This week’s gambling news features Calvin Ayre and his thoughts for 2012. The founder of Bodog online entertainment and gaming brand has made a series of interesting industry predictions for this year. Last year’s rang true so he’s the guy to take notice of this year when it comes to online casinos.
I found Ayre’s predictions for each region on Casino.com. I had to laugh when I saw the misspelling of his name throughout.
Europe
There will be not a lot in terms of significant developments in the online gambling industry. Ayres has stated that “with faith in a common currency significantly shaken in 2011, the ongoing Balkanization of Europe’s gambling markets will only accelerate.”
America
Ayres long predicted that there would be no positive momentum for legislation regarding online gambling at a federal level even before the United State’s Department of Justice admitted that their Wire Act did not go past sports betting. However, with the recent announcement by the Department of Justice, it can be seen that the states are the ones holding onto the gambling decisions. in 2012, there is a 50 percent likelihood that one of two states will do emote gambling.
Asia
The Asian market is still in the infants’ stage, but it is much bigger than the rest of the world if individuals take a look at its brick-and—mortar casino profits. There has been no determination in regards to the companies that will be making a name for themselves in this region, but it will most likely not be public companies.
Latin America
While the continent of Latin America and never rival the continent of Asia in regards to scale; however, as far as gambling terms, Latin America is still mainly a virgin territory. With recent economic downturns hitting a majority of the area, causing the countries to look for new venues for money, Latin America may be second best (right behind Asia) market for targeting during the 2012 calendar year.
India
India is a huge market that tends to get overlooked a lot. Once an online gambling company figures out how to open this market, it will be like a slot machine getting all cherries – huge payout!
It could be a good year for the USA in terms of legalization. One can only hope. What are your thoughts on his predictions?
Monday, February 13, 2012
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