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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.
Gambling News :
TransGaming Launch New Social SLots -
Canadian smart TV software developer TransGaming Inc. has launched a new free-to-play social slots game on Freebox Revolution in France, the triple-play box of French broadband and telecom operator Free.
Updates to the 2009-2010 Paysafe Hack -
Paysafe, the parent group for online processors Neteller, Skrill and other companies, issued an update Monday on its investigation into a hack believed to have taken place in 2009 - 2010.
Pan for Gold ScratchCard Released -
HTML5 gambling software developer CORE Gaming has integrated mobile motion technology in its latest instant scratch card game release which is themed on the Wild-West.
Season 9 Grosvenor UK Poker Tour Results -
The Season 9 Grosvenor UK Poker Tour (GUKPT) final event, which played out at the Grosvenor Casino Victoria, broke records with an entry field of 321 and a prize pool of GBP 642,000, far exceeding the GBP 400,000 expectation.
First Legal Norway Poker Tournament a Success -
#norway Norway's more practical approach to poker following years of prohibition that has forced national competitions to be held offshore has resulted in the first - and very successful - locally held championships, which concluded in Oslo this week.
Massachusetts Still Hoping for Online Gambling -
#Massachusetts Tarr proposes that online gambling licenses be granted exclusively to two major land casino operators, MGM Springfield and Wynn Everett, who are expected to commence operations in the future and will benefit from being allowed to offer online gambling.
Virtue Fusion in deal with Sun Bingo -
Playtech’s Virtue Fusion bingo division has inked a five-year deal with Sun Bingo that will see existing Sun Bingo and Fabulous Bingo players migrated from the Gamesys platform in the third quarter of 2016.
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