No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
BETTING EXCHANGES ARE IDEAL FOR THE U.S. PARI-MUTUEL MARKE
Written On 4/27.11 By Recentpoker.com staff writer Frank Polliern :
New Christiansen study commissioned by Betfair's TVG reports back
The United States is an ideal market for exchange wagering, is the conclusion reached by a new study commissioned by TVG, the racing subsidiary of Betfair.
“The conclusions are fairly clear,” said Eugene Christiansen, the head of Christiansen Capital Advisors, which spent more than a year looking at wagering and economic trends in the United Kingdom and Australia, where betting exchanges have been available for several years.
“People like exchange betting. Exchange betting appeals to people who were not currently involved in fixed-odds betting, or bookmaking, or pari-mutuel betting. It seems to have reinvigorated betting in the UK and Australia. We have no reason to suppose it would have a different effect in the United States.”
The study released April 25 is entitled “Exchange Betting and the United States Thoroughbred Racing Industry.”
Among the factors examined were the business cycles of wagering in the U.S., United Kingdom, and Australia over two decades; the maturation of wagering initiatives like offtrack betting and full-card simulcasting; the introduction and expansion of alternative gambling options, including state-run lotteries, casino games, internet gambling, and offshore rebate shops; and the demographics of the wagering public, reports the racing publication Bloodhorse.
However, Bloodhorse reports that the Christiansen study's positive conclusions were challenged during a media press conference by Carlo Zuccoli, former consultant for the European Pari Mutuel Association.
Zuccoli claimed that the racing industry in England was “struggling for prize money.”
“The levy has gone down 40 percent," he alleged. "Betfair is draining a huge amount of money from the tote and the bookmakers.”
Zuccoli also voiced fears of corruption, saying that the latest scandal in Europe involves six UK jockeys that were allegedly being paid GBP 5,000 per race by a big player betting on horses to lose.
Christiansen responded by saying the UK adopted fundamental structural changes in 2009 regarding how purses are funded by the UK levy.
“The shock waves from these changes are still working their way out,” Christiansen said. He added that Betfair has been working actively with regulatory agencies to be ensure the integrity fo the sport.
Bloodhorse reports that a key criticism of the study was that it did not assess how exchange wagering might impact U.S. purses or affect wagering through the existing pari-mutuel system.
Christiansen said, while important, this issue could not be adequately addressed because Betfair doesn’t know how its product might be priced in the U.S. As of now only two states have legalised exchange wagering—California and New Jersey—but it has not been implemented yet.
“We did not have a price model to analyse,” Christiansen said. “I will say, if what the U.S. consumer has been saying, that he wants lower prices - and we really can’t read the numbers in any other way - then the only way to address that concern is to bring the price of wagering down.
"That is a serious statement. If you cannot at the same time, grow the pie, then the long-term outlet is simply not good. This is a serious situation that cannot be addressed with rhetoric.”
In looking at U.S. purse and handle trends for the first quarter of the year, Christiansen said he noticed purses were up 5.3 percent but handle is down 8.5 percent. Because casino gaming (slot machines, video lottery terminals, and card games) contributed 30 percent to Thoroughbred purses in 2009, the upward trends in purses indicated that people were spending money, just not directly on horse racing.
“Something has to be done,” he said. “Exchange wagering is extremely important since it is something the consumer has said very clearly in the UK and Australia that he likes.”
Christiansen Capital Advisors has made the 150-page report online.
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.