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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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Gambling News :
Winaday Launches Zodiac Slot -
Online casino WinADay, which is powered by proprietary software, has announced the launch of a new 5 reel, 40 pay-line slot branded Zodiac.
Paul Telford joins Annexio Group -
Paul Telford, a 17-year veteran in the online gambling industry and former General Counsel at Pokerstars parent The Rational Group, has joined the Isle of Man-based Annexio Group, a lottery betting services provider, in a similar capacity.
Microgaming Gets Romanian Gambling License -
A number of Romanian and .com operators are now preparing to take Microgaming’s Quickfire platform live in Romania, Prima advised Thursday in a press release. Supporting hundreds of games on desktop and mobile, Quickfire is designed for rapid deployment.
MYBET SHUTS DOWN ONLINE POKER OPERATIONS -
Earlier this year MyBet announced that it was reviewing its poker vertical following a disappointing financial performance the previous year, when the vertical contributed a mere Euro 1 million to overall revenues of Euro 63 million.
2016 WSOP Event 35 -
Poker pro Michael Gathy became only the second Belgian to win three World Series of Poker bracelets in his victory this week when he defeated Adrien Allain of France in the $5,000 buy-in Six-Max NLHE event to claim the top prize of $560,843.
2016 WSOP Event 36 -
Going into the heads up against French ace Fabrice Soulier, Awad held a 3 to 1 chip advantage which Soulier was unable to overcome despite scoring two big double ups. The French professional player busted out for a consolation prize of $131,762
Adda52.com capitalises on it partnership with WPT -
Indian online poker operator Adda52.com is making the most out of the promotional opportunities inherent in its partnership deal with the World Poker Tour, reporting that its next promo will be titled "Your Ticket to World Poker Tour - Rozvadoz edition."
IsoftBet Gets Romanian Gambling License -
London-based online gambling software and games provider iSoftBet has announced that it has secured a supplier licence from the Romanian regulator allowing it to service Romanian-licensed operators in the new market.
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