Social games developer Zynga has made an about-face in regards to moving into the real money online gambling market, announcing last week that it was in fact seeking out partners to offer online poker or casino games for real money. As recently as a few months ago the company had stated that it had no plans whatsoever to dabble in the real money gambling market, content to use its tried-and-true business model of monetizing its games by selling advertising and offering players the chance to buy additional add-ons and items within its games. The company released the following statement about [ Read More ]
Connecticut is the latest state to eye the possibility of offering online gambling for state residents, with the Mohegan Tribe (which operates the states two brick-and-mortar casinos) exploring the possibility of offering online casino and poker sites. State officials and casino executives in the state are monitoring developments in other US states as interest has been renewed in online gambling in the wake of a US Department of Justice ruling that narrowed the scope of the Wire Act. The Wire Act became law in 1961 and was originally designed to target illegal sportsbets made over the telephone but in recent [ Read More ]
Connecticut is the latest state to eye the possibility of offering online gambling for state residents, with the Mohegan Tribe (which operates the states two brick-and-mortar casinos) exploring the possibility of offering online casino and poker sites. State officials and casino executives in the state are monitoring developments in other US states as interest has been renewed in online gambling in the wake of a US Department of Justice ruling that narrowed the scope of the Wire Act. The Wire Act became law in 1961 and was originally designed to target illegal sportsbets made over the telephone but in recent [ Read More ]
Despite worries of tightening credit in China gambling revenues in Macau continue to soar, with a new record set in October for total gambling revenue taken in. October eclipsed the previous record set in August, with about $3.36 billion in gambling revenues generated in October in Macau (which is on pace to do roughly five times what the Las Vegas Strip will pull in for 2011). Revenues were up 42% over the same period in 2010, with one of China’ “golden week” holidays helping boost numbers for October. Macau offers the only legal opportunity for many Chinese residents to gamble, [ Read More ]
There are many factors that go into evaluating an online casino’s quality. It is important that they have good software, are tightly regulated and monitored, have a good selection of games, offer generous bonuses and more. Aside from safety concerns, though, the most important thing is how much money they pay out. All regulated online casinos (and you should never play at unregulated casinos) have payout standards to which they must adhere. The regulators will set a minimum payout rate and the casino must have a payout rate, on average, that meets or exceeds that rate. There is still room [ Read More ]
Donald Trump has joined the chorus calling for legalized online gambling in the US, pointing to millions in potential revenue that is leaving the country and going to offshore sites. “It should be approved here,” Trump told The Associated Press in an interview on October 20. “An awful lot of money is leaving the U.S. that should and could stay in this country.” The interview was in response to a filing from Trump Entertainment that signaled plans to set up a joint venture to offer online casino and poker games if laws in the US changed to allow it. The [ Read More ]
Social games developer Zynga has continued its push into the gambling sector, unveiling casino games and bingo to go along with its popular Zynga Poker offering. Zynga Casino and Zynga Bingo will provide pretty much what their names suggest, giving players the chance to try their hands at slots, bingo, blackjack, and other popular games via Facebook and mobile apps. All of Zynga’s games are free to play and for play chips only, with the company insisting that it has no plans to challenge existing online casinos by ever offering online gambling for real money. Zynga’s games are tightly integrated [ Read More ]
To gamble means to “bet on an uncertain outcome” or to “stake something on a contingency: take a chance,” according to the Merriam Webster Dictionary. The implication is that gambling is risky. That is true. It does a disservice to gloss over that and pretend that it’s just a fun pastime with no risk. The people who say that gambling is dangerous are right. It certainly can be if you are not smart about it. That is why gambling smarts are so important. While I hate to make broad generalizations, I’m going to here for the sake of the blog. [ Read More ]
Huck Seed Hits Huge Video Poker Jackpot Poker pro Huck Seed made headlines last week for a big score in a slightly different game, winning a $670,655 video poker jackpot while playing at the Aria casino in Las Vegas. Seed was playing for $500/hand chasing the progressive jackpot when he hit a royal flush and had been playing for more than 6 hours when it finally hit, erasing a $50,000 loss and giving him one of the biggest paydays of his gambling career. Seed is considered one of the best all-around poker players in the world, having won WSOP bracelets [ Read More ]
Today we want to let you know about free online casino games from OnlineCasino.net. Before you get too excited, no there are no free games at the website. Don’t be misled by the title. There are no games there at all, since it’s not an online casino. The website is an online casino directory and review site, just like this one. So why would you check out OnlineCasino.net when you already have a great site here at Gambling Review? That’s a good question. While we would love for you to find everything you need here, sometimes it helps to get [ Read More ]
