PricewaterhouseCoopers 2015 Outlook Missed Macau Meltdown and DFS Emergence

PricewaterhouseCoopers 2015 Outlook Missed Macau Meltdown and DFS Emergence

One of the ‘Big Four’ audit organizations, 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 to the present, hit the nail regarding the head regarding much of the gambling industry’s economics, however the company 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 since the two most predominant dilemmas in worldwide gambling news: Macau’s economic issues and fantasy that is daily (DFS).

To its credit, PwC rightly foresaw on line gambling in the us, saying states would legalize Web gambling enterprises individually before Congress would intervene.

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

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

The audit and assurance, tax advisory, consulting, legal, and actuarial company disclosed that the international Gaming report wasn’t meant to provide appropriate Leer más