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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 :

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.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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