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César Albarrán Torres

The Market for Online Poker by Ingo Fiedler, Ann-Christin Wilcke :: SSRN - 0 views

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    Although online poker is a gold mine of data, until now nobody knows where the players and their money come from. It seems that the knowledge about the online poker market has not been able to keep up with the speed of its evolution in the past years. This paper is the first to shed light on this matter. We use data of 4,591,342 poker identities from the Online Poker Database of the University of Hamburg (OPD-UHH) collected over a six months period from 09/2009 to 03/2010. We find that the USA is still by far the biggest market with 1,428,823 active players and 650.5 million US$ net revenues in 2009. However, with regard to the number of internet users in a country Hungary is the biggest relative market: One out of 57 Hungarians with internet access plays online poker for real money. The two main drivers of the proportion of online poker players per internet users are GDP per capita and culture. Using the data from the OPD-UHH, future research will be able to break down the market also on a regional level within countries and to examine inter and intra country differences in the playing habits of online poker players.
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

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 online poker in early 2013 | Digital Trends - 0 views

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    Zynga has announced the release in early 2013 of its poker application that will involve real-money gaming. Over the past year, Zynga has struggled to keep its foothold in the mobile gaming market as new entrants have entered the industry. Zynga's solution: real-money poker, which is set to launch in the first half of 2013 in international markets. Zynga's latest quarterly earnings report - its sales of $332.5 million missed the $343.1 million mark that Bloomberg had forecasted - sent the company's stocks plummeting as low as $3.03 per share on Wednesday. At the end of today's trading Zynga's stock price sat at $3.17 per share, but has dropped even further in after-hours trading. During the earnings conference call, Zynga CEO, Mark Pincus blamed Zynga's second quarter shortcomings on Facebook. Changes to Facebook's algorithm apparently surfaces fewer games, thereby decreasing the frequency with which Facebook users discover Zynga games.
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

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

True Stories of an Online Poker Pro | The Rockland County Times - 0 views

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    "I started playing at 6 p.m. on a Friday and found myself still going at 9 a.m. the next morning…But wait, I needed to get a job! Hold on I had just found one! The low buy-in tournament I entered with my promo money was coming to a close - and I was in second place! $1850! Not bad for a night's work. And so, that's how I entered the online poker world. Back in 2006 these sites had so much traffic and the U.S. market was so wide open that the sites would essentially just give players free money to get them to play on their site"
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

PokerStars Considers Launching Online Casino and Betting Services - 0 views

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    "Renowned online poker site PokerStars has just launched a new survey related to online casino gaming and sports betting. The survey might indicate the poker company's intention to expand into other areas of the online gambling market. Just recently, online poker site PokerStars has launched a new survey that was mailed to all of its online poker players. The survey asks poker players various questions related to online casino gaming and sports betting. One of the questions of the survey is whether or not the player in question was engaged in an online casino or online sports betting activity during the recent past. If the answer to this question was yes, then a list will appear from which the player will have to select the brands where he or she has been playing in the past. "
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

It's official: Zynga chases online gambling outside the U.S. in 2013 - 0 views

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    Let's start with the obvious: When it comes to the green stuff, no game company is, well, playing games. But Zynga is about to enter a whole new playing field. CEO and co-founder Mark Pincus recently announced that his social gaming giant will enter the real-money gaming (or online gambling) business outside the U.S. in 2013. In fact, Zynga already has products in the pipeline. "What we've said, and what we have to announce today, is that we have our first products in development and that we intend to release them in markets that are regulated and open, subject to our getting licensing," Pincus said during an unfortunate analyst conference call, TechCrunch reports.
César Albarrán Torres

The Online Poker Market Needs To Be Regulated - 1 views

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    "First, a little background. The great game of poker is an American pastime that has been enjoyed by presidents, Supreme Court justices and many members of Congress through the years. Today, millions of Americans play for recreation and, in some cases, for their primary or secondary income. "
César Albarrán Torres

Coalition 'problem gambling' policy: putting the fox in charge of the henhouse? - 0 views

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    "The Coalition has released its policy "to help problem gamblers" under that very title. If the betting markets are any guide, the Coalition is poised to win government on September 7, so the likelihood is that this will be Australian government policy for some time to come. What does it promise?"
César Albarrán Torres

What's Left of US Online Poker After Black Friday and Black Tuesday - 1 views

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    US poker market after Black Tuesday 
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.
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