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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 :

$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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