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Asian gambling Revenues Rising 15 percent a year

02/25/2012 :  ASIAN ONLINE GAMBLING GROWS
 
Revenues rise around 15 percent per annum in the East
 
According to reports on the Asia News Network, the increased use of smart phones is contributing to an impressive growth in online gambling in the region, estimated by consultants like GBGC at 15 percent per annum....and that does not include numbers from unlicensed operators.
 
The new communication technologies have widened access to online casinos by a growing number of younger punters comfortable with mobile devices and the internet, and the numbers of PC gamblers are also rising.
 
GBGC estimates that licensed operators generated revenues of US$357.2 million from punters in 2011. The year before, the figure was US$312.49 million, and in 2009, it was US$271.58 million. Estimates are that illegal operators made up to US$110 million.
 
The Acting Minister for Community Development, Youth and Sports (MCYS) in Singapore, Chan Chun Sing, labeled online gambling as 'an emerging concern' in an address in Singapore last week, saying that there were worries about the difficulties in tackling online gambling and its possible impact on compulsive gamblers.
 
A recent National Council on Problem Gambling survey, conducted on a sample of 3 315 Singapore residents aged over 18 years, found that online gamblers exhibited the least self-control.
 
Up to a third of respondents said they gambled longer than they planned, bet more than they had intended and turned to gambling more often than they should.
 
Only 13 percent of respondents felt the same way playing jackpot at local clubs, and only 21 percent felt that way when they bet on horses.
 
A spokesman for the Community Development, Youth and Sports Ministry said Friday the fact that online gambling does not take place at a physical site makes it more difficult to implement social safeguards effectively.
 
ANN reports that sites popular with gamblers include Betfair and Ladbrokes, where punters log in using credit cards to place bets on sports, casino games and poker.
 
However, industry insiders say that many unlicensed sites let punters join in without having to fork out cash or to authorise a credit card deduction upfront. Local bookies give punters - accepted only on recommendation through trusted contacts - free credit, a code and a website where they can place their bets. Wins and losses are settled face-to-face with the bookie or through bank transfers some days later.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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