Online Casino Awards 2008

The Online Casinos  Awards 2008 Just Around the Corner

Oggs.com has long been the website of record when it comes to giving out online casino awards as for a number of years now they have been honoring excellence in the online casino industry. Their excellence starts with nominations of course, just like every other awards process and it is a sure sign that things are starting to be put in motion vis-à-vis the awards process when the site releases their nominations for the various categories. The nominations represent the contenders for each award within the grand scheme of their Global Online Casino Awards 2008.

The first awards category is the Best Online Casino for US Residents in 2008. There are five casinos that have made the nomination list in this category and they are All Slots Casino, Club USA Casino, iNetBet Casino, Intertops Casino and Jackpot City Casino. All five of these casinos are well known online casinos within the United States context and according to an analyst within the online casino industry that asked not to be named, any one of these online casinos would deserve to win the award. The general feeling at the moment is that Club USA Casino is in the running for the award, but with such a high class and competitive field, anything could happen in the end.

There is also a Best Online Casino for UK Residents in 2008 award and that award also has five different nominees. The nominees for the award are 32 Red Online Casino, Canbet Online Casino, Ladbrokes Online Casino, Paddy Power Online Casino and Virgin Online Casino. Once again the feeling is that all five are very deserving of the award and for that reason while someone might be tempted to guess Paddy Power for this award, the closeness of the competition means that as an overall category is really is just too close to call.

Finally, there is also a Best Online Casino for EU Residents in 2008 award which once again has five nominees: 32 Red Online Casino, Bet 365 Casino, Ladbrokes Online Casino, InterCasino and Roxy Palace Online Casino. Both 32 Red and Ladbrokes deserve a fair amount of praise for making it on the lists for both the United Kingdom and the European Union. There are several online casinos out there that specialize their services for one of the two regions, so to make the best of list for both regions is definitely an accomplishment in and of itself. Even if neither of them win an award, to be recognized as being among the top five without specializing in either region is fantastic for their public relations office.
Other awards that will be handed out during the Online Casino Awards 2008 will be the Best New Online Casino in 2008, the Best New Slot Machine in 2008 and the Best Overall Online Casino Group in 2008. Oggs.com is keeping the winners close to their chest for the moment, but you will be able to see the winners at the end of the year on their website.

Man Jailed for Illegal Online Casino Activities

MAN JAILED FOR ILLEGAL ONLINE CASINO ACTIVITIES
The People’s Republic of China has long been a government that has kept a close eye on the activities of its people but in recent years that close eye has let up somewhat, especially when its territory of Hong Kong is concerned. Hong Kong has long been an area that has been ambiguous as far as Chinese officials were concerned and for that reason it has also been a place that people have flocked to when they were looking to set up some kind of operation that they did not want the government to come down on them hard for.

This was certainly the case for a man named Tam Chi-Wai, a resident of Hong Kong that decided to set up an illegal gambling network across the entire country. He started in 1999 with a gambling house in the area of Myanmar and ever since that time has been expanding his network whenever he had the chance. It is perhaps a testament to just how differently people from Hong Kong are treated by the central government in Beijing that he was not only able to continue running his operation for about 9 years before being arrested, but also that he was able to make millions of dollars in the process. It truly is one of the more stunning cases of its type in the world today.

The man started running his casino operations all over the People’s Republic of China and once he had the funds to do so, he created a network of websites that were not only involved in online casino gambling vis-à-vis casino operations, but also betting operations. In fact, the betting operations ended up becoming far more successful for him almost as soon as he started with those types of websites and that in turn also explains why most of his later work had to do with adding to his network of betting sites rather than his online casino networks.

The amount of money that was wagered at his online gambling network almost came to 9 billion Yuan over the course of that period of time and the amount of profit he made amounted to around 300 million Yuan from that 9 billion figure. All of those profits were illegal, which essentially forced the hand of the government. Chi-Wai was arrested and is currently serving a jail sentence of eight years after being fined $2.9 million in US dollars. Once he gets out however, he will still have a fair amount of his money left to spend.

Additionally, it is important to note that this type of case is indicative of what could happen if online casinos in general were legalized and regulated. Not only would the government have the power to stop illegal online gambling networks such as this one, but they would also have the ability to crackdown on abuse by legal online gambling networks and in doing so create an online gambling atmosphere that is much better than the one that exists today in places like the United States