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Singapore Government Mulls Over Ban on Remote Gambling

Singapore Government Mulls Over Ban on Remote Gambling

Singapore’s government really loves many things that are western on the web gambling might not be certainly one of them, though.

Just like many nations are going towards on line gambling lured by numbers with plenty of zeros and some ideas of economic growth Singapore’s government is considering a move in the contrary direction, weighing up the possibility of a block on remote gambling in the nation that is asian.

No Access

The government is considering preventing access to online gambling websites, taking away the ability to make payments to remote gambling operators, and banning the promotion of online gambling in advertisements throughout the nation in order to block residents from gambling online.

The us government’s potential measures were established at a symposium that is recent casino regulation and criminal activity by the nation’s Second Minister for Home Affairs, S. Iswaran, who explained that the risks that surround remote gambling have grown along side the popularity regarding the pastime itself in Singapore.

‘While such measures may well not be foolproof, they’ll impede access to remote gambling platforms and deliver a clear signal associated with the stance that is regulatory Singapore,’ reported Iswaran. ‘Remote gambling offers us cause for concern [because] it is ubiquitously and easy to get at through the online world and mobile applications, specially with a younger and more tech-savvy generation. Continue reading “Singapore Government Mulls Over Ban on Remote Gambling”

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Macau Gaming Licenses Still Frozen, But Citizens Get Money for Nothing

Macau Gaming Licenses Still Frozen, But Citizens Get Money for Nothing

Macau’s leader Fernando Chui had news/bad that is good in their end-of-year address to the area (Image: MacauBusiness.com)

Want a Macau casino license? Too bad and take it off your holiday wish list; the country’s chief executive has made it clear that no brand new ones will be forthcoming anytime soon.

Fernando Chui Macau’s chief executive told the 2014 assembly that is legislative his annual presentation that nothing will be changing vis-a-vis the special administrative region’s certification for gaming establishments; the current setup of three concessions and three sub-concessions will stay as is, the same manner it has considering that the area first exposed to international casino operators in 2003.

Read My Lips: No New Licenses

This despite the reality that do not only is gaming doing business that is booming the Asian enclave, infrastructure improvements and massive capitalization are making it possible for millions more mainland Chinese tourists to come over and lose their money. Where visa restrictions once limited the quantity of times A chinese nationwide could come over, no restrictions on numbers of visits exist anymore; or at least, they are no longer enforced.

Similarly, although only two American casino companies were expected to be permitted to build on Macau’s Cotai Strip couple of years ago, in reality, three are now into the works: Wynn Resorts, Las Vegas Sands and MGM Reso Continue reading “Macau Gaming Licenses Still Frozen, But Citizens Get Money for Nothing”

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Managing Enjoy Money Social Gambling Web Sites: Could It Be Coming?

Managing Enjoy Money Social Gambling Web Sites: Could It Be Coming?

Should play money media that are social be managed like its real cash siblings? You will find arguments for both sides. (Image supply: Insidesocialgames.com)

The thrill of the casino doesn’t really exist without one key feature: money for most gamblers. The risk that is potential of and thrill of winning cash is what drives most gamblers to play at all. But even though that not a single penny is at stake, online ‘social casinos’ are still incredibly popular. These games allow players to savor blackjack, poker, slots, and a host of other games on Facebook as well as other social news sites for no cost, and millions of players just take component in and enjoy these games every day.

Money On the Dining Table, Or Otherwise Not?

But while the games may look like gambling and feel gambling, the proven fact that there’s no cash at stake on the end result of each spin or roll associated with the dice means that they’re maybe not really gambling. And this means that industry experts believe there is no basis for real-money online gambling regulations to take hold within their field.

‘a casino that is social no more gambling than FarmVille or Candy Crush,’ stated Paul Thelen, CEO of social gaming business Big Fish. Thelen was talking during the GamesBeat 2013 conference as an ingredient of a panel on social gaming, and regulation was the topic that seemed to come up over and over again.

‘The industry is getti Continue reading “Managing Enjoy Money Social Gambling Web Sites: Could It Be Coming?”

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