Other countries like Italy, who first banned all forms of web based wagering, are now moving to complete legalization through proper regulation. Spain and South Africa are following suit, helping to bring Internet gambling acceptance to the global marketplace. There are some countries, like Germany and France, who are leaning towards prohibition, but their purpose is to protect land-based casino gambling operations. However, protectionism goes against European Union standards and many challenges lay ahead for the liberal continent. At the opposite end of the debate, the United States has declared a prohibitive stance towards the industry citing moral issues as their argument, however they do allow brick and mortar casinos, lotteries, bingo halls, and horse racing tracks to operate legally on their land.
The Internet gambling industry changes on a month-by-month basis. Keeping up with all the current events and latest newsworthy happenings takes time and devotion. It is our duty and pleasure at Casino Gambling Web to perform this job on your behalf. We take great pride in delivering quality and relevant news pertaining to the industry so be sure to stay tuned.
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SWITZERLAND SWISS APPROACH to CASINOS PROBLEM GAMBLERS
http://www.igwb.com/Articles/Market_Outl
Embeding Social Responsibility
by William N. Thompson Posted: July 11, 2008
Imagine a casino throwing out a player who is gambling too much. It happens. And when thrown out the player might never be able to enter a casino anywhere in the country again.
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Other countries like Italy, who first banned all forms of web based wagering, are now moving to complete legalization through proper regulation. Spain and South Africa are following suit, helping to bring Internet gambling acceptance to the global marketplace. There are some countries, like Germany and France, who are leaning towards prohibition, but their purpose is to protect land-based casino gambling operations. However, protectionism goes against European Union standards and many challenges lay ahead for the liberal continent. At the opposite end of the debate, the United States has declared a prohibitive stance towards the industry citing moral issues as their argument, however they do allow brick and mortar casinos, lotteries, bingo halls, and horse racing tracks to operate legally on their land.
The Internet gambling industry changes on a month-by-month basis. Keeping up with all the current events and latest newsworthy happenings takes time and devotion. It is our duty and pleasure at Casino Gambling Web to perform this job on your behalf. We take great pride in delivering quality and relevant news pertaining to the industry so be sure to stay tuned.
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The London-listed AsianLogic (www.asianlogic.com) revealed further details on the agreement signed with Philippine-based Leisure Resorts and World Corporation (LRWC) for a planned sportsbook operation.
AsianLogic has sold its domestic sportsbook operation in the Philippines in an all paper transaction. Together with a third party international sportsbook operator, AsianLogic will be issued up to 342 million LRWC shares or about a 30% stake in LRWC to be realized in three years. Under the MOA, AsianLogic will assist LRWC in expanding the number of betting outlets and number of sports offers to punters with the aim of boosting betting turnover and profits.
AsianLogic will also invest US$4.5 million in LRWC in part shares and part purchase of treasury equating to about 8% of the expanded LRWC share capital. LRWC will utilize about US$1 million for development and infrastructure work in projects via its LRWC subsidiary, First Cagayan Leisure and Resorts Corporation, the Philippines master franchisor for online gaming. LRWC will use the remaining US$3.5 million for setting up a new landbased gaming entity in Metro Manila, Philippines.
AsianLogic and LRWC will be coming out with a more detailed announcement on the aforementioned transactions in the next couple of weeks.
AsianLogic has also been busy in acquisitions in recent months to increase its presence not only in Asia but also in Europe.
Aside from closing a US$24 million transaction with a leading Asian e-gaming operator in the next couple of months, AsianLogic has also announcede that it has invested US$3.4 million for a significant minority stake in a European gaming solutions provider. This move the company believes will complement its existing product range currently provided by gaming developer Playtech Limited (www.playtech.com).
AsianLogic also re-announced its intent to push through with six tournaments in 2009 for its Asian Poker Tour (www.asianpt.com) after its successful maiden event in Manila. AsianLogic will hold three more APT events this year in Macau in August, in Korea around October and a culminating event in Singapore in December.
It also announced that it has agreed terms with a leading Macau hotel and casino to operate an APT Poker Room within the hotels premises to address increasing demands for more poker facilities.
In a related announcement, AsianLogic Director Christopher Parker vacates his CEO post with the company and moves over to the Asian Poker Tour to handle CEO duties. Director and current Vice Chairman Thomas Hall replaces Parker and will assume CEO duties for AsianLogic.
Commenting on the announcements, new AsianLogic CEO Thomas Hall said:
“These results reflect the successes AsianLogic has enjoyed and demonstrate the Company’s continuing growth as a listed entity. We believe that the acquisitions and joint ventures announced today will strengthen, complement and expand our existing operations. My new role in the company provides me with the opportunity to ensure all appropriate opportunities are secured and developed to the maximum benefit of the Company.
“For the Asian Poker Tournament, opening a poker room in Macau - the gaming capital of Asia - will cater to the growing demand for poker facilities as well as providing us with excellent cross marketing opportunities for our online brands and online initiatives. A big part of our future strategy is to combine our online revenues with those that can be derived from slot clubs, bingo halls, sports betting venues and other land based, regulated gaming venues and to leverage both channels wherever possible.
“Our core gaming activities are performing strongly and the accretive benefits from acquisitions and investments coming into play from Q3 onwards. We have added several key senior staff members so as to enable the Company to cope with its planned growth.
Read more...
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"Why don't you just get lost?"
The words, tossed out at the end of an otherwise unremarkable marital dispute, slapped Wayne Davies a lot harder than they should have.
"It just hit me and pierced my heart," Davies said. "I got my feelings hurt, and I just took it like a little kid."
He ran.
He was in the truck 10 minutes before he realized he had pointed it toward a Council Bluffs casino. Davies, a retired shipbuilder and longtime advocate against the spread of gambling, was headed back to the slot machines that once cost him his dream home, his quiet California retirement and nearly everything else he owned. According to Davies, gambling was a mistress he thought he'd left behind when he moved to Iowa and rediscovered the Bible roughly 13 years ago.
"It was unplanned," he said. "There was no intention. It just kind of snuck up on me."
So, while West Des Moines police searched for the "lost" 68-year-old heart patient, Davies burned up 36 hours and roughly $1,300, one casino-cashed check at a time.
But Wayne Davies ultimately found his way back. And he wants you to understand.
"I don't feel this time that I fell, so much as I stumbled," Davies said in a meeting room at the Valley Junction church where he still presides over a weekly anti-addiction support group. "You don't get ahead by looking back. ... You get ahead by looking forward."
Iowa experts figure that up to 5 percent of the population wrestles with some form of gambling addiction, but there are no statistics on how those people fare in long-term battles with their demons. The best Iowa survey says slightly fewer than 71 percent of problem gamblers can expect to be gambling-free six months after they finish addiction treatment.
Most should expect to feel that familiar pull for the rest of their lives, said Lisa Pierce, director of the nonprofit Central Iowa Gambling Treatment Program. If they are successful in treatment, most will manage to turn somewhere for help before they get too far out of control.
"There are always going to be certain things that trigger it though life as crises come up," Pierce said. "You're always going to be compulsive. You're always going to have compulsive tendencies."
Davies, a San Francisco-area shipbuilder, gambled for the first time as part of all-night excursion with his work buddies to Lake Tahoe on the California-Nevada line. He was 21. Over the next few decades, he and his wife and two children made frequent weekend trips to casinos, mostly in Reno, Nev. They'd spend the night, see a show and play some slot machines. It was fun.
As time passed, however, freeways sprang up and made it quicker and easier to get to Nevada. Davies' children grew up and moved away. He began to gamble longer and longer during the trips. His wife, who didn't like his refusals to quit, began to stay behind.
By the mid-1990s, the debts had begun to pile up. Chunks of money intended for a new house found their way into the slot machines. By the time the couple's retirement home was finished, there was too much debt to afford the payments.
Finally, during a visit to his son in Iowa, Davies' granddaughter told him he needed to accept Jesus into his life.
"I just buried myself in the Bible, and that's what got me out of it," he said. "None of my ways was ever going to do it."
A few years later, in 1997, Davies paid the city of Madrid $1 for the deed to a dilapidated old movie theater. The plan was to refurbish and reopen it as a venue for good, old-fashioned family-friendly films from the 1940s and '50s. Down the road, there was supposed to be a restaurant and maybe an addiction treatment center next door.
"This shows what a dollar and a dream can do," former Vice President Dan Quayle said in a pre-caucus visit to the theater in 1999.
But there were never enough dollars, so Davies ultimately abandoned the dream. He moved to West Des Moines.
Today, he uses space at the Valley Junction Church of God to run Family Tyme, a nonprofit organization set up as part of the theater project. He's been working with experts, including Pastor David Redden, and hopes to train people to run support groups similar to the one he leads on Tuesday nights at the church.
"Wayne is not doing the training," Redden said. "What he's doing is saying, 'These people need help like I need help.' "
Twelve people are lined up for classes that begin later this month. The focus, according to Davies, will be simple: Live by the Bible.
You don't have to be perfect. You just can't let anything knock you too far off the path.
For his own part, Davies says he's worked to cut expenses and eliminate bills and the stress that leads to his weakness.
"I don't think I should ever get the attitude that I don't need a support group like this," Davies said. "I can't do it for them. I can only encourage them. But I know the way."
Now, especially.
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12 May 2008By Maria Ermakova / BloombergOleg Boiko, who controls Eastern Europe's largest gaming company, said his businesses planned to raise $1.5 billion this year to fund expansion in gambling, retail and real estate.
Ritzio Entertainment Group will seek $500 million to buy gaming chains in Europe and Latin America, while the Finstar holding company will look for $1 billion of new funds to bolster its store chains and property unit, Boiko said in a recent interview. The money will be raised through loans, bond sales and investment by individuals, he said.
Ritzio wants to open gaming halls outside Russia, where the government is confining gambling to four regions beyond the nation's main cities in July 2009. The company will sell shares in London when markets permit, said Boiko, whose Finstar is adding to its property and retail units as a 10th straight year of economic growth fuels Russian incomes.
"Foreign gaming outlets are showing quite high sales growth and also high profitability," said Boiko, who is ranked the country's 65th-richest man by Forbes magazine, with an estimated wealth of $1.5 billion. "In Russia there is more money, incomes are rising very fast and there is low competition, especially in food retailing industry."
Cyprus-based Ritzio last month added slot-machine halls in Serbia, its 15th country, and may open in Spain and some former Soviet states, such as Moldova and Kyrgyzstan, said Boiko, who owns around three-quarters of the company. It is also studying Japan and aims to expand in the Czech Republic, Romania, Columbia and Ukraine.
Germany, where Ritzio has 160 gaming clubs, and Italy also are targeted for acquisitions. In both countries, the three main operators control less than 5 percent of the market, Boiko said.
Russian gaming sales more than quadrupled to 185 billion rubles ($7.95 billion) in the six years through 2006, according to the Russian Union of Industrialists and Entrepreneurs. Ritzio has more than 1,000 outlets from casinos to bars, 400 of which are in Russia.
"All gaming companies are looking at Western and Eastern Europe because they are not sure what will happen to the gaming business in Russia and what returns they may get from operations in one of the four zones," said Julia Gordeyeva, an analyst at ING Bank.
Ritzio, whose chains include Vulcan, Million and X-Time, plans an initial public offering "as soon as the market's condition allows" and will seek $300 million to $400 million in a sale if it is held next year, Boiko said.
The company's international unit sold $280 million of notes last year to help fund expansion outside Russia.
Boiko, who said he started earning money by teaching karate in high school, opened his first Olbi Diplomat stores in Moscow in the early 1990s, selling goods to diplomats and foreigners for foreign currency. He co-founded Evraz Group, now the country's second-largest steelmaker, in 1999 and was its chairman until selling his holdings in 2004.
After graduating from the Moscow Aviation Institute with a degree in radio electronics, he began expanding Ritzio with partners in 2002 after buying a stake in the Vulcan chain. The billionaire owns almost all of Finstar and controls more than 75 percent of Ritzio.
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I live in lincoln and the 24 gambling is a joke. Once again the politicans have their heads do far up their butts where the sun doesn't shine. Of course, i blame the former administrator, Sue Sheppard, who ran to another politican whose name is nothing more than something you wipe your shoe off after you stepped in it, thats right, senator montalbano. He filed a bill and changed the law, taking away the park's decisions to stay open from the tax payers to the knuckleheads at the state house. Is amazing, I think if you added up all of the iq's at the general assembly, you might get 100. As far as im concerned, their all perverts and crooks.
when i die someday, i hope i can see all of them burn in eternity in the devil's general assembly.
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The Bible does not directly address the term gambling, so we look for Biblical principles and use our common sense that God gave us to come up with some answers.
Here was my discussion.
1. Some of the problems with recreation gambling are very similar to drinking alcohol; while not necessarily evil, it is bad stewardship of God's resources.
2. $5 on the lottery can easily become $10 and so on and so on. Easy to become addicted. Playing once a week is addiction. Addiction is idolatry and, therefore, sin.
3. Gambling in public can be a stumbling block to both believers and non-believers witnessing the act.
4. What every person really needs to analyse is why did he does it. If there is a hint of that he wanted to win and willing to put his trust in a game of chance over putting trust in Christ to take care of your needs, it is blantant sin. We all kinda work on this "I deserve for things to be easy. I deserve for things to be fun." That is false -- what we deserve is a cross and God will bless at His discretion and for His glory, not our comfort or recreation.
5. 1 Timothy 6:6-11 says, "But godliness with contentment is great gain. For we brought nothing into the world, and we can take nothing out of it. But if we have food and clothing, we will be content with that. People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
But you, man of God, flee from all this, and pursue righteousness, godliness, faith, love, endurance and gentleness."
There is a lot of evidence that the griefs from verse 10 right there are well documented. Losses mount up and damage is extreme.
6. God spoke through Isaiah about the nation of Israel putting trust in fortune rather than Him. I have never looked at these comments in a large context. Here is how God dealt with the Israelites on their gambling issues and looking to Fortune as their guide in Isaiah 65:11-12 --
"But as for you who forsake the LORD
and forget my holy mountain,
who spread a table for Fortune
and fill bowls of mixed wine for Destiny,
I will destine you for the sword,
and you will all bend down for the slaughter;
for I called but you did not answer,
I spoke but you did not listen.
You did evil in my sight
and chose what displeases me."
I think in this case the placing of trust in Fortune is a mirror of a heart that is far from God. All hearts far from God are destined for the sword.
Proverbs 16:33 says this:
"The lot is cast into the lap,
but its every decision is from the LORD."
7. Basically, gambling is covetness. There is a pool of money out there and we don't trust that God will give us a sufficient amount of it to be able to live in Biblical contentment (or it is greed because we think that we deserve to live better), so we attempt to increase our material ability without Him. God does not use gambling to issue His wealth. He will always choose solid distribution methods.
8. We need to take our resources and "love our neighbor" from the Great Commandment.
9. The church would have to refuse the money from a lottery win if we knew of the source. When churches have accepted gambling money knowingly, God has put them out of business. Would we enact church discipline on someone who wanted to give lottery winnings to the church? I don't know about church discipline, but it would be a little embarrassing having a member accepting a big lottery check.
Commentary from gotquestions.org:
"Many people claim to be playing the lottery or gambling so that they can give the money to the church, or to some other good cause. While this may be a good motive, reality is that few use gambling winnings for godly purposes. Studies show that the vast majority of lottery winners are in an even worse financial situation a few years after winning a jackpot than they were before. Few, if any, truly give the money to a good cause. Further, God does not need our money to fund His mission in the world. Proverbs 13:11 says, Dishonest money dwindles away, but he who gathers money little by little makes it grow. God is sovereign and will provide for the needs of the church through honest means. Would God be honored by receiving donated drug money, or money stolen in a bank robbery? Neither does God need or want money that was "stolen" from the poor by the temptation for riches."
I guess we could take the approach that 'Satan has had that money long enough." HA!
This is a pretty solid commentary: --
Click Here.
gotquestions.org:
"Gambling is a difficult issue because if it is done in moderation and only on occasion, it is a waste of money, but it is not necessarily "evil." People waste money on all sorts of activities. Gambling is no more or less of a waste of money than seeing a movie (in many cases), eating an unnecessarily expensive meal, or purchasing a worthless item. At the same time, the fact that money is wasted on other things does not justify gambling. Money should not be wasted. Excess money should be saved for future needs or given to the Lord's work - not gambled away.
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Casino bonuses are offered by some online casinos so that they can encourage their players to keep playing in their site. Some casino bonuses offer free money for certain games. Casinos offer online poker bonuses in order to attract new players and to retain their existing players. Casino bonuses come in a variety of forms including sign-up/deposit bonuses, monthly bonuses and one-off special bonuses.
www.sportsbook-watch.com offers free casino bonus listings. Free cash offers, no deposit casinos, A-Z casino listing, Casino banking options and the best gambling links. The casinos featured here offer excellent first time deposit bonuses, fantastic casino games, top casino software and the most reliable casinos on the net.
Some gambling websites have written their own proprietary software, but most of the operations today use third-party software providers who sell their wares to multiple operators.
Gambling online is not only safe, secure and convenient but playing online you'll also have a better chance at hitting combinations in slots or hitting a Royal Flush in video poker. Land based casinos have huge expense associated with them such as the initial expenses for the infrastructure and building which can often times exceed 2 billion dollars, the games and tables within the building, and they also have huge operating expenses associated with them as well.
Gambling online is definitely like the real thing. However, here, instead of you walking around for the right game to play whether if it is pokers or slot machines, all you need to do is type or click the game you want to play.
Internet casino gambling online allows people to gain some helpful internet gambling insights from their fellow online gamblers. In some cases, online gamblers engaged in online chatting develop an offline relationship. Internet transactions-such as online gambling-can be made safe for children.
Sports gambling online is not just gambling is also a lot of fun. You get to not only enjoy watching your favorite game but place a bet and make a few dollars should you be lucky and have your facts right about your team. Sports gambling online is not for novices or amateurs that are not willing to part with some of their money. If you want to win big at sports gambling online, you need to also know how to lose at sports gambling online.
For more detailed betting information visit www.sportsbook-watch.
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PROVIDENCE -- The state Senate late this afternoon approved the House-passed version of legislation to allow 24-hour gambling on weekends and holidays at Rhode Island's video-slot emporiums: Twin River in Lincoln and Newport Grand.
The bill cleared the Senate in a 29-to-6 vote.
The approval was expected and marks the final legislative vote. The bill will go to the governor.
Governor Carcieri said at an impromptu new conference earlier today that he will "most likely" veto the bill, which won House approval last night.
(The House and Senate each passed their versions of 24-hour gambling yesterday. As is customary at the State House, Senate members had to approve the House version of the bill, and vice versa, if one or both is to become law).
Read coverage of the gambling-hours expansion debate and vote in the House last night.
-- projo.com staff writer Michael P.
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