..

Forget Italy Cash Games: Online Casinos Generating $2.2 Billion Per Year

Written by:
Aaron Goldstein
Published on:
Aug/15/2011
Online Casinos Italy

With Italy now the biggest online poker market in Europe thanks to 24 hour a day cash games, its online casino sector seems to be getting ignored.

Blackjack Bonus
888.it casino online

Poker.it reported this week that online casino play alone exceeds $6 million euros per day for a total of $2.2 billion per year.  There has also been a dramatic increase noted in conjunction with the new laws allowing poker cash games. 

Sites like 888.com allow for single accounts to be utilized across a wide platform making it easier for one to switch from online casino play to poker to sports. 

The rise in online casino traffic in Italy is expected to be even greater with the introduction of slots this fall. 

Italy recently ranked among the top 10 gambling nations in terms of overall adult loss per household (number 6 with the average loss per adult $517).

From CNBC:

Italians’ favorite gambling activity is to play electronic gaming machines such as slots. According to a 2010 study conducted by strategy and business advisory firm MAG Consulenti Associati, electronic gaming machines generated nearly half of Italy’s total gaming revenues in the first half of 2010. During just that six-month period, gaming revenues totaled $22 billion in the country.

Italy is also credited with inventing the popular game Baccarat, and for opening the world's first government-sanctioned casino in Europe back in 1638, called "The Ridotto" in Venice.

The Venetian government finally shut the casino’s doors in 1774 in an effort to preserve the city’s “piety, sound discipline and moderate behavior”.

- Aaron Goldstein, Gambling911.com

Gambling News

Without Adelson, Las Vegas Sands Posts $299 Million Loss

Without Adelson, Las Vegas Sands Posts $299 Million Loss

Las Vegas Sands Corp. posted a fourth-quarter loss of $299 million, after reporting a profit in the same period a year earlier, as the casino and resort operator saw its business dry up due to the coronavirus pandemic.

What Are The Best Pay Per Heads to Use for the Super Bowl?

What Are The Best Pay Per Heads to Use for the Super Bowl?

Gambling911.com has long been the undisputed leader when it comes to covering the world of Pay Per Head firms in the sports gambling sector.  Only the best of these companies work with Gambling911 and each offers a unique benefit ahead of the upcoming Super Bowl. If you are unsatisfied with your current provider, each of these companies promises that it typically takes under an hour to switch one's entire player base over to their own platform.

Where Can I Bet the Super Bowl Online From Minnesota?

Where Can I Bet the Super Bowl Online From Minnesota?

BetUS (established in 1994) is one of a handful of sports betting sites accessible to those living in the great state of Minnesota to place bets on this year's Super Bowl.  

Where Can I Bet The Super Bowl Online From Michigan?

Where Can I Bet The Super Bowl Online From Michigan?

State-licensed Michigan online sportsbooks are now live just in time for taking bets on this year's Super Bowl, but remember that the apps trace all your activity and will be reported to the IRS once you meet a specified threshold.

Connecticut Lawmakers Considering Sports Wagering Once Again

Connecticut Lawmakers Considering Sports Wagering Once Again

Lawmakers were urged Tuesday to finally legalize sports betting and internet gambling after years of debate. 

Syndicate