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ITALIAN ONLINE POKER DELIVERS IMPRESSIVE GROWTH
Posted 1/19/11 : Regulator AAMS reports 28 percent growth last year
The perception of a booming internet gambling market in Italy was given a further boost this week with the release of official statistics by regulator AAMS showcasing growth in online poker of 28 percent in 2010.
Star of the show was tournament poker, which delivered 65 percent of all internet gambling turnover in Italy last year, with internet skill games increasing in popularity as well, growth rising to 34 percent and reaching Euro 3.15 billion (2009: Euro 2.35 billion).
Fixed odds sports betting also showed promising growth, up 11 percent to Euro 1.35 billion, whilst internet bingo, introduced to the Italian market in December 2009, generated Euro 146.14 million.
Operators are keenly anticipating more Italian action in 2011 with the expected introduction of poker cash games in February, and of online casino gaming mid-year. Many analysts are predicting that the launch of these two new verticals will double revenues in an already very successful market by the end of 2012.
The launch of poker cash games in February 2011 and casino in June 2011 has been estimated by analysts to double turnover from the Italian market in 2012.
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Gambling News :
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
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