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César Albarrán Torres

Mobile Gambling Predicted to Reach $100 Billion in Five Years, Announce jackpotcity.co.... - 0 views

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    Boosted by growth in the UK and other key markets, mobile gambling is going to devour a bigger slice of the gambling pie by 2017 According to a new report from Juniper Research the value of mobile gambling could reach $100 billion by 2017. Growth will largely be fuelled by an expansion in mobile lottery games in certain international markets and an increase in sports betting and social gaming in the UK. http://www.jackpotcity.co.uk/mobile-casino/ already offers a mobile site complete with all its casino games. It is looking to make its mobile play even more socially minded in the future as are other major players in the gaming industry. Read more here: http://www.sacbee.com/2012/10/05/4884031/mobile-gambling-predicted-to-reach.html#storylink=cpy
César Albarrán Torres

Zynga Inc (NASDAQ:ZNGA)'s transition to online gambling could be hurt by new US online ... - 0 views

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    Zynga Inc (NASDAQ:ZNGA)'s attempts to enter real-money gambling may be held back by US laws, which favor existing casinos, according to Bloomberg. So far, 3 US states, including New Jersey, Nevada and Delaware, have passed laws that will allow online gambling games to be played on their territories, but it looks like the conditions will benefit casinos which dominate the gambling scene. This could create problems for the social gaming giant, which is looking to reduce its dependence on its current business model, including bolstering growth and business transactions by offering real-money games. At present, Zynga (ZNGA) has employed a 'free to play' business model, which was started by multiplayer online games like Jagex Games Studio' RuneScape. It allow players to play games free of cost but with the choice to spend real money on virtual items or other in-game advantages. These in-games purchases are called "micro-transactions".
César Albarrán Torres

Online gambling in NJ raises concerns for compulsive gamblers with 'hidden addiction' |... - 0 views

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    "Borgata's vice-president of information technology John Forelli demonstrates in-room gaming at Borgata Hotel Casino and Spa in Atlantic City, N.J., Monday, Feb. 11, 2013. The Borgata Hotel Casino & Spa in Atlantic City said it's the first casino in the United States to let guests gamble over hotel room TV sets. Gambling from a home computer is the next step in convenience gambling, after legislation legalizing online gambling was recently signed into law. (AP Photo/The Press of Atlantic City, Michael Ein)"
César Albarrán Torres

Delaware Goes All-In with Legalized Online Gambling | Sci-Tech Today - 0 views

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    If you love gambling and live in Delaware, you'll soon be able to legally play slots and games such as roulette and poker online. The state hopes to launch online gambling in 2013 and intends to make betting available on a variety of digital devices, including smartphones and tablets. The new gambling offerings will generate $7.75M in fiscal 2013.
César Albarrán Torres

Mobile Gambling to be worth $100 Million by 2017 - Online Casino Archives - 0 views

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    A report released by Juniper Research the mobile gambling market, which is currently worth $13 billion a year, will be worth around $100 billion a year by 2017. Already William Hill, Ladbrokes and Paddy Power have all seen a 40% increase in online sports-books customer placing bets from mobile devices. A quick look at some of the biggest gambling operators easily reveals how much focus they're placing on mobile gambling. All Slots Mobile has just launched an HTML5 platform for Apple devices which brings 11 of its most popular mobile slots and video poker games to the iPhone, iPad and iPod Touch.
César Albarrán Torres

Casinoonline.se: Lack of Online Gambling Competition is Costing Sweden Tax Revenue and ... - 0 views

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    Sweden's refusal to open up its gambling market means it is missing out on billions in tax revenue and is hindering the growth of its online gambling industry, Casinoonline.se report concludes. Sweden may be missing out on billions of Krona in tax and licensing revenue, as well as jeopardizing the continued growth of one of its key high tech industries, by not opening up its online gambling market to competition. This is the conclusion reached in an in-depth report conducted by Casinoonline.se, a leading online casino portal.
César Albarrán Torres

Zynga to launch real-money gambling online games in 2013 | VentureBeat - 0 views

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    Mark Pincus, chief executive of Zynga, said in a conference call with analysts today that the company will launch its first real-money online gambling poker game in the first half of 2013. The game will likely be launched outside the U.S., since real-money online gambling is still illegal in the vast majority of states. There are regulatory roadblocks in many countries, but Europe is pretty open. Pincus said the launch will be subject to online gambling regulatory reviews. Zynga's non-real-money poker game, Zynga Poker, accounted for 18 percent of revenue. In that game, users purchase poker chips with real money, but they cannot cash out any winnings
César Albarrán Torres

Could online poker in the U.S. still have an ace up its sleeve? | Digital Trends - 0 views

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    "Boom… Prior to 2006, Internet-based gambling was effectively legal in the United States. Although the Federal Wire Act from 1961 prohibited transmission of sports betting information using telecommunications services, in 2002 a U.S. appeals court ruled that the sports-related provisions in the Wire Act did not preclude Internet gambling. Although some states and jurisdictions did have laws on the books specifically prohibiting online gambling, many did not - and so started a bit of an online gold rush as online gambling companies tried to capture chunks of the lucrative U.S. market."
César Albarrán Torres

Tony Abbott vows to block online gambling in Australia | The Australian - 0 views

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    "If you are gambling on your smartphone, if you are gambling on your computer, you are absolutely on your own."
César Albarrán Torres

Will Zynga Make The Switch To Real Money? | Sports Business | Minyanville.com - 0 views

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    Related Articles Will Facebook and Zynga Embarrass Analysts? New Stock Coverage: Facebook Makes Enemies, Fair Weather Acquaintances, and Best Friends Forever Amarin Corporation and Ericsson Among Most Active Stocks in Pre-Market Today on the Nasdaq More by Inspin.com Winning More NFL Bets in 2012 Delaware Moving Closer to Legalized Online Gambling? 9 Basketball Betting Tips That Can Increase Your Winning Percentage 2-3% What's the Buzz? 30 top traders on these stocks and more      ZNGA   5.02  (+1.41%)       WYNN   96.75  (-3.87%)  With the legalization of online gambling activities quickly sweeping through the nation, some of the top sportsbooks and the leading play-for-free poker companies could be in positions to make a move into the real money sweepstakes. Zynga (ZNGA), which runs a very popular brand of free poker over social networks, has seen its poker brand grow by leaps and bounds over the last year. It's no coincidence that over that same time, various scandals surrounding UltimateBet and Full Tilt Poker have reduced the number of options for players to play paid poker. Many of those people have turned to Zynga to get their fix. Read more: http://www.minyanville.com/special-features/sports-business/articles/ZNGA-zynga-onling-gambling-social-media/7/12/2012/id/42334#ixzz20SepThWh
César Albarrán Torres

Zynga Is Lobbying Hard For Online Gambling - 0 views

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    "The bill, called the Internet Gambling Consumer Protection and Public-Private Partnership Act of 2012, would allow for $30 million licenses for gambling outfits with whom Zynga could potentially partner to offer online poker to players within California. The California legislation stalled earlier this year, but may yet be reprised."
César Albarrán Torres

Zynga Pushing for Legalized Online Gambling in the US - 0 views

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    "The Wall Street Journal recently reported that Zynga is working hard to try and push online gambling in the United States. The company has spent as much as $75,000 to lobbying policy which would make online gambling legal in the US."
César Albarrán Torres

Gambling addicts prefer poker machines to online or sports betting | adelaidenow - 0 views

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    FOUR out of every five problem gamblers in South Australia are addicted to pokies - despite the growth of online and sports betting. A profile of problem gamblers treated by the Flinders University School of Medicine shows less than 1 per cent said they had a problem gambling online but 83.9 per cent admitted to poker machine addiction. Flinders University Professor of Psychiatry Malcolm Battersby said experts did not know why a boom in sports betting and online gambling had not yet translated to an increase in problem gamblers.
César Albarrán Torres

CNBC Stock Market News - Zynga: Closer to Real-Money Online Poker? - CNBC.com Stock Blo... - 0 views

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    While I do not necessarily expect official word from the company on its real-money online gambling plans on Wednesday's call - all CEO Mark Pincus has said is he was exploring it - a story hit a gambling industry magazine earlier this week (via the Gambling911 website) that flew under the radar.
César Albarrán Torres

More States Look to Legalize Online Gambling - NYTimes.com - 0 views

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    "Nevada and the District of Columbia have already taken steps to authorize online poker, and state officials in Iowa have been studying the issue closely. Lawmakers in New Jersey and California are redoubling their efforts to legalize it, bolstered by a recent Department of Justice decision that reversed the federal government's long-held opposition to many forms of Internet gambling. Gov. Chris Christie of New Jersey spoke this month of making his state an "epicenter" of the online gambling industry. "
César Albarrán Torres

Wynn Applies For Online Gambling License -- Trefis - 0 views

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    In April, Wynn was in talks with Zynga (NASDAQ:ZNGA), the world's largest social gaming developer, to form a strategic online partnership. (See our previous post: Wynn Takes Hard Look At Online Gambling Market With Zynga) Speculation is rife that Wynn is interested in partnering with Zynga for this project. Zynga enjoys a dominating position in the social gaming industry and has about 232 million average monthly active users across 166 countries.
César Albarrán Torres

Cartoons and fun with friends: How our children are being lured into gambling online | ... - 0 views

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    There are hundreds of virtual slot machine and poker games on Facebook and other sites that are almost identical to adult gambling games.
César Albarrán Torres

Money with Friends: A History of Online Gambling [Infographic] - SocialTimes - 0 views

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    "While Zynga waits to make a move into the online gambling space, other Internet casinos are all in - and have been for more than a decade. This infographic shows how much the industry has grown since 1998, from online bingo and poker sites to national and state lotteries."
César Albarrán Torres

Mobile Gambling To Boom In Next Five Years - Industry Coverage - Onlinecasinoreports.com - 0 views

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    "Mobile casinos and the mobile gambling industry at large will continue to boom in the five years through to 2017, on the back of growth in online casinos, lotteries and betting, according to the latest research released by Juniper Research."
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