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Tag: Gambling (page 1 of 6)

Gambling with Binary Options

Gambling with Binary Options – Work or Play

Gambling with Binary OptionsGambling with Binary options might be considered as work. Taking a gamble in leisure time is definitely not work. There you have the real definition.

We here examine what binary options is all about. There is a difference between gambling and trading and they are definitely not the same.

Binary options are traded as assets on open business markets like stocks, commodities and currencies. Most market traders would probably regard themselves as having a degree of skill or ability to generate some wealth.

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Pennsylvania Gambling Expansion Approved

Pennsylvania Gambling expansion plans have been approved

Pennsylvania Gambling ExpansionYesterday, a wide-reaching Pennsylvania gambling expansion plans was approved with huge implications. It was the largest change seen by lawmakers since casinos were approved more than a decade since.

The change was promulgated by a need to repair a hole in the state budget and was voted by a majority of 109 to 72 with support from both GOP and Democratic Leaders. This was a huge opportunity to balance the books for the years to come.

The plans will include the expansion of casino style gambling style gambling trucks stops and casinos facilities at airport waiting lounges. Ten new casinos are planned across state.

However the widest sweeping plan is for State wide online casino gambling to be introduced. The new facilities will make Pennsylvania the fourth state to allow internet gambling. Casino and lottery games will be facilitated online to appeal to younger players. There will also be a spin-off as the lottery funds the elderly to play Keno.

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Fraud Gambling Problems

Fraud Gambling Problems

Fraud Gambling ProblemsThe with fraud gambling problems is that they lurk together in dark corners and rarely meet but when they do it is usually catastrophic. Have you ever considered yourself as a person position of trust. Does that scare you?

Over the years many gamblers have succumbed to the temptation of having a flutter with other people money, many do no get found out for years.

Last week, a Financial adviser from Nottingham was jailed for running up gambling losses on more than a million pounds. Mark Pickering was jailed for 40 months for defrauding a number people who were discovered during a Betfair audit.

During 2015 a Quantity Surveyor was jailed for stealing a 6 figure sum from his employers hide his gambling addiction. The funding involved purchasing powers tools which he subsequently sold on for cash.

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Brazil Gambling Ban Under Review

Brazil to Regulate Casino Gambling

Brazil GamblingFor 75 years Brazil has imposed a gambling ban. Now it is under review to help plug the nation’s budget deficit. In Brazil gambling is under review.

In 1941 Brazil outlawed gambling in Brazil as part  of their Criminal Contravention Act. President Eurico Dutra issued a decree to shut down all existing casinos.

Currently only Lotteries, as well as poker and betting on horse races are legal. The latter were accepted as skill based activities.

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Gambling Self Exclusion

Does gambling self exclusion work?

Gambling Self ExclusionFacing life as a gambling addict ought to be made a simple as possible but is it in the UK? Can gambling self exclusion work?

Of the millions of people who gamble around 2-3% may end up having a problem with it.

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Gambling in Florida

Gambling in Florida is under the spotlight

Gambling in FloridaOne US state is waking up to the prospect of legalizing gambling. Gambling in Florida has been restricted because politicians do not want to see the Sunshine State invaded by Las Vegas style casinos.

In many respects Florida would be ideal for casinos because it is already a prominent holiday destination. History has shown that holiday destinations make great locations for casinos.

However, Florida has been a family brand so there is opposition to the idea of introducing casinos. This year, state politicians will have to decide on the future of tourism marketing funds and gambling expansion.

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US Gambling Trends

This article is an analysis of US Gambling trends based on statistic data gathered from various sources.

US Gambling Trends across the States

US Gambling Trends

Gambling Origins

Gambling Legislation across the US was left to the individual states to control as part of the US Constitution.

Since the Constitution, the governments of most of the United States saw gambling as a potential evil. Hence it remained outlawed across most states. Gambling trends have been fixed over time by American attitudes.

Gambling has been permitted on tribal lands since the Constitution and many chose to set up gambling venues as a source of revenue.

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Swiss Parliament approved internet blocking

Swiss Parliament approved internet blocking

Swiss Parliament approved internet blockingWhen is it acceptable to block a website? The answer seems to be when it an unlicensed gambling website. The Swiss Parliament approved internet blocking in those circumstances on 1st March, according to swissinfo.ch.

It was also decided at the same time by the House of Representatives that only an online casino resident in  Switzerland could receive an online licence.

Switzerland was not the first country to determine this is legal. Ten EU member states have so far ratified their constitution to do so, including Spain, Italy, Portugal, France and Greece.

The only way to control internet gambling websites is to take them down, or tolerate them. The People’ Party showed some resistance but other than that it was plain sailing.

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John Marando Self Excluded himself then won

John Marando who “self excluded himself” and then won

John Marando Self Excluded himself from gamblingThis is the sad story of gambler John Marando who self excluded himself then won $10,000. He could not take his winnings because he self excluded himself 17 years ago.

John won $10,000 fair and square on a slot machine in Ontario Canada, only to find that he had self excluded himself from the casino without even remembering. It happened at the Mowhawk Racetrack last week.

John who is an 82 year old gambler had no recollection of self excluding himself 17 years previously in an effort to stop himself gambling.

After the big win John was recognised and denied he winnings. Apparently there is a local law which says a self- excluded gambler cannot claim prizes.

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Macau resents Chinese controls

Macau resents its Chinese border controls

Macau resents its Chinese Border ControlsThe constant interference of China in the affairs of Macau is a thorn in the side of this otherwise independent enclave. Macau resents its Chinese border controls with the mainland.

Macau relies heavily on the free movement of people but it is becoming more complicated. The Chinese are introducing more controls.

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