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Gambling in Macau

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mc-map.gifMacau was both the first and last European colony in China. Gambling in Macau was legalized in 1850, under Portuguese rule, and since that time it has been known as the "Monte Carlo of the Orient." In recent years Macau's economy has enjoyed strong growth on the back of its expanding tourism and gaming sectors. After opening up its locally-controlled casino industry to foreign competition in 2001, the territory attracted tens of billions of dollars in foreign investment, transforming Macao into the world's largest gaming center. By 2006, Macau's gaming revenue surpassed that of the Las Vegas strip, and gaming-related taxes accounted for 75% of total government revenue. In 2008, government revenue from gaming was set to double 2006 collections. The expanding casino sector, and China's decision beginning in 2002 to relax travel restrictions, reenergized Macau's tourism industry. This city of just over 500,000 hosted more than 30 million visitors in 2008. Almost 60% came from mainland China despite increasing restrictions on travel the combined total brought $13.7 billion in gross gaming receipts. Macau's currency, the Pataca, is closely tied to the Hong Kong dollar, which is also freely accepted in the territory.

Some recent research by Ernst & Young has been reviewed by Tom Scotney of the Birmingham Post to provide some insight on the continued growth of the online gaming industry and how it stacks up against other forms of betting in the UK.

while online gambling has been the main success story, some casinos have weathered the recession better than others, the report said.

It said domestic gambling sites around the world were affected less than tourist gambling spots because people had been cutting down on air travel.

Some operators have also introduced new forms of gambling that have yet to face a recession.

Continue reading: Online Gambling Thrives as Players Seek Escapism

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Back on a Winning Streak

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I just couldn't stay away from online gaming and now that I'm free and clear of any conflict of interest issues and since there have been new offers for the winning streak Internet marketing services, I decided to upgrade the Movable Type software, add some of my Social Networking profiles to this new kick-ass MT publishing system and to begin blogging again, on a steady basis.

The focus of Winning Streak remains the on-line gambling sector with a specific focus on affiliate marketing of casino, poker and sports betting. Winning Streak will feature articles about Poker Tournaments, new casino products, sports picks and Sportsbook bonuses, plus Las Vegas information, gaming industry updates and any breaking news related to the global laws for Internet gambling.

"Online betting and gaming is convenient. Customers can place bets and get updates on their wins and losses from the comfort of their armchair or desk. It is the accessibility and convenience of the online betting and gaming proposition that gives it such huge potential. Markets that are currently untouched will become accessible for the first time."
according to Iain Wilkie, a leisure, hospitality and gaming partner at Ernst & Young in an article from Sports Business International

Global Gambling Market

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Internet is the hot spot going forward and in spite of the current global financial crises, the world's gambling market is set to grow from US$345bn in 2007 to US$433bn by 2012 according to a new report published by Global Betting & Gaming Consultants (GBGC) entitled: "Change is on the Cards." However, it won't be plain sailing for some sectors, according to GBGC's Chief Executive, Warwick Bartlett.

Canada's Gaming Industry

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Canada's gaming entertainment industry is made up of responsible professional organizations and individuals, delivering quality entertainment to Canadians. It is one Canada's most popular forms of entertainment with over 80% of adult Canadians engaging in at least one form of gaming.

CASINO AFFILIATE CONVENTION & GAMING MARKETING CONFERENCE

TOPIC: Affiliate Marketing of a Poker Site to Europe


A presentation given today in Amsterdam by Aaron A Day (CEO - WinningStreak.com) is about the essence of strategy for a poker affiliate in Europe. An Internet marketing primer with a focus on how to identify and reach your target market, plus the importance of marketing metrics and the significance of competitive intelligence to conquer your On-line Poker sub-niche.

Happy New Year

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Drove out of Rio de Janeiro yesterday, before the big crowds arrived for the New Years Eve celebration. What a crazy place Rio is, the "Marvelous City" as they call it, but it just gets too busy for both New Years Eve and the Carnival unless you like that kind of thing? Me, I'd rather watch those celebrations on TV from the comfort of my home in Sao Paulo, however tonight I'll be taking the red-eye to Miami to begin 2008 by working on a new and exciting on-line Poker project - to be announced soon.

Best wishes for a happy and prosperous 2008.
SafeAndSecureSticker_v1.gifThe Safe and Secure Internet Gambling Initiative promotes the principles of safe and secure Internet gambling through practices designed to protect consumers and ensure integrity of financial transactions.
 
Additionally, the Initiative is a resource for information about the Internet Gambling Regulation and Enforcement Act of 2007. The Initiative provides opportunities for individuals, organizations and companies to support the legislation and engage their elected officials. To learn more click here.

China Gambler Lurk

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A report from the Shanghai Daily today told the story of a Gambling Den that was raided to find a bunch of alleged gamblers watching soccer on TV and placing bets on an Internet Sportsbook. Apparently an enterprising woman had opened up a soccer social club in Shanghai which the news story called a "lurk" and she'd been making book via a website in her house since February, to which she confessed having over 100 customers and making about $2,632 USD in profits.

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