Were the Olympics good or bad online casino news

Now that the Olympics are over, there appears to be some debate as to the effect that they have had on our gambling activities. Apparently the number of people placing bets on the London Olympics sports was more than double the number during the Beijing games, but this appears to have had a knock-on effect on many other normally big gambling sports events such as horse racing and golf. We have yet to see whether there has been a similar effect on the online casino operator’s revenue, but it may be fair to assume that as most of us will have a fixed budget for our leisure activities, we may well have spent less on playing casino games online during the Olympics and that the next online casino news reports will include a fall in revenues during the period of the games. What is probably concerning the major online casino operators more, particularly those with important European ventures, is the flurry of regulatory changes currently being introduced or discussed across Europe. Cyprus have already brought in measures which have angered Betfair sufficiently for them to consider a legal challenge, and Germany apparently also want to introduce a 5% tax which could seriously effect the viability of some gambling operations in that country. With Spain and Italy also considering further legislation regarding online casino and sports gambling, there could be significant problems for many of the major online gaming companies in the near future. On the plus side, more and more of us are playing our casino games on what the casino operators call mobile platforms, and sports gambling is apparently also moving in that direction. Most gambling companies with good online facilities will very much welcome that trend.