Last December Macau recorded a 30% monthly revenue drop, as the Asian gambling hub reported its first ever growth decline. Macau has been the focus of the Chinese Public Security Ministry’s fight against corruption and money laundering, a key public and political concern set out by Xi Jinping in 2014. The revenue plunge has accounted for a 40% fall in …
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US online gambling & betting efforts set to regroup in 2015
Efforts to liberalise the US online gambling market stalled in 2014 with no new states joining New Jersey, Nevada and Delaware in allowing online gambling services and regulatory policies. The lack of progress witnessed in 2014 has underwhelmed pro gambling campaigners and international operators eyeing market entry. Furthermore the poor revenue performance of the three online gambling states, has further …
Read More »Macau gambling revenues hit first annual fall
After a decade of expansion, Asian gambling centre Macau has recorded its first ever growth decline, as city casino revenues fell by 2.6% to $44 billion. Asian business analysts expect tougher times ahead for the city, as it recorded a 30% monthly revenue drop this December. The gambling hub has been targeted the Chinese Public Security Ministry as China aims …
Read More »Senet Group launches prominent warnings on TV betting ads
From 1 January 2015, Britain’s leading betting companies have committed to carrying prominent new responsible gambling messages on all TV advertising and other forms of advertising online and in betting shops. The messages are part of a campaign led by the Senet Group, a new independent body set up by William Hill, Ladbrokes, Coral and Paddy Power to promote responsible gambling …
Read More »Black Boxing Day as bookies take £30 million battering!
UK bookmakers had a Boxing Day to forget as they took a combined £30 million hit on Friday’s football fixtures, making it a very merry time of year for football betting punters. The football fixtures on Friday 26 December saw all betting favourites win their respective matches, as bookmakers cashed out thousands of pounds on winning bets and accumulators. Coral …
Read More »Forbes brands David Baazov as ‘King of Online Gambling’
In its December magazine, Forbes has profiled Amaya Gaming Group CEO David Baazov, detailing his bold 2014 acquisition of privately held poker operator Rational Group (owners of PokerStars and Full Tilt). The magazine labels the young CEO of Amaya Gaming Group, as the new ‘king of online gambling’ having pulled off an incredible industry coup. The profile piece written by …
Read More »William Hill CMO Kristof Fahy to depart in April 2015
UK sports betting operator William Hill, will be seeking a new Chief Marketing Officer as the company announced that Kristof Fahy would be leaving the company in April 2015. Fahy leaves the operator after five years’ service, having joined the company from Yahoo were he served as Vice President of International Marketing. Having joined William Hill in January 2010, Fahy …
Read More »Roy Clements – STATS – Speed and accuracy the watchwords for STATS
Sports data, insight and analyses has become big business in 2014, with the sector witnessing several mergers and acquisitions. Now forming a vital part of sports betting operational value chain, Team SBC speaks to Roy Clements Managing Director of STATS Europe, on his companies European ambitions. Clements tells the SBC team, that his firm’s data on US sports is provided …
Read More »666Bet migrates to BetConstruct’s sports betting platform
666Bet has completed its product migration to the BetContruct sports betting platform. Throughout last week the betting operator sent several communications alerting its player base that the Bet666 website would undergo a ‘scheduled upgrade’. The migration to BetConstruct’s platform, sees 666Bet drop Novigroup Ltd white label sports betting provisions. 666Bet CEO Barry Martin announced the operator’s decision to switch betting …
Read More »STATS aiming for 10,000 in-play events
STATS, the sports technology, data and content supplier, is planning on a massive expansion of its in-play portfolio over the next few years, with the company planning on doubling the number of events that it covers. Roy Clements, managing director of STATS Europe, said that the company has big ambitions to expand its coverage of American sports. He explained: “STATS …
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