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Standing Up For Online Gambling

Kudos to Simon Collins, a director of the online gambling company Cashcade, who this week did something constructive on perceptions of the industry in an op-ed article for The Independent newspaper in the UK.
 
In the piece, Collins pays tribute to the online gambling regulatory framework set up by the UK government, which he says many other countries now seek to emulate.
 
"The online gambling industry has no shortage of detractors," Collins writes. "If you believe the press, our davincis goldfledgling sector is responsible for almost everything wrong in the UK. From marital breakdown and money laundering, to addiction and moral bankruptcy.
 
"Not surprisingly, the reality is very different. The UK market is, in fact, the most tightly and effectively regulated in the world. The Gambling Act of 2005, overseen by the draconian Gambling Commission, has ensured that only responsible, professional companies are able to operate.
 
"Just compare this to the US, where a prohibition-style offensive on all online gambling has forced American citizens into the arms of "illegal" operators. These operators may well be nice guys running perfectly reasonable odds and fair games. However, the US Department of Justice views any company taking US play as criminal," he writes.
 
Collins goes on to opine that at least partly as a result of New Labour's progressive regulation, Britain has become the world centre of a thriving, technologically advanced, twenty-first century business.
 
"Over the past few years, our industry has created plenty of opportunity for individuals and businesses on these shores. For instance, online bingo companies, just one part of the overall industry, spent over GBP 7 million on UK TV advertising in 2008, according to Nielsen Media Research. Or take the many online moderators we employ at Cashcade to help ensure standards of behaviour in our big games, Foxy Bingo, Getminted and Cheeky Bingo. Many of whom are working part-time and enjoy having a flexible, web-based job," he continues.
 
Collins is not entirely complimentary - he is critical of the 15 percent online gambling tax introduced by the British government, which he says has led to fewer funds arriving in the Treasury’s coffers, because most of the industry moved to nearby countries such as Malta.
 
"The Internet has thrown up complex difficulties in almost every walk of business, not least the gambling industry," Collins writes. "But the UK Government was the first to tackle these issues head on. And now the rest of the world is following its lead. Spain, Italy, France and even President Obama all seem to be preparing regulation designed to entice online gambling operators to their countries.
 
"So for once let's be pleased we were the first to get something right here in the UK," he concludes.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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