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Taxing Online Gambling Companies and Winnings

With last year's global financial downturn, those countries that have legalized online gambling came to heavily rely, unsurprisingly so, upon the revenues generated from legal online casinos and the taxes they generate. Most countries that allow legal online gambling impose some sort of gambling tax on either the gambling companies or the players making the winnings. How the tax is levied differs from country to country. Some countries choose to levy the tax on individuals bets (winnings, actually) while others (such as the United Kingdom) calculate it based on the gross profits or revenues of the casino operator. Countries such as Malta, Gibraltar, Antigua and Costa Rica have traditionally offered competitive tax regimes to attract online betting operators to set up business in their jurisdiction and stimulate the economy. Following the success of many European Union countries, the United Kingdom is set to overhaul its tax regime for online gambling. A number of British-based betting operators such as William Hill had voiced their frustration with the UK tax policy and threatened to relocate to offshore tax havens. The UK represents the largest online gambling industry in Europe but many other European countries are leading the way in finding new and innovative approaches to regulation and tax. Italy, for example, pressured online poker rooms and sportsbooks to take up regulatory licenses and pay tax which significantly boosted the country's revenues. On the other side of the Atlantic, in stark contrast to the United States, gambling winnings in Canada are completely income tax free. Thus, the bottom line is that whether you need to pay tax on your gambling prizes or not depends on where you are playing.

Non-Stop Bingo at the New Look Ruby Bingo

Ruby Bingo underwent a makeover recently and made the switch to the bingo market leader, Playtech. Following the launch of the new site, not only will you find Ruby Bingo's software easy to use but also a huge variety of games from which to choose. Naturally this draws a lot of players to the site meaning that no matter what the time of day or night you will find a game with a limit to suit your bankroll. There are even games beginning as low as 2 cents. Right now at Ruby Bingo you can get £16 free just for registering a real player account and without depositing a dime. But that's not all. After you make your first deposit, Ruby Bingo will offer you an impressive 300% first deposit match bonus up to £30. If you are not new, however, to Ruby Bingo and have already discovered all that they have to offer, their attractive loyalty program will not leave you feeling disappointed and left out. Just a quick glance at their promotions page and one can see that they offer and new exciting promotion just about every other day of the week with a competitive loyalty program to keep you coming back for more. One that thing Ruby Bingo has developed well above all others is their online bingo community which has been encouraged by its great chat feature. The Fun Chats allow you become more involved in the game and interact with other players to give you a genuine ‘bingo' feel. To begin playing today, simply go to the ‘Getting Started' page where you'll find all the information you need about how to launch bingo on your computer.

Tiger Woods Turns Down $75m Paddy Power Deal

Tiger Woods, who is working hard on rebuilding his image following the recent sex scandal that hit news headlines, has reportedly knocked back a huge $75 million sponsorship deal with Irish gambling company Paddy Power. The world's best golfer was offered a deal that would have earned him a sweet $15 million each year over the course of a five year deal, according to entertainment gossip website TMZ. But Tiger, who lost several major sponsors in the wake of the sex scandal - including Gatorade - might get another chance to sign with the Irish company, with Paddy Power reportedly gearing up to approach him with an even more generous offer in the near future. Woods announced on December 11 last year that he would take indefinite leave from golf to rebuild his marriage after admitting to cheating on his wife. He has been revealed publicly to have had affairs with at least a dozen different women. Meanwhile, there have also been reports in the media in the past couple of days that Tiger is back on the golf course preparing for his comeback, which could begin in two weeks at the Tavistock Cup, a team golf event in Florida.

Who's the Hottest Celebrity Poker Face?

The 14th Annual World Poker Tour - Shooting Star 2010 is taking place in San Jose, California these days. That was an excuse for the sexy guys' magazine Maxim to run its list of Top 20 Poker Hotties. As if an excuse is needed... Many celebrities attend the L.A. Poker Classic, including some better looking than others. The Maxim list does a fair job in presenting the hottest texas holdem poker players on the planet. These are poker players you are not likely to keep a poker face when playing against. Celebrities and starlets on the list include:     * Cameron Diaz     * Heather Graham     * Jenna Fischer     * Jennie Garth     * Jennifer Love Hewitt     * Jenny McCarthy     * Joanna Krupa     * Lacey Chabert     * Laura Prepon     * Mena Suvari     * Odette Yustman     * Pamela Anderson     * Rosario Dawson     * Sarah Silverman     * Serinda Swan     * Traci Bingham Also included on the list of poker babes are top female pros Vanessa Rousso - EPT Grand Final High Roller's 2009 event winner, Shannon Elizabeth, Jennifer Tilly and Tiffany Michelle, in the picture below.

Betting on American Idol 2010 Winner

Today is the elimination show on the ninth season of American Idol. Betting on the winner among the final 12 contestants begins after the show. It is the annual celebration of pop meets gambling. Though odds are already posted on Betfair and a few select online sports books, it should be noted that last year's winner, Kris Allen, was a mere 60-1 favorite. Perhaps this means you should bet now on your favorite underdog before odds catch up. Are you ready to place your bet on the next Kelly Clarkson? With a handful of judge favorites, no clear front *runner is competing in American Idol 2010. Male favorites are Casey James, Michael Lynche, and Aaron Kelly. Female favorites include Crystal Bowersox, Didi Benami, and Lacey Brown. The gender of the contestants, and eventual winner, is yet another parameter you can bet on at Betfair. American Idol Odds Season 9 The gambling action expected starting tomorrow threatens to outshine the departure of celebrity judge Simon Cowel, who announced earlier this will be his final season on the FOX Channel show. Sign up to join Betfair, a leading sportsbook with a unique Matched Bets feature, where you can bet against fellow punters. Betfair offers £10 back for your first £10 deposit, making your first bet practically free. Though betting opens on March 12, this is a good time to open an account with Betfair, get familiar with the betting service and giving hard thought to your favorite to become - American Idol. Current Odds At the time of writing, Crystal Bowersow's odds were set to 3.2. Trailing her are: Siobhan Magnus 7.8 Lee DeWyze 9.6 Casey James 12 Andrew Garcia 13 Lilly Scott 27 Katie Stevens 42 Alex Lambert 20 Didi Benami 14 Katelyn Epperly 25 Paige Miles 95 Aaron Kelly 75 Michael Lynche 13 Lacey Brown 38 Todrick Hall 90 Jermaine Sellers 500 Tim Urban 65 Tyler Grady 320 Ashley Rodriguez, Joe Munoz, Haeley Wheeler, John Park, Michelle Delamor at 1000.

bwin Poker Leading the Way

As bwin Poker is one of the oldest online poker rooms, it is a true veteran of the industry and this wealth of experience has created a huge base of devoted followers who recognise that it is a cut above the rest. Playability and security, for instance, are things that bwin Poker has had time to develop to perfection. As with most online poker rooms, the highest volume of traffic can be found at the Texas Hold'em tables and there are limits to target all level of players from beginners to pros. But of course bwin Poker's collection of games is complete with all the other popular poker games such as Omaha Hi, Omaha Hi-Lo, Five-Card Draw and Seven-Card Stud Hi-Lo. All of these games can be played with pretty high stakes. Bwin Poker is a member of the OnGame Network and its poker rooms are simply and sleekly designed to ensure maximum usability and reliability. You also have access to all the statistics of a game that you could possibly want such as players per flop, average pot size, number of hands played per hour and a database of the hands played. There are games available at all limits and various table sizes plus plenty of satellites and live tournaments all day long so you are guaranteed to find something that you are looking for at your level of experience.  At peak times there can be as many as 8,000 players sitting at the tables. There are also many qualifiers to the big poker events such as the World Series of Poker and the World Poker Tour.

Microgaming Offers Three Brand New Slots

Online slot machine giant Microgaming has done it again, with the release of three brand new games for its bingo sites. The company has also launched a new blackjack game. The first of the slot games is Age of Discovery, a 5 reel, 25 pay line video slot with an adventure and mystery theme. The slot features wild and scatter symbols, and a bonus feature that is triggered by the simultaneous appearance of three or more scatter symbols. Dogfather makes fun of the mafia, with a dog featuring in place of the Godfather. Also a 5 reel video slot, the game has two scatter symbols and one wild. It includes a Mark your territory bonus, which allows players to pick four fire hydrants to reveal a jackpot. The last of the slots is Thor Blimey!, a 3 reel, 5 win line fruit-style game with a Viking theme. Also on offer is Premier Blackjack, which gives players a choice of 32 tables to play at. Players can place bonus bets, attempt for multiple win on high win tables or bet on Hi-lo blackjack tables. The four new games can be found at all bingo sites powered by Microgaming software, including Giggle Bingo, which was launched in September last year and offers a full variety of banking options and payment solutions, targeted particularly at British and Canadian customers.

Colossal Prizes at Party Poker

Party Poker has climbed to the top of the ladder of online poker sites possibly due to its array of original and tempting promotions. Thanks to their user friendly software, impeccable customer service and tournament action, Party Poker has managed to hold securely on to the number one position. Party Poker fans might recall the impressive Gladiator promotion that it ran in the past. It is now back for one short month with even bigger rewards than before. From now until the 1st April, up to $7,500 in cash is up for grabs plus a $12,500 WSOP Main Event package which includes the $10,000 main event buy-in, hotel and spending money. To score an entry into the $10,000 freeroll you need to hit the daily minimum target of 10 Party Points for five days (which needn't be consecutive days). The more days you win points over, the larger the prize will be. Plus, another one of Party Poker's famous events has returned to the scene with the kick off its Monthly Million's poker tournament earlier this week. On the first Sunday of every month, there is guaranteed prize pool of $1 million. You can join in the qualifiers with as a little as a dollar to land a spot in the main event. When this event was run previously, there possibly more than 70,000 players at peak times ensuring plenty of action and a poker room at your level.

Giggle Bingo Celebrates Marvelous Mums

The mother of all giveaways is taking place between 5th and 14th March at Giggle Bingo. This new event will see £6,360 worth of prizes from daily promotional games at the online bingo site. The bonuses increase with each line won, with one line nabbing you a nifty £1 bonus, two lines a £2 bonus and a full house resulting in a £3 reward. Plenty of Play Giggle Bingo has a range of 75 and 90 ball online bingo games to choose from in addition to daily, weekly and monthly promotions. There is also an impressive array of popular slots, video poker, casino and table games available. Giggle Bingo may well have you laughing all the way to the bank, as in addition to their regular bonuses there are big money progressive jackpots on offer too. Countless Cash A no deposit bingo bonus is available via an instant £5 sign up bonus followed by a terrific 200% match bonus on your first deposit up to £100. Not ones to rest on their laurels, Giggle Bingo follow this up with a further 50% recurring bonus for future deposits. Giggle Bingo is a buzzing bingo hall so keep your eyes open for the best site promos as well as the Marvellous Mums game schedule. But don't keep mum - spread the word to others - this particular promo is short and sweet so mums need to rush to take advantage of it now.

A Busy Fall at Rummy Royal

Rummy may once have been granny's favorite Sunday afternoon pursuit but sites such as Rummy Royal have brought the game into the twenty-first century and it is rapidly catching on as a great online skills game. This fall is particularly busy at Rummy Royal so we decided to highlight what's going on for OCR readers. New Players' Paradise The site caters for newbies and pros alike. There is a rummy school as well as demos of popular games such as Gin Rummy and Kalooki 21. The site has a range of free and low stake games to allow players to build up their experience and confidence. They also have a 90 day deal involving Royal Star rewards, for those taking their first steps at Rummy Royal. In addition, beginners games are on offer 24/7 and an attractive sign up match bonus of up to £/€/$200 is up for grabs. March Multi Table Tournament Sunday 14th March sees the start of a massive $30,000 multi table tournament at Rummy Royal. The buy-in is just $100 and enables you to rebuy your way back into the game up to three times. Rummy buffs have been taking part in daily and weekly tourneys to qualify and those who failed to win their entry ticket had a final chance via Sunday freerolls.   Now, with the momentum building, all are anticipating the main event. Prizes for 100 millionth round of Rummy Well we told you online Rummy was taking off and here's the proof. Rummy Royal are coming up to their 100,000,000th round of rummy and to celebrate this momentous occasion are offering the player that spots this playing historic table and then plays on it, a host of special prizes. The generous guys at Rummy Royal are even going to award half the prizes to anyone playing the table who did not notice it was the 100,000,000th hand. The luckiest one of all though, is the winner of this table, who, on top of the regular prize will bag $500 cash and unlimited reload bonuses for 3 months! With so much going on and a host of regular online skills games and bonuses that provide thrills in their own right, Rummy Royal is the place to hang out this fall.

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