Nevada legalizes online gambling – CBS News

It sailed through both the Assembly and Senate on Thursday after a joint hearing before the two judiciary committees.

The benefit for other states, he said, is Nevada’s “most mature regulatory infrastructure.”

“It’s imperative for the success of this that we compact with other states because we don’t have a universe of players,” Ernaut said.

“This was a lot of work and it couldn’t have been done without the governor’s leadership and vision,” he said.

Horne, in turn, had equal accolades for the Republican governor.

Under a compromise, the fee was set at $500,000, though it gives the Nevada Gaming Commission authority to change the amount. Senate and Assembly judiciary committees approved it, sending it to the Assembly where it passed unanimously. But when those efforts failed in Congress, Sandoval said Nevada would work toward agreements with other states.

Gambling regulators will now come up with regulations dictating compact parameters.

. Sandoval had pushed for companies that want to offer online gambling to pay a $500,000 fee, while Horne, in the original bill draft, proposed $1 million.

Sandoval, a former chairman of the Nevada Gaming Commission added, “This bill is critical to our state’s economy and ensures that we will continue to be the gold standard for gaming regulation.”

Horne couldn’t resist at jab at Nevada’s gambling rivals.

CARSON CITY, Nev. “Today I sign into law the framework that will usher in the next frontier of gaming in Nevada.”

AB114 authorizes Nevada to enter into compacts with other states to offer Internet poker. Gov. New Jersey Gov. Brian Sandoval signed legislation Thursday legalizing online gambling in Nevada, capping a dizzying day at the Legislature as lawmakers passed the bill through the Assembly and Senate as an emergency measure.

“We have the most mature financial, auditing and collection capabilities, much greater than some of those states, and they have the players,” he said.

“As to our competitor, New Jersey, they should be accustomed to following Nevada,” he said.

Pete Ernaut, a lobbyist representing the Nevada Resort Association, said expanding the customer base was key.

He praised legislators for their swift action and commended Assembly Majority Leader William Horne, a Democrat from Las Vegas, for shepherding the bill.

Lawmakers in 2011 passed a bill that put Nevada in position to legalize Internet gambling if the federal government sanctioned it. The Senate passed it at midday and sent it to the governor’s desk for signature.

AG Burnett, chairman of the Nevada Gaming Control Board, said the state already has about 20 applications from various operators, equipment and software vendors to be licensed for online gambling.

Several other states began looking into online gambling after the Department of Justice issued a letter in 2011 stating that the federal Wire Act of 1961, often used to crack down on gambling over the Internet, only applies to sports betting.

“This is an historic day for the great state of Nevada,” Sandoval said, flanked by dozens of state lawmakers.

The measure makes Nevada the first state in the country to approve interstate online gaming, notes CBS Las Vegas affiliate KLAS-TV, adding that it was put on the fast track Thursday. Chris Christie previously vetoed an online wagering bill but has indicated he may sign an amended version next week.

The bill approved Thursday resolved a disagreement between Horne and the governor’s office over licensing fees. A renewal fee was set at $250,000.

Sandoval and Nevada legislative leaders said it was important for Nevada to remain at the forefront of gambling regulation.

Partnering with other states gives Nevada an expanded customer market and provides other states with Nevada’s expertise in gambling regulation.

Nevada wanted to beat New Jersey, its East Coast casino rival, to the online gambling punch

Baseball Handicapping Formula – How To Become Great at Baseball Handicapping

It is better to be lucky than be good, right. Anyone can create a formula and start using it, but it has to be tested. Many get lucky but luck only happens occasional. I am a true believe that anyone can be the best baseball handicapper if they so desire. The only way to fully grade a handicappers picks is over the entire season.

The best baseball handicappers in one who thoroughly follows the game, uses a proven system along with all those miscellaneous variables to determine their selections. There is no government rating nor is there any real tracking system. There is no license or certification required. My feelings on this are not one individual can be giving that title. That is the easy part just about all handicappers claim to be the best.

I would define the best baseball handicapper a one who is truly knowledgeable on the sports. Part of being a good handicapper is promoting yourself as one. The only way to test a formula is to use through an entire baseball season. A good handicapper will take all this information and plug into their handicapping formula.

Now a proven winning formula is mandatory. Baseball handicapping is not all based on skill. Remember to distinguish the difference between just lucky and picking the right side.

The fact is anyone can claim to be good at baseball handicapping. Follow the game, use a proven baseball betting formula, there are many available. They must be up to date with all trades, injuries, trends and current statistics. For effective baseball handicapping you need to follow a formula. Don’t confuse being lucky for being good.

Just what is a baseball handicapper? According to Wikipedia: Baseball Handicapping is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. Luck has a lot to do with it. A handicapper that just picks games without close examination is one that I would avoid. You just start analyzing ball games and select your winners. Be consistent with your bets and use proper money management and you will the best baseball handicapper.

Now you are probably reading this article because you want to know who is best. This formula must be battle tested. Baseball season is very long and there are many ups and downs for every team. You might have a nice run for a week, start thinking you have the best system in the world then lose the next 10 games. Then there are the side variable such as weather conditions, disputes among the players sand mental state of the players. Let’s make it simple and say that a baseball handicapper is a person that analyzes two baseball teams and attempt to picks the winner.

NBA Basketball Moneyline Bets

It’s a SUPER play when betting short (small) underdogs.

As some advice from somebody who has been there, don’t even for a second think that taking a -10 favorite and turning it into a -450 moneyline play is a solid bet. This isn’t always the case, but is often the case.

Since that gives too much value to the favored team in the bet and is not fair to the underdog, we compensate for each by creating an odds to win style bet.

Here’s an odds conversion chart so you can get a look at what a point spread converts to when changed to a moneyline bet:

The favorite bet then becomes a bet more to win less proposition.

A moneyline is just a fancy way for saying that we’re eliminating the point spread and making it so your team only has to win by one point.

Losing one -450 play means you have to win 4.5 bets in a row just to break even and that is not easy in sports betting! In fact, it’s against the odds.

Conversely, the underdog becomes a bet x amount to profit more proposition.

. While its very likely to cash, IF IT DOESN’T, you are screwed and in a hole BIGTIME.

Point SpreadMoney Line-2-130/+110-2.5-140/+120-3-155/+135-3.5-175/+155-4-200/+170-4.5-220/+180-5/-5.5-240/+190-6-270/+210-6.5-300/+220-7-330/+250-7.5/-8/-8.5-360/+280-9/-9.5-400/+300-10-450/+325

Before we go, may we recommend you check out the best places to bet on basketball on the web?

So with a dog of +3, you would play the moneyline at +135 which would mean your bet would be risking $100 to profit $135 instead of taking it on the spread at +3 which would be risking $110 (more) to win $100 (less.)

A great place to install a moneyline bet is when an NBA team is a short underdog, say +3 or less. Underdogs are less likely to happen, hence why their compensated at such a high rate.

As you can see, if you take a basketball game with a favorite of -7 and change it to a moneyline bet, you are not risking $330 to win $100. It can also be viewed as 2.5/1 odds.

The moneyline is a great bet in basketball betting, as long as you don’t get too carried away betting favorites. There’s a good chance that if the underdog is going to cover the +3 that they’ll also win the game straight up. (You could also look at it as risking $3.30 for every $1.00 you want to win.)

Good luck in your action!

On the flip side, if you want to take a hoops underdog that would have been getting +7 points on the spread, this bet now pays +250 which means you bet $100 to PROFIT $250 (or profit $2.50 for ever $1.00 you risk). For those of you who aren’t familiar with what a moneyline bet is, let us explain:

The reason that the favorite pays less with more risk is because the outcome is more likely to happen

Online Gambling Knows When To Fold ‘Em

Congress.”

Sportingbet will retain the Internet addresses and intellectual property of wallstreet.com, aces.com and sportingbetUSA.com, but won’t use them for any U.S. On the other are private offshore companies located in the Caribbean that are still doing business with U.S. sports-betting, casino business and poker operations to Antigua-based Jazette Enterprises Ltd.

Vienna, Austria-based online betting company bwin said Friday it will no longer accept new customers in the United States for its “real money” games and will only offer a “play money” lineup to the U.S. These (U.S.) operations contributed the overwhelming majority of the company’s revenues for the year to date 2006,” World Gaming said.

Congress caught the gaming industry by surprise late last month when it included a provision in a bill aimed at improving port security that would make it illegal for banks and credit-card companies to settle payments to online gambling sites.

Since then, PartyGaming PLC, the world’s largest gambling company, said it had suspended all real money gaming activities to customers in the United States. operations Friday as President Bush signed a bill aimed at restricting Internet gambling in the United States.

Sportingbet PLC and Leisure & Gaming PLC both sold their U.S. operations for a token $1 while World Gaming PLC directors resigned, leaving the company in the hands of administrators.

U.S. Former BetOnSports PLC Chief Executive Officer David Carruthers remains under house arrest in the St. customers through third parties.

“This decision (to call in administrators) follows discussions with all key parties and after receiving appropriate legal advice. Peter Dicks, the former chairman of Sportingbet, was detained in New York but released after New York Gov. All Rights Reserved. On one side are the London-based companies that are pulling out of the United States. market.

© 2006 CBS Interactive Inc. business of Paradise Poker.. residents account for about half of the estimated $15.5 billion in net win from wagering that operators of online betting sites were expected to generate this year, according to the betting research unit at Nottingham Business School. Louis area awaiting trial on federal charges based on the 1961 Wire Act.

Sportingbet shares fell 10 percent Friday to $1.09 and PartyGaming shares dropped 4.2 percent to 64 cents. Some banking groups lobbied against it.

British-based online gaming companies began cashing in the chips of their U.S. legislation is cleaving the industry in two. The company said the sale saved it $14 million in costs it would have had to pay to close the operations. residents for two years, and not to take bets from customers outside the Americas for three years.

Leisure & Gaming sold all of the shares of its wholly owned subsidiaries — VIP Management Services, Bon Bini Investments, EH Gaming Ventures, ECom ServCorp and Nine Holdings — to Stockdale Investment, a newly incorporated company established by Alistair Assheton, former chief executive of the company.

Sportingbet said it will keep its European sports, casino and poker businesses, Australian sports business and the non-U.S. The Associated Press contributed to this report.

Analysts said the U.S. And World Gaming shares were suspended at 7.4 cents.

On Friday, Sportingbet of London offloaded $13.2 million of debt by selling its U.S. gaming purpose. Empire Online PLC said it would focus on gaming outside the United States, while 888 Holdings PLC said it was considering its options.

The measure’s supporters include the National Football League as well as conservative and antigambling groups. This material may not be published, broadcast, rewritten, or redistributed. George Pataki declined to sign a warrant extraditing him to Louisiana, where he was wanted on charges of illegal online gambling. The total amount bet online is substantially higher, it said.

Looming over the decisions by the London-based companies was the arrest of two executives while traveling through the United States. The businesses have a total of 500 employees.

World Gaming instead appointed administrators to the business after the resignation of its directors.

Andrew McIver, Sportingbet’s chief executive designate, said in a statement that the company was “saddened to have to dispose of such a fantastic business as a result of political actions in the U.S. Jazette has agreed not to take bets from non-U.S. Leisure & Gaming shares rose 3.1 percent to 15.32 cents

Daily fantasy sports land in gambling industry crosshairs | Reuters

NEW YORK Mike Petta played Internet poker until 2011, when most U.S. “MGM Resorts International would like to see daily fantasy sports made legal and properly regulated, similar to our position on all forms of gambling.”

Lobbyists for the industry claim that anyone who has participated in FanDuel or DraftKings games would agree that, unlike gambling, a fantasy player has a major effect on the outcome through their knowledge and effort.

Playing from home in Livonia, Michigan, Petta is one of millions of Americans who draft virtual sports teams online and enter real-money competitions that last only a few hours.

AMAYA JOINS IN

FanDuel and DraftKings said in a joint statement for this story that they “are speaking with gaming industry representatives to educate them on the fantasy sports industry as our products are fundamentally separate from, and not competitive with casinos and gaming businesses.”

The controversy has succeeded in making some investors reluctant to back fantasy sports companies. ESPN, a unit of Walt Disney Co’s was close to investing in DraftKings earlier this year but then passed. A staggering 98 percent of daily fantasy sports players are male, according to Eilers. Last year, the 31-year-old father of two quit his job as an accountant to play fantasy sports full time, spending thousands of dollars a night entering fantasy sports contests. FanDuel’s $275 million funding round, announced July 14, was led by private equity firm KKR & Co LP and included Google Capital and the venture arms of Time Warner Inc and Comcast Corp.

“Once the sports leagues and media companies became involved, it sent a signal to both entrepreneurs and investors alike that this industry was only going to continue to grow,” said Stephen Murphy, CEO of Boom Shakalaka, a new fantasy sports company founded out of Stanford’s Graduate School of Business.

DraftKings’ website says it is “100 percent legal.” FanDuel’s website says it takes “the legal status of the games it offers very seriously and does its utmost to ensure compliance with existing state and federal laws.” . More than 90 percent of them are white. The issue is not whether skill is present. DraftKings CEO has said that the “adult product” did not fit with parent company’s brand, but DraftKings did reach an agreement to advertise on ESPN’s properties. “When chance begins to govern the outcome more than skill, you have a form of gaming, and that’s when the need for regulation kicks in.” 

Even if some casinos keep out of daily fantasy sports, Petta claims they are not competing for his attention against FanDuel and DraftKings.

By Liana B. But there is a risk that some states will eventually decide to treat them as traditional sports betting, shrinking what has been a growing market.

COVETED DEMOGRAPHIC

Yet Petta belongs to a demographic that the gambling industry, weary of retirees playing penny slots, is hungry for. Daily fantasy sports companies now operate in at least 45 U.S. Amaya Inc, which acquired online poker company PokerStars last year, has said it plans to come out with a daily fantasy sports product this year.

High-profile investors have poured money into both industry leaders.

Petta is an outlier in terms of the time and money he spends – and earns, in the six figures. poker websites were shut down.

Petta, who bets between $20,000 and $40,000 each night in 500 games he enters, sees it as a skill-based job. Drawing some artificial line between the two makes no sense as a matter of law or policy.”

LOBBYING

The two fantasy sports startups which lead the industry, FanDuel and DraftKings, have both raised hundreds of millions of dollars in funding in the past few weeks, scoring valuations of about $1 billion each.

“I know there is a lot of debate, with some people considering it gambling. It is whether the skill of the players determines the outcome of the game they are playing,” Burnett said.

Companies that offer traditional sports betting, legal to some degree in only four states, are heavily regulated by gaming boards, need to follow anti-money laundering guidelines, follow strict rules on protecting player funds and pay special gaming taxes.

Some of the traditional players are now getting in on the action. Fifty-one percent are between the ages of 25 and 35, and 59 percent have an average household income of $75,000 or greater.

“I don’t have an opinion yet (on the legality)…

So far, there has not been much lobbying from the gambling industry to restrict daily fantasy sports, mainly because the main trade group, the American Gaming Association, has formed a task force to study the issue but has yet to decide what its stance on it will be. But I can tell you there is a skill set, there is a strategy where you can get an edge or an angle and make this profitable,” Petta said.

“They’re not like games of chance, where no matter how skillful the player is, winning or losing almost always comes down to luck — whether it’s the spin of a wheel, the roll of the dice, or the turn of the cards,” said Jeremy Kudon, a partner at the law firm Orrick and lobbyist for the Fantasy Sports Trade Association.

(Reporting by Liana B. This has allowed fans to bet with a frequency that some critics argue is akin to sports betting or gambling. Since then, they have mushroomed online with participants typically creating teams that span an entire season, in major sports including baseball, basketball and hockey. He then takes a break to look after his children, 1 and 3, and finalizes his virtual team before the games start in the evening.

“It is not in the interests of consumers that established gaming companies, which are fully licensed and regulated, are the only market participants that cannot engage in the business,” said MGM International’s general counsel John McManus. In DraftKings’ $300 million investment round announced July 26, the funding was led by Fox Sports and also included Major League Baseball, the National Hockey League, the Madison Square Garden Company, the Raine Group and Wellington Management. My wife and I go on a Friday night when we have a babysitter,” Petta said. He does his research in the morning, poring over player stats and planning his nightly lineup. “It does not change how often I go to the casino, I enjoy gambling every so often. But let’s not pretend one is OK and the other is not. states, though some are mulling reviews on whether the activity should be treated as gambling rather than games of skill. Nevada’s Gaming Control Board, the regulatory body that oversees gambling in the state, has started to analyze the legality of daily fantasy sports. Investors have followed suit, making daily fantasy sports a multi-billion-dollar business.

Daily fantasy sports, where players draft teams in games played in just one evening, developed in the past few years. Most participants bet less than $100 per week on fantasy sports, and about 70 percent of them fail to win money regularly, according to a survey by research firm Eilers Research LLC published last month.

Modern fantasy sports started in 1980 when a few avid baseball fans starting drafting teams at a New York City restaurant called La Rotisserie Francaise. Baker in New York; Editing by Greg Roumeliotis and John Pickering)

Daily fantasy sports companies are now looking to protect their home turf.

Nevada’s Burnett said he did not believe the Federal Unlawful Internet Gambling Enforcement Act legalizes daily fantasy sports, but did not ban them either, and that their legality was up to individual states.

“I make my living in the gambling industry, so I’m hardly opposed to gambling,” said Joe Asher, CEO of William Hill US. Baker

| NEW YORK

“When you start offering daily fantasy contests, then you start to blur the line between skill and chance,” said AG Burnett, chairman of the Nevada Gaming Control Board, who is leading a review of daily fantasy sports. Kudon, the industry lobbyist, said he has met with lawmakers in a dozen states over the past six months, and helped pass a bill in Kansas in May that confirmed that fantasy sports are legal in that state. Now, the gambling industry wants him back.

Proponents of the daily fantasy sports industry say that the Federal Unlawful Internet Gambling Enforcement Act of 2006, a law meant to crack down on online poker, included a carve-out that exempted fantasy sports.

That’s sparked some frustration at major gaming companies such as MGM Resorts International and Boyd Gaming Corp, as well as sports book companies such as William Hill Plc, which have told Reuters they want to see daily fantasy sports regulated like gambling. “I think daily fantasy sports betting should be legal, just like I think traditional sports betting should be legal. Nevertheless, this has not stopped some gaming companies from speaking out, with some calling daily fantasy sports unlawful.

Regulating fantasy sports like gambling could help casino companies enter the market, and it could also give them an edge since they have experience dealing with gambling licenses and regulation

Summer Games For Kids: How To Play Wiffle Ball

But of course, no person can be passed the home run marker, unless you’re just a family onlooker cheering on the game!

The title says it all. And a whole lot of fun!

When I was a child, there was no game I loved more than wiffle ball. If there are more than two players, you can place one person in each designated marker area. It’s light, easy to swing, and durable. Really, it’s the same as the baseball variation above, but you can get someone out through a well-aimed throw at the runner. Other variations have holes covering the entire ball, and often the holes are a perfectly circular shape. The fact that you can pick up and play just about anywhere adds to it too. All you need is some basic equipment and you are set!

Wiffle balls

I’m a fan of the original wiffle balls, though there are variations out there. For most wiffle ball game variations, you have the exact same goals as in baseball. It gives the game a little more organized feel, and they’re really not that pricey of an accessory for the value they bring.

Game variations

There are quite a few ways to play a game of wiffle ball. It can be a lot of fun (and great baseball and softball training) just to throw the ball, swing the bat, and field without keeping score. Your child could even play on his or her own using a wiffle ball machine like the one below.

When one on one, you’ve got the entire field as the defender. There are lots of ways to play (well beyond the official rules), it’s cheap to set up, and, perhaps most importantly, it’s an outside game so everyone can enjoy the beautiful sunny weather. The thrown ball tag variation

The “it’s just like baseball” variation

You score runs by getting a clean hit that lands (and stops) in one of the marked areas. If you’ve got young baseball fans in the family, this is a great game to share with them.

Just for kicks

Why not just play baseball or softball you may be asking? Those can be fun summer games for kids too, but there’s a lot of cool things about wiffle ball that place it in a class all its own. 

Technically you don’t need to have any ruled game surrounding your play time.

I also prefer the nine-inch balls to the twelve-inch wiffle balls. Plus, the balls are hollow and light, so it’s nearly impossible for them to do major damage to things they hit.

A game can work with two people or eighteen people: This is a summer kid’s game that can be just as fun one-on-one as against a team. 

The balls are fun to throw, hit, and catch: The holes in the balls allow you to throw some amazing “junk” pitches with lots of curves and sliding action. Wiffle ball equipment is more like plastic lightweight toys in comparison.

It’s great baseball or softball training: If your child has shown interest in these sports, wiffle ball is a great low impact place to start. 

The equipment you need

As mentioned, it’s pretty cheap to get a wiffle ball set up going. Plus, who doesn’t love the bright, fun color? It just feels like summer. 

Throw down bases

While not a necessity (you can use landmarks, stones, and other natural markers), many people like using throw down bases. It’ll also score any runners already on second or third. Outs are earned by striking out, catching a ball in the air, or grabbing a ground ball while it’s still in motion. A double will move an imaginary runner on first to third. Then get to pitching and hitting! 

What is wiffle ball?. Proceed with caution. I suggest fifteen feet per each of these markers, starting from home plate. They are easier for kids to hold and throw, and they are a bit more challenging to hit. It’s got so much going for it between the family and team bonding opportunities, the skill learning, and ultimately just the fun of throwing, fielding, and batting these crazy balls. It’s great for getting summer time exercise for the kids. Here are a few, but feel free to make up your own house rules, too:

What makes wiffle ball special?

This one is not for everyone. A single gets a runner on base. Foul tips are strikes, except for the third strike (just like in baseball), and balls that aren’t swung at, but hit your strike marker are strikes as well. 

A lot of warm weather good times to be had

So if you’re considering your options for cool summer games for kids around your neighborhood, here’s a vote for giving wiffle ball a shot. A double or triple will clear the bases. Outs are scored by striking out, a defender catching a fly in fair or foul territory, but with a ground ball, there needs to be a tag or a force out (touch a base before a runner who is forced to move gets to it, due to a hit). 

You can play at a moments notice: No need for finding gloves and protective gear, getting a team together, and getting to a field. 

You can play in the country or in a more urban setting: Wiffle balls and bats were designed to make sure the balls don’t travel too far when hit or pitched. Pitch the ball, hit the ball, move runners forward, and get the batter out. But, my friends and I loved this variation when we were kids. If you can hit the runner in the torso area (no head, no legs) while the runner is circling the bases, then the runner is out. 

This is a great way for a small team (even two people) to play a base running version of the game. If you can catch up to a fly ball (in fair or foul territory) or a moving ground ball in fair territory, you can snag it for an out, no matter where on the field. A home run is, well, a home run. They can’t leave that area, but they can snag any balls in it. If you don’t like the idea of your kids throwing wiffle balls at someone running the bases, just ignore this one. But again, it adds to the play risk. You field a team, you run the bases, and you score runs. These balls have oblong holes going around the top of the ball only. This is a game that works just as well at a group picnic or an empty basketball court, as it does in your own backyard. 

The offical (or close to it) wiffle ball game

This is great for two players, but there can be as many as five per team. Set up foul lines, a strike zone (a piece of marked cardboard can help), and field markers for a single, double, triple, and home run. And when hit in the air, they can take some unusual twists and turns. 

It’s pretty safe for young ones: Baseballs and baseball bats can be dangerous in young hands. It’s the only wiffle ball bat you need, no matter kid or adult. I’ve found that the original balls allow for more spin and tricks with the ball when pitching, and it does more interesting things in the air when hit. In fact, as far as summer games for kids go, I’d say this one ranks up there in terms of fun, exercise, and family-bonding potential. Easy to play. But if you love softball, the twelve-inch varieties are your best bet. 

The wiffle ball bat

The original yellow plastic bat is a classic. I had a few wiffle balls to the head in my day, though I should say I think I’m pretty ok from it.

There are three outs per side. There are no walks as wiffle balls can be tough to control. 

Easy to set up. There is no running of the bases, only pitching, hitting, and outs. Essentially you are moving imaginary runners around the diamond. Here you’ll learn the basics of what you need to know (and have) to get a good game of wiffle ball going. 

Well, simply put–it’s like baseball but with a hollow plastic bat and plastic balls made with unique (and often oblong) holes

Why Online Gambling Is Still Illegal In Most U.S. States

Many credit cards wary of running afoul of a law banning banks from funding illegal Internet bets were reluctant to process transactions, but that has changed. Technology to ensure a player is actually within the state’s borders have reduced false rejections – initially a problem – to a negligible issue. The third, Nevada, doesn’t report Internet revenue separately.

In New Jersey, Internet gambling was seen as a lifeline to Atlantic City’s struggling casinos. Less than a year after it began, four of its 12 casinos went out of business. “We’ll take that anytime.”

At first, one of the main impediments to people getting online to gamble was funding their accounts. (AP) — Internet gambling is slowly growing – but not expanding – after 2 1/2 years of online betting in the United States.

PokerStars, the world’s largest Internet poker site, will begin operating in New Jersey in the first half of 2016, and many industry executives expect it to grow the market, though how much remains to be seen. And it’s keeping most outsiders from gambling illegally: only two people were found to have successfully placed bets from outside New Jersey since 2013, Rebuck said. The Restoration of America’s Wire Act has been introduced in both chambers this year, backed by billionaire casino mogul Sheldon Adelson, and could come up for a hearing next month.

San Francisco-based Gambling Compliance predicts either California or Pennsylvania will approve Internet gambling next year, followed by New York and Mississippi in subsequent years. PayPal also recently agreed to participate.

Wayne Parry/AP

Nevada stopped reporting Internet gambling revenue as a separate item at the end of 2014. Chris Christie’s administration, for example, had initially estimated Internet gambling would bring in $1 billion in its first year. 25, 2013, and took in $122 million in its first full year. New Jersey says MasterCard is approving 70 percent of attempted Internet gambling transactions in the state, while Visa is at 62 percent. that resulted, fair or not, really took the wind out of the expansionary sails,” Krafcik said.

Jupiterimages via Getty Images

Online gambling revenue is increasing in at least two of the three states that currently offer it – New Jersey and Delaware.

The industry still faces some nagging issues, as well as looming threats – including an effort in Congress to ban Internet gambling nationwide. Over the first 10 months of this year, the Atlantic City casinos have already equaled that total, with their Internet gambling revenue up 17.6 percent from the same period last year.

New Jersey Gov. New Jersey has sought to partner with other states that might legalize it to offer larger, joint prize pools.

LEON NEAL/Getty Images

“Internet gambling revenue in Delaware, Nevada and New Jersey badly missed initial forecasts, which themselves were overly aggressive,” said Chris Krafcik, research director for Gambling Compliance, which tracks gambling legislation nationwide.

But a hoped-for wave of expansion has not happened as many states sit on the sidelines and assess the costs and benefits of the nascent industry.

“The market was smaller than a lot of people predicted, but the market is growing pretty nicely now,” said Tom Ballance, president of the Borgata, Atlantic City’s top casino and its leading online winner.

From a legal and consumer protection standpoint, Internet gambling has proven to be reliable and transparent, said David Rebuck, New Jersey’s top gambling regulator. Online poker, the only brand of online gambling Nevada offers, is just a drop in the bucket of the state’s $11 billion gambling market.

ATLANTIC CITY, N.J. In March, Morgan Stanley cut its estimate of the potential U.S. But for those that remain, Internet gambling often makes the difference between an up or a down month.

Internet gambling has generated $6 million in earnings for the Borgata over the first three quarters of this year, Ballance said.

Online poker is the most popular form of Internet gambling, although the small number of states offering it has kept prize pools low. Internet gambling market by nearly half, pegging it at $2.7 billion by 2020, down from an initial estimate of $5 billion.

“The negative P.R. Officials confiscated the money in their accounts, totaling about $1,000.

New Jersey began offering Internet gambling on Nov. It did about 12 percent of that.

Delaware won $1.4 million in fiscal year 2014; $1.8 million in 2015, and $500,000 so far this fiscal year, which runs from July through June.. In 2016, the group projects, nine states will consider legalizing it, though not necessarily act to approve it.

“In Atlantic City, $6 million in profit is not easy to come by,” he said

Best 2012 Bike models for seniors

The ease of construction after receiving is one of the biggest customer feed back . Bike rides are a good choice for all boomers to stay in shape.

Schwinn Sierra DSX Adult Comfort Bike

The Schwinn Sierra Dsx is one of the best comfort bikes available on the market. There are three ideas that have to be taking into consideration before you purchase your bike. I now have over 200 trouble-free miles on it, and I feel I have made a good choice. With a 17.5 inch frame size the comfort level is increased for smaller riders. The Av-H Hybrid makes up the lack of suspension with amazing gripping,700c Wheels with stainless spokes and fast-rolling Kenda Komfort tires that grip the road with ease. This bike gives a great ride and for less than 200 bucks it’s really hard to find fault with anything. Wether it is a gentle stroll though Central Park or a light off road bike ride Forge Saranac has the tools . According to one customer , “Overall I like the hybrid concept. Often times baby boomers will look towards bike riding for the fun and relaxation aspects. My wife wanted a more comfortable bike than her mountain bike.

 

If you are a baby boomer currently looking for a decent bike, please read on. Many riders will use this bike if they are suffering from mild back discomfort, because the Sieerra DSX is sporting a SR/Suntour suspension fork with dual pre-load adjustment system . Padded seats and limited gearing makes comfort bikes a sure win for baby boomers. The click-shifters work great! 1000-MILE UPDATE: I now have 1000 miles on my bike. . Comfort bikes often are made for cruising a quiet beach-side lane. There are three options , road racing , mountain bikes, and comfort bikes. Except for the normal flat tires, I have had no mechanical problems. After over 1000 miles this bike is running good with no complications. Designed for comfort on asphalt, the Av-H hybrid is equipped with light aluminum frame that helps keep this bike at a weight that will make it easy to transport. With amazing allow seat suspension you will often never feel any huge dips when bicycling. It is a nice comfortable ride, with a seat stem spring and a front suspension. Dual suspension in the front and real help for a comfortable ride for our older customers. I would rate this bike a 4.7 out of a possible 5.

Now that you have general understanding of bike riding and bike options that are out there for you the baby boomers, please take time and go or a ride. Understanding this comment is easy. If you are a baby boomer in quality heath you can often make a choice of all three. One review stood out with this to say, “I bought this bike a few months ago for exercise and neighborhood trips. The lifetime warrantee on the frame allows you to give this bike a little petal to the metal. So far, this has been a very good bike for me.

Understand bike option and what bikes are the best.

As baby boomers are taking to retirement, they are currently searching for a safe and healthy pastime to spend there days. Cadillac Mens Av-H Hybrid Bike

Cadillac Mens Av-H Hybrid Bike is often times compared to its namesake in the bike world. The cheaper price compared to the previous bike is due to the lack of any suspension. ” Pretty strong facts coming from a consumer.

Customer reviews

Satisfying customers is currently not a problem at Cadillac. The 26 in aluminum frame is built to give the rider the feeling of riding on a cloud. Seating position is more upright, the unisex design allows her to more easily step down and get on the bike.” The upright seated position will help the back pain customers.  Over all I will give this bike a 5 out of a possible 5 for over all appeal towards baby boomers.

Customer reviews

Customers have been overall happy with there purchases of Forge Saranac CM Path and Trail Comfort bike. In laymen terms, it means when you go over bumps and imperfections in the road , often time you will have no discomfort.

Choosing the proper bike often times will come down to what bike you want. If you are not in good health and just want a gentle bike, please choose a comfort bike. After understanding of these ideas one can purchase a bicycle with proper comfort , price , and knowledge.

                            

Ideas to take in consideration before a Purchase  Bicycle. An aluminum frame leads to an easier time for transportation , with an over all weight of 29.0 lbs.. I rate this a 4.9 out of a possible 5.

Forge Saranac CM Path and Trail Comfort Bike

Men’s Forge Saranac CM Path and Trail Comfort Bike is a crossover bike that can handle multiple trail conditions. Lets take a look at three models and reviews for comfort Bikes.

Customer reviews

One satisfied customer had this amazing review, “Delivered quickly and only required small amount of assembly

Importance of sports facilities in the school

Students can opt for a sport, whereas some sports are compulsory.

Many children join junior teams or community-based sports teams during his years in elementary school because their parents want them to learn the same fundamental values. It allows them to feel the benefits like the boys, and it’s literally helped level the playing field.

School spirit in providing the sport: There are more and more number of schools who are giving many sports facilities to the students. The revenue to the students is, they can go to extra mile to discover and prove themselves in the sports.

Many schools have to the lottery system for students to access to the games popular sports like football, cricket. May not be your school, if you want your child to rule some sports. Check out the information on some online ports like http://www.schoolib.com to get the information on the kind s of sports facilities provided by the schools.

The vast gaming facilities require a huge infrastructure, thus fees for these schools is generally very high. In India, slowly the culture is coming where parents are giving the importance to the sports, which was lacking in the past. The participation of girls now is increasing rapidly, where girls are taking active part on most of the sports. Moreover college Sports create productive and responsible citizens, strengthening community feeling and create strong schools. Also we want our child to be a good sportsman along with a very good in academic. As early years have the most impact on the child, it’s important for the parents to research for the schools who provide good quality sports. Time to time there are school and college competitions at every level. Schools must comply with it, providing athletic opportunities by enrolling the girl students and having a continued expansion of athletic opportunities to girls. Many medium size school just have a playground, and sell it like they’ve all kinds of sports facilities. This includes athletics and sports also. Early age is best to learn integrity, collaboration, communication and good sportsmanship. The demand of schools providing good sports facilities is very high, and if one school is proving his superiority in the sports, of-course demand will increase as well. There are some who merely go for the fitness factor but many top schools take it very professionally and create sportsmen who can play at the district level, state level so that if somebody has interest and is good in some sports, he can join a sport institute as his career.

The importance for athletes in schools: Irrespective of, female or male athlete if you play to a very successful internal team, there are multi fold facilities for athletes. Skills continue to be refined during years of college and is the skill that eventually will make a success of student-athlete at work..

No doubt it’s fun to watch your kid participating in the sports events. This is very important advertising factor for the school. There was a mindset to have the child owning the academic excellence, even if he is zero in the sports but going by the opportunities, fitness factors etc parents have realized that sport is a part of academics.

Revenue: College Sports bring in money to the school in N number of ways. Many schools still manage by the vast funds they receive from the alumni, giving less burden to the students.

College Sports for Girls: It is illegal to discriminate against women in any program of education. Many colleges recognize sports as part of their core values, and help student athlete balancing between sports and academic career thus maintaining the highest level of integrity and sportsmanship.

We enjoy watching sports in college as pure entertainment

Greece starts assets sales with horse racing gambling license | Reuters

The election of Tsipras’ government in January on promises to end austerity and block “fire-sales” cast doubt on the future of Greece’s privatizations plan.

“HRADF…invited the successful bidder, OPAP ?nvestments Ltd, to sign the concession contract on April 24,” the agency said in a statement on Friday.

Privatizations have been a key demand of the country’s international lenders.

In a reform list sent to the creditors last month, Athens estimated privatization revenues of 1.5 billion euros this year.

(Reporting by Angeliki Koutantou; Editing by Keith Weir)

It has also said that it favors joint ventures and wants the state to keep a minimum stake in its assets to boost social security funding and protect workers’ labor rights.

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Betting on horse racing in Greece had been run by a state-owned group.

Greece has a series of ongoing tenders for the divestment of state assets, including the sale of a 67 percent stake in its biggest port Piraeus and the lease of a bundle of 14 regional airports to a joint venture led by German airport operator Fraport (FRAG.DE).

The government has made clear that it will honor all existing contracts.

ATHENS Greece’s privatization agency (HRADF) has invited OPAP (OPAr.AT) to sign a deal next week to acquire the country’s sole license for horse racing betting, the first state asset sale to be completed by the new leftist-led coalition government.

The agency announced in March it would proceed with the sale of the exclusive betting rights to OPAP, the country’s dominant gambling firm, which won the license last year after offering 40 million euros ($43.26 million).

Greek Prime Minister Alexis Tsipras told Reuters on Thursday that state assets were one of the thorny issues in talks with the EU/IMF creditors assessing whether the cash-strapped country can get further bailout aid