Experts Say Recent Shockwaves Will Have a Medium-Term Impact on the Industry

15 August 2006

LONDON/MUNICH -- (PRESS RELEASE) -- The consulting firm MECN presents the results of their newest survey "Future of Online Gambling after the Shockwaves." Nearly 100 industry experts offer their unique insights and assessments regarding the critical issues the online gambling industry currently faces.

The recent weeks were the toughest ever for the private online gambling industry: the Goodlatte/Leach Bill (online gambling prohibition bill) passed the US House of Representatives; the CEO of online sportsbook BetonSports was arrested by the FBI; the high courts in Germany limited the validity of private betting licenses,… and these are just a few of the recent shockwaves to hit the gambling industry. It is particularly the rapid succession of these events in just a few short weeks that shocked the industry.

These events have led to a high demand for more detailed information about how the online gambling industry sees the current critical issues and what potential strategic approaches could look like. The ca. 100 respondents to MECN's survey, most of them working for an online gambling company and including many industry leaders, offer their unique insights and assessments regarding issues such as:

- Impact on the online gambling industry - 98% of online gambling experts believe that the recent shockwaves will have a medium-term impact on the industry.

- Problem of entire online gambling industry - Only 12% of the industry insiders surveyed believe that the arrest of the CEO of BetonSports is solely a problem of BetonSports. The majority believes that this arrest will end in problems for the entire online gambling industry.

- No overreaction of the stock market - Only 35% of the insiders believe that the stock market overreacted.

- Planned online gambling IPOs will be cancelled or postponed - The majority of the experts (77%) believe that the most likely immediate effect of the current threat will be that planned online gambling IPOs will be cancelled or postponed.

The full survey results can be obtained at http://www.future-online-gambling.mecn.net

About MECN:

MECN is a network of experts on issues concerning the media and entertainment industry. Together they provide in-depth knowledge, analysis, and advice to global clients.


Related Links
MECN GmbH Gaming Vendor Information

Featured Vendors
Imagine This
Casino Schedule Ease
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
Casino City Press
Rymax Marketing Services, Inc.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Kallop
TribalHub
Kallop
Reward every play like a VIP with exclusive luxury brands at affordable prices.
TribalHub
23rd Annual TribalNet Conference Sept 12-15, 2022 Grand Sierra Resort & Casino in Reno, NV
TOP ONE TECH LIMITED
Sunkist Graphics, Inc.
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
TDN Money Systems
Talisman Group Creators of EZ Baccarat
TDN Money Systems
Cage, cash/chip handling experts representing CountR, ARCA, AccuCASH, Fujitsu & NCR
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
AmericanChecked
Oklahoma Indian Gaming Association (OIGA) Conference
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 9-11, 2022 in Tulsa!
Plastic Card ID
Slot Machines Unlimited
Plastic Card ID
The World’s Lowest Prices on Printed Plastic Cards and Card Printers!
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Betson Imperial Parts & Service
Casino Network
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands


Your Guide to 15,506 Gaming Industry Suppliers