While the world’s regulated online poker market has shrunk by 23% over the past two years, US-friendly sites have been experiencing some impressive growth over the same period of time and continue to outperform their licensed competitors. Bodog, for instance, has grown by 43%, the Winning Poker Network (WPN) by 77%, and the Chico Poker Network by an impressive 125%, raising the question whether it is these sites innovations or their virtual monopoly over the US market which is driving their traffic forward. Bodog was one of the first operators to recognize the damage done by online grinders relieving amateur…

Given the secular decline of the online poker industry, Amaya (parent company of PokerStars) will be hard-pressed to double the size of its poker arm in the next five years. That’s one of the focal points of a new research report on Amaya authored by Adam Krejcik of Eilers Research and Online Poker Report publisher Chris Grove. Eilers has proven to be one of the more sobering (and accurate) voices with regards to online gaming revenue predictions. Its latest report continues that trend, and not without good reason. The online poker industry is in the midst of a multi-year downswing,…

Like most video producers who use YouTube, I really want to get my content seen and grow my channel. I am not interested in fake views that get videos pulled down. I am not interested in fake subscribers to inflate my ego. In fact, I am not interested in anything fake when it comes to my business. Sadly, however, I stumbled upon possibly the biggest fake of them all: Music Nations Network! This den of thieves contacted me last August with a great sales pitch. They would help me grow my audience by adding my content to their “network” and,…

Bitcoins are a form of currency which is decentralized.Decentralized form implies that this currency is not regulated by any government or any financial institution.This form of currency is very different from traditional form where you require lot of paper work in orer to open an account . Only what all you need is to establish a bitcoin wallet,that will be used by you to access your bitcoins and to transfer bitcoins to other people. . Basics To Setup An Account To establish a bitcoin wallet you can use bitcoin broker such as Coinbase.A certified broker will help you in opening…

The big question is , are US players still acceptable to the online casino sites?. Well,this is quite difficult to answer as the question is tricky.Few years back,we can say during Bush regime ,online gambling for US citizens was made a little difficult through some legislation from them.Basically,the main summary of the legislation was that financial institutions could not transact with the people and businesses engaged in online gambling.Although ,there was a clause in the legislation which said that people  can continue to involve in online gambling if they manage and found alternative methods of making transactions. This put people…

Shares of Las Vegas-based casino operator Wynn Resorts ended Thursday’s trading day up over 7%, making it TheStreet’s Move of the Day. The reason was merger speculation. TheStreet’s Jim Cramer, portfolio manager of the Action Alerts PLUS Charitable Trust Portfolio, noted on CNBC there is speculation of a Wynn merger with Las Vegas-based competitor MGM Resorts International. Wynn’s first-quarter earnings, released in late April, included earnings per share of 70 cents, falling short of the consensus estimate. Revenue slumped almost 28% year over year to $1.09 billion. Revenue from Wynn’s Macau properties, a major casino hub in China, dropped nearly…

Gaming and hospitality firm MGM Resorts International has announced that its MGM Grand Detroit subsidiary has entered into a long-term agreement with NFL American football team the Detroit Lions. Under the deal, the terms of which were not disclosed, the two parties will work together to build a luxurious space at the team’s Ford Field home stadium. The ‘MGM Grand Detroit Tunnel Club’ will accommodate more than 100 fans and guests of the casino during Lions’ home matches and stadium events. Those in attendance at the new facility will have access to an up-close view of Lions players leaving and…

A recent report that found federal employees improperly used government credit cards at casinos could have unnecessary consequences for the gaming industry, the American Gaming Association warned today. In a May 19 report, the Department of Defense Inspector General’s Office said it discovered hundreds of thousands of dollars in transactions where department card holders probably used their cards at gambling halls and “adult entertainment establishments” for personal purposes. The report made several recommendations, including that the government consider blocking cards from being used at specific casinos or adult entertainment businesses. The gaming association is taking issue with that recommendation. Geoff…