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Laws in Cyprus to Permit Online Casinos

Earlier this year, the Cypriot government made a decision to address the issue of online gambling, in the country in hopes of positively affecting the country with reforms to play their best free slot games and table casino games online. As of right now, the government of Cyprus is extremely serious about changing the country’s online gambling laws in hopes of helping their bleak financial situation through taxes.

The finance Minister of the country, Kikis Kazamias, has said that his team is preparing a legislation for regulated operation of online casinos in Cyprus. Kazamias has recently stated to the House Commerce Committee that, “Many among us would probably never enter such establishments during our lifetime, but this does not mean that we should not respond to the needs of the age, taking into consideration the public interest.” This are definitely great news for online casino lovers in the country and possibly in other countries in the region. The news are predominantly great too since previous administrations have denied reforms to the online gambling laws many times in the past.

Back in 2009 president Christofias did not care about the fact that Greek Cypriots were spending their earnings elsewhere instead of spending them at online casinos in the country and helping towards fixing the financial crisis. He soon added that as long as he was president these regulations and laws towards online casinos in the country would not change. However, things are different now and with economy suffering and budgets not being enough, proponents of this law are counting on the notion that Cyprus must not ignore a sector that could easily bring much needed revenues to the country’s dire situation. Online casino supporters believe that this new legislation will keep the money invested in off-shore gambling within the country.

Ireland Proposes New Tax for Online Gambling Sites

Just recently, Ireland’s Minister of Finance, Brian Lenihan, released a budget that confirms what many online casino slot lovers have feared this year: the Irish government is planning to tax online and telephone casino and sports betting. In other words, the government is working towards placing a tax on all bookmakers, including casinos and sportsbooks, who take bets from Irish citizens, regardless of the location of the website. This proposal also includes modernizing horse racing schedules and bookmakers’ opening hours, and regulating and licensing online casinos.

At the present time Ireland levies a 1% betting duty on all transactions between Irish citizens and Irish online betting sites located within the borders of the Emerald Isle. Nevertheless, all casino and sports betting wagers placed online or via telephone with sites outside the country are not affected by that tax. In order to fix this situation and increase the country’s revenue, Lenihan wants to apply the tax to those casinos overseas if they conduct financial transactions with Irish citizens.

This week, Minister Lenihan proposed the Annexes to the Summary of 2011 Budget Members. This new proposal states that “the Irish government intends to include provisions in the finance bill and revise the Betting Act 1931 to ensure that all bookmakers taking bets from Ireland will pay 1% duty on those bets in the same way that betting shops currently do.” However, collecting this tax from foreign-owned and foreign-operated betting companies will not be an easy task and Ireland would have to go as far as creating a licensing framework and refuse to allow unlicensed bookmakers to do business with the Irish. Even before awarding licenses to overseas casinos and sportsbooks, the Irish government has to ban all of the existing foreign sites, which would violate the EU’s free trade rules. However, Minister Lenihan will try to work things out and bring in additional revenue for Ireland.

Nepal Continues to Discriminate Against Online Casinos

Many countries around the globe have similar views regarding online casinos and online gambling sites. It doesn’t matter if the sites offer some of the best casino games for free, such as slot machines or blackjack, they are not welcomed. Places like the United States has been battling online gaming for a great numbers of years now, but then again the government contradicts itself by allowing state-run lottery and brick and mortar casinos gambling. Other places like Nepal also have confusing laws regarding gambling and have launched serious operations on local casino operators.

In Nepal, people are not allowed to gamble just like it happens in many other countries in the world were gambling is considered illegal and in some cases even immoral. However, what’s contradicting with the anti-gambling laws in Nepal is that in reality the gambling industry is one of the biggest sources of income in the country. Of course, not from Nepalese citizens but from the many tourists that visit the country every year.

Nepal opened their first casino back in 1968 and currently operates eight casino resorts in the capital city of Kathmandu. The casinos have special government licenses that only allow them to admit foreign customers and are constantly screening their customers in order to avoid local from taking part in the action. Police in Kathmandu conduct regular raids on these 8 casinos and more than 28 arrests have resulted from attempts of Nepalese residents of entering these sites and playing casino games. The government is also against online gambling and is working towards the creation of a law that discriminates against these actions as well. Right now, those citizens that are found in violation of the law are fined with a 200 Nepalese Rupees tickets and could go to jail for one year if they are found guilty a second time.

Good News Are Always Welcome for Online Slots

The online casino community is unstoppable. People use their free time to play at their online casino free slot games or perhaps to make an extra buck or two. Many people play online casino games such as slots and poker for free and just to kill some time. Not everyone who uses online casinos has a problem with it. In the spirit of showing people how online casinos are a serious business, folks at Reading in Pennsylvania recently announced that they will offer students a chance to take an online casino course at one of their local colleges.
This particular school aims to show people how these days things are different and that with evolution comes change in the classrooms. Most college students are preparing for a new school year and this year a few college students will have the chance to take a class that few have before.
Granted, most college kids already know how to play a few casino games like craps, blackjack or poker. Others might have a thing for slot machines as well. This course, which will be available for Reading Area Community College kids, will be about table games in the online casino world.
The dean, John Devere, has stated that even when there are no land-based casinos near the area, he feels that the future of this industry relies on the online casino industry. A curious thing to note, is that the course will be computer based only, and no physical teachers will be imparting the class, rather they can be located anywhere within the US and teach the course virtually. This will be an online course with the possibility for students to learn about table games and in the future apply for a job at a land-based facility or an online casino.

Reading will certainly become a pioneer town with such an interesting education option, and most likely more and more schools will follow the example. A lot of students can benefit from leaning about a growing industry and the possibility for future employment is not something that can’t be taken seriously.

The Legality of Online Casino Slots

Online gambling and even free online slots have had a very difficult time when it comes down to legality as it seems to fall into a legal grey area. There are many different jurisdictions with different laws and terms, making it difficult for both individual players and gambling enterprises.

In the United States, the laws that revolve around online gambling are pretty unclear at the moment. Although it is technically illegal in most parts of the United States for folks to gamble online, it is very difficult to prosecute and convict anyone for this since players do most of their gambling from the personal quarters or houses. Also, companies that may seek to operate their online gambling business from the United States may face criminal charges and thus are advised to take their online casinos business to other countries like New Zealand, some provinces of Canada, South Korea, Costa Rica, Finland, Australia, Denmark, France, and Germany.

In recent years, Europe has made it evidently clear with their treaty of fair trade, that they are a community which stands on a pro-online gambling position. Before the formation of the European Union, each country in Europe had their own laws and regulations in their specifics gambling sectors where most of the countries were in favor for online gambling. There have few attempts from individual member states to pass legislation against online gambling, in some cases there is a no gambling policy in their areas, but in the case of France and Germany , lawmakers have sought to end online gambling in order to protect heir state-owned gambling monopolies.

In the U.S, many different states have made attempts to pass harsh laws against online gambling, but the very separation of states has made it hard for lawmakers to see eye to eye in all the different laws regarding online gambling. These days however this is quite different with the anti-gambling legislation called the Unlawful Internet Gambling Enforcement Act of 2006. Nevertheless, there is still a lot of room for discussion as in reality no federal law exists preventing U.S. citizens from engaging in online gambling.