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Good news and bad for our online casino operators

By admin on 2013-11-30 09:59:49

As regular readers will know, here at onlinecasino.ie we attempt to keep our Irish casino games enthusiasts up to date with all the Irish online casino news. This month there is actually very little to report on the two Irish based online casino operators, Paddy Power and the All Irish casino, so we will turn our attention to some of the other online casinos readily accessed by Irish casino games players. The performance of Ladbrokes for instance seems nowadays to be a constant source of speculation in the financial press, this time over whether they can actually achieve the already downgraded profit forecasts for this financial year. For once this does not relate to their ongoing problems with their online services, but apparently recent sporting results have not been kind and may lead to a further reduction in profits. William Hill their great rivals also saw a fall in its share price on the back of these concerns. On a more positive note, The American state of New Jersey finally announced that online casino gaming would become legal in the state. This is the first breakthrough in what online casino operators hope will be a nationwide relaxing of online gaming regulations in America, and is thought likely to benefit some of our online casino operators on this side of the Atlantic, particularly we are told Bwin party, Betfair and 888 Holdings all of whom have been preparing for this eventuality for some time. In fact this week the shares in Betfair have apparently been the subject of attention from financial spread betters ahead of their interim results due out on Tuesday, with results expected to be good following further cost cutting.