Category Archives: Online Casino

Its no secret that the global online gambling market has grown exponentially over the past several years. Experts predict that it will be worth a mind-boggling $92 billion by 2023. Thats a lot of money and information floating around cyberspace. However, that wouldnt be the case if people didnt trust the security measures that online gambling sites have in place. The best cybersecurity companies arein a perpetual battle to stay ahead of possible threats.

Its important to understand that online casinos are made up of several components. In addition to the games themselves, operators maintain databases that contain a wealth of private and financial information. They have payment systems, apps, and other parts like registration forms that hackers can target. Every one of these mechanisms must be safeguarded.

Malicious hackers are a constant threat to online businesses as they look for the smallest of loopholes and vulnerabilities to take advantage of. One of the latest trends in cybercrime is the DDoS attack. These, like ransomware attacks, can be particularly devastating to an online gambling site. In addition to inflicting enormous financial harm on an operator and its customers, such an attack can do irreparable damage to an entire brand. Its easy to understand how customers who have had their accounts pillaged and their personal and financial detail compromised would no longer have faith in that online casino. In fact, their confidence in the online gambling industry as a whole may be shaken too.

Another major concern for online casinos is the integrity of the games they offer. Players want to be certain that the games they play are fair. If those games are susceptible to exploitation and manipulation, the operator stands to suffer heavy losses in terms of money, reputation, and player trust. Every conceivable vulnerability at an online casino needs to be taken care of before it is exposed. The Metap online casino guide focuses a lot of attention on a sites safety and security. They put a lot of stock in seeing certifications from entities like eCOGRA, TST, and iTech Labs. This type of documentation proves that the games are fair and cant be tampered with by the operator or the players.

Online gambling sites must keep several steps ahead of the security breaches. This is a monumental challenge as new technology is constantly shifting the landscape. The online gambling industry has to be proactive and use all of the tools at its disposal to avoid such things as:

These days, SSL encryption is an industry-standard. This technology scrambles communications between the user and the site. Even if a neer-do-well was to somehow intercept this information, all they will get is a string of incomprehensible and unusable letters, digits, symbols, and other gobbledygook. Still, even this security technology is doomed to become obsolete someday. The key is finding a more effective technology and implementing it before the old one becomes ineffective.

Most gambling jurisdictions make sure that the online gambling sites they issue licenses use the most modern security technology. A site that gets hackedis sure to face a lot of scrutiny and can even have its license revoked. With the amount of money invested in such a profitable venture, its in an operators best interests to maintain the highest levels of security.

Online casinos have a huge responsibility, but there is also an onus on those who play at them. They need to protect their personal details and other information such as passwords, account numbers, and credit card information. They must understand that even though they are dealing with a highly secure operator, their information can be easily compromised if they arent using a secure internet signal. Open Wi-Fi networks such as those found in coffee shops and other businesses give cybercriminals plenty of opportunities.

It all comes down to the industry, regulators, operators, and the end-user doing their due diligence because every stakeholder stands to lose a lot. They all need to do everything they can to prevent security breaches. Moreover, they need to know how to react if one occurs. Even though online casinos and other internet businesses may implement the tightest security, they arent completely immune to cybercriminals. And they probably never will be.

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The Importance of Cybersecurity in the Online Gambling Industry - Analytics Insight

Casino not registered with gamstop the scourge of modernity, or really real money? In order not to be addicted to the casino, you need to know the psychology of the player. Brightly glittering signs invite you to go and relax, run away from everyday life and play with fate for luck And then turns on a gamble to find lucky combinations, numbers and signs to win this unequal battle.

Its only a mirage

In one study in Boston, it was found that most of the gamblers do not even know the patterns of roulette, card games, as well as slot machines. But that didnt stop them from making up their own necessarily putting their lucky ring on a certain finger, taking a particular seat at the table, and the like. Later, during the treatment of gambling addiction, doctors talked about gambling principles and laws, which turned out to be an absolute revelation to patients.

The gambling space becomes a kind of arena of psychological battle. Gambler fascinate very easy and how to manipulate his mind every casino owner knows. Below are described the most common of the ways:

Hours

Or rather, their complete absence in the hall and the dealers. After all, the casino is well aware that when a person is passionate about something the time flies by him unnoticed. So they do not prevent visitors to rush into the maelstrom. None of the casinos will ask the player to take a break from the game or go to sleep.

The windows

Will only distract the player, which is not at all to the advantage of the owners. Day and night should cease to exist for him.

Sound Effects

Well who will not melt from the cheerful melodies, from the sound of falling coins, the winning trills of the machines? This immediately adjusts visitors on the right way, motivates them to go as soon as possible to meet their luck. Imaginary, of course. Almost 80% of players leave with a loss.

Light

Soft subdued light will wrap visitors and make them relax, and the correct color of the walls and patterns on the carpets will have no less effect on the subconscious.

The probability of winning

Few gamblers know that the machines in uk online casinos, as well as ordinary gambling establishments, specially tuned so that the feeling of a close win does not leave a person for a moment. Playing it seems that the control of the game exactly for the player, but it is only a subconscious game.

You will definitely come back again

The casino skillfully keeps visitors coming back again and again with free lunch coupons, shows, prize drawings, and discounted services. Of course, the date will be different to get players to come again and get caught up in the netting.

Liquor

Another ingenious gambling arena trick is free drinks. They relax the visitor and keep the mood at the right level. Playing becomes more fun, and the attitude toward money becomes dismissive and easy.

Royal attitude

If he wins, the whole world and the entire staff begins to revolve around the lucky person. He is immediately offered a hotel room. The best, of course. Free of course Anything to keep the customer from leaving with the full amount of his winnings and visit the casino again.

Leaving the casino

In the casino every detail is thought out to keep visitors as long as possible: the layout of the rooms is very confusing, the machines are arranged so that they will constantly catch your eye, specifically marked signs are also not so easy to find.

In the pursuit of profit, the casino stops at nothing. Its like an unpalatable candy wrapped in a colorful pretty wrapper. That is a visual deception, dust in the eyes. All the details are calculated so that the man ceases to belong to himself, and gradually loses his sanity takes out of the house valuables to make another bet, begins to drink, in the case of loss, falls into depression and goes on long binges. His family suffers with him.

General Aspects

The psychology of the player in an online casino seems simple, there are ulterior motives. People begin to play not for the money. Those prone to gambling addiction pursue other goals:

Summary

The psychology of gambling involves several components:

First of all, there are strong emotions that can rarely be experienced in everyday life. Gambling is a great remedy for boredom and moping.

The second component is competition. With the croupier, other players, the theory of probability, with yourself, finally. Its all about proving to yourself and to the world: Im the best.

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The psychology of the player in online gaming - BusinessMole

The COVID-19 pandemic has taken its toll on almost all industries, with gambling being one of many sectors that experienced its full wrath. Government-issued stay-at-home measures first led to the closure of gambling venues, then restricted such spots to operate at lowered capacities, only to have them close down againin December. During a period where playing games of chance at physical establishments was a forbidden pastime, many betting enthusiasts turned to the digital sphere, where they started exploring UKGC-regulated casinos and sites not on GamStop.

Thus, according to new projections provided by Pune-based research firm Fortune Business Insights, the global online gambling market is now on track to hit $158 billion by 2028, growing at an annual compound rate of 11.4%. What follows below is an in-depth look at how the ongoing global pandemic impacted the digital gaming sector and accelerated its growth.

The Closure of Land-Based Venues Led to Strong Online Numbers

In March of 2020, casinos worldwide began closing due to health scares stemming from the novel COVID-19 virus. In the UK, all non-essential businesses had to shut down in March, gambling locales included. In June of last year, UKs Betting and Gaming Council announced that brick-and-mortar casinos in the country could reopen starting from the 4thof July if they would obey strict sanitation and social distancing protocols. However, in December of last year, they had to shutter again because of new lockdown restrictions following a spike in infections.

During physical venues downtime in early 2020, data supplied by UK operators showed a Gross Gambling Yield increase of 115% for online betting, which rose to 217.5m between May and June of that year. Per a University of Bristol study published in the Journal of Gambling Studies, in May of 2021, online gambling soared during the first lockdown, particularly among regular gamblers. Those already actively betting on the internet engaged in this activity up to six times more than before the pandemic hit, and those that occasionally dabbled in online gambling found themselves doing so twice as more than before everyone when into lockdown.

Sports Betting Suffered Due to Postponed/Canceled Leagues

Sports betting was one of the most sizeable losers of 2020. In March of last year, almost all sports leagues around the globe got postponed due to the health risks associated with the gathering of large groups of people. In Europe, the Belarus top ice hockey and football leagues were the exceptions, as not only events in these competitions went on as planned, but they also got played in front of live audiences. They were the single betting options at digital sportsbooks in mid-2020.

That said, once the first lockdown ended, horse racing was one sport that could quickly and easily adapt to the new mandatory measures. It became one of the first sports confirmed to resume in 2020, beginning with a closed-doors event held at Newcastle Racecourse on June 1st. Naturally, horse racing had to implement a slew of changes to ensure strict adherence to social distancing measures. However, its availability when gambling options were scarce led to increased interest in it that spilled over to 2021. In April of 2021, with betting shops closed, the Grand National race set the UK online sports betting record, with over 100 million wagered on this event.

Virtual sports betting was also one of the benefactors of the current global crisis. It is the practice of wagering on digital sporting events or sports simulations. Once everyone got locked indoors with no real matches on TV, virtual sports gambling increased by 40%, according to the UKGC. It was still going strong as the year came to a close, posting a 9% spike in interest in November 2020.

Slot Gameplay & Poker Rose During Government-Issued Lockdowns

Online slots are the breadwinners of the internet gambling industry, producing as much as 70% of its revenues. The first digital real money reel-spinner went live along with the debut platform InterCasino in 1996. Since then, this gambling genre has dominated the interactive gaming space. At the start of the pandemic, the number of slot players was significantly higher than a year earlier, rising by 25%. However, after this surge last March, the number of active players slowly decreased throughout the year. That changed in November of 2020 when this figure hit a year high of 2.8 million. Even though the number of players varied throughout 2020, the number of total bets saw a steady climb. That is not factoring in bets made at casinos not on GamStop, the UKGCs mandatory self-exclusion scheme.

Online poker experienced a renaissance during the lockdown. Google searches for terms like best poker hand (up 282%) jumped dramatically in early-2020. Furthermore, Flutter Entertainment reported that its online poker brand PokerStars, grew by 23% last year.

UK Players Sought Alternatives Such as Casinos Not on GamStop

Due to the expanding interest in online gambling, UK operators got ordered by the UKGC to slow down online slot gameplay. The move stemmed from a 2020 YouGov survey that showed a rise in problem gamblers in Brittan. Thus, the UKGC made spin-timers at online casinos mandatory and eliminated the use of auto-play functions. According to non-gamstop-casinos.com, those measures have made slot gameplay unfavorable for many players who turned to reputable casinos not on GamStop.

A casino not on GamStop is a gaming platform with a license from an international regulator and not the UKs Gambling Commission. Other than that, it is more or less identical to most UK gambling sites. GamStop is the UKGC obligatory self-exclusion program that every UKGC-licensed operator must feature. Activating this option at one UK site makes it impossible for a player to continue his gaming journey at any other online casino with a UKGC license until the duration of his/her self-exclusion period expires. Slots not registered with GamStop allow auto-play and have higher max bet limits.

Final Thought

There is no doubt that the current global pandemic served as a catalyzer for the shift from offline to online gambling. Naturally, once land-based venues make a comeback with no safety restrictions in place, the digital sector will face a slight decline. Nevertheless, habits attained during the lockdowns should last well past the pandemic, fueling the rise of digital internet platforms as they try to overthrow their physical counterparts in the battle for gambling supremacy.

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Online Gambling During the Pandemic How the Industry Got Affected - Euro Weekly News

Entain, the parent company of partypoker and a joint owner of BetMGM, has received a three-year interactive gaming license extension in Nevada.

The Nevada Gaming Commission (NGC), the body responsible for administering regulations and granting gaming licenses, unanimously approved the British sports betting giant on May 20, allowing them to operate in the Silver State as an Interactive Gaming Service Provider under the application name BWIN.PARTY (USA).

In Nevada, Interactive Gaming refers to online betting and gaming, which is currently limited to internet poker.

In 2019, the company, then named GVC Holdings, received the same approval for a provisional two-year license. However, it opted not to launch online poker in the state during this timepresumably due to the market size and the complications with the Wire Act putting a halt to cross-state shared liquidity.

That license was slated to expire this month. Entain applied for a permanent extension of its interactive gaming license but had to settle for another provisional license following the recommendation of the Gaming Control Board (GCB) for three years.

BetMGM Poker is live in Michigan, Pennsylvania and New Jersey!

Last time, the company, under its previous management, took some heat from the regulatory board for its links to unlicensed gaming activities in various countries, particularly Turkey. This time, the NGC was impressed with the changes that the company had carried out since their hearing two years ago.

One of the board members stated that they have done a remarkable job changing the face of the leadership.

Indeed, in the past few months, the company has carried out various initiatives to improve its white-market credentials: It changed its name to Entain plc, launched various responsible gambling measures, and announced a plan to operate only in jurisdictions that are 100% regulated by 2023.

It also said goodbye to long-standing CEO Kenny Alexander.

However, despite all its efforts, the board stuck with the three-year limitation as recommended by GCB instead of granting them a permanent license.

The license extension gives Entain another three years in the market. Whether the company goes live with its online poker offering in the Silver State durign this period remains to be seen.

However, given the preparations it made for the recent hearing, it seems almost certain it plans to make good use of its interactive gaming license extension and go live.

But the question is, when?

Nevada is among the three states to join the Multi-State Internet Gaming Agreement (MSIGA) allowing operators in these states to merge their player pools with players in other states that have joined the pact.

WSOP.com is the only network to take advantage of this pact combining their Nevada player pool with New Jersey and Delaware through the 888 brand. PokerStars is not allowed to operate in Nevada and hence it cannot share its player pool with its existing New Jersey network.

WSOP.com USA: The worlds most recognizable poker brand is legal and regulated inNevada and New Jersey!

Meanwhile, partypoker has been operating in New Jersey for almost a decade sharing its player pool with BetMGM Poker NJ and Borgata Online NJ skins under the partypoker US Network umbrella. Unlike PokerStars, it has the opportunity to offer online poker in the Silver Statebut, to date, it has chosen not to.

However, things are changing that will certainly make the US online poker market more attractive. This year, the market got off to an auspicious start, with new market launches to a favorable ruling regarding the Wire Act, and there more positive developments expected to take place this year.

The Wire Act case, which almost put an end to the shared liquidity project in the US after the DOJ reinterpreted the statute to apply to interstate poker, is likely to be put to bed by mid-June. It would give other operators, like BetMGM, the confidence to launch in Nevada and connect it with its existing operation in New Jersey.

It should also give confidence to states that have legalized online poker to join the multistate agreement. Michigan is already in talks with other states; Pennsylvania is thought to be in a similar position. This would expand from a three-state marketwhere two are very small and restrictiveto four- or five-state cross-border liquidity pool with multiple large states open for online poker and casino.

The more states combine their pool, the more attractive the market becomes and the more revenues the state generateswhich will then persuade other states lawmakers to legalize online gaming, including online poker. Smaller stakes like Nevada, Delaware and West Virginia, which would otherwise fail to survive as a standalone market, would benefit thanks to the games being shared with big states.

Another factor that could convince Entain to prioritize its iGaming launch in Nevada is the opportunity for online casino games. The NGC is considering amending its interactive gaming regulations to open up online gambling beyond poker and move forward with online casino games. These generate much higher revenues than peer-to-peer games.

All these factors are likely to incentivize Entain to go live in Nevada, perhaps by the end of this year.

Pokerfuse reached out to BetMGM (previously Roar Digital, a joint venture between MGM Resorts International and Entain) about their plans to launch online poker in Nevada, but the company remained tight-lipped and chose not to comment.

BetMGM recently expanded its poker operations in the US by going live in two states within the space of two months. BetMGM MI went live in March and BetMGM PA a month later, alongside sibling Borgata PA. It ended the de-facto monopoly of PokerStars in both the markets.

A launch in Nevada would allow them to combine their player pools with its existing partypoker New Jersey player pool and become only the second operator in the country after WSOP to do so.

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Partypoker's Parent Company Entain Secures Three-Year Interactive Gaming License Extension in Nevada - Pokerfuse

Greentube, the NOVOMATIC Interactive division, has strengthened its collaboration with Casino Du Lac Genve in Switzerland after taking its content live with the operators online brand pasino.ch.

Greentubes content has been available to Casino Du Lac Genves land-based customers for years, and the operators online players can now enjoy the popular games on pasino.ch. The deal further strengthens Greentubes position as a leading games supplier in the fast-growing Swiss online casino market.

Greentubes top-performing titles including Book of Ra deluxe, Lucky Ladys Charm deluxe, Super Cherry 5000 and Sizzling Hot deluxe are now available to local players following a successful integration. More popular games from the Greentube Collections, a unique portfolio which encompasses all the suppliers games series, will be launched throughout the year.

Since entering the Swiss online market in August 2019, Greentube has partnered with all major casino operators in the region and quickly established itself as a leading games supplier with content that is hugely popular with local players.

Casino Du Lac Genve is the Swiss arm of Groupe Partouche, one of the largest and historical casino groups in Europe operating 42 land-based venues. Its online brand pasino.ch was launched in November 2020.

Michael Bauer, CFO/CGO of Greentube, said: Casino Du Lac in Genve is one of the most prestigious and well-known land-based casinos in Switzerland. We are more than pleased to further strengthen our position in the market with this partnership. Our very well-balanced and localised portfolio of games has proven to be the clear favourite among Swiss players and this deal will help pasino.ch strengthen its online presence further.

Arieh Ghnassia, CEO at pasino.ch said: Our moto at Pasino is How We Work Together, How We Win Together. Working with Greentube is mandatory for us in order to deliver high standard of quality services and the best player experience to our players. With a proven track record in Switzerland and a diverse game offering, Greentubes portfolio is perfectly suited to our players needs. We have numerous projects in the pipeline and Greentubes collaboration will help us to take pasino.ch to the next level.

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Greentube cements footprint in Switzerland after going live with Casino Du Lac Genve brand pasino.ch - iGaming Business

A series of gambling regulatory reforms put forward by a House of Lords group could reduce industry profits by as much as 974m - but lead to a significant uptick in tax revenue and funding for research, education and treatment.

The costings were set out in a report compiled for Peers for Gambling Reform, carried out by Nera Economic Consulting. It estimated that the fiscal impact of the reforms set out in the groups July 2020 report, Gambling Harm Time for Action, would impact industry profits by between 696m and 974m annually.

The report notes that post-tax profits for the largest operators Entain, Flutter, Bet365, William Hill and National Lottery operator Camelot alone total 697m, at the bottom end of the estimated impact.

The 2020 report urged a root-and-branch overhaul of British gambling regulation, centring around five core goals.

It called for stake limits for igaming products and a standardisation of play speed across physical and digital products, as well as the introduction of affordability checks to ensure players did not gamble beyond their means.

In addition, it called for a smart mandatory levy on the industry to fund research, education and treatment of gambling-related harm, with the most harmful products subject to higher rates. Finally, peers recommended a ban on direct sponsorship of sport by gambling operators, and to classify video game loot boxes as a form of gambling.

The Nera-authored follow-up report looks to quantify the impact of these reforms on the industry.

Impact of stake limits and spin speeds

The report deals first with slot stakes. It assumes that any stake cap would be set at between 5 and 1.

Nera estimates that, based on 2017 analysis of slot stakes, customers wagered 1.38bn on the virtual machines. Should a 5 limit be applied, this would reduce amounts wagered by 14%, to 1.19bn.

A 2 limit, meanwhile, would widen the decline to 23%, reducing stakes to 1.06bn, while a 1 stake cap would take slot spend below 1bn, cutting amounts wagered by 36% to 891m.

However, the report noted, it does not look to quantify any substitution that may occur, such as customers playing for longer, or increasing lower bets to the mandatory limits. Nor does it look to estimate the effects of a spin speed limit. A mandatory 2.5 second limit was set by the Gambling Commission and is due to come into effect in October this year, while Peers for Gambling reform proposed the five second limit.

For table games, however, researchers considered the impact of time limits on table games, namely roulette. By setting a minimum spin duration of 88.6 seconds, players would increase their stake amounts, but bet place fewer stakes per session.

This, Nera said, would reduce amounts wagered by approximately 52%, based on a spin speed of 21 seconds, and as much as 76% if a spin speed of more than one minute was applied.

Impact of affordability checks

For affordability checks, the report analysed the impact of enhanced due diligence in a number of scenarios. It assumed that individuals would be allowed to make deposits of up to 100 or 10%, 15% or 20% of their monthly disposable income, whichever is greater.

This based the threshold at which affordability checks would be triggered on the Office of National Statistics estimated median annual income for the UK of 29,000, and a mean average of 36,900.

This was then extrapolated to balance the number of people falling into, below or above this bracket, with the number of online players in the country who would be subject to the new checks.

It found that based on checks being triggered by people spending more than 20% of their income, gross gaming yield for online casino would be reduced by 32%, or by 1.00bn. The decline was smaller for sports betting, for which revenue was estimated to fall by 22% (505m).

For checks triggered by spending above 15% of their income, online casino yield would decline 38% (1.20bn), and online betting 26% (604m).

The biggest decline would be caused by affordability checks once customers look to spend more than 10% of their income, with casino yield down 45% (1.44bn), and betting yield declining 31%, by 727m.

Mandatory levy

A mandatory levy on gambling to fund research, education and treatment (RET), meanwhile, is estimated to be set at 1% of industry profits, or approximately 150m.

According to the Responsible Gambling Strategy Board (RGSB), annual funding if there was a commitment to making a real difference in gambling harm would comprise at least 4.5m for research; 12m for education and significantly more than the 6m currently spent on treatment.

While optimal funding could be as high as 106.5m, with an effective treatment programme similar to that available for drug and alcohol services costing an estimated 90m. However, the report said that even a scaled-back version would mark a substantial increase on the industrys current RET funding of 19m.

Furthermore, at least 20m would need to support a gambling ombudsman, something else recommended in the Peers for Gambling Reform report. This, however, would help offset the additional costs incurred by the government on individuals that experience gambling-related harm, estimated between 270m and 1.17bn.

Loot boxes as gambling

Further costs would be incurred, however, by the need for the Gambling Commission to take on oversight for loot boxes. This would require the regulator to hire new staff and develops significant expertise, the report noted.

In total it estimated the cost of regulating loot boxes at 20m per year, though this would likely decline if the video game mechanic was not as widely used in console games.

Similar to the fees that gambling operators pay to cover the Gambling Commissions costs of regulating gambling, we assume that video game companies with loot box content would be assessed a fee that would cover the Gambling Commissions costs in regulating loot boxes, it added.

Sports sponsorship ban

One of the more controversial elements of the Peers report was a proposal to ban direct sponsorship of sports by gambling operators.

Nera estimated that front-of-shirt sponsorship deals with gambling businesses tended to be worth double a non-gambling sponsor, while Sky Bets sponsorship of the EFL brought in 40m per year. This, it said, meant that the total amount of revenue lost across the EFL Championship, League One and League Two would total 26m factoring in replacement sponsors or 2.4% of annual league revenue.

The biggest decline would be for the Championship, which lose around 2.6% or 21m of its yearly revenue, compared to 4m for League One and 2m for League Two, in both cases 1.9% of the divisions revenue.

The Rugby Football League, which is sponsored by Betfred, could lose between 500,000 and 950,000 of annual revenue.

To offset this, the report suggested introducing fees in exchange for the right to offer betting on the competitions, as well as a better distribution of revenue earned at the highest levels of sport such as the Premier League.

For that top tier, the report noted that only two clubs recently-relegated Fulham and West Ham United were sponsored by British bookmakers. Other clubs with gambling sponsors, it said, featured white label businesses on their shirts, which did not target British customers and would therefore be exempt from the ban.

Impact on other entertainment and hospitality sectors

The Peers for Gambling Reform report goes on to claim that revenue diverted away from gambling would be diverted into other sectors. It assumes that 100% of gross yield no longer going into gambling would instead go to retail trade; food and beverage; creative, arts and entertainment activities, and sports, amusement and recreation.

This, it added, could well be an over-estimate, especially if a player was spending unsustainably on gambling. They may also divert some revenue into other legal or illegal gambling activities, Nera noted.

This could then have a knock-on effect on revenue generated by these non-gambling forms of recreation and refreshment, which in turn could increase revenue, employee salaries and taxes, to offset decline in gambling tax revenue.

Nera estimated that this could ultimately lead to the creation of up to 30,000 new jobs and 400m in employee earnings, by diverting spend to more labour-intensive industries.

This report clearly sets out the economic benefits of reforming the gambling industry with tax revenues looking set to increase, jobs that could be created and a boost to funding for research, education and treatment, Peers for Gambling Reform chair Lord Foster of Bath commented. The evidence base and now the economic case for reform have now been made.

This Government now needs the resolve to get on with it.

One of the groups vice-chairs, the Bishop of St Albans, said the report clarified the fiscally responsible nature of its original recommendations.

By getting on with reform and expediting the introduction of legislation, we have a chance to save the thousands of lives ruined by gambling related harm each year.

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Lords report highlights benefits - and 974m costs - of gambling reform - iGaming Business

Michigan is becoming the benchmark by which online gambling operators are measuring their success. During the fewer than four months since Michigan launched iGaming, the states seen more than $280 million in revenue in that pair of verticals (online casino and online poker), according to numbers released today by the Michigan Gaming Control Board (MCGB).

That figure includes nearly $95 million in Michigans online gambling gross receipts in April. However, after deducting operators promotional costs like free play incentives that total shrinks to about $89 million.

The MCGB further adds that since launch on Jan. 22, Michigans online sportsbooks generated nearly $14 million, post-promo costs.

Perhaps in a sign that its taken longer for online sports betting to become lucrative, because Aprils revenue represented a large chunk of that change, at nearly $11 million. Or it could be due to the fact that Michigan is still seeing new operators enter the state. In todays announcement, the MCGB noted the lucky number of 13 operators.

The operator that continues to see the most revenue, BetMGM, was the benchmark Caesars Entertainment leaders used in order to decide to invest more in US online gambling. It no doubt feels validated by todays report of BetMGMs adjusted iGaming revenue approaching $37 million in April, leaving it at No. 1.

Caesars doesnt currently operate in the state under its own brand, but William Hill does and Caesars acquired that company in April. It will soon switch William Hills US operations over to its own brand.

Adjusted online gambling revenue seemingly only inched up during April, at $88.9 million vs. $88.7 million in March. However, its too early for Michigans market to plateau, so this warrants a deeper dive.

Once the MCGB removes promotional costs, Aprils daily average revenue from iGaming was$3 million. Thats noticeably higher than Marchs $2.9 million and Februarys $2.7 million.

While MGCB Executive Director Richard S. Kalm termed it a slight increase, its important to note that Aprils players had one fewer day to gamble than they did during March. Also, that daily was especially necessary to consider during Februarys 28 days.

Online gambling taxes and payments generated $17.8 million for Michigan in April, up from the prior months $17.3 million.

The online sports betting vertical fed $312,824 into Detroits city coffers, Michigans schools, economic development and tribal communities. That amount was lower than Marchs$535,930, which Kalm believes the state saw due to Michiganders excitement about March Madness.

Ever since Michigan launched online gambling, BetMGMs been the leader.

As its name implies, BetMGM is 50% owned by luxury retail casino and hotel brand MGM Resorts International. Entain is responsible for the other half.

Teamed with its namesake land-based casino, MGM Grand Detroit, BetMGM Casino generated an adjusted revenue of $36,813,468.11 during April. That far surpasses even its closest competitors FanDuel, the US market leader; and DraftKings.

BetMGMs total was more than 2.6 times greater than that of each member of the duo. FanDuel had more than $14 million in online gambling revenue during April and DraftKings generated slightly less.

Added together, the Big Three generated nearly $65 million in iGaming revenue during April, leaving the rest of the operators nearly $24 million in revenue in the dust.

In the end, BetMGM is 2.6 times ahead of its nearest competitors and the collective Big Three are outpacing revenue of the remaining operators by more than 2.7 times.

Unless Caesars succeeds at shaking up the revenue jar, this seems like a tale that may be repeated next month.

Meanwhile, the online casino that launched on April 23 Parx Interactive brought in $162,082.64 in adjusted revenue by April 30.

Michigans sports betting handle dropped more than 30% to $250 million in April, which Kalm credits to withdrawal symptoms from March Madness joy. Indeed, sports wagers during March had seen a 19.1% since February.

Analyzing the April blues via a daily average shows Michiganders bet$8.3 million a day on sports. During March, the day-to-day handle averaged$11.6 million. Aprils average even dipped below that of Februarys, which was $10.8 million.

As impressive as the handle is, Michigan sportsbook apps generated $10.88 million in revenue in April, after deducting promotional expenses.

From the Jan. 22 launch until April 30, online sports wagering gathered $20.38 million in total gross sports betting receipts. Part of the reason for that seemingly small number is that during January, Michigan saw negative sports betting revenue.

For more detail on the Michigan sports betting market, see the latest coverage at Legal Sports Report.

For iGaming aficionados, the table below provides a plethora of data. The dollar figures represent taxable revenue, which is adjusted to remove promotional costs.

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MI Online Gambling Market Proceeds Straight Ahead In Its Third Month - OnlinePokerReport.com

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Ordinarily, its news when a new all-time record is set. When it comes to US iGaming revenue, however, its quite the opposite. The industrys growth is so consistent, its more remarkable when a state reports revenue that doesnt beat its previous best.

That is, unfortunately, the case with the latest revenue report from the New Jersey Division of Gaming Enforcement. Online casinos, poker rooms and sportsbooks in New Jersey all experienced a month of decline.

Total revenue for iGaming that is, online casino and poker amounted to $107.7 million in April, compared to $113.7 million in March. Sports betting both retail and online dropped from $60.8 million to $54.8 million.

Retail casino revenue was up slightly, in a reversal of last years pattern, but not quite enough to offset those other losses. Aggregate gaming revenue for the state across all channels and verticals amounted to $352.2 million, just a slight dip from $359.3 million in March.

Whenever theres a drop in revenue for a month with fewer than 31 days, thats something that has to be taken into account. In this case, however, the missing day isnt quite enough to explain the drop.

Taken together, online casinos and poker rooms in the Garden State averaged$3,591,654per day in April. In March, theyd averaged $3,666,748.Operators therefore took in $75,094 less per day in April, a decline of 2.0%, though less of one than is suggested by the 5.2%drop in the monthly total.

This is the first time the daily average has dropped in the state since July 2020, when the states retail casinos reopened after the first shutdown. That drop was a mere $8,085 per day, so this one is much more significant.

The reason is probably similar, however. Technically, capacity limits at casinos werent removed until early May, but New Jersey began vaccinating in December. With warm weather arriving and infections on the decline, its likely that state residents are spending more time in public places and with friends, and less time at home on their computers.

Other figures to note from the months overall numbers include:

The battle for market leadership in New Jersey isnt over yet. One story weve followed through the latter half of 2020 and early 2021 has been Borgata chasing Golden Nugget for the title of top license holder. Last month, Borgata got there, but Golden Nugget is now fighting back.

Borgata, which is home to its own brand as well as BetMGM Casino and Partypoker, tooka 9.3% dive in April, or 6.3% accounting for the shorter month. Conversely, Golden Nugget Online Casino with the help of Betfair, BetAmerica and PlaySugarHouse gained 2.1% on the month and 5.5% on the daily average.

The result is a deadlock. Whos ahead depends on whether you include poker, but the difference is basically a rounding error either way. Golden Nugget pulled in $32,426,981. Counting casino only, Borgata fell a hairs breadth behind, with a total of $32,062,127. However, its NJ poker rooms contributed $746,795 to give it the edge for overall iGaming.

Heres how the rest of the field is shaping up:

Online poker rooms had an even harder month than online casinos in New Jersey. Their revenue fell 10.9% on the month. Their daily average was a mere $80,218, a 7.9% drop from March, and just 2.2% of the total iGaming revenue for the state.

Performance for online casinos was nearly identical to that of total iGaming, simply because they account for so much of it. They averaged $3,591,654 per day, a drop of 1.9%.

The poor numbers for poker are due in part to a lack of significant tournaments. May should be better in that regard, since NJSCOOP is now underway. However, its been a rough year for online poker overall. It hasnt held on to its pandemic gains the way online casinos have, and New Jersey poker room revenue is down 53% year-on-year.

NJ sportsbooks brought in a total of $54,839,217 in April, a drop of 9.7%, or 6.7% correcting for the number of days in the month.

The losses were entirely on the online side. Retail books actually increased their revenue 74%, but even so the market total was less than online betting made on its own in March. Nor was it a matter of bad luck on outcomes. Hold actually increased from 7.1% to 7.3% and handle fell by 13%, and even greater margin than revenue.

Theres no mystery here, however. March is famously the most lucrative month for sports betting in the US, thanks to the NCAA basketball tournament known as March Madness. A drop in April is therefore the norm, even when the overall market trend is upwards.

You can read more about April sports betting revenue over atLegal Sports Report.

Here are the full numbers for all operators and verticals. Note that monthly changes are normalized. That is, they are corrected for the number of days in the month and reflect the change in daily average revenue, not the monthly total.

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NJ Online Gambling Down In April For The First Time In Nearly A Year - OnlinePokerReport.com - OnlinePokerReport.com

What are some of the latest trends that you are aware of in the gambling sector? The industry has been adopting some of the latest trends that make gaming better and enable them to provide the players with the services they need.

Many people have also developed a passion for gaming, making the online casinos in Portugal experienced a surge in the number of gamers. New entrants in the market make the existing companies apply better methods of tapping new customers and keeping the existing ones.

Due to covid 19 and lockdown, many people are now at home, and gaming has become part of them. The government restrictions have also seen the gamers reduce their visits to the land-based casinos.

What are some of the trends dominating the online gambling sector? We linked up with our top gamer Victoria Oliveira (check profile), who shared some of the casino trends that are dominating the sector. Here are the hot gambling trends in Portugal.

Most of the gamers were born in an era where cash transactions were the order of the day. They were using traditional methods of transactions to access vital services from the online and physical service providers. But that changed with time due to innovation. Today, there are many options, such as the use of credit/debit cards and direct bank transfer.

There are casinos that have gone as far as accepting the use of cryptocurrency. Players only need a crypto wallet to transact to the casinos hence convincing them, unlike the traditional methods that required them to fulfil lots of procedures.

Crypto transactions also guarantee complete anonymity, thus proving to be among the most reliable and safe methods of transacting. Unfortunately, the earlier forms had loopholes that made it easier for cybercrime to take place.

You no longer have to travel to your nearest land-based casino to play your favourite game. Innovation has made it possible for gamers to download the apps of their favourite gaming sites, allowing them to access the gaming services they need from anywhere.

The game developers have created mobile applications compatible with the mobile operating system, making it convenient for gamers to access the games. Availability of mobile apps and mobile compatibility are some of the features that experts use to rank various Portuguese online platforms listed on https://casinoportugal.online/.

Do you know of a perfect method of preventing a third party from accessing your data online? The internet has been a great solution provider, especially to problems affecting humanity. However, its no longer a haven for the majority of the people.

Many cybercriminals are after the users data and funds. They have various mechanisms that they use to make their mission successful. For instance, some use malware, others use phishing methods to steal from unsuspecting users.

Fortunately, the online casinos in Portugal have put better measures such as end-to-end data encryption methods to prevent the users data from access by the third party.

Blockchain technology ranks among the top online gambling technology that will change the majority of things in various industries. Apart from powering crypto transactions, its also helping in other ways, for instance, it eliminates various forms of fraud.

Gamers currently enjoy transparency at the casinos because all the loopholes that could have been used by fraudsters have been sealed. That encourages them to play more with confidence.

In the past, gamers were enjoying traveling to the land-based casinos that were near them. They had the privilege of interacting with other gamers from their studios. It also allowed them to share their gaming experience with the other players.

But, that became impossible while gaming at the online casinos in Portugal. Fortunately, through innovation, there are currently many live dealer games that make it possible for the players to interact with the dealers when they are in their game studios. Some of the live dealer games include blackjack, baccarat, and video poker.

Above are some of the hot trends that you should not miss if you are an ardent gamer, as they are what makes gaming exciting today. If you plan to invest in the Portugal gaming industry, dont hesitate because the casino trends are making the industry better daily.

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Hot Trends in Portugal: Online Gambling and Casinos - Scoop Byte

Online casinos are known for offering lucrative bonuses. You can get these bonuses when playingslots, roulettes, poker, blackjack, and all other kinds of casino games online.

The section below talks about the most common bonuses available on online casinos. Remember, the names of these offers might vary from one online casino to another.

Welcome Bonus

As its name suggests, this bonus type is offered to players when they sign up on a casino website. Some other terms used for a welcome bonus are a sign-up bonus, new player bonus, etc. A welcome bonus is typically a 100% match up to a specific amount. Heres an example of how this works:

The welcome bonuses can be as low as 50%, while there are also websites that offer a welcome bonus of 500%. However, it would be wise if you check the terms and conditions carefully whenever a website offers a welcome bonus of 200% or more than that. Thats because such offers often come with various restrictions that might create issues when withdrawing your bonus amount.

No Deposit Bonus

Casino players can get a no deposit bonus without the need of depositing any amount from their pocket. This offer is mostly used by newly launched casinos for getting players to join the platforms without risking their own money.

No deposit bonuses come with a series of restrictions. For instance, players need to deposit a certain amount from their pocket before they are allowed to withdraw their no deposit bonus. Additionally, the casinos also impose certain game restrictions and wagering requirements on the beneficiaries of no deposit bonuses.

Monthly Bonus

Unlike welcome bonuses, the value of monthly bonuses is usually not remarkably high. Additionally, on most casino websites the amount will vary depending on your playing frequency and performance.

Payment Method Bonus

Youll get to choose from a series of transaction methods when adding money to or withdrawing funds from online casinos. Online casinos might want users to use a particular mode of payment. So, they offer bonuses to users who choose to use that payment method. On most occasions, these bonuses are offered to people using e-wallets for depositing or withdrawing money.

High Roller Bonus

To encourage players to deposit bigger amounts and play more frequently, online casinos often offer bonuses to individuals making bigger deposits. Players who make big deposits are referred to as high rollers, while the bonuses they receive are called high roller bonuses. The other terms used for referring to the high rollers are whales and VIPs. These people also often receive tickets to top sporting events as perks from online casinos.

Free Spins

Some other terms used for free spins are welcome spins, extra spins, cash spins, bonus spins, and so on. On most occasions, players need to meet certain wagering requirements for winning free spins. However, there are also casino websites that allow novices to enjoy free spins without imposing any wagering requirements on them. Some casinos even offer free spins along with welcome bonuses.

Final Words

Casino bonuses are the most widely used tools for getting players to deposit funds on online casinos and keep playing. While bonuses allow casinos to get more active players, they also offer several benefits to the players. Online casino players can utilise the additional money for playing their favourite games for a longer duration.

Ideally, you should read through the terms & conditions of an online casino carefully to comprehend the exact advantages youll be getting in the form of various bonuses. Reading through the terms & conditions will help you to know the wagering requirements youll need to meet, whether the bonuses are available for players irrespective of their location, and more.

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Different Types of Bonuses Available on Online Casinos - The Jerusalem Post