Hello again Onlinegames,
I did additional research and found relevant information for you.
An article, Online Gambling Sites Expect Big Payoffs, published in
USA Today in February, 2005, says:
?More than 2,000 gambling Web sites this year will rake in nearly $10
billion in revenue, most from U.S. consumers. That's up 40% from
2004.?
?Poker revenue is expected to double to more than $2 billion and
attract 1 million players a month. Americans play at 266 Web sites, up
from 53 in June 2003, says gaming site CasinoCity.com.?
PartyPoker.com, which is expected to haul in $1 billion in revenue this year
Offshore Gambling Association
http://www.osga.com/artman/publish/article_2497.shtml
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?Paradise Poker was purchased by Sportingbet, a publicly traded online
sportsbook, in October of 2004 for $297.5 million. Currently, other
online poker firms are considering becoming publicly traded firms.
Party Poker, Empire Poker, and Pacific Poker are all potential
candidates for a public offering.?
Other players are Poker Stars, Party Poker, Full Tilt Poker and Noble Poker.
Poker Tips
http://www.pokertips.org/history/online-poker.php
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?The purchase of Paradise Poker (one of the four largest poker
companies) for $297m by Sporting Bet in October 2004 has set a
mind-blowing precedence. Since last July, Paradise has continued to
experience substantial growth in rake and tournament fee income. In
recent months, Paradise's aggregate monthly rake and tournament fee
revenue has risen to over $7m and it is reported to have over 721,000
registered customers and over 97,000 active players.?
(?)
?Online poker is just starting to take hold in continental Europe.
Currently, British players make up about 80 per cent of the European
market and it?s interesting to note that between 30-40 per cent are
female players, compared with only five per cent of women players in
the offline world. Therefore, apart from other markets such as the Far
East, the rest of Europe is only now beginning to open up.?
Punters warm to online poker: 12th January 2005
http://www.theregister.co.uk/2005/01/12/online_poker/
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Party Poker (PartyGaming)
------------------------
?Party Poker became a publicly traded company on the London Stock
Exchange in June, 2005. Party Poker?s £1.14 billion stock-market
flotation was the biggest IPO in the UK for more than five years. Its
shares rose 11% on the first day of trading.?
(?)
?Party Poker accounts for more than half of the worldwide poker.? market.
(?)
?Party Poker reported $600 million in revenue and $350 million in profit in 2004.?
---------------------------
Paradise Poker (Sportingbet)
---------------------------
?ParadisePoker.com is operated by Sportingbet, a British company
traded on the London Stock Exchange and listed on the U.S. pink
sheets.
Sportingbet?s share prices nearly triple after it acquired Paradise
Poker. Online poker accounts for 40% of Sportingbet?s profits and most
of its earnings growth in 2004. Sportingbet is currently valued at
£870 million ($1.6 billion)?
----------------------------
Empire Poker (Empire Online)
----------------------------
?Empire Online is a marketing group which directs new players to
online poker and casino websites, principally Party Poker and
Casino-On-Net (888.com), two of the largest gambling networks in the
industry. Empire Online earns an ongoing commission for every player
it refers.?
(?)
?In 2004, online poker-related income represented 67% of Empire?s
revenue. In 2005, the number increased to 77%.?
Online Poker Center
http://www.onlinepokercenter.com/articles/online_poker/investing_in_online_poker_stocks.php
==========================================
Sportingbet Confirms Offer Approach for Online Poker and Casino
Promoter Empire Online
?Following Friday's announcement by online poker and casino promoter
Empire Online that the company was entertaining a £790 million (~ $1.5
billion) offer approach.?
(?)
?Sportingbet confirmed the offer approach, but also stated that the
current talks with Empire ?may or may not lead to an offer.?
?Empire Online is estimated to be worth approximately £773 million (~
$1.4 billion), and has earned a value of this caliber by driving
traffic and offering marketing services to online gaming sites.
Although Empire Online helps promote both online poker and casino
sites, the bulk of its revenue is derived from online poker. In
addition, the proportion of revenues earned through promoting poker
online can be expected to grow, as poker continues to become
increasingly dominant in the online gaming market.?
Source: Poker777 Staff
Monday, 5 September 2005
http://www.poker777.com/20050905/sportingbet-confirms-offer-approach-for-online-poker-and-casino-promoter-empire-online_0f4c_odihjr.php
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As a result of the Sportingbet Plc acquisition of Paradise Poker, some
Paradise Poker revenue details were revealed.
?Since 31 July 2004, Paradise has continued to experience substantial
growth in rake and tournament fee income. In August and September
2004, Paradise's
aggregate monthly rake and tournament fee income was US$6.6 million and US$7.0
million respectively.?
Read more here:Poker Pulse
http://www.pokerpulse.com/pp/about.htm
==========================================
Here?s a directory of all current online poker rooms
http://www.pokerpulse.com/action/rooms.htm
==========================================
I am reposting the general revenue information below for your convenience.
Online gambling forecast
Web based gambling revenue will double in the next five years. The
online gambling market is expected to hit $24 billion by 2010.
Year Revenue
2004: 8 billion
2005: 12 billion
2010: 24 billion
MIT Technology Insider: August 2005
http://www.technologyreview.com/articles/05/08/images/datamine_4.gif
http://www.technologyreview.com/articles/05/08/issue/datamine.asp
==========================================
Research and Markets is the provider of the two reports I mentioned.
http://www.researchandmarkets.com/info/about.asp
Here are the direct links to each market research report.
Online Poker ? Driving Gambling To New Heights
EUR? 313.00 is around $US380
http://www.researchandmarkets.com/reports/297197/
Table of Contents
http://www.researchandmarkets.com/reportinfo.asp?report_id=297197&t=t&cat_id=7
Online Gambling Market Research Handbook
EUR? 401.00 is around US$485
http://www.researchandmarkets.com/reportinfo.asp?report_id=10768
Table of Contents
http://www.researchandmarkets.com/reportinfo.asp?report_id=10768&t=t&cat_id=5
Search terms:
Online gambling revenue billion +poker
I hope the information provided is helpful!
Best regards,
Bobbie7 |