Gambling News 26th March, 2012

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INTERNET GAMBLING IS GOOD FOR BUSINESS, RECENT STUDY FINDS

26th March, 2012 at 13:25:34
Universities of Nevada and Hamburg take a fresh look at whether online gambling causes losses for traditional gambling businesses

A new expert study of online gambling by academics at the universities of Nevada and Hamburg has presented an interesting new perspective on the impact of internet gambling on traditional gambling businesses, suggesting that, contrary to perceptions that it is competitive and deleterious to the latter, online action in fact enhances and expands traditional offline gambling business.

Full Story: Internet Gambling Is Good For Business, Recent Study Finds »

LAND CASINO GAMBLING TO REACH $113 BILLION ANNUALLY

26th March, 2012 at 13:25:34
New GIA study predicts growth will be skewed toward Asia Pacific region by 2017

A new survey of the global gambling industry conducted by Global Industry Analysts, Inc. predicts that the land casino market will have grown to $113 billion by 2017, driven mainly by the generation of incremental revenues from upcoming casino gaming facilities and the establishment of new casino gaming centers.

Full Story: Land Casino Gambling To Reach $113 Billion Annually »

IS 888.COM ABOUT TO APPOINT MATTINGLEY AS PERMANENT C.E.O.?

26th March, 2012 at 03:01:01
Rumour mill at full speed over the weekend following a Sunday Times report

The UK newspaper The Sunday Times revved up the online gambling news scene over the weekend, reporting without explanation that interim 888.com CEO Brian Mattingly (58) was in line for the permanent job at the internet gambling group.

Full Story: Is 888.com About To Appoint Mattingley As Permanent C.e.o.? »

BULGARIAN COPS CONTINUE ANTI-ONLINE GAMBLING DRIVE (Update)

26th March, 2012 at 03:01:01
Eastern European nation is clearly determined to enforce its online gambling laws

The recent approval of online gambling regulation in Bulgaria (see previous reports) has been followed by immediate enforcement action by the Bulgarian police.

Full Story: Bulgarian Cops Continue Anti-online Gambling Drive (update) »

CHINA'S GAMING MARKET CONTINUES TO GROW

26th March, 2012 at 03:01:01
Latest statistics on internet gaming in the wider sense give an indication of the immense potential of China

New research statistics on internet gaming in China in its widest sense (as opposed to online gambling per se) give an indication of the massive size and potential of this populous and economically active Asian nation.

Full Story: China's Gaming Market Continues To Grow »