Even though the gambling industry has been holding strong through these tough relating to housekeeping epochs, there has been a diminution in spending by gamblers. According to Fitch Ratings in the U.S.
“Following one of its most challenging years in novel history, the U.S. gaming industry will remain under significative pressure in 2009, through a [...]
Archive for December, 2008
U.S. Gambling Industry Will Bounce Back in 2010
U.S. Online Market Grows
It is official….the American public are officially loyal gamblers. According to MediaMetrix.com, in the face of all the UIGEA and brutal recession times, statistics show that there is an 11 percent increase in visits to online gambling sites from November 2008.
According to statistics, in that place have been 16.1 million unique visits made by [...]
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Party Gaming Co-Founder to Plead “Guilty”
PartyGaming has released a statement in regards to reports that their co-founder, Anurag Dikshit pleaded guilty to charges of illegal online gambling as well during the time that having had paid a settlement to U.S. officials of $300 million.
PartyGaming has been battling these charges since the introducing of the Unlawful Internet Gambling Enforcement Act [...]
PartyGaming Guilty Plea – Update
Yesterday, I filled you in on PartyGaming’s co-founder, Anurag Dikshit’s speculated having violated law plea worth $300 million for providing online playing for money services to U.S. players. Well, it seems that our sources were absolutely right; Mr. Dikshit entered his plea in a U.S. District court in Manhattan to charges of transmitting wagering information [...]
China’s Growing Online Threats
There are extending concerns in China over the misuse of the Internet. According to China’s minister of the State Council Information Office, Wang Chen, Internet users throughout China are adopting insalubrious Internet habits which have created a cause for concern.
During this year’s Forum on Internet Media, Chen expressed his most pressing concerns and talked about [...]
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Norway Introduces New Legislation Similar To UIGEA
This week Norway’s government introduced a new legislation very similar to our own Unlawful Internet Gambling Enforcement Act which banned U.S. financial institutions from processing in any degree gambling related transactions. According to sources, the new restrictions will not be enforced until the mid 2009.
The funny thing is that they seem to be experiencing [...]
Mobile Gaming Survives Slow Economy
According to reports lead by Juniper Research, mobile gaming will withstand the economic critical situation and will satisfy strongly in 2009.
The report outlines that users will bet almost double last year’s without deductions procure on mobile gambling. According to the report, “Gambling is essentially a recession-proof industry, as while in that place may be [...]
Gambling Revenues in Nevada Take A Dive
The Nevada gaming assiduity has experienced drops in revenue of 22.3 percent which has broken records and has been recorded of the same kind with the lowest drop in Nevada glory history. Overall, gambling revenues in the Nevada be delivered of been down 8.3 percent within 2008.
According to The Gaming Control Board, casinos have earned [...]

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