Tag Archives: betting

Martin Lycka: At the crossroads of esports and betting 

Martin Lycka, Entain’s Senior Vice President of US Regulatory Affairs & Responsible Gambling, delves into the world of esports as the sector becomes increasingly popular for sportsbooks across the world. Just west of Mar Sara, 25 March 2506, 12:45 Zulu Time: a deserted platoon of Terran Marines, supported by a few remaining Vultures running on fumes and a Siege Tank …

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Staffless betting shops: the future for retail?

BetXS

The Irish retail betting landscape has come up against its fair share of challenges in recent years, with the introduction of a 2% tax on turnover over €2.5 million, the absence of a central gambling regulator and most recently the closure of all non-essential shops. But despite these hurdles, fixed costs have remained at a steady level (and in some …

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Young and male — is the iGaming player stereotype true?

Young and male — is the iGaming player stereotype true?

When considering what makes a ‘typical bettor’, many often imagine a male aged between 18-35, but – according to Slotegrator – “there’s more and more reason to consider female gamblers and those in other age brackets as well”. A new guide published by the iGaming software provider highlighted the importance of operators having an in-depth knowledge of their customers – …

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WATCH: Embracing technology key for safer gambling strategies

technology

The uptake of innovative technology could be a key component in global safer gambling strategies as funding begins to increase. That was agreed by panelists at this month’s SBC Summit Barcelona – Digital, who pinpointed the need to significantly increase the low number of people who seek treatment. You can also click here to see the full panel from the …

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BGC: Government must do more to support retail

The Betting and Gaming Council has called upon politicians to ‘leave no stone unturned’ when supporting high street shops, urging the Communities and Local Government Select Committee to prioritise the needs of the retail betting industry as part of its inquiry. Brigid Simmonds OBE, Chairman of the BGC, explained that due to restrictions on non-essential retail during the pandemic, betting …

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Spillemyndigheden reports decline in Q2 betting

The widespread cancellation of live sports has hindered betting activity in Denmark, with figures from the country’s regulator Spillemyndigheden showing a decline in GGR. Publishing its statistics for Q2 2020, the effects of the coronavirus pandemic on the Danish betting and gaming industry are apparent with the betting sector reporting a 41.22% decline in GGR for the quarter, falling from …

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DCMS: UK gambling divided on COVID-19 business resilience

A business survey carried out by the Department of Culture, Media and Sport (DCMS) has revealed that UK gambling firms have been divided in their response to Coronavirus restrictions, with only one-third of corresponding companies accessing government support. DCMS’ survey, entitled The Coronavirus Impact Business Survey, suggested that the majority of gambling companies were land-based, however the specific details of …

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Betinvest: Esports is crucial to the betting industry

Esports is one of the fastest growing entertainment sectors in the world today, with industry revenues set to grow to over £930m this year, according to a report by market intelligence firm Newzoo. With the industry starting to take shape, it is imperative that the betting industry conforms to the scene in order to fully maximise the sector’s huge potential.  …

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Sports and betting: Can the two ‘buddies’ learn from each other?

sports

Sports and betting are buddies that can’t do without each other thinks STATSCORE’s Jakub Myszkorowski. Yet have we got so used to the way they get on, that we’ve stopped trying to learn from one another?  Myszkorowski explains how betting organisations can boost their own businesses by looking at how sports teams analyse their opponents, optimise performance and integrate new …

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UKGC outlines tougher sanctions for betting operators

Coming into force on 31 October 2018, the UK Gambling Commission (UKGC) has outlined that strengthened sanctions against gambling companies that break advertising rules or breach consumer law. The new regulations come after the UKGC went through an open consultation period and are the latest step as the industry trade body looks to implement its vision for the market, with …

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