The world of trading and risk management has come on leaps and bounds in recent years thanks to advances in technology, but how does that shape the sportsbook of 2030? Fast forward 10 years to 2030 and Dinos Stranomitis, Director and COO at Altenar, thinks that the future for sports betting lies in the development of software that can independently …
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Darko Gacov: Why the CIS region is ‘the perfect choice’ for growth
Following a series of regulatory developments across the region, eyes have shifted towards the Commonwealth of Independent States (CIS) as a new frontier for the betting industry’s development. This region, according to Darko Gacov, Founding Partner at Singular, has been on everyone’s radar ‘since Adjarabet exposed the market to the world’, with the market’s potential growing bigger by the day. …
Read More »Going in-house: Are the cost savings ever worth it?
Every sports betting and gaming operator would, in an ideal world, like to own their own tech. But for smaller operators at least, is the cost saving appeal something of a myth? Soft2Bet Product Owner Ivan Piorischin (pictured) discusses the pros and cons of going in-house, the influence of mega mergers on the “cost-savings via synergy” concept, and balancing a …
Read More »Neil McArthur: Gambling Act reform will hold no grace period for inbound changes
Neil McArthur, Chief Executive of the UK Gambling Commission (UKGC), has stated that the government and its regulatory agencies will take every opportunity available ‘to make Great Britain the world leader for safer gambling’. Opening the ‘Raising Standards’ conference at London’s Southbank Centre on the eve of the industry’s ‘Safer Gambling Week’, McArthur addressed the relationship between licensees and the …
Read More »Sarah Robertson, Kambi: Fine tuning can see lotteries & sports betting become dance partners
Requiring a deeper commitment of technology and software services, lottery operators have often proved to be difficult partners for sportsbook suppliers. Having recently won the contract to overhaul Belgium’s Loterie Nationale sportsbook capacities, Kambi Group Senior Business Development Director Sarah Robertson spoke to SBC News about why the sportsbook technology supplier is treating lotteries as a critical growth segment. SBC: …
Read More »BetInvest: Creating a financial pillow to survive lockdown 2.0
After months of disruptions and uncertainty caused by the first wave of global lockdowns, the gambling industry was able to take some time to breathe a little easier. But with the looming threat of further lockdowns now a bitter reality, it’s become apparent that we cannot take our feet off the pedals and become complacent. During the first wave of …
Read More »The importance of a customised payment widget for the client and end consumer
The payment widget is the most important part of the customer journey, said Artem Sydorenko, Marketing Manager at exactly®. In discussion with SBC News, he explained why his company allows full customisation of its widget for clients, which helps to minimise any doubts in the mind of the consumer. The most significant of these doubts, he added, arises when the …
Read More »Don’t look back: Why betting expectations are changing at breakneck speed
I remember scenes from my favourite TV series where placing a bet with pen and paper from the backstreets was a love affair for the sports bettor, writes Vermantia Commercial Director Spyros Stavropoulos. But can these fond memories actually cloud our judgement when it comes to new consumer expectations? While this old school filling out of a bet slip is …
Read More »David Clifton, Licensing Expert: Affordability takes centre stage
In the Gambling Commission’s March 2018 Online Gambling Review, published very shortly after Neil McArthur took over as its Chief Executive, the view was expressed that “overall, progress by the online industry to minimise harm has been significantly slower than we expected and required”. That set in motion a chain of events that has reached its zenith in the last …
Read More »Winning Post: Sweden shows why black and white never works
Swedish operators have appealed for the government to reject a further six-month extension for the ‘temporary’ online casino restrictions. Regulus Partners observes a near-total collapse in reasoned debate and policy development between all market stakeholders. ___________________ The Swedish government has proposed a six-month extension of the temporary restrictions to online casino (SEK5,000 /€485 weekly deposit limit; mandatory time limits; initial …
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