CharityStakes.com is not considered as gambling as members do not lose their own money.
Thursday 31st July 2008
In America, a new membership-based Internet gaming site has launched in the state of Arizona, home to leading online gambling opponent Senator Jon Kyl, as a way to raise money for charity.
Members of CharityStakes.com pay $19.95 per month for unlimited access to four online casino games along with pools for various sporting events. Operated by Scottsdale-based CharityStakes LLC, five dollars of this non-contract fee is given to charity while another five dollars is designated for a winner’s pool.
Co-founded by Michael Schapp and Barbara Bucca, CharityStakes.com is legal because members cannot lose any money so it is not defined as a gambling website.
“We are in a time where the American family’s dollar is being stretched far beyond the breaking point,” read a statement from CharityStakes.com.
“With rising costs across the board, Americans are looking for outlets to explore that will offer them great fun and entertainment at the lowest possible costs. Worthy charities and organisations are also feeling the same financial pinch as well.
”On a whole, charitable contributions are down, as well as organisational memberships. This squeeze is hindering many very worthwhile charities and causes funded by these great organisations.
”We at CharityStakes have developed a fun and exciting solution to this American dilemma. Through CharityStakes.com, we want to bring an exciting experience for those who enjoy playing poker, sports events and contests, games, tournaments and other fun and exciting activities of entertainment. We offer them a place where members can ‘win big with no risk’.”
Benefiting charities include the American Cancer Society and the Make-A-Wish Foundation and members can also get political by designating their money for the Democratic National Committee or the Republican National Committee.
In America, a new membership-based Internet gaming site has launched in the state of Arizona, home to leading online gambling opponent Senator Jon Kyl, as a way to raise money for charity.
Members of CharityStakes.com pay $19.95 per month for unlimited access to four online casino games along with pools for various sporting events. Operated by Scottsdale-based CharityStakes LLC, five dollars of this non-contract fee is given to charity while another five dollars is designated for a winner’s pool.
Co-founded by Michael Schapp and Barbara Bucca, CharityStakes.com is legal because members cannot lose any money so it is not defined as a gambling website.
“We are in a time where the American family’s dollar is being stretched far beyond the breaking point,” read a statement from CharityStakes.com.
“With rising costs across the board, Americans are looking for outlets to explore that will offer them great fun and entertainment at the lowest possible costs. Worthy charities and organisations are also feeling the same financial pinch as well.
”On a whole, charitable contributions are down, as well as organisational memberships. This squeeze is hindering many very worthwhile charities and causes funded by these great organisations.
”We at CharityStakes have developed a fun and exciting solution to this American dilemma. Through CharityStakes.com, we want to bring an exciting experience for those who enjoy playing poker, sports events and contests, games, tournaments and other fun and exciting activities of entertainment. We offer them a place where members can ‘win big with no risk’.”
Benefiting charities include the American Cancer Society and the Make-A-Wish Foundation and members can also get political by designating their money for the Democratic National Committee or the Republican National Committee.