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Online Gambling Trends And Forecasts – A Comprehensive New Report

Online Gambling Trends And Forecasts – A Comprehensive New Report by PwC

Price Waterhouse Coopers (PwC), one of the giants of the accounting firms worldwide, has published a report on “Global casino and online gaming market to 2014″ recently. This lengthy but must-read report discusses the land and online casino industry, including players, trends and revenue growth, just to name a few. We have a step ahead summarizes by digesting selected sections of the report and it away for you. It is noteworthy to mention that we have chosen relevant contents of this website and these together with some of our inputs together (readers who want to get an insight into the report details can visit

Casino Revenue figures – Current and estimates

PwC report came in two parts. The first part contains discussions on land-based casinos, while the second hand at online casinos. While this website focuses on online casinos can be a discussion about land-based casinos at this point not be ignored its major operations and a strong influence on its online counterpart face. Probably due to lack of reliable and credible sources, sales figures have been excluded from online gambling from the PwC report. However, the company came from with turnover numbers of regulated online gambling. PwC reports that for 2009 alone revenues from gambling world was derived a whopping 100.5 billion U.S. dollars. The company estimates that this further reach 156.8 billion U.S. dollars, or a hefty 56 percentage points increase by the end of 2014.

Asia-Pacific Region – win Headway

Everyone knows that Asia is being touted as the next world champion, so it’s not surprising when PwC reported that the Asia-Pacific region from the industry, especially Macau has already surpassed Nevada casino revenue in 2008. Have Asia-Pacific countries such as Australia and South Korea have become major players as they accounted for 92% of casino revenue in the region in 2008. Singapore is not to be left behind, as it occupies the third position among the regions of sales for the same year.

Recession and U.S. casinos

In the U.S., the casino owners will experience a less favorable output. The recent economic crisis has had a negative impact on the casino owners in Nevada and Atlantic City. Casino owners not spared by the crisis. As expected, sales took a nosedive. As a precaution, New Jersey government reportedly is preparing for an Online Gambling Bill that would help outside the casinos of Atlantic City, to obtain operating licenses, submit.

Shifts and Directions

PwC also reported main directions that are taken from online casinos within a four-year period. Here is a brief discussion of these directions, including our views.

1 Cross-Border Gambling

The practice of keeping casino operations within the areas or states are supported by their respective governments, however, this facility can gain no strong foot hold in the coming years. Casino owners, especially those who would within small countries or regions opportunities find to expand their customer reach. The Powerball Lottery multistate in the U.S. and selected provinces in Canada to create a poker network upgraded. Apparently Crossing Borders would inevitably try as entrepreneurs, their customers is to play with so many players to the spot.

2 Government and Taxes

Like any other business or going concern, casinos are also taxed by the government. Understandably government would want higher revenues from taxes but it may be useful to alleviate its collection of taxes (including regulations), if it wants the industry to thrive. Too much imposition of taxes and stricter regulations can kill the industry. Online gambling in France, for example, has made the French government responsible for their poor performance due to regulations and taxes. Gaming companies in the UK also experienced the same heavy collection of taxes. For this reason, a leading gambling business in the UK has decided to pull-out and moving their headquarters offshore.

3 Societal views and values

People have different perspectives on gambling. Poker, for example, is considered a strategic game and brings analytical skills among its players. On the other hand, table games in casinos are often considered as a game of chance and is unlikely to win wide acceptance, compared with poker games. In the USA, horse racing has evolved into a legal activity in different states. Sports betting has also a large industry in the United States.

A few years ago, the UIGEA bill was passed to control illegal online gambling, although there are companies pushing for its repeal. We can go to the discussion of a variety of other forms of gambling and different views of the public on this. The bottom line is any form of gambling draws mixed reactions from various sectors of society. The saying “Different strokes for different folks” applies strongly.

4 The Social Network Bandwagon

Many might be wondering whether a deal could possibly be forged between the popular social network Facebook and Harrahs. Deal or no Deal, social networks are required to take on a main role in promoting online casinos. It is interesting to note that apart from Harrahs have other online casino companies expressed a growing interest in joining the social networking train. Apparently, more and more casino entrepreneurs recognize the value of social utilities and their great contribution to the increase in customer base and revenue. Proof of this is the growing number of Zynga poker poker fans who play for free via Facebook.

Final Note

Overall, it appears that the growth of online casinos (including land-based) will strongly influence by government laws and regulations on casinos and strategies to achieve sales growth in the coming years. Of course, we can not discount the role of the public in shaping the future of the casino world. Whether she is ready to gambling as a legitimate source of entertainment for mature and responsible adults is still hug, remains to be seen. Finally, forging relationships with social networks have become a trend among casino owners, as they recognize their valuable contribution to the market presence and revenue growth.

We will continue to keep track of interesting news and issues related to online gaming laws and regulations to make them regularly, follow us on Twitter @ rCasinoReviews or subscribe to our RSS feed.

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Why Facebook poker chips are a popular virtual currency for

Why Facebook poker chips are a popular virtual currency for Texas Holdem Games

Facebook poker chips are just like most other virtual currencies on the Internet, only more popular. You will be within virtual Texas Holdem poker games for social networks sites. Players all over the world, from the United States, Russia, to Germany The players interact within the game after meeting in different tiered poker tables that can on the number of Facebook poker chips, they need to buy in. You at tables with buy-ins of only 100 facebook chips to organize, to hundreds of games are millions and even billions of chips.

Besides the obvious hands of Facebook Texas Holdem Poker, the players can play, there are a variety of other smallers but equally important social engagement mechanisms within the game. For example, players are able to give gifts are displayed for every other purchase with their Facebook poker chips and send them immediately on the table next to another player. These gifts and items can be sent to make a bad player ridiculous (there’s chicken dance), congratulate a well-played hand (bottles cham) or just flirt with someone at the table (sending roses and kisses).

The competition is tough in the game and the players are constantly jockeying for the chance listed by their names on the top 100 list consisting of the best players who have won the most facebook poker chips from around the world. Each player in the game are ranked according to their relative position to each other player, and also against their own friends list. For example, someone may have a rank of 9000 in the world, but his number 1 is on his own friends list of friends, family and acquaintances in the game.

The players are also on the number of game points, the ranks they accumulate by playing and winning hands. A certain number of points will be awarded, will be played for each hand won a higher amount for each hand, and even more when the hand is won, was a rare hand like a full house, a trail of flush, four of a kind, or a royal flush. Points are also given for the completion of various tasks such as getting three of a kind, a certain amount of time or a certain number of flushes or straights. These points are then added together and used to determine a player to experience, it is shown as a number of 1 to 50 in addition to their profiles.

Facebook poker chips have no real world value outside of the game, but that did not of all races, genders and ages from vaulting it stopped at one of the top games of all time on Facebook and MySpace almost 30 million people. It is a shining example of the growth of online social gaming and interaction on these sites by people who are always willing to spend more and more time as well as money, to socialize and meet new people in virtual environments are the safety of your own home and computer.

As more and more users around the world connect to the Internet for the first time and sign up with social networks, we can only expect this trend to continue. Brand new games like Farmville have already more than 70 million players who tend their farms and spend farmville coins to decorate their farms and buy plants accumulated. Social gaming seems to be a permanent part of the future of the Internet.