Coastal Integrated Services, Inc. (COLV) Enters Online Casino Market following Acquisition of Olympian Group
Since the first internet casino was launched in 1996, the online gambling industry has been among the fastest growing industries in the world. In February 2015, the University of Nevada, Las Vegas Center for Gaming Research reported that total online gaming revenue in the United States was just under $11.7 million, despite the fact that just three states – Nevada, Delaware and New Jersey – have legalized any form of online gaming. While this report demonstrates the considerable demand for online gaming, the market’s true potential is more difficult to illustrate. In part, this is because of the sheer lack…