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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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Recent Gambling News :
Gods of Egypt Slot -
This title features Anubis as the Scatter symbol and Ra as the Sticky Wild symbol. The bonus game is set in a pharaoh’s tomb where players are tasked to pick objects to reveal bonus prizes.
Speakers for IOM Gaming Summit -
The next KPMG sponsored Isle of Man eGaming Summit will include an impressive lineup of expert speakers, and will feature a cross-order debate involving regulators from the UK, California, Denmark, Schleswig-Holstein and Isle of Man.
Reef Run Slot Launches -
Yggdrasil Gaming is making waves in the online casino market with its first 3D video slot, Reef Run, a 5 reel 20 pay-line video slot with an undersea theme that features a host of ocean dwelling creatures that include colourful Octopi, crabs and sea horses.
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