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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 :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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