Gambling Industry Pessimism & Optimism - APCW Perspectives for 10 August, 2018

[APCW]

It's been a week of extremes, with imminent changes in the UK
seeming to hurt a large bookmaker. However, the changes
in America look to provide new opportunities.

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Links to News Stories:

William Hill Losses: https://www.racingpost.com/news/will...ackdown/341272
Will Hill Possible Closures: https://www.theguardian.com/business...fobt-clampdown
Paddy Power Appears Unfazed: https://www.bbc.co.uk/news/business-45110532
Betfred Legal Claim: http://www.igamingbusiness.com/news/...-tax-victory-0
US Opportunities: https://www.sbcnews.co.uk/northameri...aspa-path-usa/
Will Hill Coming to America: https://www.bloomberg.com/news/featu...ports-gambling
DraftKings Goals: http://www.igamingbusiness.com/news/...-mobile-launch
AGA Code of Conduct: https://www.reviewjournal.com/busine...nsible-gaming/

[Cash Bonus]

Let's hope that our gambling industry will really start to improve in so many ways and pulls itself together as 2019 isn't all that far away now and we are struggling overall. Very thorough and terrific video, J.Todd. Keep up the great work mate! You're doing us a really good favour with your weekly videos

[Roulette Zeitung]

"Gambling Industry Pessimism"

A fish rots from the head down. When you can't trust almost nobody and no place, because at the end it's all corrupt, then after some time, and it's now about time, you can see this corrupt philosophy as a clear thread running through everything this industry does.

"Gambling Industry [...] Optimism"

This optimism is based on the erroneous believe, that new grass will cover the old graves, the skeletons in the closet. Unfortunately, since some years the soil is eroded, also the intellect of the many. This industry more and more mutates into a hype - like the MLM - and is far away from a serious business at this time. The corruption level is more worst than in the MLM, and the inability to self-reflection and admission of faults is at the brink of self-apotheosis.

I am now observing this industry since 21 years, and its now at the all-time-low.
Believe me that.
The main reason is, that almost everyone in major positions was and is silent to the corruption and the crimes.
Now it's too late.
To name and shame programs or companies now, one has no financial benefit from and so can do that, is simply too late.

This industry started with the Cyberthrill Casino, a scam, and now 21 years later, has anything changed with respect to the quintessence?

As an observer, I have to say: "No, in the substance it's the same."

Leopold