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Global Gaming and Betting Consultants 2016 Online Gambling Predictions
Friday December 11,2015 : ONLINE GAMBLING PREDICTIONS PUBLISHED
Global Betting and Gambling Consultants gives its take on the year ahead.
The Isle of Man-based Global Gaming and Betting Consultants has published its annual exercise in gambling crystal ball gazing, predicting that 2016 will see:
* No change in US federal law and little progress at state level on internet gambling legalisation
* In 2016, nine years on from the global financial crisis, Las Vegas will still not be back to its 2007 peak.
* Tax increases and regulatory developments in Europe will impact profitability but little action to mitigate operator losses is expected. There is the possibility that these factors will cause operators to give up on markets or move to places like Curacao and Costa Rica and target Europe from those jurisdictions, something that is already happening with France. That means that affiliate marketing will be back in favour.
* Macau revenues will stabilise at a lower level than today, but the completion of the Zhuhai Bridge is the key to growth.
* Legislative process to expand gambling in Brazil will continue.
* In India, e-commerce entrepreneurs are likely to seek offshore licences to form sports betting markets for cricket, horse racing, with online casino gaming to follow.
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GAN Partners with Station Casinos -
B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016
Oceanís Call Slot Launches -
Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.
Big Names Playing WCOOP -
The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.
Sirplay to Open Argentina Branch -
#SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.
DFS Changes for Ohio -
#dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.
New Jersey Teams Up With Kahnawake Gaming Commission -
The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.
Petition to Ban Online Gaming in Singapore -
Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.
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