Casino Game Rules

The concept of banning things is not a new one in China. Heck, nor is it a new one in the U.S. for that matter. But, in the U.S., at least the possibility that such a ban can potentially be overturned (cough, cough…UIGEA) exists. In China, when there’s a ban, it usually stays that way. So, now that China has officially banned all foreign investment into their booming video gaming market, well then, it’s probably going to stay that way. Boy, am I smart or what? Ya, I know, or what.

If you’re wondering what this means for online gambling, it pretty much means nothing, because well, besides the fact that online gambling really isn’t that similar to online gaming anyways (yet people continue to put online gambling in the same category as online gaming because gambling is such a nasty word), online gambling is already banned in China.

Alright, so now you’re wondering (don’t you love how I just assume that you are wondering…let alone that someone is actually even reading my blog), how on Earth have all these big online gambling software giants, like Playtech and Bwin, been expanding into China. Well, I suppose we need to take a closer look at what “expanding into China” really means.

For both companies, moving into what is not even a fully “liberalized” online gambling industry even, means teaming up with China companies to provide technology services, management consulting, and here’s the real kicker - cold cash investments. The ban on video gaming does indeed also ban any type of foreign technology support, joint ventures and cooperatives of any kind. In other words, foreign companies can’t earn a dime off of video gaming in China.

The same goes for online gambling. But then again, Playtech definitely has some ties in China. But if you look at Playtech’s website, they only mention Italy as a new market. Pretty soon you can expect to see France there as well. So, even if Playtech does have some partnerships in China, my guess is that they won’t last, and that China is serious about keeping foreigners on the outs.

Why anyone would play at Full Tilt Poker does indeed blow my mind, not to mention my eyeballs, stomach and heart. It seriously is unfathomable to me. But then again, what you don’t know, can’t hurt, right? I guess as long as you continue never knowing about it.

That said, I hope there are people reading this. Are you out there? Is that an echo I hear? I mean, I don’t care if nobody reads the rest of my blogs, and for that matter, they probably don’t. But if you can hear me, if there is anyone alive out there, READ THIS!

If you are already familiar with Full Tilt, you likely know about the cheating scandal that went down there shortly after the huge scandal at Absolute Poker. What, maybe less than two years ago. By the way, did you know that Full Tilt and Absolute are owned and managed by the same group? Coincidence? I think not.

Now, I’m not one to just go and blast every online casino and poker room who gets complained about. But when there is hard evidence, and the poker room has no choice but to admit the wrong doing and reimburse players hundreds of thousands of dollars, well then, that’s for real folks. And yes that really happened at Full Tilt Poker. And yes, it’s happened again.

Only this time around, Full Tilt Poker acted first by deleting the accounts of pro players, Larry Kennedy and Greg Omotoy, claiming the pair were colluding with poker bots to beat out players to the tune of $80,000 in winnings, which Full Tilt Poker apparently seized. I know what you’re thinking. But that’s not Full Tilt Poker’s fault. But here’s the kicker. Immediately following the seizure, Kennedy and Omotoy returned fire, filing a lawsuit against Full Tilt Poker and citing several big name pros (who just so happen to have ownership stake in Full Tilt), including Chris Ferguson, Phil Ivey and Howard Lederer.

Kennedy and Omotoy, who apparently helped with developing Full Tilt Poker’s software code, say that Chris Ferguson took part in developing poker bots to fill tables and steal player’s money. In other words, fake poker players. Those are some serious accusations, and I wouldn’t be surprised if they prove true. It sounds to me like there was a falling amidst “owners” of Full Tilt Poker, and became a story of “who pulls the trigger first”.

Now, if I read this, I wouldn’t think twice about playing at Full Tilt Poker and Absolute Poker, especially considering there are many other poker rooms with impeccable reputations and credentials. Poker Stars is one of them. And considering their size and free cash bonuses, they get the Best Poker Room recommendation here at Online Casino Suite.

Timothy Geithner, he’s our man! If he can’t do it…..well, we’re screwed. Okay, maybe not screwed, per say. But seriously folks, did you ever stop to consider whether getting online gambling regulated in the U.S. really isn’t the best thing after all. I mean, who knows what will happen if and when big name brands like Harrah’s are permitted to stake a share at online gambling. I mean, a guy like me might be out of a job for Christ sakes!

But then again, I remind myself to take a look at how the UK and Euro online gambling industry is faring, which as you know, is indeed regulated and is being prowled by many a big name gambling brand. And wouldn’t you know it, I still have a job!

The only reason I’m bringing up Tim Geithner anyways is because he is the U.S. Treasury Secretary, and it’s the Treasury Department, which is essentially in charge of overseeing the whole implementation of the Unlawful Internet Gambling Enforcement Act (UIGEA). Ya, I know. You would have thought the UIGEA had been implemented by now, considering it was passed back in 2005.

But, it hasn’t, and now there’s a growing number of U.S. Congressional members, including Representatives Barney Frank and Pete King, who have written a letter to Mr. Geithner, urging him to hold off on implementing the UIGEA. Warning that doing so would burden the financial-services industry during a time when economic strife is already making things burdensome, the letter informs Geithner that a bill to delay the implementation of the UIGEA, as well as one to regulate online gambling will be moving through Congress very soon.

In other words, rather than just say the UIGEA sucks and shouldn’t be passed (which it does and which Barney Frank did kind of say early on), the letter makes it clear that motions are being taken to offer a sound solution to the UIGEA.

And that my friends, is called regulation, and would certainly help out an ailing U.S. economy, which is probably why an overturn of the UIGEA stands a much better chance now than it ever has or ever will - not to mention the fact that a Democratic-controlled Congress is in power these days.

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No matter how much certain government’s want to protect their own land-based interests and not give online gambling “legal” status, they are ever so willing to take payments from online gambling sources, whether that be in the form of taxes or so-called fines. Nowhere has this been more evident than in the U.S., where the New York State Attorney, in particular, has been cracking down on the most well-endowed online gambling payment processors, such as Neteller, and more recently, eCheck, which was very popular with online poker players.

The latest interesting tidbit in online gambling governmental affairs took place in The Netherlands, where a thirty-three year old woman recently won a 4.3 million Euro jackpot at popular European online betting destination, Unibet. Although it is unclear as to how exactly the Dutch government has gotten involved (this isn’t the first time players from The Netherlands have won sizable sums at online casinos), they are certainly getting in the middle of things this time around, launching an investigation into Unibet and its relationship with Dutch citizens.

The good news is that the lucky player will apparently get to keep her winnings. That is, of course, after she pays the Dutch government taxes amounting to over 1 million Euros. A spokesperson for the Dutch ministry said it is unlikely the player’s money would be seized, but that whether or not the money was obtained legally or illegally, the tax man must be satisfied.

When all is said and done, there really isn’t much the Dutch Ministry can do to Unibet other than persuade the online betting site to cease doing business in The Netherlands. With backing by the EU and European Commission, not to mention stellar accreditations, including a listing on the Stockholm stock exchange, Unibet has solid ground to stand on.

Essentially, the case appears to be more of a muscle flexing showdown that the Dutch government has taken upon itself. The fact remains that nearly 4% of Dutch citizens gamble online at sportsbooks, poker rooms and online casinos, spending an estimated 90 to 280 million euros each year.

CLEVELAND, Ohio — As reported by the Cleveland Plain Dealer: “The city’s police want a casino.

“The Cleveland Police Patrolmen’s Association on Wednesday endorsed a plan to change the Ohio Constitution to allow casinos to be built in four cities around the state — Cleveland, Cincinnati, Columbus and Toledo. The measure, allowing one casino in each city, will appear on November’s statewide ballots as Issue 3.

“Union President Steve Loomis was joined by Cleveland Cavaliers owner Daniel Gilbert, one of the plan’s backers and the likely owner of the Cleveland casino, in announcing the endorsement.

“Loomis said building a casino here will keep money in Cleveland that is spent at casinos in neighboring states, will add tax money for the city and will not add crime to the city. After talking with police in cities with casinos, Loomis said it’s more likely that a casino will attract more people to downtown so that crime falls rather than bringing problems…”