Industry Experts Surprised at Recent Gambling Figures

With an estimated 250,000 gamblers, whose past time has become ‘problematic’, there was fear from regulatory and government bodies that with the introduction of various new mediums, including online casinos and poker rooms, that this figure would dramatically increase. However, and surprisingly for many, the percentage of people within the UK with a so called ‘gambling problem’ has in fact fallen from 72% in 1999 to 68% this year.

Although this figure does not show the entire picture, with the majority of this 4% change being directly attributed to a decline in players of the national lottery, it is indeed welcomed news for those who had expected a sharp rise.

This study, entitled the ‘Gambling Prevalence Study’ and conducted between September 2006 and March 2007, questioned approximately 9,000 adults in relation to a total of 17 different forms of gambling. Head of the study, Peter Dean, concluded that more than 99% of adult gamblers did not fall into this problem group and that overall, despite the introduction of new gambling methods, the number of people who regularly enjoyed a flutter had decreased.

So why are less people gambling, considering the relative ease with which you can now take part? Why has the advent of online gambling been apparently unable to entice more people into playing, and more often? Well, the truth of the matter is that they have succeeded in drawing gamblers into their virtual casinos. Other than a significant decrease in those playing the national lottery, every other form of gambling has seen a steady rise on the figures of 1999.

On the face of things this is not something to be too concerned about. In comparison to other countries around the globe the UK ranks amongst the likes of Canada and New Zealand, with gambling levels far lower than in the USA. It is also good news for the tax man, who made a staggering £2 Billion from gambling last year alone.

This probe was announced by Gordon Brown as a way in which the government could assess its plan of regenerating deprived and run-down areas with the introduction of super casinos, with the first to have been built in Manchester later this year. However, with the conclusion of this study and the findings which do show increased popularity for non-lottery based gambling, the government have decided against their super casino plans.

One spokesman for the Prime Minister went on record saying “While the report shows that problem gambling still only affects a small minority of people, it does remain a serious issue and something that has to be addressed. The prime minister said in July that the issue relating to a super-casino is whether or not this is the best way of meeting our regeneration objectives.”

The in depth findings of this report are due to be published very shortly and I am sure that the gaming industry, as well as other keen industry experts, will indeed be very interested in reviewing the conclusions of the gambling commission.

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How To Avoid Online Casino Gambling Risks And Play It Safe

Online casino gambling is handier than gaming at the land-based casino. However it is also more dangerous. Rather than the usual risks which found while gaming, there’s some risk of scams and fraud at web-based casino sites. These scams are really normal. The web is the simple target for all types of dishonest peoples and scammers, and few of them target only those who play on the internet.

So before you play at a web-based casino web site, there are few things you have to check. First of all check whether the online gambling site is legit. Beware of dishonest people because they could copy the template of legit gambling site to build their sites appear just like the genuine one. Check the web site that you’re on whether it is actually what you think of.

To avoid going to the unreal casinos, you have to discover the online gambling through the reliable company, like the Interactive gambling commission. When somebody invites you to the internet-based gambling which you aren’t familiar, then without investigating the site don’t make any deposits. If the web site is the illegitimate one rather than the legal casino, they may eat up your money before you understand what is happening.

Do research for members at internet gambling companies. Majority of the dishonest people don’t bother to try signing up these companies. They generally change their name of their web site more often to avoid getting captured.

There is another risk which you must be aware of while gaming on the internet is the danger of getting hooked or addicted to casinos. Naturally, this risk is there in any type of casino, whether you play online or offline. You should not view gambling as a technique to get some extra bucks. It’s only a kind of entertainment. If you gain some bucks, that is good. But you should view that as the bonus, not as the major reason for gambling.

If you consider the online casino gambling as a way to live, then you sure will be hooked. Be sure not to spend a lot of bucks on betting than you may spend to lose. If you feel sorrow spending your bucks when it is lost, then you should not spend it to gamble.

While gambling you should limit the risk by setting limits for spending your money before you gamble. Don’t forget to set the time limit too. Decide how much bucks you are going to spend for gambling and how long need to play, and then stick with this limits. You may face some problems while gambling if you find yourself sinking into bucks that you should not be spending or spending all of your free time at the online casino gambling web sites.

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Experience Safe and Fun Online Gambling

Newcomers to the online gambling world usually start their gaming careers with many questions. Which gambling games can I find online? How do I open an account and how will I receive my winnings? These are important points to consider when you’re setting yourself up for gambling online. However, one question seems to take precedence with most players and that is how one finds the safest online casinos to play at.

The internet gambling industry was first developed in the late 1990′s. Because it was a new market, there were few regulatory bodies or organizations that protected players from unscrupulous gambling firms. As a result, many fly by night gaming sites were established. These offered little security or guarantee that players could expect to receive their winnings in a timely and professional manner. Unfortunately, some internet gaming fans lost money at these sites.

However, thanks to the rapid development of the industry and the demand for safe and secure gaming, it is far more difficult to play at a questionable site today than it is to play at a reputable one. Most internet casino firms pride themselves on their professionalism and work hard to provide a stress-free environment for their valued customers.

So how do you know you’re playing at a casino online that is 100 percent safe, secure and trustworthy? The first thing to do is ensure the casino is licensed. Before you create an account to sign for online casino games, check the site’s licensing information. This should be prominently displayed on its website. You will find that some licenses are awarded by governments, such as the British Government and the Government of Antigua. Other licenses are from recognized state authorities such as the Kahnawake Gambling Commission.

You can also make sure you give yourself the best possible protection by only playing at sites that are eCOGRA members. eCOGRA is the online gaming industry’s top watchdog organization and upholds the values of fair play, security and honesty that its member sites are associated with. Check your online casino to see if it sports the eCOGRA Seal of Approval. If your casino has this seal, you can rest assured you’re in good hands. To become a member, online casino firms must meet strict criteria set out by eCOGRA and submit to regular third party auditing to ensure fairness.

eCOGRA also offers a player dispute service, so you can be assured of its professional support if any issues arise at your site. A liaison service will listen to your issues and work to resolve them with your online casino. eCOGRA packs a powerful punch in the industry and resolves most of the disputes it involves itself with. This offers valuable peace of mind to many online casino players, especially if you’re new and about to try online gambling for the first time.

So if your site is fully licensed and an eCOGRA member, you’re ready to get started. Simply download your online casino software and get ready for a fun, secure and worry-free gaming experience.

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How Internet Gambling Became a Multi-Billion Dollar Industry

Online wagering only began in the 1990s, but it didn’t take long for it to become a multi-million dollar business. The catalyst for the explosion in online gaming came in 1994, when the government of Antigua Barbuda, an island nation in the Caribbean, passed a law allowing online casinos to operate from their country.

Naturally, many people saw this as a huge opportunity, and two of them, Andrew and Mark Rivkin, formed a company called Cryptologic to write software enabling safe handling of finances in online gambling with till-then unequalled encryption practices. Another big company was formed in 1994 too: Microgaming.

Cryptologic and Microgaming were the two leading companies as afar as gaming technology. Cryptologic was first to make a fully operational gaming platform with electronic money account management. By the end of 1996, InterCasino was up and operational on the web – one of the very first online casinos. It wasn’t long before online casinos were a multi-million dollar industry. Not long after that it stepped up to being a multi-billion dollar industry.

In 1997, Microgaming released Cash Splash, the first online progressive slots game. At this time, players from the US were a large chunk of the online betting population, and this fact drew the attention of Senator John Kyl (R-AZ), who started drafting various legislative bills to stop people from gambling online. The first of these, the Internet Gambling Prohibition Act, did not pass, and Americans continued their love affair with online
betting.

Other world players coming on board the internet casino train during the late 1990s included Argentina, and UK territories Gibralter and Isle of Man, which began online sports betting sites. By 2001, the British Channel Islands legalized online betting, and later that year, there was a push to legalize internet wagering in the UK as a whole.

In 2005, the UK Gambling Act was approved, and it was a boon for the internet casino industry. The law created the UK Gambling Commission to oversee all enforcement of regulations in licensing online gaming sites, preventing underage gambling and ensuring software fairness accreditation and reporting of monthly payout percentages. The Commission also investigates and prosecutes illegal gambling and basically is a very comprehensive online wagering regulatory agency. The UK’s internet wagering oversight is now considered a model for other countries that want to regulate online gambling.

In October 2006, US legislators tried to legislate an end to betting online by American citizens with the Unlawful Internet Gambling Enforcement Act. Then-Senate Majority Leader Bill Frist (R-TN), attached the bill to a “must-pass” bill on Port Security aimed at combating global terrorism, claiming that online wagering proceeds were used by offshore companies to fund terrorism. But just before enforcement of this act was to go into place, new legislation was written allowing US citizens to participate in online gaming. Though it has passed from committee, there is no guess as to when or if it will be passed by the House and Senate. That means that currently, US online gamblers exist in a gray area of the law, though public sentiment is growing behind full legalization of online gambling in the US.

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What You Should Watch Out For With Slot Machine Gambling

The 2005 Gambling Act brought all British slot machine gambling under the rules and regulations of the new Gambling Commission. This act allowed gaming companies to advertise on radio and TV, as well as the possibility of getting bigger payouts on slot machines.

However, those who oppose it felt that it would cause an increase in gambling addictions. The Sports minister countered that sentiment by stating the new laws would actually gives the casinos more control.

Is there cause for concern that more lenient laws regarding slot games could cause an increase in the number of betting addictions? The Norwegian government would probably say yes, as thousands of Norwegian’s have become addicted to playing the slot games; turning one of the most law-abiding countries into a country riddled with citizens who have gambling addictions. It is so bad that the government wants to cut the number of machines from the current 18,000 to just a few thousand, with restrictions on access.

At one time, the major addictions included alcohol, tobacco and drugs. Today, however, there is another addiction that is growing faster than ever in the United States and that is a gambling, including slot machine gambling. Experts say that while adult pathological gamblers are a big problem, it is the teenagers who are falling victim to the allure of winning big money.

If they have jobs, then they will spend every bit of cash they have on betting, then they will turn to begging for money from family. If that doesn’t work, then they will begin stealing whatever they can to feed their habit.

Studies show that on average, a gambler will lose all of their money and then will use credit to continue to play slot machines or other games. They will get over their heads in debt, anywhere from $40,000 to $90,000, before they will even think about getting any type of help for their addiction.

Many will use bankruptcy as a form of relief and many others who cannot find a solution will commit suicide. Legalized gambling is one of the fastest growing industries today, enabling the gaming industry to make a lot of money.

Many people believe that slot machine gambling, video poker machines, video slot machines, or any other type of betting will not cause addictions, yet they do. This type of addiction is considered compulsive gambling and also a mental disorder, known as impulse control. Experts believe this has become more of a problem because access to betting is much easier than it used to be, considering the increase of online games and with so many more legalized gambling establishments opening up.

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