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Dublin, Nov. 25, 2020 (GLOBE NEWSWIRE) -- The 'Analyzing the Global Casinos & Gambling Industry 2020' report has been added to ResearchAndMarkets.com's offering.
The global gambling industry has been severely affected by the COVID-19 pandemic. In the United States, the biggest gambling market globally, many states had to order temporary closure of the land casinos. Other countries also ordered the closure of the casinos to avoid the spread of the virus. The closure of the casinos and sportsbooks is going to have a massive impact on the industry. However, online gambling players like BetWinner have been offering their services and enjoying good fortunes even during this global health crisis. In fact, many online gambling sites have reported enjoying greater rates of engagement than ever before.
While online gambling always played an essential role in the global gambling industry, it is now expected that online gambling growth will be significantly greater than the land casino sector.
Gambling shares on the global stock markets have also witnessed a sharp decline. Due to this, several gambling companies like William Hill, VGC Holding, and The Stars Group have issued statements regarding the potential effect of the pandemic on their gambling/casino operations.
While the last decade has witnessed the shifting of the casinos and gaming center from Las Vegas and Atlantic City to Macau in China, there is no doubt that the gambling industry has taken a significant hit during the pandemic and it is likely to impact the performance of this industry in the coming decade.
Starting with an industry overview, the report analyzes the growth of the global casinos and gambling industry through an industry value analysis, a look at industry segmentation follows through categories and regions and a regulatory framework analysis. The impact of the COVID-19 pandemic on the global casinos and gambling industry is also looked at.
A Porter's Five Forces Strategy Analysis of the global casinos and gambling industry is included in the report. The Porter's analysis of the industry analyzes the industry through the bargaining power of buyers and suppliers, the competitive rivalry in the industry, threat of new entrants to the industry and the threat of substitutes to the industry.
An analysis of the major regions of the global casinos and gambling industry is carried out on the casinos and gambling industries in Asia Pacific, Europe, North America and South America. The markets in these regions are analyzed through industry statistics, industry growth analysis by value, industry segmentation and an industry forecast. Industry data is analyzed for the years 2014 to 2023.
Moving on to the analysis of the global online gambling industry, the industry is analyzed through an industry overview, industry growth analysis through value, industry revenue growth, industry segmentation, an analysis of the major products and services of the industry and an analysis of the major online gambling markets.
The major markets analyzed include Europe, France, United Kingdom and North America. The publisher also analyzes trends in the global online gambling industry, market share analysis, industry competition and a forecast for the industry till 2023.
A Porter's Five Forces Strategy Analysis of the Global Online Gambling Industry follows next. The analysis looks at the bargaining power of buyers and suppliers in the global online gambling industry, competitive rivalry in the industry and the threat of new entrants and substitutes to the industry.
An analysis of the factors impacting the global casinos and gambling industry looks at the impact of mergers and acquisitions on the industry, the impact of regulations, factors driving market demand, international trade and impact, industry costs, increasing globalization in the industry and the high barriers to industry entry.
A section is also dedicated to the growing market of online/mobile gambling versus traditional forms of gambling. A forecast of the global casinos and gambling industry till 2023 is included. The report also includes a coverage of the 10 biggest casinos in the world such as The Venetian Macao, the City of Dreams Casino, Casino Lisboa, and others.
Key Topics Covered:
A. Executive Summary
B. Industry Definition
C. Global Casinos & Gambling Industry
D. Global Casinos & Gambling Industry: Porter's Five Forces Strategy Analysis
E. Global Casinos & Gambling Industry: Analysis of Major Regions
F. Global Online Gambling Industry
G. Global Online Gambling Industry: Porter's Five Forces Strategy Analysis
H. Factors Impacting the Industry
I. Online/Mobile Gambling versus Traditional Gambling
J. Global Casinos & Gambling Industry: Analysis of Major Markets
K. Global Casinos & Gambling Industry: Future Perspective
L. Major Industry Players
M. Analysis of the 10 Biggest Casinos in the World
N. Glossary of Terms
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/lbmcic
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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Welcome to another one of my painfully honest, comprehensive casino site
reviews! I have been excited to write a review of Joe Fortune for a long time,
and finally, the chance came my way! This casino has always intrigued me because
I couldn’t quite determine who exactly this Joe Fortune was. Was he a celebrity
endorser that I had never heard of? Maybe the owner of the site? Regardless, I
had heard some good things about the site, and this made me eager to dig in and
give it a thorough review.
This review will cover everything from the games that are being used to the
VIP program designed to keep you a loyal player. Everything you need to know
from creating an account to cashing out your winnings will be on this page, and
all of it with the honesty and independence that you have come to know and love.
I don’t have any skin in this game, so all I want is to make sure you find the
best places to play, because at the end of the day, I am also a big fan of
playing casino games online!
Okay, are we ready to get started? Let’s get to it!
For a site that is limited to accepting players from only one country, I
would have thought the people behind Joe Fortune would throw everything they had
at this casino to make it stick. While the site is very close in many ways,
there are some seemingly simple errors that I think if addressed would make the
entire operation a larger success. As you will read in this detailed review,
that shouldn’t stop players from trying the site. I just think that for someone
who plays as much as I do, I would like to see a little more overall effort from
this brand.
Joe Fortune has four excellent software suppliers on board to provide games
for its players, but for some reason does not take full advantage of what each
provider is offering. If the company would expand its video poker selection and
add a live dealer product from one of its suppliers who I know have it, then
this would be a perfect mark. The recent launch of Live Dealer software goes a
long way to addressing these gaps, but I would still like to see some additional
video poker games in the lobby to help round out the entire offering.
An offshore site that is trying to get players from a country like Australia
may be limited in payment options, but not as limited as sites that accept
players from the United States. So, I am a bit confused by how few options there
are at Joe Fortune, except it starts to make sense if the company is really tied
to Bodog. Bodog is heavily invested in the Bitcoin space, and based on the
offers to players who use Bitcoin for deposits, it seems like Joe Fortune wants
you to use the cryptocurrency as well.
The VIP program is the only thing bailing out this rating. The welcome bonus,
while aggressive, is going to be very hard to earn with the high wagering
requirement. There are no signs of any ongoing promotions to keep players
active, even though I know companies like RTG and Microgaming have tournament
functionality at the minimum. I would like to see the company that is behind
Bodog88 be a little more proactive in trying to engage its players at this site.
If you can’t find a way to get a hold of the support team at Joe Fortune,
then it’s on you. The site gives you a telephone number, email address, all the
links to their social media, and a button on each page of the site that takes
you to the live chat window. Add in a pretty solid frequently asked questions
section, and I would say you are going to be very happy with the response time
from this casino.
I do like the clean lines of the Joe Fortune website, and the games lobby
makes it easy for players to find the games they want to play. There is nothing
fancy about the site – you can pick from the different game tabs in the lobby or
search for a game. Perhaps the casino could do with a few more ways to filter
the slot machines given how many are listed, but aside from that, there is
nothing really offensive about the UI at this site.
The games at Joe Fortune are all designed to be played in a browser, which
means you can at least access the site and your account from your phone or
tablet. For me, I cannot give a mark any higher than this to a site that doesn’t
offer a native app. Perhaps one day this will be the case, but it is unlikely,
as Joe Fortune operates in the grey area of Australian gaming law, so it is
unlikely that either Apple or Google will approve a real money app that isn’t
licensed by the Australian government.
I will admit that my curiosity about Joe Fortune himself got the better of
me, and the first good chunk of time I spent researching for this review was on
the man himself. I tried to find out any information I could on this mysterious
character, and at the end of the day, I was left empty-handed. This appears to
be a fictional host of the site, which is a bit of a bummer, but I suppose there
is nothing I can do about it.
Now, when I was doing all this frantic research, I did uncover who is behind
this casino, and perhaps this unlocked a little bit of the mystery behind its
ambassador. The site is owned and operated by Betting Partners, under the parent
company of Haydock Sports Limited. If either of those names is vaguely familiar
to you, let me try to connect the dots. Haydock is also listed as the owner of a
brand you may be a little more familiar with – Bodog88. Yes, this site has ties,
however remote these days, to the juggernaut created by Calvin Ayre. Could this
Joe Fortune character be an homage to the swashbuckling online casino owner?
Maybe…just maybe.
Okay, enough about the host and the owners. Here are some pieces of
information that are pertinent to you as a player. First, the site has a
license, but it is from Gaming Curacao, which means that it isn’t worth much to
players who have any issues with the casino that cannot be resolved internally.
Now, usually when a site is licensed by Curacao, it means that it is going to be
wide open to players from most countries, most importantly from the United
States. However, in the case of Joe Fortune, the exact opposite appears to be
true. This casino is only open to players who live in Australia. Yes, that is
correct – this is an Australian-exclusive site. For those of you who don’t live
in Australia and continue reading this review, you risk being very jealous of a
site you cannot access. I don’t blame you if you move on right here and find
another one of my reviews, but if you do continue on, you will at least get some
insight into software companies and welcome bonuses that may help you along the
way.
Joe Fortune is also a relatively new casino, having launched back in 2016.
While normally this would give me cause for concern, given who is behind the
brand, I am not going to dock any rating points from the site for their
longevity.
Now that you have a full rundown on the history of this casino and its
ownership (and the lack of an actual Joe Fortune), it is time to turn my
attention to the games and promotions.
With the online casino world crowded with operators, trying to set yourself
apart can be very difficult. When I started the review of Joe Fortune, now
knowing that it is only open to Australian players, I had a very different
viewpoint to come from. Australia has recently made some changes to their online
gambling laws, and that has cleaned out many operators from the landscape. This
means there are fewer competitors for Joe Fortune. Having an Australian-focused
theme to the site is meant to give residents a feeling that this site knows
exactly what they are looking for in a casino, but is there anything behind that
idea? I headed to the lobby to see what I would find.
For the Joe Fortune brand, the folks at Haydock Sports have landed on
multiple software providers. They include Rival Gaming, RealTime Gaming,
iSoftBet, and Microgaming. This is an excellent combination of providers, which
means you are going to find a wide array of different looks when it comes to the
content in the casino lobby. These days, it is important for a site to offer as
many games as possible, and the non-download games that dominate the landscape
make it much easier for different vendors to be integrated into one back-end
management platform.
Given the fact that the site is offering games from four different partners,
I would have thought I’d find a lobby chock full of titles. That isn’t what I
found, though, and as you will see in the games breakdown below, there are some
easy fixes that the company can make that will ensure that the happiness of a
player like myself will be increased. Now, there are still hundreds of titles in
the lobby, so don’t get scared off by my last statement. All I mean is that
sites should take full advantage of the fact that their software partners have
all these great games to choose from.
The slots catalog is where I started my games review, and although I wouldn’t
say that I am the biggest fan of playing slots, the innovations in the game
these days are making it far more compelling an option.
For me, the first thing I look for is the huge progressive jackpots.
Companies like Microgaming can leverage the fact that it has licensees all over
the world, which means that players can be adding to these jackpots 24 hours a
day. My favorite of these by far is the Mega Moolah slot, which has paid out an
eight-figure jackpot on several occasions in the past.
Sadly for me, it wasn’t going to give me that pleasure during my playing at
Joe Fortune, but that doesn’t mean you shouldn’t make it one of your first stops
on your journey at Joe Fortune. There are literally hundreds of amazing slots
titles at this casino, featuring everything from the best in co-branded content
all the way to the most classic fruit machines. Here are some highlights of what
I found in the lobby:
Remember earlier when I mentioned that there were a couple of things that
this site could do easily to improve its rating in the game variety category?
Well, here is the biggest blunder of all, in my opinion. I know exactly how many
versions of video poker each of the suppliers for this casino offer, so I also
know how many are missing from the lobby. Now, I understand that video poker is
a game typically played by a more seasoned gambler, but I am one of those who
believes that if they are exposed to all the great variants, new players can
become long-term fans of chasing the Royal Flush jackpots. Oh well, at least
there are some multi-hand versions of the games that are offered for degenerates
like me to take advantage of – have a look at the titles you will find in the
lobby:
Okay, at least the site has figured out to load up on table games for us
non-slots players! I like what I see here, especially when I see that blackjack
has its own tab in the casino, and clicking on it reveals at least 10 different
tables for me to choose from! While many of you are used to the classic version
of the game, I encourage you to try games like Perfect Pairs or Zappit for some
added intrigue to the traditional game of 21.
There are a ton of other great table games to choose from in the lobby, and I
am thrilled that the site has Pai Gow Poker, as that is a game I tend to spend
hours playing in a session. Here are the games you can find at Joe Fortune:
Joe Fortune has recently launched Live Dealer games on its platform, and I
for one couldn’t be happier for the players at this casino. Live Casino
games have swept through the industry in recent years, with multiple providers
starting to deliver games live-streamed onto your devices and computers.
The human element of having a dealer playing the games with you really changes
the dynamic of online casinos. The interaction and the speed of the game
are much more like being in a land-based environment.
Here are the Live Dealer games that Joe Fortune has chosen to launch with:
Given that this casino is only open to folks from Australia, I am surprised
that there aren’t more payment options available to the players. This is likely
a decision that leads back to the Bodog team, as it has long been pushing
Bitcoin as a payment method that is preferred. In fact, as you will see in the
promotions area of this review, Joe Fortune is trying hard to entice you to use
the cryptocurrency for all your deposits and withdrawals. Don’t worry; there are
some traditional methods of getting your money to and from the site, but maybe
this is the time for you to dip your toes in the Bitcoin pool.
Okay, now that you have seen how to get your money to the site and how many
games are at your disposal in the lobby, it is time to look at the promotions to
see how Joe Fortune tries to make it worth your while to be a real money player.
I am going to look at a couple of promotions in detail, but I will say that the
first thing that struck me is the lack of compelling ongoing offers. Maybe these
are reserved for email marketing, but to me, if there aren’t ongoing reasons for
me to play, I may just start looking for other sites. Okay, back to the
promotions I did find.
The welcome bonus at Joe Fortune is straightforward, offering you up to
$5,000 in welcome bonuses over your first 9 deposits. This may be a few too many
deposits to be considered a true welcome offer, but I appreciate that the site
extends it out this far, especially when you consider how few ongoing promotions
there are for players after this welcome offer. The bonuses break down as
follows:
One thing you will want to consider when trying to decide how much to deposit
is how much of the bonus you are going to be able to convert to real money. I
did some research on the terms and conditions of this offer and found that the
site expects you to wager 40x the sum of the deposit and bonus to clear it. This
means that to earn the full bonus from the initial deposit, you would have to be
wagering at least 40x $1,500 – I am not sure how many of you have the stomach
for that level of wagering.
A good VIP and loyalty program can go a long way to keeping players active
and loyal for a long time. There are several keys to a great program, not the
least of which is giving players the details of the program, so they have
something to aspire to when they are playing. Too many sites these days hide the
details of their VIP programs, making it seem like they don’t even want you to
be a VIP player at the site.
At Joe Fortune, I would place the VIP program right in the middle of the
sites I have reviewed. I had hoped it was going to be far more aspirational in
nature, like the old Bodog programs back in the day. Unfortunately, it does not
appear to be the case at his casino. The program is closely tied to the
redemption of loyalty points to cash and the amount of cashback you get on your
losses. Both of these are excellent perks for players and make it very easy to
track your overall profitability on the site. However, the value of something
more tangible is typically much higher than the actual retail value, so it would
be good for Joe Fortune to add even the smallest items to the program in order
to improve the overall perceived value in the players’ eyes.
Here is a table that shows the different levels of the program and what
rewards players can expect when they achieve the points necessary to move up to
each level:
Volume | Adventure Points Required | Redemption Rate | Cash Back on Losses % |
---|---|---|---|
Escape from Maneater Isle | 0 | 2500 = $1.25 AUD | 5% |
Joe and the Mystery Slot | 2,500 | 2,250 = $1.25 AUD | 6% |
Joe in the Tale of the Cloud Casino | 10,000 | 2,000 = $1.25 AUD | 7% |
Joe VS the Demon Dealer | 60,000 | 1,750 = $1.25 AUD | 9% |
Joe and the Zombie Showgirl | 150,000 | 1500 = $1.25 AUD | 10% |
Joe and the Devil’s Game | 500,000 | 1,250 = $1.25 AUD | 11% |
Adventure on Fortune Trail | 1,000,000 | 1000 = $1.25 AUD | 12% |
Joe and the Magic Bankroll | 2,500,000 | 1000 = $1.25 AUD | 15% |
Here is some good news for our readers who like to play their casino games on
their phones or tablets. Because the games at Joe Fortune come from multiple
providers, they are built to be played in a browser instead of having to
download anything to your PC. This means that the site is also compatible with
the majority of mobile browsers. At this point, there is no native app available
for this casino, but the games played via a device’s browser are basically the
same quality, with the only lag coming from a slow internet connection or an
older-model phone.
Customer support in the online world is always daunting, as it seems like a
black hole where emails go to die. When it comes to online casino customer
service, I tend to reserve my best ratings for sites that give me the most
options to reach a support team and a company that does not shy away from taking
care of their clients in public forums.
At Joe Fortune, there is an entire page of the website dedicated to the
social media arm of the company, where the site invites you to communicate with
them via Twitter, Facebook, and Instagram. This is the most aggressive I have
seen a casino be with their social media, and I love what I see. You can also
reach support right from the site via live chat or email, and if you really need
to hear the sound of someone’s voice, you can pick up the phone and give them a
call. Overall, this is an excellent display of wanting to stay in touch with
players, and I applaud Joe Fortune for the work they have done here.
After getting over the fact that there is no actual person named Joe Fortune
and focusing on the site itself, I have to say that overall I am very happy with
what I found. Of course, the big drawback is that the site is only open to
residents of Australia, but what can you do? The site has an excellent pedigree,
and aside from some tweaks to the game offering, the thing I was most upset
about was the lack of ongoing promotions. Overall, Haydock Sports has done an
excellent job with this brand.
This one is pretty easy. If you live in Australia, you should definitely
check out this site. Don’t expect much in the way of bonuses, but focus on the
VIP program and getting your cashback and converting your points, and you should
still see some positive value above and beyond anything you win.