Investment

7 factors to consider when choosing a new online casino

Published

4 years ago

August 14, 2020

Over the last decade, online casinos have been rapidly growing. In a bid to stay competitive, these casinos are revolutionizing the online space. Whether you are a fan of poker or blackjack, there are plenty of gaming options available online for you to try your luck and win big. If you are new to the world of online casinos and want to explore online gambling games, there are a few things you must be aware of. Internet scams are real, and you don’t want to be losing money in cyberspace. Most gaming websites start off with engaging, fun, and interactive games. Add to that, they’ll even give you a welcome bonus and add funds to your account. But, when you are ready to get to the real deal of withdrawing the amount, problems arise. They often prolong the withdrawal process and give you a poor online experience. With a little precaution and some awareness, you can be guaranteed your safety and security on these platforms. It’s imperative to ensure that you are playing on reliable and reputable online casinos. To get you started with making some real money, these are the top seven factors you must consider when choosing a new online casino. There’s no harm in trying your luck, but always maintain online security from scammers.

Top Factors to Consider

1. Valid Licenses

With advancing technology and online space, scammers have also emerged. To control such scams and fraudulent practices, online casino websites are mandated to be licensed by regulatory bodies of the respective countries. As a player, always start verifying the legality of the website by checking their license displayed online. Most websites will showcase their license to operate at the bottom center of their homepage. Some of the best online casinos out there will also provide links to the respective licensing bodies if the consumers wish to contact them directly to verify. If no license is displayed, no matter how big the welcome bonus might me, decline the opportunity and move to a verified website. Always maintain your safety online and avoid losing money to fraudsters.

2. Variety of Casino Games

Another key criterion to consider while choosing a new online casino are the number of available gaming opportunities. Most online casinos will let you browse through their games before you sign up. Check out the games that are available and see if there is one that you prefer. Omni Slots, being a renowned online casino, has over a thousand casino mobile and desktop games. It’s important to have a choice.

3. User-friendly interface

Having a responsive website design or a mobile-friendly website is a must-have for a reputable online casino. The interface must not be complicated for the users to understand. The rules and terms must be eased out in lame man terms. Try browsing the website before you make a decision to sign up online. If the website doesn’t open up on your mobile device or doesn’t have an app or if it takes to load games, it must be a hard pass. Always take the time to ensure the user-friendliness of the website before making your decision.

4. Security and credibility

With most online platforms, data sharing can be a concern. Take the time to read their privacy policy before committing. Licensed and regulated online casinos often have the latest technologies in place to avoid or reduce data breaches. Although valid licenses establish the credibility of the website, always take the time to check for user reviews. If you are interested in finding out more about the security issues in an online casino, read this interesting article by Mighty Gadget.

5. New player bonus

As a beginner, if you are looking to get started without spending too much on your favorite games, keep an eye out for a sizeable welcome bonus. Free cash bonuses, free spins, or bets are a great marketing tool most casinos use to attract new players onto their platform. That said, wagering terms of the bonuses and other conditions must be reviewed before you sign up.

6. Customer support

Although the world on online casinos is being simplified, you may still need customer service support for any technical glitches or otherwise. Deposit, bet, and withdraw winnings are not complicated by verified online casinos like the Omni Slots. But, having a good customer support team with 24/7 assistance or live chat can be very useful for online players, especially beginners. s

7. Deposit Options

Another crucial factor to consider while opting for an online casino is the variety of payment or first deposit options they offer. If you have a preferred payment option, check the availability on it on-site before you sign up. Most verified online casinos permit credit, debit, PayPal, and payment wallet options. Some authorized casinos even allow bank transfers. Before settling down with your choice of online casino, look at all these deposit options. Review online casino payment options guide in 2020.

While there are thousands of online casino platforms to choose from, as a vigilant player, you must always consider the above seven factors. Winning real money is always fun but make a responsible and informed choice of your preferred online casino to get started.

Investment

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

Published

1 day ago

November 6, 2024

Anne Joseph

NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.

Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.

“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”

Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.

Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.

Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.

Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.

In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.

The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.

And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.

Tesla began selling the software, which is called “Full Self-Driving,” nine years ago. But there are doubts about its reliability.

The stock is now showing a 16.1% gain for the year after rising the past two days.

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Investment

S&P/TSX composite up more than 100 points, U.S. stock markets mixed

Published

3 weeks ago

October 16, 2024

Anne Joseph

TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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Economy

S&P/TSX up more than 200 points, U.S. markets also higher

Published

4 weeks ago

October 11, 2024

Anne Joseph

TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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