Market report: Online gambling a bad bet for investors, good deal for bookies
Online gambling stocks continued their losing streak after a US judge extended a temporary civil order, prohibiting BetonSports from taking bets from the US.
Related Gambling News:
- GamingIndustryStocks.com — Worldwide Online and Mobile Gambling Market Growth Expected to Continue
- WAP affiliate program targets French market
- Get Minted exits German online market
- WPT Gambles on Online Market
- UK Online Bingo Market Grows Despite Summer Slow Down
- French online gambling offer should be rejected says top exec
- More online casino white labels
- UK Online Bingo Players Buy Over £600 Million Worth of Bingo Tickets Per Year
- Online Casino Tips for Chinese Players at online casino news and casinos update
- UK Online Bingo Market Showing No Signs of Summer Slow Down
- Online Poker Market Reaches $10 Billion. How Pros and Affiliates are Making Thousands From Online Poker
- Online Gambling: Bet, Call or Fold
Interesting gambling facts:
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
- As early as 1420, lotteries were used in Europe for public works. High-value commodities such as land and art were often sold through lotteries.
- Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.
- Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.
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