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ONLINE GAMBLING PRESENTS NEW BUSINESS OPPORTUNITIES IN CANADA

Monday, October 24, 2011 : Small to medium software companies could benefit in particular, says industry body chief
 
Speaking to the publication IT Business this week, Paul Burns, vice-president of the Canadian Gaming Association, said that small to medium software businesses in the country could cash in on a market worth more than Cdn$16 billion in expected revenues as provincial governments increasingly move towards regulating online gaming.
 
The gambling industry in general has nearly tripled in size since 1995 and now exceeds the combined revenues generated by magazines and book sales, social establishments, spectator sports, movies theatres and the performing arts, he said.
 
“Our industry supports more than 128,000 full-time jobs, 283,000 associated jobs and generates Cdn$12.5 billion in labour income and Cdn$8.7 billion in annual revenues remitted to the government,” he said, going on to detail the provinces that has already entered the online gambling market (British Columbia and Quebec) and Ontario, which has plans to start operations in 2012 with annual revenues of Cdn$400 million anticipated.
 
These developments are going to be a boon for many small and medium sized technology firms in the country, according to Burns. “I would estimate that gaming companies in the field will be purchasing anywhere from $4 billion to $7 billion in products and services.”
 
The opportunities are not limited to online game developers, according to Burns. “There will be a huge demand for HD technology experts for playing screens, IT security experts and IT administrators and service technicians.”
 
He also expects a demand for mobile app experts. “Increasingly there is a focus towards new game delivery technology. In B.C. the lottery is planning to offer games to mobile device users,” he revealed.



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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