Casino Library 2014 Part 1
2014 was an interesting year for the online gambling industry with many twists and turns being added to its already turbulent history. Some of the biggest stories of the year were when NetEnt and Betfair Finalized its Partnership and we broke down Edge Sorting to form the complete guide. If you would like to have a full recap of the year’s events, have a scroll though the articles found below.
The Year’s Biggest Stories:
- Ultimate Gaming Exits New Jersey
Ultimate Gaming was the first online gambling company to re-enter the US market following the events of Black Friday that saw some of the industry’s biggest names be indicted. Ultimate Gaming was partnered with the Trump Taj Mahal but later announced, via a press release, that they were exiting New Jersey after terminating their agreement with the casino after claims that they were owed over $1.5 million by the casino.
- Are Online Gambling Operators to Blame for the New UK Licensing Regulations?
In the latter parts of 2014, the United Kingdom Gambling Commission announced new licensing regulations that were to target tax dodging offshore companies, preventing them from offering online gambling in the UK without paying tax. The new regulations forced all operators who wanted to offer gambling to UK citizens to have a UK license or face double taxations. Many believe that these harsh new regulations, which forced some of the biggest companies to exit the market, were the fault of the offshore companies who refused to pay taxes.
- Legendary MGM Grand Slot Machine, the Lions Share, Has Finally Paid Out
After 24 years on the MGM Grand’s casino floor, the Lions Share finally paid out its jackpot. The lucky couple that will go down in history were from New Hampshire and took home a cool $2.4 million. During its 24 years, the slot machine developed a cult following as well as a Twitter account that was used to great effect with members of the public tweeting when they were in line to play. After 24 years, the machine was finally retired and will go down in history as a true Las Vegas legend.
- New Casinos Rise From the Ashes of Atlantic City
Atlantic City’s problems were well documented during 2014 but it wasn’t bad news for all as casinos in the states surrounding New Jersey saw growth. Casinos in Maryland experienced some of the fastest growing revenue in the US. As well as fast revenue growth, the North-East also saw more casinos open than anywhere else in the US. 27 new casinos were opened in the Mid-Atlantic sites right up to New England allowing punters that would usually head for AC, somewhere new to play.
These are our best articles from 2014, take some time to read and learn!
You might also be interested in viewing other libraries:
- Casino Library 2009 - Part 1 - Part 2 - Part 3 - Part 4 - Part 5 - Part 6 - Part 7
- Casino Library 2010 - Part 1 - Part 2 - Part 3 - Part 4
- Casino Library 2011 - Part 1 - Part 2
- Casino Library 2012 - Part 1 - Part 2
- Casino Library 2013 - Part 1 - Part 2
- Casino Library 2014 - Part 2 - Part 3 - Part 4 - Part 5
- Casino Library 2015 - Part 1 - Part 2 - Part 3
- Casino Library 2016 - Part 1 - Part 2 - Part 3