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Facebook’s main man, founder and CEO Mark Zuckerberg, announced on his profile that his social network passed one billion users. That means about every 7th person on this planet has a Facebook account.
Industry experts were quick to add that out of this one billion profiles a considerable amount is either fake or inactive. No-one can exactly tell what percentage of these profiles is useless, and of course Facebook would be stupid to admit big numbers. But still, a billion is a billion.
Mark Zuckerberg was very proud and praised his and his company’s role in bringing together the upper seventh part of the planet. Gambling industry is keen to know how social networks could be used for gaming.
There are numerous black jack applications on Facebook, some of them boasting as many as 60 thousand users per month. But all of these applications either use Facebook credits, or their own virtual currencies, such as Gold or simply Cash.
Although there are some exchange sites on the internet, where virtual money can be traded for cash, there is little connection yet between deposits in the real and the virtual world.
No matter how good your card game strategy is, what you’ll end up with is maybe a bit of fancy graphics and add-ons to your virtual game, and some envy from your Facebook friends.
In the last weeks, Facebook tried to cheer up the stock market and raise its abysmal share price by saying it is considering the introduction of real-money wagering. If the US and local legislations also allow the transformation, Facebook has a chance to become the world’s biggest online casino.
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It was announced this week that the Hippodrome Casino has secured deals with top-rated online poker room, PokerStars, as well as the Isle of Man-based online casino software developer, Microgaming.
The deals will mean that the Hippodrome Casino will have an online presence which is second to none, while bringing top poker entertainment to players' in the casino's various poker rooms.
PokerStars and Hippodrome Casino Seal Deal
According to the deal signed between the Hippodrome Casino and PokerStars, the latter will enhance the casino's live poker room by refurbishing and rebranding the poker deck, in a bid to create the first PokerStars poker room in the United Kingdom. PokerStars has made a small investment in the new casino.
Read More: Hippodrome Casino Signs PokerStars-Microgaming Deals - GamblingKingz-com
The Live Casino Hold’em game joins Evolution’s core live roulette, blackjack and baccarat games, all of which can be streamed from Evolution’s studios or from a live studio created in an operator’s land-based casino.
Evolution’s new mobile gaming for iPad solutions, meanwhile, enable players to enjoy live dealer online casino games not only on their PCs and laptops but now on the world’s favourite tablet computer, the iPad.
Live Casino Hold’em and Mobile Live Roulette for iPad are both available now, with Mobile Live Blackjack set for release in November and Mobile Live Baccarat in January.
Evolution product director Fredrik Bjurle said: “Our mobile gaming solutions extend the gaming floor in so many ways. Most obviously, the iPad is a uniquely personal and portable device, so naturally our licensees’ customers will enjoy greater freedom to play world-class live casino games – either embedded as an app or as a direct-launch in the browser.
“At the same time our iPad solutions have been developed with multi-channel deployment in mind. For example, our mobile platform can form the basis of intra-resort mobile gaming deployment, enabling visitors to play in leisure areas, by the pool and in their hotel rooms.”
New products from Evolution | News | i-Gaming | InterGame
Slot machines may be replaced by iPads, table games will be electronic, you will be able to play from your room, and online gaming will be everywhere.
This isn't a negative for gaming companies. In fact, it creates a huge opportunity and it may open up gaming to a new breed of consumer.
Read More: Casino Companies Are In For an Overhaul - DailyFinance
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For many years there has been a dispute between the ownership of Gibraltar that lies on the Iberian coast connected to Spain by a small passage of land which resulted in a complete closure of the border a few decades ago.
Spain is in crisis at the moment though a combination of mass corruption from the top down, general laziness of the Spanish population and the recent collapse of the boom fed real estate industry so they are trying to steal it back from the UK.
Spain keeps very quiet about the two outposts they have in Ceuta and Melilla on the North African coast but are very vocal in making a point that they should have Gibraltar back from the UK.
If Spain could take back Gibraltar from the English it could solve a lot of problems in helping restart the Spanish economy for a while, before Gibraltar was made financially bankrupt in same way Spain is.
Delays of up to 7 hours at the border are happening, such as today when I went to Morrisons to buy some pies and cake at midday but was held up by a large border que round the rock due to the passport control and customs going on a go slow.
Editors note: How you can tell when the Spanish are on a go slow just baffles me.
An Online Casino employee (who wishes to remain anonymous) who works in Gibraltar but resides in Spain told Rouletters ` Yeah its a pain in the butt and its really starting to affect things`.
There is drinking water available from a water bowser at the border crossing and there are medics on hand to help deal with the problems caused by the Spanish bullying, with people coming round to check on the cars while they hand out propaganda leaflets.
Online Casino Industry in Gibraltar Hit By Spanish Border Problems || Roulette News – Online Roulette and Online Gambling News
Spain's casinos have seen revenue fall 40 percent since 2007, hit by a prolonged economic crisis that has put the country at the centre of the European debt crisis.
On top of high taxes, a 2011 smoking ban threatened to be the final blow to the struggling sector. Ironically, the arrival of a big competitor may help.
U.S. casino baron Sheldon Adelson aims to build a 15-billion-euro ($19.45 billion) resort with six casinos and a dozen hotels and to lure gamblers from across Europe - but his plan may hinge on changes to tax rates and smoking regulations.
Spanish media have reported that the government is considering tax breaks and some exemptions from smoking rules in order to bring tens of thousands of jobs to a country where one in four workers is unemployed.
If the reports are true, local casinos are ready to welcome Adelson's Las Vegas Sands.
"It's good news for the sector because these types of casinos use a high-investment, low-tax model to function. No one would invest this amount of money ... under the current tax regime," said Heliodoro Giner, secretary general of the Spanish Casino Association.
The hope is that any regulatory changes in Madrid would expand to other regions, where traditional casinos have also been hit this year by the legalisation of online gambling as the government chases new sources of tax income.
RULES OF THE GAME
The tax on gambling differs in each of Spain's 17 autonomous regions, with an average rate of 55 percent of gross revenues plus traditional corporate tax.
This leaves slim margins, according to sector players, who say even loss-making casinos are obliged to pay taxes - with some 75 percent of Spain's casinos in that situation.
When Madrid and Barcelona were competing for the Eurovegas project, the capital's regional president at the time said she was willing to modify laws to facilitate the project.
Provincial casinos hope that will spark a chain reaction beyond the capital.
"Madrid will announce a much lower tax rate and we'll see what happens in neighbouring regions. It doesn't make sense that a casino pays 10 percent in Madrid and 55 percent in Valencia. This is a great chance to boost the sector," Giner said.
However, any moves by the regions to ease taxes may be opposed by the central government as Prime Minister Mariano Rajoy - who is weighing when to seek a euro zone bailout - is under intense EU pressure to raise revenues and meet budget targets.
Lifting the smoking ban - which applies to all indoor public places - may also face opposition from the health ministry.
The Spanish Casino Association said between 15 percent and 18 percent of the gaming sector's revenue declines is due to the anti-smoking rules. "Gamblers are smokers," one analyst said.
It would not be the first time that Spain has relaxed rules to stimulate jobs and the economy.
During the construction and real estate boom that fuelled what was seen at the time as Spain's miracle growth between 1997 and 2007, residential and commercial complexes popped up along beaches and nature reserves once ruled off-limit.
Rajoy recently re-regulated, passing a new law to protect the coastline after what environmentalist say was a decade of destruction.
FINGERS CROSSED
Legal problems for Las Vegas Sands in the United States have not dampened enthusiasm for the company in Madrid.
Adelson's company is under investigation by U.S. authorities for alleged violation of anti bribery laws in Macau. Adelson has not been accused of any crimes by state or federal investigators.
The Madrid region's new leader, Ignacio Gonzalez, said on Monday Eurovegas was a priority for his administration and for Rajoy.
Given Spain's economic uncertainty, there is a good deal of scepticism as to whether Eurovegas will ever become a reality.
But if it does, Madrid's two main casinos will face a massive new competitor.
They currently pay 45 percent tax and are pushing for a swift reduction that would give them a three or four year window of survival before the mega-resort opens.
"We'd like the cut to take place immediately," said Jose Maria Paredes, spokesman for Casino Gran Madrid.
"If the change comes once it opens, it would be too late."
Spanish casinos bet on rebirth through Eurovegas | Reuters
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The online casino are holding a Witch’s Cauldron Grand Prize Draw in November which will see bonuses and cash prizes of up to $1000 handed out to lucky players.
Intertops customers will be grouped based on how frequently they play, with each group named after an ingredient needed for a lucky spell, including Eye of Newt, Scale of Dragon, Wool of Bat, a secret incantation, and a Witch’s Cauldron.
Three players drawn from each group on 5 November will receive cash prizes, with the three selected from the top Witch’s Cauldron level receiving $1,000 each.
In addition, twice a week between now and 5 November hundreds more players will receive a free bonus of up $250. Intertops’ casino manager said: “I’m guessing over Halloween our spookiest games will be busiest - games like Count Spectacular, Goblin’s Treasure, and Warlock’s Spell.”
Gambling Online Magazine | News | Intertops handing out Halloween cash
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Such directly contradictory political messaging can get confusing. But if the election is all about the economy, then where are the brains behind Nevada’s biggest economic industry placing their bets?
The short answer: all over the place.
The big Las Vegas Strip casinos are putting their political cash behind candidates at every level on the federal ballot, throwing thousands to the presidential candidates, would-be House representatives, and most of all, the two incumbent lawmakers vying for Nevada’s Senate seat.
In this election cycle, the national casino industry is primed to drop more than $50 million on candidates, lobbying and campaign donations, with the bulk of that coming from Sheldon Adelson’s record-breaking soft money donations to PACs backing Republicans, according to contribution totals tallied by lobbying and campaign finance database OpenSecrets combined with newly released filings.
Subtract the $34 million Adelson donated through September and it’s still a pretty healthy sum of money, at least keeping pace with where spending was in 2008, when the industry chalked up $17 million.
For the most part, beyond Adelson, the casinos and their executives are not picking one party over the other, according to contribution totals tallied by OpenSecrets.
In fact, the partisan split in party donations in the 2012 cycle is the closest it has been in a decade, after years where the Democratic Party pulled in measurably more support than Republicans — a reflection of just how close this election is.
“The casinos usually cover both sides of the ticket, just to make sure,” said Mark Peplowski, a political science professor at the College of Southern Nevada. “Whoever wins, they want them to remember: You supported them.”
Strip casinos have their favorites, but they don’t always match up with those of their counterparts in other parts of the country or the rest of their industry.
Read More: Casinos hedge their bets when it comes to political spending - Las Vegas Sun News
The Las Vegas Sun said that some of the area’s moguls were known to be big financiers of their presidential favorites, not least of all owner of the Las Vegas Sands, Sheldon Adelson who probably contributes the highest numbers. In recent years, Adelson has made no secret of his disapproval of the online gambling industry, and his lobbying could affect any hope of the Republicans ever considering a regulation of this industry in the United States. Adelson alone has spent over $34 million lobbying for laws against online gambling to be strengthened.
Nevada is currently seeing a battle for the Senate seat being fought out by Shelley Berkley (Democrat) and her Republican counterpart, the Senator Dean Heller, and one of the main issues concerning supporters and opponents is who has done more to legalize and regulate online poker in the state.
Both politicians receive funding from the casino industry on an equal footing, although in the past, it was more popular to support Democratic candidates.
“The casinos usually cover both sides of the ticket, just to make sure,” noted political analyst Mark Peplowski, speaking to the Las Vegas Sun. “Whoever wins, they want them to remember: You supported them.”
Another industry industry, David Schwartz said about the support of presidential candidates by the gambling industry: “Ever since the federal government stopped trying to close the casinos down in the ‘sixties, I think the casino companies just want somebody in there who’s going to help foster a strong economy… They’re just basically backing who they think is going to be best in that job.”
US Casinos Bet on Presidential Elections
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