Online Casino News From Around the Globe

Online Gambling Revenues In New Jersey Reach Record Highs For Month of July
Aug14

Online Gambling Revenues In New Jersey Reach Record Highs For Month of July

New Jersey’s online gambling revenues have been soaring for many months and new records are being set. The New Jersey Division of Gaming Enforcement (DGE) released figures on Tuesday which show a record generating month for the Garden State. Online gambling revenues recorded $25.9m for the month of July which is a $5.3m increase year-on-year and beats the previous highest revenue month in March this year by $300k. Once again the star performer is the Golden Nugget casino who reported just over $9.3m from their online casino operations. This is also an all-time record high for the Golden Nugget whose previous highest revenues was $8.65m in the month of March. Second place again was the Borgata with $4.9m in total with nearly $468k coming from Poker sites. Third place was Resorts Digital Gaming with $3.94m, of which $653k came from Poker. Fourth place went to Caesars Interactive Entertainment with just under $3.8m. Fifth top highest earner was the Tropicana with $3.35 million. The latest igaming revenues make total online revenues for the year-to-date $165.4m which is a 16.5% increase. Revenues in the new are expected to grow with the newly launched Ocean Resort Casino and Hard Rock Atlantic Casino which started generating...

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Problem Aboriginal Gambling To Be Addressed In Victoria Meeting
Aug13

Problem Aboriginal Gambling To Be Addressed In Victoria Meeting

The negative impact of gambling on vulnerable communities is a common accusation of gambling opponents. We have seen this in the UK with fixed odds betting terminals and in the US where many casinos are located in Native American tribal lands. The location of casinos in vulnerable and lower socio economical areas is no coincidence and many believe that this reality has a devastating effect on the local community. The aboriginal community in Australia is yet another example of this as gambling addiction is higher within that community in comparison to the overall population. In response to this the Victorian Responsible Gambling Foundation will host a meeting to discuss the harmful impact on Victoria’s Aboriginal community.This meeting is unique in Australia and will attract both local and international experts. Over $200,000 will be pledged by the state government over three years to fund gambling research in Aboriginal communities. Foundation CEO Louise Glanville commented on the new efforts to tackle the gambling problem and said,” This project will aim to help us understand and build on Victorian Aboriginal Health Service’s own successes in supporting Aboriginal communities affected by gambling harm, and offer the Foundation insights into how we can better support other communities facing similar challenges.” The foundation’s work includes efforts on their part to assist people from recovering from harmful gambling...

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Ireland Looking Into Banning All Gambling Advertising
Aug09

Ireland Looking Into Banning All Gambling Advertising

The issue of gambling companies advertising on public channels is a heated one with various approaches being adopted by governments. The much talked about ban by the Italian government on gambling adverts has led to a debate as to how best approach the problem of irresponsible gambling adverts. Paddy Power Betfair have just announced their Q2 profits which increased by 4% and are certainly a good example of how important gambling ads are for their overall revenues. Ireland is the latest country to consider banning gambling advertising as President Michael Higgins looks to protect the “ integrity” of the sport in the republic. This has led to Paddy Power Betfair CEO Peter Jackson questioning the proposal for a blanket ban on advertising. He insists that other methods should be considered when looking for ways to tackle the issue of problem gambling. Like many President Higgins believes that by banning ads from live sports broadcasts would help the overall problem of gambling in Ireland. Jackson on the other hand is aware of the necessity to address problem gambling but is not convinced that an outright bands is necessarily the right answer. He went on to say that they’d like to see progress on the gambling bill and “ will operate within the framework that’s put in place- that countries and politicians decide. “ He also added that Paddy Power Betfair have been very good in supporting of responsible gambling in...

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FIFA World Cup Turnover Generates €136bn
Aug08

FIFA World Cup Turnover Generates €136bn

The FIFA World Cup in Russian was deemed by all to have been a major success both on and off the field. FIFA in conjunction with their service provider Sportradar have successfully managed to ensure that the integrity of the games is maintained both in domestic and international fixtures. Following the conclusion of the FIFA Work Cup in Russia, it has been concluded that total global betting turnover was €136 billion with no match manipulation been detected. The average match for the 21st FIFA world cup was €2.1 billion with the final between Croatia n France generating around €7.2 billion. Not surprising Croatia had the highest average betting turnover per match with opening odds of 34.0 based mainly on their underdog status. Sportradar Fraud Detection System was responsible for monitoring over 550 betting operators globally. This was part of FIFA’s measures aimed at preventing match manipulation prior and during the FIFA 2016 World Cup. According to the findings of SportRadar no matches at the FIFA 2018 World Cup were found to be suspicious of betting fraud and match manipulation. Bookmakers like Paddy Power and Betfair announced increased profits for Q2 boosted mainly by increased revenue from the World Cup. Other major operators like Kindred and French National regulator Arjel also confirmed increased revenues due to  the FIFA world...

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Woolworths Admits To Liquoring Up Gamblers To Keep Them Playing
Aug07

Woolworths Admits To Liquoring Up Gamblers To Keep Them Playing

Our regular readers will be well aware that Australians are the biggest gamblers on the planet so it comes as no surprise that gaming companies will do just about anything to maintain this status quo. After whistleblowers aired allegations earlier this year, Woolworths has admitted to using dubious operating methods to ensure their cash paying customers continue to lose their money. The company confirmed that high value gambling players were often plied with liquor to keep them spinning on the pokie machines. In addition they also admitted that personal details were kept about the regular customers in order to ensure that revenues were boosted. This data according to insiders included everything that the from gamblers’ favorite football team to their playing times. This sensitive information was then shared across the company’s 400 pubs. This behavior has been described by whistleblowers as “unethical and predatory.” Details of the investigation were confirmed on Monday in a statement from the ALH which is owned by Woolworths.  The ALH said in a statement that employees recording descriptive information about gamblers was contrary to their polices and fell below ALH’s expectations. Following the investigation various employees have been fired and ALH has vowed to implement a range of measures that include enhanced staff...

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FanDuel Partners With Boyd Gaming To Further Expand US Sports Betting Reach
Aug06

FanDuel Partners With Boyd Gaming To Further Expand US Sports Betting Reach

FanDuel and Boyd Gaming have announced their strategic partnership which see them pursuing sports betting and online gaming opportunities in the US. Anyone following the US gambling industry will know the frenzied pace at which the newly legalized sports betting market is being divided up. The largest US based and European based gaming companies are all vying for a major share of this burgeoning market. In terms of this latest partnership Boyd Gaming will build a presence both in the sports betting and igaming industry by leveraging FanDuel’s technology which will operated Boyd Gaming’s igaming and sports betting services. From FanDuel’s side they will utilize Boyd Gaming’s licenses in various states to operate both mobile sports betting and gaming. As part so the deal Boyd Gaming will take a 4% equity in FanDuel Group with an option to acquire another 1%. Both companies will undertake co-branding and cross-promote each other’s product, Boyd Gamings reach is extensive and includes their market-access agreement with MGM Resorts international. FanDuel CEo Matt King commented on the partnership and said,” With more than 40 years of experience, Boyd Gaming is a leader in the gaming and entertainment space, and a natural partner as we continue to build a leading position in the sports betting market. There is incredible momentum in the sports betting space and we look forward to partnering with Boyd Gaming to bring the FanDuel Sportsbook to more customers across the United States.” Boyd President and CEO Keith Smith was equally delighted at the deal and said,” Through this partnership, Boyd Gaming and FanDuel Group will be in excellent position to successfully capitalise as sports betting and online gaming expand across the...

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