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Uk Online Gambling Market Going Strog

Friday May 10, 2013 :  ONLINE GAMBLING ON A ROLL
 
Investment publication says GBP 2 billion market in the UK is showing no signs of slowing
 
Online gambling in the UK is a huge growth industry, the publication MoneyWeek reported Friday, pointing to estimates that growth has been at around or over 20 percent per year for the last decade, and the UK market was worth over GBP 2 billion in 2012...80 percent ahead of just four years ago.
 
MoneyWeek attributes easy and improved internet access as a primary factor in that growth, observing that it is hard to think of an industry that has benefited more from the instant availability of digital information, from the ability to communicate with people all around the world  to sending money at the touch of a button.
 
"Gambling always used to require premises – the betting shop, the bingo hall, the casino. No more. Now the roulette table comes to your TV screen, your poker opponents are waiting online and sporting odds are flashed to your mobile device," MoneyWeek's Tom Bulford remarks.
 
Entrepreneurs have been quick to see the possibilities, building successful businesses in different internet gambling sectors such as sports betting, where in-play action has become immensely popular; online casinos where the excitement of the land casino is delivered to PC and mobile devices in both live dealer and RNG formats; bingo and poker, where big money tournaments and cash games have become the norm.
 
MoneyWeek opines that the availability and wide choice of games have attracted new users. The fastest growing category has been women.
 
"For men, however the motivation is slightly different," the publication notes. "Young men are particularly prone to gambling and go for casino games and skills-demanding games that are traditionally associated with the male identity."
 
Whatever the motivation, online gambling is growing fast and showing no signs of stopping.
 
MoneyWeek does not delve into the forthcoming UK tax changes, which will see operators wishing to access the British punter having to acquire UK licensing and pay an as yet undefined UK tax.



Gambling News :

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$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

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