Connect with us
SIS

Industry News

Gambling revenue surges in Britain

Niji Narayan

Published

on

Gambling revenue surges in Britain
Photo Source: durhamregion.com
Reading Time: 1 minute

 

According to the latest report from the UK Gambling Commission, gambling revenue in the country has reached almost £14 Billion between the report period of October 2016 and September 2017. This represents a 0.7 per cent increase from that of the previous reported period. It shows that the gambling industry is thriving and it is making a significant contribution to the country’s economy as well.

The industry is estimated to have created 100,000 jobs through its 152 licensed casinos and over 8500 betting shops. The UKGC reports provide detailed data: 183,928 gaming machines and 33,648 B2 machines are present across the country, generating revenues of £2.8 billion and £1.8 billion, respectively. The gambling industry contributes generously to charity too: the National Lottery contributed £1.5 billion to charity from October 2016 to September 2017, while large society lotteries offered £251 million.

A great amount of that success can be traced back to the popularity of online casinos, betting, and bingo. Together they represent the remote gambling sector and make up 35 per cent of the market – a 1% increase from the year ending in March 2017.

Online casinos, which offer games like roulette, blackjack, and baccarat and allow gamblers to watch the dealer live via live streaming, generated a revenue of £4.9 billion for the period between October 2016 and September 2017.

 

Source: Business Matters

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Industry News

Wildz Casino Pairs Machine Learning and Automation with iGaming

Niji Narayan

Published

on

Wildz Casino Pairs Machine Learning and Automation with iGaming
Reading Time: 1 minute

 

Wildz Casino has paired the Machine Learning and Automation with iGaming. Wildz Casino, powered by a Rootz platform, entered the gaming sector at a time when innovation and “Machine Learning” are emerging as dominant factors in this industry.

In the iGaming industry, the innovative team behind Wildz.com is leading the charge into a “Machine Learning” assisted future. By 2025, the global AI market is projected to be valued at almost $60 billion. Wildz entered the market with a perfectly functioning machine having superb player incentives and unrivalled Loyalty programmes.

Continue Reading

Industry News

MPN to Celebrate the Third Anniversary of Fish Party SNGs

Niji Narayan

Published

on

MPN to Celebrate the Third Anniversary of Fish Party SNGs
Reading Time: 1 minute

 

Microgaming Poker Network (MPN) is going to celebrate the third anniversary of its popular Fish Party Sit & Go progressive jackpot tournaments.

For the anniversary celebrations, MPN will be running the Fish Party Birthday Bonanza, a unique promotion providing players with oceans of opportunities to land some big rewards in special re-seeded Fish Party jackpots and daily freerolls.

Running from 15 July to 4 August, the Fish Party Birthday Bonanza will feature a €5,000 seeded jackpot, which will grow by €1,000 each day until a Fish Party Sit & Go progressive jackpot hits. Each time a jackpot is won, the special bonanza jackpot will reset to €5000 the following day and begin to rise again.

There will be a €1000 Fishroller freeroll on August 7, which will be open to any player who plays €500 worth of Fish Party buy-ins per day from 15 July, for a minimum of 10 days.

For players looking to join in the Fish Party Birthday Bonanza action, they can simply create a new account or log in to an existing account via any MPN poker room.

Continue Reading

Industry News

Gamestar Arcadia Receives Great Response from Spanish Gaming Venues

Niji Narayan

Published

on

Gamestar Arcadia Receives Great Response from Spanish Gaming Venues
Reading Time: 1 minute

 

Win Systems, a global technology supplier to the gaming industry, has got good remarks for its GameStar Arcadia gaming machine from some of the most prestigious Spanish gaming venues.

The managers of the gaming venues confirmed that GameStar Arcadia received a great response among the players, thanks to its effective selection of games combined with the attractive Pyramid jackpot. Several of the operators have expressed their satisfaction after the first few days of operation of the machines.

After the successful presentation of GameStar Arcadia at the Feria International del Juego de Madrid in April, many contracts were signed to install GameStar Arcadia units in the most important venues in Spain.

“Spain is a key market in our strategic expansion plan, which is why it was very important to get the best operators support and confidence with the installation of the GameStar Arcadia. We are sure that this slot machine is fully adapted to the needs of the operators in the country especially to the preferences of the players. The first results reaffirmed that we are on the right path and it has given us full confidence for our future installations,” Ignacio García del Frade, Head of Business Development at Win Systems said.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.