webdev
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2012/08/06 14:10
#294690
Manne wrote:
The U.S. is losing billions of dollars in gaming revenue and taxes due to restrictions on unregulated online gambling hosted offshore. As the Great Depression lead the way for legal gambling in Nevada in 1930, the Great Recession has seen many financially challenged governments relax restrictions on land casinos, as well as online and mobile gambling.
In addition, according the Juniper Research, social gaming, driven by the popularity of smartphones and tablet devices is projected to generate $100 Billion in revenue by 2017. Following the clarification by the U.S. Justice Department that the UIEGA online gambling ban only applies to sports betting, a state-by-state race to regulate online gambling in the U.S. has begun.
Geo-fencing via smartphones is the key technology to ensure regulatory compliance. Land casinos, social gaming networks, racetracks, and gaming device suppliers are scrambling to gain market share in the emerging world of global gaming convergence.
Read More: The Golden Age Of Gaming - Seeking Alpha
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2012/08/05
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The comments were made at the inquest into the death of mine worker Mark Dahlenburg, 41.
The court heard he purchased a stimulant powder referred to as DMAA online for $29.
He consumed half a teaspoon and suffered a cerebral haemorrhage.
It is understood fellow workers introduced him to the substance because they believed it would not be detected in routine drug testing.
Read More: Internet drug buyers gambling with life: inquest - ABC News (Australian Broadcasting Corporation)