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$100 Billion Wiped off Stock valuations of land gambling companies in 2014

 Thursday january 22,2015 :  2014 WAS A BAD YEAR FOR LAND GAMBLING COMPANIES
 
$100 billion wiped off stock market valuations.
 
According to a report from Global Betting and Gaming Consultants, which monitors the gambling market, major industry companies around the world suffered more than $100 billion wiped off their stock market valuations between January 2014 and January 2015.
 
The consultant monitors market movements to produce its GBGC 50, which index tracks the performance of the world’s 50 largest gambling companies by market capitalisation from gambling activities.
 
It reports that the value of the GBGC 50 index fell by 28 percent from 237 points to 172 points over the year.
 
The gambling market capitalisation of the leading 50 companies was reduced by US$ 101 billion over the same period. The top 50 gambling companies had a gambling market capitalisation of US$ 249.8 billion at the start of 2015, down from US$ 350.9 billion 12 months previously.
 
The top 10 companies in the GBGC 50 index are dominated by Macau gaming stocks like Sands China, Galaxy Entertainment and SJM Holdings. Consequently, the poor performance of Macau’s gaming sector in 2014 (by Macau’s own stellar standards) has had a dramatic effect of the GBGC 50 overall, the consultant reports.
 
As a result, the US-based Las Vegas Sands has dislodged its sister company Sands China in Macau from the top spot in the index but the top 10 is still predominantly composed of Asian-facing gaming operators.
 
Global Betting and Gaming Consultants warn that if Macau’s casinos have another difficult year then the GBGC 50 index could continue its slide in 2015.



Gambling News :

Box 24 Launches 3 New Slots - This week sees the addition of 3 New Games at Box24 Casino. Check them out they all seem pretty interesting.

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

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