My Gambling Book
March 1st Casino news ... My Gambling Book at mygamblingbook.com
DELAWARE ONLINE GAMBLING NUMBERS CONTINUE TO DROP
The December 2014 online gambling revenue numbers from the Delaware State Lottery show a continuing decline at 4.5 percent lower than the preceding month, with the three licensed operators posting total revenues of $169,606 and player sign-ups of 256 - a drop from November 2014's 308.
It's a far cry from the most successful month - April 2014 - when the sites reported their best ever results at $240,762.
Online poker again proved to be especially disappointing, with the three operators reporting total take in fees and rake of just $28,589 - a 9.6 percent decline on the preceding month and the third worst since legalisation in November 2013.
Compared with December 2013 - the first full month of legalised online poker that delivered revenue of $106,922 - the picture is even more depressing, showcasing a 73 percent plunge that suggests that until Delaware activates its player-sharing compact with Nevada it will continue to suffer an obviously chronic lack of liquidity and player appeal.
MORE ONLINE GAMBLING ACQUISITION RUMOURS
The Wall Street Journal triggered a wave of interest and speculation this week by reporting that the Permira private equity group is in preliminary acquisition talks with online gambling group 888 Holdings plc, quoting "reliable" insider sources.
The two organisations have neither confirmed nor denied the possibility, encouraging further rumours.
The WSJ report surmises that Permira may find 888 appealing due to the upcoming implementation of the British government point-of-consumption licensing and tax changes, which it perceives will have a stabilising effect on a potentially lucrative market.
The article observed: "A new licensing and tax regime for online gaming in the UK is clearing the air around the sector, and this makes one of the industrys biggest players, 888 Holdings plc, a potential buyout target."