Online Casino News From Around the Globe

EA’s Real Money Experiment With Console Gaming Fails

Despite enjoying exceptional growth around the world, real money fantasy sports betting has not been successful for the console market. This month sees EA Sports close it’s much touted EA Arena which is a real money gambling hub for virtual fans. EA Arena was launched in 2012 with a partnership between EA Sports and World Gaming which was a partnership brand operated under Richard Branson’s Virgin Group. With the backing of some of the best global brands in the business, EA Arena allowed players to compete against each other on the outcome of matches they participate in themselves. These popular games include titles like NHL, Madden, Fifa etc. Already back in August this year it was announced that this real money option would not be a part of the 2015 titles and from November this feature would no longer be available in previous titles. Questions have been asked how is it possible that what seemingly is a successful global trend cannot be transposed to the console market. People who have utilized the EA Arena option claim that it takes a lot of the fun out of normal console gaming. Players are much more cautious and tend to take no risks when playing for real money. Added to this is the legal grey area as a large portion of EA players are under the age of 18. While EA dodged this minefield by ensuring that their partner Virgin Gaming provided the option. In turn Virgin Gaming does not fall under the gambling laws as video games are considered games of skill and not chance under gambling restrictions. The official statement from EA as to the closure of EA Arena stated,” The shape of competitive gaming has changed greatly over the years, and the EA SPORTS Arena is no exception. There are tens of thousands of gamers challenging others each day, and there are many options available where these kinds of matches can be played. Less than 0.2 percent of our players were participating in Arena events on a regular basis. That told us that our fans weren’t seeing value in the Arena service, and we decided to focus our efforts on developing new, engaging services for our player.” The big question is if we will see another effort at infiltrating the massive console market in an effort to offer real money gambling to the millions of loyal players who might be tempted to have a…

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Social Sports Betting Company Favourit Partners With EveryMatrix

We always like to follow new developments and partnerships in the sports betting market. This week saw social sports betting operator Favourit enter into a partnership with with online sports betting gaming provider EveryMatrix. Favourit claim to have built their social sports book from the ground up and with their new partnership with EveryMatrix will be in a position to offer over 5,000 live betting options per month as well as 10,000 pre match opportunities. Favourit is available for iOS on both tablet and iPhone devices as well as on the web. They differentiate themselves from other traditional sports betting operators by offering players real money betting odds as well as real time analytic and date. In a statement on the partnership, Favourit CEO Toby Simmons said,” Over the past 2 years Favourit has developed a unique approach to the sports betting industry, now we are capitalizing on this by value adding to the experience with a sports book partnership with EveryMatrix. From our research, customers have told us that Favourit gives them a better online betting experience. We are out to prove we’re changing the game for the better. Following the trends of verticals such as social share trading and market innovators including eToro & StockTwits, Favourit will continue to become the number one brand in regards to a better user experience for punters around the world.” EveryMatrix CEO Ebbe Groes gave their side of the deal,” We are delighted to be able to launch such a fantastic new operator integrating our innovative platform. I am thoroughly impressed with Favourit’s ambition, drive and genuine enthusiasm to change the user experience and I am delighted to announce this…

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UK Gambling Commission Releases Latest Industry Statistics

As one of the most regulated and efficient gambling markets, the UK is always interesting to monitor in terms of statistics. The UK Gambling Commission has just released substantial data covering the five year period between April 01, 2009 to March 31, 2014. All in all the regulated British gambling industry generated a gross gambling yield (GGY) of over £6.8 billion for the period between April 2013 and March 2014 which is a 6 percent increase compared to the period of April 2012 to March 2013. The largest market with a 47% share of the GGY was the non-remote betting sector. This was followed by the British regulated remote sector with 17 percent and the casino sector with 16 percent. GGY increases across all sectors for the period between April 2013 and March 2014 from the previous year. The only exception was that of bingo. The argument over how many jobs will be created with more casinos built is always a hot topic. Over 102,715 people were employed across the industry which is a drop of 5,357 from the previous reporting period. GGY for B2 machines showed an increase of 1% to reach £1.56 billion on the figure from the previous reporting period. The National Lottery reported sales of £6.7 billion for the period of April 2013 to March 2014. In terms of people attending casinos, total GB casino attendance has been the largest growth with London based casinos increasing from 3.58 million in April 2009-March 2010 to 6.47 million in April 2013 – March…

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New Zealand Racing Minister Plans Crackdown On Offshore Betting

The issue of illegal offshore betting operators pops up in just about every country where gambling is regulated. Whether it be the UK or the U.S. the argument of those supporting legalization and regulation of gambling is largely based on the premise that illegal operators will gain all the benefits in the absence of state regulated bodies. New Zealand’s racing minister Nathan Guy has announced this week that he intends to take action to combat the negative effects of illegal overseas based bookmakers who are taking millions of dollars in profits from illegal operations. Speaking at the New Zealand Racing Board’s annual general meeting Guy said that it is his number one priority for the coming term. He went on to say,” I want to be clear: it is a problem, it is complex, but I believe we should be able to make changes, and I am committed to making the necessary changes. I’ve seen a variety of estimates for how much is bet overseas every year. The New Zealand Racing Board estimates that it could be up to $NZ300 million.” Guy went on to point out that illegal overseas online betting providers were depriving the local industry and sports the funding they need while also exposing punters to an unregulated system. Guy is looking to Australia who are also in the process of cracking down on illegal offshore betting operators. Guy stated that the Government wants to ensure the funds that are available for distribution to the racing sector are maximized. He intends to do by setting up an Offshore Betting Working Group which will come up with recommendations to fight the negative effects of offshore betting….

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Hustler Wants To Become First Strip Club To Offer Sports Book

Nevada is one of the few U.S. states in which Sports betting is legal. We have covered the ongoing legal battle in the state of New Jersey which is battling the courts to in an effort to cash in on what potentially could be an annual £11 billion market. The lure of such huge sums of cash and the fact that millions of Americans enjoy their sports betting has not gone unnoticed by big brands. The latest American brand to enter the sports betting market is that of the Las Vegas Hustler Strip Club who have recently filed an application with the Nevada Gaming Commission. Their aim is to earn the bragging rights of becoming the first strip club with a sports book. The combination of lap dances and sports betting is an appealing notion for many males who are the primary target audience for sports betting. While at first this move by the Hustler brand ma y be seen by some a s a publicity stunt, Hustler told the Review- Journal that they intend to offer betting under the guidance of a seasoned sports book director by Super Bowl 2015. The club intends to enable customers to use hand held devices to place their bets while enjoying a lap dance and free lap dances will be accumulated for betting points. Publicist for Hustler Al Taylor was adamant that their executives aim to make this a reality and are more than ready to take their case to the Supreme Court if necessary. He even went to state that when sports betting is legal in the Garden State, Hustler will launch their version of stripping sport books…

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