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Online Poker Traffic At 6 Year Low

Thursday September 5,2013 : ONLINE POKER TRAFFIC THE WORST IN SIX YEARS
 
Steady 10 to 14 percent annual decline flagged.
 
The heady days of online poker experienced in the second half of 2010 - first quarter of 2011 appear to be behind us, according to latest numbers , and current player traffic stats indicate that this metric has reached its lowest point in the last six years.
 
Despite new markets opening in France and Italy, the US enforcement actions of April 2011 - dubbed Black Friday - severely impacted the industry, shutting down major online poker providers like Full Tilt Poker and Pokerstars and ravishing US player traffic, creating a 20 percent international decline almost immediately.
 
The shutdowns set in train a steady annual decline of traffic of between 10 and 14 percent that has continued to the present, with overall player traffic in August reaching its lowest level in the last six years.
 
Tthe boom days started in 2003 with traffic almost doubling each year through 2005 as big money tournaments were televised, capturing the excitement and tension of the game and creating unprecedented player interest and involvement.
 
Growth weakened slightly in 2006 but remained buoyant, with the World Series of Poker and Jamie Gold setting record entries and winnings for the main event.
 
However, the first big blow to hit the industry took place in October of that year when anti-online gambling US politicians drove the Unlawful Internet Gambling Enforcement Act through Congress attached to an unrelated security bill, creating major disruption to financial transactions between players and operators.
 
Still, the industry managed to prevail, although growth rates slowed to about 10 percent annually, according to Pokerscout's calculations, and as the industry grew accustomed to the hindrance and found ways around it, growth resumed its upward curve, peaking at around 32 percent in overall growth each year during 2008 and 2009, with Full Tilt Poker and Pokerstars both increasing traffic by 50 percent p.a.
 
Late 2010 to early 2011 saw traffic reach its highest ever immediately prior to Black Friday and the suffocating effect that this enforcement action had on players in the key United States market.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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