Some Firms Leave Online Gambling To Others

Published Monday, March 10, 2014 -
Some Firms Leave Online Gambling To Others

It is interesting to find out who in the online gambling industry may be in the best place to take advantage of huge data resources available for profit. An article recently revealed by The Hill in Washington D.C. in the Hill’s technological blog that Masayoshi Son, the Chief Excecutive Officer of SoftBank, is speaking at the Chamber of Commerce in the Capital.

SoftBank was established in Tokyo, Japan on September 3, 1981, and had a market capitalization of approximately US $43.52 billion as of March 2011. SoftBank Corp. is a Japanese telecommunications and Internet corporation, with operations in broadband, fixed-line telecommunication, e-commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses.

This one massive company that has its interests firmly rooted in technology and of course information technology that allows the firm to data source from many angles. After Masayoshi Son speaks to the Chamber of Commerce the tech company chief executives will participate in a roundtable discussion on ways to grow “the data economy.”

The data economy has been the biggest thing since sliced bread for firms such as Google and others which keep the information they have gathered to themselves to further their own aims. One can only suggest that this giant firm with its game developing capabilities and deep pockets will one day become one of Asia’s biggest online gambling service providers. Speculation about the changes in the Japanese gambling market have been floating around for some time but as yet there has been no action.

It is possible though once a company such as SoftBank connects the dots. Maybe the executives just are not interested in the gamlbing industry when research revealed that in early April of 2006 SoftBank completed the purchase of 23% of Betfair, an Internet betting exchange then later cashed in its investment in Betfair selling the remaining  slice of a stake it acquired seven years ago.








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