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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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Macau ATM Transaction Limit Lowered -
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .
Vegas Mobile Casino Gets Live Dealer Games -
Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.
Cosmic Crystals SLot Launches -
1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.
Australian Open To Dunp Gambling Ads -
Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.
BaFin CrackDown on Spread Betting -
The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.
How is the CDC Group Spending its Money -
Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.
Voodoo Slot Released -
The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).
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