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It’s been an exciting decade for fans of the casino. For this deal, Betfred undertook a ￡1956 million....
Primarily operating in the online gaming sphere, GGV has over 100 employees and 50,000 associate brokers and clients across the globe with clients spread across Europe, the United States, Africa, and Asia. For example figures suggest that between 2010 and 2015 attendance for land-based casinos increased by 3.It’s been an exciting decade for fans of the casino....
46 billion in gross yield.The same set of figures show that not only does online gambling raise considerably more in revenue but that in period between April 2015 and March 2016 it generated a staggering ￡4.46 billion in gross yield....
But what effect is this having on the land-based casinos that, for so many decades, have been the key outlet for those who enjoy the thrill of gaming?Well from a purely numerical point of view there is evidence to suggest that this is a sector that’s also doing well and increasing its customer base.What’s more, much of this growth comes from two of the biggest casinos in London, the Hippodrome in Leicester Square and Aspers in Stratford, East London so even some of the smaller London casinos may well not be enjoying this boom.What’s more, it’s a trend that’s likely to continue as more and more people choose to play online from the comfort of their own homes instead of heading out to the casino....
This partnership is yet another move forward for the UK operator, who recently massively expanded its land-based presence by buying 322 betting shops from Ladbrokes and Coral which were a prerequisite in a merger approval for the two companies.From its earliest days it was easy to see that online gaming was set to grow because, as soon as it began to become popular, more and more big players started to move in to the sector.However there are also clear indications that this has not been a nationwide phenomenon but has been concentrated on London which not only has the highest density of population in the UK but is also by far the most popular tourist destination....
