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.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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.