The merger between BWIN and PartyGaming which has resulted in the world’s largest online gambling firm has caused a ripple across the rest of the gambling industry. Online gambling firm 888 has now acknowledged it has been contacted by competitors looking to put together a similar plan.
“This puts us in a position in which we are one of the best assets in the field — we got a few phone calls immediately from various people. Everybody in the industry is looking and saying ‘who is the best one to merge with if we need to? Party and bwin took almost a year to close the deal so we don’t see anything happening imminently but there’s definitely expressions of interest.”
Everyone is trying to get themselves in a position to take full advantage of the European markets currently opening up as new laws are passed to regulate online gambling. All eyes are on the U.S. of course as at least a step has been taken when the new Barney Frank bill passed the mark up vote last week.
Just like PartyGaming and BWIN, 888 has said it is the poker that is continuing to be hit the hardest as sites that still accept US players are taking more of the market share in this area. Some analysis feel that the merging of overseas companies will be the only way that they will be able to compete again in a regulated U.S. online gambling market.
One of the best providers of iGaming products, Habanero, has signed a distribution deal with United Stated based operator Rush Street Interactive (RSI). This partnership will enable the developer to breach the new market for the very first time.
It's been a long time since we have seen a widespread adoption of an atypical format for online slots. The fact of the matter is that the five-reel, three-row video slot with vertical reel gameplay is the most popular type of game out there today, and it's unlikely that anything will change that anytime soon. The Spin16 format is the closest thing we've had to an alternative for the video slot format in quite a while, and these games are being added at four key brands.
The online gambling industry is interesting in that it's regulated in completely different ways in virtually every country on the planet. Ukraine has recently been working on legislation that would see them open up and regulate the industry as well, and the first indication is that the licensing fees and costs for doing business will be rather high. This is typically a bad thing for a jurisdiction for a variety of reasons.
A Ukraine National Gambling Regulator