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Land Casino Attend Down - Online Play Up

3/5/10 - Despite draconian restrictions and an aggressive enforcement regime, US gamblers are still playiing their favourite casino games online, according to a recent survey of American players published by the Mintel research organisation.
 
The survey found that 12 percent of adult respondents had visited an online casino or gambling site in the past 12 months despite laws and enforcement actions designed to disrupt financial transactions with online operators. 
 
Mintel’s research showed men are significantly more likely to play poker or other gambling games online, visiting online gambling sites five times in the past year, compared to once for women.
 
The survey found that the success of movies like Ocean’s Eleven, Swingers and The Hangover have glamorised the idea of Vegas and gambling...but that fewer adults see the appeal of [land] casinos. Only 30 percent of adults visited a casino in the past year, down from 35 percent in 2001, a 14 percent loss.
 
A senior analyst at Mintel, Billy Hulkower, said: “This shift has been gradual, which suggests that this is not a result of the recession. [Land] Casinos may be losing audience to the increasingly compelling entertainment offerings in the home; such as HDTV, high-end video game systems and the Internet, including Internet gambling.”
 
Of those who did visit a casino in the last 12 months, 27 percent went to Indian reservation casinos, followed by 24 percent to Las Vegas and 12 percent favoured Atlantic City.
 
Adults aged 25-34 were most likely to visit a casino in the past year (56 percent). Some members of this age bracket may not yet feel the full brunt of family financial responsibilities, Mintel noted.
 
On average, adults who visited a casino won or lost more than $330. Men, at $501, appear to wager larger amounts than women ($140).
“Men take more risks in their gambling behaviour and will remain the key customer base for casino operators,” Hulkower observed.
 
Three in four adults (76 percent) set a budget for their casino visits, and most have reasonable expectations about the outcome. More than half (55 percent) expect to lose when they gamble, but are just doing it for fun. Surprisingly, 20 percent of gamblers claim that they usually win more often than lose.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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