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[QUOTE="OzExorcist, post: 2317465, member: 23910"]
Just gonna take issue with one statement (admittedly not the author's):

[INDENT]Caesars Acquisition head Mitch Garber told CNBC back in November that ”It’s been proved for a long time, in the U.K. and Australia, that online gaming does not cannibalize offline gaming.”[/INDENT]

Australia doesn't have legal online gaming - at least, not casino gaming (sports betting is a different matter entirely).  Online poker isn't strictly speaking legal either, though the government hasn't show much interest in doing anything about it ever since the laws came into force over a decade ago.

Live poker makes up a tiny, tiny portion of income at our brick and mortar casinos (even the "major" poker rooms in Crown Melbourne or the Star in Sydney are small compared to their Vegas counterparts, and they're tiny compared to the rest of the casino floor too).

So I really don't know how they're supposed to draw any conclusions from that: the casinos make the vast majority of their income from games other than poker, and games other than poker have no real online competition here...
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