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Monthly Archives: July 2023
The main advantages of online casinos with a minimum deposit – Bromsgrove Standard
Posted: July 29, 2023 at 8:48 pm
A minimum deposit online casino is an online gambling portal that allows players to place bets and gamble with significantly lower required deposits than in traditional casinos or other gaming platforms. The main feature of such casinos is a low minimum deposit, i.e. the minimum amount of money that a player must deposit into their account to start playing. Traditional casinos often set high minimum deposits, which makes participation in the game unattainable for many players on a tight budget. With online casinos with a minimum deposit, the minimum amount can range from a few dollars or euros to a value that is affordable for more players. This makes gambling more accessible and allows players to try their luck and enjoy the excitement even if they are on a tight budget. Online casinos with a minimum deposit can offer a variety of different types of games, such as slot machines, roulette, blackjack, poker, and others, with different minimum bets. This allows players to choose the game that best suits their preferences and abilities without having to worry about the large amounts of money that need to be deposited to start playing. The growing popularity of 1 pound minimum deposit casino is the result of several key factors that have attracted the attention of players and made this gambling format so attractive. Accessibility for all categories of players. Online casinos with a minimum deposit allow a wide range of people to gamble, including those on a tight budget. Minimum deposits lower the barrier to participation, allowing players to enjoy the excitement of gambling with a small investment. Risk for players on a budget. Many players have avoided traditional casinos due to high stakes and mandatory minimum deposits. Online casinos with a minimum deposit allow you to reduce the risk and try your luck even with a small bankroll. The opportunity to try different games with small investments. Minimum deposits allow players to try out different games and strategies without having to risk a significant amount of money. This allows you to identify your favourite games and understand which ones you are more successful in. Reducing financial stress. Playing in an online casino with a minimum deposit allows players to enjoy the excitement without significantly affecting their financial situation. Players can enjoy the game with little risk of loss.
Online casinos with a minimum deposit allow a wide range of people to gamble. Traditional casinos often have a high entry threshold, which can be off-putting to players on a tight budget or those who are not willing to risk significant amounts of money. However, online casinos with a minimum deposit lower the barrier to entry, allowing even the most modest players to enjoy the game and try their luck with small bets.
Lowering the minimum deposit at online casinos helps to reduce the risk for players with limited financial resources. Such players can enjoy gambling and try their luck with a smaller investment without putting their budget at risk. This allows them to enjoy the game more freely and makes gambling more accessible to everyone. Online casinos with a minimum deposit allow players to try different games of chance with a small investment. Instead of the large sums that may be required to play in traditional casinos, players can experiment with different games and strategies without risking significant amounts of money. This helps to identify the gambling games that a player likes the most and in which they achieve the best results. Playing at an online casino with a minimum deposit allows players to enjoy the excitement and play while reducing financial stress. In traditional casinos, players are often forced to place large bets or make large deposits, which can create uncertainty and anxiety about losing money. Reducing the minimum deposit in online casinos helps players enjoy the game without significant financial risk, which creates a more relaxed and enjoyable atmosphere.
Slot machines are among the most popular games in online casinos. They typically offer minimum wagers that can be very low, allowing players to try out different slots without incurring significant costs. For example: Starburst is a popular space-themed slot that has minimum bets of 0.10 to 0.20 currency units and Book of Dead is another exciting game with a mythological theme where the minimum bet usually starts at 0.10 currency units. Table games such as roulette, blackjack, poker and baccarat may also be available at online casinos with a low minimum deposit. Players can play these games with small stakes, allowing them to get more gaming experience for a smaller budget. Roulette some online casinos offer low minimum deposit roulette where players can bet from as little as 1 unit of currency on specific numbers or combinations and Blackjack some versions of Blackjack allow players to play with low stakes starting at 1 unit of currency per hand. Live dealer games provide players with the opportunity to play games such as Roulette, Blackjack and Baccarat with a live dealer in real time. These games can also be available at low stakes, allowing players to enjoy the atmosphere of a traditional casino and the interaction with a dealer without risking large amounts of money. Live roulette, for example, can have minimum wagers ranging from 0.50 to 1 unit of currency on specific bets. Convenience and flexibility for online casino players with a minimum deposit are the key advantages of this form of gambling entertainment. Play from anywhere and at any time. Online casinos with a minimum deposit provide players with the ability to gamble from anywhere and anytime they have access to the internet. Players are not limited to the schedules of brick-and-mortar casinos and do not need to spend time and money travelling to gambling establishments. They can conveniently play on their computer, smartphone or tablet, making the gaming experience as convenient and accessible as possible. Various ways of depositing funds. Online casinos with a minimum deposit usually offer a variety of ways to fund your account. This can include credit and debit cards, bank transfers, e-wallets, cryptocurrencies, and other electronic payment methods. Players can choose the method that suits their needs and preferences. The variety of options makes the deposit process fast, convenient and secure, providing flexibility and comfort for players. These two aspects have become key factors in the growing popularity of online casinos with a minimum deposit. Players are able to enjoy gambling from anywhere and at any time that suits them, while having access to a variety of ways to fund their accounts, making the game as enjoyable and affordable as possible. There are risks and limitations associated with playing at online casinos with a minimum deposit. Although these casinos can be fun and exciting places to have fun, there are certain risks that players should be careful about. The need to choose a reliable online casino. The Internet has a large number of online casinos, and not all of them may be reliable or honest. There is a risk of deception, scams, and unfair practices, so it is important for players to carefully check the reputation and licence of the casino before making a deposit and playing. Unreliable casinos may not pay out winnings, use unfair algorithms, or collect excessive amounts of personal information from players. Possibility of involvement in unregulated or fraudulent websites. Some online casinos may operate without the necessary licences and regulation. By joining such illegal sites, players put themselves at risk of becoming victims of fraud, losing their money, or becoming victims of identity theft. Always check whether a casino is licensed and regulated before you start playing. The risk of compulsive gambling. The availability of online casinos with a minimum deposit can contribute to the development of gambling control problems. Some players may become compulsive gamblers and wager large amounts of money without taking a responsible approach to gambling. This can lead to financial problems and have a negative impact on the lives of players and their families. Given these risks and limitations, players should be careful and responsible when choosing an online casino, control their spending and time spent playing, and always play within their financial means.
They are one of the key elements that make online casinos with a minimum deposit even more attractive to players. These bonuses and promotions are designed to attract new players and encourage existing ones to keep playing.
Free spins: This is one of the most popular types of bonuses. Players get the chance to play slot machines for free, with some casinos even offering free spins during registration or as part of weekly promotions.
Bonuses for the first deposit: Casinos offer bonuses in the form of a percentage of a players first deposit. For example, a casino may add 100% of a players first deposit to their account.
No Deposit Bonuses: Some casinos offer players a free bonus without the need to make a deposit. This allows players to try out different games without any financial outlay.
Loyalty bonuses: Casinos offer bonuses and rewards to existing players for their activity and loyalty. These can be free spins, bonus credits, or special offers.
Tournaments and competitions: Some casinos organise tournaments and competitions where players can compete against each other and win prizes.
Cashback: Casinos may return a portion of lost funds to players in the form of cashback. This allows to compensate some of the lost funds, reducing the risk for players.
Special offers for holidays or special events: Casinos may offer special bonuses and promotions during holidays or special events. These bonuses and promotions encourage players to participate in games and provide them with more opportunities to win and enjoy gambling. It is important to remember that each bonus may have its own wagering requirements and terms and conditions, so players should read the terms and conditions of each offer carefully.
Online casinos with a minimum deposit offer a wide range of benefits to players, making them attractive places to gamble. They allow you to play from anywhere and at any time, providing convenience and flexibility for players. The minimum deposit reduces the risk for players on a tight budget, allowing them to enjoy the excitement with a small investment. The variety of games available, including slot machines with minimum bets, table games with low minimum deposits and live dealer games with affordable stakes, helps players find the right entertainment options. Reducing financial stress is also an important benefit of online casinos with a minimum deposit, allowing players to enjoy the game without any stress.
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The main advantages of online casinos with a minimum deposit - Bromsgrove Standard
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The best casinos in the world – Solihull Observer
Posted: at 8:48 pm
There has always been a special magic and adrenaline in gambling entertainment that attracts more and more fans around the world. Gambling and eu casinos that accept uk players no deposit are not just a place to get rich or have fun, they are a kind of culture that permeates the history of civilisations and changes along with technological advances. Breathtaking casinos with a unique charm are located on different continents and offer their guests an unforgettable experience and an unrivalled gaming experience. The perfect symbiosis of luxury, entertainment, intrigue, and excitement attracts visitors from all over the world, regardless of their social status or cultural beliefs. In this article, we will lift the veil of the reliable gambling world and present you the top casinos in the world where you can plunge into the atmosphere of luxury and unrivaled gaming. Well look at the criteria used to select the best of the best, tell you about their features, reliability, and locations. At the same time, we will look at the latest trends in the casino world, including the impact of technology and the growing popularity of online casinos, which are bringing a whole new format to gambling.
These criteria may vary depending on individual preferences and expectations of players. The best casinos often combine several of these aspects to create a unique and exciting experience for their visitors.
Wynn Macau (Macau, China)
One of the first luxury casinos in Macau that managed to attract a lot of attention to the city as a global gambling paradise. It is known for its luxurious and sophisticated design. This casino is embraced by elements of luxury and comfort, creating an exclusive atmosphere for its guests. The interior design offers a harmonious blend of high quality materials, majestic decorative elements and modern technology. Located in Macau, one of the largest gambling centres in the world, Wynn Macau is one of the luxury hotel complexes with a beautiful view of the city and the surrounding landscape. The casino has a platform where you can enjoy views of the Red Rock and the sunset over the city. Wynn Macau has a large gambling hall with a variety of gambling games, including blackjack, roulette, baccarat, poker and slot machines. The casino provides an opportunity for high-stakes gambling, attracting high rollers from all over the world. It offers a variety of entertainment for its guests, including live shows, concerts by famous performers, and other entertainment events. Wynn Macau Casino pays great attention to security policy. It provides a high level of personal data protection and security of transactions of its guests.
Bellagio (Las Vegas, USA)
A symbol of luxury and elegance in Las Vegas. The exterior of the casino resembles a castle, and the interior is covered with art, precious materials and luxurious decorations. The casino offers guests a luxurious and welcoming environment. Bellagio is located on the famous Las Vegas Strip, close to other prominent casinos, hotels and entertainment venues. The casino has a large area with views of the Strip and the city of Las Vegas. The Bellagio has a large gambling hall with a variety of gambling games, such as blackjack, roulette, poker, baccarat and others. The casino is known for its high-class poker room and a large selection of slot machines. Known for its impressive water fountains that perform synchronised shows with music and lights. The casino also offers a variety of music, dance and theatre shows. As one of the most popular casinos in Las Vegas, Bellagio pays great attention to security policies to ensure the safety of its guests and their financial transactions.
Borgata Hotel Casino & Spa (Atlantic City, USA)
The largest casino in Atlantic City. It is a modern and stylish casino with an atmosphere that attracts both gamblers and luxury holidaymakers. Its design combines modern and classic elements to create a comfortable environment for relaxation and entertainment. The casino is located in Atlantic City, New Jersey, near beaches and boardwalks. The casino is part of a large hotel complex that provides additional opportunities for recreation and entertainment. Borgata offers a variety of gambling games, including blackjack, roulette, poker, craps, and slot machines. The casino has one of the largest poker rooms in the United States. It is known for many different shows, concerts, comedy performances and other entertainment. The casino also has nightclubs where you can enjoy dancing and music. Borgata takes care of the safety of its guests with a high security system that includes video surveillance, access control, and personal data protection.
Venetian Macao
One of the largest casinos in the world, located in Macau, China. This is a fascinating casino and entertainment complex that encourages guests to enjoy the atmosphere of Venice, Italy. The casino features a spacious gambling hall with huge stelae, canals with gondolas, exact replicas of Venetian landmarks and exquisite decorations.Venetian Macao is located on the southern coast of China in the Macau region in an imposing hotel and entertainment complex that complements the citys atmosphere and provides many opportunities for recreation, shopping and entertainment. Venetian Macao offers one of the largest gambling areas in the world. Guests can choose from a wide range of gambling options, including all the popular games such as blackjack, poker, roulette, baccarat and a host of slot machines. At this casino you can enjoy exciting entertainment such as plays, music concerts, theatre shows and circus performances. There is also the option of gondola rides on the canals, which adds to the uniqueness of the casinos entertainment. Venetian Macao puts a special emphasis on the safety of its guests. They use modern security technologies, including video surveillance, access control, and other measures to ensure the reliability and confidentiality of player information.
Casino de Monte-Carlo (Monaco)
It is one of the most famous and elegant casinos in the world. Located in a historic palace in Monaco, the casino has a luxurious and completely restored design. Its interior is covered with magnificent artworks, crystal and gold, creating an atmosphere of luxury and class. The Casino de Monte Carlo is located in Monaco, on the Mediterranean Sea, in one of the most exclusive areas of the world. It is often associated with luxury and aristocracy. The casino is surrounded by luxury hotels, restaurants, bar terraces, and beautiful sea views. The casino offers classic gambling games such as blackjack, roulette, poker, baccarat and slot machines. Visitors can enjoy the games in a private, atmospheric environment. The Casino de Monte Carlo focuses mainly on gambling and a classic atmosphere, but it is also possible to enjoy live music and special events at selected events. The Casino de Monte Carlo puts the safety of its visitors and guests first. A dress code may be enforced at the entrance, and security systems may be used to ensure safety and control access.
Sun City Casino Resort (South Africa)
It is a luxurious gambling complex located in the exotic savannah of South Africa. The casino offers a combination of luxury and natural beauty. The design of the casino is marked by the influence of African culture and architecture. Sun City Casino Resort is located in a natural park of South Africa with a beautiful natural beauty and a huge selection of entertainment for tourists who want to enjoy the exotic African nature. The casino has a variety of gambling games such as blackjack, poker, roulette, baccarat, as well as a large selection of slot machines. The casino offers a variety of entertainment and shows, such as live music, performances of famous artists, and international artists. The casino also offers to visit its own cinema.
Marina Bay Sands (Singapore)
An impressive complex that has become a symbol of Singapore. The casino has an unusual design with tall towers on top of which there is an observation deck with a huge swimming pool. Its interior offers a modern and luxurious design with precious materials. The casino is located in the central district of Singapore and occupies a large space with spectacular views of the city and the Singapore Strait. The casino is adjacent to a shopping centre, restaurants, hotels, and other entertainment venues. Marina Bay Sands has a large main hall with a variety of gambling games, including blackjack, roulette, poker, baccarat, and others. The casino attracts both high-stakes gamblers and those looking for fun. Marina Bay Sands Casino offers a variety of entertainment, including live music, performances, dancing, and other shows.
Resorts World Sentosa (Sentosa, Singapore)
A large resort complex with luxury hotels, a water park and a casino. The casino has a luxurious and modern design with light and sound effects that create an exclusive atmosphere. It is located on Sentosa Island in Singapore, surrounded by beautiful nature and beaches. The casino is part of a large resort complex with many hotels, restaurants, shops and entertainment venues. Resorts World Sentosa offers a variety of gambling games, including blackjack, roulette, poker, baccarat, and others. It has VIP high-stakes rooms where privileged players can receive special service and private gaming areas. It also has different areas for players with different budgets and preferences. The casino provides a variety of entertainment, including live music, performances, dancing, and regularly organises various shows, theatre performances and music concerts with the participation of world-famous artists.
Atlantis Casino & Resort (Paradise Island, Bahamas)
A luxurious complex located on the shores of the Caribbean Sea. The casino is decorated in an exotic style with marine motifs and the atmosphere of paradise on earth. The interior is decorated with a huge aquarium, which creates a fascinating underwater world. The casino is located on the beautiful peninsula of Paradise Island, Bahamas. The casino is located in an area surrounded by the crystal clear waters of the Caribbean Sea and charming beaches. Atlantis Casino & Resort offers a large number of gambling games, including various versions of blackjack, roulette, poker, baccarat and a variety of slot machines. For those who like gambling competitions, Atlantis occasionally hosts tournaments on various games of chance, offering exciting play and a chance to win big prizes. The casino provides a variety of entertainment such as live music, plays, dolphin shows and more. Guests can also enjoy a dive in the aquarium, where they can watch a variety of marine life.
Cosmopolitan Las Vegas (Las Vegas, USA)
A modern and stylish casino hotel in the heart of Las Vegas, featuring a modern and elegant design. The hotel has various themed areas and artistic compositions that give it a unique character. The casino features bright palettes and innovative lighting effects. Cosmopolitan Las Vegas is located on the famous Strip, in the centre of Las Vegas, USA. The casino is part of a lively hotel complex with many restaurants, nightclubs and entertainment venues. The Cosmopolitan Las Vegas offers a variety of gambling games, including classic blackjack tables, roulette, poker, craps, as well as many slot machines for players of all tastes. Cosmopolitan is famous for its live music performances and energetic DJ parties. It also has a theatre, which hosts a variety of shows, music concerts, comedy performances and other events featuring famous performers and entertainers. The hotel has a variety of bars and nightclubs.
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24kBet Review: A Comprehensive Analysis of the Online Betting Platform – KhelTalk
Posted: at 8:48 pm
In this in-depth review, we will thoroughly examine 24kBet, an online betting platform that offers a wide range of casino games and sports betting options. With its user-friendly interface and generous bonuses, 24kBet has gained popularity among online gambling enthusiasts.
Throughout this article, we will discuss the advantages and disadvantages of the platform, the deposit and withdrawal procedures, the sports betting options, the live casino games, the customer support, the sports welcome bonus, the VIP scheme, and the game providers.
24kBet is a relatively new gambling space that opened its virtual doors in 2023. It features a casino library of more than 1200 titles sourced from 17 renowned game providers. Focusing mainly on Indian players, 24kBet offers a seamless sports betting experience in collaboration with 3 different sports book providers such as 9Wickets, BTI, GT Cric.
However, the licensing of 24kBet is unclear as it is associated with two different license providers, PAGCOR and the Costa Rica Gaming Authority. Also, we were unable to verify the authenticity of these licenses as there is no license number mentioned on the 24kBet website.
In India, 24kBet has gained significant popularity as a cricket betting exchange in recent months. It is a fantastic platform for sports betting enthusiasts, offering a wide range of sports to bet on, especially online horse racing and online cock-fighting. However, the platform has a long way to go as there are many key features that seem to be missing. Despite offering different sports betting platforms, the operator does not support e-wallets or cryptocurrency as payment options which is an industry-standard these days.
User-Friendly Interface
Navigating through the website is a breeze with its user-friendly interface, and even beginners can quickly find their way around.
Wide Range of Betting Options
24kBet offers an extensive selection of sports betting options through multiple sportsbook providers like SABA, BTI & 9 Wickets, including popular sports like football, basketball, tennis, cricket, and many more. With a plethora of markets and competitive odds, users can find a bet that suits their preferences.
Generous Promotional Offers
New users are greeted with a generous 30% welcome bonus that boosts their initial deposit. Also, there are cashbacks on losses for already registered players.
Limited Payment Options
At present, 24kBet primarily supports UPI as its main payment method, which is quite limited when compared to other online betting platforms that provide a wider range of options such as credit cards, e-wallets, and bank transfers.
Average Customer Support
As we questioned the live chat support for general information about the operator and its licensing. They were unable to provide us with a satisfactory response. They certainly need to improve upon their customer support as it gives a dicey impression to users for their lack of information.
Limited Casino Game Providers
While 24kBet offers a decent selection of casino games, the platform could benefit from partnering with a wider range of game providers to offer a more diverse and comprehensive gaming experience.
New users at 24kBet are greeted with an enticing sports welcome bonus, providing them with additional funds to kickstart their betting journey.
Steps to Get Welcome Bonus
Bonus Terms & Conditions
Example:
Sign in for consecutive 7 days and make a deposit of INR 1000 or above daily to get an INR 1000 Bonus on the 7th day.
Example:
Step 1: Head to the 24kBet official website.
Step 2: Tap on the Register button at the top.
Step 3: Create a username & password and enter your mobile number.
Step 4: Confirm the OTP
Step 5: Tap on Register
As we mentioned earlier, being a relatively new platform 24kBet lacks variety in payment methods. Currently, UPI & USDT (TRC 20) are the only two available options for deposit.
24kBet offers a withdrawal process that is relatively straightforward. Players can request withdrawals by navigating to the Cashier section on the website and selecting the Withdrawal option. The minimum withdrawal amount is 1,000, and could only be done via bank transfer.
Withdrawals are processed within 24-48 hours, and the funds are usually credited back to the players bank account. However, it is important to note that additional verification may be required, which could slightly delay the withdrawal process.
To withdraw money quickly from your 24kBet account via bank trasfer, you need to provide the following documents:
24kBet app is only available for Android users and offers a seamless and user-friendly interface that makes it easy for users to navigate. However, the apps functionality is commendable, with smooth transitions between pages and quick loading times. The interface is similar to the website with a clean design and intuitive layout. Users can easily find their favorite sports or casino games and place bets with just a few taps.
24kBet offers a variety of live casino games categorized by specific game providers. The games are streamed in high definition, ensuring smooth gameplay and interactive features. With a wide selection of 1200+ live casino games, 24kBet caters to both experienced players and those new to live gambling.
Here is a breakdown of the available titles by different providers:
Betgames- Speedy 7, Andar Bahar, War of Bets, 6+ Poker, Bet on Poker, Bet on Baccarat, Wheel of Fortune, etc.
TV Bet- Blackjack
Evolution- Crazy Time, Auto-Roulette, Lightning Roulette, Super Sic Bo, Fan Tan, Sic Bo, Monopoly Live, etc.
WM Casino- Baccarat, Dragon Tiger, Se Die, Andar Bahar, Fish Prawn Crab, etc.
PlayTech Live- Blitz Live Slots, Live Jackpot, Arabic Roulette, Football Card Showdown, Royale Blackjack, Speed Baccarat, Hindi Roulette, etc.
Ezugi- Casino Holdem, Lucky 7, Speed Auto Roulette, Unlimited Blackjack, Cricket War, Andar Bahar, Bet on Numbers, Hi Lo, etc.
Microgaming- Baccarat, Roulette, Sic Bo, Bonus Baccarat, etc.
SSG Live- Speed Andar Bahar, Teen Patti, dragon Tiger, Teen Patti 20-20, etc.
24kbet offers a comprehensive sports betting experience, covering a wide range of sports and events with distinctive sports betting providers. Sports Exchange & Live betting is also available, giving users the opportunity to place bets while the games are in progress.
9 Wickets Betting Exchange: Cricket, Soccer, tennis, e-soccer
BTI Sports: Cricket, Soccer, Basketball, esports, Tennis, Badminton, Baseball, Volleyball, Boxing, Football, Ice Hockey, Handball, Table Tennis, MMA, etc.
RCB888: Horse Racing, Hounds, etc.
SABA Sports: Cricket, Soccer, Basketball, esports, Tennis, Badminton, Baseball, Volleyball, Swimming, Darts, Netball, Boxing, Football, Ice Hockey, Handball, Table Tennis, MMA, etc.
IM Sports: Soccer, tennis, table tennis, basketball, badminton, Baseball, etc.
S Venus: Online Cockfighting
24kBet features Sports Betting Exchange powered by 9 wickets for cricket betting enthusiasts. With a wide range of cricket matches and tournaments from around the world, users can place bets on various markets, including match winners, top batsmen, top bowlers, and more.
The platform provides competitive odds and real-time updates, ensuring an exciting and immersive betting experience. Whether youre a casual bettor or a seasoned cricket fan, 24kBet Betting Exchange provides a user-friendly interface and a secure platform for all your cricket betting needs.
Soccer betting at 24kBet by SABA & BTI Sports offers an exciting opportunity for sports enthusiasts to engage in the thrilling world of soccer wagering. With a wide range of soccer matches, leagues, and tournaments to choose from.
Users can place bets on various outcomes such as match results, goal scorers, handicaps, and more. The platform also offers live betting options, allowing users to place bets while the matches are in progress.
Although, cockfightingis associated with animal cruelty. Still, punters can place bets in online cockfighting developed by premium gaming developers at 24kBet. Its quite simple as bettors can select their bets based on the best rooster to win.
24kBet partners with Some popular game providers in the industry for its casino & sportsbook portfolio. BetGames, TV Games, Evolution, Ezugi, and Microgaming are some of the well-known developers of live casino games. Whereas betting exchange & sportsbook is powered by 9 Wickets, BTI, and SABA Sports platforms.
The website has a standard structure which is kept minimalistic so you wont have any issues navigating through it. At the top, you can find the sections for Sports, Live Casino, Lottery, rummy, & Fishing. At the bottom, you can find the Main tabs for Promotions, Deposits, and Customer Support. From the Profile Menu on the Bottom Right corner you can access your Bet Records, Cashier Section & Wallet Balance.
There are multiple modes for support at 24kBet such as Live Chat, WhatsApp, Telegram, and Instagram. While browsing the website you can initiate a live chat from the bottom menu tab Customer in the mobile version. Kavya joined the chat within seconds but failed to provide us with satisfactory answers to our queries. I wanted to know more about the licensing authority and operator of 24kBet, but the replies were not informational enough.
However, when we reached out to the live chat multiple times, we discovered that the agents were courteous and willing to provide explanations. However, they seemed to lack crucial information on several matters.
Our review has found that 24kBet does not receive a high rating due to several reasons. These include no proper categorization of games, lack of variety in payment options, and most importantly, unclear information regarding its operator & license. The offshore license raises concerns about the safety of the gambling environment. While we may revisit the website in the future, currently we cannot recommend it to our readers.
According to our research, 24kBet is a safe and legitimate option for sports betting. However, you should proceed with caution as in case of disputes there is no backing from its regulator.
Yes, despite its drawbacks 24kBet can be trusted by Indian bettors. It is tailored for Indian users and is licensed and regulated by PAGCOR, ensuring that it follows legal and responsible gaming practices.
Yes, Yes, 24kBet is legal in India. The platform strictly follows the laws of India and permits only users who are 21 years of age and above to participate in betting and casinos. As mentioned on their website, it is licensed and regulated by PAGCOR, ensuring a fair and secure gaming experience.
24kBet will greet you with a 30% Welcome Bonus upto INR 3000. For example, if you deposit INR 1000 you will receive INR 300 as bonus.
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The Influence of Casino Themes on Movies Features Film Threat – Film Threat
Posted: at 8:48 pm
Delve into the world of movies inspired by online games and casinos. Find out how influential casino themes are in movie production.
If youve ever watched blockbuster movies that feature casino scenes, youll likely agree that they uniquely capture the thrills of gambling. With their vibrant floors, flashing lights, spinning wheels, and card tables, these films exude a sense of opulence and extravagance. Even if youve never visited a casino in real life, these movies have a way of immersing you in the casino lifestyle and giving you a taste of its thrills.
This article seeks to explore the influence of casino themes in movies and understand the emotions they evoke in viewers. Well also see how it has affected the viewers beyond entertainment.
Many films that feature these gambling centers focus on extravagance They showcase a world of luxury, where high rollers spend their money on expensive suites, parties, and high-stakes gambling.
A good example is the 1995 movie Casino directed by Martin Scorsese. The film allows you to experience the exciting world of Las Vegas at the peak of its grandeur. You feel the glamor surrounding casinos as well as the depth of vice and underworld criminal activities around them.
To date, casinos have this aura around them that speaks of wealth and excess, as seen in cinemas. Even online casinos display the same luxury. When you play live dealer games at platforms listed at BestUSCasinos, youll get to see the exotic nature of the gaming studios and the beautifully set tables. The dealers themselves are dressed elegantly to enhance the ambiance and provide you with an authentic gambling experience. These casinos also offer various services including slots, table games, bonuses, promotions, mobile gaming, etc.
Heists are very common when it comes to films centered around casinos. Movies like The Sting and Oceans Eleven gained widespread appeal due to their thrilling portrayal of daring characters who embarked on missions to rob casinos. They fascinate you with carefully planned schemes, deep plots, and lovable characters. They also get you to feel a mix of humor, suspense, and camaraderie.
Casinos are perceived as places of wealth, tight security, and sophisticated technology, so they provide a perfect plot setting for robberies. Breaking the security and outsmarting the house always seems like a big challenge for the characters. This captures your interest as a viewer, as youll want to witness how the underdogs navigate obstacles and complete the tasks.
Movies depict the different kinds of persons that patronize gambling centers. In many films, the leading characters are those from the high class. For such persons, gambling is portrayed as a favorite pastime activity or an expensive hobby they indulge in since they have abundant funds. These characters only play for entertainment and prestige. They do not run into debt even if they lose large sums of money.
On the other hand, there are movies where people in debt patronize casinos. These usually begin with a character in distress who has to pay off a debt or has been a victim of unfortunate circumstances. The protagonists in such scenes are usually smart characters with good skill sets that help them beat high rollers and earn huge amounts. By featuring characters from all walks of life, these casino movies display how gambling can involve everyone, and even show the dark side of gambling.
If you love thrillers, youll like iconic films like Rounders and Casino Royale, which take you into the exciting world of expert gamblers and spies. Casino Royale, released in 2013, is one of the most popular James Bond movies. The story revolves around an MI6 agent who competes against the villains at the poker table and not on a battlefield. You can feel the tension and suspense as the players try to outsmart each other at the poker table.
When you watch these kinds of movies, you see gambling as an activity that requires intelligence and skill. The intention behind staking goes beyond earning money or prestige but also they represent internal struggles. The decisions made by the players at the table reflect their ability to control themselves and their willingness to take risks. This makes them even more intriguing and suspenseful.
The depiction of the casino and gambling lifestyle in movies has evolved over the years. In classic films, the casino experience was romanticized and portrayed as a way to escape reality. On the other hand, modern films have explored darker areas of the industry and also exposed the consequences of gambling addiction.
In the 1942 movie Casablanca, the Roulette table symbolizes uncertainty and danger during wartime. It sees Ricks Cafe Americain become a place full of secrets and spies, while the roulette wheel represents the unpredictability of life during World War II.
Conversely, recent movies like The Gambler, released in 2014, and Uncut Gems in 2019 take a different approach. The Gambler was based on Jim Bennett, a professor who had a gambling addiction. It shows how Jim struggles through the problem and how it affects his life and relationships. These films give you a glimpse into the importance of responsible gambling and the potential dangers of excessive gambling.
Like many other themes explored in movies, the charm of casinos has extended to popular culture in numerous ways. Many people are now hosting casino-themed parties and events with their dresses mirroring the luxurious ambiance of casino resorts.
Moreover, the video games industry has also caught on to casino fashion. Popular video games such as Grand Theft Auto V and Red Dead Redemption 2 have incorporated casinos where you can play poker, blackjack, and other casino games. Theres no doubt that the allure of casinos in movies will continue to impact how we perceive popular culture. Fashion, entertainment, and the gaming industries are just a few examples. There are many more ways through which casino-themed films have enriched our cultural experiences.
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Opinion | Lindsey Graham and Elizabeth Warren: When It Comes to Big Tech, Enough Is Enough – The New York Times
Posted: at 8:46 pm
The digital revolution promised amazing new opportunities and it delivered. Digital platforms promoted social interaction, democratized information and gave us hundreds of new ways to have fun.
But digital innovation has had a dark side. Giant digital platforms have provided new avenues of proliferation for the sexual abuse and exploitation of children, human trafficking, drug trafficking and bullying and have promoted eating disorders, addictive behaviors and teen suicide. Parents like Kristin Bride, whose teenage son killed himself after being mercilessly cyberbullied, have shared heartbreaking stories with Congress and the public about the potentially deadly consequences.
Nobody elected Big Tech executives to govern anything, let alone the entire digital world. If democracy means anything, it means that leaders on both sides of the aisle must take responsibility for protecting the freedom of the American people from the ever-changing whims of these powerful companies and their unaccountable C.E.O.s. Today were stepping up to that challenge with a bipartisan bill to treat Big Tech the way we treat other industries.
A few Big Tech companies generate a majority of the worlds internet traffic and essentially control nearly every aspect of Americans digital lives. Platforms are protected from legal liability in many of their decisions, so they operate without accountability. Big Tech companies have far too much unrestrained power over our economy, our society and our democracy. These massive businesses post eye-popping profits while they suppress competition. Google uses its search engine to give preference to its own products, like Google Hotels and Google Flights, giving it an unfair leg up on competitors. Amazon sucks up information from small businesses that offer products for sale on its platform, then uses that information to run its own competing businesses. Apple forces entrepreneurs (and thereby consumers) to pay crushing commissions to use its App Store. A few Big Tech companies stifle all competition before it poses any serious threat.
Big Tech companies also prey on ordinary users. They vacuum up our personal data, often with little care for whether their practices are responsible or even legal. Some Big Tech platforms mislead us when we try to limit the data we share, and they regularly fall prey to massive data leaks that leave us vulnerable to criminal activity, foreign interference and disinformation. Adversaries in China and other countries often store or process our data. And if we want to know how our data is being used or why our posts are being taken down, good luck getting an answer. Were usually in the dark about where our data goes or how it is used.
Enough is enough. Its time to rein in Big Tech. And we cant do it with a law that only nibbles around the edges of the problem. Piecemeal efforts to stop abusive and dangerous practices have failed. Congress is too slow, it lacks the tech expertise, and the army of Big Tech lobbyists can pick off individual efforts easier than shooting fish in a barrel. Meaningful change the change worth engaging every member of Congress to fight for is structural.
For more than a century, Congress has established regulatory agencies to preserve innovation while minimizing harm presented by emerging industries. In 1887 the Interstate Commerce Commission took on railroads. In 1914 the Federal Trade Commission took on unfair methods of competition and later unfair and deceptive acts and practices. In 1934 the Federal Communications Commission took on radio (and then television). In 1975 the Nuclear Regulatory Commission took on nuclear power, and in 1977 the Federal Energy Regulatory Commission took on electricity generation and transmission. We need a nimble, adaptable, new agency with expertise, resources and authority to do the same for Big Tech.
Our Digital Consumer Protection Commission Act would create an independent, bipartisan regulator charged with licensing and policing the nations biggest tech companies like Meta, Google and Amazon to prevent online harm, promote free speech and competition, guard Americans privacy and protect national security. The new watchdog would focus on the unique threats posed by tech giants while strengthening the tools available to the federal agencies and state attorneys general who have authority to regulate Big Tech.
Our legislation would guarantee common-sense safeguards for everyone who uses tech platforms. Families would have the right to protect their children from sexual exploitation, cyberbullying and deadly drugs. Certain digital platforms have promoted the sexual abuse and exploitation of children, suicidal ideation and eating disorders or done precious little to combat these evils; our bill would require Big Tech to mitigate such harms and allow families to seek redress if they do not.
Americans deserve to know how their data is collected and used and to control who can see it. They deserve the freedom to opt out of targeted advertising. And they deserve the right to go online without, say, some A.I. tools algorithm denying them a loan based on their race or politics. If our legislation is enacted, platforms would face consequences for suppressing speech in violation of their own terms of service. The commission would have the flexibility and agility to develop more expertise and respond to new risks, like those posed by generative A.I.
Our bill would set clear rules for tech companies and impose real consequences for companies that break the law. For the giant companies, anticompetitive practices like exploiting market dominance, tying the sale of one product to another, charging customers different prices for the same product and preventing employees from working for competitors would be prohibited. The bill would set a high bar for mergers and acquisitions by dominant Big Tech platforms and make it possible to block and reverse harmful deals.
Reining in tech giants will be hard, but its a fight worth fighting. If we win, Americans finally will have the tools they need to combat many online evils harming their children and ruining lives. And small businesses will have a fighting chance to innovate and compete in a world dominated by tech monopolies.
No company, no industry and no C.E.O. should be above the law. These reforms will ensure that the next generation of great American tech companies will operate responsibly while remaining on the cutting edge of innovation.
Its time for Congress to act.
Lindsey Graham (@LindseyGrahamSC) has served in the Senate since 2003. Elizabeth Warren (@SenWarren) has served since 2013.
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Globe editorial: Canada can’t tackle Big Tech on its own – The Globe and Mail
Posted: at 8:46 pm
Earlier this month, countries that are party to a global deal on corporate taxation decided to delay implementing new rules by one year, to 2025. The agreement will overhaul decades-old rules on how to tax multinational digital giants such as Amazon and Google, who tend to book profit in low-tax jurisdictions to reduce their bills. New rules would see governments agree to tax the companies based on their share of sales in each country.
Of the 143 countries in the deal, 138 endorsed the latest agreement. Five did not. They were Sri Lanka, Pakistan, Russia, Belarus and Canada.
Ottawa instead will go it alone and start rolling out new tax rules in 2024.
The United States, in defence of the tech companies nominally based there, said it is considering retaliation against Canada. The U.S. could introduce new tariffs to punish Canadian industry.
Such a trade dispute is pointless. One year of tax revenue is not worth being so offside with our major global partners.
The Liberal government is right to push back on giant global technology corporations. But doing so unilaterally is both naive and ineffective for a medium-size country like Canada. Ottawa must move in concert with allies and could learn some things from their approaches.
When the Liberals came to office, they loved Big Tech. Justin Trudeau even attended the unveiling of Googles ill-fated Sidewalk Labs experiment in Toronto in 2017. But as the zeitgeist turned against Big Tech, the Liberals turned with it.
The Liberals began to introduce a raft of bills to modernize Canadas approach to the tech giants. Among them was the once-derided, but totally sensible, Netflix tax, aka a sales tax on digital services; changes to corporate taxation, as discussed above; reforms to privacy law to address how tech giants hoovered up and monetized Canadians personal information; a law to bring streaming services under Canadian content rules; and a bill to force Google and Facebook to negotiate with news publishers to share ad revenue.
The latter two seek to force tech companies to compensate Canadian media for disrupting their business models.
On the news bill, Google and Facebook have reacted as they warned they would: by beginning to block news content and, in effect, pulling out of Canadian news. They can do so because Canada is not a big enough market for them to sweat over. The companies made a deal with Australia after much discussion but they also successfully blocked Spanish news for years over a similar law, until Spain amended it.
The Liberals may score political points for looking tough. But at a steep cost to Canadian industry. This isnt to say the Liberals should do nothing. They should. One place to start is to strengthen Canadian competition and data privacy laws, as this space has argued before.
The real problem with the tech giants is the enormous market power they have amassed globally. Google handles more than 90 per cent of search queries in Canada, and search is one of the most critical pieces of infrastructure in the digital economy. It uses this dominance to make billions of dollars through online advertising, a field it grew to dominate by buying up rivals.
It is this market power that other jurisdictions have aimed at. The United States and the European Union are taking legal action against Google to break up its advertising business on competition grounds.
In Canada, by contrast, Facebook paid a $9-million penalty to the Competition Bureau in 2020 for allegedly mishandling Canadians personal information. The penalty is so paltry for a company of Facebooks size that one imagines the fine was paid off through loose change found in an office couch.
Canada should make sure competition and privacy laws are as robust as those of other countries, so it has the tools to join in a concerted global push to regulate the tech giants.
It can also lean on diplomacy: as tech entrepreneur Jim Balsillie has argued, Canada played a role in promoting financial stability after the 2008 financial crisis why could it not play a role in the global stability of the digital economy? Indeed, Canadas diplomacy leans heavily on multilateral institutions, underscoring the reality that smaller countries need to pool their influence.
In concert with allies, Canada can and should help regulate global tech behemoths. But not if it keeps picking fights it cant win.
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July jobs report and more Big Tech earnings are in the week ahead after markets notch historic run for Dow – CNBC
Posted: at 8:46 pm
More Big Tech earnings and the jobs report are in the week ahead as investors wrap up a strong week that included a historic run for the Dow Jones Industrial Average . The Dow and the S & P 500 notched their third straight week of gains on Friday . On Wednesday, the 30-stock Dow posted a 13-day advance that matched the index's longest streak of gains going back to 1987. One more positive session would have tied the Dow with its record 14-day rally in 1897. Back then, Queen Victoria was still the reigning monarch in the United Kingdom. And, the index listed just 12 stocks in total, such as American Cotton Oil and American Sugar. Of those original names, General Electric remains in business with its name intact, though it was kicked out of the blue chip index in 2018. Even so, markets continued their upward momentum as more inflation data pointed toward signs of cooling, and earnings came in far better than feared. That added to the bull case that the U.S. economy can manage a soft landing. "While the economy isn't like white hot, it ain't bad," said Kim Forrest, founder and chief investment officer at Bokeh Capital Partners. This week alone, investors digested Friday's data for personal consumption expenditures price index that continued to show cooling inflation in June. The gross domestic product report showed the U.S. economy is growing faster than expected, and also suggested price pressures are easing. And, mega-cap tech stocks Alphabet and Meta gained more than 10% this week after their respective earnings beats. To top it off, the Federal Reserve hiked rates to their highest level in more than 22 years after passing a much-anticipated quarter-point hike. Even more important, Fed Chair Jerome Powell said the central bank could pause here, taking a data-dependent approach going forward. "All of this fuels the buying frenzy, and it's more than certain stocks now, right? It's spreading out," Forrest said. "So yeah, I think that this market is merited." Jobs report out Friday Investors will digest the latest data from the July jobs report due out next Friday. Market participants are not expecting any major surprises from the report, which could continue to show solid results in what has been an extraordinarily strong labor market. It could also hold some signs of easing in jobs growth similar to the June report. Nonfarm payrolls increased 209,000 last month, lower than the Dow Jones consensus estimate of 240,000. The unemployment rate was 3.6%, in line with expectations. "I don't expect any huge surprise from this jobs report next week," said Liz Young, head of investment strategy at SoFi. "Maybe it's a little lighter. But I don't think it's going to be a huge surprise to the downside or the upside. I think it probably is a little bit more of the same." Investors will be watching the wage numbers closely. Market bears worry that persistent wage growth could mean inflation will spiral higher, as it did in the 1970s and early 1980s. In those years, average wages typically jumped 7%, 8% or 9% year over year, according to the Pew Research Center. However, Bokeh's Forrest said those concerns have yet to materialize. While wages have increased, she said they're not driving the sort of price pressures that occurred during those high inflation decades. "The wage inflation is not driving the inflation because people are slowly getting raises that allow them to kind of match the new pricing environment," she said. Bokeh's Forrest would like to see average hourly earnings rise 4.4% from the year-earlier period, which is what they were in the June report, or lower. She'd also like to see the average workweek stay around the 34-hour mark, or "the golden number for hours worked." "Higher than that means things are getting hot, people are being overworked, working more, and that hiring will pick up," Forrest said. "Less, it means people aren't being worked as much and layoffs may occur." Big Tech earnings continue with Apple, Amazon Wall Street is at about the halfway mark for second-quarter earnings season, with results thus far coming in stronger than anticipated. Of the 255 companies that have reported in the S & P 500, about 81% have posted positive surprises, according to FactSet. Earnings will continue to pour in next week, with key results from Big Tech companies Apple and Amazon on Thursday. Both companies, whose stocks are up more than 50% each year to date, will have to justify their valuations amid criticism that they have gotten too frothy. "CEOs need to justify these valuation levels. And we've gotten some of them but not all, so rolling through the rest of the tech and communications, and basically the growthy names will be very important," SoFi's Young said. "Much like other quarters, the results are important, but the guidance is even more so because now when we look out a 12-month view, we've got 2024 in that picture as well," Young added. Other companies will be monitored for any signs of weakness in the consumer. Bokeh's Forrest said she'd keep an eye on the back-to-school trade, particularly in computer companies such as Apple or the semiconductors, which should get a boost as students require electronics in the fall. Chip company ON Semiconductor reports Monday, and Advanced Micro Devices posts results Tuesday. Outlook ahead Even with markets posting yet another positive week, market skeptics continue to urge traders to take caution, especially as the effects of tightening monetary policy start to make its way through the economy. For instance, there's the decision by the Bank of Japan on Friday to ease its yield curve control , a move that SoFi's Young said have investors uncertain how it will affect markets. She also worried about the path forward for inflation. "I think inflation could prove to be kind of a tricky situation for the rest of the year, meaning we've gotten used to this linear decline since last summer in the inflation measures. It may not continue along that path," Young said. "Now, it may not spike back up, but it could stay steady, if not rise a little bit given what's happening with commodity prices right now." "Momentum is a very, very strong force," she said. "And I think it's at play until there's a reason for it to turn around." Still, cooling inflation, strong jobs market and a resilient economy could spell a happy path for Wall Street. Bokeh's Forrest said, "This would be the soft landing. The mythical soft landing." Week ahead calendar All times ET. Monday 9:45 a.m.: Chicago PMI SA (July) 10:30 a.m.: Dallas Fed index (July) Earnings: ON Semiconductor , Arista Networks , Western Digital , Monolithic Power Systems Tuesday 9:45 a.m.: Markit PMI Manufacturing SA final (July) 10:00 a.m.: Construction Spending SA M/M (June) 10:00 a.m.: ISM Manufacturing SA (July) 10:00 a.m.: JOLTS Job Openings (June) Earnings: Merck & Co., Stanley Black & Decker , Caterpillar , Marriott International , Altria Group , Norwegian Cruise Line Holdings , Pfizer , Marathon Petroleum , Molson Coors Beverage , SolarEdge Technologies , Advanced Micro Devices , Caesars Entertainment , Electronic Arts , Starbucks Wednesday 8:15 a.m.: ADP Employment Survey SA (July) Earnings: CVS Health , Fidelity National Information Services , Generac Holdings , Humana , The Kraft Heinz Co. , Yum Brands , MetLife , Marathon Oil , Occidental Petroleum , PayPal Holdings , Qualcomm , Etsy , The Clorox Co ., Costco Wholesale , MGM Resorts International Thursday 8:30 a.m.: Continuing Jobless Claims SA (7/22) 8:30 a.m.: Initial claims SA (7/29) 9:45 a.m.: PMI Composite SA (Final) 9:45 a.m.: Markit PMI Services SA final (July) 10:00 a.m.: Durable Orders SA M/M final (June) 10:00 a.m.: Factory Orders SA M/M (June) 10:00 a.m.: ISM Services PMI SA (July) Earnings: EPAM Systems , News Corp ., Constellation Energy , Moderna , Warner Bros. Discovery , Hasbro , Iron Mountain , ConocoPhillips , Kellogg , Booking Holdings , Amazon.com , Expedia Group , Fortinet , Motorola Solutions , Apple , Monster Beverage Friday 8:30 a.m.: Hourly Earnings SA preliminary (July) 8:30 a.m.: Average Workweek SA preliminary (July) 8:30 a.m.: Manufacturing Payrolls SA (July) 8:30 a.m.: Nonfarm Payrolls SA (July) 8:30 a.m.: Private Nonfarm Payrolls SA (July) 8:30 a.m.: Unemployment Rate (July) Earnings: Dominion Energy
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A Setback in the F.T.C.’s Fight Against Big Tech – The New Yorker
Posted: at 8:46 pm
When Lina Khan, the chair of the Federal Trade Commission, appeared before the House Judiciary Committee on July 13th to discuss the F.T.C.s record under her leadership, she faced almost comically hostile questioning. Leading up to the hearing, the Republican-led committee had described its goal as to examine the agencys mismanagement and its disregard for ethics; the meetings tone followed predictably from this blueprint. In his opening remarks, Jim Jordan, the committees chair, thanked Khan for appearing and then went on to condemn her tenure, describing Khan as trying to usher in a radical departure from the norms that made the American economy great, to a system where her and her cronies have unchecked power over business practices in our country. He called the agencys investigation of Twitters data-security practiceswhich have been the focus of public attention and whistle-blower complaints since 2020, following major breachesa shakedown. (Some of the lawmakers comments echoed a request that Twitter filed in federal court that morning, asking a judge to end the F.T.C.s monitoring of its data-security practices.) Later on, Darrell Issa called Khan a bully, and Kevin Kiley, referring to recent court setbacks for Khans agency, said, You are now zero for four in merger trials. Are you losing on purpose?
Throughout the proceedings, Khan seemed unperturbed. At times, she wore a tight facial expression that suggested she was trying not to smile. But the hearing comes at a challenging moment for Khan and her ambitious agenda for the F.T.C., which has launched a campaign to restrain the economic reach of tech giantsinstitutions, such as Meta and Amazon, that Khan and many other members of the Biden Administration believe harm the economy and threaten democracy. Khans plans have been dogged by controversy and legal setbacks from the beginning, and, last week, a federal judge issued a fresh blow to the agency by ruling that it could not prevent Microsoft from acquiring the video-game producer Activision Blizzard, a merger that would create the third-largest company in the gaming industry by revenue.
Microsoft and Activisionwhich produces, among other games, Candy Crush and the Call of Duty franchisewent public with plans to merge in January, 2022. The F.T.C. announced it would challenge the Microsoft-Activision deal in court that December, an aggressive move that signalled the agency was not afraid to pursue potentially controversial, high-profile cases. In its complaint, the F.T.C. asserted that Microsoft, which manufactures the Xbox, could make it harder to access Activisions most popular games outside of its own universe of products. Its argument was based on two ideas that have not traditionally been central to antitrust law, but which Khan and the F.T.C. believe should be taken more seriously. One is the notion that vertical mergersdeals that unite companies operating on different levels of the same businesscan create serious problems for competition by making it more difficult for new firms to enter markets. The other is that considering how a market might evolve is as important as considering its present state. In this case, the F.T.C.s underlying concern revolved around the idea that the evolution of online gaming and virtual reality will be one of the next major advances in the tech industry; given that Microsoft produces the HoloLens, a V.R. headset, the combined companys advantage might suppress competition. Everyones in a race to control this market, and I think network effects are going to be really important here, Rebecca Haw Allensworth, a law professor at Vanderbilt University who specializes in antitrust issues, told me. Being a first mover, being a dominant player, is extremely valuable. So, its a really big deal from that perspective. All the things that Professor Kahn was writing about before she became the F.T.C. chair are going to be front and center.
Microsofts rationale for purchasing Activision is that integrating a game studio into its business will make it easier for the company to develop new products and cut costs, leading to lower costs for consumers. The companies have also vigorously defended themselves against the F.T.C.s charge that they would limit the availability of what are currently Activisions products from players using consoles produced by other companies. As part of Microsofts campaign to gain approval for the merger in other jurisdictions around the world, it promised to sign an agreement with Sonywhich produces the PlayStation and is one of Microsofts chief competitors in the gaming industryto keep Call of Duty available on the PlayStation for ten years. Microsoft has already indicated that several games produced by another company it recently acquired, ZeniMax, will only be available on Microsofts own hardware. Still, the F.T.C. has faced a steep challenge trying to prove the risk that Microsoft might eventually restrict Activisions products from other companies machines. As a former agency official told me, Usually, because companies make money by selling more, not less, you have to do some complicated math modelling to see why they would withhold their games. The official noted that the most similar recent case, wherein the Justice Department challenged the merger of A.T. & T. and Time Warner, in 2019, on the ground that the combined firm could limit access to its content, also resulted in the governments loss. Vertical-integration cases, of the sort that Khans F.T.C. has indicated it will continue to pursue, are particularly difficult to win, the official noted, because the theory of harm requires some pretty complex math about the future, and because you have to weigh any harm against the benefits of integration.
Khan, who was appointed to the F.T.C. by President Biden, was sworn in as its Commissioner in June, 2021. She was the youngest Commissioner on record at the time and had relatively little experience inside the political bubble. Partly for that reason, she came into the office as the object of high hopes, both within the organization and among critics and activists who were concerned by the tech industrys growing power. In 2017, when she was still a law student at Yale, Khan established a reputation after publishing a paper called Amazons Antitrust Paradox, which argued that although Amazon offers the apparent benefit of low prices to consumers, it ultimately harms them by crushing smaller businesses that cannot afford to compete, reducing choice over time and doing damage to the wider economy. Although seeming obvious in retrospect, the article identified many aspects of the tech industry that have since come to be widely seen as negative, and presented a view of how antitrust enforcement should work that has gained traction across the field. A lot of people say, Its incredible that that paper was written by a student, but, from another perspective, it could only have been written by a student, Allensworth said. She was an outsider. There is a more commonsense way of thinking about markets and competition, and, in fact, its the way the companies themselves think about markets and competition.
But applying these principles to the real world, in a partisan political environment shaped by entrenched corporate influence, has proved difficult. Khans setbacks at the F.T.C. have been significant and high-profile, while the advances have been more subtle. One of the F.T.C.s most notable moves under its new chair was to refile a case against Meta which argued that the company had monopolized the social-media market, and which had been dismissed in 2021 owing to lack of evidence. Last January, a judge permitted the refiled casewhich featured a significant amount of new material and argued that Facebook, WhatsApp, and Instagram should be broken upto proceed. The ruling noted that, while winning at trial might still be a tall task for the F.T.C., the agency had now presented enough facts to plausibly establish that Facebook holds monopoly power in personal social networking, and that its acquisitions of Instagram and WhatsApp may have constituted anti-competitive conduct. (The case is pending.)
Last July, the F.T.C. went after Meta again, filing a lawsuit to block the company from acquiring a Los Angeles-based virtual-reality startup called Within Unlimited, which is known primarily for the V.R. fitness app Supernatural. In this case, the F.T.C. presented a similar theory to one underlying its attempt to prevent the Microsoft-Activision merger: that Meta was trying to buy a competitor in a market where it was currently a minor player but could easily become the dominant one in the future, reducing competition for fitness-related virtual-reality products. Following a trial in federal court, a judge rejected the F.T.C.s arguments, leading the F.T.C. to withdraw the case. Meta completed the takeover.
This loss loomed over the Microsoft-Activision challenge. In late June, both sides presented evidence at a five-day-long hearing in San Francisco in order to obtain a ruling before July 18th, after which the acquisition agreement could have been terminated by either party. During the hearing, Microsofts C.E.O., Satya Nadella, said that the company would have no financial incentive to block other console makers from access to Call of Duty, while the head of Microsofts gaming division reportedly raised his hand and pretended to take an oath: My testimony is: we will continue to ship future versions of Call of Duty on Sonys PlayStation. The judge hearing the case, Jacqueline Scott Corley, seems to have accepted these promises as genuine, noting, in her decision, that Microsoft had committed to making the game available on rival platforms, such as Sony and Steam. The F.T.C. appealed the ruling but quickly lost.
Allensworth noted that, while Khans commitment to pursuing big cases despite unencouraging odds had benefits, there were also risks, such as alienating the F.T.C. staff, who, according to staff surveys cited during the congressional hearing, have been suffering from low morale. Unfavorable court decisions also create precedents that could increase the legal burden for the next cases to come along. On the other hand, something had to be done. Professor Khan could have come in, been milquetoast, and done it the same way weve done it for forty years, Allensworth said. I think shes right. You cant be afraid of bringing the hard cases. I think its too early to say whether its working.
An earlier version of this article misstated the status of Microsofts agreement with Sony.
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A Setback in the F.T.C.'s Fight Against Big Tech - The New Yorker
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Be strong in the fight against Big Tech, Canada – Canada’s National Observer
Posted: at 8:46 pm
On his popular podcast Real Talk, host Ryan Jespersen recently asked me if I thought the federal government should back down from its standoff with Google and Meta.
Absolutely not! I said. Ottawa needs to double down.
Big Tech is trying to crush Canadas efforts to sustain its news industry by making scary threats and attacking Canadians right to freely access local news.
But Canada must not back down.
The Online News Act, passed a few weeks ago, aims to divert $300 million per year from the approximately $10 billion in untaxed revenue Google and Meta make on ad sales in Canada. That money will be redistributed to sustain a healthy independent press something that benefits all Canadians. But as they have done when facing government regulation in Australia, France, Spain and elsewhere, both companies retaliated by threatening to stop sharing news links from Canadian publishers on their platforms.
Canada needs to have a strong, free and independent press, Heritage Minister Pablo Rodriguez said a couple of weeks ago when discussing the legislation. Its fundamental to our democracy.
Then last week, Big Tech began meting out punishment. Google announced it was withholding its new artificial-intelligence chatbot from Canada. Meta began running ads opposing the law and explaining why it shouldnt have to pay.
Sandy Garossino, a noted columnist and podcaster with Canadas National Observer, has called their tactics mob-like.
What the hell kind of people act this way? she asks in her recent column. Nice little newspaper youve got there be a shame if something happened to it.
Its not like theyre strapped for cash, she points out. In 2022, they generated combined global earnings of some US$400 billion. Thats more than half a trillion in Canadian dollars, thank you very much. Plus, she notes, they paid no taxes on their Canadian earnings.
The threats seem to be working. A couple of weeks ago, the heritage minister appeared to soften his stance. That worried me coming so soon after Meta and Googles threats. When I read about it, I had to put my head in my hands and take three deep breaths.
Media commentator Michael Geist wrote a post that sums up the revisions, which he called, Caving in on Bill C-18 Government Outlines Planned Regulations that Signal Willingness to Cast Aside Core Principles of the Online News Act.
What rankles me about Rodriguezs yielding even slightly is that its way too early in the process for Canada to give in on any points. This could be easily misread as Ottawa relinquishing precious power in a grossly uneven struggle.
Big Tech can seem almighty. But its possible to push back.
In 2020, Australia stood up to Google and Meta with legislation that forced the tech giants to pay for news. And heres what happened: threats, bullying and, eventually, capitulation.
Australia hung tight. According to those working on the legislation, the issue was competition Australias news industry should have been compensated for helping Google and Facebook attract eyeballs.
Google and Facebook did not leave, Australias communications minister, Paul Fletcher, told Wired Magazine. They paid up, striking deals with news organizations to pay for the content they display on their sites for the first time.
This has resulted in millions of dollars for Australias news industry across the spectrum from Rupert Murdochs corporate empire to independent news sites. Not all publications seem to have benefited from the deals, however some have had as much as 30 per cent of their newsroom costs paid for by the platforms, according to news reports..
Tech companies like Google cant be trusted to act in the best interests of the news industry or democracy, as history has already shown us. Thats why governments must step in. The need for reliable daily news and intensive investigative reporting has never been greater.
Gathering quality news is expensive. It takes thousands of news reporters to provide us with the information we need as a nation to navigate threats to climate stability, public health and democracy. Ottawa is right to ask the tech giants to step up more. Canada is not alone in demanding this.
As my colleague Sandy wrote: Make no mistake, this attack is a proxy fight by these tech giants. A very similar bill, the California Journalism Preservation Act, is making its progress toward passage in that state with bipartisan support. Its facing similar threats, no doubt because legislatures everywhere will do the same. In other words, the world is watching how we respond.
This is an important moment in an international fight. This is Canadas moment. This is our moment. Join me in standing strong for democracy and independent journalism in Canada.
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Be strong in the fight against Big Tech, Canada - Canada's National Observer
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Decoding volatility: Are big tech stocks as stable as we think? – CryptoSlate
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Decoding volatility: Are big tech stocks as stable as we think? - CryptoSlate
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