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Gaming group identifies likely developments in 2009

The unprecedented negative impacts of the economy dominate the 2009 edition of the Top 21 Trends in Gaming, an annual list compiled by Spectrum Gaming.com, an independent research and professional services firm in the United States.
 
This is the fifth year in which Spectrum has published its list, which addresses ongoing changes in development, operations, consumer behavior, markets, politics, technology and other aspects concerning the casino industry worldwide.
 
Eight of the 21 trends concern the unprecedented economic downturn in which land casinos are now operating. With economic experts predicting that meaningful recovery will not begin until at least 2010, gaming operators and their stakeholders are faced with difficult conditions and decisions.
 
New Jersey-based Spectrum list the main trends for 2009 alphabetically:
 
* Advances in technology that impact revenues and cut costs will continue to be attractive to operators even in an economic downturn.
 
* Continued conversion of racetracks to racinos, as well as non-gaming expansions to existing racinos.
 
* Continued elimination of jobs, both through cuts and attrition.
 
* Continued moratorium on development of big-box gaming resorts due to economic downturn.
 
* Convenience-based gaming continues to achieve better year-over-year results than destination-based gaming.
 
* Corporate and property debt restructuring in wake of declining revenues.

Online Vegas* Eastern Europe countries will increase their efforts to meet EU regulations, including smoking ban.
 
* Gaming companies increase efforts to export their brands globally.
 
* Gaming equipment manufacturers continue to invest in games that appeal to a younger demographic, including lotteries, bingo and server-based technology.
 
* Increased legislative acceptance of allowing the deduction of issued electronic promotional gaming credits from the gross revenue tax/fee calculation.
 
* Increased use of electronic games, including the emergence of scalable electronic table games in which players at different locations on the floor wager on a single outcome.
 
* Increasing alliance between commercial gaming operators and outside investors, as well as between commercial and tribal operators.
 
* Internet gambling in USA will be a hot federal issue for the new administration and Congress; gaming companies will fund lobbying efforts on both sides.
 
* Major gaming operators commence deleveraging by selling off properties to emerging operators.
 
* More pronounced shift in market share among suppliers as operators attempt to shift away from IGT participation games.
 
* Native American tribal gaming revenue estimates remain on track to surpass US commercial gaming totals.
 
* Prices for hotel rooms, shows and food and beverage will return to lower levels at large gaming resorts as operators need to fill their properties.
 
* Slow but continual advancement toward server-based gaming, as operators remain skeptical as to the potential financial returns on investment.
 
* States consider expanding or legalizing casino-style gaming to help fill state budget gaps.
 
* Support from China to ease visa restrictions, increasing flow of visitors into Macau.
 
* Uncertainty in various European countries concerning regulation, thus increasing cases being referred to the European Court of Justice.
 
"It's no secret to anybody watching this industry that 2009 is going to be an extremely challenging year," Spectrum Senior Vice President Joseph Weinert said. "This is the first time the industry has really felt the impacts of the national economy. We don't see any catalyst for the industry to reverse its fortunes until the economy at large reverses its fortunes."



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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