Will Problem Gamblers Threaten The Very Existence Of The Online Casino Industry?
It has been estimated that the gambling industry will make a profit of about $10 billion this year. With an increasing number of Americans joining the league of internet gamblers, online casinos are hitting the jackpot themselves! Now, who needs land, cocktail waitresses, mixed drinks, and glamorous lighting? It’s just players and dollars floating all over the web!
However, amidst the celebration, casino owners do have a complaint. The casino industry is still not regulated. Many site owners are of the view that once the government legalizes this industry, it would make double the present profit.
One of the burning issues of online casino industry is that of problem gamblers. Then, there are minor gamblers. However, the site owners are not fazed by such issues. They claim to possess measures to deal with these points. One of them is credit transaction. According to them, one can track gambling behavior through such transactions.
Click here to continue readingWhen The US Economy Is Counting Its Losses, The Online Casino Industry Is Churning Profits!
One thing that will light up the faces of Americans amidst the economic gloom is the tremendous boost in the online casino industry. A report released by the Global Betting and Gaming Consultants suggests that the present economic turbulence has proved to be a boon for the gambling industry. It has been estimated that the gambling industry across the globe is gonna expand from $345 billion to $433 billion in the next 4 years.
The economic impact had been so strong that companies all across the US began to downsize their workforce. Some of them even stopped hiring. But, in the online casino industry, the scenario is exactly the opposite. A large number of job opportunities have been created here despite the economic slowdown. This is because the expanding industry needs people to handle it and provide casino services and products to the consumers.
Online casino owners are excited about the present
Click here to continue readingOnline Casino Goes Mobile
The online casino industry has introduced a new mobile casino option. Gambling from a mobile device was not possible earlier, but now with the rapid popularity of innovative iphones, blackberries, and PDAs, mobile casino has become a thing of possibility. These days, all mobile technologies are on the go and this has given the online gaming industry a new platform to reach their target audience. Gone are the days when you had to connect to the Internet through a computer in order to be a part of the online casino world. You can now conveniently wager from anywhere in the world- using just your mobile phone.
The online gaming option is available on 800 different mobile devices. The range includes everything from Java and RIM Blackberry 7000 series to Palms, Smartphones, and Windows Mobile Pocket PCs. This way, you probably already have a mobile device that can connect you to the
Click here to continue readingEverest Poker Has Launched The Online Version Of The European Cup
Everest Poker, a well known name in the online casino industry, has recently announced the launch of the Everest Poker European Cup (EPEC) through its online poker room. EPEC is the largest free roll tournament in Europe. This tournament starts every year from the last week of December and runs till February. The coming event is going to be the third EPEC.
Everest Poker has been organizing the European Cup for the last three years. The first two tournaments were held live in selected locations in different parts of Europe. This is the first time when Everest Poker is going to offer a combination of both online tournaments as well as live qualifiers. This way, they are actually offering an excellent opportunity for online casino players from all around the world to participate in the event and win a “wow” prize amount. The prize pool offered by Everest Poker European Tournament
Click here to continue readingChina Has Laid Restrictions On Online Casinos, Is The US All Set To Follow?
Guess what the US, who boasts of providing freedom of thought and expression to its citizens, has done recently. It has formulated a perplexing law named UIGEA for prosecuting as well as blocking online casinos. It seems that US is determined to thwart online gambling sites from operating. It seems to be following the footsteps of China religiously.
China has already brought its citizens’ internet activities under the scanner. Since long, it has deployed some of the best technicians in the country to spy on its citizens. Besides, it has passed laws to censor online content. The country also scrutinizes the usage of the web to find out sites that are “inappropriate” such as those encouraging free expression, dissention with politics, online casinos, and likewise.
China has also ordered all internet cafes to install mechanism that lets the government spy on the users easily. The pretext is safeguarding the copyrights. This is
Click here to continue readingIt’s Boom Time For Online Casino Industry
2006 was a great year for the budding online casino industry. And so were 2007 and 2008. Year after year, the popularity of online gambling is rising incredibly. It has reached such heights now that casinos have almost become an integral part of the mainstream society.
The recent reports published by the top financial analysts have revealed that this industry is growing at the rate of 8 percent every year. With a colossal number of players signing up for such sites, some online casinos have even recorded an amazing growth of 25-50 percent!
It’s just been a decade and the online casino industry has taken giant strides towards success. Today, it has become a separate entity in the gambling industry, thanks to the launch of advanced technology that is industry specific. This has enabled the casino industry to meet the burgeoning demands of innumerable sites that need constant updating, organizing conventions and
Click here to continue reading7 New Games Launched By Cryptologic
CryptoLogic has recently introduced the newest series of seven new online casino games. CryptoLogic is a leading software developer and quite a reputed name in the internet gaming market. The slot game based on the Merian C. Cooper’s King Kong is the highlight of this 7-pack game launch. Other games include upgrades to their European Roulette software, the new European Blackjack, and a slot machine branded after Casinomeister. You must have heard about Casinomeister before. It is a popular online portal where you can access the most up-to-date information and news on various events happening in the online casino industry. It also deals with various issues associated with players and online gambling.
CryptoLogic has been in the online casino industry for years and they have launched lots of branded games based on popular characters. Most of these have touched new heights of success. All these games have been highly profitable
Click here to continue readingMillion dollar jackpot at Roulette Royale
Roulette is without doubt a game where you don’t have to deal with a high house vigorish, yet you have a chance of winning quite a big sum. As one of the most widely known and appreciated table games in Europe, roulette became one of the symbols of casinos – both brick n’ mortar and online ones. With time, the game developed into few variations – American, European, French and progressive jackpot roulette.
When it comes to the progressive roulette games, one of them recently brought a huge payout to a lucky player. One of the gamblers at All Jackpot Casino won an amazing sum of $1.33 million in a game of Roulette Royale. As David Brickman, Jackpot Factory’s VP of Player Affair said in a press release, this is the largest jackpot that has ever been won with a progressive roulette game developed by Microgaming casino software company.
The lucky winner
Click here to continue readingNew Report Predicts the Future of Online Mobile Gambling
According to “Mobile Gambling: Casinos, Lotteries and Betting 2008-2013″, the latest report made by Research and Markets, the year 2008 was quite good for mobile online gambling sector, despite unfavorable conditions on the internet gambling market as a whole. The report reviews the current situation on the global mobile gambling market and makes some predictions how the situation will look in 2013 for eight major regional markets like UK.
The research is one of the most detailed publications regarding the current online mobile gambling industry. It is divided into several sections, each covering one of the primary sectors of the mobile market – sport betting, lotteries and casinos. One of the most important parts of the report referred to recently made regulatory gambling legislation, both nationwide and worldwide.
It is amazing how quickly the mobile gambling industry has grown and what size it has reached. Although it appeared in the mid-to-late nineties,
Click here to continue readingMore Information About the Gambling Market Thanks to CAP TV
Casino Affiliate Programs, or CAP in short, is a popular online resource for many gaming webmasters and online casino marketing. They have given information that a new video feed, the CAP TV, will be implemented to the website.
However you should not mistake the new addition with the current videos that are already available on their homepage. The new CAP TV is going to be something better, will have more depth and will focus on affiliate marketing and gaming news.
Apart from the updates taking place every week, the CAP TV episodes will be focusing on special industry promotions, give advance notices of industry
events and have interviews with the most important people in the gambling industry. This is probably going to focus on the casino sector, however other sectors will have their parts as well. There will be some special previews of the CAP conferences that take place in many places,