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US backflips on web gambling

SHARES in online gambling companies soared yesterday after news that the US’s draconian internet poker laws are to be relaxed.

Party Poker owner Bwin.PartyGaming, up 30 per cent to 239.87 Australian cents, and 888 Holdings, which rose 9 per cent to 60.09 cents, are expected to be the big winners from a Department of Justice (DoJ) opinion that online gambling should be allowed for non-sports bets. This was announced late on Friday and could be followed by federal legislation.

The Gibraltar-based companies were hit by a US clampdown on online gambling under the 2006 Unlawful Internet Gaming Enforcement Act, with PartyGaming accepting a US$105m fine to avoid prosecution for its nine years of stateside operation. The move also led to a number of plea bargains and prosecutions of online gambling executives.

However, it was always unclear whether the legislation and the earlier Wire Act applied to internet gambling outside of sport.

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Breaking News: DOJ Changes stance on online gambling – Via CAP

As consumers prepare for the holidays, the Friday before Christmas brought some great news to the online gambling industry. The United States Department of Justice has drastically changed their stance on online gambling, stating that the federal Wire Act of 1961 only applies to sportsbetting, as opposed to the previous perspective, which included all online gambling activities such as lottery and online poker.

Click here to view the full release from the United States Department of Justice

Many organizations in the online gambling industry applauded to move by the DOJ, claiming that this is a long overdue step to clarifying the confusing laws surrounding the industry.

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Online Gambling on your IPhone or other Mobile Devices

Gambling through your cell phone
Author: Pankaj Gupta

The world is moving so fast that online casino games do not sound enough. Technology has reached at such a stage that you can play at a casino literally whenever you wish to. Though computers have become very common but the popularity of mobiles is more than them. They are more wide spread amongst people. As a result, casino games have reached the mobile phones and give birth to mobile casino games. Whether you are on road or you are sitting in a restaurant, you can just start to gamble without having to carry your laptop around with you.

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Delicious Online Gambling News and Casino Gaming Articles

Get the Latest Online Gambling Industry News and Casino Gaming Articles:

You can now follow Online-Gambling-Newz.Com on our Delicious newsfeed network and receive the very latest gambling news stories as they are posted. This news feed is constantly updated via our dedicated team monitoring the web for the up-to-the-minute stories affecting the international – global online gambling community.

Those especially in the United States should follow us as the online gaming landscape in the U.S. is quickly moving towards regulation and legalization. We are keeping a close eye on those law makers in Washington, many of which who would like to see online gambling regulations put into place in the very near future.

In addition to breaking gambling news stories, we are also watching out for "One Day Only" and other Exclusive Casino Bonus Offers which may not be publicly posted on the web.

By subscribing to our Delicious RSS feed, you will never miss the opportunity for free casino cash!!!

Follow OGN Delicious Newsfeed Here

If you already use Delicious Bookmarks Click here to add us to your network

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Finding Free Online Casino Games and Slots Without the Hassle

Play Over 500 Free Online Slots and Casino Games at OnlineSlots-4Free.Com. Everyone loves to play Free Online Games. Especially those in the Online Gambling Community. So drop on by, kick back, relax and enjoy Over 500 Absolutley Free Casino Games offered at OnlineSlots-4Free.Com.

Check out our latest free games now featuring Free Marvel Online Slots starring your Marvel Comic favorites such as The X-Men Online Video Slots and The Fantastic Four. Also check out “The Real Series Video Slots” by Realtime Gaming – RTG. These slots offer lot’s of opportunities for free spins as well as exciting bonus rounds.

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Poker Sharks Prey on Those Who Tilt – How You Can Avoid It

People love to play a poker bonus freeroll – Even if they lose the hand it doesn’t matter too much, so long as they know when they’re in an awkward spot making bad decisions with marginal hands (which is what most people would have done when they first started learning the game). The problem is that when you’re on tilt, it can be difficult to recognize for quite some time (a few days of play afterward and about half the bankroll sometimes…)

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Who Invented the Game of Poker?

If you mention the history of poker to poker players, you’re bound to open up a debate with many differing opinions. Even the name poker, origins are shrouded in mystery. It’s most likely descended from the French word poque which itself is comes from the German word pochen (to knock), but it’s not very clear if the games bearing those names are the origins of poker. Initially poker was played with just one round of betting. Five cards were dealt face down to each player and there was no drawing of cards. The rules where later tailored by professional gamblers to raise the profitably of the game. Sometime after 1850 it became common practice to have wild cards and bluffing in games and around the same time drawing cards was introduced.

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How to Play Blackjack – Some Tips to Bear in Mind

How to Play Blackjack – Some Tips to Bear in Mind

By Cameron Simpson

Blackjack, as a lot of players know, is a game whose highest winning number totals to ’21′. This is the reason behind why other people call the game twenty-one. But aside from knowing about the highest possible number for the game, there are some tricks that will help you learn how to play blackjack.

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Deal or no deal – a game that can change your life

Deal or no deal – a game that can change your life

Author: Hulio Assif

All it takes is just one lucky spin, and you land up with possession of bumper jackpot which has prize money of more than 200 million pounds. Yes all this is possible when you play the most popular online games of recent times, Deal or no deal. The idea behind this game has been through the inspiration from the popular TV game version which is played in over 50 countries in different names. The online game also has some amazing benefits which can transform your life once and for all. Deal or no deal is played over 20 slots wherein players can use three different coins that can determine the prize money or the jackpot.

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Your Ideal Position on the Blackjack Table

Your Ideal Position on the Blackjack Table  
by Chesh Pattinson

Sitting at the right place in a blackjack table can make a lot difference. So, you should know certain tips to locate that position for every game and observe the table before placing a bet.

Generally, a blackjack table consists of 5 to 7 seats. However, before you start playing the game, it is important that you identify the right position for you. Well, this is an important factor that needs quite a bit of thinking. Sometimes, you will not get the seat of your choice as the table is too full. On the other hand, there are times when you will get an empty table so that you can make your choice.

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Chronicles of a Sports Betting Enthusiast – 002

“Horse Racing & the Triple Crown”

Author: J. Scott Miller

How did I turn $220 into $36,000? I have been betting on horses (Among other things) most of my adult life, which may lead you to believe that I have not grown up yet. The truth hurts, but betting on the Kentucky Derby can be very rewarding to say the least.

What I have had with lately is making combo bets in the Derby. I will take the top two favorites and bet them in exacta, trifecta and superfecta wagers.

What is an “Exacta?” An exacta bet is when you place and win a bet on the first and second place finishers. Obviously, the higher the odds of the horses, the higher the payout. A “trifecta” is when you choose the first, second and third place finishers in correct order. And the grand-daddy is the “superfecta,” which is choosing the first, second, third and fourth horses in correct order.

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Chronicles of a Sports Betting Enthusiast – 001

“Getting to know Sports Wagering”

Author: J. Scott Miller

I have been betting on sports most of my adult life. I have seen “The good, the bad and the VERY ugly,” when it comes to betting on sports. Unless you are a professional gambler (Very few of those), and I will bet you are not, then you need to admit to yourself that you bet on sports for the “fun of it.” I am not suggesting that you are betting for the fun of losing, but merely saying that you are betting to win on occasion. So if you want to bet on sports to win more frequently, then listen up.

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