Daily Archives: April 14, 2024

Oct 8, 2022; Nashville, Tennessee, USA; Mississippi Rebels running back Quinshon Judkins (4) celebrates with quarterback Jaxson Dart (2) after scoring against the Vanderbilt Commodores during the second half at FirstBank Stadium. Mandatory Credit: Christopher Hanewinckel-USA TODAY Sports

Mississippi online sports bettings fate is likely heading to a conference committee of House and Senate representatives.

Its been an interesting two weeks for Rep.Casey Eures(HB 774) Mississippi Mobile Sports Wagering Act. Last week the bill was approved by a Senate gaming committee, but stripped of all its sports betting language before being moved ahead to the Senate as a means to continue work and negotiations on the legislation.

The Senate approved the bill this week by a 36-15 vote with a reconsideration motion. The motion was not taken up on Thursday afternoon, and the legislation will likely now head to a conference committee for further discussion.

Eures sports betting bill was stripped of all its sports betting language by the Senate gaming committee last week as a means to move the bill along, according to committee chairman Sen. David Blount (D-29).

If people are talking, its a good thing. We want to continue to let them do that. We want to continue to move the bill along. There are a lot of issues that we need to consider, from the perspective of the industry and also from the perspective of the consumer, that we will do if we get to the point where we might be able to get something done this year. In the meantime, we dont want to stop people from listening to each other and working, he said at the committee meeting.

The House version of the bill allows each of the 26 Mississippicasinos to partner with a sports betting company to offer online sports betting throughout the state. Currently, online sports betting is only legal while on casino property.

The bill was moved forward to the Senate and approved Tuesday, but a motion to reconsider was made during that time. Blount proposed tabling the motion to reconsider Thursday afternoon and his motion was accepted.

The bill that was held on the motion simply brings forth the code sections that were in the bill originally passed by the house. There is no new language and I anticipate the house will invite conference when we send it back to them, Blount said.

If a conference is requested by the House, which Blount believes it will do, representatives from both chambers will meet to negotiate what the bill will include. Sports betting will certainly again be considered by the conference members.

Mississippis legislative session is scheduled to end on Sunday, May 5.

The House-approved bill dedicates all online sports betting tax revenue into the states emergency road and bridge repair fund.

The bill includes a tiered tax system for adjusted sports betting revenue as follows:

Each operator will also have to pay an additional 4% in gross revenue into the road and bridge repair fund. Operators would have to pay a maximum of 12% in adjusted gross revenue to the state depending on their revenue each month. Based on fiscal estimates, the state could see annual sports betting tax revenues anywhere from $25 million to $35 million each year.

There are currently 26 commercial dockside and land-based casinos in Mississippi. Under this bill, each would be eligible to partner with one sports betting company to offer online sports betting in the state. However, there are no limits to how many casinos each sports betting operator can partner with. So, in theory, Mississippi could have just a handful of sports betting operators partnering with all of the casinos in the state.

Gambling Regulatory Writer and Editor

Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.

Gambling

Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.

Read the original here:

Mississippi Online Sports Betting Bill Likely Heading to Conference Committee - Sports Betting Dime

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Bitstarz Casino is not just another name in the long list of online gambling platforms. It is a manifestation of the modern gambling era, where technology meets the timeless allure of casino gaming. Owned and operated by Dama N.V, a company with a formidable presence in the online casino industry, Bitstarz operates under a license from the Curacao eGaming Authority. This regulatory backing ensures a safe and fair gaming environment, a fundamental concern for players navigating digital gambling.

At its core, Bitstarz is a comprehensive gambling site, incorporating many games from top-tier software providers such as Authentic Gaming, Blueprint Gaming, and Big Time Gaming. These collaborations bolster the quantity and quality of games available, making for a rich and diversified gaming experience. The casino boasts over 2,000 games, spanning slots, table games, and live dealer experiences. Such variety caters to every type of player, from the slot aficionado to the strategic minds drawn to blackjack and poker.

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The casinos commitment to innovation and customer satisfaction is evident in its mobile app. Available for both iOS and Android devices, the app mirrors the convenience and variety of the desktop platform. Players can enjoy their favorite games, manage their accounts, and access customer support on the go, ensuring a seamless gaming experience across all devices.

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Bitstarz Casino has successfully harnessed the power of cryptocurrencies, making it a pioneer among gaming platforms that accept Bitcoin, along with other digital currencies such as Ethereum and Litecoin. This forward-thinking approach caters to the modern gamblers need for speed and security and positions the casino at the forefront of the crypto-gaming revolution. For a comprehensive understanding of Bitstarzs offerings, we shall navigate through its captivating game selection, lucrative bonuses, unparalleled customer service, and innovative features that collectively shape an exceptional gambling experience.

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Jackpot Games: Jackpot slots and progressive jackpots are available for those chasing life-changing wins.

Table Games: A robust selection, including Blackjack, Roulette, Baccarat, and Poker, among others, caters to traditional casino enthusiasts.

Live Casino: This is real-time gaming with live dealers, offering games like Live Blackjack, Live Roulette, and Live Baccarat for an immersive casino experience.

Bitcoin Games: This is a particular category for games that can be played with Bitcoin and other cryptocurrencies, offering ease of transaction and anonymity.

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Beyond its comprehensive game catalog, Bitstarz distinguishes itself through an array of bonuses and promotions designed to enhance the player experience. With its generous amalgamation of deposit matches and free spins, the welcome package is an enticing gateway for newcomers. Regular players are not overlooked, with reload bonuses, cashback offers, and innovative Slot Wars tournaments providing continuous incentives. These promotions not only bolster the bankrolls of participants but also instill a sense of community and competition.

In the dynamic and fast-evolving world of online gaming, finding a platform that provides a wide array of gaming options and aligns with modern financial trends can be challenging.

Since its inception in 2014, Bitstarz Casino has been at the forefront of blending traditional online casino experiences with the innovative possibilities offered by cryptocurrencies. This synergy offers a unique gaming environment that caters to a broad spectrum of player preferences. This article explores the multifaceted advantages of using Bitstarz Casino, underlining why it stands out in the crowded online casino landscape.

Bitstarz has earned its stripes as a pioneering figure in the cryptocurrency casino space. By integrating Bitcoin with other popular cryptocurrencies like Ethereum, Litecoin, Dogecoin, and Bitcoin Cash, Bitstarz offers its users the flexibility and privacy associated with crypto transactions. Unlike traditional banking methods, cryptocurrencies enable faster transactions without the cumbersome fees and privacy concerns. This integrated approach ensures players can quickly deposit and withdraw funds, fostering a seamless gaming experience.

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The heart and soul of any casino lies in its game library, and Bitstarz does not disappoint. With over 3,500 games sourced from the industrys best providers like NetEnt, Microgaming, and Evolution Gaming, players can access a vast selection of high-quality games. Whether its the thrill of slots, the strategic gameplay of table games, or the immersive experience of live dealer games, Bitstarz caters to all tastes.

The casino is also proactive in keeping its library fresh and exciting by regularly adding new titles. Unique to Bitstarz is the opportunity for players to try new games first, giving VIP members exclusive access to the latest releases. This serves as a testament to Bitstarzs commitment to providing a dynamic gaming environment and ensures that players have a reason to keep coming back.

Security and fair play are paramount in any online casinos consideration. Bitstarz understands this and has implemented robust security measures, including SSL encryption technology, to safeguard personal and financial information. Moreover, the casinos commitment to transparency and fairness is evident through its use of provably fair technology, which allows players to verify the fairness of games independently.

Additionally, Bitstarzs licensing and multiple awards from reputable gambling authorities and websites speak volumes about its credibility and reliability. These accolades reinforce the casinos status in the industry and give players peace of mind, knowing they are engaging with a reputable platform.

A critical aspect that sets Bitstarz apart is its exceptional customer service. The casino prides itself on a dedicated team of support agents available 24/7 via live chat, email, and phone. This ensures that players can access assistance whenever needed, creating a supportive and reassuring gaming environment. The comprehensive FAQ section further aids players by answering common questions and issues.

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In the ever-evolving online gaming landscape, Bitstarz Casino has carved out a niche as a leading platform that offers a blend of thrilling gaming experiences supported by various payment options catering to both traditional and modern gamers. This review aims to delve into the diverse range of Bitstarz Casinos payment methods, highlighting how these options reflect the platforms commitment to accessibility, security, and user convenience.

Bitstarz Casino, since its inception in 2014, has consistently been at the forefront of the online gaming industry, not only through its vast collection of games but also via its innovative approach to facilitating transactions. The casinos payment infrastructure is designed to accommodate a broad spectrum of players, allowing them to deposit and withdraw funds seamlessly, using both fiat currencies and cryptocurrencies. This dual approach, integrating traditional banking methods with the burgeoning field of digital currencies, reflects Bitstarzs understanding of its diverse user base and its commitment to providing a flexible gaming environment.

The foundation of Bitstarz Casinos payment system rests on its inclusion of conventional banking options, which remain a staple for many online gamers. These traditional methods include credit and debit cards, like Visa and MasterCard, which are universally recognized and used by many platform users. The familiarity and widespread acceptance of these payment options make them a go-to choice for players who prefer conventional banking.

Bank transfers, another cornerstone of traditional payment methods, are also supported by Bitstarz. This option is particularly valued by players making substantial transactions, as it often allows for higher deposit and withdrawal limits than other methods. Additionally, Bitstarzs use of e-wallets like Skrill and Neteller provides a fast and secure means for players to manage their funds, combining the convenience of online payments with the security measures these platforms offer.

However, while these traditional payment methods are valued for their reliability and widespread use, they often involve processing times and fees. For instance, credit and debit card transactions may incur a processing fee, and bank transfers can take several days to complete. Despite these drawbacks, including these methods ensures that players more comfortable with traditional banking have access to the platform.

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A defining feature of Bitstarzs payment methodology is its embrace of cryptocurrencies, which positions the platform as a leader in the crypto gaming sector. Integrating Bitcoin, the pioneering cryptocurrency, as a payment method was just the beginning. Bitstarz has since expanded its crypto portfolio to include other popular coins such as Ethereum, Litecoin, Dogecoin, Bitcoin Cash, and Tether. This inclusive approach to cryptocurrency reflects Bitstarzs recognition of the growing interest in digital currencies and their potential to offer a more efficient, secure, and private transaction framework for online gaming.

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At the heart of Bitstarz Casinos payment system is its emphasis on user convenience and security. Regardless of the chosen payment method, the platform ensures a seamless transaction process, from deposit to withdrawal. The user interface is designed to guide players through each step, making it straightforward for even novice users to navigate the payment process.

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Security measures are equally paramount, with Bitstarz employing advanced encryption technologies to protect users financial information. Additionally, the platform adheres to strict anti-fraud protocols and complies with KYC (Know Your Customer) regulations, safeguarding players assets and ensuring the legitimacy of transactions.

Bitstarz Casino has carved its path as a forward-thinking platform that embraces innovation while maintaining a robust customer-centric approach. Since its inception in 2014, the casino has consistently refined its operational model to align with user expectations and the dynamic digital currency landscape. At its core, the platforms financial framework offers flexibility, security, and speed, ensuring players can engage with the casinos offerings efficiently and with peace of mind.

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For players inclined towards digital currencies, Bitstarz stands out as a haven. The casino accepts a myriad of cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), and Tether (USDT), among others. This crypto-friendly stance highlights Bitstarzs adaptability to technological advancements and caters to a growing demographic that prefers the anonymity and security offered by digital currencies.

However, Bitstarzs utopic financial landscape is slightly marred by imposing a 2.5% deposit fee on specific payment methods. Even though they have removed deposit fees for most of their deposit methods, the casino compensates by providing a seamless deposit process with immediate transaction times for most methods, ensuring players can dive into their gaming adventures without delay.

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Turning the focus to withdrawals, Bitstarzs philosophy of speed and security shines through. The casino has garnered widespread acclaim for its speedy withdrawal times, often processing transactions within the commendable 15 60 minutes for most methods. This efficiency enhances the user experience and fortifies Bitstarzs reputation as a reliable and player-friendly platform.

The withdrawal option landscape at Bitstarz echoes the diversity seen in its deposit mechanisms. Players can withdraw their winnings through numerous channels, including but not limited to Skrill, Neteller, and various cryptocurrencies. The e-transfer option, a popular choice among Canadian players, and traditional methods like Mastercard and MiFinity, though previously available, have seen adjustments in their availability, pointing towards Bitstarzs dynamic financial policy and its adaptation to operational difficulties or regulatory constraints.

A noteworthy aspect of Bitstarzs withdrawal policy is its zero withdrawal fee for most methods, a rare find in the online casino sphere. This policy underscores the casinos player-first approach, prioritizing user satisfaction over profit margins. Moreover, there is transparency and ease in navigating the withdrawal process at Bitstarz.

Offering a wide range of payment options at Bitstarz casino broadens its appeal and fosters an inclusive environment where players from various financial backgrounds can participate.

The casino prides itself on its multilingual support team, which is accessible via live chat and email and ensures that assistance is available around the clock. This dedication to service excellence is mirrored in its user-friendly interface and mobile compatibility, guaranteeing a seamless gaming experience across all devices. Security is paramount, with state-of-the-art SSL encryption safeguarding players information, while the Provably Fair technology instills confidence in the games integrity.

Bitstarzs evolution is a narrative of relentless innovation. From its inception as one of the first casinos to embrace cryptocurrencies, it has continually adapted to the changing landscape of online gambling. The introduction of Bitstarz Originals, games developed in-house, adds a unique flavor to its game assortment, offering titles that cannot be found elsewhere. This drive for exclusivity and innovation, coupled with an unwavering focus on player needs, cements Bitstarzs position as a trailblazer in the industry.

Ultimately, Bitstarz Casinos allure lies in its ability to blend variety, security, and customer-centric services into a cohesive and compelling gambling platform. Through its eclectic game selection, enticing bonuses, and cutting-edge features, Bitstarz delivers a gaming experience that resonates with novices and veterans alike.

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Since its launch in 2014, Bitstarz Casino has carved out a niche as a premier online gambling destination, attracting a diverse clientele with its blend of traditional payment methods and cryptocurrency options. This groundbreaking approach has established Bitstarz as a leader in the online casino industry, offering various games, bonuses, and customer service options that cater to a global audience. However, like any prominent service, it has admirable qualities and areas some users may find lacking. This article delves into the most popular pros and cons of Bitstarz Casino, providing a nuanced understanding of what players can expect.

With over 3,500 casino games available, Bitstarz stands out for its vast selection, catering to various preferences. This impressive library includes slots, table games, live dealer options, and exclusive Bitcoin games from the industrys leading providers, like Evolution, Microgaming, NetEnt, and more. Such diversity ensures that players always have new games to explore, contributing significantly to the casinos appeal.

Bitstarz has embraced the concept of provably fair gaming, a significant draw for players concerned with fairness and transparency. This cryptographic method guarantees that neither the player nor the casino can know the outcome of a game beforehand, fostering a trustful environment. The casinos commitment to fairness is further highlighted by its use of renowned game providers known for their integrity and reliable gaming equipment.

The casino is well-regarded for its lucrative bonuses and promotional offers. New players are greeted with an attractive welcome package while returning players can enjoy regular promotions, free spins, and a loyalty program. For instance, the welcome bonus can go up to 5BTC plus 180 free spins, setting a high bar for competitors. Such offers enhance the gaming experience and provide players with additional opportunities to win.

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Security is paramount at Bitstarz, which employs the latest encryption technology to protect user data and financial transactions. Adopting two-factor authentication (2FA) adds an extra layer of account security, reassuring players about the safety of their information and funds. The casinos diligence in this area echoes its commitment to providing a safe and secure gaming environment.

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One of Bitstarzs notable drawbacks is the geographic restrictions imposed on players from certain countries, including the United States, the United Kingdom, Spain, France, and Italy. These limitations are due to licensing and regulatory issues and can significantly deter players residing in these regions.

While Bitstarz is fully licensed and regulated by the government of Curacao, some players and critics perceive this license as less prestigious than others, like the Malta Gaming Authority. This perception can affect the casinos reputation despite its compliance with gambling regulations and its commitment to fair play. However, Bitstarz has been a legitimate casino online portal since 2014, accumulating customer satisfaction.

Despite its numerous positive attributes, Bitstarz has faced criticism on platforms like TrustPilot, where it has encountered lower ratings. Some complaints revolve around identity verification issues and enforcing terms and conditions, particularly during withdrawals. While such feedback is expected in the online gambling industry, it underscores the importance of transparent communication and the consistent application of policies.

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Although Bitstarz offers attractive bonuses, the wagering requirements attached to these bonuses can be stringent. This aspect might need to be revised in the perceived value of the bonuses, as players must meet these conditions to withdraw any winnings derived from bonus funds. Its a common practice across online casinos, but players should know it.

Bitstarz has been accused of artificially inflating its rating on review sites by posting fake reviews. While this practice is intended to enhance the casinos image, it can diminish trust among potential players. Transparency and authenticity in customer feedback are crucial in maintaining a casinos integrity and reputation.

Bitstarz Casino distinguishes itself through many advantages catering to both fiat and crypto players. From its pioneering role in embracing cryptocurrencies and offering generous bonuses to hosting a vast selection of games from top providers, Bitstarz creates a comprehensive and satisfying gaming experience. Added to this are the high standards of security, fairness, and customer service that the platform upholds, making it a top choice for players seeking a reliable and enjoyable online casino experience. Whether youre a seasoned gambler or new to online casinos, Bitstarz offers a gaming sanctuary that meets and exceeds expectations.

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The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

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The world of live BTC casino sites offers a thrilling avenue for online gambling enthusiasts who value the added security and anonymity of cryptocurrency. These platforms seamlessly blend the classic atmosphere of traditional brick-and-mortar casinos with the cutting-edge technology of digital currencies. Players can immerse themselves in their favorite table games, such as blackjack, roulette, and baccarat, streamed in real-time, creating an engaging experience that feels like being seated right at the table, all from the comfort of home.

As Bitcoin and other cryptocurrencies continue to make waves across various industries, it comes as no surprise that the online gambling sector has also undergone a revolutionary transformation. Crypto-based live casinos not only ensure fast and secure transactions but also provide exclusive bonuses and promotions that are simply too enticing to pass up. However, navigating this burgeoning space requires some guidance to ensure players are engaging with reputable sites that prioritize both security and entertainment.

Diving into the heart of live BTC casino sites, this review section offers a detailed examination of the best platforms available today. Each site has been meticulously evaluated based on a range of crucial factors, including game variety, user experience, security measures, and the overall reliability of their services.

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Despite these minor drawbacks, Wild.io's overall package is impressive. The substantial welcome bonus, extensive game selection, and player-friendly features combine to create a compelling destination for crypto casino enthusiasts. The platform's intuitive interface and mobile compatibility further enhance its appeal, ensuring that players can enjoy a seamless gaming experience across devices.

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For casino gamers, Jackbit delivers a plethora of options, including slots, table games, and live casino experiences, powered by leading game developers like NetEnt, Pragmatic Play, and Microgaming, to name a few. The platform's slots collection is particularly vast, offering everything from classic fruit slots to the latest themed and branded slots. Table game enthusiasts are not left wanting either, with a rich selection of classic card games and unique variations available.

One of Jackbit's notable features is its approach to welcome bonuses and promotions. Instead of traditional deposit matches, new players can claim 100 free spins on the Book of Dead slot, with the enticing advantage of zero wagering requirements, meaning what you win is immediately yours. The sportsbook section doesn't lag behind, offering innovative promos like the "Betting 3+1" deal, where the fourth wager comes free after placing three straight bets, adding an extra layer of excitement to sports betting.

However, it's not all sunshine and rainbows; the platform has its drawbacks. The absence of a dedicated mobile app and a conventional welcome bonus for casino players might be seen as downsides. Yet, for those who value a wide variety of games and the flexibility of cryptocurrency transactions, these might be minor inconveniences compared to the overall gambling experience offered.

When considering the overall package, Jackbit's strengths lie in its extensive game selection, especially in the slots department, and its crypto-focused features. The platform's commitment to providing a diverse range of gaming options and its innovative approach to bonuses and promotions set it apart from the competition. The zero-wagering free spins offer is particularly attractive, as it allows players to enjoy their winnings without the usual strings attached.

Jackbit proves to be a compelling option for crypto gambling, offering an extensive game library and innovative promotions. While it could improve in areas like mobile accessibility and live dealer game variety, its strengths in game selection and crypto-focused features make it a noteworthy contender in the online gambling arena. As the platform continues to evolve and refine its offerings, it has the potential to become a true powerhouse in the world of cryptocurrency gambling.

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With an expansive selection exceeding 5,500 casino games from over 35 premier software developers, including industry heavyweights like Betsoft, Evolution, and NetEnt, Flush Casino solidifies its position as a key contender in the crypto casino domain. This crypto casino, established in 2020, is known for its smooth user experience, offering a rich selection of slots, live casino games, and a unique set of Flush Originals. The platform supports nine popular cryptocurrencies for both deposits and cashouts, catering to the digital currency enthusiast with ease.

New users at Flush Casino are welcomed with open arms and lucrative bonuses. The sign-up promotion unfolds in two tiers, rewarding deposits from $10 to $200 with a 100% match, and those from $200 to $1,000 with a 150% match, making it a flexible option for players with varying bankrolls. Additionally, the VIP Club at Flush rewards loyal players with a range of perks from free spins to cash backs, enhancing the gaming experience as you climb through its levels.

One of the standout features of Flush Casino is its extensive game library, which caters to a wide range of player preferences. The platform's partnerships with leading software providers ensure a steady stream of high-quality games, from classic slots to immersive live dealer experiences. The Flush Originals add a unique touch, offering exclusive games that can't be found elsewhere.

The casino's embrace of cryptocurrencies is another strong point, as it allows for fast, secure, and anonymous transactions. With support for nine popular digital currencies, Flush Casino makes it easy for players to deposit and withdraw funds without the hassle of traditional banking methods.

Despite its many strengths, Flush Casino is not without its drawbacks. The platform has faced criticism for its wagering requirements on bonuses, which apply to both the deposited and bonus amounts, potentially making larger deposits less attractive. This aspect could be more clearly communicated to players to ensure transparency and manage expectations.

Flush Casino stands out for its comprehensive game library, attractive bonus schemes, and the convenience of cryptocurrency transactions. While it navigates some challenges, its overall offering is solid, appealing to both newcomers and seasoned players looking for a crypto-friendly gaming environment. As the platform continues to evolve and refine its services, it has the potential to become a go-to destination for cryptocurrency casino enthusiasts.

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Stake differentiates itself in the competitive arena of Bitcoin live casino sites with a unique combination of gaming, sports wagering, and exclusive promotional events. Launched in 2017 and boasting a license from Curacao, this platform provides a secure and diverse gambling environment that caters especially well to cryptocurrency enthusiasts. What sets Stake apart is its extensive range of casino games and sports betting options, appealing to a broad spectrum of players.

While the absence of a traditional welcome bonus might initially seem like a drawback, Stake more than makes up for this with its innovative daily races and weekly giveaways. These unique features not only keep players engaged but also offer them a chance to win substantial prizes based on their activity on the site. This approach to promotions demonstrates Stake's commitment to providing a dynamic and rewarding gaming experience.

One of Stake's strongest suits is its massive game library, which boasts over 3,000 titles from leading software providers. Whether you're a fan of slots, table games, or live dealer options, you'll find plenty to keep you entertained. The platform's partnerships with top-tier game developers ensure a steady stream of high-quality and diverse gaming options.

But Stake isn't just about casino games. The site also features a comprehensive sportsbook that covers a wide range of sports and esports, offering competitive odds and a user-friendly betting interface. This addition makes Stake a one-stop-shop for gambling enthusiasts, catering to both casino and sports betting fans.

From a technical standpoint, Stake excels in providing a secure and user-friendly platform. The site's Curacao license adds a layer of credibility and trust, while its focus on cryptocurrency transactions ensures fast, secure, and anonymous banking options for players.

The platform's sleek design and intuitive navigation make it easy for players to find their favorite games and place bets with ease. Whether accessed via desktop or mobile, Stake offers a seamless gambling experience that is both visually appealing and functionally smooth.

Stake offers a crypto gaming experience that is hard to match. Its extensive game library, comprehensive sportsbook, and innovative promotions combine to create a platform that caters to a wide range of gambling preferences. Coupled with its focus on security and user-friendliness, Stake has rightfully earned its place as a top choice for cryptocurrency gambling enthusiasts. As the live Bitcoin casino landscape continues to evolve, Stake is well-positioned to remain a frontrunner in this exciting and ever-growing industry.

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As a trailblazer in the live Bitcoin casino market, BC Game is celebrated for its substantial welcome offer and a broad selection of games. Since its launch in 2017, it has established a robust platform that not only supports a vast range of cryptocurrencies but also offers over 8,000 games from 50+ different software providers, including industry giants like Red Tiger and Evolution Gaming.

One of the most striking aspects of BC Game is its incredibly generous welcome bonus, which can reach up to 360% for new users over their first four deposits. This offer is a testament to the platform's commitment to attracting and rewarding new players. But the generosity doesn't stop there - BC Game also provides daily promotions, ensuring that even regular players have opportunities to boost their winnings.

The platform's extensive game library is another major draw. With over 8,000 titles from more than 50 software providers, players are spoilt for choice. Whether you're a fan of slots, table games, or live dealer experiences, BC Game has something to suit every preference. The inclusion of games from industry leaders like Red Tiger and Evolution Gaming ensures a high-quality and diverse gaming experience.

BC Game also places a strong emphasis on user experience, particularly for mobile users. The site is optimized for mobile play, with the vast majority of its games accessible on smartphones and tablets. This mobile-friendly approach ensures that players can enjoy their favorite games on the go, without sacrificing quality or variety.

For cryptocurrency enthusiasts, BC Game is a particularly appealing choice. The platform supports a wide range of digital currencies, offering a convenient and secure way to deposit and withdraw funds. However, it's worth noting that the site has limited support for fiat currencies, which might be a drawback for some players.

Another potential downside is the imposition of small withdrawal fees for cryptocurrencies. While these fees are relatively minor, they can add up over time, especially for frequent players.

Despite these limitations, BC Game offers a compelling package for crypto casino fans. The platform's generous bonuses, extensive game selection, and user-friendly design combine to create a rewarding and enjoyable gambling experience. The comprehensive VIP program and daily spin winnings add an extra layer of excitement and reward for loyal players.

BC Game is a standout player in the live Bitcoin casino scene. Its innovative approach, generous promotions, and wide-ranging game library make it a top choice for cryptocurrency gambling enthusiasts. While the limited fiat support and withdrawal fees might be drawbacks for some, the overall experience offered by BC Game is impressive. As the platform continues to evolve and expand, it's likely to cement its position as a leading force in the world of crypto casinos.

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One of the most distinctive aspects of Gamdom is its focus on social gaming. The platform encourages player interaction through features like live chat, allowing users to engage with each other while playing their favorite games. This social element adds a unique dimension to the traditional online casino experience, fostering a sense of community and making the gaming experience more immersive and engaging.

In terms of game selection, Gamdom offers an impressive array of options. From classic slots to immersive live dealer games, the platform caters to a wide range of player preferences. The inclusion of proprietary titles like Gamdom Crash, Roulette, and HiLo adds an extra layer of exclusivity and excitement, offering players unique gaming experiences they won't find elsewhere.

Another notable strength of Gamdom is its payment flexibility. The platform supports a broad spectrum of cryptocurrencies and fiat options, ensuring that users from around the world can easily deposit and withdraw funds. This inclusivity is a testament to Gamdom's commitment to providing a seamless and accessible gaming experience for all players.

Security and fairness are also top priorities for Gamdom. The platform's Curacao eGaming license is a mark of its adherence to strict industry standards and regulations. Moreover, Gamdom's commitment to provably fair gaming enhances transparency and trust among its players. By employing advanced cryptographic techniques, the platform ensures that all game outcomes are random and unbiased, giving players peace of mind and confidence in the fairness of their gaming experience.

While Gamdom offers an impressive array of features and benefits, there are a few areas where the platform could potentially improve. For instance, the absence of a dedicated mobile app might be a drawback for some users who prefer the convenience of mobile gaming. Additionally, while the platform's bonuses and promotions are attractive, they may not be as extensive as those offered by some competitors.

Despite these minor limitations, Gamdom excels as a comprehensive gambling platform that caters to the modern player's needs. By combining traditional casino elements with innovative social features and a wide range of betting markets, Gamdom offers a unique and engaging gambling experience. The platform's commitment to security, fairness, and payment flexibility further enhances its appeal to a global audience.

Gamdom is a standout player in the live Bitcoin casino market. Its focus on social gaming, extensive game selection, and strong security measures set it apart from the competition. As the platform continues to innovate and evolve, it is well-positioned to remain a leading choice for players seeking a dynamic, engaging, and trustworthy online gambling experience.

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One of Lucky Block's most notable features is its user-friendly approach to registration and transactions. The platform offers the convenience of signing up via Telegram, making the process quick and easy for users. Additionally, the integration of WalletConnect for deposits and withdrawals streamlines the transaction process, allowing players to manage their funds seamlessly.

The casino's innovative approach extends to its bonuses, offering a generous 200% matched deposit bonus with minimal wagering requirements. This player-friendly bonus structure sets Lucky Block apart from many competitors, as it allows players to enjoy their bonus funds with fewer restrictions. Furthermore, the platform's exciting airdrop opportunities add an extra layer of excitement for cryptocurrency enthusiasts.

Lucky Block's game selection is another area where the platform shines. With a diverse array of games from leading software providers, players can enjoy a wide range of high-quality slots, live casino games, and table games. Whether you're a fan of popular slot titles or prefer the immersive experience of live casino games, Lucky Block has something to offer.

For sports betting enthusiasts, Lucky Block also offers a comprehensive sportsbook. This addition makes the platform a one-stop-shop for online gambling, catering to both casino and sports betting fans.

The platform's use of blockchain technology is another standout feature. Lucky Block even has its own cryptocurrency, LBLOCK, which offers unique promotional opportunities for users. This integration of cutting-edge technology demonstrates the platform's commitment to innovation and staying at the forefront of the crypto casino industry.

While Lucky Block has many strengths, there are a few areas where the platform could potentially improve. For instance, the website's design, while functional, may not be as visually appealing as some competitors. Additionally, while the platform's game selection is impressive, some users might prefer an even wider variety of games.

Despite these minor limitations, Lucky Block's overall package is compelling. The combination of a wide range of gaming options, user-friendly features, generous bonuses, and innovative use of blockchain technology makes it a strong contender in the crypto casino market.

Lucky Block offers a cutting-edge and comprehensive crypto casino experience. Its user-friendly approach, diverse game selection, generous bonuses, and integration of blockchain technology set it apart from the competition. As the platform continues to evolve and expand, it is well-positioned to attract a wide range of players seeking a high-quality and innovative online gambling experience.

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One of Thunderpick's standout features is its extensive game library, which offers an impressive variety of options for players. With over 4,000 games to choose from, including a wide selection of slots, table games, and live casino offerings, there's something to suit every taste and preference. The platform's partnerships with leading software providers ensure that players have access to high-quality, engaging, and innovative gaming experiences.

In addition to its casino offerings, Thunderpick boasts a comprehensive sportsbook that covers a wide range of sports and eSports events. The platform's competitive odds and user-friendly betting interface make it an attractive choice for sports enthusiasts and eSports fans alike.

Thunderpick's welcome offer is another notable aspect of the platform. New users are greeted with a 100% bonus, striking a balance between generosity and attainable wagering requirements. This approach demonstrates Thunderpick's commitment to providing value to its players while maintaining a fair and transparent bonus structure.

But the promotions don't stop there. Thunderpick keeps players engaged with a variety of ongoing offers, including massive Drops & Wins, weekly giveaways, and races that allow users to compete for substantial prizes. These innovative promotions add an extra layer of excitement and reward to the gaming experience, ensuring that players always have something to look forward to.

From a security standpoint, Thunderpick operates with a license, providing players with peace of mind and assurance of a safe and fair gaming environment. The platform's focus on catering to cryptocurrency users further enhances its appeal, offering fast, secure, and anonymous transactions.

While Thunderpick has many strengths, there are a few areas where the platform could potentially improve. For instance, while the website's design is functional and user-friendly, some players might prefer a more visually striking or immersive interface. Additionally, while the platform's customer support is generally responsive and helpful, the addition of more comprehensive FAQs or educational resources could further enhance the user experience.

Despite these minor limitations, Thunderpick's overall offering is impressive. The combination of an extensive game library, competitive sportsbook, generous promotions, and secure environment makes it a top choice for players seeking a comprehensive and engaging online gambling experience.

Thunderpick is a powerhouse in the live Bitcoin casino realm, offering a wide range of gaming and betting options that cater to the needs and preferences of cryptocurrency enthusiasts and eSports fans. The platform's commitment to innovation, security, and player satisfaction sets it apart from the competition, solidifying its position as a leading choice in the market. As Thunderpick continues to evolve and expand, it is well-positioned to remain at the forefront of the industry, delivering a top-notch online gambling experience to its users.

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One of the most distinctive aspects of Roobet is its array of proprietary games, such as Crash Dice, Instant Dice, and Mines. These games provide a provably fair, skill-based betting experience that sets Roobet apart from many of its competitors. The inclusion of these unique games, alongside a solid sports coverage, caters to both casual players and those looking for the thrill of live esports events betting.

Roobet's commitment to user experience is evident in its attractive, modern interface and mobile-optimized site, ensuring smooth navigation and gameplay across devices. The platform's dedication to continuously tweaking and enhancing its usability based on player feedback demonstrates a strong focus on providing the best possible player experience.

Another standout feature of Roobet is its generous promotions. The platform offers a range of bonuses and rewards that provide value to both new and existing players. These promotions, combined with the platform's extensive game catalog, create a compelling and engaging gaming environment that keeps players coming back.

From a banking perspective, Roobet's crypto-only approach has both advantages and limitations. On the one hand, the focus on cryptocurrencies ensures fast, secure, and anonymous transactions, which is a significant draw for many players. However, this crypto-centric approach may limit the platform's appeal to players who prefer to use traditional fiat currencies.

Despite this limitation, Roobet's overall package is strong. The combination of a wide game selection, attractive user interface, generous promotions, and commitment to security makes it a top choice for cryptocurrency enthusiasts looking to gamble online.

In terms of areas for improvement, Roobet could potentially benefit from expanding its banking options to include fiat currencies, which would broaden its appeal to a wider audience. Additionally, while the platform's customer support is generally responsive and helpful, the addition of more comprehensive FAQs or educational resources could further enhance the user experience.

Roobet is a sleek and engaging crypto gambling platform that offers a compelling experience for players. Its focus on a streamlined, crypto-centric approach, combined with its range of unique games, player-friendly promotions, and commitment to security, sets it apart in the competitive online gambling market. While the crypto-only banking may be a limitation for some, Roobet's overall package is strong and well-suited to the needs and preferences of cryptocurrency enthusiasts. As the platform continues to evolve and refine its offering, it is well-positioned to remain a leading choice in the world of crypto gambling.

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When exploring the world of live casinos, it's crucial to keep a keen eye on several critical aspects to ensure a secure and enjoyable gaming experience. Here's a rundown of the must-have features and considerations:

Understanding these elements in depth provides a comprehensive framework for evaluating the trustworthiness and quality of live BTC casinos. Beyond flashy games and big bonuses, the fundamentals of fairness, security, and support are key pillars that sustain a positive and secure gambling environment. By prioritizing these critical aspects, players can make informed decisions and enjoy a safe and enjoyable live BTC casino experience.

Bitcoin (BTC) emerged from the shadows of the 2008 financial crisis, introduced as an antidote to the vulnerabilities of the traditional banking system. Its creator(s), operating under the pseudonym Satoshi Nakamoto, envisioned a financial world where transactions could be made directly between parties, without the need for intermediaries like banks. The foundational whitepaper laid out the blueprint for a decentralized, peer-to-peer electronic cash system, introducing the world to blockchain technology.

At its core, blockchain technology is a type of database that is distributed across a network of computers. Each block in the chain contains a number of transactions; every time a new transaction occurs, a record of that transaction is added to every participant's ledger. This decentralization is crucialit means no single entity has control over the entire chain, making Bitcoin resilient to censorship and fraud. The technology ensures that every transaction is securely encrypted and immutable, meaning once a transaction is recorded, it cannot be altered or deleted.

Bitcoin mining is the process by which new bitcoins are entered into circulation. It's also a critical component of the maintenance and development of the blockchain ledger. Mining involves solving complex computational math problems that validate transactions in the network. In return for their efforts, miners are rewarded with new bitcoinsthis serves as an incentive to keep the network secure and operational. The process is energy-intensive and requires sophisticated hardware, contributing to ongoing debates about the environmental impact of cryptocurrency mining.

Bitcoin's implications extend far beyond its use as a currency. It has opened the door to the development of a vast ecosystem of cryptocurrencies and blockchain applications. Innovations like smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs) all trace their roots back to the concepts introduced by Bitcoin. These applications promise to transform industries by providing new ways to conduct transactions, manage contracts, and secure data.

The journey of Bitcoin from an obscure digital token to a widely recognized form of currency has been tumultuous. Its value has seen dramatic fluctuations, drawing the attention of investors, speculators, and regulators worldwide. Despite its volatility, Bitcoin has gained acceptance among retailers, financial institutions, and even some governments, solidifying its role as a legitimate asset class.

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Best Live Bitcoin Casino Sites 2024 - Crypto Gambling & Betting - Riverfront Times

Gov. Ron DeSantis signed a new law Thursday that could pump hundreds of millions of dollars into Floridas struggling environment from an unlikely source: online gambling.

Theres just one catch. Opponents to Floridas compact with the Seminole Tribe are hoping to get the U.S. Supreme Court to throw out the deal.

Under the bill, passed by lawmakers this year, 96% of the proceeds from the lucrative compact worked out in 2021 would go to secure a wildlife corridor carved out of rural lands between the southern tip of Florida and the Panhandle as well as fight sea rise flooding and worsening impacts from climate change.

Of about $750 million in revenue expected every year, the law requires at least $100 million to be set aside for the corridor and another $100 million deposited into the Resilient Florida Trust Fund to deal with worsening flooding and sea level rise caused by climate change.

Another $100 million would be divvied up between the Florida Fish and Wildlife Conservation, Department of Agriculture Services and state parks department to manage lands and fight invasive species like Burmese pythons.

Whatever is left would be used to address worsening water conditions around the state.

In his remarks, DeSantis dismissed the court battle.

We werent even a party to it, he said. It was a DC thing, but nevertheless got a negative outcome in the district court. And then it won on appeal. So the compact is in place and were getting revenue share and thats good.

But the owners of Magic City Casino say the deal gives the Seminole Tribe a monopoly for online gambling throughout Florida. They want U.S. justices to decide whether it violates the Florida Constitution, which only allows gambling on tribal lands under a compact granted through Indian Gaming Regulatory Act.

Intheir requestto the court to hear the case, Magic City wants the court to decide whether the gaming act would authorize a compact that essentially creates a monopoly; whether it violates online gambling laws by allowing internet sports betting where its otherwise prohibited; and whether Secretary of Interior Deb Haalands approval of the compact violates equal protection laws by making online gambling legal for the tribe while a felony for all others.

Last month, Magic Cityfailed to persuadeFloridas Supreme Court that DeSantis and his Cabinet improperly exercised their authority when they agreed to the more expansive online gambling compact.

U.S. justices have given Magic City and the Interior Department until April 12 to make their case for why the court should consider the matter.

Jenny Staletovich is WLRN's Environmental Reporter. Her work appears under a partnership between WLRNand the Key Biscayne Independent.

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Could online gambling provide millions to fight sea-level rise in Florida? - Key Biscayne Independent

3 days ago0 100 2 minutes readGambling News

Imagine Atlantic City. Boardwalks, flashing lights, the constant clink of coins it used to be a gamblers paradise. But heres the betting news report that, while online gambling in New Jersey is booming, Atlantic Citys casinos actually saw their profits shrink in 2023.

Uncover Exclusive Picks & Predictions From Our Experts.

This has everyone scratching their heads. Numbers dont lie, and these numbers are showing a surprising reality for this iconic city. Is it the rise of online casinos? Maybe stricter smoking laws? Whatever the reason, Atlantic Citys casinos are facing some tough challenges.

While betting online has witnessed exponential growth in New Jersey, the brick-and-mortar casinos in Atlantic City have struggled to maintain their profitability. Contrary to some beliefs, studies suggest that online sports betting activities often complement rather than cannibalize traditional casino revenue streams.

However, the recent decline in profits among Atlantic Citys casinos raises questions as to the extent to which online gambling contributes to overall industry dynamics.

According to Jane Bokunewicz, an expert at Stockton University, costs are increasing and Atlantic Citys casinos are facing stiff competition for your dollars. Even though theyre showering us with free stuff free rooms, meals, drinks, even chances to win its tough to keep the lights on.

This is making things tough for these iconic places and casino operators are wondering how they can bounce back.

The same forces that might be tightening visitors purse strings inflation, increased consumer prices are also forcing operators to dig deeper into their pockets, she said.

Lets talk winners and losers in Atlantic City casinos for 2023. Borgata took the top spot with a cool $226.1 million in operating profit, followed closely by Hard Rock at $125.5 million.

Ocean wasnt far behind with $117.2 million, a jump of nearly 22% from the previous year. Tropicana also saw a profit of $93 million, though that was down slightly from 2022.

The rest of the story isnt quite as rosy. Harrahs saw profits dip to $80 million, down almost 10%. Caesars and Ballys also experienced profit declines, with Caesars dropping to $51.7 million and Ballys coming in at $11.1 million.

However, its worth noting that Ballys actually turned a profit in 2023 compared to a loss in the previous year. Resorts saw their profits plummet to $9.5 million, a significant drop of over 50%.

Heres another interesting tidbit: only four casinos Borgata, Hard Rock, Ocean, and Tropicana managed to surpass their pre-pandemic profits from 2019. This could be partly explained by the well-deserved pay raises casino workers received through a contract reached in 2022.

Atlantic City casinos were less profitable in 2023 even with a boost from New Jerseys booming online gambling market. https://t.co/M8B2ybjWg6

FORTUNE (@FortuneMagazine) April 9, 2024

The debate over smoking regulations adds another layer of complexity to Atlantic Citys gaming landscape. While some argue that banning smoking could enhance revenue and job prospects, citing successful precedents in smoke-free casinos in other states, casinos contend that such measures would place them at a competitive disadvantage.

With profitability already on the decline, the prospect of stricter smoking regulations raises concerns within the industry about potential revenue losses and job cuts. As stakeholders weigh the economic implications of smoking policies, the future trajectory of Atlantic Citys gaming sector remains uncertain.

For gambling news, odds analysis, and more, visit Point Spreads Sports Magazine.

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Atlantic City Casinos Profit Declines: What's Behind the Numbers? - Point Spreads

Weve put together this guide to help you find the best real-money online casinos. Since not all online casino sites are created equally, some provide higher RTP games, more exclusive promotions, and the newest real money casino games and live dealer options.

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Finding the best real-money online casino can be challenging. So, our online gambling industry experts have done the legwork for you, using their knowledge and expertise to pinpoint the top sites. Below are the top 10 online casinos that have made the recommended list.

We recommend all of these casinos for a variety of reasons. Now, lets examine the top 5 casinos listed more closely and see what makes them unique and worth signing up for.

Wild Casino is one of the best real money online casinos, making the number one spot on our list. This site is great for crypto lovers with 16+ crypto payment options and ranks as one of the best Bitcoin casinos. You can also use traditional USD fiat payment methods but may be charged additional fees when using these options.

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Wild Casino offers various ways to contact customer support around the clock. Response times take less than 15 minutes, depending on the method , and the agents are very helpful and friendly.

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Everygame Casino has you covered in ways to contact customer support and service. We contacted the support team via the live chat, available at any time of the day or night. Our questions were answered quickly and in detail. Everygame also has an email address to which you can send your queries if they are not urgent, as response times are longer than the live chat.

What do you get at Cafe Casino? The hot drop jackpots are available every hour, every day. And an exclusive membership for Bitcoin players also provides a range of perks.

Online slots account for about 75% of all the games at Cafe Casino. The best and most well-known game providers out there, such as BetSoft, Rival Gaming, and RTG, provide the games.

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Cafe Casino offers a range of exciting and generous bonuses and promotions. Besides the hourly jackpots, you will find a welcome bonus that guarantees a 350% up to $2,500 boost when you sign up. This bonus comes with a 40x wagering requirement and is yours for a $10 minimum deposit.

Slots.LV is one of the larger top casino sites on our list. It has a simple user interface, which makes it easy for all players, including beginners, to get started. The site is even mobile-optimized to give a great mobile gambling experience on the go.

When you join Slots.LV Casino, you are greeted by a wide selection of games. As the name suggests, the game library comprises 250+ online slots. Slots.LV also offers demo mode, where you can play casino games for free and get a good feel of what they are like before you play for real money.

You will need a minimum deposit of $10 to get started making Slots.LV one of the best low-deposit casinos online. The site offers several reliable payment channels to fund your account. These include cryptocurrencies and other USD fiat-based payment options. The maximum you can deposit is $5,000.

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An extensive selection of quality slots at Las Atlantis has earned the site a spot on our recommended list of the best online casinos. Las Atlantis has over 350 slot games, including favorites like The Tree of Prosperity, Buffalo Wild Power, and Wolf Moon Pays. However, the site lacks live dealer titles and does not have a dedicated poker room.

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Below, we have created a table for you to see exactly what each of the real money online casinos on our list have to offer. We have shown you the real money casino games, software providers, payment methods, and the great welcome bonus you can expect at these online casinos for real money.

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Mobile gambling has increased in popularity, with more and more gamblers opting to use this convenient method. The top online casino sites will offer a great mobile experience. You will still benefit from the same features and games when playing online casino games from a computer. Offshore casinos dont have downloadable casino apps, but you can still use your mobile to access the sites.

The most trusted online casino advice will come from players who have spent time on the site and played the games. We have done this ourselves, but we also value other players experiences in producing a well-rounded online casino review. For this reason, we seek out what other players are saying about the casinos we recommend, their games, and overall experience.

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There are many real money casino games on the market. You can enjoy your favorite online slots and classic table games such as blackjack, poker, online roulette, and many other games. Most offshore gambling sites also offer a great live casino experience, where you can interact with live human dealers.

So, lets look at some of the best games available:

The main reason you should play real money casino games is because they are fun. The thrill of tossing dice and successfully predicting the outcome or hitting spin and landing on a winning payline: that alone should be enough to make you want to play casino games online for real money.

See the rest here:

Best Online Casinos for Real Money in April 2024 - ReadWrite

That appears certain to change, however, as the Thai government wagers on legalised casinos to bring in a windfall of tourism, jobs and taxes. Prime Minister Srettha Thavisin is in a hurry to get the legislation moving, aware that it will take up to five years to carve out regulations, approve bids and then build the integrated resorts with their hotels, concert halls, conference centres and licensed gaming areas. Thailands Prime Minister Srettha Thavisin wants to get the ball rolling on legalising casinos. Photo: AP

We do not want to promote gambling, but would rather supervise it and use the investment to create jobs, Srettha wrote on social media platform X on March 29. We can regulate the grey economy and collect taxes.

Late last month, Thailands lower house overwhelmingly approved a study recommending the development of entertainment complexes with casinos at their heart to be funded and built by private capital, and regulated with revenues taxed at around 17 per cent.

The casino plan was endorsed on Tuesday by the cabinet, paving the way for legislation to be formally introduced to parliament for a full debate.

Sretthas administration has prescribed a stiff cocktail of state spending and foreign investment to perk up a sickly growth rate thats forecast by the World Bank to barely touch 2.8 per cent this year far behind Thailands regional rivals.

Thai officials speculate casinos could eventually boost gross domestic product by 2 per cent annually, with industry insiders predicting that the gaming sector may rake in US$5 billion a year by the end of the decade, on the back of the kingdoms healthy tourist numbers.

Its early days, said Samuel Yin, an analyst at Maybank Investment Banking Group, but the signs are promising, as the opening of an entirely new market for gambling is a once in a decade event.

Thailands recent moves have already caught the attention of the big integrated-resort players, including Las Vegas Sands Corp., operator of Singapores Marina Bay, MGM and Asias biggest casino operator, Genting.

During a January earnings call, Las Vegas Sands Chairman and CEO Robert Goldstein said Thailand was firmly on the companys radar, enthusing: wed love to have a presence [there] in the future.

But others are hedging their bets, unsure of whether the big casino push will really be the ace in the hole that Thailands government expects.

Any revamp of the Buddhist kingdoms Gambling Act must carefully appease a health lobby concerned about addiction rates; religious conservatives worried about breaches of morality; and clean-government advocates who are sceptical about who will ultimately harvest the bounty of a new multibillion-dollar market in Thailands top-down economy.

Some politicians say we should have one or two casinos only, some say for foreigners only, said Taopiphop Limjittrakorn, a lawmaker for the opposition Move Forward Party and a former member of the committee examining the gambling laws.

His party says the key is liberalising completely, with clear guardrails to protect minors and rehabilitate addicts, so that new legal revenues can be made across the country.

If you have strict rule of law, if you enforce the law and minimise the social problems, I think we should deregulate fully [and] not let the gambling industry become another monopoly, he said.

With Thailands first legal casino unlikely to open before 2028, Somporn still has a long wait before she is able to make her first lawful bet in a lifetime of gambling and shes not alone.

At her level, the stakes are small. Somporn says she usually bets less than 200 baht (US$5) a day teased by the prospect of winning up to 100 times that amount.

Prime Minister Srettha says it is time to turn Thailands predilection for gambling into an asset rather than a criminal slush fund.

We want to get rid of the influential people who come with this illegal business and bring the income to develop the country, he said on X.

Getting the regulations right and then properly enforcing them is the real challenge, observers say.

Its exciting because Thailand is already Southeast Asias tourism juggernaut, said Maybank IB analyst Yin, of a country expecting 40 million visitors this year.

But the prime minister has to spend his political capital properly will Thailand try to employ the junket model which supercharged Macaus growth but led to a lot of money laundering, or will there be a local Thai entry levy similar to that in Singapore?

Singapore is the regional gold standard for new casino markets, pulling in billions of dollars in gaming revenue since launching in 2010. It enforces strict entry rules: gamblers must be over 21 and any Singaporean or person with permanent residency has to pay S$150 (US$111) per 24 hours to play.

It also operates an exclusion policy for problem gamblers, which can be activated by concerned family members or the casinos themselves.

Both of the city states casinos are spending heavily on upgrades to their non-gaming offerings, as Asias post-pandemic tourism rebound looks set to continue throughout 2024.

Marina Bay Sands plans to add a new 15,000-seat entertainment arena, additional conference spaces and a brand new luxury all-suite hotel tower with a public rooftop.

Just a stones throw away is the Resorts World Sentosa, which will also be getting a makeover, with a new Minion Park and Super Nintendo World at the Universal Studios Singapore and an expanded aquarium called the Singapore Oceanarium.

Marina Bay Sands casino revenue surged to US$741 million in the fourth quarter of last year, up 84.3 per cent year on year, figures released in January by parent company Las Vegas Sands show.

Thanks to it already being one of Asias top tourist draws, Thailands entry into the regional casino market is likely to force its competitors to up their game.

Gentings Resorts World Sentosa and NagaCorps Naga 1 and 2 in Cambodias Phnom Penh will be the most exposed to Thailand entering the market, according to a Maybank IB briefing note, as all three rely heavily on overseas customers.

The Philippines, which is expanding its casino offerings amid a strong recovery in tourist numbers, could also see its gaming revenues nibbled and eventually gnawed into by Thailand, with its better air and land connections to the rest of Asia.

For all the buzz around Thai casinos, Singaporean housewife Rebecca Lim*, 61, said she thought they were unlikely to woo many casual gamblers from the city state.

I dont think Singaporeans would specially make the trip to a casino when theyre in Bangkok since there are so many options here, she said.

Only time will tell, but Maybank IBs Yin said it was possible Southeast Asias gambling market could simply grow to accommodate new players without necessarily crushing the older ones.

When Singapore, just over the border from Malaysia, opened its Marina Bay Sands resort, everybody said Malaysian gaming is doomed he said. But it wasnt.

Malaysians lament end of holiday highs as Thailand considers cannabis U-turn

Intense speculation about Malaysias gaming sector erupted in late February after news broke that two of the three casinos at the Resorts World Genting hillside holiday destination in Pahang state had shut.

The company later clarified that the closures were temporary as part of efforts to improve our operational efficiency and enhance the gaming and entertainment experience for guests.

It did not say how long the renovations would take, but banking analysts expect the two casinos to be back in action by next year.

News of the Thai governments plans to approve casino licences has whipped up much excitement across the countrys southern neighbour, many of whose avid gamblers can frequently be found on the Mekongs gaming floors.

Another solid reason to visit, wrote Facebook user Simon Khoo in a comment about Thailands casino plans. We are OTW, said Allistair Tan, using the acronym for on the way and suggesting that Thailand build casinos in Hat Yai and Betong, a short hop from the border with Muslim-majority Malaysia.

Tourism operators, gamblers and government revenue departments across Southeast Asia are all poised to benefit from Thailands plans, but none so much as the big hitters in the casino world and their Thai partners who stand to become the gatekeepers to billions of dollars in gambling revenue annually.

Much work remains to be done, Fredric Gushin, CEO of global consultancy Spectrum Gaming Group, told This Week in Asia. [But] the recent expansion of gaming by the two IRs [integrated resorts] in Singapore and the expansion of gaming in the Philippines, along with legalisation of gaming in Thailand, promise to offer tourists and gamers increasing opportunities in an increasingly competitive market throughout Southeast Asia.

Thailands existing gambling laws date back to 1935 and ban all but state-sanctioned forms of betting.

But critics say legislation that is routinely flouted has lost the country untold billions in taxes, while allowing nefarious figures to build criminal empires on illegal bookmaking.

The internet has revolutionised access and the ease with which people can gamble, making most of what is on Thailands statute books obsolete and in need of a thorough revision.

At the same time, Prime Minister Srettha is looking to open up those parts of the economy that have long atrophied through a lack of competition or because of old laws.

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The dark world of Asias online casino industry

The dark world of Asias online casino industry

His governments new gambling bill has received bipartisan support in the lower house, as well as industry approval so far.

It recommends a competitive tax regime and a basic framework for legalised casino gaming, said Spectrum Gaming Groups Gushin. The next step would be to formulate a gaming law and standards for operation [that] should attract considerable international interest on the part of gaming operators, investors and the financial community.

Thailands first gaming licences are expected to go to a handful of global companies with the clout to build and run vast entertainment complexes with casinos at their heart.

They are likely to be joint ventures between foreign companies and local Thai partners, holding 20-year licences that are renewable every five to give the government some leverage. As in Singapore, Thais are expected to face an unspecified levy to enter and be subject to bans if bad behaviour or gambling addiction is reported.

Assuming two years to finalise a regulatory framework and three years to construct, the first EC [entertainment complex] may only open in 2029, Maybank IB said in its briefing note.

For gamblers, the new law will simplify a Thai passion that millions already partake of every day. Football punter Nattawut rejects the idea that a new wave of addicts will emerge if casinos open in Thailand for a simple reason: people are gambling anyway, online or on the street.

Are Galaxy, MGM casinos betting on Thailand amid Macau shift?

Nattawut, who only gave one name, places bets on European football games with a local motorcycle taxi rank who works for a bookmaker in suburban Bangkok a chain of illegal gambling thats so common in small communities across the country that he says its almost mundane.

We know where the opposition to changing the law comes from, he said. It is from those who stand to lose the most.

*Name changed at interviewees request

Originally posted here:

Thailand sees Philippines gambling billions, Singapores resorts and rolls the dice on casinos in hopes of cashing in - South China Morning Post