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Internet Dominating Gambling Trends
12/13/2012 : INTERNET DOMINATES GAMBLING TRENDS FOR 2013
Spectrum's annual assessment shows the growing influence of internet and mobile channels
The independent research and professional services company Spectrum Gaming Group has released its ninth annual list tracking 21 leading trends for the forthcoming year in the gambling industry...and internet and mobile features prominently in almost half of its predictions.
2013 is likely to be another tough year in the United States, with growing competition between individual states for the gamblers' dollars.
Among the company's internet and mobile related forecasts are:
Age-verification and geolocation software will become critically important as more lottery and gaming jurisdictions enter the online space. Providers that can best demonstrate reliability, accuracy and ability to inhibit fraud and errors will be in particularly high demand.
Internet and mobile based social networking and electronic gaming will make further, behind-the-scenes steps toward a convergence that could, at some point, be the "next big thing" in gambling.
Law enforcement on internet-sweepstakes cafes will be more intense at state level. States will move faster to either eliminate or regulate Internet/sweepstakes cafes recognising them either as financially harmful or a revenue source.
More lotteries will face pressure to privatise or bring in private management, as the sector simultaneously moves toward a greater online presence.
The convergence of traditional gaming and state lotteries will accelerate, in large part due to the prospect of Internet gaming.
In tribal gambling the debate on opening up the Indian Gaming Regulatory Act for Internet gambling purposes will intensify as Native American dip their toes into Internet gaming with free-play poker sites.
States will feel pressure from tribal operators to rescind or renegotiate exclusivity provisions in compacts as state governments pursue online gambling through state lotteries.
Online gambling companies will seek bricks-and-mortar properties in certain states to gain a licensing foothold for Internet operations.
The convergence of social gaming and online gambling will continue, creating new competitors and putting pressure on regulators to oversee the marketing and implementation of social gaming.
Tribal operators, large and small, will seek a visible presence in online gambling.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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