Pokerstars is leading the pack on many fronts but from my personal research I can assure you that they are not leading in financial incentives or just plain price to play. If we review statistics of Pokerscout it is immediately obvious that Pokerstars is the leading network to play online poker. It turns out we can easily falsify Adelson's claim. Newer players are marketed to in other ways as they are not as price sensitive.

At least the main way for gaming sites to attract sophisticated gamblers by offering more deals on better terms. In the current landscape of online gambling this trend can clearly be observed. This is the most important issue to discuss when you are actively investing in the gaming space.

casinos could make money from their branded offerings online, but that non-branded web sites would quickly saturate the market with financial incentives that casino-branded offerings would inevitably need to match to stay competitive, eating away at their profit margins. In the short-term, Adelson predicts that U.S. It's not fun if it's your job but it's great for consumers whose money goes a longer way. I think there is a good chance online gambling will fuel demand for real-life gambling but if not, the general economy will prosper because technology solves inefficiency. Many inefficient industries float hundreds of thousands of jobs. casino industry in the long run and will destroy hundreds of thousands of jobs. I'm quoting Sheldon Adelson from the recent Forbes article and will address the concerns he raises with respect to online gambling.Īdelson also thinks that online gambling is 'suicidal' for the U.S. I won't go into the moral debate but will examine his standpoint from a business strategic / investor perspective. ( NYSE: LVS) told Forbes on that he is determined to stop online gambling in America. Sheldon Adelson, billionaire and chief executive of casino company Las Vegas Sands Corp.

Las vegas sands online gambling