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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 :
Improved mobile targeting For betfred -
The campaigns, which reach over 100 000 subscribed players, aim to provide relevant and targeted messaging while bridging between the online and physical sectors.
Asian Betting Sites Lying About LGA Approval -
Malta regulator Lotteries and Gaming Association has warned it has no connection with Asian-facing online gaming website hg68.com, saying its licensing claim is both false and misleading.
Dutch Gambling Bill Moving Forward -
Amendments to the Dutch Gambling Bill, which include gaming tax reforms, remote gambling law and laws on games of chance, have been remotely submitted to the Lower House of Parliament.
Move To Tighten Philippines Online Gambling regs -
Policeman turned Philippines lawmaker Rep. Samuel Pagdilao is concerned about the dangers to young people that he feels online gambling represents, and this week launched House bill 4540 in an attempt to tighten regulation.
June revenues up 14.4 percent in Nevada -
The latest performance figures from the Nevada regulator show that land casinos in the Silver State enjoyed a 14.4 percent increase in overall revenues in June, thanks mainly to a surge in baccarat win.
Parx Casino adds To Play4Fun SIte -
The Parx land casino in Pennsylvania is spreading its free-to-play social casino games business around, adding the Play4Fun site with software from Williams Interactive to its selection from GameAccount Network .
Political donations Against Internet Gambling Up -
Looser restrictions on the amount that businessmen can spend on political contributions have seen an up swell in political donations led by Sheldon Adelson's campaign against online gambling, the publication Opensecrets reports.
South Carolina Residents Negative On Online Gambling -
Respondents to the latest Palmetta Politics poll in South Carolina gave a negative reaction to the hypothetical legalisation of online gambling in the state this week, with 68 percent opposed to legalisation, 17 percent in support, and 15 percent undecided.
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