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Online casinos face much competition from their land based counterparts. This competition comes in the form of bricks-and-mortar casinos and events. This time it is an event that is growing in popularity.
Although anything that raises the interest in gambling as a whole has a positive effect on the entire industry, land based events do however take clientele away from online casinos on a micro level.

Once again Lyceum Events is set to host the annual Poker in the Park event. Now in its 5th year, the event will feature a great melange of learning, live poker and entertainment. The event will take place at London’s Hanover Square on the 2nd and 3rd of September 2011.

In order to enable the internet gambling industry to be aware of the status of disputes at online casinos approved by eCOGRA, this reputed online casino accreditation organization releases dispute resolution statistics twice a year.

According to eCOGRA’s Fair Gaming Advocate, Tex Rees, the 2011 half year dispute report shows that eCOGRA accredited operators have maintained an incredibly low complaint ratio of below 0.5% per site on average every month over the first half of 2011. What is even more amazing is the fact that most of the valid complaints received by eCOGRA were resolved by them within 3 days.

Although leading payments solutions provider to the online casinos, Quick Tender, is based in Europe it also remits payments from online casinos to players in several countries, including the United States.

Quick Tender has recently been receiving numerous complaints from American online casino players and affiliates to the effect that their payments are being delayed even though these funds have been remitted from Quick Tender’s European bank accounts in time and according to instructions.

During October, 2009, the Australian productivity Commission called on the Australian government to repeal the 2001 Interactive Gambling Act which is very restrictive and presently only allows government-approved providers to legally provide Internet poker, casino gaming and sports betting in Australia. This, of course, results in most Australians playing at online casinos that are based offshore which are unregulated and untaxed. An estimated $1 billion will probably be spent by Australians at these websites during 2010.

The online casino industry around the world is worth billions of dollars. Although there are some countries that have regulated online gambling to a point that no casinos wish to operate from those countries, there are nevertheless those countries that thrive from the foreign income online casinos bring to their shores.

The United Kingdom has always enjoyed very open and free casino laws. This is because the government knows that whether gambling is legal or not, its citizens will nevertheless find a way to partake in betting. It is a big part of the UK culture, especially bingo, sports betting and table games.

However, even though UK based online casinos operate freely, their management nevertheless feel as though they are getting a raw deal. The fact remains that UK based online casinos pay very heavy taxes on their operations, yet foreign based online casinos are exempt from these taxes.

It does not seem possible for online winners to win twice but in fact it has happened many times.

Edmund S, a German casino player was fortunate enough to win a combined total of $166,915 after playing two games at Bodog Casino, namely European Roulette and Aztec’s Treasure online slots.

Following on Cryptologic’s announcement on Tuesday that it had signed an agreement with Totesport, yet another announcement was made on Wednesday that it had signed a deal with Centrebet. Cryptologic appears to be signing agreements at an amazing pace as this is the seventh such agreement it has signed since the beginning of June 2009.