Tag Archive | "mobile gaming"

Forbes: Big Venture Capital Still Pouring into Mobile, Online Gambling


Forbes Big Money Still Pouring into Mobile Online Gambling Forbes: Big Venture Capital Still Pouring into Mobile, Online GamblingDespite a rough first full year for most of online gambling’s early entrants into the regulated and legal online and mobile gaming environments of New Jersey, Delaware, and Nevada, optimism about the potential of this nascent industry hasn’t faded among some heavyweight investors.

According to a report published Thursday, big money continues to pour into this market from some of the most prominent names in the world of venture capital.

“CVC Capital Partners’ agreement to purchase a controlling stake in Sky Bet for $1.25 billion is the latest big bet by private equity investors on an online gambling business, part of a wave of deals that is reshaping the online gambling industry,” Forbes reports.

Read the full story

Posted in Gaming industry news, News, online gamblingComments (0)

Land-Based Casinos Leveraging Free Social Gaming To Drive More Traffic To Their Live Casinos


Land Based Casinos Leveraging Free Social Gaming To Drive More Traffic To Their Live Casinos 300x199 Land Based Casinos Leveraging Free Social Gaming To Drive More Traffic To Their Live CasinosSocial gaming is still a fairly new industry, but it is a multi-billion-dollar global industry, nonetheless.

While many social games are inspired by classic board games and casino games, a number of others are new games created primarily for mobile devices.

Although most who enter the world of social gaming are either new to the industry, or long time online gaming firms, MyVegas developer Playstudios has found a way to leverage social casino gaming by partnering with land-based Las Vegas casinos.

Read the full story

Posted in Announcements, Casino industry, Gaming industry news, Mobile Gaming, News, online gamblingComments (0)

Atari Jumps into Social Casino Space


Atari Jumps into Social Casino Space 300x199 Atari Jumps into Social Casino SpaceOn Tuesday, Atari rolled out Atari Jackpots, a new social casino game.

As eagerly anticipated for months, Atari is slowly but steadily delving deeper into the potentially lucrative waters of social casino gaming.

“The move is part of the reborn company’s strategy to use its powerful properties in modern titles on mobile, social, and online game platforms,” says Dean Takahashi of VentureBeat.

Read the full story

Posted in Announcements, NewsComments (0)

Here’s What Happened This Week in mGaming


Here’s What Happened This Week in mGaming13 300x166 Here’s What Happened This Week in mGamingHere are some of the top stories in mobile and online gaming that we’ve been monitoring in recent days.

In recent years, casinos have been focused on trying to recover from the recession and looking for ways to engage consumers with mobile apps.

Summer is over and Delaware’s online gambling numbers have remained the same.

Posted in UncategorizedComments (0)

Marketers Are Winning the Debate for Regulated Online Gambling in the U.S.


Marketers Are Winning the Debate for Regulated Online Gambling in the U.S. 300x240 Marketers Are Winning the Debate for Regulated Online Gambling in the U.S.Although a small number of states began legalizing and regulating online gambling within their borders last year, many are still lobbying the Federal Government intensely with the hopes to reverse the national posturing against online gambling.

Through it all, one of the most vocal advocates for deregulating online gambling has been billionaire gambling tycoon Sheldon Adelson. And in a recent post on NJ.com, both sides of the ongoing, and expensive, debate were explored. While Adelson has stated that he will spend “whatever it takes” to stop online gambling, due to concerns of moral compromise, he has only invested $460,000 in his campaign thus far.

Read the full story

Posted in Announcements, News, online gamblingComments (0)

Not All States See Online Gambling as a Tax Revenue Goldmine


Not All States See Online Gambling as Tax Revenue Goldmine 300x197 Not All States See Online Gambling as a Tax Revenue GoldmineWhile some states are considering ways to implement regulated online gambling, other states firmly oppose the addition regardless of its potential tax revenues. In a recent article on PokerUpdate, survey results were shared for “likely voters” in South Carolina.

South Carolina is a conservative state, so the comparably conservative findings were not a surprise. Nonetheless, of the 1,000 “likely voters” surveyed, online gambling was opposed by 68%. A similar survey by Palmetto Politics found that 15% surveyed were still undecided, while only 17% supported the idea of legal, regulated online gambling within the state.

Read the full story

Posted in Announcements, News, online gambling, Online poker, RegulationsComments (0)

32Red Says Mobile Adoption Increasing Across Online Gambling Space


32Red Says Mobile Adoption Increasing 32Red Says Mobile Adoption Increasing Across Online Gambling SpaceOn Wednesday, online casino company 32Red announced their detection of a spike in mobile casino gaming.

With revenues soaring, the firm has retained its full-year expectations after gross gaming revenues rose in its first-half and the number of mobile users almost doubled.

The European company confirmed that its total gross gaming revenues rose 19% in the first half of this year.
Read the full story

Posted in Announcements, Casino industry, Gaming industry news, Mobile Gaming, News, online gamblingComments (0)

Wall Street Journal Highlights Economic Importance of Thriving Casino Industry


Wall Street Journal Highlights Economic Importance of Thriving Casino Industry 300x180 Wall Street Journal Highlights Economic Importance of Thriving Casino IndustryThe Wall Street Journal recently dedicated some precious real estate – its front page – to an issue of great significance throughout the gaming world – the importance of a healthy gaming industry for the economic well-being of the U.S.

According to a subsequent statement from the American Gaming Association, the WSJ’s front page coverage sends a clear and compelling message to policymakers – embrace casinos as a mainstream business or risk losing jobs and crucial revenues.

AGA CEO Geoff Freeman said the article proves that voters are giving lawmakers at the state and federal levels the green light to act aggressively to support a robust casino industry and culture.
Read the full story

Posted in Announcements, Casino industry, Gaming industry news, News, online gamblingComments (0)

Massachusetts Curtails Advancing iGaming Amendment


Massachusetts Curtails Advancing iGaming Amendment 300x225 Massachusetts Curtails Advancing iGaming AmendmentState lawmakers have curtailed – at least temporarily – the momentum of iGaming in the state of Massachusetts.

According to published reports on Monday, Massachusetts will likely not see an online gambling expansion this year.

“The Massachusetts Senate is currently deliberating the state budget and chose to reject State Senator Michael F. Rush’s budgetary amendment that would have allowed the state lottery to expand into certain forms of online gambling,” one local report reads.
Read the full story

Posted in Announcements, News, online gamblingComments (0)

mGaming: The Week’s Top Stories


mGaming The Week’s Top Stories5 300x168 mGaming: The Week’s Top StoriesHere are some of the top stories in mobile and online gaming that we’ve been monitoring in recent days.

Gone are the days when marketing related efforts by casinos has to be somewhat muted for fear of turning off potential patrons who were likely more interested in a casino’s entertainment or dining selections than its gambling options.

The American Gaming Association may have been compelled to withdraw its support for online gaming (at least for the time being), but the AGA hasn’t stopped working aggressively to push the benefits of gaming across the U.S.

Posted in Announcements, Casino industry, Gaming industry news, NewsComments (0)