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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 :

Bet365 betCall product alleged to be circumventing local betting law - The Interactive Gambling Act 2001 prohibits the placing of bets on events that have started except via telephone," the newspaper explains, observing that the three UK-headquartered companies get around this requirement by only accepting bets if punters have their computer microphones turned on.

Romania Blacklists 50 Online Gambling Websites - Oficiul National pentru Jocuri de Noroc (ONJN), the Romanian gambling authority, has announced the publication of a blacklist identifying 48 websites that have accessed Romanian online punters without the necessary licensing and have consequently been banned.

2015 WSOP Little One for Big Drop event - Continuing the best traditions of talented young German players, 24-year-old Leipzig student and part time player Paul Hofer bested a field of 4,554 other players to win the $1,111 buy-in Little One for Big Drop event at the World Series of Poker Friday night.

2015 WSOP Event 63 - Also competing on his ninth final WSOP table was Don Zewin, who has been playing at the World Series for the last three decades but is still hunting a bracelet.

Paddy Power's guerilla marketing tactics paid off - Tongue in cheek, the gambling company picked up on the strong opinions around a sensitive subject, and generated a promotion designed to attract attention and publicity.

Aussie Betting Firms Deny Illegal In Play Betting Offers - Media reports in Australia that the federal police are enquiring into the legality of William Hill and Ladbrokes in-play betting offers have been rejected by the Australian divisions of the two companies.

Hot as Hades Slot Launches - The new game is a 5 x 3 reel, 20 line slot, with a tongue-in-cheek theme based on Greek mythology. Hades, with his flaming hair and cheeky grin, takes centre stage as he embarks on an adventure to Mount Olympus with his three-headed sidekick, Cerberus.

Optimal Payments has provided a trading update - Online payments group Optimal Payments has provided a trading update covering the six months period to 30 June 2015 ahead of reporting its interim results on 26 August 2015.

2015 WSOP Event 59 - Alex Lindop, a 25-year-old professional player from Stoke-on-Trent, has claimed the UK's second bracelet in this year's World Series of Poker, besting a talented field of 2,154 other players and claiming the $531,037 winner's share of the $2.9 million prize pool.

Pokerstars Launches Let California Play Poker Drive - Pokerstars and its California tribal and cardroom allies have upped the ante in the fight for fair and open online poker legalisation in the Bear State by launching a new Professional Player Tour initiative titled Let California Play!

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