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CANADIAN GAMBLING REVENUES ESSENTIALLY UNCHANGED
Stats Canada reports on the 2009 numbers
Net revenue from provincial government-run lotteries, video lottery terminals, casinos and slot machines not in casinos totalled Cdn$13.75-billion in 2009, essentially unchanged from the year before, Statistics Canada reported this week.
The monitoring agency revealed that revenue from gambling plateaued at roughly Cdn$13.7-billion in 2007, and has remained at a consistent level ever since.
In 2009, casino gambling accounted for 34 percent of the net revenue, with lotteries making up a further 26 percent; slot machines outside casinos, mainly at racetracks 21 percent, and VLTs 19 percent.
Profits from gambling totalled just over Cdn$6.7-billion in 2008, or 4.7 percent of all provincial revenue.
Using 2008 numbers, Stats Canada reports that gambling participation and average expenditures increased with household income. For example, 51 percent of households with incomes of less than Cdn$20,000 gambled, spending an average of Cdn$395.
Among households with incomes of Cdn$80,000 or more 78 percent gambled, spending an average of Cdn$555 in 2008.
Provincially, average household spending on gambling in 2008 was highest in Saskatchewan at Cdn$720, followed by Alberta at Cdn$645. It was lowest in Quebec at Cdn$390.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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