Casino news dominated by economics.

Recent casino news has more to do with economics than actually playing casino games. Irish bookmaker and online casino operator Paddy Power  has for example been keeping a very sharp eye on last week’s announcements in the UK about the spending cuts and whilst you might think quite correctly that this has no direct bearing on what happens in Ireland, Paddy Power is taking bets on whether the country will go into a double dip recession or what the annual growth might be. In other casino news last week we had the flotation of betting exchange company Betfair in which the two founders off loaded a number of their shares. Betfair is of course purely an online operator and does not run an online casino and we have articles to suggest caution about thinking you are betting against another individual punter as the adverts suggest but the shares did well following the flotation suggesting that online gambling is still strong even in these difficult times. That is of course good news for all online casino operators including the Irish ones such as Paddy Power as they can have half of their income generated by online operations..