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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 :

Russia Approved Land Gambling in Crimea - The Russian news agency RAPSI reports that Russian president Vladimir Putin has signed a decree authorising land gambling in Crimea, a territory annexed from Ukraine by Russian political and activist interventions earlier this year.

Ezugi To Supply Live Dealer Tables to Bitstars - The virtual currency online casino Bitstars.net has announced that it has inked a deal with live dealer supplier Ezugi for the supply of live table games including Roulette, Blackjack, Baccarat and Lottery action.

Pokerstars released details of its charitable donations - The Rational Group, parent company of Pokerstars and Full Tilt, has released details of its charitable donations totalling $560,078 over the past 7 months, mainly benefitting victims of Typhoon Haiyan in the Philippines last year.

US Social Gaming Threat? - The respected international rating agency Fitch has issued a report on social gaming, noting that casino-themed games on social networks pose a competitive threat to regional land casinos.

Fantasy Sports Trade Association supports Adelson - The fantasy sports industry has thrown its support behind Sheldon Adelson's attempt to ban internet gambling in the United States through the Restoration of America's Wire Act introduced to Congress earlier this year by Senator Lindsey Graham and Representative Jason Chaffetz .

Slingo Adventure - RealNetworks, which acquired Slingo in July last year for $15.6 million, has used the Casual Connect conference currently ongoing in San Francisco to debut its new Slingo Adventure game, described as an innovative spin on the classic slots and bingo combo that has proved popular with millions of players around the world.

French sports betting operators happy with world cup - Charles Coppolani, the president of the French online gambling regulator ARJEL says the recently completed World Cup football festival in Brazil was good for French sports betting operators

New KYC Software for Betfair - The online and mobile credentials management firm Jumio, Inc., has announced that its player verification system NetVerify has gone live with the Betfair internet gambling group in the UK.

South Park: Reel Chaos Slot - Net Entertainment is to follow its popular South Park slot with a 5-reel, 3-row, 20-line video slot titled South Park: Reel Chaos with a launch date within the next few weeks.

Full Tilt Casino using Amaya Gaming Group Games - Montreal-based online gambling group Amaya Gaming Group Inc. announced Monday that a selection of its online casino games has been launched on Full Tilt Casino to bolster the site's expansion into internet casino gaming.

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