World Cup betting drives growth in Denmark

first_img Denmark’s gambling sector soared over the summer thanks to a boost from the Fifa World Cup and growth in online casino. Figures from regulator Spillemyndigheden show that total revenue in the three months through to June 30 amounted to DKK1.63bn (£193.7m/€218.6m/$251.2m), up 11.5% on the corresponding period last year. Betting led the way in Denmark as punters rushed to place wagers on the World Cup, which ran from June 14 to July 15. Denmark lost on penalties to Croatia in the round of 16 stage, but the country’s progress in the tournament drove betting up to $100m, compared to around $80m in Q2 of 2017. The betting total for Q2 represents the largest quarterly revenue amount since Denmark legalised gambling in January 2012. According to Sportradar, global betting turnover on the World Cup hit €136bn. Betting was responsible for the majority of gambling activity in Q2, with a 39.7% market share. Online casino followed with a 32.9% share, after revenue in this market climbed from $70m in Q2 of last year to $82m.Gaming machines and land-based casinos were hit as punters instead turned their attention to betting and online gaming, with losses reported across both markets.Image: Russian Presidential Press and Information Office 4th October 2018 | By contenteditor Casino & games Email Address World Cup betting drives growth in Denmark AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Finance Sports betting Regions: Europe Nordics Denmark Subscribe to the iGaming newsletter Tags: Mobile Online Gambling OTB and Betting Shops Online casino revenue also up in second quarterlast_img read more

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Rhode Island sports betting revenue slips in May

first_img Legal sports wagering revenue in Rhode Island fell 54.4% month-on-month to $899,165 in May, despite punters spending more on betting than in April. Subscribe to the iGaming newsletter Casino & games Legal sports wagering revenue in Rhode Island fell 54.4% month-on-month to $899,165 (£710,940/€793,504) in May, despite punters spending more on betting than in April.The Twin River Lincoln and Tiverton casinos, the only two venues licensed to offer sports betting in the US state, took a total of $18.9m in wagers, up from $16.9m in the previous month.However, with the casinos paying out a combined $18.0m to punters – compared to $14.9m in May – revenue fell and ended two consecutive months of revenue growth in Rhode Island.Twin River’s Lincoln remained the venue of choice for consumers in the state, with players spending a total of $14.6m on sports betting in May, up from $13.7m in the previous month. The Lincoln facility paid out $14.1m in overall winnings, leaving it with revenue of $574,703 for the month.In contrast, Twin River’s Tiverton casino processed $4.3m in sports bets and paid out $3.9m, resulting in revenue of £324,462 in May. This was down on revenue of $399,149 in April, despite the venue experiencing a higher handle.Read the full story on iGB North America. 1st July 2019 | By contenteditor Email Addresscenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Rhode Island Topics: Casino & games Finance Sports betting Rhode Island sports betting revenue slips in Maylast_img read more

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Operators call for compliance “grace period” in Illinois

first_img Industry stakeholders have suggested policies such as a pre-registration process, a 270-day “grace period” to comply with regulations and licensing reciprocity between jurisdictions as part of Illinois’ public consultation period on legal sports wagering. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Operators call for compliance “grace period” in Illinois Industry stakeholders have suggested policies such as a pre-registration process, a 270-day “grace period” to comply with regulations and licensing reciprocity between jurisdictions as part of Illinois’ public consultation period on legal sports wagering.Some stakeholders and members of the public also used the consultation period to criticize Churchill Downs Incorporated for its decision not to operate a racino at Arlington racetrack in the state, where it will instead only take sports wagers.The public consultation process ran from 27 August to 27 September and included input from operators including William Hill, MGM and Rivers Casino, as well as other stakeholders and members of the public.William Hill requested license reciprocity between “major gaming jurisdictions” as well as a pre-registration period to “provide for a smoother launch” and in-stadium registration.Read more on iGB North America. Legal & compliance 7th October 2019 | By Daniel O’Boylecenter_img Regions: US Illinois Topics: Legal & compliance Sports betting Email Address Subscribe to the iGaming newsletterlast_img read more

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Lithuanian Football Federation: 24 matches fixed in 2019

first_img Email Address A total of 24 football matches in Lithuania were suspected of having been affected by match-fixing in 2019, according to the Lithuanian Football Federation. Lithuanian Football Federation: 24 matches fixed in 2019 Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 17th January 2020 | By Daniel O’Boylecenter_img A total of 24 football matches in Lithuania were suspected of having been affected by match-fixing in 2019, according to the Lithuanian Football Federation.The figure was announced by the Gambling Supervisory Authority, part of Lithuania’s Ministry of Finance, as it held a meeting to discuss ways of tackling betting related corruption with representatives of the country’s gambling industry. It admitted that it was difficult to determine the extent of match-fixing in the country.The meeting covered discussions about the current situation with regards to match-fixing, and ways to refine the exchange of information and cooperation between the industry and sporting authorities.The Gambling Supervisory Authority also reminded operators that under the country’s Gambling Act, it is illegal – and punishable with up to four years’ imprisonment – for individuals to place bets on events in which they participate.Operators must refuse to take bets from these individuals, or refuse to pay winnings if the bet has already been placed, the Authority added.Earlier this week, the Global Lottery Monitoring System, the sports betting integrity body for the lottery industry, has revealed that it flagged 98 football matches to its partner network for potentially suspicious activity in 2019. Regions: Europe Baltics Lithuania Subscribe to the iGaming newsletter Topics: Sports bettinglast_img read more

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Sunny Fruits: Hold and Win by Playson

first_img Sunny Fruits: Hold and Win is the first featured game in the new “”Funky Fruits”” portfolio from Playson. It combines fruit style art with “”hold and win”” mechanics. This 3×5 video slot with 10 pay lines is all about Bonus Game with In-game Jackpots: Mini, Major and Grand, last of which pays x1000 total bets! Sunny Fruits: Hold and Win by Playson AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Sunny Fruits: Hold and Win is the first featured game in the new “”Funky Fruits”” portfolio from Playson. It combines fruit style art with “”hold and win”” mechanics. This 3×5 video slot with 10 pay lines is all about Bonus Game with In-game Jackpots: Mini, Major and Grand, last of which pays x1000 total bets! Subscribe to the iGaming newsletter You can play a demo of this slot here!If you are an affiliate who reviews games, you can download the First Look Games affiliate pack here!center_img Email Address Topics: Casino & games Slots 24th February 2020 | By Aaron Noy Casino & gameslast_img read more

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Nascar sets out plans to resume racing on May 17

first_img1st May 2020 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Organisers of the Nascar motor-racing series have announced plans to resume racing on May 17 with a Nascar Cup Series event at the Darlington Raceway in South Carolina. Regions: US Subscribe to the iGaming newsletter Nascar sets out plans to resume racing on May 17center_img Topics: Sports betting Organisers of the Nascar motor-racing series have announced plans to resume racing on May 17 with a Nascar Cup Series event at the Darlington Raceway in South Carolina.The 400-mile race will be held without fans in attendance and will be Nascar’s first on-track action in more than two months after the series was suspended in March due to the novel coronavirus (Covid-19) pandemic.The Darlington event will be the first of seven races over an 11-day span at two different race-tracks throughout May, with all other races set to take place at the Charlotte Motor Speedway in Concord, North Carolina.An Xfinity Series event will run at the Darlington Raceway on 19 May, followed by another Nascar Cup Series race on 20 May.Read the full story on iGB North America. Sports betting Email Addresslast_img read more

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Colombian Health Ministry approves casino reopening plans

first_img Email Address Regions: LATAM Colombia AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Colombia’s Ministry of Health has approved a plan to allow casinos and bingo halls in the jurisdiction to begin reopening in line with strict health and safety measures.It follows the Ministry approving a pilot programme in July, which gave local municipalities the power to approve venues for reopening. When that was announced, the biosecurity protocols for casinos and bingo halls had not yet been approved.Under the greenlit plans, physical barriers must be used to separate players at slot machines, with all devices to be disinfected after use. The consumption of food and alcoholic beverages will also be prohibited.This may see some of the nation’s 2,765 gaming venues begin to reopen across 417 municipalities. Industry association Fecoljuegos claims that the government has missed out on tax revenue amounting to COP225bn(£46m/$60.1m/€51.2m), as a result of the closures from March this year. These funds would ordinarily contribute towards Colombia’s public healthcare system.President of Fecoljuegos, Evert Montero Cárdenas said: “With the resolution, the mayors of all the municipalities of the country no longer have anything blocking them from implementating of the pilot plans authorized by the national government as soon as possible.”“[Colombia’s] casinos and bingo halls are committed to the health and well-being of Colombians. That is why we care about adapting our spaces with sufficient guarantees that provide security and confidence to our collaborators, clients and their families”.Since the shutdown of its land-based venues, Colombia’s regulator has taken a larger proportion of its gaming market online, passing regulation to allow several new game modes online, such as video bingo and live-dealer casino.However, with some 240,000 families in the nation relying on the land based gaming sector for their income, calls to reopen retail venues have been growing louder in recent months. Bingo Subscribe to the iGaming newslettercenter_img Colombian Health Ministry approves casino reopening plans Topics: Casino & games Legal & compliance Bingo 12th August 2020 | By Conor Mulheir Colombia’s Ministry of Health has approved a plan to allow casinos and bingo halls in the jurisdiction to begin reopening in line with strict health and safety measures.last_img read more

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BetBull and beBettor form customer affordability partnership

first_imgThe affordability checks also identify the most at-risk players, it said, such as those on the bankruptcy or insolvency registers, and therefore protects customers from gambling related harms related to spending beyond their means. Responsible gambling BetBull and beBettor form customer affordability partnership BeBettor said the personalised checks will allow BetBull to better understand its customers earlier in their journey, and enable more tailored protection for each player as part of the operator’s broader social responsibility frameworks. Mobile sportsbook and casino operator BetBull has entered into a partnership with responsible gambling data platform beBettor, which will enable the operator to carry out instant customer affordability checks. Proposals to put in place stronger requirements for operators, including defined affordability assessments at thresholds set by the regulator, were subsequently criticised by the industry last week. Tags: BetBull BeBettor Email Address Subscribe to the iGaming newsletter Topics: Social responsibility Online casino Responsible gambling Online sports betting Scott McGregor, COO of beBettor, added: “It is great for us to announce our new partnership with BetBull who are at the cutting edge of the industry today. We have really enjoyed working with the BetBull team who are integrating the new affordability data we provide into their next generation safer gambling frameworks.” Affordability checks were brought to the fore of British gambling regulation in 2020, with the Gambling Commission launching a consultation on the matter in November. 25th January 2021 | By Conor Mulheir The Gambling Business Group’s chief executive, Peter Hannibal, said the proposals may drive players away from regulated and responsible sites to unregulated, offshore operators. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter BetBull will utilise beBettor’s affordability API, enabling it to automatically execute instant geo-affordability checks for its UK customers. Regions: UK & Ireland “It was a major factor in our decision to proceed with integrating beBettor’s affordability solution.” “We are delighted to be working with beBettor on affordability,” Ian Tannock, head of safer gambling at Betbull, said. “We’ve been really impressed with the beBettor team and their friendly support and approach has been first class. last_img read more

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theScore reports record handle, but negative net gaming revenue, in H1

first_img Score Media and Gaming (theScore) has reported record handle of CAD$137.4m (USD$109.5m) for the six months ending 28 February 2021, the first half of its financial year, but the operator’s net gaming revenue remained negative. Topics: Casino & games Finance Sports betting H1 results 2020 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Canada Email Address This handle figure represents a dramatic increase from the $22.6m from the same period last year. 14th April 2021 | By Nosa Omoiguicenter_img Casino & games theScore reports record handle, but negative net gaming revenue, in H1 Read the full story on iGB North America. Subscribe to the iGaming newsletter Tags: theScore Score Media and Gaminglast_img read more

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William Hill appoints Hageman as new CFO

first_imgPrior to that role, Hageman had also acted as CFO for several listed companies including TeleCity Group plc in the UK and communications group Royal KPN NV in the Netherlands. In April, American casino operator Caesars Entertainment finalised its acquisition of William Hill, paying £2.9bn (€3.35bn/$4.04bn) to take ownership of the business. Caesars said it is buying the operator for its US business, and intends to sell the remainder of its operations. Regions: UK & Ireland Hageman replaces existing CFO Matt Ashley, who was appointed to the role in April last year and leaves the company to take up the role of CFO for software and information technology business, Micro Focus plc. Subscribe to the iGaming newsletter 1st June 2021 | By Conor Mulheir “I look forward to working with him as we lead William Hill through the next chapter. I also want to thank Matt Ashley for his substantial contribution to William Hill through the challenging period of the global pandemic.”  Eric Hageman Email Address Hageman added that: “It is an exciting time to join William Hill and I look forward to working with the William Hill team and its shareholder Caesars on the next chapter”.center_img People moves Commenting on Hageman’s appointment, William Hill chief executive Ulrik Bengtsson said: “We are delighted to welcome Eric to the William Hill team.  He brings a wealth of financial and operational experience within digital and technology driven industries as well as senior management experience. William Hill appoints Hageman as new CFO AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter William Hill has announced the appointment of Eric Hageman as its new chief financial officer, effective as of 7 June, 2021. Tags: William Hill Topics: People Sports betting Strategy People moves Recruitment Management Eric Hageman joins William Hill from IWG plc, the Switzerland-based workplace operator formally known as Regus, where he held the position of Group CFO.last_img read more

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