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Dear Valued Player,
As a result of the recent internet gaming bill in the USA, the Casino Golden Palace Online partner sites will no longer allow gaming by USA residents.

All USA players are Welcome to Golden Casino, a company that is committed to providing uncompromising gaming and service to their customers.

We believe that compliance with the new laws is paramount, we hope people will exercise their right to challenge government policy and voice their opinions.

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Hawaii Gamblers Have Taxing Problem
Hawaii does not have any casinos but that is not stopping the state from collecting revenue from gambling activities. A change in the tax code could net hundreds of thousands of dollars for the state from the residents who gamble in other states.

Under a new law, gamblers who win a jackpot will be required to pay taxes on their winnings, but they will not be able to deduct their losses. If a video poker player loses $3,000 playing video poker and then hits a $4,000 royal flush, they will have to pay taxes on the $4,000. Under the old tax law, the player would have been able to deduct the $3,000 loss and only pay taxes on the $1,000 net win.

Hawaiian lawmakers pushed for the change to help ease the state's multi-billion dollar deficit. Governor Lingle has until July 15th to veto the new tax code or it will become law. Many gamblers in the state feel that the new law in unfair and unjust. Over the course of a year most gamblers will lose money and it is unfair that they are taxed on the few times when they get lucky.

Hawaii Gamblers Have Taxing Problem originally appeared on About.com Casino Gambling on Monday, June 22nd, 2009 at 22:21:56.

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Leave the Credit Cards Home
I was at the casino this morning and when I was getting ready to leave I went to the casino cage to cash in my chips. They only had one window open and there were three people in line ahead of me. I waited in the line for 25 minutes before it was my turn. This was because two of the three people in front of me were taking a cash advance on their credit card.

I was aggravated that I had to wait in line while these lengthy transactions were taking place but at the same time I almost felt a little sorry for the people who were financing their gambling with their credit card.

One of the reasons that the country is in such bad financial shape is because people have over extended themselves by charging things that they cannot afford. Credit card debt is rampant and it is the major reason why many people are having financial difficulties.

The sad truth is that for the most part it could be avoided if people would curb their spending and avoid using credit cards for unnecessary purchases. Taking a cash advance on your credit card to gamble in the casino is a perfect example of an unnecessary purchase and it may cost them more than they realize. If you do not have the discipline to play within your budget, you might want to leave your credit cards home when you visit the casino.

Leave the Credit Cards Home originally appeared on About.com Casino Gambling on Friday, June 19th, 2009 at 14:46:44.

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Leonard Cohen Adds European Tour Dates (ChartAttack.com)
Legendary Canadian singer/songwriter Leonard Cohen has added 31 European dates to his almost sold-out world tour that started last May.

An 18 Month Losing Streak
I received an e-mail from a reader who wrote:

I have done what I thought was virtually impossible: I have had 18 losing months in a row, playing baccarat, American Roulette, and some blackjack. In this time, I have NEVER put together one decent run of luck. Is it possible that the casino could be rigged? Magnets in the roulette wheels? Card shufflers being controlled by an eye in the sky? I have been telling myself this is not possible. How long can someone keep losing?

I wrote back and told him that I did not think the casino was cheating unless everyone in the casino was losing. If that was the case then the casino would probably be under investigation. As to how long someone could keep losing, the answer is, "as long as they continue to gamble."

I suggested that he either lower the size of his bets or take a break from gambling for awhile. Sometimes taking some time off will change your luck. Although 18 months is a long time for a losing streak, it is not impossible. What was your longest losing streak?

An 18 Month Losing Streak originally appeared on About.com Casino Gambling on Wednesday, June 10th, 2009 at 22:30:27.

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Positive Progressive Systems
My friend Rich and I were playing craps the other day at the casino. We both bought in for the same amount but at the end of our playing session, I had won much more money than he did. We both were playing at the same table, betting on the same shooters yet our results were very different. This led to a discussion about how we were betting. I was using a positive progression on the hot shooters while Rich was flat betting the same amount and never raising his bets. He told me that he did not believe that progression systems worked in the long run so he always kept his bets the same.

Many players feel this way and it is true that no betting system can change the house edge, however a positive betting progression can take advantage of a winning streak and increase your winnings during the course of a playing session. Using a positive progression system is when you increase your bets as you are winning. Here is a look at positive progression systems.

Positive Progressive Systems originally appeared on About.com Casino Gambling on Friday, June 26th, 2009 at 10:44:40.

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Gate To Wire Signs LOI With Signature Gaming to Provide Wagering Solutions (Marketwire via Yahoo! Finance)
Gate To Wire Solutions, Inc.,, a pari-mutuel wagering solutions provider and advisory organization to international horseracing and gaming interests, has announced that it has entered into a Letter of Intent with Signature Gaming Management Peru, S.A.C. to develop a gaming interface for both Simulcast and Online Account Wagering for SGM's projects in Peru.

Mural represents progress of city, artist (Las Vegas Review-Journal)
Ozzy Villate is contemplating the world. It's not popping out enough.

Colorado Casinos Raising the Limits
When casinos opened in Colorado in 1991, the only games offered were slot machines, blackjack and poker. Gamblers were limited to making a maximum bet of five dollars on the blackjack and poker games. Under State regulation, casinos had to close between 2:00am and 8:00am.

Last November, voters approved Amendment 50 which raises the maximum bet from $5 to $100 and allows the casinos to offer craps and roulette. It also extends operating hours to 24 hours a day.

The higher limits and new games will go into effect at exactly 12 a.m. on Thursday, July 2nd and the casinos are looking forward to a very busy holiday weekend to celebrate their new independence from the old regulations.

Colorado Casinos Raising the Limits originally appeared on About.com Casino Gambling on Tuesday, June 30th, 2009 at 08:55:57.

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Recent Big Jackpot Winners (Online Casino Reports)
How would you like to chalk up $40,000 a month playing your favourite online casino game? Well, that's exactly what Michael J did playing slots on line.

Gate To Wire Signs LOI With Signature Gaming to Provide Wagering Solutions (Marketwire)
TORONTO, ONTARIO--(Marketwire - April 23, 2009) - Gate To Wire Solutions, Inc. (OTCBB:GWIR), ("G2W"), a pari-mutuel wagering solutions provider and advisory organization to international horseracing and gaming interests, has announced that it has entered into a Letter of Intent with Signature Gaming Management Peru, S.A.C. ("SGM") to develop a gaming interface for both Simulcast and Online ...

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