Top Best Online Casino | Free Casino Games | UK Online Casino Guide

LONDON (SHARECAST) - Casino to bingo gaming group Rank saw a small increase in like-for-like revenue in the 15 weeks to 14 December.

Revenue at Mecca Bingo was comparable to the same period a year earlier, with a 5% increase in spend per head offsetting a 5% decline in admissions.

The Spanish bingo clubs business continued to experience a difficult trading environment, and saw a 9% year-on-year decline in local currency. Admissions were down by 3% and spend per head was 6% lower.

The Grosvenor Casinos division saw like-for-like revenue growth of 4%, with spend per head up 16% while admissions were down 12% for all online casino sites.

The casino game online betting brand, Blue Square, increased like-for-like revenue by 1%, with income from the online bingo offering offsetting a decline in revenue from sports betting.

“Trading for the current financial year remains in line with market expectations,” the board said.

News Sources:-
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=2518394
Thu 18 Dec 2008

Not even Spencer Bachus could claim sixteen million online gambling patrons to an unregulated environment in a month to be a satisfactory consequence of the prohibition of online casinos

Despite a two-year-old ban against online casinos in the US, unique visitors to online gambling sites by US residents climbed eleven percent last month. Even as the Bush administration underhandedly imposed midnight regulations implementing the UIGEA, over sixteen million Americans used the Internet to call up online casinos, according to a market research company.

Using a scale called the Media Metrix measurement service, comScore found that one and a half million more US residents went to Internet gambling site in November than October. To put the sixteen million in perspective, all retail sites in the November start to holiday shopping season totalled just over nineteen million US visitors.

Advocates of the ban against best UK casino gambling have insisted the UIGEA is necessary to prevent underage gambling and to protect consumers. But the ban has apparently blocked almost no one, as the numbers of US online casino patrons are huge and growing.

All the prohibition has achieved are negative results. A black market has been created, with no regulation to guard consumers against fraud or identity theft. Children are not blocked by regulating software. Legitimate businesses leave the US market, while shady outfits harboring criminal activity, including money laundering, operate unchecked.

While the stated goals of the anti-online gambling faction may be noble, simple numbers indicate the ban is a dysfunctional method to reach those goals. Legalization and regulation of the Internet top online casino gaming industry would be a simpler program to achieve more notable results, including less burden on the US financial system. Not even Spencer Bachus could claim sixteen million online gambling patrons to an unregulated environment in a month to be a satisfactory consequence of the prohibition of online casinos

News Sources:-
Published on December 18, 2008 by Ed Bradley
http://www.onlinecasinoadvisory.com/casino-news/online/us-online-casino-visitors-rise-42408.htm