Do Americans Deserve Online Casinos

Posted By admin , on December 21, 2007 at 9:14 AM .
Category: Casino

While the most recent news in the world of online gambling is the Untied States recent push towards legalizing gambling internet sites, some countries are more opposed to the push than the staunchest of Senators. So just who are these opponents to America’s attempt to gain online casinos, are they right wing political groups or anti-gambling activists? Not even close, the newest opposition is coming from countries that consider online gambling to be a precious resource.

It’s the homes of these offshore gambling internet sites that are feeling attacked from both sides. While major American casino companies are pushing to legalize online gambling, the other side is trying to keep online casinos Out of American society, and off of their computers. This means that smaller places like Antigua and Barbuda are now feeling the weight of America’s left and right foot stomping all over their livelihood.

In fact many small countries located all across the globe have legalized the running of gambling internet sites from within their borders to help save struggling economies. These same small Caribbean island communities that are fighting to keep their best online casino customers, are often bending over backwards to make their islands vacation resorts to cater to American citizens and other tourists.

Islands like Antigua and Barbuda have very small and vulnerable economies, which are in dire need of a diversified economic base. Offshore casino services were introduced to the islands in the hopes that gambling internet sites would compliment their tourism industry.

The international community has highly praised these small island communities for their impressive commitment to keeping the highest standards for the gaming industry. Without any official estimates, figures indicate that offshore gambling internet gaming brings in more than EC$250 million each year to local economies in Antigua and Barbuda. An additional EC$200 million is estimated in indirect spin offs.

While workers in the gambling internet industry of Antigua and Barbuda are invoking memories of devastating economic loses because of Hurricane Katrina’s effect on a major gambling area in the US, many in these island communities are desperately trying to keep the same economic losses from their already struggling communities.

Last week the US Department of Justice examined many offshore gambling companies whose primary customers are US citizen, in the hopes of arresting and closing down offshore sites that “entice” US citizens to send their money offshore.

Locking US gates against these offshore gambling internet casinos would not only take thousands of Americans away from a favorite pastime, but would also contribute to the loss of 70% of the online casino customer base. This 70% loss would help to destroy the economies of many struggling counties, so why not just leave well enough alone?

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The Naughty New Casino

Posted By admin , on December 20, 2007 at 8:57 AM .
Category: Casino

Joining the many great online casinos is a new casino that will definably be popular, even if the gambling isn’t the reason. Generally, to become one of the best rated online casinos, you need to have gaming and offers that will bring in customers, and keep them there. But as one company is about to find, to be one of the best rated online casinos, it won’t hurt to have a name as widely recognized as Playboy.

Gambling software company, CryptoLogic Inc., is confident that once Playboy opens their new online website using CryptoLogic technologies, good will only get better. The gambling software company said that its first quarter profits went up a dramatic 58% to $7.7 million US, as their casino games grew more and more popular.

The news that CryptoLogic and Playboy are teaming up together for a new online casino came only one day after CryptoLogic declared a 71% increase in the quarterly cash dividend, now up to 12 cents a share.

“Our excellent results, progressive dividend records and positive business momentum are testaments to our disciplined business strategy and out commitment to enhancing shareholder value,” said CryptoLogic chief executive Lewis Rose.

“Our focus on geographic and product diversification has enabled us to capitalize on some of the most profitable gaming markets.” Rose continued.

CryptoLogic, the creator of games found on the best rated online casinos, has signed a three year deal with the adult magazine publisher Playboy. As part of the deal CryptoLogic will launch the Playboy brand online casino, as well as provide electronic cash management, customer support and marketing support.

According to Rose, “The new site will leverage the global reach of this major media brand outside of the US market.”

“If Playboy also launches a poker site in the future, we will be the exclusive provider for that site as well.”

Although current United States prohibition against online gambling limits Playboy’s national marketing abilities, the company plans to actively market their new brand of adult entertainment around the world.

Playboy, one of the largest and best known companies in the adult industry, publishes an adult magazine, and has a adult television channel. The company is best known for its legendary bunny symbol, that is found on clothing, hats, underwear, lingerie, jewelry and more. The well known company is planning to use the online casino to combine the two most popular types of adult entertainment found on the World Wide Web.

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