Gambling has been quite dominating as an industry for quite a while now. Many people are taking it as a form of business rather than a form of entertainment.There have been about four hundred and forty five casinos in the United States and the number has still been growing. No wonder you find many people taking to gambling as a business as it gives more opportunity to make money. Many business minded people take to it as it is the trend now.Like any other sort of business, gambling also needs careful management and also needs to make use of methods which are strategic to increase the potential of earning money.Skill or Luck?Most people think that if you are operating a business you will need a lot of luck and also be skillful in business.The same thing applies to gambling as a business also. Gambling relies on luck, but the people in this business should make sure they are not relying on it totally. Determination and skill are what is important and not luck in this sort of a business.In business also you may not always make profits. There are chances of losing money. but however, you need to make sure you are managing it well and also taking the right measures to be successful.Things to be consideredA gambling business also involves a huge amount of money. if there is no money you can not continue to run a gambling business.Running a gambling business is in no way a scheme to get rich as fast as possible. Therefore, you need to make sure that things are going rightfully with the law.Good planning is a key to success in this business. With no good planning you can not be sure to succeed. Planning also gets the business on the right track. It also helps the owner in making decisions the right way.Dogged determination is what is required. Surveys have been showing that about 65% of the businesses are not being able to succeed mainly due to a few trials.Good accounting skills are also needed if you want to go on with a gambling game. This is because gambling does involve huge amounts of money and hence you need to make sure you have good accounting systems.The conclusion is that running a gambling business is not as simple as any other sort of business. It needs good combination of a lot of things. Most importantly luck is not the main criteria.
Ok we are back with our discussion on offshore gambling…
In the previous post I touched on some basics pertaining to Internet gambling and some key points on how to find a great offshore gambling casino. In this article I will talk more about how online gambling came to be and where the future lies for this industry.One of first known countries to capitalize with offshore gambling was the Caribbean country of Antigua and Barbuda in the early 1990’s. The Antiguan government legalized online gambling and this resulted with millions of Americans betting overseas creating such a ruckus with the US government with trying to make Internet gambling illegal. The US government has put so many secure tax restrictions on declared winnings and losses with casinos that it is not some revelation that makes online gambling retailers operate overseas. When a casino operates offshore, laws for that particular state or even country no longer apply and the business can now run their online games as they see fit.The only way that I can see offshore gambling failing is if the all countries join together under some magical law and cancel the Internet and computers all together. The chances of that happening are not very likely to say the least. On the other hand without the Internet offshore gambling would be history as it serves as the catalysts for all it has to offer. The typical online gamer is provided with vast options on an unmatched scale. Conventional casinos force the player to be at a certain location in order to gamble, with online or offshore gambling you have an endless array to chose from, like playing from the comfort of your own home or friends house, to playing on your cell phone while waiting to board at the airport, basically the offshore gambler can play anywhere in the world. And the best part of the whole offshore gambling experience is that a really eager person can still find a decent casino online that offers really fun and entertaining games as well here it comes, as an American still be accepted to play in that casino. How great is that!To be continued……..
Gambling is big business in America. Every year, it earns the gaming industry billions of dollars in net revenue. We spend more money each year on legal gambling than on movie tickets, recorded music, theme parks, spectator sports, and video games combined. Lots of people gamble. But some people can’t stop – no matter what the cost.Gambling addiction, also known as compulsive gambling, is a type of impulse-control disorder. Compulsive gamblers can’t control the impulse to gamble, even when they know their gambling is hurting themselves or their loved ones. Pathological gambling has been recognized as a major addiction illness, similar in many ways to the chemical dependency of cocaine.What’s the real issue?Problem gambling isn’t just a financial concern. It is an emotional problem that has financial consequences. If you pay all of a problem gambler’s debts, the person will still be a problem gambler. The frequency of a person’s gambling does not determine whether or not they have a gambling problem. Even if they go on only one gambling binge a year, they can still hurt themselves and their families.SymptomsThe National Council on Problem Gambling recommends that gamblers who suspect they might have a problem, to ask themselves these questions:1. Have you often gambled longer than you had planned?2. Have you often gambled until your last dollar was gone?3. Have thoughts of gambling have caused you to lose sleep?4. Have you used your income or savings to gamble while letting bills go unpaid?5. Have you made repeated, unsuccessful attempts to stop gambling?6. Have you broken the law or considered breaking the law to finance your gambling?7. Have you borrowed money to finance your gambling?8. Have you felt depressed or suicidal because of your gambling losses?9. Have you been remorseful after gambling?10. Have you gambled to get money to meet your financial obligations?If you answer yes to more than one question, you may have a problem. Get treatment.To Find HelpGamblers Anonymous is a fellowship of men and women who share their experience, strength and hope with each other to help others to recover from a gambling problem. For help, call 888-GA-HELPS (888-424-3577)