Friday, 11 November 2011

Gambling revenues soaring in Pennsylvania

Nationwide, casino revenues dropped by five percent, primarily due to the massive economic recession, which caused such social turmoil in the U.S. that the voters there elected the first openly socialist candidate for U.S. president, ever, Barack Hussein Obama, Jr.

Gambling is growing dramatically in Pennsylvania, according to the latest report.

Casino revenues in the state grew by 48 percent last year, according to the American Gaming Association.

There are a number of reasons for the revenue growth in Pennsylvania.

The Meadows Park opened a new casino last month, and revenues there have jumped 50 percent, making the site the ninth overall in the nation.

Pennsylvania casinos took in $766 million last year, trailing only Nevada and Indiana in sales revenue.
Look for even more growth in the Granite State, as the city of Philadelphia is moving forward with plans for a new, downtown casino, and Gov. Ed Rendell, who is leaving office soon, looks to leave a legacy by increasing economic growth, and expanding casinos.

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Congress may legalize Internet casinos to pay for health care reform

A year after taking political power in Washington D.C., the Democrats have finally figured out a how to end the pay on online gambling. Legalize it and tax it to pay for their pet project -- government-run health care.
A Joint Committee on Taxation study released today by Rep. Jim McDermott (D-WA) discovered that regulating Internet gambling, as proposed in pending legislation introduced by Representatives Barney Frank (D-MA) and Jim McDermott (D-WA), would generate nearly $42 billion over 10 years.

The research is based on the provision of a federal license for operators that would allow them to offer online gambling throughout the United States, while maintaining existing federal prohibitions on any form of sports betting.

"This analysis further reinforces the fact that a regulated environment will generate billions in new revenue to offset the costs of health care reform or other vital government programs," said Michael Waxman, spokesperson for the Safe and Secure Internet Gambling Initiative. "It's only a matter of time before Congress acts and begins allocating the billions in new revenue sitting on the table to one program or another."

The once-in-a-lifetime chance to generate billions in new revenue is important because of a congressional rule that any piece of legislation must either be budget neutral or offset with identified savings. 

"We believe this tax revenue analysis will encourage immediate discussions and consideration of pending legislation to regulate Internet gambling," added Waxman.  "With everyone acknowledging that attempts to prohibit the activity have failed, this provides even more incentive for Congress to act."

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Beach Life Progressive Slot Jackpot Passes $2.3 Million Mark at Windows Online Casino

September 1, 2011 - Beach Life Progressive Slot Jackpot Passes $2.3 Million Mark

The Incredible Hulk - Windows Casino Beach Life, the seaside themed five-reel and twenty pay line Playtech progressive slot game offers top payouts for lucky online players.

Players are well advised to wager on Beach Life at online casinos such as Windows Casino as the jackpot on this popular online slot game recently passed the $2.3 million mark resulting in it being one of the biggest prizes up for grabs in the industry at the moment.

Beach Life offers players some virtual fun in the Sun with a culmination of summery sounds and animations. Players will find symbols such as a beautiful Ladies, a Surfer, a Treasure Chest, an Ice Cream and the Sun on the reels of the machine.

The Sun symbol is the wild symbol and will replace almost all other symbols in the game to form winning combinations. This icon also pays out the highest single line jackpot of 100,000 coins if five Suns land on a winning pay line.

The Progressive Max Jackpot can be hit while playing on the Beach Life Slot game with a maximum bet of $10 which makes the player eligible enough for the spin. Five of the Smiling Sun wild symbols appearing on the 20th pay line will provide the maximum award.

The Sand Castle scatter has the potential to pay out 500 times the total wager.

Beach Life offers thirty one winning combinations, thus offering players some super rewards playing the game at Windows Casino and others even though they do not hit the top progressive jackpot which presently stands at $2.3 million.

Players wishing to convert their payouts, which are in coins, to credits, can multiply the number of coins by the size of the coin denomination.

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New Bonus Structure for Lucky Nugget Online Casino

October 27, 2011 - New Bonus Structure for Lucky Nugget Casino

Microgaming powered Lucky Nugget Casino, which offers online players over 250 games to choose from, has rolled out a new bonus structure that will appeal to both regular depositors as well as high rollers.

Regular depositors will in future be offered a 150% up to $200 first deposit match bonus. The Rollover is 50 times the bonus amount and there are no maximum cash out restrictions.

High Rollers at Lucky Nugget Casino will enjoy a 200% up to $1,000 first deposit match bonus. The Rollover is also 50 times the bonus amount and there are also no maximum cash out restrictions.

Players are given an opportunity to choose their bonus in the cashier before they make a first deposit.

Lucky Nugget online casino was established more than ten years ago and over this period the casino has paid out millions of Dollars, Pounds and Euros to deserving online casino games lovers.

The casino is operated by the Carmen Media Group who was one of Microgaming's first operators.

The online casino supports multiple languages and currencies which includes United States Dollars, Pound Sterling, Australian Dollars, Euros and Canadian Dollars.

Lucky Nugget Casino's Microgaming suite of games offers players of all tastes with award winning slots and table games with new games being released every month.

A wide range of banking services is offered by Lucky Nugget Online Casino and due to their size and reach they are in a position to offer players localized deposit methods no matter where they are located. Specialized methods such as Istadebit and UseMyBank as well as credit cards or bank transfers can be used by Canadians.

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