Ohio Offer 33% Tax Revenue

March 22nd, 2009 admin Gambling News 0

US Midwestern state Ohio has attempted several times to get voters to grant casino gambling though that was unproductive. Ohio’s lawmakers are now taking a different shot at it. The proposal is that they are going to offer a new revenue tax rate. And the rate is low in comparison to any other states in the country.

The proposal comes from the Ohio Jobs and Growth Plan in light of the current recession in the USA. The administration hopes that the new plan would create more jobs at a time when a lot of citizens in Ohio are losing their current employment. According to source, the new tax rate for revenue from gambling industry will just be 33%. Spokesman for the plan, Bob Tenenbaum said “The decision (on the tax rate) was not based on what other states were doing, but rather what was fair for Ohio. Fairness was the biggest factor in coming up with this proposal”.

On the other hand, Maryland (state) taxes casino revenue at the rate of massive 67% whereas Pennsylvania has just expanded the casino options. The current tax revenue here at 55%. A proponent of bringing casinos to Ohio Senator Bill Seitz said “It’s not necessarily the plan I would have written, but I don’t have millions of dollars to push the plan I would have written. Let me say that I was more enamored of the Learn and Earn proposal than I am of this one.” The recent plan has already an uphill battle in Ohio, with voters shooting down a number of proposals over the previous decade.

Bingo.com Gets LOI for Maltese Gaming License

March 19th, 2009 admin Gambling News 0

Bingo.com Operations Limited has accepted a letter of intent from the Malta Lotteries and EU Gaming Authority to grant it a remote gaming license.

Bingo.com Ltd.’s wholly-owned Malta subsidiary is now able to advertise its products in the U.K. Bingo.com’s associate software is powered by Income Access, which offers affiliates a diversity of tools and marketing support that will further allow them to obtain benefit of this new opportunity. Under the terms of the letter, Bingo.com, subject to certain circumstances, is free to launch and activate its gaming website from a hosting facility in Malta. After registered in affiliates listing of the Bingo.com, affiliate program will begin at a flat 30% revenue share charge and can make use of the power of the profits access affiliate software system to make best use of monthly affiliate commissions. The Company’s CEO, Tarrnie Williams said,

Launching Bingo.com from Malta is a significant step forward for our organization. We are now free to begin marketing in the United Kingdom and are able to expand the reach of our affiliate program to new and popular websites. We chose Income Access to manage our affiliate program because they have extensive experience in the gaming sector and provide fantastic affiliate software. Bingo.com is well positioned to grow its business in the U.K. through its extensive affiliate network.

Get the variety of bingo games you want

March 12th, 2009 admin Bingo 2 Comments

Online Bingo
It seems to day that most internet bingo sites are cut from the same cloth. They offer bingo games with a few variations and from time to time you might come across online keno, slots, or video poker. But when it comes to variety there’s only one site that can truly say that they offer a wide range of games to appeal to online bingo players. Bingo Vega is simply the best internet bingo site when it comes to different choices. You’ll find variety in their games, variety in their jackpots, and even variety in their promotions.

Bingo Vega is widely considered to be among the best bingo sites available. This is because of a number of factors but namely the range of games that you can play. Most people are looking for an online bingo site with variety, and certainly online bingo is the most popular game at Bingo Vega. Still, Bingo Vega takes it a step further and brings a casino to your living room by offering not only bingo, keno, slots and pull tabs but a great range of table games as well. At Bingo Vega you’ll be happy to discover that you can play roulette, black jack, craps, and table poker.

In addition, with online bingo at Bingo Vega you’ll find the biggest jackpots of any online bingo sites. Thousands of dollars in progressive jackpots are awarded daily and there are frequently guaranteed jackpots in excess of $1000. Plus the variety of promotions that are offered at Bingo Vega is unparalleled in the world of bingo. There are regular jackpot promotions and bonuses that make Bingo Vega one of the most lucrative sites to play. If you’re looking for variety, you’re guaranteed to find it at Bingo Vega.

UAW Wants New Agreement

March 5th, 2009 admin Casinos 0

casino1The healthy businesses just keep getting worse, day by day, for Atlantic City (AC) casinos. Consequently, two of AC casinos are expected to be sold very soon though the current proprietors can be in for a battle just before the sales go on. The two casinos are Tropicana Casino and Resort, & Trump Marina Hotel Casino.

The United Auto Workers (UAW) is the representing dealers at the Tropicana Casino and Resort. It wants a new agreement for their workers. UAW understands what is happening financially, but till now they believe there is middle ground that can be reached in negotiations. A Tropicana dealer Ernestine Dawkins said “We know these are hard times for Tropicana and for all the casinos. We’re not asking for the moon. We just want a fair agreement, that’s why we voted for our union in the first place.” It is noted that Tropicana is not the only casino that the union is going after aggressively. The UAW has already won the right to have a re-vote. If they win, they will start negotiations with owners Trump Entertainment Resorts. On the other hand, Trump Marina Hotel Casino initially did not have to worry about the union.

The ironic part of the present situation is that both of the casino owners can be negotiating a contract for other companies. The casinos are now in the process of being sold and whatever deal is reached will be part of the sale. In the circumstances, the union has threatened to strike at Tropicana. Already dealers and slot technicians have authorized the strike. However, they have yet to act on it. An ongoing talks are continue in the hopes that any suitable agreement can be reached. So, the people are waiting to see how the conclusion comes.