Feeds

Women warm to online betting

Females who like a flutter

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Online gambling in the UK has grown 566 per cent since 2003 and the fast growth is mainly due to a big increase in the number of women betting online. In the early 90s, women represented just four per cent of gamblers but now 20 per cent of British women visit an online casino or betting site more than once a year.

The survey was carried out by 888.com - an online casino owned by Cassava Enterprises. Gibraltar-based Cassava and PartyPoker are both considering floating on the London Stock Exchange. PartyPoker has appointed Dresdner Kleinwort Wasserstein and Investec to look at its options.

Online casinos are seen as a big money opportunity although there are concerns they might suffer from changes to the tax regime in Europe. The US authorities consider cross-border gambling illegal but the WTO recently ruled in favour of such sites.

Earlier this month the Isle of Man changed tax rules to encourage more gambling websites to set up on the island. Gibraltar, with its equally friendly tax regime, has also seen a boom in online bookies and casinos.

Online poker is one of the biggest money pots on the web - sites bring $2m to $2.5m a day. In the course of a year more than $16bn is bet on internet poker games. New technology has helped push Britain up the gambling tables - the UK is now the fourth largest gambling nation in the world.

More detail available from AFP here. ®

Related stories

Casino rents eBay cleavage for £422
Yahoo! bets on Betfair
UK betting exchanges face taxing future

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.