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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 :
#888poker Blast Promotion -
In a good example of its continually evolving promotional innovation 888Poker has announced a new online game which will be launched Monday July 25 titled Blast.
Pokerstars Cash Game Traffic Down 50 Percent since 2011 -
#pokerstars #888poker New numbers from online poker monitor Pokerscout reveal the alarming news that 7-day average cash game traffic at market leader Pokerstars has declined 50 percent since 2011, with the latest figure of 11,500 players continuing the trend.
Pokerstars Cutting Staff in the UK -
Reports from insider sources at Amaya Friday indicate that the Pokerstars parent group is cutting staff in its London offices as "dozens" of jobs are either eliminated or transferred to the Isle of Man headquarters of the online poker giant.
Major Greek Online Gambling Ring Busted -
The region includes the Greek capital of Athens, and police raids have reportedly targeted the citys affluent suburbs, where the ring operated from several expensive houses and apartments.
VulkanBet has gone live -
#UltraPlay #VulkanBet has announced that the online casino and sports betting operator VulkanBet has gone live on its Malta-approved Playfinity platform, enabling the operator to offer in-play betting across a range of sports via the Overwatch service.
IBID Group acquires Pragmatic Play -
The new owner plans to bolster the current senior management team by recruiting and appointing experienced managers from providers who service the land casino industry.
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