Monthly Archives: October 2013

Trump Plaza and Betfair officially linked

Betfair is a famous United Kingdom sports betting website and today Betfair confirmed that they have partnered up with the Atlantic City Trump Plaza Associates. This will allow for Betfair to provide their online betting services in the state of New Jersey. New Jersey is one of the few states in the US that is actively supporting online gambling.

This new deal that was just confirmed today has been up for speculation the last couple of months. Both of the companies kept their mouths shut about the rumors until Bet Fair was ready to release their online casino in New Jersey. Bet Fair is known for supporting online gambling in New Jersey as well, they used to advertise legal online gambling in New Jersey on Billboards, the internet, TV and radio.

Commenting on the new deal with Trump Plaza Associates is the Betfair managing director of gaming Paul La Fontaine and he said, “New Jersey is one of the states paving the way to country wide legal online gambling. It is creating a new economy for the state and Betfair wants to bring their decades of online gambling experience to this new economy. This will allow for the economy to grow that much faster.”

Betfair suspects that the release of their website will bring more citizens from the state of New Jersey to online gambling. You can simply bet on your favorite sports with Betfair or you can play a variety of different casino games. Either way your experience will be out of this world.

Third Quarter for 2013 released by Betsson

Betsson is considered to be the largest online betting firm in Sweden and today they released their 2013 third quarter results. Betsson was lucky enough to have a 14% jump in growth and a 27% jump in revenue this year.

The key financial indicators for Betsson are impressive for the company to say the least. Revenue went up a total of fourteen percent this year, this means that Betsson gained an extra $530 million dollars in revenue this year. The operating tax for Betsson went up by 27% which means operating costs went up $120 million dollars for Betsson.

The Betsson CEO Magnus Silfverberg commented on the release of their third quarter results saying, “Our company is growing every year and we continue to hold the percentage in the online betting firm market. The increase in profit will give us the opportunity to make deals with other online gambling operators. Rather is be an online casino or a sports booking room.”

He went on to also say, “I hope that Betsson continues to see substantial growth in both the long term and short term aspects of the company. We want to take over the entire market and become the only online betting firm. In order for us to do this we will have to use our yearly profits in order to market our betting firm more. This will bring more sports betting gamblers and online gamblers to our website.”

The land casinos growth is twice as slow compared to online gambling

The online gambling market is being studied by many companies out there, one recent market research was released by H2 Gambling Capital. This study has revealed the fact that the online gambling is now growing at a steady rate and it managed to grow twice as fast compared to the land based gambling.

This report is showing that in the year 2012 the online gambling went up by 7.2%, while at the same time the land gambling grew by 3.1%. At the same time this is a very optimistic report since the online gambling went up to €25 billion.

Another interesting thing that this report is showing is that the online gambling still accounts for a small part of the gambling market. This way there are only 8% of the gross revenues that are done in the gambling industry.

The online gambling in Europe managed to penetrate the market at a percentage of 12.6%, while in North America the percentage is situated at only 4.4%. This is happening due to the limited access of players and bettors to just a few sites that are operating on that market.
The prospects for the online gambling industry are also looking good since it is expected to grow rapidly and by the year 2018 it will reach €42.9 billion, where the annual growth rate is situated at an average of 9.3%.

The gambling that is done over the internet and that is generating revenues comes mainly from sports betting (46%), while the casino accounts for 17% and the online poker is currently going down and reaches 13%.

New slots from Microgaming: Rhyming Reels, Paradise Found and Dolphin Quest

The largest online casino software developer in the world has just announced the plan to add three new slots games in October. These games are currently scheduled to be launched the next month and they are probably one of the best way to try out something new and exciting. These three games will be added to the huge collection of more than 500 online casino games that are available with Microgaming.

Rhyming Reels is one of the three newly launched slot games and it comes with 15 different payline and 5 reel. Along with that you can also find the usual scatter and wild symbol that you definitely want to see on the reels, since that is where the money is and there are also free spins, multipliers and a bonus game. The Rhyming Reels are able to offer a gamble feature that allows you to multiply your winnings. This way right after you manage to win something while playing this slot game, you can always choose the gamble feature and multiply your money up to 4 times. This online slot game is available at both the instant play Flash version and the Quickfire platform.

Trying a new slot game from Microgaming is always going to be an exciting time, especially since these games are always able to come with something new. The Dolphin Quest has 50 payline and it’s able to take you into an underwater adventure that is packed with lots of prizes. There are wild and scatter symbols and you can even find stacked wilds. Another fun and exciting thing about Dolphin Quest is the bonus feature.

And the final new video slot game is Paradise Found. This is a 20 payline and 5 reel. The scatter and wild symbols are able to bring you a rewarding online gambling experience. The maximum prize that you can win from this online casino game goes up to 20,000 coins. In case you are lucky enough and hit the Wild Lotus Feature, you will start the bonus round that will allow you to have ten free spins.