Firm Cuts US Online Gambling Estimate 30 Percent
- Mar 25, 2014
Morgan Stanley has lowered its estimate of the U.S. Internet gambling market to $3.5 billion by 2017, down from a previous forecast of $5 billion.
Read More . . .Morgan Stanley has lowered its estimate of the U.S. Internet gambling market to $3.5 billion by 2017, down from a previous forecast of $5 billion.
Read More . . .Sheldon Adelson's quest to ban online gambling received a juiced up shot in the arm now that Sen. Lindsey Graham has essentially made it clear that he's got his the casino mogul's back on the issue.
Read More . . .Reported growth in gambling revenue in Florida could influence a debate surrounding the expansion of gaming activities in the US state, according to the Associated Press news agency.
Read More . . .Gamblers there, in Jersey City and Cherry Hill spend more time on Caesars Entertainment's online gaming sites than anyone else since they went live in late November, according to Seth Palansky, the company's spokesman.
Read More . . .Nevada’s newly christened Internet gaming agreement with Delaware could launch this summer, and Gov. Brian Sandoval said he hopes to add more states to the compact.
Read More . . .Pennsylvania cut heavily into New Jersey’s gambling revenues with the opening of its own casinos over the last 7 1/2 years.
Read More . . .New Jersey affiliate programs are going to be vital ingredients in the casino partners drive to grow their player base and Betfair have jumped into the fray with both feet after inking a deal with Income Access.
Read More . . .The Cato Institute and the Pacific Legal Foundation have filed an amicus brief in support of New Jersey's bid to have the U.S. Supreme Court hear their protest of a 1992 federal law that is preventing Atlantic City casinos and the state's racetracks from offering sports betting.
Read More . . .Nevada and Delaware's recent agreement to launch the nation's first collaborative, interstate online poker zone appears to have drawn a backlash from gambling's opponents in Congress
Read More . . .A bill expected to hit the floor next week has the billionaire’s influence written all over it.
Read More . . .Key South Jersey lawmakers held court here Wednesday at the Irish Pub to discuss the hypothetical: What if New Jersey had sports betting? How much revenue would the NCAA March Madness Tournament generate for Atlantic City?
Read More . . .It's not surprising that recent comments by casino giant Steve Wynn on his hesitancy to embrace Internet gambling caused a stir, especially his worry about "the potential for an industry-blackening moment if an underage scandal were to occur."
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