States Governments Continue to Tap into Online Casino & Sports Betting

August 6th, 2019 Offshore Betting, Online Casino

The late great Ronald Reagan once said that government programs “are the closest thing we will see to eternal life.”  Certainly, that trend leads into the insatiable need, if not greed, for money to fund those programs.  As a result, what was once a condescending attitude towards online casino gambling by the government has completely flipped.  Penn National Gaming is the most recent example of the government making peace with wagering.  Especially in sports.

Penn National Powerhouse

Namely, it has been Penn National that has emerged as a recent offshore casino juggernaut.  Also known as PNG it has made partnerships with four heavyweights of the online gaming industry.  PNG is now with Draft Kings, Points Bet, The Score, and The Stars Group.  Cash advances and better exposure are all part of the agreement.  Most important of all is the demonstrated power and money-making ability of online sports wagering.  PNG holds 41 casinos in 19 jurisdictions.

Pennsylvania Sports Betting Soars

While there was plenty of skepticism about sports betting in Pennsylvania those doubts are long gone.    Sugar House, Fan Duel and Bet Rivers quickly emerged with gamblers as top online casino choices.  In just a little bit of operating time, these sites have shown the value of sports betting to the state and its budgetary goals.

New Jersey Continues Online Sports Gambling Ascension

In the same way, as Pennsylvania has New Jersey enjoyed considerable online casino success. Draft Kings, Bet Stars, William Hill, and Points Bet are among the leaders.  Fans have flocked to these sites in New Jersey.  Expansion continues with the upcoming football season expected to provide additional contributions to state coffers.

Casino Engine Operator Network Expands

In other news, Spinmatic Entertainment has become a factor in online gambling platform development.  Such developers as Net Ent, Microgaming, Habanero, Greentube, and Pragmatic play have worked with Spinmatic.  Overall the emphasis has been on video slots and bingo games.  Production has drawn rave reviews and plenty of actual betting action for these games.  Spinmatic made news with its distribution agreement with Slotegrator.  Spinmatic is located in Malta and has become an industry leader in slots and bingo.  In fact, it is a top development company for such games.  Most important of all Spinmatic offers options on multiple platforms.

Advertising Rules Change United Kingdom Gambling

By reason of complaints about too many gambling ads on televised sporting events have changes come in the United Kingdom.  Supposedly such ads were having an adverse effect on children and “vulnerable individuals”.  While gambling advertisements will not totally disappear, they will certainly be reduced going forward.  Since the Gambling Act of 2005 British TV has been bombarded with online gambling ads. Concurrently a lot of “do-gooder” groups have made a major issue out of it.  Gambling companies have decided to back off to quiet down the noise.  “Whistle to Whistle” ads during games is done.

Connecticut Puts Toe in Water

Following the lead of other states, the always cash strapped big government of Connecticut is looking for gambling revenue.  Subsequently sports betting figures into their plans to feed the state’s insatiable greed for public cash.  Tax rates ranging from eight to ten percent are seen as possible.  Concurrently slots are seen as another revenue source.  With government spending like a drunken sailor, it sees gambling money as a must!

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