Daily Archives: March 31, 2021

You may want to invest but you dont know where and how. If this is the case and you also have limited funds, invest in casinos, in online ones. The gambling business is extremely popular at the moment. You have countless casinos on the web. They all offer gambling games for players from all parts of the globe. This type of investment will make you a part of this industry. But, why you should know more about casino investment?

The first and the main reason why you will invest in online casinos business is the most obvious one. You can make a lot of money, period. This type of investment has better odds for giving you back massive profit than almost anything else. More and more people will gamble meaning more money will be in the industry. So yes, this investment is worth it, period.

Add the fact that the industry has been developing faster than anything else and you can see another advantage. This also means that you can make an even higher profit in the future. More casinos are offered, more games are developed and better bonuses are present. In 2021 we can see a massive increase that is going to last indefinitely.

If your funds for investment are limited, you should pay a close attenuation to the low deposit casinos. Always take a deep look into the review of these sites, something you can find at https://casinosters.com/minimum-deposit-casinos/ and take your time. A low deposit casino can be the best type of investment and also the most appealing one.

As with every other investment, you will need to plan and take your time. But, you can gamble whenever you like which will relax you and give you satisfaction. Always keep in mind that these investments are fast and can help you make a massive profit.

Regardless of are you using online gambling stocks or playing casino games, sites of this kind are developing fast. Already we can see countless implementations of modern and futuristic technology. A new casino is a masterpiece and a sophisticated one.

What all of this means is that you will get an even better return in the future. Yes, this sounds the same as the first point here, but it will be completed in a different way, hence it must be mentioned. Gamblers like new games and new features. They want to experiment with them meaning your profit can be only higher.

You can trade or better said invest in casino stocks. Thanks to great bonuses, online investment of this kind will fact will attract new players, meaning stocks will go up. You will make a profit, period. Depending on your investment, you can get a lot of profit almost instantly.

Keep in mind that the best gambling businesses to invest are casino games and sports betting alongside the aforementioned stocks. All of these come with the benefits and advantages we have listed above so there is no need to repeat them. Of course, there are a lot of other investment options you can use and all of them are appealing.

You can start with the smallest investment possible. This can be done at all minimum deposit casinos. They are also known as low deposit sites and they are appealing. For instance, you can start with $5 only, win big and play with more funds. You will also get a promotion that will maximize the amount of funds you have on your account. All of this means that you can play with more and obviously win more.

This can be done by users in the UK, US, and all other countries. All you need to do after that is to play, period. You will make a profit and you can invest it as well. You can use the same method or you can use another one, it is up to you. Just keep in mind to follow the trends and make sure you use bonuses.

An online casino business opportunity is something all gamblers know about and something you should learn today. This can help you get a massive amount of profit within days or weeks and you can increase that profit as long as you want. These investments are easier than any other and come with better perks.

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Why Should You Invest in the Gambling Business? - GISuser.com

Posted: Mar 30, 2021 / 09:02 AM CDT / Updated: Mar 30, 2021 / 09:02 AM CDT

Wis. (WLAX/WEUX) Online betting and compulsive gambling are on the rise amid the pandemic, March is Problem Gambling Awareness Month. Its a time to take a closer look at the issue and the impact in Wisconsin.

While casinos were shut down last year many people turned to online sites.

March Madness has only proven to fuel the fire, with an estimated 10-billion dollars in bets placed on the NCAA basketball championship games each year.

The Wisconsin Council on Problem Gambling says every year when March Madness rolls around, calls to their helpline spike 30 percent. In 2020, they received a record number of calls. Nearly 17-thousand contacts compared to 2019s 12-thousand helpline calls.

Rose Blozinski, Wisconsin Council on Problem Gambling, Executive Director said, There are virtual casinos, there are sports betting, there are all kinds of things, you can be sitting right next to somebody and be gambling on your phone and nobodys going to know that, because with a gambling addiction nothings being ingested like there would be with other addictions so its easy to hide, it can go on much longer than other addictions.

The Wisconsin Council on problem gambling has a number of 24-hour resources available for those who may need help.

They also hold virtual gamblers anonymous meetings on a weekly basis via Zoom.

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Wisconsin gambling addiction on the rise - FOX 25/48 - WiProud.com

MARK PAZNIOKAS :: CTMIRROR.ORG

Gov. Ned Lamont and Rodney Butler, the Mashantucket Pequot chairman, left with a laugh and a fist bump.

Behind the smiles, tension remained. But Gov. Ned Lamont and the leaders of the Mashantucket Pequot and Mohegan tribal nations gathered Thursday to publicly celebrate coming to terms on how to bring sports betting and online gaming to Connecticut.

All pledged to work for passage by the General Assembly of a bill codifying their pact, then seek its ratification by the Department of the Interior and Bureau of Indian Affairs all in time for the tribes and CT Lottery to take bets on NFL football in September.

The two tribes, ancient enemies and recent allies, had awkwardly split weeks ago. Losing patience with the Pequots, the Mohegans and Lamont administration publicly outlined their terms to gambling expansion, not waiting for the other tribe.

With a joint press release last week, the Lamont administration and the two sovereign tribal nations announced a tripartite agreement. On Thursday, they gathered on a stone plaza outside Norwich City Hall to mark the moment.

Rodney Butler, the chairman of the Pequots, arrived last, leading a contingent dressed in identical ribbon shirts, a ceremonial garment.

MARK PAZNIOKAS :: CTMIRROR.ORG

Rodney Butler of Mashantucket Pequots addresses Gov. Ned Lamont and James Gessner Jr. of the Mohegans.

They stood on one side of the lectern with their ally, Sen. Cathy Osten, D-Sprague, whose district is home to both tribes and their casinos, Foxwoods Resort and Mohegan Sun. Lamont and James Gessner Jr., the Mohegan chairman, stood on the other.

Governor, we had our moments throughout this process, Butler said. And I really do appreciate the fact that you stuck with it. There are many times where you could have walked away. I mean, you probably should have walked away, as well as myself and Chairman Gessner, but we all had cooler heads at the table.

Ill just pick up where Rodney left off. Every negotiation has its twists and turns, Lamont said. First thing I told our team is we start with respect. These are two amazing tribal nations who have been here long before Connecticut got here and may be here a long time after. And theyve been great partners, going back a generation.

They could have used someone from the State Department to arrange the guest list, the order of the participants arrival and their turns at the microphone. They settled for a U.S. Congressman, Joe Courtney.

Courtney, a Democrat who has represented both tribes and the rest of eastern Connecticut since 2007, moved easily among the groups, untouched by the hard-nosed negotiations that ended a multi-year stalemate over gambling expansion.

The U.S. Supreme Court lifted restrictions on sports betting in 2018, igniting a race to open sports books. Rhode Island and New Hampshire are in the business, as is New Jersey, one of Connecticuts competitors for casino gambling dollars.

Other states definitely moved out quicker than the state of Connecticut, Courtney said. But were here today, because I think in our state we did it the right way, because it was recognizing that the gaming operations down at Foxwoods and Mohegan are different than just sort of commercial enterprises private-sector, commercial enterprises. Were talking about tribal governments.

The co-chairs and ranking members of the legislatures Public Safety and Security Committee, which has jurisdiction over gambling legislation, were invited the previous day. Others, including Osten, didnt get an emailed invite from the governors office until 9:55 a.m., an hour and five minutes before the event.

The governors office said it was an oversight, not a slight.

Butler turned to Osten and called her dear friend.

Youre a member of our nation, Butler said. Our heart is your heart, and vice versa. And we cant thank you enough for your passion, your commitment and your drive, to see that were treated fairly and equitably throughout this region in recognizing what we commit, what we do for the state.

No lawmaker was party to the talks.

Each tribe sees sports betting as a way to bring gamblers back into their sprawling casino complexes, which have reopened to slow business after closing due to COVID-19.

Thatll drive foot traffic to the property, Butler said, adding that the online gaming will expand the customer base. You know, the western edge of the state is two and a half hours away. Thats a long drive to come to Foxwoods or Mohegan. So in the meantime, when youre not visiting us and enjoying yourselves on property, you can be doing it from the comfort of your home.

Both tribes carry about $2 billion in debt, but the Pequots are struggling and recently missed a $250 million payment to lenders.

That was a timing issue, Butler said later. The tribes lenders have extended the forbearance agreement under which the tribe is operating since defaulting on $2.3 billion in debt in 2009. It took five years to restructure the debt.

That doesnt limit us in anything we do, he said.

While the Mohegans carry similar debt, they have diversified to other gambling markets.

While Butler opted for ceremonial garb, Gessner wore a dark suit, white shirt and tie. Other members of his council were attending to other business.

We look forward to bringing the skill and expertise weve developed in our property here in Connecticut, and around the world, to these new services, Gessner said. As a matter of fact, at this very moment, we have tribal leaders from my council marking the opening of the first casino on the Las Vegas strip to be run by a tribal nation.

After the ceremony, Butler and Lamont fist-bumped.

Rep. Maria Horn, D-Salisbury, the new co-chair of public safety, dismissed any lingering tensions.

Everyone came out of this a winner, Horn said. Remember that.

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Tensions, and a fist bump, at ceremony marking gambling deal - The CT Mirror

Spains Minister of Consumer Affairs has made public the ministrys plans to introduce changes to the countrys taxation on gambling and sports betting operators.

Alberto Garzn, Spains Minister of Consumer Affairs, shared his departments plans to revise the taxation of gambling and sports betting operators across the country in an interview with Europa Press radio. The minister revealed that Spains Ministry of Consumer Affairs and the Ministry of Finance are discussing potential new formulas to the tax regime, although there is no definite proposal yet.

Garzn highlighted that the Ministry of Consumer Affairs will focus on the challenges arising from brick-and-mortar venues. The minister said that the gambling regulation of physical sites is in the hands of the countrys autonomous governments, and as a result the legislation differs across the various communities. The objective is to create unified regulations applicable to all 17 autonomous communities.

The initiative was initially announced in the end of 2020 and consists in establishing a new agency responsible for harmonizing the countrys federal gambling rules and standards. Apart from the standardized laws, the ministry will aim to create a federal self-exclusion scheme and an online gambling player registry. This step is a crucial part of the Ministry of Consumer Affairs phase 2 of revising Spanish gambling laws.

Additionally, the head of the Ministry of Consumer Affairs emphasized that the pandemic has led many people to spend more hours gambling as a way to cope with the situation and its negative consequences. And although the opening hours of the establishments have been reduced, the chances of potential health problems have increased greatly.

Garzn said that Spains physical betting venues are becoming a preferred place for entertainment among the younger population, which is a social issue and should be addressed.

The leisure model of cities is another major challenge, Garzn added:

Cities that have more gambling houses than green parks, the message that is passed on to people is the leisure of young people has to be done there and that is a starting problem that the pandemic exacerbates.

Garzn indicated that the pandemic has had a negative impact on public health in terms of gambling consumption, but it is still too early to draw conclusions.

In January, the director-general of Spains gambling regulator, the Direccin General de Ordenacin del Juego (DGOJ), Mikel Arana, said that Spain does not have a public health problem related to gambling. The regulators head commented on the results of studies carried out by the DGOJ itself and the National Plan on Drugs.

As a response to this statement, Spains digital gaming association said it is proof of the conscious arbitrariness and disproportionality behind the Royal Decree that introduces a series of restrictions on the sector.

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Spains Ministry of Consumer Affairs Warns of Gambling Tax Reform - GamblingNews.com

NORFOLK, Va. (WAVY) For the second time this month, Norfolk police have charged individuals in connection with alleged illegal gambling at a local vape business.

According to a Norfolk police news release, investigators executed a search warrant around 10:50 a.m. Thursday at Dragon Vapes, at 846 E. Little Creek Road, after receiving reports about illegal gambling at the business.

After the search at the business, detectives charged two people with gambling-related offenses and seized illegal gaming stations, computers, and more than $5,000.

Jimmie W. Hicks Jr., 55, of Advance, North Carolina, is charged with possessing illegal gambling devices.

Monika S. Torrence, 35, of Norfolk, is charged with being an accessory to gambling activity.

Norfolk police said the departments Anti-Crime Division is working to crack down on illegal gambling in the city.

Dragon Vapes was one business mentioned in a 10 On Your Side investigation last month about illegal gambling.

On June 23, 2020, Norfolk City Council voted to deny the businesses conditional use permit for operate as commercial recreation centers with skill games.

As of Feb. 1, 10 On Your Side witnessed the shop and two others in Norfolk open for business. All three could not be found on the statesskill machine database. Calls to the applicant Jeremey Jones seeking comment were not returned.

On March 3, police executed a search warrant at Lucky Vape Lounge located at 1202 E. Little Creek Road.

Two people were charged in that incident: Ann P. Baker, 53, of Portsmouth, and Major J. Riley III, 64, of Chesapeake, are charged with possessing an illegal gambling device.

Police said they seized multiple illegal gaming stations, computers, and approximately $1,600 from Lucky Vape Lounge.

Anyone with information is asked to call the Crime Line at 1-888-LOCK-U-UP (1-888-562-5887) or submit a tip online.

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Norfolk police continue crackdown on illegal gambling; 2nd vape shop charged this month - WAVY.com

T

he UK Gambling Commission has published January and February operator data about online gambling behaviour in Great Britain.

Activity in the online market declined following a traditionally busy period in December, with a decrease of 4% in active accounts and 6% in bets, while gross gambling yield (GGY), decreased by 19% from December to February.

Slots GGY decreased by 1% to nearly 177 million during the period from December to February. The number of bets also decreased 7% to below 5 billion, while the number of active accounts remained steady after peaking at 3 million in January.

The number of online slots sessions lasting longer than an hour decreased by 1% to 2.5 million between December and February after peaking in January at 2.6 million, up 4% since December. The average session length remains steady at 21.5 minutes, with around 9% of all sessions lasting more than one hour.

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UK online gambling yield down 19% in first two months of the year - Yogonet International

The Andrews Labor Government, via the Victorian Responsible Gambling Foundation, will invest AU$600,000 (US$460,000) in new research to examine the impact of Covid-19 on gambling harm.

The funding will come from round 11 of the organisations annual Grants for Gambling Research Program, with the theme of the round to be centred around Gambling in Victoria in 2020 - Covid-19 and beyond.

We know that throughout the pandemic and the associated lockdown, some Victorians benefitted from an enforced break from in-venue gambling, while others found it incredibly challenging, said Melissa Horne, Minister for Consumer Affairs, Gaming and Liquor Regulation.

To be able to plan and respond to gambling harm effectively, we need to know how COVID-19 affected gambling behaviours. This funding will be incredibly beneficial in understanding how those vulnerable to gambling were impacted by the pandemic.

The implications for associated behaviours and harm will also be analysed, with investigative grants of AU$150,000 over three years to be awarded to three separate research projects. Two mid-career researcher grants of AU$100,000 over two years have also been awarded, as well as an early career researcher grant of AU$50,000 over 18 months.

Victorian Responsible Gambling Foundation CEO Shane Lucas added: The most recent publicly available data shows online race and sports betting increased by 30% compared to the same period the year before. Its critical we understand and learn from these changes in gambling behaviour.

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Victorian Responsible Gambling Foundation to investigate impact of Covid-19 on gambling harm - Gambling Insider - In-depth Analysis for the Gaming...

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SoftSwiss is delighted to announce that the companys Game Aggregator has now received a B2B licence from the Malta Gaming Authority (MGA). Its a major milestone for SoftSwiss allowing to expand the reach of the Game Aggregator even further within Maltas jurisdiction, but also strengthening partnerships with the companys existing clients.

The Malta Gaming Authority is one of the most renowned gaming jurisdictions and licensing bodies in the world. It aims to make sure that all online operators are operating fairly, legally, responsibly, and with player safety in mind. Obtaining the MGA B2B licene will allow SoftSwiss to extend the reach of its Game Aggregator enabling new exciting partnerships with providers holding their own MGA gaming licence.

Consequently, from now on the SoftSwiss Game Aggregator is a great opportunity for MGA-licensed operators to enhance their game menu with thousands of fabulous games through the partnership with the proven technology provider.

Max Trafimovich, CCO at SoftSwiss noted: We are happy to receive the MGA B2B licence for our Game Aggregator solution. Its a significant step forward in our journey, which is opening new thrilling horizons for us. The MGA license is just another proof of the top-notch quality, security and transparency of our products and services, which will open the door to new long-term partnerships and will drive further business growth.

SoftSwiss Game Aggregator has been growing at an exponential pace. Today the solution brings together more than 70 best casino game vendors with over 11,000 popular games, 3,000 of which support crypto in-game. This extensive portfolio can be added to any gaming software platform through simple API integration. Furthermore, the solution has a unique customer service model, providing ongoing technical support, as well as a personal account manager with SoftSwiss. More than 80 White Label projects and 200 third-party websites are already partnering with the SoftSwiss Game Aggregator. The clients network includes such famous names as PokerMatch, 1xbet, Digitain, PinUp and many others.

About SoftSwiss:SoftSwiss is an international tech company supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a one-stop-shop white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched Sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

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Ukraine's SBU Closes More Than 30 Illegal Gambling Operations This Month - European Gaming Industry News

CUMBERLAND Cumberland-based AHEC West is partnering with the Maryland Center of Excellence on Problem Gambling to help increase public awareness of the risks of gambling, especially among young people exposed like no previous generation to the lure of betting.

The centerpiece of the promotional campaign is a contest among youth-participants in the ECHO program Exploring Careers in Health Occupations to develop an informational video about gambling targeted at their high school peers.

A program of the University of Maryland School of Medicine, funded by the states Problem Gambling Fund and monitored by the Maryland Department of Healths Behavioral Health Administration, the Maryland Center of Excellence on Problem Gambling was established in 2012 in the wake of the states approval of casino gambling to promote responsible gambling, bring awareness to the risks of gambling and provide resources for help and recovery for those struggling with problem gambling/gambling addiction.

Nearly 10 years later, the explosive growth of online gaming including poker, fantasy sports leagues and daily sports wagering has made it easier than ever to gamble, and become addicted to gambling.

Referred to as remote gambling, these online games offer the same rush as the turn of a roulette wheel, but from the convenience and comfort of home.

According to National Center for Responsible Gaming, more than 80% of Americans gamble at least once per year, playing the lottery, visiting a casino, or wagering on sports. Up to 5% develop a gambling problem.

Teens are especially prone to games of chance. However, with the median age-of-onset of problem gambling occurring at 23, intervention in the teen years can help prevent a youthful flirtation from developing into a compulsive, destructive addiction. According to the Youth Risk Behavior Survey, administered in Maryland high schools in 2018, 22% of high school students had gambled in the last year. Males gambled more than females, with 31% of males reporting gambling in the last year.

This is a period when youth are experimenting with gambling, but perhaps have not yet developed extreme gambling behaviors, said Howard Shaffer, an associate professor at Harvard Medical School and director of the schools Division on Addictions. An intervention might help divert the development of risky gambling behavior during this vulnerable time.

Under the partnership between AHEC West and the Maryland Center of Excellence on Problem Gambling, students in the ECHO program will be challenged to produce a video explaining problem gambling and providing a strategy to deter it. Scholarships will be awarded for the top three entries.

Were very excited about this partnership, said AHEC West Executive Director Susan Stewart. Problem gambling is a serious issue and we want to provide our youth and adults in the region with every available tool to help prevent this disorder from controlling their lives.

In addition to the ECHO activity, AHEC West will also host a webinar for health care professionals on problem gambling, distribute digital flyers through email, and include gambling in opioids-related peer counseling programs provided through the Healing Allegany initiative.

Mary Drexler, program director for the Maryland Center of Excellence on Problem Gambling, said the partnership with AHEC West will help raise awareness throughout Western Maryland. Although youth gambling is illegal in Maryland (age 18 for lottery play; 21 for casino entry), the 2018 Youth Risk Behavior Survey shows that 28% of 12th graders in Garrett County, 19% n Allegany County, 19% in Frederick County, and 16% in Washington County have gambled in the last year, Drexler said. Peer to peer messaging is the most effective way to bring awareness that there are risks to gambling and how to prevent gambling from becoming a problem.

The Maryland Center of Excellence on Problem Gambling (the Center) is a program of the University of Maryland School of Medicine and funded by the Maryland Department of Healths Behavioral Health Administration.

The Center promotes healthy and informed choices regarding gambling and problem gambling through public awareness, training and education, prevention, technical assistance to the behavioral health care system, peer recovery support, research and public policy.

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AHEC West partners with the Maryland Center of Excellence on Problem Gambling - Cumberland Times-News