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ONLINE GAMBLING CONTINUES TO GROW

Sunday August 19, 2012 : ONLINE GAMBLING CONTINUES TO GROW
 
Times may be tough, and anti-gambling action heavy, but you can't keep this industry down
 
The respected Silicon Republic publication is currently carrying an infographic article highlighting the continued growth and development of the global online gambling industry despite tough economic times and - in some regions - determined attempts to knock the industry down through enforcement actions.
 
Global revenue from online gambling is estimated to have been nearly US$30 billion in 2011, a new study on the growth of online gambling in the UK and the US found.
 
In some cases the growth of online gambling has surpassed the growth of social media. For example, from 2010 to 2011, online gambling attracted 32 percent more users, leaving social media way behind, with a 4.5 percent increase in usage during the same time period.
 
The infographic also takes a look at the top 5 UK sports betting sites, the UK and US gambling market, and internet traffic around major sporting events.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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