Gambling is not legal in Indonesia; but there are actually no hard government laws that specifically cover gambling as a prohibited act. However, the driving force behind the ban on gambling activities in Indonesia is the implementation of strict Islamic Laws. Majority of Indonesia’s Population are Islam Devotees Indonesia is the only country in which…
The gambling industry is a billion-dollar business for providers. Much of the turnover is made in the unregulated area. The players bear the risk. After 23 years as a player, Volker Brümmer stood on the tracks, the farewell letters were written. “I didn’t just gamble away money, but all social contacts – almost my life…
Risk and gamble seem to be the same thing. In fact, in the business world, a risk is defined as the contrast of gambling. Meanwhile, gambling depends on chance, whether it is a calculated one. The difference between gambling and business risk In the succeeding paragraphs, the two words are clearly defined to be able…
basically transforming a lot of players from all over the world. Imagine where they can no longer travel to a place or two to compete with rivals because finally, they can now do it online. They can compete with the experts, the beginners, the novice, and even those who are just curious to try. …
Entrepreneurs gained their riches through their thriving businesses, whereas there are those who earned their wealth through professional gambling. As both seem to share several traits that brought them success, this have led to many comparing entrepreneurs and gamblers. For instance, Joker123 is an online gambling game that offer outstanding opportunities to individuals in search…
Gambling is enjoying increasing popularity and income. Recently, “in” has also been particularly popular for placing bets on the Internet (see also http://dewapokeronline.co). The world’s leading online poker company “PartyGaming” will today go to the London Stock Exchange with 23 percent of its shares. Economics of Gambling Estimates of the price of these stocks fluctuate,…
