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AUSTRIAN BETTING ON THE INCREASE
Market research firm Kreutzer Fischer & Partner has completed a study on Austrian gambling that shows 2007 gross gaming revenues have risen 12.4 percent over the previous year, rising to Euro 15.4 billion, and that Austrians are increasingly turning to the Internet for their gambling entertainment.
Austrians spend an average of Euro 240 per person a year on gambling, increasingly at online gaming sites, the study found, and net gaming revenues for the FY 2007 added up to Euro 2 billion - an increase of 10 percent over 2006.
Online sports betting gross gaming revenues have achieved outstanding growth rates of around 50 percent every year, according to the researchers, who reported the achievement of GGR in 2007 of Euro 4.2 billion, overshadowing comparable growth rates in the land sector. Internet casino and poker gambling came in at Euro 1.5 billion GGR, half of that contributed by win2day.at, which is owned by exclusive state license holder Casinos Austria and Austrian Lotteries.
However the research firm cautions that Internet gambling growth is likely to ease gpoing forward, with 13 percent predicted for 2008 and only 8 percent forecast for 2009.
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Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
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