Author: Staff (Page 11 of 18)

Video game companies invest in gambling games

Here’s an interesting development:

3G Studios, a video game developer in Reno, is betting on online gambling.

The private company, with 47 U.S. employees, has hired almost 80 contractors in India and China and expects to have 200 dedicated solely to making gambling games by the end of the year. 3G is one of a handful of game makers jockeying for gambling business, expecting states, hungry for new tax revenue, to open the floodgates for Internet casinos.

Nevada is accepting applications for online gambling licenses, and in June, Delaware became the first state to approve online casino gambling for state residents, starting next year. Other states, including California and New Jersey, are considering loosening the rules for wagering on the Web after the Department of Justice reversed a longtime ban on many types of Internet betting in December.

Word is out that Zynga is also pushing their poker game for the same reasons.

There will be huge competition for poker players if we see national regulation, and the gamer companies will be battling the traditional casino companies.

The Myth Behind Slots

While not everyone goes to the casino, most people know what a slot machine is. These flashy, noisy games of chance are synonymous with casinos and are one of their most popular attractions. They appeal primarily to the recreational gamer who wants to experience the excitement of gambling without having to get too serious. Some people have even been lucky enough to win jackpots that number into the millions through slot machines.


Slot machine. (Photo credit: Wikipedia)

Through all of this excitement about slot machines, there has been a great deal of speculation surrounding their function. Some people have a misconception that the house has “rigged” the slot machine to eat more money than it gives away in jackpots. As a result, there are many myths floating that can supposedly increase your chance of winning. In most cases, these “myths” are simply a waste of time.

For the most part, success in slots is a combination of luck and a few basic elements that will ensure you do not waste your time and hard-earned money. Below are a few of these elements to incorporate into your slot playing.

Determine What Kind Of Slot Will Suit You Best

There are a variety of slots available at most casinos. These slots range from penny slots all the way to slots that take multiple dollars per round. As someone who is just beginning, going the route of small change slots are your best bet. This ensures you do not feed too much money into learning the process of playing slot machines. Similarly, trying your hand at slots on no deposit required casino sites is another viable option.

Know Your Betting Limits

Ensure you know your financial limitations. Set a limit prior to playing and monitor that limit accordingly. When you find that you are approaching that limit with few winnings to show, it might be time to break and move to another machine.

Manage Time At Slot

Time management is a commonly overlooked tactic in slots. Generally, you want to spend an average of 15 minutes per machine. When you reach that time, you should have a good idea of how the machine is performing and whether or not it is time to move.

In all, there are many myths surrounding the slot machine. However, aside from a little luck, all you need is a few simple guidelines to ensure you play smart. In doing so, you will eventually win without having lost too much.

Hilarious poker movie – The Grand

If you like poker, you’re probably going to enjoy The Grand, which was recently recommended by Premium Hollywood as a DVD pick. The movie basically spoofs the poker scene in places like Las Vegas and also the various types of poker players that you see regularly at poker tournaments. Check out the video below for examples.

Here’s what PH said about it:

While most sports movies tend to take themselves very seriously, with triumphant underdogs and platitude-filled speeches in their third acts, some sports just inherently lend themselves to comedy. Bowling is a great example of this, as evidenced by the success of films like the Farrelly brothers’ Kingpin and the Coen brothers’ The Big Lebowski. Poker is another, though the game itself is so relatively inactive that it’s debatable whether it should even be called a sport, and Zak Penn‘s underrated improvisational comedy The Grand takes full advantage of a poker tournament’s many humorous possibilities.

Rent the DVD and you’ll love it.

Cleveland’s new poker room is busy

The photo above captures the logo on the floor leading up to the poker room at the new Horseshoe Casino in downtown Cleveland. The new casino opened several weeks ago, and the poker room has been very busy.

Cleveland is a poker town. And this place is proof.

The Horseshoe’s 24-hour-a-day poker room has ranked among the busiest in the country since the casino opened May 14, according to Bravo Poker Live, a software application that tracks tables in use, the kinds of games available and the size of waiting lists at casinos nationwide.

Information for the Horseshoe poker room, found through the app, has received more than 85,000 hits, according to the software’s provider, Genesis Gaming.

A check of Bravo Poker Live at midafternoon Wednesday showed that the Horseshoe had 16 tables going, eighth among 100 that supplied data; early afternoon Thursday, the number was down to 11, but that was still good for a four-way tie for ninth out of 90 venues.

It’s been so busy that they haven’t been hosting tournaments since the cash games are more profitable for the casino.

Federal poker legislation still on hold

Don’t expect Congress to get its act together on federal poker legislation.

Don’t hold your breathe if you’re waiting for the Federal Government to regulate online gambling. That’s the gist of remarks made by MGM Resorts International CEO Jim Murren at the Southern Gaming Summit in Biloxi, Mississippi last week.

“It won’t be here likely at a federal level because the federal government is doing what they are best at, nothing at all,” he said in his keynote address. “It will be done at a state-by-state level and (MGM) will be actively engaged.”

Murren pointedly criticized house Republicans for their inaction on Federal poker legislation, “If it isn’t happening, don’t blame Sen. Reid. Blame the House Republicans. That’s where it is being held up.”

A number of states are racing to bring intrastate online poker networks online in the wake of the Department of Justice’s (DOJ) reversal on their interpretation of the Federal Wire Act last December. That move wasn’t necessarily as good for big casino companies like MGM Resorts as it might sound.

A patchwork of state-by-state gaming regulations creates major headaches for national firms looking for a piece of the poker pie. Another potential regulatory headache is that many states are likely to limit gaming licenses to companies with a physical presence in their borders.

The good thing is that the DOJ decision in spurring some action, even if it’s only at the state level so far. State action will then push the feds to do something.

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