Black Bear Entertainment has received thousands of inquiries from people and businesses interested in jobs and looking for business opportunities. Voters have approved the development of a new casino and resort in Maine which is estimated to cost $165 million. Casino opponents are questioning that vote so ballots are being recounted. If the casino opens it will bring new investment, huge business opportunities and jobs. Black Bear Entertainment would like to open the casino in 2012.
Online casinos are hugely popular and are also growing strongly. The US has banned all kind of online gambling but might revise its laws on this soon, which in turn would increase competition on the land-based casinos around the country. Europe has done much more already. Many countries are revising their laws and regulations on online gambling since it promises huge tax returns. One such Online casino is no.CasinoAction.eu have been able to attract many players since it is very secure and safe to play and offer a great casino bonus.
Many land-based casinos around America have been struggling over the last couple of years after the financial crisis and the following economic downturn. While the economy is picking up in the US unemployment remains stubbornly high thus people have less money to travel to Las Vegas and spend in casinos. Revenues are down across the board and are only slowly starting to pick up again.
While one strategy of many casinos is to move east and to open new casinos in places like Singapore and Macau to increase their profits, some are starting to invest heavily into online infrastructure. In the US online gambling is prohibited since 2006 but many lobby groups are pushing for a new law which should at least allow online poker (which is seen as a game of skill instead of a game of luck).
The online casino industry has been growing strongly over the last couple of years. Nowadays, many prefer to play at an online casino such as CasinoAction.com.es which offer them a great online casino bonus and many great games without needing to leave their hours thus saving quite a bit of money.
A proposal has made it through state assembly in New Jersey to legalize online gambling. New Jersey might become the first state to allow online gambling. It should be interesting to see where the industry is moving from here.
Legislation has also started to move in Europe. The UK for instance has opened up it’s UK casino online market. France has also moved forward introducing a licensing process and countries such as Germany and the Netherlands are moving towards new regulations.
Playing at a casino online has become very popular over the years. With the internet becoming more and more prominent many have switched to this more convenient option. Not only does it safe money – you can play with an online casino bonus often for free – it has also improved a lot and has become much more safe and secure. Some who swear on it even say it is safer than playing in a land-based casino. Online casinos, such as CasinoAction.de, have been able to attract many more players with great rewards and promotions.
Over the last couple of years Malta has seen a wave of internet gambling companies to set up operations from the tiny island. Already more then 84 companies are licensed in Malta with more to come. For Malta this provides a good source of revenue and creates new jobs. Malta provides internationals online casino and sport betting companies with the possibility of operating in Europe.
Many countries in the EU are rethinking their gambling laws after the EU has ruled that state monopolies such as the one in Holland or Germany are not compatible with EU law. To play online casino games used to be only possible at a state owned casino. France has already started to open up its gambling market with introducing a licensing process and taxes. Germany might be next.
Online casinos such as CasinoAction.at and CasinoClassic.de are hugely popular in Europe. Many players want more choice, better bonuses and more promotions.
Moody’s thinks no. The gaming market in Atlantic City is in too much trouble for it to be rescued by legislation changes. After 4 years of downturn new legislation is suppose to bring back players and help New Jersey to take in more revenues. The government wants to allow online gambling for New Jersey residents and also for casinos to open up smaller operations. Since visitor numbers are down it remains to be seen if the new measures will help. Increased competition from other states including New York and Pennsylvania are increasing the pressure on the Atlantic City. While Las Vegas profits are slowly increasing Atlantic City has not yet seen numbers going up.
Online casinos around the globe are also becoming more and more popular. Instead of playing at a land-based casino many prefer to play at a casino online. A good example for this development is CasinoAction.se. It offers a great online casino bonus and makes life for its players easy. Since online casinos are not allowed in the US, many are jealously looking to Europe were more and more legislation changes are being introduced, which are helping players.
Singapore’s gambling market is expected to become the 2nd largest in Asia-Pacific next year. With strong growth since opening of the two new casinos and resorts it is expected to take in $2.8 billion this year and reach $5.5 billion next year. The number one is still and will remain Macau with projected revenue of about $45 billion. If Singapore continues its amazing growth it will overtake Las Vegas in terms of gambling revenue soon.
The gambling market in Asia-Pacific has been growing strongly. This includes not only land-based casinos but also online casinoer. The emergence of a prosperous middle class has helped this development. With the introduction of the internet, online casinos have become hugely popular saving travel costs and other inconveniences. Very popular amongst players is the UK Casino Club a UK casino which offers great bonuses and has top games.