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Online Gambling Recession Proof

Amply illustrating the resilence and popularity of online gambling despite the tough economic conditions throughout the world, a new report from Global Betting and Gaming Consultants reveals that the US$ 20 billion benchmark for gross gambling yield on the Internet was passed in 2008.
 
The Isle of Man based consultancy opines in its current Interactive Gambling Report that the industry is strongly positioned going forward after another generally good year.
 
Internet gambling will benefit from changing consumer behaviour as spending patterns react to the economic circumstances, the report predicts. "Staying in" has become the new "going out" as consumers look to save money on their entertainment, and online gambling is perfectly placed to take advantage of the new trend, offering the convenience, variety, and the value for money that are now priorities for consumers. 

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"With the events surrounding UIGEA [the Unlawful Internet Gambling Enforcement Act currently under siege by Congressman Barney Frank] in the United States in 2006, the online gambling industry has shown too that it has both the flexibility and the innovation to react quickly," the report claims.
 
"2009 has started positively for many online operators, and with the prospect of Congressman Barney Frank introducing new Internet gambling legislation in the USA, and France intending to open its own gambling market to competition, there is certainly good reason for the sector to be optimistic about the future," it continues.
 
GBGC has established credibility as a specialist international gambling consultancy. The company has worked with or supplied information to over 400 clients, the majority of whom are 'blue chip'.
 
In addition to its consultancy GBGC has produced four reviews of the global gambling market that have been widely acknowledged to be the best available both in terms of both their detail and accuracy. The latest review published October 2008 extends to over 1 000 pages.
 
The statistics and forecasts that are contained within the Global Gambling Report have become widely recognised, within the industry, the financial community and the Media, as the industry standard for sizing both the online and offline gambling markets. Consequently GBGC are the most widely quoted source of industry data in share prospectuses and analysts' notes as well as on TV/Radio and in publications as diverse as the Financial Times, Forbes, Time Magazine, BBC Radio 4, BBC Breakfast, ITN news, the Economist and Fortune magazine.



Gambling News :

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.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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