Category: Online Gambling Stories
Denmark Gaming Revenue Rises
The Gambling Authority has revealed that gross gaming Denmark gaming revenue increased from DKK2.045 billion (€273 million/$375 million) in 2012 to DKK2.375 billion in 2013 despite a sharp fall in online poker revenue. Full-year online poker revenue dropped from DKK220 million in 2012 to DKK195 million in 2013, but increases in all other metrics secured an overall increase in gross gaming revenue. SKAT said that betting revenue increased from DKK1.175 billion to DKK1.385 billion, while gambling on games shifted up from DKK870 million to DKK990 million. In the fourth quarter of 2013, through to December 31, betting increased from DKK355…
South Point Launches Nevada Web Poker Product
Card Player – A third Nevada online poker operator is now taking action. Real Gaming, the brand under which South Point Casino has ventured into the online space, has began what is considered its soft launch phase. The firm’s website can be found here. Originally slated to be called “South Point Poker”, the company re-branded last year. South Point was once considered to be the favorite to be the first Nevada site up and operational, but it was leapfrogged to the market by Ultimate Poker — an offshoot of Station Casinos — and the WSOP — owned by Caesars Entertainment…
Majority of U.S. voters oppose federal ban on online gaming
The Hill – Most people believe states should decide whether to regulate online gambling and are opposed to a federal ban, according to a new survey. The Coalition for Consumer and Online Protections (C4COP), a gambling advocacy group, released a survey Tuesday that found three out of four voters believe states should have the right to legalize online gambling for their own citizens. The poll also found that 57 percent of voters are opposed to a federal ban. “The American public doesn’t want Congress to pass a sweeping ban of all online gaming,” Alison Harden Siciliano, C4COP spokeswoman, said in…
Swedish gaming operator Cherry registers full-year loss after online gaming investments
iGaming Business – Swedish gaming operator Cherry has registered a net loss of SEK8.2m (€902,000/$1.3 million) for 2013. Cherry said that the loss was due to investing in online gaming operations, with the company having launched the SpilleAutomater.com website and invested in game development company Yggdrasil Gaming and the Klubblo lottery in partnership with Swedish sports and media group Metro. Cherry also acquired 49% of online gaming company Web Resorts in November, and the company reported a SEK10.6 million net loss for the fourth quarter, even though total sales increased by 16% to SEK75 million. Turnover for the year increased…
Spanish Gaming Business Council hits out at online slots proposal
iGaming Business – The Spanish Gaming Business Council (CEJUEGO) has warned against the legalisation of online slot games in the country. CEJUEGO said that it would be opposing the draft legislation to introduce online slots that was prepared by the Directorate General of Online Gaming (DGOJ) and will be debated by the Policy Council today (Wednesday). CEJUEGO claimed that introducing the games would be “enormously damaging to the gaming industry as a whole”. CEJUEGO counts a number of land-based gaming companies amongst its members, including Codere, CIRSA and Grupo Acrismatic. Alejandro Landaluce, the director general of CEJUEGO, said: “The approval…
Mobile gaming boosts New Jersey online gambling
Philly.com – Internet gambling analysts and casino executives say the increased use of cellphones to place bets could accelerate the growth of the nascent industry in the state. “Mobile applications will play an enormous piece of the puzzle in online wagering, which is why we are so positive and see so much upside in months ahead,” said Joe Lupo, senior vice president of the Borgata Hotel Casino & Spa, which began offering gambling Monday over Android cellphones on 3G and 4G networks. Lupo’s casino also allows phones using WiFi connections to access its online gambling sites. The casinos won $7.4…
















