Indicative of new challenges faced by the industry, gaming analyst Sebastian Sinclair has scaled back his estimates and projections for global I-gaming revenues for the first time since he began covering the industry in 1998. Nevertheless, Sinclair views the woes of the past 18 months as a bump in the road and maintains that the long-term outlook for the $4 billion industry remains positive.
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"Clearly the most comprehensive report we have seen on Internet Gaming; presented in a very user-friendly format."
-Donald D. Snyder, President
Boyd Gaming Corporation
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The direction of this expanding, transitioning industry, amid evolving interactive platforms, new gambling models, prohibition movements, and transaction processing problems, is explored in depth in the third edition of Wagering on the Internet, a joint report by The River City Group and Christiansen Capital Advisors. The study, now available for purchase, will begin shipping at the first of the month.
The detailed, comprehensive report provides a strategic analysis of the interactive gambling industry today and a forecast for tomorrow.
With more than 70 charts and tables, as well as an electronic appendix containing 21 MB of reference material, Wagering features:
- financial projections for the industry;
- a geographic breakdown of spending;
- up-to-date analysis of global policy; concerning I-gambling;
- information on more than 70 global jurisdictions with provisions for legalized Internet gambling;
- detailed information on software suppliers and transaction processors;
- copies of federal and state laws and court documents related to pertinent case law;
- in-depth profiles of over 85 I-gaming companies;
- newly expanded sections on iTV, games of skill and handheld devices;
- expanded coverage of transaction processing; and
- new sections covering free-play business models and marketing strategies.
"We're pleased once again to provide the most comprehensive research report on this fast-growing industry," commented Sue Schneider, CEO of The River City Group. "While it has been undergoing a variety of challenges, the I-gaming industry has continued to explode as one of the few revenue-producing channels on the Internet. Whether utilized for developing business strategies or assessing legal and policy issues (or both), Wagering on the Internet is essential reading and reference material for any corporation, agency or consultancy with an interest in interactive gambling.
Sinclair added, "Although vastly understated, the past year has been interesting and challenging for e-gambling. Despite further setbacks in Washington and in bank boardrooms, the tidal wave of demand for Interactive gambling services continues, undeterred. The lesson learned is that the worst is not over and it will continue be a rocky road for the industry, but that the industry can and will continue to grow and expand.
"A review of the recent past and a glimpse into the future, this year's report has roughly doubled in size. With approximately 75 charts and tables, 200 pages of narrative text, and thousands of pages of appendices, this report is clearly the most comprehensive and insightful work on e-gambling available anywhere."
The River City Group LLC provides a variety of information services to the global interactive gaming industry. It produces the industry's largest conference, the Global Interactive Gaming Summit and Expo, slated for May 13-15 in Toronto. It also publishes Interactive Gaming News (www.igamingnews.com) as well as several key research studies.
Christiansen Capital Advisors, LLC, has performed studies of the economics, management, operations, taxation, and regulation of leisure and entertainment businesses in more than 50 states, provinces, and foreign countries, with particular focus on gaming and wagering. The subjects of these studies have included sports, entertainment, communications, casinos, sports wagering, lotteries and all segments of the racing and pari-mutuel wagering industries.
To order or learn more about Wagering on the Internet, call 1-636-946-0820 or visit http://www.rivercitygroup.com/interiormain.cfm?page=woi.