Through scientific research, Dr. Sally Gainsbury of Australia’s Southern Cross University has concluded that “internet gambling does not cause gambling problems in, and of, itself.” This is in stark contrast to the position held by Sheldon Adelson, the Las Vegas Sands owner who’s waging a personal war against online poker and casino games. The Adelson-funded […]
Life has been pretty sweet for Sheldon Adelson over the past five years. The Las Vegas Sands Chairman has seen his net worth skyrocket since 2009 on the strength of a Macau gambling boom. And in early 2014, his net worth hit a lifetime high of $37 billion.
In theory, it seems like social gaming and real money online poker draw two different crowds. On one hand, you have the social gamers who buy non-redeemable chips to play casino games in a fun, laid-back atmosphere. Then there’s the real money crowd, which hopes to increase their bankroll and win profits/jackpots through iGaming. But […]
A recent report by Adam Krejcik at Eilers Research shows that US social gaming is currently smashing the regulated market. According to Krejcik, social gaming, which sees players buy fake chips that can’t be cashed out, earned $350 million in the first quarter of 2014. Regulated US gaming, which consists of Delaware, New Jersey and […]