Tag Archive | "Online gambling"

Global Online Gaming Market Continues to Grow, Gain Momentum


Global Online Gaming Market Continues to Grow, Gain MomentumWith the casino industry outlook appearing more optimistic now than in recent years,  it’s no surprise that the global online gambling market is also expected to expand and experience a compound annual growth rate of almost 11 percent.

That’s according to analysis released from research analysts at Technavio. The trend is slated to continue through 2020.

“The global online gambling market is currently worth around $37 billion a year, as about 85 nations across the world have chosen to legalize Internet gambling, according to the American Gaming Association,” notes CardPlayer.

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Iowa Tribe of Oklahoma Wants to Launch Online Gambling Platform


Iowa Tribe of Oklahoma Wants to Launch Online Gambling PlatformA new powerhouse offering in the realm of online gambling now looms on the horizon, should all necessary approvals be secured as anticipated.

The Iowa Tribe of Oklahoma is seeking to become first tribe in the state to operate an international gambling website, World Casino News reported Wednesday.

Players from other countries would play real money casino games if everything goes according to schedule for the Iowa Tribe, which hopes to have its pokertribe.com up and running sometime in 2016.

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That Was Fast: Delaware Celebrating Two Years of Online Gaming Operation


That Was Fast Delaware Celebrating Two Years of Online Gaming OperationTime flies when you’re having fun — and growing a new industry.

It’s hard to believe, but it’s now been two years since online gaming arrived in Delaware. And despite a slower-than-expected start across the small regulated online gambling market in the U.S., Delaware’s real-money online gaming business is still chugging along just fine.

According to Realmoneyonlinecasinos.com, Delaware has offered iGaming since November 8th 2013.
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AGA’s Geoff Freeman One of 2015’s ‘Top Lobbyists’


AGA's Geoff Freeman One of 2015's 'Top Lobbyists'The president and CEO of the American Gaming Association can add yet another title to his name — one of the top lobbyists of 2015.

In recent days, the American Gaming Association’s chief, Geoff Freeman, was named one of the top association lobbyists of 2015 by Washington, DC newspaper The Hill.

“With Nevada’s prominent spot in the 2016 election, Freeman is putting his members front and center,” the AGA said in a news release, citing some of the organization’s efforts throughout the course of 2015.
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MarilynJean Interactive Wants a Piece of the $40 Billion Online Gambling Market


MarilynJean Interactive Wants a Piece of the 40 Billion Online Gambling MarketAhead of the weekend, MarilynJean Interactive announced it has entered into discussions with a provider of online gambling licenses and data hosting services.

The online gambling market is expected to exceed $40 billion in 2015. One of the biggest challenges faced by online gambling companies is facilitating funds transfer from users to the online operators.

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DraftKings, FanDuel Get Nixed in Nevada


DraftKings, FanDuel Get Nixed in NevadaGlobal media outlets are reporting Friday morning that following a swift investigation and intervention by the feds, some of the largest players in daily fantasy sports are facing enormous pressure today.

With news of the Department of Justice and the FBI potentially wanting to explore if DraftKings and FanDuel violated federal laws, the Nevada Gaming Control Board acted quickly to effectively ban the websites from operating in that state.

Per the Board’s order, the sites are being compelled to seek a Nevada gaming license in order to resume operations.
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Important Casino IT Security Talk Planned for G2E 2015


Important Casino IT Security Talk Planned for G2E 2015Next month, IT security will be on the agenda as G2E 2015 rolls into Las Vegas.

In booth #4430 at the Global Gaming Expo, Gaming Laboratories International (GLI) will discuss “eight crucial IT checks the company’s Field Inspections Unit conducts to help casino operators and regulators prevent disaster.”

Such precautionary talks and subsequent measures, the company says, are vitally important at a time in history when a hacker “can compromise or even close a casino.’

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mGamingWatch: The Week’s Top Stories


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

It’s Unlikely That Pennsylvania Will Expand Regulated Online Gambling In 2015
The Pennsylvania state legislature has been hard at work trying to identify new revenue streams, which will not increase residents’ current taxes. One of the additional revenue sources they have been exploring is regulated online gambling.

Mobile Casino Network Announces Integration With Microgaming and Eyecon
In a recent announcement, Mobile Casino Network shared that they will be integrating with Microgaming and Eyecon games to offer new third party games on their popular gaming network. With the addition of these new games, Mobile Casino Network will now have more than 200 games to offer their users. This includes slots, poker, casino games, scratch games.
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Affinity Gaming Proves That Marketing Makes All The Difference


Affinity Gaming Proves That Marketing Makes All The DifferenceMaking up a net loss from one quarter to the next can prove to be quite a challenge, but Affinity Gaming did just that. They credit their turnaround in revenues to a shift in their marketing focus, according to a new report from Las Vegas Review Journal.

Affinity owns an off-Strip casino in Las Vegas (the Silver Sevens) along with 3 properties and casinos in Iowa, Missouri, and Colorado. Their fourth quarter ended on June 30, and generated an income of $797,000. This same quarter in their 2014 fiscal year came in at a loss of $14.3 million. All in all, their 2015 net revenue is $101.9 million—an increase of 2.2 percent. Overall revenue increased by 3.3 percent, which totals $60.4 million dollars.

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Churchill Downs Investment in Big Fish Games Already Paying Off


Churchill Downs Investment in Big Fish Games Already Paying OffIn 2014, Churchill Downs acquired social gaming powerhouse Big Fish Games. While some weren’t sure if this move was the best fit, it is already paying off.

According to their second quarter revenues highlighted by Louisville Business First, Churchill Downs saw an increase of 35 percent—which totals over $409 million dollars.

A large portion of that growth came from Big Fish Games, which grew by 40 percent when compared to the same quarter last year.

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