It is currently difficult to find good online casino news

Over recent weeks our online casino news reports here at onlinecasino,ie have tended to be somewhat downbeat in terms of the prospects for many of our leading online casino operators. Unfortunately this month appears to be no exception. A couple of weeks ago William Hill announced a 15% fall in first half pre-tax profits, down from £144 million to £122 million, with new chief executive James Henderson clearly worried that recent government measures aimed at the fixed odds casino games terminals installed in their high street betting shops, plus new gambling taxes would further damage the company’s prospects. In that of course he is not alone, with similar concerns also being expressed by Richard Glynn chief executive of Ladbrokes. Richard Glynn is of course already under considerable pressure from shareholders as he tries to steer Ladbrokes out of the problems they have faced coming to terms with the age of online casinos and online gambling in general, so the recent announcement of the award of £1 million worth of shares came as something of a surprise. Even though it is conditional on performance over three years to the end of 2016, it did not go down particularly well. Meanwhile our own Irish based online casino operator Paddy Power also hit the headlines recently when they announced that they were contacting almost 650,000 of their customers following the discovery a data breach dating back to 2010. The scale of the problem was apparently discovered with help from Canadian police, although fortunately it appears that it did not affect any financial information or customer passwords. All in all the last couple of months has not been good for these major online casino operators.