Poker.co.uk

Poker Info
DATE: May 25 2012
TIME :

Poker.co.uk - Poker news archive

The Gambling Network

Poker.co.uk - Poker News Archive

Tuesday 23rd August 2005

Hurricane Dennis shatters Mississippi Casinos� profits

Casinos along the Mississippi Gulf Coast have reported their worst July in seven years in the wake of Hurricane Dennis.

While buildings and homes were left unscathed by the hurricane, casinos lost profits due to the mandatory evacuation imposed on what should have been a busy weekend.

Casinos closed on a Saturday afternoon and did not reopen until the Monday morning. Total revenue for the month on the coast was US$102.3 million compared to $113.7 million in July 2004.

There are no figures available at the time of writing to confirm a surge in online casino activity due to the losses felt by bricks and mortar casinos, although they remained unaffected by the events. The global iGaming market is projected to reach a value of US$9.8 billion by the end of this year, while industry analysts predict the online poker market, with 1.8m online players worldwide, will become the first online gambling product to overtake its land-based equivalent by the start of 2006.

Source: OnlineCasinoNews

View Similar Stories
Land-based Casinos Europa go iGaming
Prolific Gambler Clears His Name
Software allows users to play live poker on their cell phones
Taxi Advertising for Online Casinos
Two New Casinos for Rhode Island

Discuss this story in the Poker Forum. Last 5 Posts:
Friday 25^th May, 2012: WSOP Fantasy Draft 2012
Friday 25^th May, 2012: $1500 WSOP opening event.
Friday 25^th May, 2012: One way poker Swapsies
Friday 25^th May, 2012: WH Poker and WH Points
Friday 25^th May, 2012: New Bap - Night 2

Poker.co.uk is part of The Gambling Network | Terms and Conditions | Privacy Policy | Contact Us | Gamble Aware

Poker.co.uk is operated by InTouch Poker Ltd (hereinafter called the "Company"), a limited liability company with registration number C44236, registered in Malta (a member of the EU since May 2004). The Company’s registered address is at Vincenti Buildings, Suite 623, 14/19 Strait Street, Valletta VLT 1432, Malta. The Company operates the Poker.co.uk online poker room under a provisional license issued and regulated by the Lotteries and Gaming Authority ("LGA") of Malta (issued on 2 December 2008, number LGA/CL3/412/2007). The software used for operating the Poker.co.uk online poker room is licensed from Boss Media Malta Poker Limited. Our services are not available to residents of the United States, US Virgin Islands, US Minor Outlying Areas or Turkey or any other jurisdiction that legally prohibits its citizens from engaging in online gaming.