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Online Casino News - July 2009

July 31, 2009 - Inter Casino to Give Away a Luxury Vacation to Egypt

July 29, 2009 - Platinum Play Draws Attention to Casino Games Guide

July 27, 2009 - Cryptologic to Supply Slots to Bookie ToteSport

July 25, 2009 - Will Hill Online Pays Out 750,000 During Month of July

July 23, 2009 - Rival Gaming's Best Slots Payouts at Superior Casino

July 21, 2009 - Free Super Slots Comp Points, Tournaments & Bonuses

July 18, 2009 - Playtech Off the Hook in Patent Infringement Case

July 15, 2009 - New High Roller Welcome Bonus at Millionaire Casino

July 13, 2009 - Grand Slam Online Slots Tournament at 32Red Casino

July 11, 2009 - Casino Money Laundering Absent in Online Gambling

July 9, 2009 - Michael Jackson Slots Tournament at Golden Casino

July 7, 2009 - U.S. Players Hit Big Jackpots Over July Fourth Weekend

July 5, 2009 - UK Favorite, 32Red, is Now a PayPal Online Casino

July 3, 2009 - Florida Online Poker Rooms Could be Regulated by 2010

 

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News of the Month...

Goldman Sachs Forecasts Big Profits for Playtech in US

According to a recent report by Goldman Sachs, if and when online gambling is regulated in the United States, the financial giant forecasts Playtech, Bwin, Party Gaming and 888 to benefit the most, with Bwin and Playtech having the most potential in stock growth and Business to Business (B2B) profitability. The report elaborates that European online betting companies should benefit greatly from liberalized US online gambling laws, and that more B2B opportunities will be available as opposed to Business to Consumer (B2C) opportunities. In essence, however, it is the B2C that ultimately drives the B2B. It's the online casinos that draw in the the consumer traffic, but it's the software developers that fuel the online casinos. B2B opportunities would therefore essentially manifest in the form of licensing agreements and technology development. While the report attests that B2C would clearly be the most accretive, Goldman Sachs forecasts B2B as the "more likely route to market". What about the other casino software giants like Microgaming and Cryptologic? Although they were left off of the report, it's a pretty certain bet they will be vying for a fair share of the U.S. market. In fact, OCS predicts that Microgaming will be one of the top performers in the U.S. due to the overall transparency of their operations and association with eCOGRA. When regulation takes place in the U.S., more gamblers will enter the market - and more educated gamblers at that.

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