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Gambling Companies With Online SItes will have higher growth in 2016

Saturday, December 5, 2015 : GAMBLING COMPANIES WITH ONLINE COMPONENTS WILL DO BETTER
 
Rating agency predicts higher growth in 2016 for such firms.
 
The respected Moody's Investor Service has published a review on the future prospects of the gaming industry in Europe, noting that companies with greater online gaming exposure are likely to experience higher growth next year.
 
However, most rated companies are highly exposed to mature segments of the gaming industry, which is expected to remain broadly flat.
 
Moody's expects a rise in disposable income in 2016, albeit at a slower pace than 2015 in some European countries, which should drive gaming activity.
 
The company's "Gaming -- Europe: 2016 Outlook -- Modest Wagers Growth Supports Stable Outlook Despite Ongoing Cost Pressure" review predicts that the UK, Germany and Spain will all benefit from a stable economic environment, while Italy's economic recovery remains slow, dragging on its gaming industry performance.
 
 "We note that regulation and taxation will continue to pressure revenues, profits and profit margins in 2016, but the impact will be less pronounced than in 2015," the review concludes. "We do not expect any new major regulatory changes next year, except in Italy where provisions of the draft 2016 Stability Law propose taxation increases that would affect revenues and profits."
 
Moody's anticipates continued cost optimisation efforts and M&A activity as companies seek to offset increasing compliance costs and taxes.



Gambling News :

International Table Tennis Federation in deal with Sportradar. - The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

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