Freemium Model Changing Tribal Mobile Gaming Industry

Freemium model is a new trend in Indian mobile gaming industry. The trend is changing the business model of the industry. Freemium model allows the player to avail and play the game for free at the initial stage for a limited level but is charged for the higher levels, more advance features, and for the functionality or the virtual goods. In addition, the leading players are focusing on freemium model as it helps them make more money than the paid ones. Moreover, the large studios with high-budget are also exploring the freemium model. Therefore, the demand of freemium payment model…

Tropicana 5th New Jersey casino to get Internet gambling permit

Press of Atlantic City – Tropicana Casino and Resort became the fifth casino to receive an Internet gambling permit in the state of New Jersey today. The state began issuing  permits last month with Borgata Hotel Casino & Spa becoming the first Atlantic City casino to be licensed. Internet gambling will go live in New Jersey on Nov. 26 following a five-day trial period. Golden Nugget Atlantic City, Trump Taj Mahal Casino Resort and Trump Plaza Hotel and Casino have all been issued permits to date, according to the New Jersey Division of Gaming Enforcement. Press of Atlantic City

Australian horse race betting losing market share

Press Release – The Horse and Sports Betting industry is undergoing significant change as governments abandon their holdings in state-based TAB operations to effectively develop a national wagering market. Private betting websites are also gaining a greater foothold in the market, due to changing consumer demand and preferences and improved access to betting websites. IBISWorld industry analyst Craig Shulman states, “Sports and events betting, while still low in revenue terms compared with racing betting, is the fastest growing segment in the industry.” The segment provides sports and events fans and professional punters the opportunity to wager on a wide range…

New York Mobile Sports Betting

Why Governor Cuomo wants gambling in New York

In his 2012 State of the State Address, when Gov. Andrew Cuomo pushed gambling in New York when he launched his casino initiative, the big idea was to end the constitutional prohibition of commercial gambling so that the Genting Organization, one of the world’s largest “gaming development companies,” could build “the largest convention center in the nation” in Queens, in New York City — an activity that the governor promised would “generate tens of thousands of jobs and economic activity that will ripple throughout the state.” But wait! Soon enough this plan had been completely inverted. By the time of…

Shadow minister warns of high street betting shop increase

iGaming Business – UK shadow planning minister Roberta Blackman-Woods has criticised the government for a change in legislation that she claims could lead to a further rise in the number of high-street bookmakers. Blackman-Woods said that the UK had already witnessed a 3% rise in betting shops over the past 12 months. “While many of us have been arguing for greater powers to assist local communities in shaping their areas, the government has been busy giving away the powers that do exist to provide for that,” Blackman-Woods said. “The government’s approach is entirely the wrong one and profoundly anti-localist. It…

1 Dead in Vegas Strip Shooting

CBS News – Police say one person is dead and two others are injured after an early morning Monday shooting at a Las Vegas Strip nightclub inside Bally’s Hotel and Casino. Las Vegas police Lt. Jay Roberts says the suspected shooter is in custody. The victims, whose names have not been released, were taken to University Medical Center. The conditions of the two who were injured were not immediately available. Roberts says the shooting happened about 5:45 a.m. Monday at Drai’s, an after-hours club that caters to the late-late crowd. It’s located in the lower level of Bally’s. The Strip…