Offshore gambling is only possible because of the Internet, which provides unprecedented opportunities for gamblers, and is where the big money in sports gambling goes today. Offshore gambling is the way of betting for many sports fans all over the world nowadays. Many gamblers have come across the term “Offshore Gambling”, but are not entirely sure what it means. A casino that deals with offshore gambling is one that basically operates outside the jurisdiction of a given country or it can be an online casino that has its servers in a country where online gambling is not prohibited. In short, then, it is a casino that operates outside the country of the player.
This form of gambling provides an easy and fun way to play all the games normally found at a land-based casino, but without the hassle of making the pilgrimage to Las Vegas. Online Vegas casinos are very safe, in that personal details are not required to be sent out and the payouts and odds are just as equal and fair as in a regular Vegas style casino. Offshore gambling makes it a win-win situation.
Online vegas casinos are regulated by three organizations. These are OSGA,The Offshore Gaming Association, The IGC, Interactive Gaming Council, and the Fidelity Trust Gaming Association or FTGA, which is a smaller IGC in effect, in that it charges lower membership fees.
Offshore Gambling and OSGA is an independent “watchdog” agency that monitors the Off Shore Sports Gaming Industry in an effort to provide the public an avenue to find reputable companies to wager with. It aims to protect the rights of consumers and they charge no membership fees.
The agency is a professional non-biased third party organization that gives objective opinions, based on a players feedback, independent research, phone calls, tips and inside news.
For OSGA they resolved to keeping the philosophy that there are safe places for sports gambling. Because of the climate in the industry today people need to have additional information on offshore sportsbooks and online casinos from an outside source.
IGC and Offshore Gambling and the IGC, a not-for-profit organization, was founded in 1996 in the US, relocating to Vancouver, Canada, incorporating there in March 2000. The organization was established to provide a forum for interested parties to address issues and advance common interests in the global interactive gaming industry, to establish fair and responsible trade guidelines and practices that enhance consumer confidence in interactive gaming products and services, and to serve as the industry’s public policy advocate and information clearinghouse. The IGC does what it has set out to do, and more.
IGC membership has increased significantly since being founded, drawing more and more attention from noteworthy industry groups to complement existing leading industry players. They have members from the U.S., the U.K., South Africa, Israel, Canada, the Caribbean, Australia, Denmark and Sweden, to mention a few. The IGC has built a reputation for reliability, integrity and credibility through its high standards, and appeal to legitimate businesses. Affiliation with their association ensures that you have a trusted organization fighting for the promotion and enhancement of our industry, fighting for players when they need it and most importantly with a collective voice.
The IGC regulates offshore gambling by utilizing a special 10-point code of Conduct and charges casinos a fee to display their logo. Unhappy players can also report their disputes to the IGC.
The FTGA was formed in an effort to set a standard for online gaming operations. The agency believe that by conducting business with only reputable companies, they can form an alliance of the most fair and professional offshore gaming operations worldwide. To be sure that the companies they support are reputable FTGA do comprehensive background checks on not only the company but the individuals behind the company. According to them, they form a close relationship with their members and monitor their business practices frequently.
With the boom of the internet over the last few years, everything seems to have translated into an online version and offshore gambling has been no different. There are organizations that govern the fairness of online gambling which should serve to alleviate any fears of insecurity by skeptics. It eliminates the traveling costs, but still keeps the basic essence of a Vegas casino, but only now, in a players very own home.
Offshore gambling has become part of the way of life, whether it is betting on sports, poker, horse racing or casino games, offshore gambling is growing more every single day and what has happened over the last decade is that betting offshore has gone to a new level.
Vice stocks or sin stocks are those stocks of companies whose business activities are traditionally regarded to be sinful or unacceptable in the society. As such gambling stocks, tobacco manufacturers stocks, and alcohol manufacturers stocks fall into this category. Most people like to invest in vice stocks because they consider them to be relatively “recession-proof”; that is, these companies do not experience huge downturns during hard economic times. Here is a description of the vice stocks.
Let’s start with gambling stocks. Currently, the gambling industry has recorded impressive growth, especially due to the evolution of the internet. Several cities around the world now have some form of legalized casino gambling. It is important to note that the gambling industry should not be viewed in the same vice mold as its tobacco and alcohol counterparts. Undeniably, the gambling industry is much more susceptible to economic hardships. In times of recession, most people will keep on feeding the gambling vice, but with strict budget.
The stocks of companies dealing in the manufacture of alcohol constitute another category of vice stocks. Smoking of cigarettes is legalized in many parts of the world. Besides its many negative health effects, the smoking of cigarettes is widely practiced because it is highly addictive in nature. Therefore, they are usually considered to be very resistant to recession.
The other category is the stocks of companies dealing with the production of alcohol. The brewing industry is growing at a fast pace, since many parts of the world lack strict laws to control the rate of consumption of alcohol. In times of economic recession, the consumption of alcohol generally reduces because of hardships that impair consumers’ ability to spend. Just like in cigarettes stocks, alcohol stocks return to their uptrend over the long term. This is because users return quickly to their vices when the hard economic times are over.
The other strongly emerging category of vice stocks is the lust industry. This industry has been thriving because of the spread of pornographic content through the internet. And, entry into this industry has relatively fewer restrictions. Nonetheless, this does not mean it is an easier market to penetrate.
In conclusion, it is of essence to point that vice as an industry is heterogeneous when it comes to the economic cycle. The gambling, alcohol, and tobacco industries do not experience massive fluctuations in times of economic hardships when compared to other industries.
In Nov 2010, Ewallet Xpress, one of the biggest processor of gambling transactions for American players suddenly suspended all transactions. The immediate effect was that many customers of Ewallet Xpress found themselves unable to deposit at their favourite casinos and poker sites.
Although no-one has lost their money, not only was this a shock for many US gamblers but also to the casino industry as a whole. Ewallet Xpress was an established payment processor which was accepted at many of the most popular casinos online. For US gamblers in particular, Ewallet Xpress was one of the most popular methods of depositing and withdrawing from online casinos.
Ewallet Xpress Alternatives Gift Cards and Prepaid Debit Cards are one alternative, and many online casinos accept them. Prepaid Mastercards cannot be used for online gaming, but many casinos and poker rooms accept prepaid Visa cards. You can purchase prepaid visa debit cards at many retailers across the USA, or apply for a card online. Some of the most popular cards used for online gambling are Netspend, Greendot and WWW Card.
UsemyWallet UsemyWallet is an ewallet service still available to US gamblers. It is currently invitation only, however you can sign up via any casino, poker room or sportsbook who offer this as a payment method. UsemyWallet also offer the Quicktender debit card which can be used to deposit at online gambling sites.
Gold Pay Gold pay is a new online payment system which is backed by real gold. It allows anyone anywhere in the world to purchase gold and use that gold to purchase goods. Your Gold Pay account can be funded by Moneygram, Western Union and Bankwire, or via independant gold dealers who may accept other deposit methods. You can deposit as little as $50 into your gold pay account.
Moneygram Moneygram is a global money transfer service, which can be used to transfer money to a number of merchants including online casinos, sportsbooks and poker rooms. You can send money via a number of merchants in the USA – including many Wal-mart stores and you can use the online moneygram service. Funds can arrive at your online casino in as little as 10 minutes or up to 3 days depending on the level of service you have chosen. Many online casinos will refund any fees associated with Moneygram
MyPaylinQ Casinos MyPaylinq is a new payment method, which is ideal for US players. It can be funded by a number of sources, including visa, mastercard, moneygram, MyCheq, bank transfer, UKash and Instant Banking. You can apply for an account instantly, just by filling in the online application form.
Home to a dazzling array of casinos, Las Vegas and its neon cityscape provides a fascinating contrast to the hauntingly beautiful landscape of the surrounding Nevada Desert. There is more to Las Vegas than just its casinos however. The best way to experience the many faces of this energetic city is by finding accommodation in the area known as “The Strip” and those looking for a truly memorable stay should consider the Venetian Resort and Casino.
Travellers deciding to stay at this all suite resort will not only be able to enjoy its plush interiors and extensive facilities, but also experience a holiday in Venice…well kind of! Painstakingly designed to replicate the distinctive Venice cityscape, the Venetian Resort Hotel has its own St. Mark’s Square and even a Grand Canal where one can take a romantic gondola ride.
Located along The Strip, the Venetian Resort and Casino Las Vegas is around 4 miles from the McCarran International Airport and provides easy access to such landmarks as Caesars Palace, Wynn Las Vegas and The Bellagio with its enthralling water fountain ballet. The resort stands next to the Sands Expo & Convention Centre making it an ideal choice for business travellers as well.
To truly experience the chaotic circus that is Las Vegas one needs to explore The Strip at night when the city becomes a playground of non-stop revelry and gambling! Those wanting a typical Vegas holiday should make time to visit such attractions on The Strip as the Eiffel Tower at Paris Las Vegas, the MGM Grand Lion Habitat, the Mirage’s erupting volcano, the Sirens Show at Treasure Island and Circus Circus with its live acrobats.
The Venetian Resort Hotel Las Vegas also gives one a chance to experience the heart pounding action of the casino floor without leaving the property! Within the resort’s 120,000 square foot Doge’s Palace Casino, visitors will find a wide range of table games including such favourites as Blackjack, Baccarat, Roulette and Craps. The casino also has countless slot machines, a lavish poker room and a modern race and sports book lounge.
Relaxation is never hard to find at the Venetian Resort and Casino which is home to a five acre pool deck, the Canyon Ranch SpaClub and the Grand Canal Shoppes where a wide array of designer boutiques await! The hotel also plays host to Madame Tussauds Wax Museum and the Guggenheim Hermitage Museum. Guests planning to conduct business have access to nearly 2 million square feet of meeting space which includes the Venetian Macao Convention and Exhibition Centre.
Those looking for some entertainment can either take in the mind-blowing Blue Man Group show or the visually stunning “Phantom – The Las Vegas Spectacular” both of which are staged at the Venetian Resort and Casino Las Vegas. Dining options come in the form of 19 onsite restaurants including Postrio, Bouchon and the Delmonico Steakhouse that are run by such award winning chefs as Wolfgang Puck, Thomas Keller and Emeril Lagasse respectively.
The resort’s nightlife is centred at the massive Tao Entertainment Complex where one can mingle with an eclectic crowd of stylish socialites and A-list celebrities at the trendy Tao Nightclub and Tao Beach area. Also worth checking out are the V Bar and the La Scena Lounge which has live entertainment.
Being an all suite hotel means that guests of the Venetian Resort Las Vegas have the added advantage of staying in some of the most spacious rooms Las Vegas has to offer. Ideal for leisure and business travellers alike, the exclusive Venetian and Venezia suites come with a living room, two 32 inch televisions, a fax / copier / printer and high-speed Internet access (additional cost). For a truly luxurious stay guests can book one of the Venezia Concierge Suites.
A stay at the Venetian Resort and Casino Las Vegas is truly unique as it gives one a chance to enjoy a little bit of the magic of Venice side by side with all the glitz and glamour of a city purpose built for entertainment and having fun!