Welcome!

News Feed Item

Calvin Ayre's Predictions for the Gambling Industry in 2013

LONDON, December 31, 2012 /PRNewswire/ --

Penned in his home in Antigua, Bodog founder Calvin Ayre, has put his neck on the block over how the gaming industry will shape up in 2013: some will come as no surprise, others will raise an eyebrow and some will induce foaming at the mouth - especially if you are a CEO nursing a share price.

US: The excitement surrounding Nevada's lead into online gambling will quickly disappear when the bare stats are laid out for all to see. The fundamental problem? The total population of Nevada is less than some New York suburbs. Also, being based in Antigua allows Calvin to remain close to the country's dispute with the US. As a result he believes the World Trade Organization will, in fact, allow Antigua to impose intellectual property sanctions against the US.

Europe: Bwin.party will make a multi-million dollar payout to the US Department of Justice in order for the Bwin half of the company to buy the same kind of immunity.

Ayre also expects the depressed share prices of European listed companies leading to one of the cash-rich Asian operators to contemplate acquiring a European foothold on the cheap, with operators like 888, 32Red, mobile specialists Probability, software outfit Openbet and Ladbrokes being likely acquisition targets.

Asia: here Calvin is not shy of making straight calls…like he knows a thing or two others may not: Japan will finally legalize casinos, Vietnam will legalize sports betting, and Australia will regulate online poker. I expect Genting to acquire a controlling interest in the Star Casino, outmanoeuvring James Packer's bid to dominate the Sydney casino market.

Poker: Asia is the only place this sector will expand in 2013, but even here, growth will be slow. As a result more networks will seek to protect and nurture their net-depositing players by adopting an approach that mimics Bodog's recreational model.

With the minor Chinese poker boom now creating more players per year than America creates lawyers, I believe an Asian poker player will hoist the World Series of Poker main event bracelet.

Social: This may be the single biggest factor driving innovation in the gambling industry, in that it is changing our definition of what is gambling. While gambling made the transition from casino floor to website close to two decades ago, the games remain the same ones gamblers have enjoyed for a century or more. Social gaming companies are looking to further monetize their product, initially with casino-style games, but there are a lot more non-casino titles in their portfolio.

Mobile: Smartphone and tablet sales have already outstripped sales of PCs, and comScore data says more Google maps searches are now coming from mobile devices than PCs. In a few more years, 80% of online gambling play will be via mobile devices. Sports betting products will lead the mobile charge, but casino and poker will soon catch up.

Tech: Any online gambling company that doesn't own its own technology is vulnerable to upheavals and/or outright blackmail at the worst possible moments. Companies can either choose to make the long-term investment to become their own master, or they run the risk of becoming someone else's bitch. That said, tech providers with battle-tested Asian-facing product are going to make a killing off the Johnny-come-lately operators desperate to tap into this market

In short: Keep your company away from public markets, move your head office to Manila, geographically focus your business on Asian markets, keep your platform emphasis on mobile, control your own technology and invest like hell in R&D.

In full: http://calvinayre.com/2012/12/28/business/calvin-ayre-predictions-for-gambling-world-in-2013/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Sheng Liang to Keynote at SYS-CON's 19th Cloud Expo, which will take place on November 1-3, 2016 at the Santa Clara Convention Center in Santa Clara, California.
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...