Internet Gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However it is legal in some states of the United States, some provinces in Canada, most countries of the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of licence provide services or advertise to residents there. For example, the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the United States. Many online casinos and gambling companies around the world choose to base themselves in tax havens near their main markets. These destinations include Gi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Microgaming
Microgaming is a privately held gambling software company based in the Isle of Man. The company first developed online casino software in 1994. Overview In May 2009, Microgaming's progressive slot Mega Moolah paid out $6,374,434, the largest online casino pay-out to date. A new Guinness world record was set on 6 October 2015 when it paid £13,209,300 (equivalent to €17,879,645 at the time) to a British soldier. In November 2021, Microgaming’s ancient Egyptian-themed Mega Moolah Goddess once again set a record of €3,947,030.58 in total. This is the biggest win ever revealed in a progressive jackpot A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is ''not'' won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value ... slot. References {{reflist Online gambling companies of the Isle of Man Online poker companies Gambling websites Gambl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number dealt face up or face down, and the number shared by all players, but all have rules that involve one or more rounds of betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the '' blind'' or ''ante''). In standard poker, each player bets according to the rank they believe their hand is worth as compared to the other players. The action then proceeds clockwise as each play ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Scratchcards
A scratchcard (also called a scratch off, scratch ticket, scratcher, scratchum, scratch-it, scratch game, scratch-and-win, instant game, instant lottery, scratchie, lot scrots, or scritchies) is a card designed for competitions, often made of thin cardstock or plastic to conceal PINs, where one or more areas contain concealed information which can be revealed by scratching off an opaque covering. Applications include cards sold for gambling (especially lottery games and quizzes), free-of-charge cards for quizzes, fraudulent free cards encouraging calls to premium rate phone services, and to conceal confidential information such as PINs for telephone calling cards (otherwise known as recharge cards) and other prepaid services. In some cases, the entire scratchable area needs to be scratched to see whether a prize has been won—the card is printed either to be a winner or not—or to reveal the secret code; the result does not depend upon what portions are scratched off. In o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Keno
Keno is a lottery-like gambling game often played at modern casinos, and also offered as a game in some lotteries. Players wager by choosing numbers ranging from 1 through (usually) 80. After all players make their wagers, 20 numbers (some variants draw fewer numbers) are drawn at random, either with a ball machine similar to ones used for lotteries and bingo, or with a random number generator. Each casino sets its own series of payouts, called "paytables". The player is paid based on how many numbers were chosen (either player selection, or the terminal picking the numbers), the number of matches out of those chosen, and the wager. There are a wide variety of keno paytables depending on the casino, usually with a larger "house edge" than other games, ranging from less than 4 percent to over 35 percent in online play, and 20-40% in in-person casinos. By way of comparison, the typical house edge for non-slot casino games is under 5%. History The word "keno" has French or La ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Video Lottery Terminal
A video lottery terminal (VLT), also sometimes known as a video gaming terminal (VGT), video slots, or the video lottery, is a type of electronic gambling machine. They are typically operated by a region's lottery, and situated at licensed establishments such as bars and restaurants. VLTs typically feature a selection of multiple games, primarily video slot machines and Keno. Their exact operation depends on local law: many VLTs are stand-alone devices containing a random number generator. Each terminal is connected to a centralized computer system that allows the lottery jurisdiction to monitor gameplay and collect its share of revenue. The outcome of each wager on a VLT is random. VLT operators are not able to program the total amount wagered, or payouts, through the central computer system. A minimum percentage payout usually is written into that jurisdiction's law. That percentage is realized not by manipulation of the game, but by adjusting the expected overall payout. In som ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Stake
Stake may refer to: Entertainment * '' Stake: Fortune Fighters'', a 2003 video game * ''The Stake'', a 1915 silent short film * "The Stake", a 1977 song by The Steve Miller Band from '' Book of Dreams'' * ''Stakes'' (miniseries), a Cartoon Network miniseries, aired as part of the seventh season of ''Adventure Time'' * Stake (band) People * Dagnija Staķe (born 1951), Latvian politician * Robert E. Stake (born 1927), Professor Emeritus of Education at the University of Illinois, Urbana-Champaign Companies * Stake (platform), an Australian financial services company * Stake.com, an online casino * @stake, a computer services company Other uses * Equity (finance) stake, the part of a company or business owned by a shareholder * Stake (Latter Day Saints), a regional organization in some Latter Day Saint churches * Hill of Stake, a hill on the boundary between North Ayrshire and Renfrewshire, Scotland * Sudis (stake) (Latin for "stake"), a fortification carried by Roman legio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Cryptocurrency
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It is a decentralized system for verifying that the parties to a transaction have the money they claim to have, eliminating the need for traditional intermediaries, such as banks, when funds are being transferred between two entities. Individual coin ownership records are stored in a digital ledger, which is a computerized database using strong cryptography to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. Despite their name, cryptocurrencies are not considered to be currencies in the traditional sense, and while varying treatments have been applied to them, including classification as commodities, securities, and currencies, cryptocurrencies are generally viewed as a distinc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Twitch (service)
Twitch is an American video live streaming service that focuses on video game live streaming, including broadcasts of esports competitions, in addition to offering music broadcasts, creative content, and " in real life" streams. Twitch is operated by Twitch Interactive, a subsidiary of Amazon.com, Inc. It was introduced in June 2011 as a spin-off of the general-interest streaming platform Justin.tv. Content on the site can be viewed either live or via video on demand. The games shown on Twitch's homepage are listed according to audience preference and include genres such as real-time strategy games (RTS), fighting games, racing games, and first-person shooters. The popularity of Twitch eclipsed that of its general-interest counterpart. In October 2013, the website had 45 million unique viewers, and by February 2014, it was considered the fourth-largest source of peak Internet traffic in the United States. At the same time, Justin.tv's parent company was re-branded as Twitch In ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Internet Gambling Prohibition Act
The Internet Gambling Prohibition Act (IGPA) was a 1999 bill in the US Senate to ban Internet gambling. "Internet Gambling update" '' Internet Gambling information''. Passage of the bill was defeated, in large part, by the lobbying efforts of Jack Abramoff. The bill was supported by Christian conservative groups such as Focus on the Family, Moral Majority, and the Christian Coalition. A new version of this legislation was attached to the SAFE Port Act and became law in 2006. In 1999, eLottery, inc. hired Jack Abramoff's lobbying firm, Preston Gates & Ellis, to represent their effort to block the bill. ELottery, an Internet-based firm, intended to sell state lottery tickets online, and this business venture was threatened by the IGPA. Abramoff recruited Ralph Reed, his College Republicans cohort, and Rev. Louis P. Sheldon of the Traditional Values Coalition to oppose the legislation. Although Reed was a former Director of the Christian Coalition which now supported the bill, Abr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Frost & Sullivan
Frost & Sullivan is an American business consulting firm. It offers market research and analysis, growth strategy consulting, and corporate training. It has about 45 offices in the Americas, Africa, Asia and Europe; the principal office is in Santa Clara, California. History Frost & Sullivan was started by Dan L. Sullivan and Lore A. Frost VQIR.com 14 April, 2017 in New York City in 1961. In the 1970s it started a corporate training division, began sponsoring conferences and industry meetings, and opened an office in London. In 1982, it was publicly traded, and had annual revenues of $9.1 million. By 1987 revenue had grown to around $17.5 million, with $290,000 in net earnings. Theodore Cross acquired 53% of the stock in the mid-1980s. In January 1988 the company was taken private by merger with a subsidiary of FAS Acquisition Co., a company formed by Cross and Warburg Pincus Capital. It was sold to David Frigstad in 1993. A sales office in New York was damaged in the Septemb ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Kahnawake
The Kahnawake Mohawk Territory (french: Territoire Mohawk de Kahnawake, in the Mohawk language, ''Kahnawáˀkye'' in Tuscarora) is a First Nations reserve of the Mohawks of Kahnawá:ke on the south shore of the Saint Lawrence River in Quebec, Canada, across from Montreal. Established by French Canadians in 1719 as a Jesuit mission, it has also been known as ''Seigneury Sault du St-Louis'', and ''Caughnawaga'' (after a Mohawk village in the Mohawk Valley of New York). There are 17 European spelling variations of the Mohawk ''Kahnawake''. Kahnawake's territory totals an area of . Its resident population numbers about 8,000, with a significant number living off reserve. Its land base today is unevenly distributed due to the federal Indian Act, which governs individual land possession. It has rules that are different from those applying to Canadian non-reserve areas. Most ''Kahnawake'' residents originally spoke the Mohawk language, and some learned French when trading with and a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |