No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
German publication examines online gambling
Written 5.22.11 :
The German publication Deutsche Welle took a look at the online gambling phenomenon in Germany over the weekend, commenting that although it is technically illegal to gamble online, German punters are rarely prosecuted and the pastime has a massive following.
The article quotes respected German lawyer and internet gambling expert Wulf Hambach, who says: "On paper, it's illegal to play for money - that goes back to a treaty enacted in 2008, which stipulates a total ban on online gambling: lotteries, sports betting and online poker as well."
in researching the industry, the author of the piece came to the conclusion that internet gambling is a huge international industry, with the European Commission estimating its burgeoning growth to annual revenues of around Euro 8.3 billion three years ago.
The Betting Research Unit at Nottingham School of Business told Deutsche Welle that in the UK, which has an enlightened but strictly regulated online gambling industry, the government reaps some GBP250 million a year in taxes through a fifteen percent tax on operators.
In contrast, the German government has missed out on significant tax revenues by taking a prohibitionary stance on internet gambling.
"Operators, many of whom are based outside the country, don't pay taxes to a government that has forbidden their games. And when it comes to taxing the players, there's a conflict between the legislature's definition of poker as a game of chance and the tax authority's interest in collecting revenue from online gaming," says Hambach.
"Most players don't pay taxes because in Germany poker is considered a game of chance, and winnings from such games are tax-free."
The author observes that the fact that it's possible to consistently earn a profit from online poker would seem to suggest that it's more than a simple game of chance, like slot machines or roulette.
"In a small number of hands, I could probably beat the poker world champion," said Vaughan Williams of the Nottingham School of Business. "But the more hands you play, the less it's about chance, the more about skill."
Germany's current treaty governing online gambling expires in 2012. At that time, the 16 states may revise the legal status of online gambling. But in the meantime, the risks of prosecution to online players are relatively low.
"If it were a crime, you'd have to put about 5 million people in jail. That wouldn't be a politically popular move," says Hambach.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
William Hill Chairman Not Stepping Down -
There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.
Canadian Lottery Looking at Online Gambling -
The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.
Red Riding Hood Online Slot Launched -
The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.
Super Heroes Slot Launches -
When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.
Playngo in Deal With Betclic Everest Group -
Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.
2016 Italian Poker Tour main event in Malta -
After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.
Betradar in Deal with OPAP -
Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.
2016 888poker Make It Big Tournament -
A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.