and postal services relating to outbound international letters”. (Reuters)
EU officials declared that EU will continue to believe that it is better to regulate than to prohibit online gambling. “While the US is free to decide how to best respond to legitimate public policy concerns relating to internet gambling, discrimination against EU or other foreign companies should be avoided,” said Peter Power, EU trade spokesman.
Peter Mandelson, EU trade commissioner, said last month that he would be pressing for “substantial” compensation. European gaming companies have claimed losses of an estimated $4bn a year from the US move.
Clive Hawkswood, of the Remote Gambling Association, said he was “disappointed but not surprised” at the EU settlement. The sector’s best hope was for the EU to take its claim against the US to arbitration, given the number of European-based online gambling companies affected by the US clampdown. (Financial Times)
US is still in discussions for compensation with India, Antigua and Barbuda ($3.4bn in trade sanctions against the US), Macau and Costa Rica.
Bet on the Champions League - Find detailed, continually updated information on the Champions League, together with a history of the event and options for online betting at bet123.net. Other major sporting and betting events are also covered.
Industry: Gaming - Latest news releases for Industry: Gaming from PRWeb
online casino games - at the new Silver Oak Casino? With $750 in Welcome Bonuses, Second Chance Free Chips and great new monthly offers Silver Oak is the place to be!
poker site - More Fantastic Online Poker Signup Bonuses
One dollar chips from various Las Vegas casinos.
A set of injection molded ABS poker chips “hot-stamped” with denominations 100, 50, 25 & 10
A standard 300 piece set of ABS plastic chips
A typical U.S. bingo card
A typical housie/Bingo ticket
A typical bingo dauber, which is also used for housie tickets
