Tag Archives: support
The Role of Online Gambling in American Economy
Gambling is a thrill ride. Gambling is dangerous. Gambling can make you temporarily rich. But if the hook gets lodged in your mouth, it will make you broke as a joke, or even worse.
The online gambling in the United States is considered a billion dollar industry before the enactment of the unlawful Internet Gambling Enforcement Act last 2006 which prohibit businesses from accepting credit cards, checks, or other bank instruments from gamblers who illegally bet over the Internet. Compliance with those prohibitions and regulations would be enforced by various federal agencies as well as state governments, and violations would be subject to new civil remedies and criminal penalties. It was recorded that most of the online bets are coming from the United States approximately with about 80 percent or beyond. These billion dollars are probably used to be to support and strengthen the US economy. In addition, things are getting worse to the US government. Recently, they have already an arrangement to pay millions of dollars as payment for the penalty of the island Antigua. This is due to poor compliance of the decision of World Trade Organization when it comes to online gambling.
Some of the US Presidential candidates have strong understanding towards the role of this activity in the lives and progress of the country in a legalized form. There are some pros and cons in the legalization of online gambling, Republican Ron Paul speak out against any form of internet gambling prohibition, in contrast, a well-known poker players, Hillary Clinton and Barack Obama are in support of this issue.
Online gambling is a competitive business many gambling sites will provide good offers to get potential gamblers to use their site and stay with them. It brings many benefits to the countrymen. As time passes by, these Internet gambling companies would bring more employment to the Americans. One best example how beneficial the industry is at the online gambling destination of Costa Rica which is among the highest paying industry in the place. Many gambling operators raise millions of dollars back into the Costa Rican economy. The industry requires a skilled work force with highest knowledge in English.
Online gambling in many ways illustrates just what is wrong with the US economy today. Jobs and whole industries are emerging elsewhere in the world with less and less being fed back into the American economy. The whole world was feared especially American highest officials, economists and business leaders as well to the possible dragged down of the US economy. Political and business leaders with around 2,500 members gathered for a serious meeting about the present US economic situation at the Swiss skiing resort of Davos.
The International Monetary Fund (IMF) chief Dominique Strauss-Kahn recently announced for the economic forecast the following week to keep track what will happen for the economy in the mere future. In many ways, online gambling shows just what is happening with the US economic situation today. With the blossoming economy of Costa Rica, this will be the substitute to support to the world economy as IMF chief stressed out.
5 things to check for when choosing an online casino
As the number of people who visit online casinos continue to grow, we thought we’d write an article to help you chose the best and the safest casino to play out.
There are five key areas that all new players should do some research in to before making their first deposit with an online casino. Those five areas are as follows:
Reputation:
Arguably the most important factor out there, a casino’s reputation encompasses all the industry’s opinion of the casino since it launched. All the flashiest graphics and the smoothest animations will be completely useless to you if the casino is run by poor management.
Therefore, have a look in to how long the casino has been running for. Everyone has their own rules, but generally speaking, if a casino hasn’t been running for 18 months, I’ll be wary of depositing. There are of course exceptions but I’m not prepared to lose my money if a casino goes bust within its first year of operation.
Support:
It’s very important that if you have any questions while you’re playing, you get them answered immediately. Therefore, make sure that any casino you’re thinking of signing up with houses a 24/7 support team. Ideally, that support team should be reached by methods other than just an email address and most casinos will now offer a Live Chat feature of toll free phone numbers that players can ring in order to get an immediate answer to their queries.
Withdrawal Methods:
Before you make any sort of deposit, make sure that you are able to cash out nice and easily. If you’re in the US, make sure that a casino’s withdrawal methods are satisfactory. Some of them may have problems, so you’ll want to check that the casino can send you any winnings via bank wire or cheque.
There’s nothing worse than hitting a huge jackpot and then realizing you can’t get your hands on the cash.
Choice of games: What kind of casino player are you? Do you prefer playing the slots? Or would you rather sit down at a table and get involved in the action there? Either way, make sure that the casino you’re signing up to has a good range of the games you want to play.
For example, if you’re a roulette player then you’ll probably want to make sure that European Roulette is on offer, as that will offer you better value for your bet.
Most casinos will have a list of games on their website, so you shouldn’t need to register to find out what’s on offer.
Bonus Terms:
Due to the size of cash on offer, the terms and conditions associated to casino bonuses are very strict. Players should realise that these bonuses are very different to those that they may find when signing up to a poker room.
Players are generally asked to wager through their initial deposit and the value of their impending bonus twenty or thirty times. What’s more, the player isn’t usually allowed to wager on those games which have a high house edge (blackjack, roulette and baccarat for example) in order to earn their bonus.
This can come as a bit of a surprise to new players, so be sure to check the requirements of any casino bonus and if anything doesn’t appeal to you, make sure you contact the casino’s customer support to opt out of their bonus scheme before you make any deposit.
Playing in a casino is hugely entertaining – just make sure you follow these five steps to ensure that you find a good, reliable casino to entrust your money to for years to come.
See you at the tables!