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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 :

Contagious Gaming Q1-2017 Report - Vancouver-based software developer Contagious Gaming reported on its first quarter 2017 results for the period ending June 30, 2016 saying it had achieved its first quarter of positive EBITDA.

China Issues Warning to 26 online gaming operators - China’s Ministry of Culture (MOC) has issued a warning to 26 online gaming operators ordering them to “clean up their act” following an investigation into illegal online cultural activities.

LVBet in Sponsor Deal With Kölner Haie - The deal makes LVBet the teams official betting partner, with several branding, social networking and publicity opportunities, including the operation of tournaments with prizes.

NYX Gaming released its Q2-2016 and H1-2016 results - Online gambling software and games developer and platform provider NYX Gaming released its Q2-2016 and H1-2016 results Monday, highlighting the following performances:

Tab Launches We Love A Bet Campaign - The Australian land and online gambling group TAB has launched a new brand repositioning and publicity campaign titled We Love A Bet which highlights the company’s role in providing unique social and memorable moments that punters experience when placing a bet.

Betsafe Sponsor Deal with Sheffield United FC - Football League One club Sheffield United FC has inked a single season sponsorship and official betting partner agreement with online gambling operator Betsafe.

Betsoft in deal with Code Cloud - Online gambling software and games developer BetSoft has clinched another deal with an Asian-facing operator, this one with Code Cloud, which will carry the full BetSoft gaming suite on its Xile99.com website.

GVC Holdings and IGT Awarded Romanian Gambling License - GVC Holdings and International Game Technology are the latest to receive licensing from the Romanian National Gambling Office (ONJN).

Ladbrokes named partners with Brisbane Bullets - Ladbrokes have proven to be a fantastic partner for the club, which were thrilled they will continue to be,” Melbourne Racing Club chief executive Brodie Arnhold said in a press statement.

Club Deportivo Leganes extends partnership with GoldenPark - MGA is a leading Spanish-based operator of todoslots.es and Goldenpark.es both of which are powered by gaming and sports betting platform provider OPTIMA.

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