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.
Horrible Earning Results For Bwin Party
Wednesday November 13 ,2013 : ANOTHER SET OF DISAPPOINTING RESULTS FROM BWIN.PARTY
Maybe they shouldnt have screwed all there marketing partners. But opportunity ahead says company as it continues to refocus its efforts
bwin.party Digital Entertainment's third quarter 2013 report failed to impress Wednesday with the company posting a 21 percent decline in revenue. The result was attributed to the Greek ISP block to its product, softer margins in sports betting, a decline in the poker market and its move from volume to value strategy.
Third quarter 2013 key performance indicators include:
Total revenue down 21 percent to Euro 145.7 million (2012: Euro 184.4 million), in-line with previously reported trading to 25 August 2013.
Sports betting revenues were down 10 percent versus the prior year to Euro 52.9 million (2012: Euro 58.7 million) reflecting the shift from ‘volume to value’ with the number of unique active players in the quarter down by 20 percent.
Sports betting wagers fell by 22 percent to Euro 645.2 million (2012: Euro 828.3 million), attributed to shift from ‘volume to value’ and ISP blocking in Greece where the amount wagered in September was down by 74 percent versus the prior year.
The gross win margin although up versus the prior year was slightly lower than expected at 9.1 percent (2012: 7.8 percent)
Average daily revenue in sports betting was down 10 percent year-on-year at Euro 575 000 (2012: Euro 638 000)
Casino and games:
The shift from ‘volume to value’ and declines in poker continued to impact bwin.party's casino business during the period:
Number of unique active players down 34 percent year-on-year.
ISP blocking saw the amount wagered on casino from Greek customers down 75 percent that contributed to a 16 percent decline in the total amount wagered in casino during the quarter to Euro 1,650.3 million (2012: Euro 1,957.8 million).
Average gross win margin declined to 3.8 percent (2012: 4.0 percent) reflected a shift in games mix towards table games
Average daily revenue was down 23 percent to Euro 544,600 (2012: Euro 708,700).
Net revenue fell by 37 percent year-on-year to Euro 23.3 million (2012: Euro 37.0 million).
The launch a new product into dotcom markets has begun to have a positive impact, the company said.
Marked increase following new product launch in revenues from mobile and tablet devices.
Total revenue down 18 percent year-on-year to Euro 12.2 million (2012: Euro 14.8 million), the UK, its largest market, impacted by aggressive campaigns from competitors.
Italian bingo business also impacted by aggressive campaigns from competitors as well as a 23 percent year-on-year decline in the overall market.
Spanish bingo brand Binguez, delivered a 22 percent increase in revenue year-on-year although Spain remains small in the context of total bingo revenue. Average net daily revenues fell by 18 percent to Euro 132,600 (2012: Euro 160,900).
Commenting on today’s announcement, chief executive officer Norbert Teufelberger said:
“As we expected, our underlying Q3 performance appears to have represented the floor in what has been a transitional year for the Group. Performance in the period was impacted by our shift from ‘volume to value’, continued declines in poker ahead of our dotcom relaunch, ISP blocking in Greece and a softer than expected sports margin in September.
“Whilst year-on-year comparisons for the current trading period are also impacted by the factors outlined above, average daily revenue for the six weeks to 11 November is up 18 percent versus the average for the previous quarter. All verticals have grown despite the continued impact of ISP blocking in Greece, although performance in sports was weaker than anticipated due to a softer than expected sports margin during the first three weeks of October.
“We have made excellent progress in respect of reducing our cost base. We now expect to exceed the Euro 70 million target for 2013 that was communicated at the beginning of the year and this will help us to mitigate some of the impact from Greek ISP blocking which began during August.
“In the US, we received our transactional waiver from the Division of Gaming Enforcement in New Jersey on 8 November and are on-track to launch poker and casino as soon as we are cleared to do so.”
Looking forward, mobile is identified as a key area of focus for the business, while an improved tournament offer in poker and the launch of new HTML5 poker and sports products on mobile is expected to launch early 2014.
In the six weeks to 11 November 2013 average daily net revenue (excluding other revenue) was up 18 percent versus the previous quarter at Euro 1,769,700 (Q3/2013: Euro 1,505,200).
bwin.party said all product verticals have seen growth versus the prior quarter, despite the weak sports margin in the first three weeks of October. While seasonality has been a key driver, so has the introduction of our new poker product and new mobile extensions.
"We remain excited about the opportunity to launch into New Jersey as soon as we are cleared to do so and while the potential size of the market remains unknown, we and our partner are determined to secure a meaningful market share.
"In Europe, we are focused on increasing our performance in nationally regulated and-to-be regulated markets, primarily driven by new product launches and an increased presence in mobile supported by targeted marketing campaigns."
Gambling News :
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.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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.