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Gambling Industry : Description

Gambling Industry

Online gambling industry is one of the ever expanding industries available online. Currently it runs into billions of dollars.

Online casinos tempt the people to play by making attractive offers. Initially they let you play for free and even give you some cash or some other form of prize in case you win. Gambling industry thrives on gamblers some seasoned, some good and some reckless.

Gamblers try their luck on online slots, online poker, online bingo, online betting and online roulette some popular games in online casinos. Gambling Industry has mainly survived because playing online is much easier than on land. The jack pot is higher and so are the chances of winning that's why people are willing to risk their cash. The business pundits have predicted that the online Gambling Industry will increase drastically in the next few years.

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News

eCOGRA Chief Named Among Top Regulatory Specialists

Beveridge joins an impressive company in legal and regulatory section of awards list. Andrew Beveridge, chief executive of eCOGRA, is among the nine executives named in the legal and regulatory section of the latest Hot 50 list published annually by the business publication Gaming Intelligence. The list honours "the most talented, innovative and inspired people

Net Entertainment Financial Statement Release

Earnings report 2011 – Quarterly report October – December 2011 2011 WAS A YEAR OF NEW INITIATIVES FOR CONTINUED SUSTAINABLE GROWTH FOURTH QUARTER 2011 Revenues for the fourth quarter increased by 21.6 % to SEK 121.1 (99.6) million Operating profit amounted to SEK 42.2 (33.8) million Operating margin was 34.9 (33.9) % Profit after tax

Acquisition of Ash Gaming by Playtech

Gaming software developer, Playtech, has just announced its acquisition of Ash Gaming. Playtech is already providing software solutions to a massive part of the online gaming industry and is one of the top suppliers of online gaming software. They have acquired Ash Gaming for a total of £23 million with the first £15.5 million being

eCOGRA Board Restructured

Changes implemented to reflect current ownership Following the management buyout of eCOGRA earlier in the year, it has been decided to restructure and streamline the Board to reflect the Company’s current ownership. As a result of the restructuring Non-Executive Directors Michael Hirst OBE, Bill Galston OBE and Frank Catania will be leaving the Board as

Shortlist for the iGB Affiliate Awards Released

The iGB Affiliate award votes have been counted and the organisers are happy to say that over 4,000 industry affiliates and executives made their choice. A fantastic response, ensuring a truly representative vote, the shortlist includes those who received the most or equal votes in any of the following categories: Best Affiliate (all verticals), Best

Fire & Ice 2012: ORIGINAL SIN

Lyceum Media, organizers of the most decadent iGaming party of the year will unveil a night of biblical proportion to the who’s who in the iGaming industry on Wednesday, January 25th at the exotic Gilgamesh in bustling Camden town London. Doors open at 8:30pm for Party and Table Sponsors and their VIP guests. Organizers say

William Hill Online scoops eGR Operator of the Year Prize

William Hill Online has been crowned operator of the year at the 2011 eGaming Review operator awards – beating shortlisted nominees including Bet365, Betfair and 888 to win the coveted trophy. Held at the Honourable Artillery Club (HAC) in London, the annual egaming operator awards was bigger than ever this year with more than 700

GTECH G2 Signs Partnership With Xorti To Launch Two New Brands

Leading interactive gaming software and services provider, GTECH G2, has signed a partnership with Xorti, to launch two exciting new gaming sites; Pokerleaders and SpinWinners. GTECH G2 will partner with Xorti; providing the company with its market leading Poker and Instant Casino products. Xorti will also benefit from the GTECH G2 Gaming Management System (GMS).

Hybrid Interaction Appoints ex-PokerStars Expert as New Head of Poker Consultancy

Hybrid Interaction Ltd. welcomes Scott Yeates as its new head of Poker Consulting Services. Scott joins Hybrid Interaction from PokerStars, where for nearly 5 years he was leading the VIP Program. Scott will provide strategic direction and hands-on expertise to Hybrid Interaction’s expanding portfolio of poker clients, and as an experienced rewards program specialist, he

eCOGRA to Participate in the EGBA Responsible Gaming Day

Members of the European Parliament and top online gaming operators will attend October 19 roundtable discussions The critical topic of responsible gambling will be front and centre of European gambling discussions on October 19, when the influential trade body European Gaming and Betting Association (EGBA) holds its Responsible Gaming Day in Brussels. With the European

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