August 2021

first_img7th August 2018 | By contenteditor Sports betting Online bookmaker will work with the Professional Players Federation Betway has announced a joint venture with the Professional Players Federation (PPF) as part of an effort to promote betting integrity in British sport.The online gambling operator will work with the PPF to produce a series of short films to highlight the importance of integrity and the dangers that gambling can present to professional sportspeople.Based on a Q&A format, the new films focus on key issues such as betting, match fixing and the passing of inside information.The films will also showcase ongoing efforts across both the sports and betting industries in tackling corruption. Various player associations and sports integrity experts will feature in the series.Anthony Werkman, chief executive of Betway, said: “Our support of the PPF is an extremely important part of our wider work in the areas of sporting integrity and player education around gambling.“Our aims dovetail with that of the PPF in that we want a clean, competitive and ultimately fun environment for our customers to test their knowledge against. To our mind these videos will help ensure that both players and the customers of Betway continue to compete and play solely for the love of the game.”PPF chairman Brendon Batson (pictured) OBE added: “Player associations do a great job in educating players about betting integrity and these new films are designed to complement this education by giving bite size information and advice for players who may either want to learn more or seek support from their player association.“We are grateful to Betway and our other betting integrity partners for their funding of player education in this area.”Betway has established strong links with the world of professional sport through a number of sponsorship deals.The operator recently struck a deal to become the training gear sponsor of Italian Serie A football club AS Roma, prior to a new ban on gambling advertising coming into force in the country.Betway also recently agreed deals with Spanish LaLiga football club CD Leganés, as well as ESL esports competitions Intel Extreme Masters, ESL One and the CS:GO Pro League. Betway calls for ‘clean’ sports betting environment AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Subscribe to the iGaming newsletter Tags: Mobile Online Gambling Topics: Sports betting Strategy Regions: UK & Irelandlast_img read more

first_img Subscribe to the iGaming newsletter Fantasy sports and pool betting provider Scout Gaming Group has been awarded a licence by the Malta Gaming Authority (MGA).The permit will enable Scout to offer its services to operators also licensed by the MGA, including its fantasy sports platform and other new gaming content due to launch later this year.Following the publication of its first quarter results in May, Scout revealed that its new Fantasy Match-Up game, a form of head-to-head fantasy contests, would require a sports betting licence, as the game is partially odds-based.Scout, which is also licensed by the GB Gambling Commission, is currently active in markets across Europe and wider regions including India.“Our player pricing is the foundation of additional odds related products, a prerequisite for launching these in Europe has been a license; hence, I’m happy that we now can initiate the roll out,” Scout chief executive, Andreas Ternstrom, said.“We already have a couple of current clients showing interest in this, and one of the products is now live on the Indian market.”The new licence comes after Scout last week agreed a deal to provide its content to SG Digital customers around the world, and also signed off on an agreement to provide a gaming platform for Swedish media giant Expressen. Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Scout Gaming lands Malta licence Tags: Fantasy Sports Online Gambling DFS 17th June 2019 | By contenteditor Topics: Legal & compliance Sports betting DFS Regions: Europe Southern Europe Malta Fantasy sports and pool betting provider Scout Gaming Group has been awarded a licence by the Malta Gaming Authority (MGA). The permit will enable Scout to offer games to operators licensed under MGA.last_img read more

first_img Subscribe to the iGaming newsletter Global Gaming suffered what every operator fears most, when its licence was revoked by the Swedish gaming regulator. Chief executive Tobias Fagerlund explains why the business is far from finished.Copy: The Swedish Gaming Authority’s (SGA/Spelinspektionen) announcement that it had stripped Global Gaming’s SafeEnt subsidiary of its operating licence in the market sent shockwaves around the industry. It’s hard to think of another high-profile operator being punished so publicly in recent years.The evidence against it was damning. Its player protection controls were called into question, centring around a group of ten players that lost sum ranging from SEK240,000 to SEK1.1m in just a month. The operator’s anti-money laundering (AML) processes were also deemed insufficient.It was against this backdrop that Tobias Fagerlund, a member of Global Gaming’s board, took on the chief executive role on a permanent basis. He had been in the position since April this year, after the previous incumbent Joacim Möller stepped down.While his permanent appointment game days after Global’s bid to have its licence revocation suspended while it appeals the ruling was rejected, Fagerlund says he “didn’t hesitate” when offered the role.He argues that having served as a director of the business since 2016, he knows the company, and also feels he needs to take some responsibility for its current situation.“The process we’re in now is something I, with my industry experience, can actually do a good job in tackling,” Fagerlund continues.Crucially, he says, he still believes in the business.“Obviously the SGA process came as a real surprise and I couldn’t have expected the decision they took to revoke the licence, but I think in the end we will prevail in the legal process by showing the decision was unlawful and disproportionate,” he continues.“Obviously the situation is really bad and it’ll cost us a lot of money, but it will also force serious changes in the business.”Fagerlund argues that the accusations levelled at the operator are no more serious than failings highlighted by the regulator in other licensed Swedish operators.“But it’s obvious to me that they needed, and wanted to, set an example,” he explains. “If you look at the individual things they have accused us of, you can find similar things highlighted in other decisions where the punishment has been a fine.“You can even argue that ours are actually less serious that other failings.”Then why has Global Gaming been signed out? Fagerlund points out that the business has grown rapidly in two years, emerging as a significant challenger to rival operators through its Ninja Casino brand. This was one of the first brands to embrace, and make a success of, Trustly’s Pay N Play solution, which allows operators to onboard players as part of the registration process. This has often been misrepresented – including, in the past by Global – as no-account gambling, something prohibited by Swedish regulations.For Global it was part of a stripped-back approach, that has seen it shy away from bonuses, email marketing and VIP programmes. Fagerlund says that instead, its focus was on getting its brands into the market and communicating what it does to customers.“That of course meant we promoted our brands heavily when the market opened up,” he says.This, in turn, saw the Swedish Consumer Protection Agency (Konsumentverket) highlight Global as an example of an operator marketing excessively, an issue that quickly emerged as a bone of contention in the early months of the market.“It wasn’t a case of our marketing being more aggressive than other providers – we basically said Pay N Play was quick, and we could pay out quickly,” Fagerlund argues, however. He argues that it portrayed gambling as a form of entertainment, rather than a “lifestyle choice” as other, high-profile competitors did.Yet, he concedes that as its brands were so visible, the operator became “an easier target” for regulatory action. While offshore operators had long been providing services to Swedish consumers, they were not able to advertise through mass market channels, such as the most-watched TV stations, until the new regulations came into force from January 1.“[There] were a lot of new companies running commercials from January 1, because prior to that the advertising was not through channels that the average Swede saw regularly,” he says.Fagerlund admits that Global misread the public reaction to gambling advertising, though adds that many operators have been guilty of this. However Global suffered in particular, as articles and debate on the issue often used the Ninja Casino brand, even when it was not being discussed.“Our high visibility made us the perfect target,” he says.Shock and awe Despite this, he says the operator did not expect to be hit with such harsh sanctions. In fact, he says that when the operator flagged issues in its systems and processes with the regulator, it thought the dialogue “quite a good process”.“We made them aware in January when the deposit limits didn’t work for a short period. And then in March when they opened a supervision case, we answered questions and queries. We told the regulator what we had introduced to change things, described our different processes and risk assessments and got further questions, and answered them.”As a result of these issues, Global had been expecting a fine: “Of course we admit we had made mistakes and didn’t have everything we should have in place, but no more than other companies.”This made the decision to strip SafeEnt of its licence particularly shocking. The business was informed of the regulator’s decision by an email around eight minutes before it was publicly announced.“We were a little bit upset, but I think the whole industry was taken by surprise,” he says.Read Part 2 tomorrow. 25th July 2019 | By contenteditor Regions: Europe Nordics Sweden Tags: Mobile Online Gambling Topics: Casino & games Legal & compliance Strategy Global Gaming’s Swedish struggles – Part 1 Casino & games Global Gaming suffered what every operator fears most, when its operating licence was revoked by the Swedish gaming regulator. Chief executive Tobias Fagerlund explains why the business is far from finished. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finnish gambling monopoly Veikkaus has issued a warning to customers after it was made aware that some of its games were being offered over the phone by a third party without permission.According to Veikkaus, its Lottoa, Vikinglottoa and Eurojackpotia games were among those affected, with some customers being contacted on numerous occasions since autumn of last year.Veikkaus said that it did not make these phone calls as it does not sell games or take money from customers over the phone.“The calls have not been made by Veikkaus and our games cannot be purchased by telephone,” Veikkaus executive vice president legal and responsibility, Pekka Ilmivalta, said. “If you get a marketing call and are unclear about this, you should contact Veikkaus’ customer service.”Veikkaus said it may contact players over the phone on occasion, but this would be via its customer services team in reference to a player’s relationship with the operator, their winnings or if a payment or withdrawal was pending.“We will never sell our games over the phone or solicit customer account IDs, passwords or full personal identification numbers,” Ilmivalta said. “Veikkaus’ calls also never come from an unknown number.”Veikkaus has contacted authorities in Finland over the unsolicited phone calls.Last month, Veikkaus set out plans to bolster its responsible gambling measures in 2020, but warned that changes to its operating strategy could lead to a €50m (£42.5m/$55.5m) decline in earnings.Veikkaus plans to introduce compulsory identification in order for customers to play slot machines and other games, as well as amend its marketing strategy to focus more on promoting responsible gambling. It is also launching a drive to take 3,500 slot machines out of service this month, aiming to complete this by the end of 2020. Subscribe to the iGaming newsletter Regions: Europe Nordics Finland Finnish gambling monopoly Veikkaus has issued a warning to customers after it was made aware that some of its games were being offered over the phone by a third party without permission. 21st January 2020 | By contenteditorcenter_img Veikkaus warns customers over scam phone calls Email Address Lottery Topics: Lottery Strategy Tech & innovationlast_img read more

first_imgLegal & compliance Topics: Legal & compliance Sports betting South Dakota sports betting bill heads to Governor 5th March 2020 | By contenteditor Subscribe to the iGaming newsletter A bill to amend the constitution of South Dakota in order to allow sports betting in the state is to move forward to Governor Kristi Noem for signature after being voted through by the House of Representatives.Introduced by state Senator Bob Ewing in January, SJR501 passed through the House by a vote of 36-27 and will now advance to the Governor.Approval from the House comes after the South Dakota Senate also voted to pass the bill on February 11.However, even if the bill does secure the signature of Governor Noem, it would still be subject to a statewide referendum. The people of South Dakota would vote on the measure at the November 2020 election.Read the full story on iGB North America.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US South Dakota A bill to amend the constitution of South Dakota in order to allow sports betting in the state is to move forward to Governor Kristi Noem for signature after being voted through by the House of Representatives. Email Addresslast_img read more

first_img DraftKings partners with Inspired to launch virtual sports Email Address DraftKings is to launch virtual sports in partnership with Inspired Entertainment to help fell the void left by the cancellation of sporting events around the world. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Sports betting Tech & innovation Video gaming Casino & gamescenter_img Tags: Video Gaming Subscribe to the iGaming newsletter 17th April 2020 | By contenteditor DraftKings is to launch virtual sports in partnership with Inspired Entertainment to help fell the void left by the cancellation of sporting events around the world.Under the agreement, Inspired will provide its new V-Play Plug & Play end-to-end online virtual sportsbook product to allow DraftKings to integrate its range of virtual sports products.Customers will be able to wager on 14 virtual sports variants such as basketball, football, horse racing, soccer and motor racing across desktop and mobile.“Not only do we have the largest and most advanced portfolio of virtual sports, we tailor our products to sports fanatics with a combination of fast-paced action, ultra-realistic player simulations and a tremendous breadth of bet types,” Inspired’s president and chief operating officer Brooks Pierce said.Read the full story on iGB North America.last_img read more

first_img Subscribe to the iGaming newsletter Casino & games John Hunter and the Book of Tut by Pragmatic Play Email Address This 3×5, 10 lines videoslot by Pragmatic Play is the fourth installment in the ever-popular John Hunter series. The recognisable hero joins a new adventure, trying to find King Tuts’ tomb. Expanding symbols and many Free Spins await in the myserious land of Egypt! AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Slots 11th May 2020 | By Aaron Noy This 3×5, 10 lines videoslot by Pragmatic Play is the fourth installment in the ever-popular John Hunter series. The recognisable hero joins a new adventure, trying to find King Tuts’ tomb. Expanding symbols and many Free Spins await in the myserious land of Egypt!last_img read more

first_imgSports KPIs Sports betting As September is the month following the final rounds of the UEFA Europa League and Champions League, we can see an overall decrease in all monetary key performance indicators, such as average deposit amounts and revenue per player. About iGaming Pulse:iGaming Pulse is an industry benchmark tool for the gaming sector. iGaming Pulse enables gaming operators to accurately assess their overall performance against industry-wide key performance indicators. Monthly revenueThe average net gaming revenue per active player in September, decreased by 4% from August, and increased by 10% from September 2019. Much of September was taken up by a truncated off-season for the major European football leagues, but how did this impact sports betting performance? And with social distancing requirements still in place – even being tightened in some markets – did this help the casino vertical maintain its strong 2020 performance? This could (once again) be explained by the fact that people are still home more due to the pandemic, playing casino games online. Pareto PrincipleThe Pareto Principle, a concept originally developed by Italian economist and social scientist, Vilfredo Federico Damaso Pareto, is also known as the 80/20 rule. It’s used describe an imbalance in input and outcome in which 20% of the customers create 80% of the profits. Monthly deposit per playerThe average number of monthly deposits per player in September slightly decreased by 2% month-over-month (as in, almost no change) and increased by 14% from September 2019 now standing at nine deposits per player. Net gaming revenue per playerThere has been a slight decrease in average revenue per active player during September, falling 2% compared to August. However, it was again up year-on-year, by 11% to €79 per player. Retention ratesRetention rates for sports bettors have slightly increased, by 3% month-over-month. And almost without change, retention rates decreased marginally, by 1% year-on-year. Monthly depositsThe average number of monthly deposits for sports bettors decreased by 3% compared to August, but and increased by 6% from September 2019. New retention rates increased by 3% sequentially, but fell 10% compared to the prior year. This month, looking at the deposit amount Pareto analysis, 89% of the deposit amounts come from the top 20% of customers. Meaning that these 20% are the top players – those who are really strong VIP customers, also known as high rollers. Optimove iGaming Pulse – September 2020 iGaming Pulse comprises of data collected from over 200 online casinos and sports betting companies, including industry giants and boutique operators, providing an accurate, statistically significant sample of the industry. Access to this information is vital for operators that are limited to only their own data. Optimove’s iGaming Pulse is now fully accessible, ensuring operators will have a clearer overview of how they compare to the industry. New retention ratesExplained as the number of players who made their first deposit last month (in August) and remained active this month (in September).center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Conversion ratesConversion rates decreased by 5% month-on-month and increased by 9% year-on-year. Topics: Casino & games Finance Sports betting KPI in focus: Its figures are updated on a monthly basis. It enables gaming operators to gain a clearer understanding of how their KPIs compare against the rest of the industry, broken down by geography and game type. This type of data, which is made publicly available for the first time, provides operators with the ability to conduct comparative analysis and derive insight into how their performance compares with industry averages. Subscribe to the iGaming newsletter Average deposit amount The average deposit amount for sports betting was down 3% month-on-month, though up 16% year-on-year, standing at €36 per player in September. However, at this point in 2019, most leagues were in their off-season, whereas the English Premier League returned on 12 September, contributing to the year-on-year rise. 6th October 2020 | By Aaron Noy Conversion ratesConversion rates remained the same with no change month-over-month. However, there is an evident increase of 8% year-on-year, to 43%. Casino KPIs Stay tuned for Optimove’s next iGaming Pulse report, due out early November. Regions: Europe Average deposit amountThe average deposit amount for casino players remained the same month-on-month, and increased by 6% year-on-year, to €35. Though the ratio doesn’t have to be exactly 80/20, the discrepancy between resources invested and results generated is used as a KPI in gaming to illustrate what percentage of players generate most of the revenue. Email Addresslast_img read more

first_imgThe United Kingdom’s revenue rose by 116.2%, while the rest of Europe – its largest market – saw 74.1% rgrowth. Revenue in other markets increased by 67.5%. Financial expenses of €953,000, and tax bills of €8.7m, brought the final profit total to €132.0m, a 143.6% rise compared to the first quarter of 2020. Evolution explained that the increased revenue and profit, particularly in live casino revenue, stems from increased commission income from existing and, in part, from new customers. “The positive trend from 2020 continues in to the first quarter of 2021 where we see a good momentum both in terms of growth and profitability,” Evolution chief executive Martin Carlesund said. Acquisitions are set to continue for Evolution after it entered an agreement to acquire Big Time Gaming for €450m (£389.0m/$534.5m) earlier this month Subscribe to the iGaming newsletter Evolution’s total revenue came €235.8m, more than double what Evolution and NetEnt made in the first quarter of 2020. Live revenue came to €183.6m and random number generator (RNG) revenue totaled at €52.2m Evolution credits “high demand” as Q1 revenue and profit double Tags: NetEnt Evolution Big Time Gaming Geographically, Evolution enjoyed an overall rise in revenue in each of its operating regions year-on-year. There was 204.2% rise in North America operating revenue this quarter, while the Nordics followed with a 164.5% increase. Asia came third with a 155.8% rise in revenue. Operating expenses, including personnel expenses, impairment and other operating necessities totaled €94.2m, leaving operating profit of €141.65m. This is an 147.9% increase year-on-year. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Evolution acquired NetEnt after a SEK19.6bn bid for the business in June 2020, and the slot supplier’s figures were included for the first time in both its Q1 2021 figures, and comparative accounts for 2020. “We can already see good results from this work in the first quarter, and I believe that we are well-set to continue to capitalise on the growing interest in online casino world-wide.” Topics: Casino & games Finance Live dealer Online casino Q1 results 2021 Casino & games 27th April 2021 | By Marese O’Hagan Live casino supplier Evolution has reported sharp year-on-year increases to record highs in both revenue and profit in the first quarter of 2021, the first quarter since its acquisition of NetEnt in December 2020. Email Addresslast_img read more

first_img IPL 2021: MS Dhoni 8 interesting facts that shows why he is Captain no. 1 in the Indian Premier League IPL 2021 Phase 2 in UAE: Grounds in UAE in high demand as Emirates Cricket Board scrambles to accommodate BCCI, PCB & ICC IPL 2021: MI one of the most prolific teams but our record is very good against them, says Stokes PBKS vs DC IPL 2021: Punjab Kings all set to drop Pooran from playing XI after his most embarrassing record ever in IPL RR vs CSK LIVE Score & Commentary: IPL 2020 Ball by ball commentary & Live Updates on Insidesport – Match 4 TAGSCSK live MatchCSK vs RR LiveRajasthan vs Chennai Super KingsRajsthan Royals Today’s MatchRR vs CSK liveRR vs CSK live Score SHARE Cricket Previous articleIPL 2020: Delhi Capitals batsman Prithvi Shaw dating Prachi Singh?Next articleFootball: Goalless draw against Qatar in World Cup Qualifiers stands out for me says Chhetri Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Facebook Twitter Cricket IPL 2021 New Dates: new venue, live streaming, Schedule, CSK, RCB, MI, DC, SRH, KKR, RR, PBKS squad, Point Table all you need to… IPL 2021: DC’s Rishabh Pant receives first dose of COVID-19 vaccine Indian premier leagueIndian premier league 2020 IPL 2021: Punjab Kings Shahrukh Khan to InsideSport.co, ‘Comparison with Kieron Pollard great but want to create my own identity’ BCCI SGM: BCCI prez Sourav Ganguly chairs special meeting in Mumbai to decide IPL 2021’s fate BCCI RELATED ARTICLESMORE FROM AUTHOR Cricket Cricket Cricket By Kunal Dhyani – September 10, 2020 Cricket IPL 2021: Gavaskar questions Warner’s sacking by SRH, asks why can’t coaches be treated the same? Share on Facebook Tweet on Twitter Indian premier league RR vs CSK LIVE Score & Commentary: IPL 2020 Ball by ball commentary & Live Updates on Insidesport – Match 4 CSK vs DC in IPL 2021: Delhi Capitals’ Steve Smith reveals hilarious secret about coach Ricky Ponting; Check video Cricket Cricket last_img read more