While Internet gambling is technically not illegal in the United States (the Wire Act refers only to gambling over the telephone), 70% of the world wide offshore gambling business is attributed to Americans. This is mostly due to the fact that US law imposes restrictions on the income from online casinos. Gains must be declared, while not taking into account any losses made. With this legal restriction, many casinos have decided to pack up and move their business overseas.
Offshore Gambling sites are the solution to an international resistance to online gambling. Internet gambling is not legal in some countries, so one solution created by online casinos is to move their businesses overseas to a more sympathetic country. Since their business is conducted online, the physical location of their offices and facilities do not really matter. This is what is known as offshore gambling, and refers to the lack of jurisdiction over these casinos by any particular nation or state.
Many Internet casinos and poker rooms are thus evading US law (while still being able to service US clients) by setting up shop in Gibraltar, the Isle of Man, and other more liberal places. The costs involved in transferring to other countries are negated by the fact that the online gambling business is now worth approximately $2.4 billion, and is still growing in popularity.
Because of the lucrative nature of this business, most casinos continue to look for loopholes in the laws that countries implement to regulate online gambling. For instance, although the United States has technically banned advertising for online gambling on magazines, television, and the Internet, savvy advertisers have found a way around it. Instead of directly advertising the casino part of their websites, they advertise tutorials on how to play poker (for instance) which uses only play money. But a link to the actual casino would be there somewhere for the gambler to sniff out.
But gamblers at these casinos should of course be more wary. Precisely because these
are 'offshore' and thus beyond jurisdiction, the players are not as well-protected as they would be if they were playing in a land-based casino. Because of this, some organizations have been formed to act as watchdogs for these offshore casinos, protecting the players and enforcing some security.
Lottery Vending machines make it possible for the average person to become rich, maybe even a millionaire, anywhere and at any time. They just put a dollar, or maybe a few dollars, into the machine, get an instant scratch ticket, scratch, and hopefully win big. They are normally placed in high traffic areas like, for example, the front doors of supermarkets where the number of people that pass by it is maximized. These vending machines generate a lot of money for their respective lottery corporations.
Lotteries that have lottery vending machines tend to generate more revenue than lotteries that do not. The main reason is that it increases the number of places that consumers could purchase tickets. Whereas, without the machines, people would have to buy from a retailer during business hours, the machines provide for many different sales venues, sometimes 24 hours per day.
Lottery vending machines tend to be quite colorful too, making them hard not to notice. Not only do the machines tend to have highly attractive colors, the tickets lined up inside tend to be colorful too. People that pass these machines, thus, notice them because they tend to stand out.
Consider some sales numbers – According to a report, in 2006 combined sales from lottery ticket machines was more than $2.3 billion in the United States. Because of this, more and more worldwide lotteries are starting to use the machines to supplement retail sales.
So, the next time you pass one of these lottery vending machines, you’ll know why they are there. Perhaps, you’ll even try your luck and win some money!