Offshore Gambling Operators to fall under Secondary UK Online Gambling Tax

There is a major discrepancy in the profits earned by the offshore and local ventures, thanks to the extremely lenient taxation rules that are levied on the offshore operators. Owing to such rules, offshore ventures have managed to cash in much more than their UK-based operators have been able to do. Currently, the offshore operators who provide online gambling facilities in Britain have an upper hand on the British operators which has, understandably, disgruntled the local land and online operators. Speaking about the issue, Ralph Topping, CEO, William Hill, said, “Money will always find a way out. This survey conducted by William Hill also brought to light the fact that if the tax is 10%, ventures would lose 27% of their revenue while if the tax is 15%, ventures would lose as much as 40% of their revenue. The results have been worth a glance.

The survey revealed that should the taxation be levied on such operators, gamblers and betters in UK would not shy away from playing at unlicensed sites, just to avoid the complications. More people will go overseas or to fly-by-night, unregulated sites where the consumer is not protected. With so much talk surrounding the UK government’s impending secondary taxation and licensing implementation, legendary William Hill decided to go ahead with its independent survey. With this new law being passed, William Hill would be back to the mess it was in three years back. However, there are other ventures like Rank PLC that believe giving offshore ventures the advantage of not having to pay tax is against the EU legislation.

In the recent turn of events, UK officials have decided to investigate the online gambling taxation scenario in the country and have declared that a commissioning body has already been formed for the same. However, since the time of its inception, this has come under scrutiny and has been widely criticised not just by local land-based casinos and betting establishments related to sports but also by several prominent politicians and public figures of the country. Going by the report, tough times are predicted for offshore online gambling operators as the government plans to impose taxation laws that promise to be more stringent than they have been in the past. As a result of this, the government has decided to apply a secondary tax on all such offshore gambling ventures.. Views of many of experts from the industry as well as several gambling ventures representatives will be considered by the committee before a conclusion is arrived at.

The commission that has been formed by the UK officials has been established with the purpose of analysing the relevance, bearing and outcome, should a secondary taxation be implemented on the offshore operators. With a growing number of people voicing their opinions against this glaring differentiation, the government of UK has been forced to rethink its policies. If the stricter laws are sanctioned, such disparity will soon be a thing of the past.

The relatively easier law that governs offshore gambling ventures was adopted by the UK online gambling legislation in the year 2005. I hope the Government sees sense on this.” For the very purpose of evading high taxes in the UK, William Hill had moved its operations headquarter from the country to Gibraltar

Advice :: Internet Addiction | ArticleBiz.com

They often make excuses to stay home more, but when they are home, they may seem apprehensive or depressed until they can find a good reason to go online.

The greatest tragedy to it all is that those around the addicted individual are the real victims. It may be a private method for indulging in what is actually a gambling or pornography addiction.

They want complete privacy when they are online. The most important step is to force the individual to see there is a serious problem. The best time to act is now. Hyde.” They are horrible to live with offline, but as long as they have that connection, they are relatively normal.

Internet addiction is a very real condition that affects households worldwide. What is it that causes this? What are the symptoms? Many people mistakenly believe it’s merely a penchant for checking email or losing track of time while playing a game. They see the mood swings and make excuses to others.

Fighting Internet Addiction

Any addiction becomes an actual “addiction” when it negatively affects the lives of both the addict and all those around them. The addicted individual withdraws from real people and becomes more focused with individuals they know online. If you try to talk to them, you will be ignored. They watch their loved ones morph into someone else. It’s fairly easy to spot internet addiction. They must not only endure the emotional “mess” they must clean up after their loved one.

It often requires professional help to break internet addiction. They may exhibit personality qualities much like “Dr. Internet addiction has taken so many years to become established due to the disbelief many have over its legitimacy. Internet addiction is not the same and it’s consequences can be far more devastating. This can be skyrocketing bills from gambling or substances. It may be issues at school with children. Many will not even stop to talk with people who are visiting. Substance abusers may find it easier to purchase their drug of choice through the internet. The “fix” is pretending to be someone else. Internet addiction is completely curable and there’s no reason to endure it any longer.

There are individuals who like to use the internet as a method of escape from their daily lives. This form of addiction is completely psychological. . Most internet addicts do have an ulterior motive for being online so much. Many internet addicts, however, aren’t classified with any of these more typical vices. It may be serious problems in the workplace due to inattention or inactivity. Jekyll / Mr. Some may have complete alter identities through the internet

Sports Arbitrage | Sports Arbitrage

An experienced sports arbitrage trader making just a handful of bets every day will realistically earn 10% every month of his or her total bank roll!

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Arbitrages can be perfectly applied to sports betting. When you’ve learned the basics, and seen for yourself that you can make some serious money, you’ll want to subscribe to the Pro version that give you access to all arbitrages. It is also completely free to use for as long as you want, letting you bet on arbs up to 0.6% (which is great for learning the software and practice Sports Arbitrage Trading). Remember that you can use RebelBetting Free, for as long as you want. RebelBetting is a tool that does all this for you and presents a list of arbitrages with all the information you need. These profitable arbitrage situations happen regularly every day, often there are more situations than you can effectively use. This is an investment method. RebelBetting users regularly make a profit of 10 to 20% every month, even beginners. You will receive the complete e-book within 2 minutes. Signing up will take you to the download page where you can download RebelBetting

Start using the fastest, most user-friendly and most actively developed arbitrage solution today. The second month ended with over 18% profit. Compare this to other forms of investing, and you’ll understand our happy users.

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1 Weektrial weekTrial weekTurns into a 1 Month subscription at the end of the week. If the two bookmakers have sufficiently high odds, you will be guaranteed a profit no matter who wins the game. . The trick with sports arbitrage is to bet on all outcomes of a game, betting on both teams to win. You “buy and sell” odds and the markets are two competing bookmakers. Select your plan and sign up to RebelBetting. You win every time.

Some of the content:

To find the best sports arbitrages you will need to scan hundreds of web pages and thousands of odds every minute, compare them to each other and calculate if the odds result in an arbitrage opportunity or not. It also helps you place your bets by using the AutoLogin and AutoSurf features that lets you find your odds and place your bets in seconds instead of minutes. There is a method that effectively turns sports betting into a way of investing your money, with regular profits above 10% per month. As an added bonus, this profit is tax free in most countries (since most bookmakers are located in regions with no tax on sport betting).

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Arbitrage Profit Month 1Arbitrage Profit Month 2

I’m going to tell you how you can bet on sports and profit no matter the outcome of the game. In the beginning you can just try it out, placing small bets until you’ve become more experienced. Many arbs disappear quickly so this speed is crucial to catch the best opportunities.

Arbitrage is a well known financial practice of buying low and selling high on two different markets simultaneously, making an instant profit.

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Sports Arbitrage with RebelBetting

When the match is complete, you collect your profit which is usually 2-5% of your total wager. The subscription fee is usually covered within just a couple of days of trading.

As you can see, he achieved a 9% profit the first month even though making a common beginner mistake (the dip). This is called sports arbitrage, and turns gambling into a solid investment method. Please note that this is not gambling, or a “betting system” that only works until your luck runs out. You can opt out of this if you want.Trial week7 days7 daysPaid now: EUR39Paid now: EUR39Sign up1 Monthper monthTrial weekSave EUR27 or 17% compared to buying four weeks.Save EUR27 (17%)7 days32 daysPaid now: EUR39 Paid now: EUR129Sign up

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Step 1. After a while you’ll find that placing a bet only takes a few moments of your time every day, and the profits will be anything from a nice side income to a really nice living.

Imagine you could bet on both teams in a match and make a profit every time. We will teach you how to effectively avoid these in the e-book

Panama Papers reveal George Soros’ deep money ties to secretive weapons, intel investment firm

The database links Soros Capital to Dongya Ports Limited, owned by a tangle of offshore entities.

On May 9, client data stolen from the Mossack Fonseca law firm in Panama was published online by the ICIJ as part of its Offshore Leaks database. The searchable database contains a portion of the offshore financial records given to the journalists by anonymous whistle-blowers since 2013; it does not include leaked emails and other explanatory data that ICIJ reporters use to write about the offshore financial holdings of newsworthy individuals.

Soros is certainly newsworthy. Five years later, he exacerbated a regional economic crisis by betting against Thai and Malaysian currencies. So far, the International Consortium of Investigative Journalists (ICIJ) has been silent on its benefactor’s ties to the law firm.

Three offshore investment vehicles controlled by Soros are catalogued in the Panama Papers. taxes (his spokesperson, Michael Vachon, declined to answer that question), but the billionaire donates lots of money to Democrats who write and enforce the tax laws. But in the mid-1990s, Soros Capital bought several SEC-regulated firms, an act which required it to disclose the basic design of the Quantum network of interlocking offshore companies and bank accounts that shield Soros’ billions.

On the other hand, the Panama Papers’ leaker, known as John Doe, said that he had exposed the vast cluster of offshore firms and bank accounts, because “income inequality” and “massive, pervasive corruption” are “the defining issues of our time.”

In 2014, Soros donated $381 million of Quantum Group of Funds shares to his Open Society philanthropy. In 1992, the self-styled philosopher-economist nearly bankrupted the Bank of England by manipulating the price of the pound. The private equity partnership specializes in buying and selling weapons manufacturing and intelligence gathering companies with government and military contracts and it also uses secret offshore companies to conduct business.

Soros’ offshore companies may not pay U.S. The ICIJ’s leader, journalist Gerard Ryle, said he had not noticed Soros’ companies in the Offshore Leaks database until FoxNews.com called the matter to his attention.

. Billions of dollars in profits from Soros’ currency-pummeling moves flowed through the Quantum Group of Funds.

Because it is based offshore, the Quantum Group of Funds is not normally subject to regulation by the United States Securities and Exchange Commission. Carlyle’s partners include ex-heads of state and former CIA officials. He has donated “up to $1 million” to the Clinton Foundation. Incorporating a business offshore is not illegal, but President Obama has called for the tax loophole to be sealed shut, saying everyone should “pay their fair share.”

“I suspect we would have more information [on Soros] because the public database … The New York-based charitable foundation supports hundreds of advocacy groups, academic research and investigative journalists that align with Soros’ oft-stated goal to promote globalized capitalism and democracy.

News stories about offshore bank accounts revealed by the Panama Papers brought down Iceland’s prime minister last month. In July 2011, Soros closed the multibillion-dollar fund to all but members of his immediate family, allowing him to escape the Dodd-Frank Act mandate for hedge funds to disclose investors and conflicts of interest. was incorporated in Panama; Soros Holdings Limited was set up in the British Virgin Islands and a limited partnership called Soros Capital was created in Bermuda.

FoxNews.com has requested access to that data.

Soros Capital set up an offshore company in the Cayman Islands for the purpose of investing private equity with the Carlyle Group, alongside members of Saudi Arabia’s Bin Laden family. Heads of state, Hollywood stars, heiresses, arms dealers and drug lords who established secret offshore companies and bank accounts are outed almost daily by the ICIJ. But he remains a potent political force.

Billionaire George Soros, who has spent millions of dollars financing Democrats and left-wing causes, used a controversial Panamanian law firm to establish a web of offshore investment partnerships that operate around the world and out of the scrutiny of U.S. does not contain the underlying data,” Ryle said in an email FoxNews.com.

The laws of Panama, Bermuda, the British Virgin Islands and a score of “tax havens” allow foreign firms to hide ownership of cash, real estate and other assets from securities regulators and tax collectors in the countries where they are physically headquartered.

The so-called Panama Papers, a trove of 11.5 million financial documents tracing the Mossack Fonseca law firm’s efforts to help politicians, celebrities and criminals shield their money from taxes, contain links to Soros, who funds the journalism group that is disseminating the information. AIF combines private investments with public funding contributed by Asian governments to develop massive infrastructure projects. His Open Society Institute is one of ICIJ’s main funders, granting it $1.5 million last year. regulators, according to leaked documents.

Offshore Leaks does not include SEC information, but it reveals Soros Capital as a major investor and corporate officer of AIF (Indonesia) Limited.

Soros is the sole proprietor of Manhattan-based Soros Fund Management LLC, which controls his offshore empire. He is the largest donor to Hillary Clinton’s campaign for the presidency, plunking down $8 million, so far. In the 2004 presidential election, he contributed $24 million to George Bush’s opponents. And Secretary of State Clinton’s emails reveal that Soros has lobbied her on behalf of his interests, which encircle the globe, mostly in the dark.

Soros, 86, is worth an estimated $25 billion. Soros Finance, Inc. The Panama Papers data reveals only the tip of Soros’ offshore iceberg, the Quantum Group of Funds. A few months later, Soros lost the final appeal of his 2002 conviction by a French court for insider trading

The Negative Influences of Media on Society You Never Thought About

For example, the negative effects of addiction are portrayed through advertisements. When this thought grips the minds of youngsters, they take to fad diets or turn to cosmetic surgeries to get that so-called perfect body. The bad is overinflated and the good goes unnoticed. Advertisements carry subliminal messages influencing buyers’ psychology, or carry direct messages that bear a negative influence. The media is constantly bombarding us with information. But isn’t it too much to blindly believe that they exist? Fiction is amusing only till the distinction between fact and fiction is clear. Any publicity is good publicity, you begin to feel.

The media in itself is so addictive that once glued to it, you tend to forget everything else. Watching TV or browsing the web late night is spoiling the sleeping habits of many.. Sometimes, small incidents or events in the lives of celebrities and politicians are hyped, in order to make them more sensational. With the intent of stressing their point or for grabbing greater attention from the masses, media hypes or exaggerates things to a certain degree. Parents and teachers have a big role to play in selecting what the young should see and what they should not.

To some extent, media is responsible for generating negative feelings among those exposed to it. Refrain from watching such programs or news. The only way to shield yourself from them, is to not allow them to influence you. This affects kids and teenagers the most, as they are exposed to things they might interpret wrongly or may not even understand at that age.

While a certain amount of exposure to media is essential for introducing ourselves to the world outside, excessive exposure, uncontrolled access and belief without thought won’t lead us anywhere. But media did play a role in propagating these characters and making them seem real. Use your judgment before following or falling for anything. No one’s propagating the importance of exercising to keep fit. Most believe everything to be real, especially kids and teenagers.

Media Addiction

Negativity

The negative effects of media on children are manifested in terms of their changing mental setup and the declining quality of their lifestyle. The positive effects are surely celebrated by one and all. You want to wear the shade of nail polish Lady Gaga wears for that frantic gaga look. As a responsible adult (parent or teacher), exercise control on the media exposure that kids and teenagers get. The impact of media is such that the wrong, the controversial, and the bad is more talked about. This makes the overweight feel out of place. Just like them, even you want to be in the news. Here, we will try to understand how media influences us negatively.

When you try to imitate your role models from the glamor industry, do you give a thought to whether you are doing right or wrong? It is often seen that young girls and boys imitate celebrities blindly. There’s no one advertising the benefits of eating fresh fruit everyday, no one’s promoting drinking 8 glasses of water daily. The Solution

The solution to avoiding the negative influence of media lies in limiting media exposure and choosing what to watch. To get rid of a big nose or to get those big pouty lips, teenagers are ready to go under the knife.

Information Overload

The negatives in society are highlighted with the purpose of awakening people about them. You want to sport your favorite actors’ hairstyles and you want to walk like those ramp models do. Those at a vulnerable age, especially children and teenagers, are highly influenced by anything that is put before them in a jazzy way. Adults may have the maturity to distinguish between the good and the bad, but bombarding only the bad can affect anyone at least at the subconscious level. Aren’t there ghost and vampire stories that media claims as real? These characters enter our world through books and movies. Sometimes, little things are blown out of proportion thus changing the way they are perceived by the audience. Media highlights controversies and scandals in the lives of celebrities. Haven’t you had experiences of a bad dream after watching a violent movie? Or of imagining something scary happening to you after watching a horror film? Or a sudden fear gripping your mind after reading about a murder in your city? The reality should be depicted but not so gaudily that it’ll have a lasting impact on people’s minds.

Unhealthy Lifestyle

Fact-Fantasy Confusion

Media is held responsible for the change in eating habits of teenagers and the unhealthy lifestyle they are adopting. Media is the interface through which millions look at the world outside. You want to be someone, but not yourself! And now you say media does not influence you! Oh come on, it surely does! Mass media does affect the way in which masses think and act. The masses fall for this being-in-the-news and end up imitating celebrities without much thought. It influences their behavior both positively and negatively. Media influences public opinion and impacts the choices that people make. When the two worlds mix, life becomes difficult.

Right-or-Wrong Dilemma

Changed Outlook

Blind Imitation

Media has negative effects on the physical and psychological well-being of society. Children should invest more time reading good books, studying, playing outdoors and exercising. And there are so many things you see around you, without choosing to watch them. An inferiority complex and lowered confidence in people with not-so-perfect bodies can lead to eating disorders. This is leading teenagers to adopt unhealthy eating habits. An early exposure to bold or violent films, books publishing adult content and news portraying ugly social practices has a deep impact on young minds. It’s not just media to be blamed in this case. And that’s how impactive media is.

Your role models are people that the media exposes you to. The media does play a role in portraying thin as beautiful and fat as ugly. They will only make the negative influence of media more obvious.

Wrong Message

Women with petite bodies and girls with a barbie figure are always shown to be more popular or attractive while the overweight are portrayed as less popular, having less friends and being bullied. Media is everywhere, affecting every aspect of life.

Self-hatred

The media has, in its own way, changed people’s outlook towards life. Instead, watch good programs that carry healthy content, engage in positive activities, and encourage others to do the same. The ‘awakening’ does not reach everyone or it reaches the masses in the wrong way. Depiction of the bad has a negative impact on kids not mature enough to interpret what they are being shown. The craze for models or actors and actresses, makes teenagers want bodies and facial features like theirs. Newspapers, television and the Internet are used to convey social messages. This can, and has led to increasing cases of anorexia. News sources often bombard you with the same negative stories over and over again, in order to increase the impact. It is bombarding you with content, news, information, gossip, rumors – it is exposing you to everything it has, some things necessary, some not; some things important, some not, some things you want to ignore, some things you cannot.

Media portrayals give rise to stereotypes, affecting your mindset. Media influences them negatively. The reel entertains only till its difference from the real is understood. If children are bombarded with fight sequences, stunt work, sex and rape scenes, suicides and murders through books or movies, they are bound to leave a scar on these impressionable minds. You want to wear the LBD just because you are a fan of Coco Chanel. Media sources are so many in number and all of them so convincingly make their point, that it is hard to distinguish between right and wrong. When you are not watching TV, you are surfing the Internet, when you are not on the web, you are reading newspapers, when you are not reading anything, you are listening to something. The benefits of following a balanced diet are not being hyped anywhere. Lack of physical activity leads to obesity problems. Not everyone is able to filter that element. It’s not possible to insulate yourself completely from the effects of media, even if you limit the exposure. Thus, all the time, you are glued to some form of media. This leads to a notion that thin is sexy and fat is not. Media is exposing the masses to fast food products, canned food, fad diets, and energy drinks. We don’t judge, we get influenced. In a survey done on fifth graders by the National Institute on Media and the Family, it was found that kids had become dissatisfied with their bodies after watching a video of a certain very popular artiste and a certain scene from a popular TV show (names omitted on purpose).

You want to imitate an action sequence just because your favorite action hero looked ‘cool’ doing it. People spending hours in front of a television or surfing the Internet experience eye problems. Don’t believe in them without thinking. You want to do everything that people from the glamor world do, you want to be like your favorite celebrity. But there are advertisements of expensive exercise equipment, and weight and fat loss programs. You ask me why? Well, because there are these junk food advertisements everywhere. With a ‘world’ of information and entertainment waiting on the other side of a computer or TV screen, it’s not unnatural for anyone to spend hours exploring it; it’s addictive. Put things in perspective, and don’t let the media influence you to do the wrong things.

Health Problems

The media is so overwhelming that the masses end up believing everything it says/shows. And not just children, the unpleasant can impact even an adult’s mind. How far do we go to check its authenticity? How deep do we dig to get to the root of something that’s making news? How critically do we judge the reality of reality shows and the truth behind true stories? We don’t think, we believe. What is shown with an intent to ‘spread a message’ ends up becoming a bombardment of the bad, the ugly. Don’t take media portrayals by their word. Due to the oh-so-alluring media, most of their time is spent glued to the television, reading celebrity gossip, listening to something sensational or wandering aimlessly on the Internet. Media claims to depict the ‘today’, but not all types of media show only the truth. But unfortunately sometimes, the message is misconstrued. There is no denying their amusement value or entertainment quotient. So there is a section positively influenced by the media while there are others who take the wrong message from it. It has led to a general opinion that size-zero is the in thing and fat and chubby are out. At that age, they are attracted to anything that’s flashy and anything that can make news.

Vampires, werewolves, witches, ghosts – where did they come from? Fairies, superheroes, angels – where did they come from? It’s not only media to be blamed, as these characters belong to folklore. They are ready to starve themselves to lose weight. But the negative effects are not conducive to a healthy society

Gbgc Provide Industry Trends And Statistics Gaming

Warwick Bartlett is experienced writer, who will tell you that Statistics Gaming is the most suitable way to play gambling games in the virtual casinos. It is more competitive and professional game performed well by the online game players. Today, internet gambling statistics have also predicted that Industry Trends are the latest trends that make you eligible for playing online games successfully. These trends are extremely treasured by worldwide players. The most important decision to gamble a certain amount of money is based on three factors namely; the predictability of the event, how much to bet and the conditions agreed upon between the gamblers. It is the loveliest activity for playing games very well. The proficiency of a gambler lies in performing the calculation between three parameters and making a brand decision about what amount should be kept on venture and how much to expect in the return.. Recently, global market is very competitive, so online gamblers should be kept you up to dated and informed about the changing trends of playing various kinds of games around the world. It is playing an important role for introducing online gambling with excellent features. Industry Trends are the latest trends to make you eligible for online playing games.

Author’s Bio: 

Statistics gaming demonstrates that online casino is getting a lot of popularity across the world. Today, computer technology is the most powerful form of entertainment and recreation and many more games. Statistics Gaming explains that it has been proved as the most powerful addictive activity to keep the online gamblers on moving path with various kinds of gambling activities of whether they can earn or lose in great deal.

Gambling is the most indispensable event to the betting of money on an event with an uncertain outcome with intention of winning extra money. It is very latest internet betting, which is getting a lot of popularity among youngsters from all walks of life, young people and older people.

Nowadays, games are offered in casinos, Red dog and blackjack, the table games like poker as also electronic games like Slot Machine and Video poker are the most common types of gambling. Nowadays, internet gambling is the most popular game activity played very well around the world. Dice based games, card games and coin tossing games are the most popular non casino based forms of gambling:- sports betting and arbitrage betting are the most up-and-coming kinds of gambling. It also shows that more and more people love to play very well in virtual casino gambling, especially for those people, who have grown to love casino and video games.

Industry trends are the most up and coming trends to make you eligible for playing online games successfully

Offshore Gambling Operators to fall under Secondary UK Online Gambling Tax

As a result of this, the government has decided to apply a secondary tax on all such offshore gambling ventures.

In the recent turn of events, UK officials have decided to investigate the online gambling taxation scenario in the country and have declared that a commissioning body has already been formed for the same. There is a major discrepancy in the profits earned by the offshore and local ventures, thanks to the extremely lenient taxation rules that are levied on the offshore operators. However, there are other ventures like Rank PLC that believe giving offshore ventures the advantage of not having to pay tax is against the EU legislation.

The commission that has been formed by the UK officials has been established with the purpose of analysing the relevance, bearing and outcome, should a secondary taxation be implemented on the offshore operators.

The survey revealed that should the taxation be levied on such operators, gamblers and betters in UK would not shy away from playing at unlicensed sites, just to avoid the complications. With this new law being passed, William Hill would be back to the mess it was in three years back. I hope the Government sees sense on this.” For the very purpose of evading high taxes in the UK, William Hill had moved its operations headquarter from the country to Gibraltar. This survey conducted by William Hill also brought to light the fact that if the tax is 10%, ventures would lose 27% of their revenue while if the tax is 15%, ventures would lose as much as 40% of their revenue. If the stricter laws are sanctioned, such disparity will soon be a thing of the past.. Speaking about the issue, Ralph Topping, CEO, William Hill, said, “Money will always find a way out. With a growing number of people voicing their opinions against this glaring differentiation, the government of UK has been forced to rethink its policies. Owing to such rules, offshore ventures have managed to cash in much more than their UK-based operators have been able to do. Currently, the offshore operators who provide online gambling facilities in Britain have an upper hand on the British operators which has, understandably, disgruntled the local land and online operators. With so much talk surrounding the UK government’s impending secondary taxation and licensing implementation, legendary William Hill decided to go ahead with its independent survey. Views of many of experts from the industry as well as several gambling ventures representatives will be considered by the committee before a conclusion is arrived at. Going by the report, tough times are predicted for offshore online gambling operators as the government plans to impose taxation laws that promise to be more stringent than they have been in the past. The results have been worth a glance.

The relatively easier law that governs offshore gambling ventures was adopted by the UK online gambling legislation in the year 2005. However, since the time of its inception, this has come under scrutiny and has been widely criticised not just by local land-based casinos and betting establishments related to sports but also by several prominent politicians and public figures of the country. More people will go overseas or to fly-by-night, unregulated sites where the consumer is not protected

Company Profile for Global Betting & Gaming Consultants

Bartlett has

an extensive track record in the gambling industry spanning some 40

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In addition GBGC could offer the added value of the knowledge of over

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2nd Floor , 8-10 Malew Street

Castletown, OTHER IM9 1AB

United Kingdom

 

Main Telephone:

Warwick Bartlett

Phone:

Our client base ranges from leading financial institutions such as UBS

and Dresdner Kleinwort to William Hill plc

Lorien Pilling

Phone:

GBGC’s combination of operational and

financial experience combined with our gambling industry focus, our

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In addition to its consultancy GBGC has produced four reviews of the

global gambling market that have been widely acknowledged to be the best

available both in terms of both their detail and accuracy. The latest

review published October 2008 extends to over 1000 pages.

Private

 

Industry:

 

Headquarters Address:

 

Public Relations

Contact:

GBGC’s personnel spend all of their time

looking at the gambling market. In addition to monitoring all of the

specialist industry press, both domestic and international, the company

also benefits from a daily electronic press cutting service that covers

more than 2,000 publications worldwide. GBGC

also keeps abreast of all the latest corporate news in the sector as the

company publishes the quarterly GBGC50 and iGBGC indices.

+44(0)1624827138

Email:

Projects have included market research/assessments, business/facility

planning, product evaluations, design/operational reviews, the

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regulation development for and on behalf of governments, IPOs, M and A

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Public Relations

lorien@gbgc.com

COO: Mark Pilkington

GBGC’s tracks market data, regulation and

industry news as it happens. The company has work

with or supplied information to over 400 clients the majority of whom

are ‘blue chip’.

warwick@gbgc.com

–(BUSINESS WIRE)–Global Betting and Gaming Consultants (GBGC) was established by its

Chief Executive and founder Warwick Bartlett during 1998. We have advised the Government of Botswana on the

implementation of their new Gambling Act.

 

Global Betting and Gaming Consultants

With an international focus GBGC are able to offer clients an additional

perspective gained from researching markets, working on projects and

attending/speaking at conferences around the world. Consequently GBGC are the

most widely quoted source of industry data in share prospectuses and

analysts’ notes as well as on TV/Radio and in publications as diverse as

the Financial Times, Forbes, Time Magazine, BBC Radio 4, BBC Breakfast,

ITN news, the Economist and Fortune magazine.

GBGC has established itself as the most credible specialist

international gambling consultancy in the world.

The statistics and forecasts that are contained within the Global

Gambling Report have become widely recognised, within the industry, the

financial community and the Media, as the industry standard for sizing

both the online and offline gambling markets. This is monitored on a daily

basis with a newsfeed service being provided at www.gbgc.com.

Consulting

 

Key Executives:

Company:

Contact:

+44(0)1624827138

Email:

GBGC also provided the data on Internet gambling to lawyers representing

the government of Antigua in its case against the United States at the

WTO.

CEO: Warwick Bartlett

Head Of Research: Lorien Pilling

+44(0)1624827138

 

Type of Organization:

Bartlett was advisor to The Government of Malta for two years and our

advice helped Malta establish itself as the leading off shore gambling

jurisdiction

Gaming laws could pose risk for fantasy football craze

Other states are less clear with the laws they have on the books and what it means for pay-to-play groups. 

Olszewski’s law, which went into effect on Oct. Touchdowns, field goals, yards gained, sacks and interceptions generate fantasy points as sedentary owners go head-to-head each week.

But some states like Florida say they want no part of the fantasy phenomenon and have technically banned it. The NFL has even gotten into the act with a web site for stats and strategies. 

Sunshine State residents caught betting money on fantasy football leagues could be slapped with misdemeanors. 

The problem is that the sport has morphed into a billion-dollar betting industry that conflicts with state gaming rules and regulations. 

Federally, the law that regulates online gambling — called the Unlawful Internet Gambling Enforcement Act of 2006 — protects fantasy football leagues, though players are supposed to report their winnings to the IRS. “Some fantasy agreements — especially those in any chance states — violate state law.” 

“Chance states” are those that prohibit or limit the legality of a player getting paid if a game involves an entry fee or prize, or if the outcome of the game relies on an element of chance. 

Sitting on the sidelines wasn’t an option for Maryland Del. Meale did not respond to repeated requests for clarification. 

Once a novelty game between industry friends, fantasy football has skyrocketed into a national obsession, complete with armchair general managers and game-day experts giddy over calling the shots from their man (and woman) caves. 

The argument some make, though, is that the victor of a fantasy game is determined through skill, not chance. 

The trash talk around the water cooler is already underway as hordes of fantasy football players get ready to draft their teams. Recently, Yahoo! announced the launch of its Yahoo! Pro Leagues, which are leagues that offer up $500 in cash prices to fantasy football players. 

“In many cases, state regulations are stricter than federal regulations,” law professor Marc Edelman told FoxNews.com.    

The popularity of the game has given way to countless websites, blogs and magazines. John Olszewski Jr., who successfully got a bill passed in the 2012 state General Assembly that would allow Marylanders to compete for cash and prices in fantasy sports leagues. 

Meale was not able to say how much, if any, of Florida’s resources were spent going after and prosecuting fantasy football participants. 

“Most interesting to me, however, is that even though Yahoo has taken a more risk averse approach than CBS Sports, it still does not outlaw its game in a number of states where some risk still may exist,” Edelman said in his blog. 1, officially gave sports fans in the state the right to play to win big bucks in fantasy football leagues. 

But managing a dream team of real players could get some betting fans in hot water with the authorities. In states where high-stakes fantasy sports technically falls under the definition of prohibited gambling, players could be risking more than their pride. 

Much of the confusion over the legality of operating and participating in fantasy league-land centers on murky state gaming laws clashing with broad federal policies. 

. Groupon even featured a special in August that taught newcomers the tactical maneuvers needed for a successful season. 

Arizona, Iowa, Louisiana, Montana and Vermont are among the “chance states,” said Edelman, a law professor at City University of New York, Baruch College, Zicklin School of Business. 

Surprisingly, CBS Sports and Yahoo! Sports offer play-for-cash games in Florida, which may be in direct contradiction to the law there. “For example, Yahoo! is willing to pay cash prizes to contestants in Kansas, even though last fall the Kansas Racing and Gaming Commission had language on its website indicating that pay-to-win fantasy sports games were illegal.” 

Jenn Meale, communications director for Florida Attorney General Pam Bondi, points to a state statute that prohibits residents from playing in fantasy leagues “whereby contestants pay an entry fee for the opportunity to select actual professional sports players to make up a fantasy team whose actual performance statistics result in cash payments from the contestants’ entry fees to the contestant with the best fantasy team.” 

Typically, in fantasy football, players draft a roster of real NFL players and keep score against each other based on how their players do in real games.

The law not only extends to office pools that stretch out over a season but also allows players to lawfully compete for cash in high-stakes leagues that only last one day or one weekend.

Take Florida, for example. 

Calls to CBS Sports and Yahoo! were not returned

Online Gambling – The Games by Kenneth Bateman

The right combination of symbols must be aligned with the payline in order to win. In Keno a computer randomly selects numbers from a group of eighty and the player must guess which group will be chosen.

Poker entails examining your hand and guessing what your opponents have. Bets are based upon which slot the ball will land when the wheel stops spinning. If the symbols are not aligned in a winning combination, you lose.

Craps

As you would expect, games of pure chance, with no skills required by the player offer terrible odds. A two, three or twelve is an automatic loser on the come-out roll.

- Caribbean Poker

Online casinos offer a multitude of gambling game options designed to appeal to the adventurous or the conservative player. Slots are composed of spinning reels with an assortment of symbols on each reel. The slot machine’s reels are lined up on what is known as a payline. Bingo! . Among the most popular poker games to play online are:

- Seven Card Stud

- Pineapple

Roulette

- Omaha

Slots

Poker

A small, marble-like ball is placed into a spinning wheel that has red and black numbered slots. The shooter is a winner if point is made on follow up rolls. Low house edge is of advantage to the player.

Played against the casino’s software and not against other players.

Literally thousands of betting options. Among the many sub-categories of betting on roulette are: betting on which color the ball will land, betting on any one of the three columns on the roulette table, or betting on a specific set of twelve numbers.

- Jacks or Better (most popular)

The total value of two dealt cards must not exceed nine. The following is an overview of some of the more popular online games, both multi-player and single player, and is not intended to be a tutorial. Keno is one of those games, and is really the casino version of a lottery draw. In poker you are playing against other players, and not against the house. Shooter must roll a seven or eleven on the come-out, or first roll to win or establish a point. Blackjack is played against the house, and not other players.

This article was posted on September 05, 2006

Slots are the most popular of the no skills required online casino games, and is a veritable cash cow for the casinos, with the odds firmly stacked in favor of the house. There are countless books and online sites detailing game rules, strategies, etc., and it is suggested the player take advantage of these before attempting to play for money.

Eleven balls are drawn from a pool of thirty. The hand with the total value closest to nine wins.

Video Poker

Baccarat

Online Gambling – The Games

 by: Kenneth Bateman

Video

Keno

- Texas Hold ‘Em (by far the most popular)

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- Joker’s Wild

Blackjack

- Deuces Wild

Also known as “twenty-one” as the cumulative total of the face value of the cards cannot exceed twenty one to win. If a seven is rolled before point is made, the shooter loses. Face cards are valued at ten and aces at one or eleven at the players option