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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.
Recent Gambling News :
Over 500 SuperBowl Prop Bets At Bovada -
#superbowl #bovada There’s no shortage of NFL props available in the days leading up to the Super Bowl, and all that attention in the sportsbook makes this an appealing time of year to join the sports betting community. Who will win MVP? Who will score first? With over 300 player prop bets and over 200 team prop bets available, wagering has never been better.
Aaron Mermelstein Wins Borgata WPT Main Event -
#borgata #wpt Philadelphia poker pro Aaron Mermelstein (27) took home the winner's prize of $712,305 and his first WPT title this weekend after besting an entry field of 989 players in the 2015 World Poker Tour Borgata Winter Poker Open.
Fantasy Sports Washington state lawmakers discuss skill vs. chance -
#fantasysports #draftkings Washington state Senator Pam Roach was in the front ranks pushing for the legalisation of daily fantasy sports at a preliminary hearing of her legalisation bill before the Senate Commerce and Labor Committee Friday, appropriately decked out in Seattle Seahawks regalia to indicate her Super Bowl favourite for Sunday.
2014 Casino Revenues Drop in Nevada -
Revenues on the Las Vegas Strip fell 2.1 percent to $6.37 billion in 2014, in contrast to Downtown Vegas where they rose 2.1 percent to $511.4 million.
5 More Online Casino Operators Exit Germany -
#germany #onlineCasino Five online casinos advised their German players in very similar communications this week that they plan to exit the German online gambling market on February 1, triggering speculation on whether this was an individual operator decision or one handed down by their common software provider, Playtech.
Sen. John McCain Wants USA SportsBetting -
With sports betting fever reaching its peak with this weekend's Super Bowl game, the focus on America's restrictive sports betting laws has intensified, with influential Republican Senator John McCain calling for the changes necessary to respect public opinion.
Alderney Cuts Cost Of Online Gambling License -
The Alderney online gambling licensing jurisdiction has announced major reductions in licensing fees as competition for business hots up in a market where national jurisdictions are increasingly dominant.
David Ginola Fails FIFA President Challenge -
About the best you can say about David Ginola's bid for the FIFA presidency is that the Paddy Power marketers achieved masses of publicity from their support of the former professional football player.
Danske Spil getting PlayNGo Games -
The company says that GAT's modular open architecture allows for easy integration of third-party products, with a back office that offers Danske Spil a foundation for its new interactive gaming offer.
RUSSIAN GAMBLING ZONES REORGANISED -
According to the Russian media agency TASS, businesses in Azov-City, one of the demarcated Russian gambling zones, have received a letter from Alexey Sheyan, Krasnodar Krai Minister of Strategic Development, informing them that the zone has to be "liquidated" by April 1, 2015.
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