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Evidence That Online Gambling Not A Threat To Land Based Ones
Friday March 21,2014 : MORE EVIDENCE THAT ONLINE GAMBLING NOT A THREAT TO BRICK AND MORTAR COMPANIES
Growing body of empirical evidence that online gambling complements, not cannibalises.
Fears in more conservative quarters in the United States that online gambling will take business away from traditional land-based casinos are gradually being assuaged as increasing numbers of experienced gaming executives provide empirical evidence to the contrary.
Joining senior executives from Boyd Gaming, Caesars Interactive Entertainment, Borgata, the American Gaming Association, Genting's UK group, and seasoned regulators like former Nevada Gaming Control Board chairman Mark Lipparelli this week was Chris Sheffield, managing director of Betfred, who said that there has been no evidence of business cannibalisation between online and the company's widespread UK offline gaming network.
Speaking at the iGaming North America conference, Sheffield said that he sees no cannibalisation between online and offline gaming in the nation-wide operations of his company, which operates 1,378 store locations and the Tote in the United Kingdom, along with an online casino, sportsbook and poker site.
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Brewers Challenge Pirates for Wild Card -
The Pittsburgh Pirates are currently second in the National League’s wild card race, and they will challenge the third placed wild card contender, the Milwaukee Brewers (79-73), this weekend in a head-to-head series starting Friday. It won’t be easy as Milwaukee has been a mainstay atop the NL Central division until recently.
NJ SportsBetting Fee 0.25 percent fee on every bet placed -
In a letter written by New Jersey State Sen. Jim Whelan (D-Atlantic) and Assemblyman Vincent Mazzeo (D-Atlantic) to NBA Commissioner Adam Silver, a 0.25 percent fee on every bet placed and channeled to professional leagues such as the NBA, NHL, NFL and MLB was proposed.
Pokerstars Migrating To Pokerstars UK -
PokerStars.fr has notified UK customers of the migration of their accounts to PokerStars UK on October 1, 2014. This measure reportedly also applies to PokerStars.com accounts.
ECOGRA UPDATES SELF-REGULATORY REQUIREMENTS -
Independent online gambling regulatory adviser and testing agency eCOGRA, an organisation accredited by twelve different European regulatory jurisdictions, has announced the latest updates to its self-regulatory requirements
GBGC legal Challenge To UK Place of Consumption tax -
According to Olswang International legal firm, the Gibraltar Betting and Gaming Commission (GBGC) will have its legal challenge against the soon to be imposed UK Place of Consumption tax heard by the British High Court on Tuesday 23 and Wednesday 24 September 2014.
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