September 1, 2021
  • 9:35 am Italy iGaming Dashboard – September 2018
  • 9:33 am New Jersey e-zine
  • 9:32 am The Stars Group confirms job losses in Malta
  • 9:31 am MustardBet ceases online betting operations
  • 9:30 am New Hampshire surpasses 1m sports bets in first six weeks

first_img The traditional Italian holiday month and the end of the World Cup boost of the previous two months left Italy’s igaming market flat in August AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Italy iGaming Dashboard – September 2018 Bingo 12th September 2018 | By Joanne Christie The traditional Italian holiday month and the end of the World Cup boost enjoyed in the previous two months left Italy’s igaming market looking flat in August.Overall, total online GGR fell slightly to €119.13 from €120.57m the previous month. August’s total did, however, represent a 22.9% rise on the same month the previous year.Casino rose marginally to €56.46 from €56.26 in July, but sports betting fell to €49.96 from €51.58 the previous month. For August, casino made up 47.40% of the online market, while sports betting accounted for 41.94%.Poker and bingo were fairly flat during the month. One interesting trend to note is that in both tournament and cash poker, the top three market leaders are increasing their combined share of the market. In tournament poker, PokerStars, Sisal and Snai have 64.85%, 6.93% and 6.36%, respectively, of the market, leaving 21.86% for other operators. In January other operators made up 24.7% of the market.Similarly, in cash poker, PokerStars, Lottomatica and Sisal hold 42.13%, 7.13% and 7.09% shares, respectively. Other operators therefore account for 43.65%, down from 46.48% in January.Click on the drop down options below to compare how Italy’s igaming market has performed on a monthly or annual basis. Revenue figures for online-only sports betting start from October 2016, with operator market shares from May 2017.All data and figures are processed by leading European corporate advisory firm Ficom Leisure, a specialist in all segments of the betting and gaming sector. Topics: Casino & games Finance Sports betting Bingo Poker Tags: Card Rooms and Poker Online Gambling Regions: Europe Southern Europe Italy Subscribe to the iGaming newsletter Email Addresslast_img read more

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first_img Topics: Casino & games Sports betting Casino & games New Jersey e-zine 9th April 2019 | By Stephen Carter iGB is delighted to publish its fifth e-zine, which delves into five years of data from the US’ leading interstate igaming market of New Jersey.Despite the relative recency of the advent of regulated sports betting within the state, there is already enough data to draw conclusions about likely growth rates across both product sets.Stakeholder consensus on the sports betting launch is that performance to date is meeting or marginally ahead of pre-market expectations, with Kambi’s Max Meltzer remarking that some people in the industry are “already talking about ‘when’ rather than ‘if’ New Jersey overtakes Las Vegas as the highest grossing sports betting market.” With the Nevada sports betting market worth circa $300m in 2018, exclusive forecasts from H2 Gambling Capital featured later in this report suggest new Jersey might be approaching that figure by 2023.There are caveats to the hope that New Jersey will come to be viewed as the model to follow, with Sportradar’s Jake Williams observing: “Most other states are not set up the way New Jersey is and other states are maybe more likely to be land-based.”However, online gaming being up and running in NJ for more than four years before the lifting of PASPA puts the Garden State in the box-seat to leverage the digital potential of sports betting, and this means stakeholders across the US will be closely monitoring what New Jersey does and seeing if it works.E-zine contents Introduction: Off to a flyer Part 1: Data review  Section i: sports betting Section ii: gamingPart 2: Peering into the future Part 3: Mobile and more Email Addresscenter_img Subscribe to the iGaming newsletter Regions: US New Jersey iGB is delighted to publish its fifth e-zine, which delves into five years of data from the US’ leading interstate igaming market of New Jersey AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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first_img The Stars Group has confirmed it will make redundancies in Malta just days after announcing job losses in the Isle of Man.While the owner of Poker Stars has not discussed numbers, it has been reported that around 50 redundancies have already been made. It is believed the operator’s Malta hub employed 300 people at its peak.The Stars Group blamed an evolving industry for its decision to reduce numbers, in a similar statement to that released following the Isle of Man announcement just last week.However, it added, it would maintain a presence in Malta.“Given rapid changes in the industry, we are constantly reviewing our cost base, and have decided to review some potential changes to certain locations to better align our costs with our global growth strategy,” a Stars Group spokesperson said.“We believe our proposals will help to position us to deliver our mid-term growth targets and long-term sustainable growth. Malta will remain an important hub for the business.”The Stars Group first opened its Malta office in 2012, housing workers from departments including business development, marketing, human resources and IT.The announcement comes just months after The Stars Group opened a new office in Bulgaria.The Stars Group saw an 11.7% decrease in international poker revenue during the second quarter of 2019. The group said late last year that it would be impacted by regulatory changes in Switzerland and Russia, while its profitability has been affected by the acquisitions of Sky Betting & Gaming in the UK and BetEasy in Australia.In announcing its Q2 2019 results, the operator said: “Poker revenue for the quarter decreased year-over-year primarily as a result of adverse foreign exchange fluctuations and continued disruptions and regulatory headwinds in certain markets, including reduced deposits by customers as a result of local restrictions on some methods of payment processing and on certain methods of downloading The Stars Group’s poker applications, which was partially offset by continued organic growth in most other markets.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Stars Group confirms job losses in Malta Subscribe to the iGaming newsletter Topics: People 26th September 2019 | By contenteditorcenter_img People Regions: Europe Southern Europe Malta The Stars Group has confirmed it will make redundancies in Malta just days after announcing job losses in the Isle of Man. Email Addresslast_img read more

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first_img14th October 2019 | By contenteditor Regions: UK & Ireland MustardBet ceases online betting operations Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online gambling operator MustardBet has ceased operations with immediate effect, but pledged to refund customer balances and settle all unsettled bets as soon as possible. Online gambling operator MustardBet has ceased operations with immediate effect, but pledged to refund customer balances and settle all unsettled bets as soon as possible.MustardBet did not disclose the reasons behind its closure, but it did confirm in a statement on its website that it will return customer balances to cards it holds on file within 72 hours from today (14 October).The operator said payments could take up to five working days to process and if it is unable to return balances, it will contact customers directly within the next 28 days to arrange an alternative payment method.In terms of unsettled bets, MustardBet said that it will settle all bets as winners, unless a customer has multiple bets on the same event. In the case of the latter, the customer will receive the best possible outcome, with their most profitable selection being settled as a winner and all other selections as losers.MustardBet also said that its website will remain active for the next 28 days so that customers can access their account balances and transaction history, as well as withdraw funds.However, from 11 November, the website will be taken down and customers will not be able to access their accounts or facilities, including a live chat feature that allows them to interact with MustardBet staff online.MustardBet holds licences in both the UK and the Isle of Man. Tags: Online Gambling Topics: Sports betting Strategy Tech & innovation Subscribe to the iGaming newsletter Email Addresslast_img read more

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first_img The New Hampshire Lottery has revealed that it processed more than one million sports bets during the first six weeks of regulated sports wagering in the state. Regions: US New Hampshire 24th February 2020 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The New Hampshire Lottery has revealed that it processed more than one million sports bets during the first six weeks of regulated sports wagering in the state.Since the Lottery and partner DraftKings launched legal online and mobile sports betting on 30 December 2019, more than 36,923 registered users wagered over $28.6m (£22.1m/€26.4m) on sports.The Lottery also revealed that the landmark one-millionth wager was placed on 8 February, with the overall total to date standing at approximately 1.15m bets.“When it comes to sports betting, New Hampshire is carving out its status in granite as New England’s premier destination,” New Hampshire Governor Chris Sununu said.Read the full story on iGB North America. Subscribe to the iGaming newslettercenter_img New Hampshire surpasses 1m sports bets in first six weeks Topics: Sports betting Email Address Sports bettinglast_img read more

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first_img Just another sport 6th March 2020 | By Stephen Carter Tags: Online Gambling Video Gaming Topics: Casino & games Esports Sports betting Video gaming AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Esports is a multi-billion dollar industry in which professional athletes compete against one another, just like in any other sport, says UltraPlay chief executive Mario Ovcharov. It’s about time the betting industry wakes up to its potentialcenter_img Casino & games Esports is a multi-billion dollar industry in which professional athletes compete against one another, just like in any other sport, says UltraPlay chief executive Mario Ovcharov. It’s about time the betting industry wakes up to its potentialFew are better placed to comment on the burgeoning esports market than UltraPlay chief executive Mario Ovcharov, considering he was one of the men behind the development of the supplier’s esports betting solution. While UltraPlay celebrates its tenth anniversary this year, and claims to have been the first to launch a Bitcoin casino site back in 2011, it’s the esports betting product that put it on the map. Ovcharov, who joined in 2014, came into the company as a bettor, rather than someone who worked in betting. However, working alongside head of trading Peter Ivanov, he was responsible for developing its entire esports betting ecosystem.Core to the development of this offering was presenting esports betting in the way he and Ivanov believed it should be presented. “Everybody now knows what it is, and most operators have it in some form, but back then, only a few operators were offering esports betting, and generally not in the way we thought it was effective,” he explains. This saw UltraPlay work with teams and tournament organisers, as part of efforts to get under the skin of the industry at every level, not only to educate the business on how to bet on esports, but to understand what else was out in the market.It ultimately resulted in the launch of live betting, including the first in-play markets on Counter-Strike: Global Offensive, before expanding into other titles. Integrity issues It’s often said that esports betting lies outside the mainstream. Not so, according to Ovcharov. It’s a market that’s growing by about 200% year-over-year, and has quickly moved from one where the average stake was $10, to one in which punters will wager up to $10,000.Not that this growth in betting activity has created opportunities for match-fixing, he’s quick to add. UltraPlay was one of the first members of the Esports Integrity Commission, and Ovcharov says it tries to “stay on top of the integrity issue”.Nevertheless, he denies betting-related corruption is a big problem.“When I go to conferences, I always get asked about match-fixing, but honestly you’re looking at about 50 cases in five, six years, where the fixers only earn about $200,” he says. “There’s nowhere you can bet $100k. “And in some sports, and some leagues, match-fixing or allegations of match-fixing don’t result in you being banned for life,” he adds, noting that esports has a ‘one strike and you’re out’ policy across the board.Crypto and skins It’s also important to note that esports betting activity is no different from any other sport, in that it is driven predominantly by cash stakes, rather than cryptocurrency. While UltraPlay has a certain pedigree in cryptocurrency, considering the Bitcoin casino launch, Ovcharov suggests it isn’t a major driver of esports betting growth.“You see that all major operators now offer esports betting, whether that’s through a microsite or alongside the traditional sports,” he points out. “But the main volume that’s been driven through the brands best-known for esports betting, maybe 30% would be crypto, 70% real money.”And skin betting, he says, is not even part of the esports ecosystem today.“Skin betting pretty much died after one controversial change [gaming platform provider] Steam made to the trading and selling of skins,” he says. “That basically locked up and blocked many of the sites offering skin betting, which wiped out billions that could have been converted to cash. Since this happened, the other sites shifted to real money.”It’s these skin bettors that may prove to drive the growth in cryptocurrency betting transactions. Ovcharov notes it is a natural shift from betting with skins to betting with cryptocurrency.“Many of the in-game markets look very similar to a minimalistic form of Bitcoin or Blockchain,” he says. “These players that have come from online multiplayer games understand that transaction process, so it was a natural shift. They already knew how to make similar transactions.”Regulatory reticence Ovcharov paints a picture of a huge market ready to explode. It’s a market likely to be aided by a young audience coming of age that has less interest in watching sports such as snooker or tennis than the generation before them. That’s not to say there aren’t frustrations, especially when it comes to regulation. “[Regulators] are being run by individuals that are not open to growth or change, in conservative countries that refuse to understand or even look at it,” he says. “Regulators in countries such as Italy just say [esports] should be regulated similar to a game with a random number generator – how is it a game of chance?”It’s a sport, he says, and one whose highest-profile competitions can attract audiences of up to 60 million, something only the Champions League or World Cup finals can match.“[Every] professional player there is as committed as any other professional athlete,” he says. “They play 12-14 hours a day, have mental coaches, psychiatrists, dieticians, it’s the same structure as any other team – one even has its own private jet. I don’t see that stopping.”It’s therefore only a matter of time before the gambling industry fully acknowledges this. Some, he says, already have.“We’ve seen interest from bigger, regulated customers that want to prepare for the coming generation before their competitors,” he says. “So coming next for us, and for esports, is just being recognised as another sport.” Subscribe to the iGaming newsletter Email Addresslast_img read more

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first_img Topics: Finance Sports betting Email Address Subscribe to the iGaming newsletter Delaware sports betting revenue soars in February The Delaware Lottery has revealed that sports wagering revenue in the state amounted to $159,800 (£129,331/€144,332) in February, representing a huge year-on-year increase, but a sharp decline on the total generated in January 2020.Revenue in the four weeks through to February 23 was significantly higher than the $22,152 collected in the same month in 2019, but was also 89.4% lower than the $1.5m posted for the January 2020.Consumer spending in February was down by 17.3% year-on-year to $7.0m, as players won a total of $6.8m, compared to $8.5m last year.Delaware Park led the state’s market in February, generating a total of $96,773 in sports betting revenue, a significant improvement on a loss of $28,750 posted in February of last year. This was despite consumer spending falling by 20.8% to $4.2m.Read the full story on iGB North America. The Delaware Lottery has revealed that sports wagering revenue in the state amounted to $159,800 in February, representing a huge year-on-year increase, but a sharp decline on the total generated in January 2020.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Delaware 30th March 2020 | By contenteditor Financelast_img read more

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first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Belgian Loterie Nationale takes steps to protect retailers Belgium’s Loterie Nationale has brought in a series of measures to support its retail network during the novel coronavirus (Covid-19) pandemic which has seen the country put into lockdown.With all non-essential shops closed, the lottery has extended the deadline by with players can claim for winning tickets.Furthermore, due to players shifting from cash to card payments, the due date by which retailers must pay sales commission to the lottery has also been postponed. This step was taken to ensure all card payments clear before the payments have to be made, to protect retailers’ finances.The sums paid by retailers to the lottery have also been amended, to ensure retailers can cope with the decline in sales due to the virus.Other planned payments from the network of partners to the lottery have also been temporarily put on hold. Retailers will also be paid increased commission for customers purchasing tickets for consecutive Lotto and EuroMillions draws.In addition, Loterie Nationale has cancelled its mystery shopping campaign scheduled for April. This, it explained, is to ensure that with retailers’ floor space limited, the shops can be dedicated entirely to safe shopping for customers.The lottery has also produced a new poster illustrating and summarising sanitary precautions shoppers have been advised to take by the government. This will be distributed across the retail network, to help slow the spread of the virus. 1st April 2020 | By contenteditor Email Address Subscribe to the iGaming newslettercenter_img Topics: Lottery Regions: Europe Western Europe Belgium Lottery Belgium’s Loterie Nationale has brought in a series of measures to support its retail network during the novel coronavirus (Covid-19) pandemic which has seen the country put into lockdown.last_img read more

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first_img Tags: Online Gambling OTB and Betting Shops Race Track and Racino French horse racing giant Pari-Mutuel Urbain (PMU) has been hit with a €900,000 (£727,886/€827,561) fine from France’s Competition Authority after it was found to have failed to maintain its commitment to splitting online and retail liquidity.While the operator has upheld the commitment first made in 2013 – then mandated by the Authority in February the following year – to keep betting pools for each channel separate for domestic racing, it has maintained shared pools for international racing.This prompted complaints from Betclic Everest Group’s Betclic brand and Zeturf, which argued that PMU was flouting the February 2014 agreement.PMU has commingling agreements in place to offer coverage of South African, Irish, American, Norwegian and Swedish racing. Betclic and Zeturf noted that these are currently offered with identical odds and prize pools on its website and in retail outlets.The combined online and offline pools are then combined with those of its foreign partners to offer a single, large jackpot under the terms of these commingling agreements.“Therefore, within the framework of these partnerships, PMU is able to offer betting on foreign racing on its website and in its retail network on equally attractive terms,” the Competition Authority explained. “[This] corresponds directly with the situation for [French] horse race betting, before it committed to [splitting online and offline liquidity] in 2014.”The Authority, however, said that the order in 2014 to split online and retail liquidity was “unambiguous”, and covered all racing, rather than just domestic events.This 2014 ruling stated that by combining its online and retail pools – following a complaint from Betclic – PMU had an unfair advantage over other operators offering horse racing pools. The decision to split the pools was therefore taken to ensure consumers were offered a diversified range of betting options.France’s igaming regulator, L’Autorité de régulation des jeux en ligne (ARJEL) supported this assessment, while PMU was also warned that pooling liquidity may not be factored into any commingling agreements.Indeed, the Authority added, PMU had drafted the commitment itself, meaning there was no possible way that it could have been permissible to having a separate set of rules for betting on foreign racing.“Even if, at this time, commingled foreign racing pools only constitute a small part of PMU’s horse racing betting revenue, the breach is all the more serious since the commitment to split liquidity was a key component of the arrangement to prevent the operator’s PMU.fr site from benefiting from its retail monopoly,” it explained.The dispute between PMU, the undisputed horse race betting market leader in France, and challengers such as Betclic and Zeturf stretches back to the opening of the country’s regulated igaming market in 2010. As well as forcing the operator to split its online and retail pools, this has also seen the French courts order PMU to pay Betclic Everest an unspecified sum in compensation for anti-competitive practices. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Horse racing Regions: Europe Western Europe France PMU fined after failing to split online and retail liquidity Topics: Legal & compliance Sports betting Horse racing French horse racing giant Pari-Mutuel Urbain (PMU) has been hit with a €900,000 fine from France’s Competition Authority after it was found to have failed to maintain its commitment to splitting online and retail liquidity. Subscribe to the iGaming newsletter 8th April 2020 | By contenteditor Email Addresslast_img read more

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first_img Subscribe to the iGaming newsletter Regions: Europe Western Europe Belgium Bwin nets sports betting partnership with Belgian Pro League GVC Holdings-owned bwin has agreed to become the new sports betting partner of the Belgium’s top tier football division, the Pro League.Brokered by sports broadcaster Eleven Sports, the deal will run for three years and cover the top-tier Pro League, as well as the lower tier 1B Pro League and the Super Cup, in which the Pro League champions play the Belgian Cup winners.The agreement will also include streaming rights, with bwin able to broadcast live coverage of matches for customers using its online and mobile platforms.Pierre François, general manager of the Pro League, said that the partnership would put a strong emphasis on responsible gambling, and look to combat unhealthy habits among players. “Each partner is aware of the risks of irresponsible behaviour and is committed to minimising these risks, each in its role,” François said. “Bwin, the Pro League and Eleven Sports will commit, within the framework of this partnership, to lead an integrated policy prevention, protection of players and the integrity of football as a whole.”Steven Cartigny, commercial head of Benelux and the rest of the world at bwin, added: “Belgium is a breeding ground for talent that is successfully exported all over the world. As a result, the eyes of the whole world are more and more on our Pro League.“Together with Eleven Sports, we want to increase interest in Belgian football and we want to present our bwin betting platform to viewers in an [engaging] and responsible manner.”The new deal comes after the Pro League agreed to make a number of changes to its top-tier competition in order to avoid legal action brought forward by one of its clubs.Waasland-Beveren was relegated from the Pro League when organisers in May decided to end the 2019-20 season early due to the novel coronavirus (Covid-19) pandemic.The club took legal action against the decision, saying that it could have avoided relegation if it had been permitted to complete the season. A court agreed, ruling Waasland-Beveren should be reinstated and that the League would be liable for a financial penalty of €2.5m (£2.3m/$2.9m) for each game played without the club in the division.As such, the Pro League agreed to change the structure of the competition so that it would be expanded from 16 to 18 teams, including Waasland-Beveren, as well as OH Leuven and Beerschot, the two clubs involved in the 2020-21 promotion play-off from the First Division B. Email Address GVC Holdings-owned bwin has agreed to become the new sports betting partner of the Belgium’s top tier football division, the Pro League.center_img Topics: Marketing & affiliates Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Marketing & affiliates 4th August 2020 | By contenteditorlast_img read more

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