Online Social Poker – One Third of Players Are Female

Posted by Gambling News | Poker News | Friday 4 April 2014 1:42 pm

For many years poker has been one of the best love games in the USA. As American as apple pie – this game has become immensely popular world-wide due to the media coverage big tournaments attract. The advent of online poker has also features in this growth in popularity, and one of the really big changes being seen is that more and more females are playing. Once thought to be the domain of the male of the species, social poker has seen a growth rate of 22% for female fans throughout 2013.

IGT – otherwise known as International Game Technology are a global leader in the production of gaming tech. They provide gambling games to live casinos, as well as casinos online. This new data regarding player patterns, and preferences, was revealed from a US Social Casino Index project. The information comes from a pool of over six million players who make use of IGT’s DoubleDown Casino which is a Facebook powered product. It can be played online or by mobile, and lays claim to being the "world’s largest virtual casino".

While there is a difference between social gaming and gambling online for real money prizes. IGT provides games designed for both of these purposes. It is obvious why they need to keep a finger on the pulse of trends – because gambling is their business. It also pays to not that most states in the USA still do not allow online gambling for real money prizes. However, social gambling products can be monetized in various innovative ways.

The traditional way of thinking about poker being a male-dominated is definitely being thoroughly researched now. This information proves that female fans are increasing at a rapid rate. Gone are the days when ladies were banished to bingo, while the men got on with the serious business of playing this game of skill.

It is appealing to a far broader audience than ever before, and it is only a matter of time we believe, until we see even more females seated at the felt, in popular live competitions. At one time these competitions were also segregated to male and female competitors, but this is also something that has changed with the maturing of poker into an awesome card game for all. It does not distinguish between sex, race, age or physical ability. All a poker player needs to have to win is a very good game.

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Online Gambling Market Reports New Growth For 2014

Posted by Gambling News | Gambling Industry News,Gambling News | Thursday 3 April 2014 12:59 pm

The latest trends in online marketplaces are regularly placed in the spotlight, none more so than trends in online gambling. This massive marketplace has continued to surprised researchers for years, and with development in mobile channels, continues to surprise even more. The latest trends and development findings from yStats.com has found that this sector continues to grow. No BIG surprises there! Even gambling on social networking sites such as Facebook is getting a good deal of attention.

The increase in use of smartphones and tablets is topping the charts, so too is the use of this technology, increasing both gambling and sports-betting numbers. Currently live, or what we call "brick and mortar" casinos, are still dominating this scene, however, real money gambling online is expected to grow at double-digit rates into the future. Experts are predicting a growth rate of 40% or more by the year 2018, which is not so terribly far down the line.

Besides smartphones, tablets, and the growth spurt that this technology has engendered. There is ever increasing pressure for countries that ban online gambling, to change their regulatory landscapes. Regulations are varied throughout the world, with North America lagging way behind in an industry that in the UK has been legal for years. In fact the UK leads the way’ miles ahead of the rest of the world! Western European countries have some regulations in place, while Asia also lags behind. The pressure is on from both the industry and people who wish to gamble online, to lift anti-online gambling laws, as well as regulate this industry. The argument for regulation is not so that only Governments have better controls, but that players enjoy more protection too.

When speaking about the growth in popularity of gambling online, and its continued success as an online industry leader, we are talking in numbers off Billions of Dollars. It is precisely for this reason that many Governments do not want to legalise and regulate. Why? Well, despite the fact that "moral" arguments are most often espoused, the real reason seems to be Government greed. Online industry is slightly more difficult to control in terms of taxation, as the British Government have found out to their great loss.

But as more advanced tech becomes available, it makes the industry easier to audit and control. However, it seems that most governments around the world would rather have no taxable income from this industry at all, rather than a small slice of something huge.

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Bingo Budget Tax Cut – Is It Much Ado About Nothing?

Posted by Gambling News | Bingo News | Sunday 30 March 2014 11:14 am

It has been years that the UK bingo industry has been trying to get HMRCS to cut bingo tax. This is tax for clubs of the live variety, not necessarily the online kind. Now, apparently all Britain is celebrating because the Government has finally realised that this industry is in serious jeopardy. Bingo tax has been cut from 15 to 10%. Chancellor, George Osborne has finally been convinced to attempt to “protect jobs and protect communities”. During the last thirty years – ¾ of bingo halls have gone out of business, and 2000 jobs have been lost.

But like all taxation concessions, the Chancellor is still compelled to balance the budget, and has predictably given with the right hand, while taking away with the left. The bad news is that fixed odds betting terminals have to bear the burden of the concession for bingo. According to Osborne, these machines have "proliferated" during the last ten years. So, he has raised their tax to 25%. On the good side – and there is another – beer duty has also been cut, and Rank (Mecca Bingo)will be building three new bingo halls.

On the other side of the tax landscape – online gambling concerns that are situated in white listed areas, have not paid tax to the UK since the industry first got its start. It is realistically speaking unfair, that these businesses may offer services to a UK-facing audience, make money from these services, and not pay tax to the UK Treasury. This is all set to change, and taxes on remote gambling are about to kick off from December of this year (2014).

In the meantime Ireland has not been as quick off the mark as the British have, where the regulatory process for online gambling tax has not yet passed the committee stage. The Betting (Amendment) Bill 2012 has passed through the Dailhowever, but who knows how much longer the bill will take to be passed? This act provides a regulatory regime for online gaming operators, but has been gathering dust since 2011. Apparently the Ministry for Finance has been dragging their heels, and all the bill needs is to be signed.

While the gravy train ride is not quite over for operations such as online bingo, casino, poker, and sports betting operators, in the UK and Ireland, the net is certainly closing in. New tax benefits for the bingo crowd, could not as badly materially affect British operators in the online game. So, there is something for these operators to look forward to – being taxed is not all doom and gloom.

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Casino Game Make the Top 23 Facebook Games List

Posted by Gambling News | Casino News,Gambling News | Monday 3 February 2014 7:19 am

It has only been a couple of years since casino type games went live on Facebook. At one stage this social networking site would not even allow casino game ads at their site. It appears that they have seen the error of their ways, and the effect of supply and demand now dictates what is popular or not.

In a recent list of the top twenty-three games played at this site, it seems that five of these are casino type games. Gaming in a social media type environment has grown in popularity, and grown exponentially for users at many of these sites. So, the 2013 top “Games of the Year” list was put together based on a selection of criteria. Facebook complied data from "user ratings, implementation, growth and overall quality."

The increase in mobile social media activity has also seen an increase in gaming, and gambling over this channel. This led to the fact that many in the top twenty-three can be enjoyed on both Internet and mobile platforms. Pundits are saying that approximately $12 million will be spent on mobile gambling this year (2014), so, the possibility exists that 2013 mobile growth may have contributed to the Facebook growth in gaming popularity. Hence the reason why five gambling games also made it into their favourites list.

Most online gambling operators are not surprised by the fact that despite the diversity of games available in this space – Hit it Rich Casino Slots, Double Down Casino, Slotmania, DoubleUCasino, and Heart of Vegas, made it to the top. Hit it Rich Casino was also dubbed the Best New Game of the Year. Consumer behaviour seems to be dictating that the Facebook space will soon be inundated with popular online gambling games.

We are not in the least bit surprised by this latest list. The online gambling industry has turned into a mainstream industry Globally, and looks set to grow even more with doors opening in the USA. There are still quite a few global market places that still remain untapped, and with the spread of high speed broadband into Southern American Countries, Africa and Asia, even more growth is bound to be the order of the day. Add to this the fact that mobile, and smartphone use is spreading across the world, and it appears as though the industry might be in for a nice growth surprise. In fact this growth has been speculated on, but could even turn out to be better than the industry is betting on.

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Mobile Devices Have A Drastic Effect For Gambling Online

Posted by Gambling News | Gambling News | Monday 16 December 2013 5:26 pm

Having recently read that a boost to gambling online is being experienced by means of mobile devices, and that this is a bad thing, we couldn’t resist putting in our tuppence worth, because gambling is not the problem. If you have ever been known to drop a few bob on the ponies, while playing a game of poker, or at the local bingo hall, and don’t find this to be a compulsive activity, then you will know that it is people that gamble compulsively, and not the game that force them. Gambling games are inanimate, while people are animate, and should be able to control their addictive urges, or get help for them.

Mobile devices such as phones and have made it easier to gamble online, but no easier than when we only had lap-tops and 3G. So, why do some pontificators call mobile gambling a “worrisome trend”? It is simply because most of these people are offering their opinions, in many instances, even when they have not been asked for an opinion. But then that is the human condition, and many human beings would rather judge, than live and let live. When people judge others, this makes it easier for them to not have to take a long hard look at themselves.

The increasing popularity in gambling online bothers some people a lot. They say it is simply to easy to lose money when all that has to be done is open a website or app. Mobile gambling apparently makes things even easier.

This broad generalisation is a bit narrow minded we believe. We are exposed to online gambling websites continually when reviewing these sites for customers, and have never been tempted to drop money, because losing money is just not our scene. Some people like gambling, others do not, and having gambling available wherever one is and whenever, has never once increased the temptation to play.

That does not make us any better than a person who loses their shirt when playing online, but unfortunately some of us have to learn life lessons, and choose to do this the hard way. If online or mobile gambling were banned, as it purportedly is in the USA, we would still find a way to do this, and it has been proved throughout history that prohibition just does not work.

Most cultures are hardwired to take a risk on something or other, and gambling for money, is a modern-day form of entertainment that millions of people partake of. It is what it is, no more and no less!

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