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Motley Fool published a positive article on internet gambling

Investment magazine says change may be in the air
 
The respected investment publication Motley Fool published a positive article on internet gambling this week, pointing out that with US states struggling to stretch their budgets, many lawmakers appear to be more positive about legalising online gambling.
 
The article summarises current moves at both state and federal level to introduce legalisation measures, reporting that whilst land casino operators may lose some business to online gambling, such legislation might allow them to better profit from their own internet gambling offerings.
 
"Like other online operations, virtual casinos have little overhead, easy scalability, and potentially high profit margins. Casino operators could even offer benefits and rewards tied to their brick-and-mortar properties, driving additional traffic there," the article asserts.
 
The piece goes on to claim that since online gambling is easier to access, it may draw more gamblers, and perhaps more frequent visitors, quoting a recent study in Canada which found that online gamblers spent an average of nearly Cdn$10,000 each annually, compared to just over Cdn$500  for land gamblers.
 
Some land gambling outfits were already making moves to secure positions in the online milieu, the article points out, citing Foxwoods and Harrah's:  "Several members of the casino industry are already positioning themselves to profit. The Foxwoods Development Company is partnering with an online gaming company, and Harrah's has already launched online casinos in areas where such gambling is currently regulated."
 
The vast Asian market also offers possibilities, especially if the Chinese government is persuaded to open up online gambling, thus bringing in the giants Macau gambling firms.
 
"In gambling as in many other facets of business, change is clearly in the air -- and companies that don't keep up with changes may end up left behind," the piece concludes.



Gambling News :

MLB Odds: Stroman Gets the Nod Against Royals - The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.

Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

PartyPoker Exits Australia - From 31st August 2017 partypoker players will no longer be able to play from Australia. Players’ deposited funds are safe and available for withdrawal.

Mercury Poker Live on Indian Poker Network - Mercury Poker Live on MPN's Indian Poker Network. MPN India, established in 2015, is a ring-fenced poker network dedicated to the Indian market and operating exclusively in Indian Rupees.

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