Gambling Facts – It’s More Than Numbers

If you are one who thinks gambling is a new activity that blossomed in Las Vegas in the 20th century, you may need to brush up on your gambling facts. To get a good idea of how large the gambling story is, try going back a couple of thousand years. You’ll see that games based on chance and the roll of dice have been always been a part of human history.

Logical Online Gambling Strategies – New Ideas - Mad Batter Food

Not only did the Chinese and other populations enjoy gambling and games of chance, many Native American groups engaged in such activities long before the modern casino ufabet. Add to this the varieties of gambling carried around the world by European explorers and you have a global phenomenon of challenge and excitement. Here’s a starter fact – lotteries have even been used to raise funds for public construction projects.

o If you see 100 people on the street in a day, it’s a pretty safe bet that about 65 of them have placed a bet or made a wager in the past year.

o By many counts, profits in gambling casinos worldwide amount to $30 billion annually. Various studies report that Native American reservations host nearly 300 casinos.

History of gambling facts: The state of Nevada legalized gambling in 1931. New Jersey was the second state to make gambling legal (1976). South Dakota and Iowa followed in 1989.

o While casinos have operated in Nevada since the 1940s, the state created its Gaming Commission in 1959.

One myth that seems reluctant to die is that online gambling is not fair to players, because of casino control, less-than-random numbers and so on. Essentially, this is false. Safe-gaming software, eCommerce Online Regulation and Assurance (eCOGRA) and various licensing countries have eliminated much of the insecurity and unfair play. The myth may soon turn into one of the many Internet gambling facts.

o Casino style games are by far the most popular activity online, outnumbering sports betting 2 to 1. Lotteries and pari-mutuel betting are far down the list in percentage of online gambling activity, as are real-time online poker rooms.

o The Interstate Wire Act, passed in 1961, is a federal law that had the goal of reducing gambling activity. The law states that it is illegal in the United States to use wire communication (such as telephone) to place bets or share gambling information.

Interesting Gambling Facts: Sixty percent of online gamblers use English as their primary language. Second in line is Russian. Germany takes up position number three, according to a survey by Inland Entertainment Corporation. As for age, the numbers are close, but those between 26 and 34 play a bit more than others. One out of every five players is over the age of 45.

This is part 1 of a multipart series of articles regarding proposed anti-gambling legislation. In this article I discuss the proposed legislation, what the politicians say it does, some facts about the current state of online gambling, and what the bills really propose.

The legislators are trying to protect us from something, or are they? The whole thing seems a little confusing to say the least.

The House, and the Senate, are once again considering the issue of “Online Gambling”. Bills have been submitted by Congressmen Goodlatte and Leach, and also by Senator Kyl.

The bill being put forward by Rep. Goodlatte has the stated intention of updating the Wire Act to outlaw all forms of online gambling, to make it illegal for a gambling business to accept credit and electronic transfers, and to force ISPs and Common Carriers to block access to gambling related sites at the request of law enforcement.

Just as does Rep. Goodlatte, Sen. Kyl, in his bill, Prohibition on Funding of Unlawful Internet Gambling, makes it illegal for gambling businesses to accept credit cards, electronic transfers, checks and other forms of payment, but his bill does not address the placement of bets.

The bill submitted by Rep. Leach, The Unlawful Internet Gambling Enforcement Act, is basically a copy of the bill submitted by Sen. Kyl. It focuses on preventing gambling businesses from accepting credit cards, electronic transfers, checks, and other payments, and like the Kyl bill makes no changes to what is currently legal.

According to Rep. Goodlatte “While gambling is currently illegal in the United States unless regulated by the states, the development of the Internet has made gambling easily accessible. It is common for illegal gambling businesses to operate freely until law enforcement finds and stops them.”

In fact, American courts have determined that the Wire Act makes only Sports Betting illegal, and even then only across telephone lines. Very few states have laws that make online gambling illegal, some states and Tribes have taken steps to legalize online gambling, and even the Federal government recognizes some forms of online gambling as being legal.

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