• Operator Source
    The most complete broadband operator resource available.
  • Broadband Money Makers
    Make sense of value-added services.
  • UKPlus
    The essential day-to-day source for all broadband players in the UK.
  • BroadBand User Service
    A complete syndicated research programme designed to provide the best possible view of the broadband market in the UK.
  • BroadBand Neighbourhood
    If you want to know who your customers are, or could be, where they are, what they are doing online or what they’re not doing then you need BroadBand Neighbourhood.
  • Global Broadband Statistics
    Containing current and historical quarterly subscriber numbers from over 300 operators from around the world.
  • BroadBand User Service - Mobile
    Surveying consumer mobile users in the UK on their current and future use of mobile broadband.

Broadband Money Makers:::More InformationSubscribe

This is the introduction of the live report taken from the Broadband Money Makers service. The premium content has been removed from this report. You can see a full live report from this service or go to the Broadband Money Makers homepage for more information..

Online Gambling

19 September 2008

1 Overview

Online gambling is a major activity on the internet. In some (but not all) countries, gamblers can play poker, place bets on horses or football, have a game of bingo or play roulette at a virtual casino. Revenues are significant. For example, the PartyGaming brand reported average gross daily revenues of $1.6 million in the eight weeks to 25 August 2008.

But online gambling is not legal in all territories. This regulatory situation partly reflects the complex situation of regulation that relates to ‘‘traditional’’ gambling. No online gambling at all is permitted in China. In the US, banks are not permitted to handle payments to or receipts from online gambling operations, with the exception of a few types of games.

This profile explains what is happening now in online gambling, examines the market size in revenue terms and discusses the opportunities for key players.

Key issues

Regulation The US passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006. This federal law means that US companies are not allowed to offer gambling other than fantasy sports, lotteries and horse and harness racing. Publicly listed companies in London also stopped signing US customers to their poker and casino sites.

Offshore jurisdictions Costa Rica is home to more online gambling operations than any other territory. Gamblers need reassurance that their money is safeguarded and that casinos are being operated fairly

Free trade In the Placanica case, the European Court of Justice ruled that Italy cannot use criminal law to prevent companies based in another European Union (EU) country from taking bets from Italians. Similarly, Antigua has appealed via the World Trade Organisation (WTO) about the unfairness of US legislation.

Big internet players like Yahoo entering the market Companies with a large internet presence, such as Yahoo.co.uk, can open a poker site or casino site, and this creates uncertainty about the long-term viability of gambling-only sites.

New profile content

This is the first version of this profile.

The premium data has been removed from this profile

As a non-subscriber, you can only see the overview for this profile.

Taken from: Tools and Applications Grid: Data-based applications




search:
username:
password: