The Good News and Bad News in Online Gambling
Posted December 1, 2008 – 6:31 am in: Online GamblingOnline gambling will always have its own share of ups and downs. Some countries may consider them unlawful, while others welcome it. There will be some people who get to explore it without question, while others may be put in jail because of it.
Good News for the Americans
It’s just recently that U.S. players are no longer allowed to play online games. If they want to, they have to do so at their own risk. This is so after the Treasury Department approved of the gambling ban, a move to curb the possibility of money laundering and degradation of morality among teenagers. Despite the security features of online casinos, they don’t have the capacity to confirm the real age and other personal information of their members.
Fortunately, there are a number of online casinos that are still opening their doors to U.S. players, especially to those states who are not completely affected by the ban such as Colorado and Florida. One of these is the Slots Oasis, a new gambling site developed by the same people who came up with Rushmore Casinos.
U.S. players can expect not only improved and more exciting table and card games, but they can also look forward to huge bonuses and prizes. The online casino can offer you one of the biggest first-time deposit bonuses ever: you can get as much as $4,000. What’s more, there are no criteria as to what kind of U.S. player can register into their website.
The software that it’s based on is made by Real Time Gaming. The online casino also boasts of its simple and convenient withdrawal and payment options. It also has an excellent customer support representatives who were trained for half a year to handle different kinds of issues and questions.
Bad News for Hong Kong
One of the most influential and richest men in online gambling in Hong Kong has just been found guilty. He is set to render more than 5 years in prison and will have to pay almost 3 million dollars.
Tam Chi-wai used to operate different types of online casinos for many years. He started his gambling house sometime in 1999 in Myanmar, which he was able to develop into an online network for betting. He kept his servers in two provinces in China. The gambling network also provided a lot of jobs, where employees will either have to maintain the online casinos or they will have to manage the different bank accounts of the network.
Their online casinos were very popular that they can attract thousands of users for a span of less than a year. The only problem is that China has actually banned online gambling or any form of such in their country. No one is allowed to set up a gambling house. Because of this defiance, it landed Tam right into jail. There is no news, though, if his accomplices will also be facing similar penalties or whether employees will also be charged of the same crime or smaller charges.
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