|
 |
The first independent gambling guide to the best online
casinos!
Bookkeepers Survive Thanks to
Online Casinos
It has been a disappointing
first-half year for the bookkeeping industry, when it comes to the
street betting business. Luckily for them the other part of their
industry, online casinos, has been thriving.
A famous UK company, who has off line bookkeeping as well as an online
gaming site, felt the difference this year. The online casinos business
of this year went really well, while the street betting had a great set
back. Especially the horse-racing business had a rather big set back
this year, going down in revenues from £12.79 million in the first six
months of 2004 to £12.59 million in the first half of this year. This
drop in profit was regardless of the 27% jump the company made in total,
mostly thanks to the online casinos profits, that went up from £397
million to an amount over £480 million.
The online casinos profits of the company this first half year accounted
for almost £120 million of all revenues, showing a 62% growth.
The company reports that their online casinos games have more then
74,000 visitors, two third of these gamers being located in the UK. Next
to its online casinos business it also has a branch of telephone
betting.
The rush forward in the need for online casinos is opposite to the
situation last year, when the other side of the bookkeeping business was
more successful then the side of the online casinos.
Even though betting via bookmakers in shops is still popular all over
the world, online casinos are getting more and more fashionable. This
doesn't stop this company from expanding in 2006 in both directions, not
giving up hope for the off line gaming business as well. The company's
CEO John O' Reilly states that online casinos may be hot and trendy
right now, but this doesn't mean off line gambling is out. He claims
that it was just a bad year for the street betting business, which means
a good year for the customers, and that this was not completely
connected to the growing online casinos business.
The company will open up even more betting shops in the next year,
showing by this it has confident in the off line gaming business.
The online casinos side of the company started to expand already. It
opened up a branch of online poker, known as a very safe product of
online casinos, where customers can play each other instead of the
company. This branch has already been very successful over this summer.
The Chief Financial Officer of the company, Ross Ivers, puts emphasis on
the fact that the company is doing very well, growing strongly not only
physically when it comes to betting shops, but also financially,
pointing out the results of this and last year.
The trend might be that online casinos are outgrowing the success of
their big brother, the off line betting business, there is still believe
that the two can live fruitfully side by side.
|
 |
|
