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PricewaterhouseCoopers 2015 Outlook Missed Macau Meltdown and DFS Emergence

By |2월 26th, 2020|

PricewaterhouseCoopers 2015 Outlook Missed Macau Meltdown and DFS Emergence

One of the ‘Big Four’ audit companies, the accuracy of PwC’s five-year Global Gaming Outlook published in 2011 is slowly coming to light.

PricewaterhouseCoopers’ (PwC) Global Gaming Outlook, published in 2011 forecasting the half-decade leading for this, hit the nail on the head regarding much of the gambling industry’s economics, however the firm missed the mark on two issues that are key.

PwC got a lot right in its five-year perspective on gambling, but failed on exactly what has emerged while the two most predominant problems in worldwide gambling news: Macau’s economic issues and day-to-day fantasy sports (DFS).

To its credit, PwC rightly foresaw online gambling in america, saying states would legalize online casinos individually before Congress would intervene.

That was a bold projection in 2011, taking into consideration the Department of Justice and FBI had just lately seized the assets of PokerStars and Full Tilt Poker, but nevertheless a prediction that arrived true.

PwC also correctly hypothesized Internet gaming will be utilized to complement casinos that are land-based a prophecy that came to pass as Nevada, New Jersey, and Delaware all require online operators to work in tandem with brick-and-mortar casinos or race songs.

The audit and assurance, tax advisory, consulting, legal, and actuarial firm disclosed that the international Gaming report wasn’t meant to offer appropriate or invest […]