Mood:  hug me

Ok I am back with another intriguing discussion on offshore gambling and it’s particulars. In this article I want to talk more about how huge this industry has grown as well how offshore gambling companies bypass the standard laws for various countries.

One of the best things I can think of about operating an offshore gambling casino if you have an Internet connection for instance you are in business as where you are in the world does not matter then. To make things more confusing for countries to penalize a company because of tax laws, online casinos gather bits and pieces from many different locations around the world. This business strategy has proved to be very successful as for example if an offshore gambling casino decided to obtain a license from one country, then host the website of his online casino on another server in another country and then advertise for customers to another country. This method, which is completely legal in all regards, just shows how ridiculous it would be for a government to try and control all offshore gambling events.

To give you an idea how big this industry has come, no one knows for sure but the total worth estimate is around the three hundred billion mark and growing. This is a huge figure considering that only in 2000, the figure was closer to one hundred million mark.

And because more and more people are playing online casinos each year, offshore gambling companies are ever expanding their empires further looking into grey areas of that particulars countries tax laws. Just recently the US government had installed a ban for all online casino gambling websites to advertise on the Internet, on television and in books or magazines. This new strategy employed by the government did put a damper on things for few months but offshore gambling centers countered back by displaying the educational benefits of playing with pretend money with that specific casino totally leaving judgment in the offshore gambling players hands to find the real play money site within.

Well with that in mind the cautious online player still has to be on the look out for shady offshore gambling outfits. How does one do that? To start we can thank the many websites that their sole purpose in life is to seek , locate and post on their sites the blacklisted casinos for various reasons but mainly for not paying customer winnings or not legit at all. As I have mentioned before I cannot stress enough to take some time first and look into the casino of choice and make sure you are dealing with a reputable offshore gambling casino only.

To be continued....

Posted by offshoregambling at 2:21 PM EDT

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Mood:  celebratory

Ok we are back with our discussion on offshore gambling……..

In the previous post I touched on some basics pertaining to Internet gambling and some key points on how to find a great offshore gambling casino. In this article I will talk more about how online gambling came to be and where the future lies for this industry.

One of first known countries to capitalize with offshore gambling was the Caribbean country of Antigua and Barbuda in the early 1990’s. The Antiguan government legalized online gambling and this resulted with millions of Americans betting overseas creating such a ruckus with the US government with trying to make Internet gambling illegal. The US government has put so many secure tax restrictions on declared winnings and losses with casinos that it is not some revelation that makes online gambling retailers operate overseas. When a casino operates offshore, laws for that particular state or even country no longer apply and the business can now run their online games as they see fit.

The only way that I can see offshore gambling failing is if the all countries join together under some magical law and cancel the Internet and computers all together. The chances of that happening are not very likely to say the least. On the other hand without the Internet offshore gambling would be history as it serves as the catalysts for all it has to offer. The typical online gamer is provided with vast options on an unmatched scale. Conventional casinos force the player to be at a certain location in order to gamble, with online or offshore gambling you have an endless array to chose from, like playing from the comfort of your own home or friends house, to playing on your cell phone while waiting to board at the airport, basically the offshore gambler can play anywhere in the world. And the best part of the whole offshore gambling experience is that a really eager person can still find a decent casino online that offers really fun and entertaining games as well here it comes, as an American still be accepted to play in that casino. How great is that!

Posted by offshoregambling at 10:33 AM EDT

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Mood:  energetic

Well to begin this discussion let me open up and say that no matter what you have heard, offshore gambling is going strong and will continue to do so. This issue will be debated, chewed up and perhaps new laws revised for years to come on whether online gambling is illegal or not. The simple fact of the matter still remains that about 75% of worldwide offshore gambling audience is credited to Americans meaning that at this writing no regulations are being strictly enforced.

For the past few years there has been many overnight internet casinos that get the website owners rich and then leaving you with no money to be had on earnings won, not so much anymore a thing of the past now. This is something you no doubt already know if you already enjoy the benefits of internet gambling as a good player is always cautious with their money and will learn and study the adversary first before continuing. That’s why I cannot stress enough to learn about the casino you plan on investing in first as still to this day there is only a handful or so of casinos online that can really call themselves offshore gambling centers.

The key to dealing with offshore gambling outfits is to find a reputable online casino with a proven history of paying and a huge client list showing long-term commitment. Though it is true that online betting is not legal in some countries, many companies have adapted to this by bringing their games offshore to countries that are more encouraging to this style of play. What happened here was a lot of these offshore gambling companies would not let US based players join their online casino anymore and from there it was like a domino effect as most other internet gambling companies followed suit, no pun intended, somewhat scared there could be some illegal ties to that country because of their laws so proprietors abandoned the whole idea.

How did offshore gambling all start, you may ask? The efforts of American land based casinos along with the government to fight vigorously to keep more money in their pockets by keeping online gambling illegal was only going to last so long. In November 2002, the United States Court of Appeals for the Fifth Circuit judged that the 1961 Federal Wire Act does not prohibit Internet gambling on a game of chance. And with that ruling and the emergence of the Internet in recent years has made the offshore gambling community explode exponentially. With the enormous opportunities and life-like atmospheres that Internet gambling gives, you can understand how it’s become so trendy.

To be continued……..

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Posted by offshoregambling at 5:54 PM EDT

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