Category Archives: Online Gambling

T

he governments of Axel Kicillof in Argentina's province of Buenos Aires, and Horacio Rodrguez Larreta in the capital city of Buenos Aires, want online gambling to start as soon as possible. They need to add income to the public coffers after the economic downturn of the pandemic, to which inflation and the social crisis are added. They are ambitious to raise significant sums of money from one of the sectors that contributes the most to electoral campaigns.

According to reports, the authorities of the floating Casino Buenos Aires have launched initiatives encouraged by that push with promoters now receiving bettors as soon as they set foot on the riverboats, inviting them to register on their online platform.

In the offices of the gaming regulator in the province, the Provincial Institute of Lottery and Casinos, chaired by Omar Galurralde, they are cautious with the estimated collection numbers, while the Buenos Aires City Lottery (LOTBA) expects to contribute about US$ 6 million annually to the public treasury, based on what happens in other countries, where online bets represent between 5% and 7% of the volume of in-person bets.

Both governments know that they have fallen behind in comparison to other national jurisdictions since already twelve provinces have already enabled online gaming operations: Tucumn, Entre Ros, San Luis, Santa Cruz, La Pampa, Chaco, Misiones, Neuqun, and Ro Negro, in addition to Santa Fe, Mendoza and Corrientes (the latter did so during the pandemic).

Nevertheless, both Kicillof and Rodrguez Larreta's teams know that they control the two districts most sought after by operators; and that, at least during the first stage, they will work as closed niches. In other words, Buenos Aires province residents will only be able to bet on authorized portals within the province, and Buenos Aires City residents will be limited to those authorized in the city.

In the province of Buenos Aires, the government of Mara Eugenia Vidal (former governor) promoted law 15,079 and moved forward with the selection of seven licensees for a period of 15 years, a process that was carried on by the Kicillof team.

Each license includes a local partner and a foreign counterpart: William Hill (together with ArgentBingo, in charge of Bingo Moreno), Bet365 (Bingo Berezategui and Bet365), Playtech (Casino de Tandil and Dynamo Tyche), Bplay (Boldt and 888), BetWarrior (from Binbaires and Intralot), Betsson (Casino Victoria and Grupo Bettson) and Pokerstars (Atlntica de Juegos, in charge of Bingo de Chivilcoy and Stars Interactive Limited).

However, Hugo Alconada Mon's report considers that Atlntica de Juegos appears as the witness case that set off the alarms of the political class. Officially, the union of companies requested an extension to complete the bureaucratic procedures with the Buenos Aires Lottery; but low-key informed the authorities that they re-evaluate the steps to follow in the face of the local economic situation, the devaluation, and the dollar stocks.

What is going to happen to the net profits of foreign companies? Will they be able to exchange said profits for dollars? Will we be able to transfer royalties to the headquarters of our partners? , expressed one of the businessmen aware of the deliberations that are taking place at this time and that, according to him, could delay the beginning of online operations until next year.

In the city of Buenos Aires, the situation although similar it has its differences. Among other reasons, due to the legal structure that governs that district, the Buenos Aires Legislature also passed a law in September 2020, but the City Lottery did not grant licenses, but "precarious use of permits" for five years, without setting a maximum limit of permit holders.

So far, the City advanced with seven "permits", although the number may increase since those who obtained licenses in the province, as well as those who lost in that bid, want a slice of Buenos Aires. This is the case of Codere, which was left out of the province of Buenos Aires' online business, but entered the Buenos Aires city district like Boldt, Betsson, Ibiza, Upline, Betway, and Ondiss, among others.

In both jurisdictions, they also agree that it is a matter of time and pragmatism. Underground online gambling became very, very strong in the province during the pandemic. Therefore it is not a question of debating whether we enable online gambling, but rather of solving how we do it," indicated a variety of sources related to Kicillof's government. And from the Buenos Aires Lottery, led by Martn Garca Santilln, they offer examples of illegal gambling: only in recent years, they denounced before the Justice the existence of more than 950 websites that allowed online gambling without holding a permit.

Given all this, the National Directorate for Internet Domain Registration (nic.ar), dependent on the Presidency of the Nation, grants "bet.ar" domains to operators, and it will be sought that residents of the province of Buenos Aires may only be allowed to bet on websites with these domains, blocking, therefore, access to the rest.

It is also in the process of implementing how it will be verified that whoever claims to live in the province of Buenos Aires actually does so. "We will do it with Renaper (the national people's registry)", they indicated from Buenos Aires Province Lottery, alluding to the National Registry of Persons.

However, from the City Lottery, they aim at the geolocation of users. The permit holders must have systems that allow them to determine if the potential gambler is located in the city of Buenos Aires, regardless of their registered address with Renaper.

Regardless of those instrumental differences, however, the premise is that both districts go live at the same time. Also that they share technical parameters, to develop a single technological platform to which, in theory, the other provinces could adhere.

In both jurisdictions, they argue that online gambling would allow bettors to be more controlled and limit the risks of gambling since registration will be required, making it possible to track the time spent and amounts wagered and ban those who are minors or those that receive subsidies from the State.

Both jurisdictions agree that this is the first step in a process that will record mutations. A source who asked the journalist from the newspaper La Nacin to keep their anonymity, said there will be a very strong dispute between the football clubs, the online betting companies, and those in charge of televising the matches. The income amount will change completely, and they will have to renegotiate the percentages. For now, however, and although some companies already advertise on certain team jerseys, the Argentine Soccer Association (AFA for its initials in Spanish) or the Professional Soccer League (LPF for its initials in Spanish) have not yet contacted those responsible for the lotteries.

The rest is here:

Buenos Aires city and province online betting to start after Sunday's elections - Yogonet International

The global pandemic has caused a boom of online gambling around the world. This industry has always been exploited by scammers, and it is only natural that the soaring demand has given rise to more shady websites.

Players should be extremely careful to make sure they gamble in a safe environment. Discover the key precautions recommended by cyber security experts.

Casinos should be compared based on a number of criteria. Players often rely on expert ratings like https://wintermoolah.com/ to find a gambling vendor. Professional analysts research the background of every platform and its operator, look at the security measures, user feedback, convenience of transactions, and other aspects. Use the following criteria the next time you search for an online casino.

- Advertisement -

The license is the first priority. Unregulated casinos not only fail to provide any guarantees. If something goes wrong, the users have no legal recourse. Major operators acquire licenses from jurisdictions like the UK, Malta, and Curacao. For example, a license from the UK Gaming Commission is a good sign.

To become legitimate, casinos have to comply with stringent requirements in terms of user experience, customer service, security, and more. Vendors that have nothing to hide share their license details online. They are usually found in the About Us section or in the footer.

As online casinos do not have dealers (the live dealer mode is the only exception), all of their games are connected to the random number generator engines. Their purpose is to provide fair conditions for all users, and they must be inspected on a regular basis. Testing agencies like eCOGRA audit RNGs, and casinos that pass the tests can include the companys logo on their websites.

Any websites that collect personal or financial information from their users must have an SSL certificate in place. The HTTPS standard, which is confirmed by a green padlock sign next to the URL, protects any data exchange from third parties. Casino websites also use encryption (128-bit or 256-bit) to prevent leaks.

Finally, you can gain priceless insights from the experience of real casino members. Gambling forums and social media communities let players discuss their impressions, strategies and concerns. While feedback is not always objective, problems experienced by different users are red flags. For example, consistent delays with withdrawals should raise suspicion.

The coronavirus pandemic has caused an online gambling boom, but the rise of new vendors has been accompanied by an increase in fraud. To stay safe, gamblers should compare platforms based on their reputation, license, and security measures. Prominent casinos are not only regulated better, but they also uphold their reputation to retain and grow their clientele.

- Advertisement -

Related

- Advertisement -

Read the original here:

Online Gambling Scams And How to Avoid Them - Q Costa Rica News

Wondering what are the best online casinos? Look no further weve done the homework for you and picked out only the top casino sites that rank high in terms of benefits to the player, available games, banking, and safety.

Online casino sites provide you with a chance to play all of your favorite games including poker, blackjack, slots, and more. Some also offer live dealer action, which translates to a brick-and-mortar casino experience, all from the comfort of your own home.

Below, you will find the best online casino for every category of the player. So, folks, which one will it be?

First look:

Runners-up:

As the name preempts, Slots.lv majors in slot games as it features numerous slot alternatives, including the 3D variation.

The game selection on display resonates quantity and quality, with software providers like Betsoft and Real Time Gaming stocking their best productions here. Youll also find popular poker games like Jacks or Better and Joker Poker.

The bonuses here might motivate you to play slots, table games, live dealer, and even jackpot games. That said, Slots.lv ranks among the top online casinos that prioritize players concerns. At this online casino, customer support channels include live chat and email.

You can also play all games for free or for real money. Payment-wise, Slots.lv allows Bitcoin users and gives them extra bonuses alongside swift withdrawals. However, this online casino can do better by introducing live poker games.

Red Dog is a young yet promising online casino. This real money online casino fields crucial casino site add-ons ranging from a clean and easily navigable layout, high-quality games & a functional mobile casino. It also earns some marks for security as players are protected by 256-bit SSL encryption. That said, games are also fair due to the incorporation of an RNG algorithm.

Red Dog casino also accepts crypto users as well as granting these payment mediums extra bonuses. The payout speed, especially for Bitcoin, is reasonable.

This Dog-themed casino has fair bonuses, including a generous welcome bonus and other reload offers. The online casino currently only has games from Real Time Gaming & Visionary iGaming, which is limited despite featuring some popular titles.

Surviving the casino industry, especially as a newcomer, might come off as a tall order. While most new casinos online dont make it too far, Cafe Casino seeks to change this worrying narrative. This casino site stands out for having generous welcome bonuses for regular and crypto depositors. Thus, newbie gamblers might take a liking to this iGaming destination.

If you want a more engaging poker experience, you can seek an alternative at the video poker segment. However, this online casino could use more banking methods.

mBit is a fully licensed Bitcoin casino. One of its outstanding offers is the exclusive 110% first deposit bonus of up to 1 BTC + 300 free spins incentive. As a player looking to make positive dividends from gambling-related activities, mBit Casino might be worth a try.

That said, the game variety at mBit is encompassing as it features 2500+ titles from world-class software providers. This, in turn, makes the online casino a likely thrill spot. The number of online slots, poker, table games, and jackpot games is extensive enough to keep you entertained.

Other than Bitcoin, you can use Ethereum, Litecoin, Dogecoin, and BitcoinCash to foster site transactions. That said, mBit Casino promises lightning speed payouts in under 10 minutes. With the payment alternatives on show, this venture is feasible.

While everything seems excellent at mBit, it should do more in the customer support department, as replies to emails do take a while. Also, this online casino offers just cryptocurrencies for site-related transactions, a drawback for players who prefer fiat mediums.

Intertops Casino has had a long history in the real money online gambling industry, having been operational since 1996. It operates two casino sites on the same platform Classic and Red. The two offer different games and bonuses, which is great because everything comes in twos, doubling the fun.

Intertops also has several safe and secure payment methods, including Credit/Debit cards, bank transfers, eWallets, and several cryptocurrencies, including Bitcoin.

We applaud its attempt to be solution-oriented to players, providing different support mediums like live chat, email, Skype, and three toll-free numbers.

If you top up all these with the good bonuses, youll understand why it has been on top of its game since inception. The generous welcome offer is among the best youll find in the casino gambling industry.

On the flip side, while the idea of hosting two online casinos seems excellent, it can be confusing and overwhelming for some players.

Most online casinos neglect the poker section or throw in a few poker games-. However, thats not the case at Super Slots. If playing poker is your thing, Super Slots could be your base. Besides the poker alternatives, the online casino has an ample supply of slots and table games like roulette, blackjack, & craps.

You can also take advantage of the generous welcome package and other decent promotions. This online casino processes payment fast, so accessing your winnings doesnt take forever.

While we have seen some online gambling sites with more slot games than Super Slots, weve noticed how selective they are with the ones they choose to host. Here, the 250+ slots available are high-quality titles from leading game providers, featuring decent RTP values.

We, however, feel that they can do more to improve the user interfaces navigability.

If theres a casino that believes in the psychology behind the first impression, then Las Atlantis might have earned the top prize. Something is soothing and welcoming about the design of the landing page. The under the sea design resting on the calm blue waters oozes tranquility, which goes a long way in reminding players that they are here to relax and have fun.

For a site established in 2020, Las Atlantis Casino has gone on to mark its territory in a gambling market laden with tons of other alternatives. Part of this commitment can be seen from the welcome bonus offer.

On Las Atlantis, youre eligible for up to $14,000 across your first five deposits, an incentive thats generous compared to some established iGaming platforms. Unfortunately, this good offer doesnt apply to poker players.

Although the payment methods on display suffice, they could use more.

Ignition Casino aims to ignite your gambling adventure with great poker titles, slots, virtual sports, and other table games.

If youre a bit of a pro and want to go head-to-head with other players, you can participate in live dealer challenges and regular tournaments alongside other poker lovers. At Ignition Casino, these tournaments consist of daily and weekly variations, with options available to cater to the needs of numerous poker players.

Ignition Casino is also a good spot if you want to use Bitcoin as a payment option. Its convenient, fast, and doesnt charge withdrawal fees. That said, Ignition Casino should enable easy access to the 24/7 live chat as this customer support medium appears somewhat hidden for new players.

When it comes to online betting, Bovada has been an established alternative since its 2011 launch. For sports lovers who also have a thing for betting, you might want to take a second glance at what Bovada has to offer.

Sports aside, Bovada has a functional online casino. You can step into the casino section and enjoy video poker, slots, and table games. Bovada also has generous casino bonuses. The user interface is straightforward, featuring payment methods that are safe and secure.

Should you opt for mobile play, youll still access quality games. While Bovada earns a reputation for smooth site navigation, adding more titles to its games lobby should be prioritized as available options are somewhat limited.

If youd like to place wagers at an online casino that has been around for quite some time, Wild Casino might be worth a trial. Launched in 1991, this operator has been in service for decades. That said, software providers like Nucleus Gaming, Betsoft, and Visionary iGaming explain the wide game variety at Wild Casino.

The sites functionality, mobile compatibility, and the general website design are clean and user-friendly. Resultantly, you dont need an online casino app to commence gaming, as you can play on your phone or desktop with an Internet-enabled web browser.

The online casino also has many deposit and payment methods, including both fiat money and cryptocurrencies. Nonetheless, the caveat here is that non-crypto options charge transaction fees.

Fairness and Licensing All law-abiding online casinos must be licensed as its a good sign for player security. These casino sites should also practice fair play by listing provably fair casino games. Here, regulatory authorities like eCOGRA vet their gaming outcomes. Part of fair play at casinos online includes RNG usage to ensure the games arent rigged.

Game Variety Players should have the liberty of choosing from a much wider variety of real money casino games. The online casinos on our listing have made it possible for players to experience the thrill of trying out numerous games. While there might be limited interaction with the dealers and other players, the best casinos online bridge that gap by hosting live games and tournaments.

Bonuses Bonuses are player incentives available at the best gambling sites. Notable mentions include welcome bonuses, no-deposit bonuses, free spins, referral bonuses, and reload bonuses. That said, the best online casinos feature T&Cs that are attainable. Consequently, a players chances of making real money wins are bolstered.

Payment methods The top online casinos offer standard accessible payment methods. These sites also host swift payment methods that feature little to no transaction fees. The banking mediums on display should also grant you unfettered access to available incentives.

In most cases, the answer to this question depends on your location. Most countries and states are now legalizing online gambling, while others have several restrictions to promote fairness and security in every aspect.

Kindly confirm your jurisdictions position on online casino gambling. Why? Since gambling provisions differ from country to country, its essential to stay current with the latest regulations to ensure you arent caught on the wrong side of the law.

The amount of money you can win is limitless unless the terms state otherwise. Some bonuses come with capped winning requirements. Considering the many jackpots and progressive jackpot games available in the casino sites, we can only say that the skys the limit.

Online casinos can payout life-changing amounts. However, remember that gambling is a game of chances and luck( house always wins). So, dont get ahead of yourself because this isnt a source of financial breakthrough.

At online casinos for real money play, wagering requirements are constants. It implies the number of times you have to stake or wager a bonus before its ready for withdrawal. For example, if the wagering requirement on a video slot is 35 the offer, it means that you have to wager bonus funds 35 times before youre eligible to withdraw whats left.

Also known as playthroughs, wagering requirements are always the most daunting terms when playing casino games for real money. Always check how realistic they are before selecting a game or settling for a bonus.

If the terms imply something like a 35 (deposit + bonus), it means you have to wager 70 times. Be vigilant of provisions like this as theyre, most times, almost impossible to attain.

Not at all. As long as you play at licensed and regulated casinos for real money, the gaming outcomes are always fair. The best online casinos feature RNGs (Random Number Generators) that have undergone numerous tests. These add-ons are instrumental in ensuring fairness as gaming results are randomized.

Also, reviews like this come in handy when searching for trustworthy casinos because some shaky ones package themselves so well that you can miss the red flags.

Most definitely. As long as youre playing in a licensed casino, youre good to go. Why? These casinos must go through thorough scrutiny before they begin operations. Consequently, safety and security are some of the requirements that the best online casinos have to fulfill.

That said, Bitcoin casinos are considered safer because they allow player anonymity. Here, the possibility of hackers getting access to your personal information is next to zero.

Our advice? Stick to what you know. You also need to understand the rules of the game to play optimally. Finally, opt-in for bonuses and promotions as they increase your winning chances. However, be wary of the limitations that come with these incentives.

Its pertinent to note that these are just tips that can improve your winning chances. If you want to have maximum fun in a casino, treat gambling as a recreational activity.

Did you know that some casinos allow you to play the games for free? For instance, in casinos like Red Dog, you can play games without making a financial commitment. Save for live dealer titles; the rest are available on a trial basis. These are the ones we call free games.

That said, you can also play free games for real money. However, youll have to deposit money into your casino account. This option always has more perks because youll receive bonuses, move a step towards the VIP program, and most importantly, stand a chance to win real money.

Remember, trial games are risk-free, as you always have some virtual free money to foster play. Nonetheless, winnings from these titles dont translate to real money payouts.

Absolutely. The best online casinos are optimized for mobile gaming. Some iGaming sites even have real money casino apps so that you can play your favorite casino titles without having to deal with delays associated with their web-based offerings.

However, its crucial to note that your preferred games might not be available at some of the online casinos weve listed. Consequently, seek out a site that features your top gambling alternatives in its games lobby. That way, your time at a gambling site is fun and rewarding.

Real money sites are great places to have fun. Most players prefer video slots, which explains why theyre the most stocked in most online casinos. However, players who have a thing for poker can access some immersive options at the casino sites above.

Also, the best casinos give offers to get new players on board. These platforms also have reload bonuses for existing players too.

The casinos we have mentioned here are safe, offer good bonuses, and have wide game varieties. If you choose to select out of this list, the onus is on you to gamble responsibly at all times. When in doubt, engage Responsible Gambling tools that can help mitigate an impending addiction.

DISCLAIMER:

Casino sites listed on our site may not be available in your region. Check your local laws to ensure online gambling is available and legal where you live.

If you suffer from a gambling problem or suspect somebody you know does, then we strongly suggest that you call the National Problem Gambling Hotline at 1-800-522-4700 to talk with an advisor for help and to make gambling safer for you or your loved ones. Remember, all gambling sites and guides are 18+ only.

Visit these organizations for free gambling addiction resources:

Follow this link:

Best Online Casino Sites in the USA Today - Observer

A popular and respected GP who embezzled more than 1.1 million in six weeks of madness to pay for his online gambling habit has been jailed for three years and four months.

Experienced doctor Rumi Chhapia stole the funds from the healthcare group he founded, in 65 transfers during a 41-day period in 2020, to pay off his debts playing slot machines and roulette.

The money was taken from Portsmouth Primary Care Alliance Limited (PPCA), a collection of GP practices in and around the Hampshire city, whose role included tendering out-of-hour GP services.

The court heard he gambled away a total of 2.5 million, of which he recouped 1.2 million of his losses.

Sentencing Chhapia, 45, for fraud by abuse of position, Judge Keith Cutler said: You abused the trust placed on you and took 1.1 million from the PPCA, money which should have been for GP surgeries to develop their services.

This is a very serious abrogation of your responsibilities as a doctor your duty as a GP should have been to provide the very best of care to your patients, that should have been the pinnacle of your care, but you were dishonest.

You were seduced by your addiction to gambling.

He added: You are a man of good character, you have excellent references, you are a GP who has such skills and abilities that people have written to me, and you have shown your expertise time and time again and you are a popular and respected doctor.

The last thing a judge wants to do is to send a man such as you, a doctor with such skills and abilities, to prison.

Matthew Lawson, prosecuting, told Portsmouth Crown Court that Chhapia, a father-of-one from Southsea, stole 1,133,704.50, of which he went on to repay 238,000.

Mr Lawson said: He made a full confession to taking the money from the PPCA. He had run into financial trouble and tried to repair his finances through online gambling but only proceeded to lose more.

He said the defendant, who was a director of PPCA, had been able to access the funds unhindered when a colleague was signed off sick.

He said Chhapia had even carried on stealing the money after being confronted by colleagues.

Mr Lawson added: His gambling addiction escalated, he had remortgaged his property, lost his car, but, unable to cover his debts to family and friends, he used the opportunity to transfer the money to his own account to pay for slot machines and roulette.

A statement from the PPCA read to the court said staff had needed counselling and the people of Portsmouth had lost a chunk of NHS money which could have been used to benefit their care.

Mr Lawson said that negotiations with the gambling companies had led to them refunding the remaining 900,004 of the stolen money, meaning the PPCA should be refunded all of the funds taken by Chhapia, who had a previous conviction for drink-driving.

Stan Reiz QC, defending, said: He is a hard-working, honest and talented doctor who has behaved in manner which is wholly out of character for him, this is not a fall from grace but a product of a perfect storm.

He suffered from financial difficulties which was compounded by the Covid pandemic and this was augmented by his gambling disorder, which was not diagnosed at the time but is now.

He added: He is deeply remorseful for the pain he has caused and takes full responsibility for his wrongdoing.

He has embarrassed the company he built from the ground up and himself for six weeks of madness.

He was under the delusional impression that he would win, fed by his addiction he felt he was one win away.

The situation he found himself in was desperate, the only way he could see to repay the money was to gamble more.

Mr Reiz said Chhapia had approached the gambling firms himself and arranged for them to repay the money by saying it had been the proceeds of crime.

He said that Chhapia, who has twice caught Covid, had continued to work in A&E following his arrest and said: During the second wave of the pandemic he was working in a hospital on the Isle of Wight and his conduct was described by some of his colleagues as excellent.

Read the rest here:

GP who embezzled 1.1m to pay for online gambling habit jailed - Largs and Millport Weekly News

Everyone knows about regular casinos. Fly to Las Vegas and visit the strip or drive to your nearest local casino and you can play whichever game you like best.

However, there are now options for online casinos. Like most industries, casinos have found a way to deliver their product online. The number of online casinos has grown in the past decade, and today online casino sites are easily found on the internet.

As a result, online casinos are increasing in popularity and are worth a look.

Online casinos started in 1994. Reportedly, the government of Antigua and Barbados passed the Free Trade and Processing Act, which allowed casinos from other countries to apply for licenses to open online casinos. As a result, Microgaming and Cryptologic built the first online casino gambling software.

In 1995, Microgaming launched the first online casino, The Gaming Club. In 1996, the first real money was gambled on InterCasino, and the company had 18 games in 1995. Also, in 1995, the Kahnawake Gaming Commission was established in Canada to issue online casino licenses.

Today, online casinos are a multi-billion industry, and it is estimated the market will grow to more than $80 billion by 2025.

There is little difference conceptually between regular casinos and online casinos, and the games are the same. You can play online slots, roulette, craps, blackjack, etc., depending on the state. Money is bet by gamblers and won or lost. In general, you need to be more than 21 years of age to legally gamble real money in the US today, whether in a physical or online casino.

However, some states allow people 18 or older to gamble in certain situations. For example, in some states, poker can be played at age 18. In addition, sports betting sometimes has a lower age requirement depending on the state. In other countries, the age requirements vary.

However, online casinos offer convenience in that you do not need to be present at a casino to gamble. You can also play for as much or as little as you want. This fact makes it convenient if your bankroll is small and you want to play longer. One significant advantage is you can learn to play for free on many online casinos. Then, once you are ready, you can switch to real money.

A recent innovation in online casinos is live dealer games. This innovation is a combination of online and in-person gambling. The games are hosted at a regular physical casino, and a live dealer is on a camera. So, for instance, you can play blackjack over the internet with a live dealer.

Online casinos use bonuses to entice gamblers to play and keep playing. Bonuses include welcome bonuses, free spins or credits, deposit bonuses, and loyalty bonuses.

Welcome bonuses are also known as sign-up bonuses, and the is extra money is deposited in your account to sign-up with an online casino. Welcome bonus amounts vary depending on the casinos. For example, Red Dog Casino offers up to $12,250 for new players, while Ignition Casino offers $3,000. Welcome bonuses can be smaller, and many online casinos offer only a few hundred dollars.

Some online casinos have conditions for the welcome bonus. For example, both Bovada and Caf Casino require an initial deposit in Bitcoin to earn the online bonus. At the same time, Red Dog gives a 20% boost if you deposit in Bitcoin or Neosurf.

In many cases, you must play for a particular time, a specific number of games, bet a certain amount of money, or deposit a certain amount of money to earn the bonus. Read the fine print and terms and conditions when you sign up and take the welcome bonus.

In addition, online casinos offer free spins in slots and credits for tabletop games.

In the US, online casinos are not available in all states. States that have legalized online casinos will have regulated casinos. New Jersey was the first state to approve legal online gambling and thus casinos. You can choose from regular physical casinos with online operations to pure online casinos.

New Jersey has more than 20 operators of online casinos. Pennsylvania, West Virginia, Michigan, Delaware, and Connecticut have approved online casinos since 2020. States with bills introduced include New York, New Hampshire, Massachusetts, Illinois, and Louisiana. More states have legal sports betting than online casinos.

Unfortunately, you must be physically located in a state with legalized online gambling to play for real money. It does not matter if you live in a state and are traveling or temporarily residing elsewhere. However, you can sign up from anywhere and plan to travel to a state with legal online gambling.

Many other countries besides the US have online casinos, and each country has its own rules and regulations. Online gambling is prevalent in Europe and Asia, and some of the oldest online casinos are licensed and operated in the UK and Canada.

Online casinos are not all the same. There are three types of online casino formats: download software, web browser-based, and mobile apps.

When online gambling first started, the internet was slower than today. One way to get around the slow speeds was to download and install an online casino program. This method was the primary format once disk installations were obsolete for those who played video games before broadband was widely available.

Once installed, the program would connect to the casino servers. The advantage is that graphics were cached locally on your computer and did not have to be downloaded. Although dated, there are still online casinos that still offer this format.

Accessing an online casino through a web browser is probably the most common method for gamblers to play. In this case, the graphics and games are served through the internet. Speed is dependent on your internet connection and the casino's server speed.

The advantage here is that you don't need to download unknown software onto your computer. A second advantage is that you can log in from any device, including desktop, laptop, tablet, and smartphone.

The third method of accessing online casinos is through an app on your smartphone or tablet. The speeds can be faster than accessing the casino by a web browser. The concept is similar to downloadable software, and you can only use the app on one device. Most of us are familiar with downloading an app from the Apple App Store for iPhones or Google Play Store for Android devices.

The world of online casinos is complex and rapidly growing. Therefore, what qualifies as the best online casino may differ for each person. However, you can consider the following criteria for determining the best online casino for you.

The first criterion is a bonus. If you are all about getting free money, then take a look at the welcome bonus. Bonuses change often, so it pays to check a site after reading a review. As mentioned above, there are requirements to earn a welcome bonus.

You cannot just sign up at an online casino to get the welcome bonus and leave without ever playing a game, and casinos would quickly go bankrupt if that were the case. Look at the dollar value and what you get, and how you need to earn it. The headline dollar value may be impressive, but the average bonus may be lower.

Convenience is a requirement, especially for gamblers that play often. You can use a web browser-based online casino or downloadable software if you play on your desktop or laptop.

Questions you need to ask yourself are related to speed, navigation, and ease of installation. But if you want to play anywhere, then a mobile app-based online casino may be a better choice.

You can find mobile app evaluations on the Apple App Store or Google Play Store, and this fact is important because the games need to be optimized for a smaller screen.

Online casinos differ in the number of games they offer. For instance, Red Dog Casino offers more than 200 games. On the other hand, if you like slots, Ignition Casino has more than 200 slot machines, and Slots LV has more than 3,000 slot games and 70 3D slots. In addition, super Slots has more than 30 video poker games.

However, the number of games alone is not enough for an excellent online casino. You need to ask yourself about the quality of the games. Are the graphics superb and seamless? Is the sound quality good? How about the animations?

Not all online casinos have the same customer service level, and however, this criterion is difficult to evaluate unless you play and interact with customer service. Check some websites that consider customer service for an idea about it before you sign up.

Online casinos deal with real money, so security is essential. An important question that needs to be answered first is the casino is licensed by the state's or country's regulatory body? Is SSL encryption being used by the casino? What details is the casino asking? What is the privacy policy of the online casino?

How is your money secured, and how easy is it to withdraw your winnings? What are the deposit methods: credit card, cryptocurrency, wire transfer, check, or other methods? Note that credit card deposits may have fees. In some cases, unlicensed casinos may have higher deposit fees.

Lastly, most gamblers are concerned about Return to Player (RTP) percentage. This metric is the percentage of wagers that a specific game will return to the player over extended periods. For example, if the RTP is 90% in a slots game, you will most likely lose 10% of your money over time.

Enjoy competitive 1v1 gaming, tournaments, weekly leagues, Brawls, and other game modes! Since launching, Blitz has had over 100,000 downloads, with more and more players signing up every day.

Lucktastic is a virtual scratch-off ticket you can play every day. All you have to do is download the app and start scratching! Andyes, you can win real money with Lucktastic.

Your daily scratch-off tickets can even lead you to win huge cash prizes like $5,000, $10,000, or even more money! If your scratch-off tickets win you between $1 and $100, you can redeem them with a Dwolla account.

One of the best things about this game app is that even if you don't win a cash prize, you can still earn points every time you play. The more points you collect can help you redeem them for gift cards to Amazon, Restaurant.com, and more popular sites.

Winter is coming. The great houses of Westeros are preparing themselves for an all-new slots adventure: Game of Thrones Slots Casino. Are you ready to spin the slot machines on your way to the ultimate glory: The Iron Throne?

Test your skill in one of the most immersive slot machine games to come out of the Seven Kingdoms. Relive memorable moments by experiencing slot machines with the classic sights, sounds, and beautiful art all based on Game of Thrones!

Dive into a mix of classic casino slots and enjoy never-before-seen social features, where teamwork on the slot machines can aid your quest to sit on the Iron Throne.

Play Game of Thrones Slots (Android Only)

If you are a fan of slot machines, you won't want to miss out on this Vegas-style game app! Wizard of Oz Slots will take you to the Emerald City with your favoriteWizard ofOzcharacters.

This game is a no-brainer! You will relive the classic movie and play along with Dorothy while winning huge payouts with realmoney. This game has all the thrills of real slot machines, with free spins, mega wilds, and all the fun of playing at a casino from the comfort of your own home.

Follow the yellow brick road to collect millions of free credits every day by spinning to get bonus credits!

Wizard of Oz Slots (IOS)

While not a casino or slot app Mistplay is worth mentioning as you can earn real money playing mobile games.

Mistplay is an Android app that provides users the opportunity to play games in exchange for monetary rewards. All you have to do is play games and rack up points to redeem in-app for gift cards.

Mistplay supports user communications and offers a chat feature, encouraging connections among participants. The app is also free to join, so don't worry about being caught with user fees to play the games.

Join Mistplay

You may be a conservative dividend growth investor or passive index fund follower, but everyone likes to have some fun now and then. Below are 25 online casinos with different games, welcome bonuses, deposit methods, age, and fees.

Larger companies with several sites often operate many online casinos. Some casinos are not licensed, which is riskier for gamblers, but we include them here since they have been established for many years or are part of a larger corporation. As a result, the list is not comprehensive, and there are dozens to hundreds more online casinos.

Red Dog Casino appears on several highly rated lists due to the RTP, bonuses, payout speed, and the number of games. Red Dog was launched in 2019 and is licensed and located in Curaao. This medium-sized casino has more than 200 games and offers up to $12,250 for new players as a welcome bonus.

This online casino does not offer sports betting, Bingo, or jackpot games. Red Dog has a live dealer casino for blackjack, baccarat, and roulette. The withdrawal limit is $10,000 per month. You can deposit money by credit card, Bitcoin, Neosurf, and gift card.

Ignition Casino is another popular online casino. The larger casino is licensed in Curaao but based out of Costa Rica. Ignition Casino is owned by a larger casino operator who owns Slots LV, Bovada, and Caf Casino. Players from certain states and the UK cannot play on this site.

The casino offers slots, video poker, tabletop games, baccarat, Bingo, jackpot, and live dealer games. Players can receive up to $3,000 in bonuses. In addition, Ignition Casino has a live dealer. Ignition Casino is differentiated by the use of Bitcoin for deposits. However, you can also deposit money by credit card, check, and bank wire.

If you love slots, Slots LV is probably the best online casino for you. The casino is licensed in Curaao, although some review sites say it is not licensed. There is a Curaao gaming commission symbol on the website. Slots LV has been around since 2013, and hence we include it on this list.

The primary attraction is Slots LV has more than 3,000 slot games. Players receive up to $5,000 in welcome bonuses and $7,500 if they use Bitcoin. The main attraction is the lack of a withdrawal limit. You can deposit money by credit card, Bitcoin, and bank transfer in Canada.

Bovada is an online casino, but it is better known for sports betting. This casino has live dealer games, and it is well-known and was launched in 2011. Bovada is reportedly not currently licensed but is operated by the Morris Mohawk Gaming Group.

We include it in this list due to its age and amount of internet traffic. Bovada has a welcome bonus of up to $3,000. One attraction about this online casino is the high withdrawal limit of $225,000. You can deposit money by credit card, Bitcoin, Venmo, or check.

Caf Casino was only established in 2016 but has rapidly grown since then. They have 200+ games, but no sportsbook, and their mobile app game selection is less than the web browser version. Caf Casino is not licensed, and there is no information on the website about the license or owner.

The welcome bonus is up to $5,000. The main attraction for Caf Casino is it does not charge deposit fees when using a credit card. There is a $10,000 monthly withdrawal limit. You can deposit money by credit card, Bitcoin, Ethereum, and check.

Super Slots is known for online video poker and has live tabletop games and more than 200 live dealer games. This smaller casino was only launched in 2020, and reportedly it is licensed in Panama.

Still, the operator has run online gambling since 1991 and operates the Bet Online and Sports Betting sites. You can play on mobile apps and a web browser, and the welcome bonus is up to $6,000. In addition, you can deposit money by credit card, Bitcoin, cryptocurrencies, check, and bank wire.

888 Casino was launched in 1997, making it one of the oldest online casinos. The casino is based in the UK and licensed in Gibraltar, UK, Malta, Pennsylvania, Nevada, and Delaware. The parent company is publicly listed on the London Stock Exchange (LSE). This older casino has many online casino games and live dealer games.

You can also play on a mobile app. The welcome bonus is low, though at only up to a few hundred dollars and 25 free spins. The 888 Casino offers deposits by credit card, checks, PayPal, and specific cryptocurrencies.

Intertops Casino is another older casino established in 1996. However, the casino is smaller and reportedly operates without a license, and the website does not have easy-to-find information on the license.

We include it in this list due to its age. This online casino is smaller and does not have live dealer games, a sportsbook, or Bingo. The welcome bonus is up to $5,555. You are only allowed one withdrawal per week, and it has a monthly withdrawal limit of $10,000. You can deposit money by credit card, cryptocurrency, wire transfer, and check.

Mansion Casino has been around for over a decade, established in 2004. The casino is licensed in the UK and Gibraltar. This online casino has many tabletop games, slots, and an extensive collection of live dealer games.

The welcome bonus is $5,000 or GBP 5,000. Mansion Casino also has a VIP section that may interest some gamblers. The Mansion Casino offers deposits by credit card, checks, PayPal, Bitcoin, and other cryptocurrencies. One inconvenience is that this casino has a monthly withdrawal limit.

Gala Bingo Casino is known for its large selection of Bingo games. However, you can also play slots, video poker, tabletop games, and live dealer games. There is a mobile app and web browser-based gaming.

The casino was launched in 2002 and is licensed in the UK and Gibraltar. You can deposit money by credit card, PayPal, Apple Pay, and a few other methods. There is a daily win limit but no withdrawal limit for Euros.

Las Atlantis is another casino showing up on many lists of the best online casinos. The site launched in 2020 and is licensed by Curaao. Although new, this casino is part of a larger group. This new casino has over 250 games with an underwater focus. Las Atlantis has slots, video poker, tabletop games, and live dealer games.

Since the casino is new, it offers all three formats for gaming. It probably has the largest welcome bonus of up to $14,000. In addition, there are free deposits and withdrawals up to $10,000 per month. You can deposit money by credit, Bitcoin, Ethereum, and Neosurf.

Jackpot City is one of the oldest and largest online casinos, having been around since 1998. The casino is now part of a larger group. Jackpot City is licensed by the Kahnawake Gaming Commission and the Malta Gaming Authority. However, the online casino seems to focus on gamblers from Canada and Australia.

The primary attraction here is the jackpot prizes that range from $40,000 to millions of dollars. Jackpot City has slots, video poker, tabletop games, and live dealer games on a web browser or a mobile app. The welcome bonus is only $1,600. You can deposit money by credit, check, cryptocurrencies, and numerous other ways.

Spin Casino is another relatively new casino launched in 2019 but has become one of the largest online casinos in a short time. Spin Casino is licensed by the Kahnawake Gaming Commission and the Malta Gaming Authority.

Spin Casino has slots, video poker, tabletop games, and live dealer games on a web browser or a mobile app. The welcome bonus is a paltry $1,000, and you can deposit money by credit, e-check, and cryptocurrencies.

LeoVegas Casino is another prominent online casino with a European focus and was established in 2012. LeoVegas is licensed in the UK, Malta, Spain, Denmark, and Sweden.

This online casino has a large section of slots, video poker, tabletop games, jackpots, and live dealer games. The welcome bonus is only $1,000 and 200 free spins. This casino is one of the few online casinos with no withdrawal limits. LeoVegas offers deposits by credit card, checks, debit, PayPal, and cryptocurrencies.

Casinonic was established in 2019, and it has a European focus, and Curaao licenses the casino. Casinonic has the usual games, but it is differentiated by many live dealer games and progressive slots.

The welcome bonus is only 1,200 Euros, and the withdrawal limit is $15,000 per month. LeoVegas offers deposits by credit card, debit, PayPal, Bitcoin, Dogecoin, Ethereum, and other methods.

If you are more into sports betting than slots or other casino games, then SportBetting.ag Casino may be for you. This large site was established in 2003 and reportedly licensed in Panama. This online casino is available in all 50 states, and you can play on a web browser.

Although focused on sports betting, this casino offers all types of games. The welcome bonus is only $1,000. However, there are some withdrawal limitations. You can deposit money in multiple ways, including credit, check, Bitcoin, bank wire, Ethereum, and other methods.

BetOnline has operated since 2004 and moved to its current domain in 2012. The casino is licensed in Panama, and this site is known for its sportsbook and accepts players from all 50 states. BetOnline also has more than 400 casino games, including slots, tabletop games, video poker, Bingo, and live dealer games.

The welcome bonus varies depending on which game you are playing. There is a withdrawal limit depending on the game and deposit and withdrawal fees. You can deposit money by credit card, bank wire, check, money orders, and cryptocurrencies.

Wild Casino is a relatively new online casino founded in 2017 and operated by a larger company that owns BetOnline and SportsBetting.ag. The casino is licensed in Panama and operates internationally. Wild Casino has increased since its launch. You can play by a web browser.

Wild Casino has 400+ games, including slots, tabletop games, video poker, Bingo, and a live dealer. The welcome bonus is up to $5,000. There are some withdrawal limitations. You can deposit money in multiple ways, including credit, check, Bitcoin, bank wire, Ethereum, and other methods.

El Royale Casino is a new casino launched in 2020. The casino is licensed by Curaao but accepts gamblers from around the world. El Royale has a large selection of slots games, tabletop games, live baccarat, and live blackjack with a 99% RTP. El Royale has a web browser and mobile app options.

There are multiple welcome bonuses, but the largest is up to $12,500. Some of the bonus options give you free spins. The other nice thing is that there are no withdrawal fees, but there is a $10,000 withdrawal limit per month. You can deposit money by credit card, bank wire, Bitcoin, Ethereum, and Neosurf.

Genesis Casino is a relatively new online casino established in 2018 but owned by a larger group. The casino is licensed in the UK, Spain, and Malta, and it is popular in the UK but accepts players from many countries. Genesis Casino has many slots, video poker, tabletop, baccarat, and live dealer games.

It does not have a sportsbook or Bingo. The current welcome bonus is $1,000 and 300 free spins, and the withdrawal limit is a healthy $22,000 per month. There are numerous deposit methods, including credit card, PayPal, Google Pay, Apple Pay, bank transfer, and other methods.

BetUS is an older casino established in 1994. The casino is licensed by Curaao and is popular with US gamblers. The primary focus of BetUS is sports betting. However, this online casino also offers slots, tabletop games, video poker, baccarat, Bingo, jackpot, and live dealer games, making it an all-in-one choice.

You can play games in multiple formats, including 100% compatibility with iOS and Android. The current welcome bonus is up to $5,000. The withdrawal limits are based on the game played. You can deposit money by credit card, check, bank wire, Bitcoin, Ethereum, and other methods.

Casumo Casino has been around for almost a decade after launching in 2012. It is a large online casino popular in the UK and Scandinavia, and the casino is licensed in Sweden, Malta, UK, and Denmark. Unfortunately for US residents, you can't play online on Casumo Casino.

This casino has sports betting, slots, video poker, baccarat, Bingo, jackpot, and live dealer games. The current welcome bonus is only a paltry 300 Euros and 20 free spins. There is no withdrawal limit in Euros. You can deposit money by credit card, Apple Pay, Google Pay, debit, bank transfer, and other methods.

Sports Interaction Casino has been around since 1997 and moved into online gambling in 2004. The Kahnawake Gaming Authority and Jersey license this online casino, which only accepts players from Canada. As the name suggests, the focus of this online casino is sports betting.

See original here:

30 Best Online Casinos, Slots, and Apps to Win Money - Your Money Geek

"Then it's just a barrage of betting ads with movie stars advocating for how wonderful it is, and making it seem as though this is normal, that this is what everybody does and you'll have a great life if you gamble."

After opening up to friends, she realised she wasn't alone as a parent of a gambling addict, either.

"Shockingly, they had really similar stories," she said. "There are so many people out there that, because of the shame of it, don't speak."

Eager to channel her situation into something productive, Sandra has written to representatives at various levels of government and clinical experts urging them to advocate for raising the legal gambling age, ideally to 25.

"We often read about the prefrontal cortex [the region of the brain responsible for executive functions like planning, problem-solving and impulse-control] not maturing until mid 20s," she wrote, "and, of late, society is accepting this to some degreeand making allowances for poor decision-making or, better still, guiding young men to making better decisions."

Sandra would also like to see gambling ads banned from television, or at least relegated to late-night time slots after sporting matches and family programming are over. (She encourages people to visit endgamblingads.org.au and sign the petition.)

Again, she's not blaming government. She knows it's down to William, at 20 years old, to take responsibility for his addiction and be accountable for his behaviour. And she's cautiously optimistic that he's on that path, that a day will come where she can trust him again.

"It's only about three weeks since he last fell off the wagon. So I think it's just a little bit early to be totally blinkered and nave about it," she said.

"But he's spoken of his real hope that this is it; that he's done with gambling. I hope we doregain that trust."

If you or a loved one is engaging in problem gambling, support is available. Call the National Gambling Helpline on 1800 858 858, or visit Gambling Help Online for more resources or find a service near you.

If you are thinking about suicide or experiencing emotional distress, help is available. Call Lifeline on 13 11 14 to speak to an experienced crisis counsellor.

*Names have been changed.

Go here to read the rest:

"Mum, everyone gambles." Sandra's son started placing the odd bet. Soon, he'd lost $70k. - Mamamia

Most people consider gambling to be a waste of time. Gambling, be it online or at a physical casino, is actually an art; and no art is wasted as long as there is an audience to appreciate it or a methodology to pay you for your efforts. Gambling consists of both these avenues. In a real-world casino, people will often flock around you if your luck were to shine. Appreciation in the form of monetary benefits follows in both physical gambling dens and their online counterparts. However, contrary to popular belief, online gambling is more about skills than luck. Here are 6 tips that will help improve your online gambling skills beyond recognition!

People tend to gamble at casino games without knowing the full extent of its rules and regulations. For instance, in Texas Hold em, you cannot buy in and play, hoping to win a few bucks, without understanding the core rules of the game. You may know that a Royal Flush (AKQJ10 of the same suit) is the best possible hand, but did you know that a simple Flush is greater than a simple Straight or even a Three of a Kind?

You can easily stream betting events live or rewatch those from the past, via various free streaming services like YouTube. Learning how to play like the best has never been easier. The gambling gurus at 188BET suggest observing their betting patterns. Try to catch their tells if any, for most of the accomplished gamblers wont have any. Learn from their game and use the knowledge gained to improve yours.

Play as many free games as you can before venturing into the paid arena. In the real world, play a few hands with friends to get a hang of the game. Online casinos often feature free-to-play portals that let you test your skills without shelling out anything.

Only practice will enhance your experience and skills to a great degree. Dont hesitate to enter the paid arena as soon as you feel youre up for it. Play a few games. Its okay to lose money at the start, for it helps you learn from your mistakes and sharpen your skills.

By now, you would have gained enough experience to march into a high-stakes game with pride. However, dont be too proud of it. Keep your emotions in check and lay your bets as the situation demands.

Now that youre acceptably proficient in the world of gambling, you should know when to quit, unless of course, you are a billionaire with money to spare. Manage your bankroll well enough and you will be on your way to making a decent income out of gambling regularly.

It is not always easy to manage your bankroll, however. Heres a simple tactic that you can follow. Use only half your income that you can squander as your bankroll. Keep the other half as security or for the purpose of blowing on your other obsessions. That way, you wont need to pledge your assets or call for a debt midway through the game. You will know exactly when to quit!

KHTS FM 98.1 and AM 1220 is Santa Claritas only local radio station. KHTS mixes in a combination of news, traffic, sports, and features along with your favorite adult contemporary hits. Santa Clarita news and features are delivered throughout the day over our airwaves, on our website and through a variety of social media platforms. Our KHTS national award-winning daily news briefs are now read daily by 34,000+ residents. A vibrant member of the Santa Clarita community, the KHTS broadcast signal reaches all of the Santa Clarita Valley and parts of the high desert communities located in the Antelope Valley. The station streams its talk shows over the web, reaching a potentially worldwide audience. Follow @KHTSRadio on Facebook, Twitter, and Instagram.

See the article here:

6 Tips That Will Improve Your Online Gambling Skills - KHTS Radio

The gaming service in the website will be given as the best platform for the players to understand more from the player around the country Europe. The promotion behind this will make the players get excited on the betting and enjoy the generous promotion from the online casino website. In spite of the casino site, the basic set of rules has to follow and the different spots that consider to the 20bet review will begin from knowing more on the websites.

Each and everything from the gaming service makes the perfect process that makes the exact source that is applied on the famous online gambling websites. Some of the websites like20bet live wettenwill introduce the new format of placing the bet around the sports in the official website. Every player should be aware of the promotion code which will be reviewed and then different bets on the online sports.

This is associated with the quite easy-to-form navigation on the perfect website. It is supported by the symbol on the signing option that uses the language option that identifies it. The player who is trying in the place any bet on the sports website is carried over the casino. It is marked on the virtual casino, sportsbook, and live sports betting section are clearly helpful.

How to make the process on the 20Bet online casino website?

Beer practitioner. Pop culture maven. Problem solver. Proud social media geek. Total coffee enthusiast. Hipster-friendly tv fan. Creator.

Go here to see the original:

Analysis of 20Bet online Casino Website - Tech News Inc

If the meteoric rise of meme-cryptocurrency Shiba Inu (CRYPTO:SHIB) has left you with a sense of deja vu, you're not alone. Its ascent is remarkably similar to that of Dogecoin (CRYPTO:DOGE), one of the more famous stories in cryptocurrency circles, originally launched as nothing more than a joke-coin by its founder.

But while Dogecoin has suffered a fall from grace in recent months, down 62% from its all-time highs, Shiba Inu is soaring -- so much so that its market capitalization (valuation) just crossed $38 billion, making it more valuable than Dogecoin.

It has also officially rocketed into the top 10 most valuable cryptocurrencies on Earth right now.

Image source: Getty Images.

Unfortunately for Shiba investors, the token shares far too many similarities with Dogecoin, in the sense that it has almost no functional purpose and an almost unlimited supply. According to a top merchant directory, just 106 businesses globally are actually accepting Shiba Inu as payment for goods and services. That's just not enough to warrant sustained adoption among consumers, leaving the token as nothing more than a vehicle for speculation.

For that reason, Shiba Inu is likely to succumb to a similar fate to Dogecoin eventually, leaving many late-to-the-party investors potentially underwater on their holdings.

But it's never too late to diversify into some high-quality stocks instead, and given the grim outlook for Shiba, here are two hyper-growth companies that are likely to heavily outperform the token over the long term.

By now, investors might be aware of the innovative applications cryptocurrencies might play a part in going forward. But their potential might be trounced by disruptive technologies like artificial intelligence (AI). For instance, Upstart Holdings (NASDAQ:UPST) is masterfully applying AI to transform consumer lending.

The company's AI-driven algorithm has one goal: To replace the decades-old FICO scoring system, which it says doesn't factor in some of the most valuable pieces of information banks have available to them today. When Upstart assesses a borrower, its evaluation model accounts for over 1,000 data points, and the result is up to 75% fewer defaults with the exact same loan approval rate. The company also points out that artificial intelligence could deliver fairer, more inclusive lending practices that also have the ability to update rapidly as a borrower's circumstances change.

Upstart doesn't lend money itself -- it's a loan originator for banks, and therefore it carries no credit risk. It generates revenue through origination fees, but it also licenses its algorithm to financial institutions that want to directly integrate the AI-powered decisioning into their own application processes.

In the first half of 2021, the company originated $4.5 billion worth of loans, which was a 253% increase compared to the first half of 2020. It has just entered the $1 trillion car sales and financing market, and that's set to drive up to 359% sales growth by 2022.

Image source: Getty Images.

When it comes to emerging industries, online gambling is one of the most exciting for U.S. investors. It feels like a long time coming, but the government has left most decisions to legalize the practice to individual states. Payment processing powerhouse Paysafe (NYSE:PSFE) is a key facilitator of the industry's success, acting as a secure bridge between consumers and digital gambling houses.

The company's Skrill and Neteller brands provide digital wallet and funds transfer services to some of the largest gambling giants in the world, including Flutter Entertainment's famous Pokerstars subsidiary. Paysafe now serves Flutter's U.S. FOX Bet sports betting venture, which has powered its way through four of the 17 states where online gambling is legal.

But that's not Paysafe's only American bet. It's currently working with bookmakers and online casinos across 15 states, and north of the border, it processes almost 100% of all online gambling transactions in Canada.

The company's iGaming (online gambling) segment in North America is actually its hottest right now, growing revenue by 72% in the most recent second quarter compared to 41% growth across the rest of the business.

Investors holding Shiba Inu might be interested to know that Paysafe's digital wallet now supports trading across 37 cryptocurrencies on 30 exchanges, so owning this stock not only provides exposure to a strong payments business, but also a splash of crypto, too.

But one big point of difference between Paysafe and Shiba Inu is that Paysafe will generate over $1.5 billion in revenue this year. For now, Shiba is simply a one-dimensional token with almost no revenue prospects whatsoever.

Paysafe will likely still be powering payments in the growing U.S. online gambling industry long after Shiba has lost all relevance.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Originally posted here:

2 Hyper-Growth Stocks Set to Crush Shiba Inu in the Long Run - Motley Fool

Srinagar: Last month a post became viral that a youth from Baramulla won Rs 1 crore on an online betting platform.

The T20 World Cup match between India and Pakistan was just a few days away and 25 -year- old Hamad (name changed) from Baramulla, who read the viral post about the online sports betting platform winner, decided to try his luck.

Without verifying the authenticity of the social media post, Hamad joined the contest with an amount of Rs 50. However, his luck didnt support him unlike theBaramulla guy and Hamad lost Rs 50.

The very next day, Afghanistan was facing Scotland and Hamad decided to play and lost Rs 300 this time.

In the race to recover his lost money, Hamad has so far lost over Rs 4000, which has worried his parents.

Hamads parents immediately snatched his smartphone and ceased giving him money for the last four days.

We had no knowledge about our son losing money in online gambling. We would give him money each time and he would say he was for purchasing stationery items, Hamads parents said.

Hamads is not an isolated case. Since the T20 world cup is underway, thousands of smartphone users, mostly youth, are indulging in online sports betting in Kashmir.

Since the game is addictive, users end up spending thousands with the hope to win the lottery.While a few earn some bucks majority of the users end up as losers.

A highly addictivegame, the platform allows users to enter into a contest by choosing a team and predicting their score to earn money up to Rs one crore.

Mohammad Noman (name changed), an electrician, said he lost over Rs 30,000 in the last one year on an online sports betting platform.

Earlier I earned a few bucks but later I kept losing every contest. Now I have stopped putting my money in online sports betting platform contests, he said.

Grand Mufti Nasir ul Islam told The Kashmir Monitor that gambling is strictly prohibited in Islam. You make money by betting in this game and it is (as such) haraam (forbidden), he said.

Psychiatrists claimed that gambling both online and offline is a recognized disorder and is highly addictive.

A person who indulges in gambling whether online or offline has a high chance of getting addicted to it. Online gambling addiction can lead to severe behavioral problems apart from affecting a person financially. We have seen how internet misuse grew during the Covid pandemic. So, parents need to keep a vigil on the online activity of their children, said Dr. Yasir Ahmad Rather.

Continue reading here:

T20 World Cup: How online betting is tearing apart families in Kashmir - The Kashmir Monitor - The Kashmir Monitor