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AUSSIE GAMBLING SET TO GROW 3.3 PERCENT THIS YEAR

04/06/2012 : AUSSIE GAMBLING SET TO GROW 3.3 PERCENT THIS YEAR
 
But poker remains the favourite...
 
A survey by IBIS World has revealed that the gambling sector in Australia is set to grow by 3.3 percent in 2012, with the betting industry earning approximately A$22.5 billion in revenue, based on an average of A$1,265 wagering spend per person.
 
But according to gambling experts, poker remains the primary money-spinner for the industry, and is projected to make up 60.2 percent of total customer spending.
 
The online sector has boosted business, giving punters the opportunity to access online as well as live poker tournaments, along with casino games played in the comfort of their own homes, or whilst on the move using mobile devices.
 
The IBIS World report also revealed that sports betting is the fastest growing sector in the gambling industry. Although Aussie sport wagering still makes up only around 1.6 percent of total gaming revenue, it is growing at a faster rate than horse racing, slot machines, and lotteries.
 
The report suggests that increased marketing spend during the AFL and NRL seasons, a growing online accessibility, and the normalisation of taking a bet during a sports event has fuelled the growth of sports betting.
 
Sally Gainsbury, from the centre for gambling, education and research at Southern Cross University, believes that betting is now synonymous with sport. She points out that the prominence of new technology, such as the rising penetration of smartphones, enables people to place a bet anywhere.
 
"There's been so much marketing it has allowed online gambling companies to really target sporting events and sporting fans. So now on TV when you see someone score a try in the corner of a field, there's a Centrebet post that they are knocking over," she said.

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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