Posts Tagged "online gaming"

New Jersey sees a 20% rise in betting income

New Jersey sees a 20% rise in betting income

Regulated online betting in New Jersey has seen a drastic increase in the month of December as well as the whole 2015 by over 20%. A report that was released by the Division of Gaming Enforcement on Wednesday indicated that income from online operators who are licensed by the sate recorded at $14 million in December. As compared to November when the revenue stood at $13.2 million, the report indicated a 6% growth. In relation to the total revenue generated in 2015, the report indicated that there was a 30.8% rise as compared to 2014. A 39% rise on revenue in year-on-year for casino vertical read at $12 million. Nonetheless, there was a drop in the poker income down by 3.6%.

In total, income generated in 2015 alone was recorded at $148.8 million. This was a 21% rise as compared to 2014’s income. 33% rise was also evident in the total online casino in the whole 2015 to record at $125 million in comparison to the one recorded in 2014. However, there was a slight drop in the poker revenue sector by 18% to stand at $23.8 million.

As the trend has always been, Pala combo/Bwin.party/Borgata had the mammoth share of the income generated in December at $3.96 million. From this figure, poker contributed $1.1 million whereas casino brought in $2.85 million. Total revenue accrued by Borgata was at $45.7 million which was a rise from 2014’s $44.3 million. This came despite poker overseeing a drop of 17%.

Caesars Interactive Entertainment on the other hand recorded December income at $3.1 million from which $2.23 million was from casino and $874k from poker. However, a drop in the 2015 year was recorded to $32.7 million from $32.9 million in 2014. This was as a result of the drastic decline of poker income from $13.3m in 2014 to $10.7 million in 2015.

The Golden Nugget casino had total December income at $2.87. Its total yearly income rose by nearly 300% to record at $31 million in 2015 from $10.8m in 2014. This was due to their amalgamation with the Betfair New Jersey.

Tropicana casino had December income at $2.8 million with yearly income rising by 45% to record at $32.8 million. Resorts casino Hotel on the other hand had December income at $1.3 million.

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Sony joins hands with Cineplex to initiate eSports tournaments

Sony joins hands with Cineplex to initiate eSports tournaments

For a company to perform better in the gaming industry, several measures have to be activated. Cineplex one of the gaming firm is doing all it can to attracts more clients to its platform as well as maintaining its already acquired clients. With that in mind, the firm has continued bringing more and more gaming advances to its platform. Recently, the company claimed that it had entered into a mutual deal with Sony Computer Entertainment. The two firms are aiming at bringing in national gaming tournament to Cineplex platform.

The deal stipulated that Sony will be the official sponsor of the tournaments in the entire 2016. Being the main sponsor, gratitude’s were awarded to Sony. First, it will be the responsibilities of Sony to come up with the title they think it’s appropriate for the Canadian Championship.

It was claimed that the very initial tournament of the year will kick off on the 16th day of January. This will involve the qualifying rounds with different players across the nation in online platform. Next up will be respective matches for those who have gone past the qualifying round. These matches will be staged in 24 different theatres as from February. The finals will be held on 6th March.

The qualified rounds will be staged via online at WorldGaming. This is a subsidiary of Cineplex which was purchased back in September 2015 in a deal worth $10 million. At first, the qualified tournaments will involve a single player version of the Call of Duty: Black Ops III. Its main pool will be worth $50,000.

The General Manager at Sony Computer Entertainment Canada Ryan Hassan claimed that being into partnership with both WorldGaming and Cineplex is a major step in establishing a smooth transpiration of gaming even across the nation. However, it was claimed that all participants to take part in the event must be of 18 years and over. For spectators, each should be of a minimum age of 17 years.

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Increased online betting evident in Denmark

Increased online betting evident in Denmark

Reports from the Spillemyndigheden the main betting regulatory body of Denmark have indicated that there has been a magical increase in the revenue emanating from online gaming market in the third quarter of 2015. This radical rise in the nation could set a good footprint for those other nations seeking to have regulated betting in their territories.

Denmark is renowned for its outstanding casinos such as Roxy Palace Casino, Maria and Tivoli. These and others have jointly brought an increased revenue totaling to DDK330 million (€44.2 million/$47.1 million). This is DDK65 million more than what was recorded in Q3 of 2014. However, the Q3 of 2015 has dropped slightly from DDK335 million recorded in Q2 of this year.

General betting income was recorded as DDK560 million in the Q3 of 2015 which represents a rise as compared to DDK470 of Q2 of 2015 and DDK495 recorded in the Q3 of 2014.

This was followed by an increase in the total gross gaming income to DDK890 million as compared to DDK760 million that was recorded in the Q3 of 2014. It also rose up from DDK805 million that was recorded in the Q2 of this year.

Nonetheless, a decrease in the total gross gaming income from the gaming machine as Q3 recorded DDK385 million which went down from DDK415 million that was recorded in Q2 of 2015. However, it was far much higher than the DDK370 million that was overseen in Q3 of 2014.

There was a record broken by the land-based casino incomes that shot from DDK80 million in Q3 of 2014 to record at DKK95 million in Q3 of 2015. This was the most successive increase ever experienced since 2012.

Spillemyndigheden claimed that the performance experienced in the Q3 of this year will play a major role as the firm eyes on a possible half a billion rise to the total gross. Currently, the total gross is at DDK8.4 billion without the Q4. Last year’s total gross was recorded at DDK7.8 billion.

At such a time, countries in need of initiating regulated gambling should keep an eye on the tremendous growth that Denmark is experience. Moreover, they should incorporate some strategies used by Danish to fulfill their dream.

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What will happen to mobile gaming in near future?

What will happen to mobile gaming in near future?

Mobile betting has been on the rise to date. It was back in the 1990s that cell phones were accorded with internet access. However, they operated in 1G network which was a bit slow. The introduction of the 2G network later on gave casino industry some hopes of having betting on mobile. However, they had to have a little patient for sometime before launching any mobile gambling. In 2007, the iPhone came to being thanks to Apple industry. A year later, Google introduced their new Android devices to the globe. This marked the long awaited chance where casino industry entrepreneurs could come up with a new technique of launching mobile betting.

The launching of the new iPhone 6s has been seen as a great step by the casino industry for the device has incorporated a high speed technique that some PC can’t handle. The device will allow client to play in real money betting across the globe.

With Facebook attracting 1/7 of the world’s population, the mobile casino operators has decided to target the selected few in the platform with getting at their disposal non-real money games such as Candy crush and Farmville. There are also the skill games such as Solitaire and Bejeweled which have various multi-player options, continual levels and are very addictive.

Online gaming has since changed drastically despite many questioning its authenticity. Live Online casinos have been the reason for this as they are able to overcome various challenges faced in the industry. The experience accorded to clients at the Live dealer casinos is no different from that awarded at the brick and mortar casino. They are accessed at any given time at any place across the globe on the mobile phone platform.

The popularity of Live Casinos has surpassed the ground floor casinos such as Las Vegas casino which saw its revenue drop drastically from $12.9 to $11 billion. The live mobile casinos can be attributed to the efforts of Winner Casino, Rich Casino and Jackpot Casino who have been keen to initiate them.

The introduction of new mobile devices from time to time has contributed to the launching of fresh mobile casinos and this will never end as new titles are being incorporated in these platforms.

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Betting Technology Key in Income Generation in Asia

Betting Technology Key in Income Generation in Asia

Of late Macau has propelled in the gambling industry and with no time, experts believe that it will surpass both Las Vegas and Atlantic City. The nation provides gamblers with a wide variety of gaming floors with new complexes. The gaming experience in Macau is brought about by live casino that takes place on a studio purposely built for it and incorporates games such as blackjack, roulette; sic Bo tables as well as baccarat. Online casino betting in the nation can be done visually, via PCs, laptops, smartphones or even tablets.

The new technology has incorporated use of video footage with two cameras. One is focused on the actions of the dealer while the other covers the top of the table. These images are wired to server room where they are streamlined live through internet where gamblers are in wait. The online gaming also incorporates server software which enables player to access and send vital instructions to the game controller more often in placing bets as well as calculation of the payouts.

The server has a monitor which is directed to the dealer who sees the bigger wins of clients as well as informing him or her if there are additional clients in a game. For blackjack, the server indicates the action a player wishes to undertake during the play.

In Makati City of Philippines, live casinos studios are almost in every corner of the town. There are two major buildings- the RCBC Plaza and the PBCom Tower which houses over six betting firms among them Novenix, Playtech as well as EntwineTech.

With increased gambling in Asia, the benefits are ripped by companies in the continent. Among these beneficiaries includes Opus Gaming based in Philippine, a corporation that specializes in casino softwares, sportbooks, in play options as well as live casino options. The firm has been providing these services to various betting firms such as M88 a subsidiary of Mansion gambling firm based in Gibraltar.

Other firms have also benefited from the increased betting firms. For instance, there has to be watchdog that provides surveillance and security in and out of these casinos. This calls for the incorporation of security firms in the industry. As players enjoy gambling, they need something for their energy and hence the initiation of hotels and fast food restaurants has become another emerging trend in Asia.

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    Always bet responsibly and never gamble what you cannot afford. Here at sports-bettingsites.com we support responsible gambling. If you think that problem gambling is affecting you and/or those close to you you might want to contact gamcare and if you want to gain greater gamble awareness you can visit gambleaware.co.uk for more information.