Tag Archive | "Online gambling"

Advertisements for Unlicensed Online Gambling Under Fire in Sweden


Advertisements for Unlicensed Online Gambling Under Fire in Sweden 300x187 Advertisements for Unlicensed Online Gambling Under Fire in SwedenIf you are part of online gambling that isn’t sanctioned in Sweden you might want to advertise elsewhere. Lotteriinspektionen, the regulators of Sweden’s gambling, are cracking down on advertisements for unlicensed online gambling as it has been affecting profit accumulations for Sweden.

In March of this year, a new amendment was enacted that will focus on not only companies in the country of Sweden, but also foreign companies that may be advertising unlicensed online gambling. This amendment is in compliance with the European Union competition laws, meaning that Lotteriinspektionen will not only focus on foreign companies, but also on companies based in Sweden.

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Online Gambling In Delaware Still Falling Short Of Expectations


Online Gambling In Delaware Still Falling Short Of Expectations 300x199 Online Gambling In Delaware Still Falling Short Of ExpectationsLike all states that have launched regulated online gambling, the state of Delaware is still raking in less online gambling revenue than expected. According to their latest calculations, online gambling has dropped 14% from February 2014 to February 2015. That being said, January 2015 was 8% higher than January 2014.

In an effort to improve results, the state of Delaware has partnered with a few Las Vegas casinos to offer Delaware residents the ability to gamble with some of their favorite casinos on the Vegas strip.

While overall numbers are still drastically lower than projected, some progress is being made. For example, wagers have increased by 17%, and 274 new players registered for online gambling in the month of February.

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mGamingWatch: The Week’s Top Stories


mGamingWatch The Week’s Top Stories11 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.

Online Gambling Firm Looking for a Bwin of its Own
GVC Holdings Plc, an online gambling company, knows exactly what it wants — a Bwin of its own.

Hotels Make More Room for Online Reputation Management
The rule in brick-and-mortar retail is said to be “location, location, location.” For hotels today, it’s “reputation, reputation, reputation.”
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Delaware Partners With Nevada For Online Gambling


Delaware Partners With Nevada For Online Gambling 300x199 Delaware Partners With Nevada For Online GamblingDelaware is still one of only three states to legalize online gambling, but as of yet their online gambling revenues have been dismal. In an effort to encourage more residents to gamble online, Delaware has partnered with 3 Nevada casinos.

Per the agreement that state officials approved in February of last year, Delaware residents over the age of 21 years old can participate in online poker though Nevada websites for Delaware Park, Downers Grove, and Harrington Raceway casinos.

According to Delaware Online, the hope is that by expanding both the selection of games, and offering online gambling with some of the more noteworthy Las Vegas casinos, an uptick in revenue will soon follow.

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Online Gambling on Horse Racing for Hoosiers Gets OK from Indiana Senate


Online Gambling on Horse Racing for Hoosiers Gets OK from Indiana Senate 270x300 Online Gambling on Horse Racing for Hoosiers Gets OK from Indiana SenateHoosiers could soon be betting online on horse racing contests.

Approval of this internet gambling activity just got a boost after a bill designed to open online horse racing bets in the Hoosier state was passed by the a state Senate committee.

“HB 1270 would allow horse racing fans to bet on their favorite horses from their personal phones or computers,” according to a news story at Nuvo. “Rep. Robert Cherry, R-Greenfield, the bill’s author, said the legislation would re-authorize that method of gambling in Indiana.”

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mobileStorm CEO Jared Reitzin Spotlights a ‘Verie’ Promising Tool for Mobile, Online Gaming Security at SXSW 2015


JaredHemu 255x300 mobileStorm CEO Jared Reitzin Spotlights a Verie Promising Tool for Mobile, Online Gaming Security at SXSW 2015In the age of all things digital, ID theft has become more than a problem. It’s now a plague that continues to threaten not only the financial security of millions of connected people around the world, but also the very stability and existence of countless digital institutions, platforms, and entire industries.

Consequently, it comes as no surprise that many security innovators and entrepreneurs striving to push back against the denizen dangers of the digital world are at SXSW 2015 in Austin, Texas this week to show off their wares and lend greater peace of mind to consumers and companies alike.

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Big Time Battle: Caesars Entertainment Corp vs. Las Vegas Sands in Online Gambling Rumble


Big Time Battle Caesars Entertainment Corp vs Las Vegas Sands in Online Gambling Rumble 300x208 Big Time Battle: Caesars Entertainment Corp vs. Las Vegas Sands in Online Gambling RumbleIt’s one of the biggest brouhahas in Las Vegas: could online gambling be a boon to the casino industry?

There are pros and cons, of course. But the two big players are definitely gambling types.

“Caesars Entertainment Corporation leads the group of Vegas casino operators that are backing the legalization of online gambling in the United States. They believe that once online gambling becomes legal, Las Vegas-based casinos stand to benefit tremendously,” according to StreetWiseJournal.

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Could Online Gambling Be Key Revenue Enhancer in the Keystone State of Pennsylvania?


Could Online Gambling Be Key Revenue Enhancer in the Keystone State of Pennsylvania 300x211 Could Online Gambling Be Key Revenue Enhancer in the Keystone State of Pennsylvania?How to close a $2 billion budget hole in the Keystone State? One Pennsylvania representative wants to roll the dice on online gambling as a way to make up the shortfall.

Rep. John Payne (R-Dauphin), chair of the House Gaming Oversight Committee, just introduced legislation to regulate online gaming.  Payne believes millions of Americans — including a passel of Pennsylvanians –participate in illegal online gaming where no regulation exists. He told fellow legislators that his bill could curb the illegal market while boosting state revenues.

“Payne said a study released by a Philadelphia-based economic consulting firm named Internet gaming the largest potential new revenue source for Pennsylvania’s gaming industry,” according to ABC27 in Harrisburg, the state capitol. “If enacted, he said the study estimates online gaming would generate approximately $120 million for the state during the first year.”

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It Takes Two to Tango: Vivo Interactive and Casinos del Rio Team Up to Launch Online Gaming Platform in Argentina


It Takes Two to Tango Vivo Interactive and Casinos del Rio Team Up to Launch Online Gaming Platform in Argentina It Takes Two to Tango: Vivo Interactive and Casinos del Rio Team Up to Launch Online Gaming Platform in ArgentinaIt takes two to tango — everywhere — but especially in Argentina.

Now comes word that Casinos del Rio, the largest casino consortium in Rio Negro, Argentina, has contracted with Vivo Interactive, a leading supplier of Live Dealer technology and services, to provide the gaming platform. It will undergird the first licensed and regulated online gaming website in the region.

“To facilitate the launch of Argentina’s first licensed online gaming operator, Vivo Interactive customized its platform enabling Casinos del Rio to leverage its brand and existing operations while meeting all regulatory requirements outlined by La Loteria of Rio Negro,” noted a formal statement provided to mGamingWatch. “This pioneering solution includes a full suite of Live Dealer casino games, virtual games, and a sophisticated back office which supports registration, deposits and withdrawals, along with detailed reports for regulators.”

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Infographic: Inside the Online, Mobile Betting Boom


Infographic Inside the Online Mobile Betting Boom 300x202 Infographic: Inside the Online, Mobile Betting BoomThe team at RightCasino recently shared with mGamingWatch their latest infographic, which explores in the depth the contributing factors in the growth of online gambling throughout the last 20 years.

The data charts “the history of online betting from humble origins in Antigua to its current level of sophistication, where crazy PR stunts, royal baby betting and celebrity endorsement are industry standard.”

Just how big of a market are we talking about these days? Consider this. According to RightCasino, the sports betting industry as a whole (live and online) “is worth between $700 – $1,000 billion according to Statista – a similar GDP to the Netherlands.”
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