Casino News Archive

More Aussies are wagering online all the time and according to a recent report, that will continue this year. Aussies are expected to wager billions of dollars on casino games, horse races and sporting events this year.

One of the biggest reasons that Australians are wagering more money than ever online is mobile devices. Aussies are using their mobile phones, tablets and laptops to wager at online gambling sites. One of the largest Australian gambling firms said recently that almost half of their bets come from online customers.

The United States government has an insatiable appetite for money and although they did much harm to the online gaming industry in 2006 and 2007 with their absurd interference of money transfers to and from the United States the real men of genius in congress now have a new interest, if not newfound respect, for online casino gambling because of the potential tax dollars that it could bring to the government coffers.

The state of Delaware looked to be ahead of the curve with its progressive decision to use Delaware Park, Dover Downs, and Harrington Raceway as vehicles for online gambling in order to increase revenue to the state. Combining horse tracks with online casino gambling was considered to be an innovative revenue producing solution that was potentially going to be a model for other states to follow. So far the results have been mixed as revenue has fallen short of what was anticipated just as what was the case in the state of New Jersey.

The revenues from online gambling in Delaware have been disappointing overall but the good news is that they are going up. The original estimate for revenue from online gambling in the state was far too optimistic but that was also the case with New Jersey estimates.

Since online gambling began last November in Delaware, the state had brought in about $1.3 million. The original estimate for the fiscal year was about $5 million. Those estimates were way off and now the estimate for fiscal year 2015 is $3.3 million.