Tag Archive | "Online gambling"

Online Gambling Giants in an Empire State of Mind


Online Gambling Giants in an Empire State of Mind 300x300 Online Gambling Giants in an Empire State of MindMany states are still weighing the pros and cons of legalizing online gambling, the state of New York is one of them. With nearby New Jersey having already legalized online gambling, many New Yorkers wish they had the same privileges as their Garden State neighbors.

It is estimated that residents of the state of New York already spend around $110 million per year in illegal online poker. If illegal gaming is transferred to legal gaming, it could generate an additional $50 million or more each year in gambling tax revenue (and this number does not include tax revenue generated by new online gamblers).

Not surprisingly, the big boys of the gambling world are now in an Empire State of mind.

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PokerStars Finds a Potential ‘In’ Back Into The US Online Gambling Market


PokerStars Finds a Potential In Back Into The US Online Gambling Market PokerStars Finds a Potential In Back Into The US Online Gambling MarketPokerStars is a globally recognized online gaming giant that dominates 54% of the global online gambling industry.

In an unexpected move, Amaya Gaming Group acquired PokerStars, a strategic move to consolidate the online and live gaming industry.

The acquisition did not come cheap at $4.9 billion dollars. And while PokerStars comes with global online gambling brand recognition, they also come with some baggage.

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Is Canada Poised to Lead Online Gambling’s Growth Across North America?


Is Canada the Leader in Online Gamblings Growth Across North America 300x194 Is Canada Poised to Lead Online Gamblings Growth Across North America?If you’re a supporter of the growth of online gambling across North America, this will come as good news. Of course, if you’re an opponent… blame Canada.

VCN Publishing reports this week that Canada is quickly becoming a hot startup home to a rapidly growing online activity.

“It’s one which enjoys growth in the region of 7-10% annually, with a global market value estimated at EUR21 billion (CAD$30 billion),” the official release explains. “What is it? Online gambling. These days, online doesn’t have to mean desktop computer, the gambling industry points out that the major trend is toward mobile and social gambling.”

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Online Gambling Gets a Tax Break Thanks to the European Union


Online Gambling Gets a Tax Break Thanks to the European Union 300x224 Online Gambling Gets a Tax Break Thanks to the European UnionAs of September 29, 2014, the Court of Justice of the European Union (CJEU) has ruled in favor of differentiated tax rates for online gambling. This differentiated tax rate would remain at 15% for all European online gambling sites.

For the European gambling market, this is a big change. Additionally, according to cardschat, “its far-reaching implications for the online gambling industry are actually quite substantial.”

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Delaware’s Online Gambling Numbers Remain in Check While Nevada’s Folded in August


Delaware’s Online Gambling Numbers Remain in Check While Nevada’s Folded in August 300x168 Delaware’s Online Gambling Numbers Remain in Check While Nevada’s Folded in AugustSummer is over and Delaware’s online gambling numbers have remained the same.

According to Casino.org, “Delaware online gambling revenues remained almost exactly the same in August as they were in July, rising 0.2 percent month-over-month.”

On the contrary, Delaware’s online poker numbers have gone up significantly. In fact, Delaware’s online poker market “saw their revenues increase by 23 percent as the market continues to bounce back from its summer lows.”

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Steve Wynn Still Not In Favor of Online Gambling


Steve Wynn Still Not In Favor of Online Gambling 231x300 Steve Wynn Still Not In Favor of Online GamblingIf you were among those hoping that Steve Wynn would change his stance on online gambling… you will just have to keep hoping.

Having just come from Global Gaming Expo 2014 (G2E), things did not look probable that Wynn would change his mind.

According to Bluff, they felt Wynn’s position after his panel “could best be termed as unpromising for iGaming advocates, as he continues to move closer and closer to Sheldon Adelson’s stance on iGaming, and further away from the position of quasi neutrality he seemingly adopted earlier this year.”

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Demand for Colocation Space, Services by Online Gambling Operators Expected to Grow


Demand for Colocation Space Services by Online Gambling Operators Expected to Grow Demand for Colocation Space, Services by Online Gambling Operators Expected to Grow According to a new report published in recent days by Research and Markets, DCD Intelligence (DCDi) expects that the demand for colocation space and services by online gambling operators “will continue to grow to support increasing numbers of players.”

What will drive the increase?

Growth is the inevitable outcome as more markets legalize online gambling.

Consequently, as more people reach the legal gambling age and more mobile devices enable people to play online from anywhere and at any time, the growth will accelerate.
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Harrah’s Combining On Site and Online Gambling Aims


Harrah’s Combining On Site and Online Gambling Aims 300x222 Harrah’s Combining On Site and Online Gambling AimsHarrah’s is taking another innovative step forward in the gaming world these days, fostering collaboration with online gambling and land based gambling at their New Jersey Casino.

“The online and offline collaboration allows consumers to participate in a digital Treasure Hunt with weekly challenges for a chance to win more than $40,000 in cash and prizes,” a representative for Harrah’s explains to CourierPostOnline. “Players completing all weekly challenges this month will receive a spot in an Oct. 18 live treasure hunt event at Harrah’s Resort in Atlantic City.”

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CashBet Scores a Trifecta in Partnerships for Mobile Apps


CashBet Scores a Trifecta in Partnerships for Mobile Apps CashBet Scores a Trifecta in Partnerships for Mobile AppsAspect Gaming, iSoftBet, and Revolver Gaming are now all in business with California based CashBet.

First announced last month, new details are coming to light about CashBet’s latest partnerships

CashBet is working with Aspect Gaming, iSoftBet and Revolver Gaming to incorporate their premium, real-money online casino games into apps for PC, iOS and Android devices.

Audiences in the United Kingdom will be able to access these real-money gambling games through apps powered by the CashBet platform.

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iGaming Legal Eagle Leading Expert Panel at G2E


 iGaming Legal Eagle Leading Expert Panel at G2E On Wednesday, mGamingWatch was briefed on a forthcoming expert panel planned for G2E that is sure to get the gaming industry talking.

This year’s G2E Conference in Las Vegas is being held at the Sands Expo & Convention Center.

Sure to be one of the most interesting and informative seminars will be Bad Actors: The Impact and Enforcement of Illegal iGaming Sites.
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