Black Friday Affecting Online Casinos

August 10th, 2011  |  Published in Inrodution

In April 2011, the United States Department of Justice forcibly closed several major online poker rooms on the grounds that their processing payments were conducted in an illegal manner. That event created a ripple which resulted in a major online casino group or software provider exiting the U.S. Internet gaming market on a weekly basis. This has continued for approximately the past four months.

The latest news is from Rival Gaming which has announced that its casinos will no longer accept U.S.-based players. This statement was confirmed by AffiliateWide, an affiliate program for the company. They stated, “We have received notification from our software provider, Rival that from 7th August we will no longer be able to accept new U.S. players. Please note your existing US players will still be able to deposit and you will continue to earn commission on player generated revenues.”

AffiliateWide currently has a large U.S. client base which is the reason the company has decided to switch to Top Game, another online game software developer. As of this moment, Top Game will continue to operate in the U.S. marketplace. Online casinos that are powered by Top Game include:

  • Box24 Casino
  • Spartan Slots
  • Black Diamond Casino

The message provided by AffiliateWide members detailed that the migration to Top Game will be completed by August 15th, 2011. Luckily, the switch will not cause any hiatus and the online gaming sites will provide Rival games until the migration is complete. This means that affiliates will be able to access Rival statistics on the AffiliateWide website. Once the changeover is complete, players will be able to bet on Top Game software and affiliates will login using the Top Game Affiliate system.

Furthermore, affiliates will be able to download new marketing tools and tracking codes. Unfortunately players who wish to continue betting on Rival games will be required to close down their accounts and find another Rival Gaming casino.

In addition to the news of Rival Gaming, another announcement was made as a result of Black Friday. Intertops online casino released a statement indicating that it will change its domain extension from .com to .eu. According to the company the reason for this change is to improve accessibility, reliability and the level of service. The real reason is due to American federal authorities who can easily act against .com’s.

Black Friday has and continues to have a significant impact on online casinos that operate within the United States market. If this trend continues, there will be no online casinos left to cater to the American client base.

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Online Gambling Growth Affected by Black Friday and Blue Monday

June 24th, 2011  |  Published in Casino News

It is inevitable that Black Friday and Blue Monday affect the growth of online gambling. However, stake holders are always left wondering by how much. Therefore, the reputed consulting organization, H2 Gambling Capital based out of the Manchester, U.K. recently released an assessment which revealed that online gambling growth will slow to 4.4 percent in 2011. This marks the slowest annual growth of the industry since data tracking began in 1998.

Low Global Growth

In early 2011, H2 Gambling Capital predicted gross win forecasts of 25 billion Euros. This represented a growth of 10.2 percent compared with 2010. However, H2 has since downgraded its estimate to 23.76 billion Euros as a result of Black Friday and preliminary results to date. This equates to the aforementioned 4.4 percent growth.

Reasons for Slow Growth

The firm listed several reasons for the slowing of growth in the online gambling industry. The greatest impact was that of Black Friday on the United States poker market. The H2 press release stated, “Black Friday occurring in the US that have decimated the scale of the Internet poker industry in that market. At this stage we have calculated that the impact will equate to as much as 765 million Euros of lost market value this year and further 100 million Euro loss next year.

Japanese Earthquake and Tsunami

The next most considerable reason was the effect the Japanese earthquake and tsunami had on the Japanese Racing Association, the largest interactive operator in the entire world. H2 indicated that the business decreased by around 13 percent in 2011. Other reasons include the economic backdrop and slow regulation of various online gambling markets.

The Silver Lining

The report further stated that the online gambling expected win excluding the United States and Japan was scheduled to grow by 12 percent in 2011. The primary contributor to this figure was the anticipated launch of online poker cash games and casino gambling in Italy toward the middle of 2011. H2 is expecting sizable growth in the market due to the move toward regulation in other European countries like Greece, Spain and Belgium.

Other than in the United States and Japan, it appears as if online gambling has a bright future. Once the cleanup and rebuilding is complete in Japan and the legalization of online gambling is implemented in the United States, the number will continue to rise.

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