No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
GVC GROUP TRADING UPDATE
Tuesday August 2,2011 : TV marketing impacts oline casino costs
The Isle of Man-based internet gambling group GVC Holdings has issued its trading update for the first six months of 2011, noting that performance is to expectations, with an encouraging performance from its Betboo and CasinoClub brands, but profits a little down due to marketing expenditure via television media.
Net gaming revenue showed strong growth, up 8 percent on H1-2010, and 13 percent on H2-2010. Most notably there has been a 62 percent increase in the value of sports stakes in H1-2011 over H2-2010 arising from the growth in the group's emerging markets brand.
Overall NGR numbers were as follows:
CasinoClub: Euro 14.6 million (H1-2010 Euro 13.7 million)
Betaland: Euro 10.5 million (H1-2010 Euro 12.2 million)
Betboo: Euro 5.2 million (H1-2010 Euro 2.1 million)
Sports: Euro 5.9 million (H1-2010 Euro 4.7 million)
Gaming: Euro 24.4 million (H1-2010 Euro 23.3 million)
Management reports that further substantial investment in marketing was made in H1-2011 with the launch of a TV advertising campaign in Germany. Whilst the campaign was successful in reactivating lapsed customers leading to a recovery in casino revenues to above those earned in H1-2009, its ability to generate active new players was more limited.
Contribution was impacted by the cost of the marketing campaign, and the continuing increase in the proportion of new business sourced through affiliates. As a result the contribution margin for the period fell to 50 percent compared to 62 percent in H1-2010 and 58 percent in H2-2010.
Betboo has shown strong growth in NGR and there are plans for an aggressive marketing campaign in Latin America in Q2-2011, the aim being to achieve a step-change in revenues ahead of the 2014 FIFA World Cup which is being held in Brazil. GVC has also successfully launched Betboo into other emerging markets during the half year with better than expected initial results.
Betaland trading in H1-2011 has been encouraging, achieving a gross margin of 17.3 percent (H1-2010: 15.2 percent) on wagers of Euro 26 million (H1-2010: Euro 31.1 million).
The litigation against Boss Media is still in progress through arbitration.
GVC attracts healthy German business, and the company is therefore following legal developments in that country with interest. The current situation threatens to prohibit the acceptance of wagers from online casinos offered to German residents, the update notes.
"On 18 July 2011 the European Commission issued a Detailed Opinion against the draft Treaty. A Detailed Opinion is issued if the European Commission considers that a draft treaty, if implemented, would create barriers to trade, services or establishment within the European Union ("EU").
"The European Commission, in its Detailed Opinion, said that the proposed German State Treaty was in breach of EU law.
"GVC understands that the German Länder are due to meet on 18 August 2011 to discuss these developments. GVC will issue further statements as appropriate on its position following the meeting of the Länder in August and on any further comments from the EU."
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Betsoft Gaming In Deal With SuprNation -
Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.
Ladbrokes New SPonsor of The Hennessy Gold Cup -
The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.
Ladbrokes Appoints Annemarie Durbin -
Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.
Olympus Slot Pays $210k Jackpot to USA Player -
“I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”
Divine Fortune SLot Launches -
NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.
2 Huge Wins at Bovada Casino -
Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.
China Internet Clean Up Campaigns -
The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:
AOPA to campaign for poker to be left alone -
The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.