Juliet Adelstein of Ganapati explores recent developments in South American markets.
- The biggest attraction in America’s Bookies’ online casino is easy access to Live Casino games. You can play popular table games such as Blackjack and Roulette with the help of a live dealer.
- The same is true of online gambling, as American players spend billions every year playing online casino games at government-run and offshore casino sites. Poker Whether it’s live or online.
Juliet is the COO of Ganapati Plc and the Co-CEO of GanaEight Coin Ltd. Juliet joined Ganapati following three years at Japan’s top advertising agency, where she brokered and managed global sponsorship and athlete endorsement deals for some of Japan’s biggest companies. After seven years living and working in Japan, Juliet’s expertise lies in bridging the gap between Eastern and Western cultures through her understanding of languages, international relations and borderless business.
With over 427 million people making up the continent, and roughly 75% of that number eligible to gamble, South America is a massive potential market for online gaming.
South America has relatively recently begun to emerge as one to watch in the next big online gaming market stakes and doesn’t appear to be losing momentum just yet.
As in other parts of the world, the 650 million inhabitants of Latin America like to have fun gambling online. Indeed, the latest figures for the region show an annual casino gambling revenue of $5.61bn in.
Colombia became the first Latin American country to establish a local licensing regime, which was introduced in September 2016, and is still the only fully regulated online gambling market in Latin America. The Colombian gaming authority, Coljuegos, then issued its first online gaming license back in June 2017.
Since the introduction of its legal framework, the regulatory body has been praised by many, including the country’s National Tax Directorate, for raising significant funds for both national healthcare and various other social services.
Colombia’s fully regulated online gambling market, which was initially predicted to generate up to $8bn in its first years of operation, grew by almost two thirds in the first half of this year as a result.
The entity also succeeded in shutting down almost 3,000 illegal gambling premises, by collaborating with federal police investigations, as well as calling for the introduction of tougher penalties and longer sentences for offenders.
Currently the only fully regulated market in all of South America and even Latin America, Colombia is not only a trendsetter but arguably one of the fastest-growing markets the area has seen.
The rest of the continent is not proving to be quite so quick off the mark. But with Colombia leading the way, are other sleeping giants more likely to awaken?
A market with considerable potential and picking up speed is Argentina. The region has recently begun making strides towards a legalised gambling market, since the province of Buenos Aires became the country’s first to enact a regulatory decree legalising online gambling and sports betting at the end of last year. The decree requires companies wishing to operate in the area to apply for a license and meet 20 specific requirements to successfully be granted one.
With the country’s potential online gambling market made up of individual provinces, there are hopes that more and more will follow the capital’s lead and introduce their own legislation. With the current progress in mind, it is widely believed Argentina as a whole is due to become one of the biggest markets in South America within the next two years.
Argentina’s positive outlook on the subject of gambling, online or otherwise, as well as its general belief that legalising it is the most efficient way to eradicate illegal activity and protect everyone involved, play a big part in the anticipation currently pervading through this region.
Moving on to a slower-moving but even bigger prospective market, we come to Brazil. Despite predictions of it being one of the biggest potential markets in not only the LatAm region but the world, there is still no legalised gambling industry in Brazil as of yet.
However, Brazil’s Ministry of Economy launched a public consultation this year on how to regulate sports betting, following the country’s sports betting legislation being signed into law in December 2018. Many are saying this could indicate the ushering in of a more comprehensively regulated online gaming industry.
The country’s exceedingly strict laws on the topic are said to reflect the post-war Government’s strongly held views that there was a link between gambling and organised crime, prostitution and money laundering.
Despite modern views having changed regarding these issues, and a clear, overwhelming interest in online gambling and gaming having developed in recent years, the Government’s restrictions are yet to be lifted.
With foreign operators entering the market regardless, the industry is clearly proving to be a prosperous one for the country. This had led many to believe Brazil is beginning to realise it may nearly be time for changes to be made.
Overall, South American markets are evidently ones to watch for many reasons, including the increasing saturation of existing markets within the industry, plus the undeniably high interest from players across the continent.
Regulating the online sector across the area is sure to also bring a wealth of benefits to individual nations – as Colombia has shown us all.
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What Qualifies as Gambling in the United States?
In the United States, the word “gambling” can mean a lot of things to different people. However, most often it refers to playing games like video poker, slots, bingo, blackjack, and many others. While some people still visit traditional casinos, many more are using online casinos that are cleaner, safer, and available from your own living room!
Is Internet Gambling Legal in the United States?
This is a tricky area that comes up often; some internet gambling is legal in the United States, but not all. The U.S. instituted a law that blocks online banking processors from moving money to illegal gambling institutions; this caused a lot of casinos to pull out of the U.S. market and created a lot of tension around the issue. Only reliable and licensed online casinos are able to accept payment from players located in the United States. However, laws are constantly being reviewed and revised in order to provide a system that works for everyone.What About Poker?
There has been a lot of press in recent months regarding the legality of online poker playing, and the results have proven to be confusing to even the most seasoned gamblers. Last year, a bill was introduced to the Senate which would make online poker playing legal because it is a game of skill rather than a game of chance.Why is Online Gambling Such a Concern in the U.S.?
The United States isn’t trying to be stuffy about online gambling rules, but rather attempting to prohibit money laundering. Because of the anonymity of the internet, unregulated online gambling in the U.S. could lead to various problems involving citizens and taxes, scams, or theft.What Should I do if I’m a U.S. Citizen?
Those U.S. residents who want to gamble online, but worry that they are doing something illegal should stick with casinos brand names that are trusted and reputable. A simple internet search should tell you what you need to know. Many of those unable to accept U.S. players still offer an opportunity to enjoy the games with “play money” so that American citizens don’t have to miss out on all of the fun. 
Safe Online Gambling in the U.S. Depends on You
If every player takes time to make sure that they are gambling at a legitimate online casino, you’ll have a positive experience with this type of online gaming. Make sure that you are complying with state and local gambling laws in addition to Federal laws.How To Gamble Online Slots
Are online gambling sites rigged?
For the most part, no. There are sites that occasionally drop out of existence following problems with members not receiving payouts, but it is hard to determine whether that is due to dishonesty or just issues with running the site. You may know that all casino games have a house edge. See the percentage for the RTP given alongside each game? If a slot has a 95% RTP, it means the house has an edge of 5%. Basically, 5% of each wager goes to the casino. Those payments keep the casinos running. If the games were tipped in favor of the player, no casino would stay open beyond the first few days. However, honest casinos do exist and there are lots of them online. Sure, they make a profit, but they’re businesses and need to if they want to hang around. That said, some players do manage to beat the odds and scoop huge prizes or even smaller ones that make it worth playing. Others manage to snag smaller prizes occasionally and still have a good time if they walk away with nothing.How To Gamble Online Sports
Are online gambling sites safe?
It depends on the individual site. You should do your research prior to signing up to any casino. It should have the required certificates and seals demonstrating its registration in a certain jurisdiction. It should also demonstrate a good track record with few complaints from players. (You’ll always see a few, usually regarding misunderstandings over bonuses and wagering requirements. Most of these are resolved without concern.) The better known a casino is, the more likely it is to be legit. The longer it has been around, the better the odds are that it is safe. But always do your homework. There have been occasions where a previously fine casino has lost its license and therefore its legitimacy, so keep an eye on this.Are online slot machines legal?
The answer to this depends on where you’re living and what the laws state in that region, location, country, or state. The answer for some of you would therefore be no, yet for others it would be yes. Our best answer is to suggest that you check the laws wherever you are, so you can determine whether they permit you to play online slot machines for real money. Remember, if you move, the laws that apply to you could well change, so always check ahead of using casinos in new areas.Are online slots rigged?
No. Each slot game works with a random number generator to ensure the outcome of each spin is random. While the slot has a return to player percentage connected to it, this is calculated over the lifetime of the game, which could be many years. There is no way of knowing when the biggest or smallest prizes are going to pay out. Each spin has an equal chance of being a jackpot winner, even though most obviously won’t trigger the jackpot. There is a greater chance of smaller prizes paying out than larger ones, as you’d expect. If you choose slots from well-known providers, you can rest assured they won’t be rigged. Those providers would soon go out of business if they were.Can online casinos ban you for winning?
Unfortunately for you, the answer is yes. If you read the terms and conditions (you know, the small print packed onto a single page at most online casinos), you’ll likely notice some clause in there that allows them to legally ban you from scooping huge amounts at the casino. However, in most cases, this scenario occurs because you may have gone against one of the rules. For example, you might have fallen foul of some conditions attached to a bonus deal that allowed you to net a big prize. You may not have fulfilled wagering requirements, for example. Another possibility is that you used a bonus to play a progressive slot and hit the jackpot. However, there is often a maximum cashout value on anything won with a bonus, ruling out the idea of claiming a jackpot. So, while casinos can ban you for winning a prize, they usually don’t do so unless you’ve fallen foul of a rule laid down when you first joined the casino. Other than that, most other issues occur when people unwittingly join a casino that is taking advantage of its players, disappearing into the night when people get wind of it.Can you bet online in Nevada?
Yes… and no. The law change that came into effect in 2013 made betting on online poker legal in Nevada. At the time of writing, this is the only casino game currently legal to play in this state. However, it is thought this could potentially change in future, allowing more casino games to be played.Can you gamble online in Vegas?
Currently, only a handful of online casinos offer legalized poker to residents in Vegas. As we mentioned above, this is the only casino game currently available.Can you win money on online casinos?
Yes, you can if you are fortunate enough to spin a successful combination onto the reels of a slot game, or to guess the correct outcome in a roulette game, or to beat the dealer in blackjack. Of course, managing to do these things is not easy. These are games of chance, and while some might involve an element of skill, most players end up losing more than they wager on their selected games. The slots have the lowest odds of winning prizes yet remain as the most popular type of game to play. You can win money at online casinos, but you should be aware that most prizes are small ones rather than the huge jackpots we all covet. Each game or spin is random, so you can never tell what might happen next.How Do You Gamble Online
Does Lucktastic really pay out?
If something is free to use, could you really win prizes on it? That is the question with Lucktastic, a free to use app that gives you a chance to win real prizes and rewards. According to the most recent information, over 220,000 people have won real prizes on the app. The idea is that you play real games of chance for free. You can then earn cash or gift cards in return. It can only be used on mobile devices via the app. It is only available to those in the US too, so bear that in mind. According to the information we’ve found, over $3 million in prizes has been paid out already. The scratch cards are the most common way to play. These give you the chance to earn tokens or cash. The catch? Each card can only be played after watching an advert. That’s not much of an issue since the cards are free to try. Of course, while the site does pay out, the prizes are not always easy to win. If they were, everyone would be winning except for the site. However, Lucktastic does deliver its prizes to players once they reach the minimum thresholds for payment (as low as $1 for Dwolla users).How can I win at slots online?
The first thing we’d recommend you do is to look for slots with a high RTP. This value does not indicate what you might receive from a session playing the slot, but it makes sense to get as high a value as you can. Some reach 96% or more, so watch out for those. Secondly, choose a game that allows cheaper bets per line/spin. Some have one cent as the starting value, which means your budget (however big or small it might be) will stretch a lot further than you think. The longer you can play for, the better the odds are of achieving prizes over that period. Thirdly, consider the volatility of the slot you choose. Low volatility means a game is more likely to pay out often, but with smaller prizes each time. High volatility means the game won’t pay out very often, but when it does there is a chance of achieving a run of good prizes in one hit. Finally, remember that slots are games of chance. You cannot influence the odds to fall in your favor. The only thing you can do is to cover all available lines on a slot rather than leaving some uncovered. If you do that, a prize could arrive on a line you didn’t place a bet on. That would be frustrating for sure.How do I start an online gambling business?
Firstly, you need to have software from at least one software developer in the gaming industry. You might notice the best sites offer games from several sources, so the more you can have in place, the better your chances of making an impact in this market. Secondly, you’ll need to create a site with lots to offer for players. You’ve got bonuses, tournaments, and other things to think about. Once you have an idea of what you are going to offer, you then need to explore the process for obtaining a gambling license. You cannot operate without a license, so it makes sense to read everything you can about this. Who should you apply to, given your location and where the website is based? The best course of action if you are serious about starting an online gambling business is to read, read, read. Make sure you know everything there is to know about setting up a business of this type before you do anything else.How do you pick a winning slot machine?
This is tough, because no one can ever tell when the next big prize is going to drop, much less the slot machine that is going to produce that prize. However, you can increase your odds of winning by looking at various aspects of slot machines before you play. Volatility is something to be aware of, as a lower volatility slot is going to drop prizes more often than one with high volatility. This means there is less risk associated with playing it. You could also look for a slot with a ‘must win’ jackpot that drops before it reaches a certain value. This means it must be won before that value is attained. It could drop way before that level, of course, but if you spot one that is close to the maximum, you know it must be won very soon. Looking for a slot with a higher RTP than its rivals is another good thing to do. The RTP does not indicate the outcome of a specific gaming session, but it is another piece of information to consider before you proceed.Is Bovada illegal?
It depends where you are looking to wager from. Since Bovada is based offshore from the United States, it is legal for players in that country to use the site to place bets. That said, the site does not accept players from all states in the US. The prohibited states are Delaware, New Jersey, Maryland, New York, and Nevada.Is it legal to gamble online in the US?
The answer is no if the online casino is based in the US. However, since there are some offshore casinos welcoming members from the US to sign up, this provides you with a possible alternative. You should always check local and current laws to confirm this prior to signing up to use a casino though, as things can change. There are plenty of online sites that do allow US residents to join and make real wagers. The only sites in the US that allow residents to legally gamble are those offering online poker in specific states. This is something that is only just getting underway, and the situation is likely to keep evolving over time.Is MyBookie legal?
MyBookie is a sportsbook. USA players are permitted to use the site, which offers sports wagers to its audience. However, it is not a regulated site. That means you should check whether it is legal for you to bet on the site from your US state. Since laws can be very different from one state to the next, the answer to the question could differ according to location. The site does have a good track record and is fast at paying up when someone is successful with their bets.Is online sports gambling legal?
The answer depends where you live. However, for those in the US, it is legal to bet on sports at a regulated and trusted site. Many people assumed it was not legal as per the Unlawful Internet Gambling Enforcement Act 2006. However, the Act referred to how transactions are processed instead of highlighting the process of placing bets on sporting events. We are not lawyers, though, and we encourage you to find out all you can about the legalities of placing sporting wagers in your state.How To Gamble Online In America Bank
Is sports gambling legal in Nevada?
Yes, and it has been for many decades now. While the situation regarding online casinos and associated wagers is very different, sports gambling is something you can do in Nevada without concern over legal ramifications.
Is TVG legal in Nevada?
TVG is a horse racing app used by thousands of gamblers across various American states. However, the app cannot be used in Nevada.What is the best online gambling site?
Before we attempt to answer that question, we should highlight the fact that gambling sites do not accept members from every country around the world. So, the answer for one person living in the USA could be very different to the answer for someone else living in Europe or Australia or even Canada. There are several things you should look for when you want to find and use the best online gambling site:- A site that is properly registered and operating legally with the correct certification
- A site with a trusted track record
- A site that permits people living in the same area, region, or country as you to sign up for an account
- A site with no complaints or issues mounting up from members
What states can you online gamble?
Firstly, you should know that you can never gamble legally online at a casino based in the United States. You must choose a casino based outside the States to gamble there legally. Secondly, the laws from state to state are very different. Wyoming, Alaska, Minnesota, and Idaho allow residents to gamble online with real wagers according to their state laws. Lots of other states – Nevada included – allow a degree of gambling to take place, but they do not cover the full range of casino activities you might want to partake in online. Bottom line? Since laws are constantly changing, do check the current situation in your resident state if you live in the USA and you want to try some online gambling.