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LIBERALISED U.S. ONLINE GAMBLING UNLIKELY TO BE AN EASY MARKET

Top online gambling executives made some sobering comments in discussions at the Gaming Executive Summit in Madrid this week which examined the possibilities of a liberated American online gambling market.
 
888’s CEO Gigi Levy predicted that the US will remain protectionist and restrict Internet gambling licences to US companies in the event that the country changes course to a more enlightened and regulated online gambling policy.
 
“The US will be protectionist even if it regulates, and its withdrawal from its GATS (General Agreement of Trade and Services) commitments means it doesn’t have to conform to any World Trade Organisation regulation on internet gambling," he opined.
 
Referring to moves at individual state level in the US aimed at liberating online poker, Levy added: “There are five other states we know of that are considering regulating online poker, and we know the licences will go to US companies,” without elaborating further.
 
Bwin co-chief executive Norbert Teufelberger, Playtech chief executive Mor Weizer and PartyGaming chief executive Jim Ryan all took part in a wide-ranging discussion that covered global issues impacting the online gambling industry.

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Ryan predicted that regulated online gambling will see major media companies and state monopolies becoming a significant competitive threat in the industry, perhaps more so than traditional corporate rivals.
 
He said: "The world is changing as regulation takes different shape in different markets. But upcoming regulation means new entrants and competition in the market, and I worry less about direct competitors such as those sitting on this panel than I do about government-licensed operators and major media firms targeting their power markets in the future.”
 
That said, Ryan commented further on direct competitors in online poker, observing that those rivals who still accepted US business presented formidable competition as they ploughed back huge profits into marketing elsewhere in the world,  and benefited from the significant player liquidity that the US market provided. He described this as a "humbling experience" for his company, but one which had motivated it to "improve our products and offers and to really up our game."
 
The high-powered panel seemed to agree that the global Internet regulatory model in the industry has been supplanted by a more regional-national approach as individual nations, especially in Europe, draw up protectionist regulations aimed primarily at keeping their markets to themselves.
 
Playtech's Mor Weizer said that this more restrictive and insular approach had enabled Playtech to become the number three poker network in Italy, filling the regulatory requirement for an Italians-only online venue.
 
Bwin co-CEO Norbert Teufelberger discussed the line between b2b and b2c models, emphasising Bwin’s commitment to the business-to-consumer approach.
 
“We believe the b2c model is what operators should be striving for," he said. "We will only do b2b agreements with select partners, and we do this through our sports content, which is unrivalled in the industry."



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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