Saturday, 2 March 2013

Slots and Slot Machines - Casino Junk Food and Mindless Fun

Slots and slot machines make a lot of noise, but if they could talk, I'm sure they'd have no problem telling you how unbelievably popular they are. Going to a casino and not playing a slot machine is similar to going to a carnival and not eating cotton candy. The bulk of a casino's revenue comes from its slot players, making slot machines far and away the most popular casino game ever.

Rows and rows of slots and slot machines cover the floor of every casino. Slot play is hypnotic and mindless and provides an escape from day to day life that for many slot players is second to none. I have a relative who will play slot machines for no money on that Hoyle Casino software just because she finds the sights and the sounds of the games so compelling. To me, the ONLY thing interesting about a slot machine is the potential to hit a jackpot.

There is no skill or strategy involved in playing a slot machine. How to play is usually obvious. And the fantasy of hitting a jackpot is the same fantasy people have when they buy a weekly lottery ticket, but it's more immediate and urgent. (You can only hit a lottery jackpot once or twice a week, but you could theoretically pull the lever on a slot machine 500 times an hour.

The popularity of slots and slot machines are phenomenal. There are ways to get more slot entertainment for your dollar, but there's really no way to become a professional slot player or gain an advantage over the house.

Slots and Slot Machines - Casino Junk Food and Mindless Fun

Slots and slot machines make a lot of noise, but if they could talk, I'm sure they'd have no problem telling you how unbelievably popular they are. Going to a casino and not playing a slot machine is similar to going to a carnival and not eating cotton candy. The bulk of a casino's revenue comes from its slot players, making slot machines far and away the most popular casino game ever.

Rows and rows of slots and slot machines cover the floor of every casino. Slot play is hypnotic and mindless and provides an escape from day to day life that for many slot players is second to none. I have a relative who will play slot machines for no money on that Hoyle Casino software just because she finds the sights and the sounds of the games so compelling. To me, the ONLY thing interesting about a slot machine is the potential to hit a jackpot.

There is no skill or strategy involved in playing a slot machine. How to play is usually obvious. And the fantasy of hitting a jackpot is the same fantasy people have when they buy a weekly lottery ticket, but it's more immediate and urgent. (You can only hit a lottery jackpot once or twice a week, but you could theoretically pull the lever on a slot machine 500 times an hour.

The popularity of slots and slot machines are phenomenal. There are ways to get more slot entertainment for your dollar, but there's really no way to become a professional slot player or gain an advantage over the house.

Gaming Law

Gaming Law in a Nutshell has just been published by West.  Written by Professors I. Nelson Rose and Walter T. Champion, Jr., the book discusses all aspects of gambling law, and on all levels: local, tribal, state, national, and international.  It covers all forms of wagering, legal and illegal, including casino games and slot machines, lotteries, poker, bingo, sports betting, racing, and Internet gaming.  It has separate discussions of many jurisdictions, including Nevada, New Jersey, Macau, Canada, and other countries; Indian and charity gaming; taxes; intellectual property; compulsive gambling; and the most popular forms of gambling.

The publication of a Nutshell marks a significant milestone for Gaming Law.  As Prof. Champion put it in his Preface: "To me, the Nutshell is 'graduation day.'  It shows that a particular field has the gravitas to merit a victory lap."  Authors of Nutshells are always the leading experts in the field.  And as Prof. Rose noted, he purposely designed it to be a mini-treatise, to explain the law in a way that would be understandable to anyone new to the subject, or who only knows one part of the field.  "It should prove useful for anyone interested in the fast growing and fast changing area of Gaming Law."

Gambling and the Law

The law of gambling can be simple, or enormously complex.  For example, all gambling requires three elements: prize, chance and consideration.  But creating a successful game that has only two of those elements can be extremely difficult.  Similarly, some forms of online gaming are legal, but only a legal professional can tell you whether your plans meet the requirements of the law.

Professor I. Nelson Rose is recognized as one of the world's leading authorities on gambling law.  He is an internationally known scholar, with more than 1,500 published works, and public speaker, often the keynote speaker on gambling issues.  A 1979 graduate of Harvard Law School, he is a Distinguished Senior Professor at Whittier Law School in Costa Mesa, California, where he taught one of the first law school classes on gaming law, and a Visiting Professor at the University of Macau.

Professor Rose is best known for his internationally syndicated column, "Gambling and the Law®."  Recent books include a collection of columns and analysis, co-authored with Bob Loeb, on Blackjack and the Law, and the first casebook on the law of legal gambling: Gaming Law: Cases and Materials (LexisNexis/Matthew Bender 2003), co-authored with Professors Robert Jarvis, Shannon Bybee, J. Wesley Cochran and Ronald Rychlak.  Professor Rose's latest book is Internet Gaming Law.  The second edition, greatly expanded and revised, was published in 2009 and can be ordered here.  Reprints of his landmark 1986 book, are available here:  Gambling And The Law.

A consultant to governments and industry, Professor Rose has testified as an expert witness in administrative, civil and criminal cases in the U.S., Australia and New Zealand, and has acted as a consultant to major law firms, international corporations, licensed casinos, players, Indian tribes, and local, state and national governments, including Arizona, California, Delaware, Florida, Illinois, Michigan, New Jersey, Texas, the provinces of Ontario and Quebec, and the federal governments of Canada, Mexico and the United States.

Professor Rose is co-editor-in-chief of the Gaming Law Review and Economics the official legal publication of the International Masters of Gaming Law.  He is also a member of the International Association of Gaming Advisors and the European Association for the Study of Gambling.