Iva P.

US Counties Afraid of Budget Deficits Due to Law Changes on Lottery Distributions

US Counties Afraid of Budget Deficits Due to Law Changes on Lottery Distributions

Iva P. March 6, 2014 19:36:01

In 2013 the US authorities decided to change the legislature regarding the lottery distributions, therefore currently some of the affected counties are worried that their budgets will be short. The change, which was introduced in the US gambling laws, removed the requirement that 40% of lottery revenues should go for school construction under local control, […]

The Fascinating Story of One of the Most Emblematic Casinos in Las Vegas

The Fascinating Story of One of the Most Emblematic Casinos in Las Vegas

Iva P. March 6, 2014 19:09:14

The New Frontier Hotel and Casino was the first themed casino in Las Vegas, which will keeps all secrets of countless celebrities, who visited it, as it closed down in 2007. The symbolic building of this eventful casino went through different phases of renovations, developments and changes in its name. The list of famous people, […]

Ways of Getting Over Serious Gambling Addictions in the USA

Ways of Getting Over Serious Gambling Addictions in the USA

Iva P. March 6, 2014 18:00:03

Betting addictions are major problem in the American society nowadays and different techniques for overcoming it are suggested regularly. The American Psychiatric Association categorized addictive gambling as a mental disorder a little over 30 years ago and reports show that back then around 1.1 million American citizens had an issue with problematic gambling. The situation […]

Ex-Full Tilt Poker’s US Players Share a Total of $76 Million Compensation

Ex-Full Tilt Poker’s US Players Share a Total of $76 Million Compensation

Iva P. March 5, 2014 19:14:35

Former Full Tilt Poker’s online players get $76 million back, as compensation from their lost back in 2011. Last week was a lucky one for around 27,500 US poker players, as it was announced that they will be compensated with $76 million for their accounts, which were frozen in 2011, due to the case against […]

Poker Executive Lobbies for Legalization of Online Poker in Illinois

Poker Executive Lobbies for Legalization of Online Poker in Illinois

Iva P. March 5, 2014 19:05:22

John Pappas, executive director of the Poker Players Association action group, expressed his opinion regarding the legalization of online poker in front of the Illinois Senate Executive Committee of the Illinois State Assembly Wednesday. Pappas noted that regulated US online poker rooms, would bring great revenues of around $200 million annually to the state. Additionally, […]

Bulgarian National Lottery Winner Rents out an Illegal Cabin

Bulgarian National Lottery Winner Rents out an Illegal Cabin

Iva P. March 5, 2014 15:31:03

Bulgarian lotto millionaire has built an illegal cabin in his back yard, which was reported and he is currently undergoing an investigation in the UK. George Traykov is a former member of the Bulgarian skydiving team, who won the National Lottery twice. The first time in 2011, he won the fantastic GBP 1 million in […]

Bitcoin Gambling Sites Are Enjoying Tremendous Worldwide Popularity

Bitcoin Gambling Sites Are Enjoying Tremendous Worldwide Popularity

Iva P. March 5, 2014 14:56:57

Bitcoin unregulated gaming sites are attracting more and more players, who bet billions and enjoy the non-regulated environment. Bitcoin is a payment system, the so called “digital currency”, which uses cryptography to control the creation and transfer of money. It was introduced in 2009 by a developer with the pseudo name Satoshi Nakamoto and customers […]

The Secretary of State for Culture in the UK Wants to Ban TV Betting Ads

The Secretary of State for Culture in the UK Wants to Ban TV Betting Ads

Iva P. March 4, 2014 16:52:23

Maria Miller suggests introduction of changes in the TV advertisements’ regulations, in order to ensure the protection of “children and vulnerable”. Gambling advertising in the UK is currently flourishing, because all the major betting companies are trying to accumulate as much profit as possible before the introduction of a new tax at the end of […]

Australian Bettors Gamble More and Lose More than Any Other Country

Australian Bettors Gamble More and Lose More than Any Other Country

Iva P. March 3, 2014 14:25:58

Australians are very passionate about gambling and a recent report concluded that they bet more and lose more/per resident, than any other country in the world. Current research shows that Australians love to bet and each resident loses around $1,144/year. This fact makes land-based, as well as online providers like Spin Palace casino, operate at […]

William Hill’s Boss Compares Reining in of Gambling to Killing Horses

William Hill’s Boss Compares Reining in of Gambling to Killing Horses

Iva P. March 3, 2014 14:07:15

Ralph Topping claimed that restriction of fixed odd betting terminals in the UK would be similar to shooting horses and greyhounds. Fixed odd betting terminals (FOBTs) in the UK are very hot topic at the moment, which causes harsh discussions among supporters and opposers. The fact that large amounts of money can be bet for […]