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French online revenue increased to €962m in 2017

George Miller

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French online revenue reaches €962m in 2017
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ARJEL, the French regulator has revealed that the country’s online gaming market generated €962m ($1.18bn) in revenue during 2017.

The amount represents an increase of 18% on the previous year, boosted by a rise in bets and entry fees, which collectively grew 9% year-on-year to €9.2bn.

French punters wagered a record €2.51bn on sports in the 12 months through to December 31, 2017, while the number of active players in this market increased from 1.6 million in 2016 to two million.

ARJEL noted an improvement in online horse betting activity for the first time in four years, with the number of active players also up from 484,000 to 523,000.

Elsewhere, online poker stakes increased 1% year-on-year to €3.6bn in regards to cash games, with entry fees for tournaments also up 9%.

ARJEL collected a total of €439m in tax from online gambling activities in the past year, which is 13% more than in 2016.

In a statement, ARJEL said: “These results are encouraging: they testify to the dynamism of the licensed operators and reflect the determined action of the regulator.

It’s our responsibility to make this market live and fight the illegal supply because it is the most protective for the market.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Las Vegas South Point Hotel and Casino to go down the road to renovation

Niji Ng

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The Las Vegas South Point Hotel, Casino and spa, which offers a 16-screen movie theatre, bowling alley, casino and full-service spa is all set to go down the road to renovation.

By unveiling a US$40 million remodelling plan for its Las Vegas property throughout the company’s three towers, the South Point Hotel Casino and Spa have set all its duck in a row. This comprises 2,049 rooms and 84 suites featuring new furniture, luxury flooring, crown moulding, mini refrigerator, and bathroom upgrades. The first phase of the redesign, scheduled to commence in April 2018, will be completed by September 2018.

The three-year project will refurbish one hotel tower each year and is estimated to be completed by September 2020. By the end of 2018, more than 630 newly-fashioned rooms will be available for guests at a US$10 upgraded room fee. The guest rooms offer a refreshed look, with new Bernhardt types of furniture such as beds, dressers, nightstands, chairs, sitting tables, and lounge chairs with an ottoman. In addition, the guest rooms will offer lamps with power and USB ports, functional desks for business executives, and a new colour palette.

In association with this new undertaking Ryan Growney, the General Manager of South Point Hotel, Casino and Spa said: “We live in a city that is continuously evolving, and we are always looking for opportunities to improve our guests’ experiences to set us apart from other properties. The last five years have consisted of a lot of exciting development projects that we strongly believe create a unique experience that only we can offer, and we are excited to unveil our new room upgrades, which we believe our guests will really enjoy.”

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Gambling in the USA

Accused of ravishment, Steve Wynn, who lost his face – to be replaced by Matt Maddox

Niji Ng

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Wynn Resorts board of officials finally gave a nod to its decision to replace the post of Steve Wynn, the former Chairman and CEO of American casino company Wynn Resorts, who stepped down prior to a few weeks, losing his face owing to sexual assault allegation.Consequently, Matt Maddox who has been the President of Wynn Resorts, since 2013 will take over as the new CEO.

In addition the company stated: “Pursuant to such registration rights agreement, Mr. Wynn may not sell during any quarter after the date of such agreement more than one-third of the company shares he holds as of the date of such agreement.”

Steve Wynn’s whose resignation will be completed by June, will leave his residence adhering to the agreement demands. Simultaneously he will not receive any severance or financial compensation.

The agreement also establishes that Wynn will provide reasonable assistance “in connection with any private litigation or arbitration and to the board of directors of the company or any committee of the board in connection with any investigation” related to his service.

Former employees of Wynn claimed he had displayed inappropriate sexual behaviour in front of them, while a manicurist told the Wall Street Journal that he forced her to have sex in his office.

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Sportingtech showcased their online gaming platform at ICE Totally Gaming

George Miller

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Sportingtech showcased their online gaming platform at ICE Totally Gaming
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The company offered an unrivalled CRM, a top notch CMS, Win-Win partnerships, bonus tools, flexibility and integration options as a part of a powerful back office

 

Lisbon, February 19th, 2018 – Sportingtech, the new online platform provider with world wide operations, was present for the first time as exhibitor at the ICE Totally Gaming show. The company’s team, with more than 15 years of experience, came up successfully with the presentation of its gaming solution and achieved important agreements to be developed this year in countries like the United Kingdom, Nigeria, Ghana and other regulated markets.

In the most important and biggest event of the igaming industry, the Pulse Sportingtech’s platform attracted a lot of attention due to its ability to combine sports, technology and betting into robust gaming business suite. Attendees gained insights into multi-management platform packed with risk, content and sportsbook management, with in-depth reporting, powerful CRM and CMS, complete modularity and flexibility in business, design and integrations.

We are very proud of ICE Totally Gaming’s results. It was three days of doing networking with stakeholders and operators and we accomplish an agenda full of meetings that are going to bring us interesting projects for 2018”, said Elvis Dzombic, Head of Business Development at Sportingtech.

ICE Totally Gaming is the only B2B gaming event that truly brings together the international online and offline gaming sectors. It is the annual launch pad for gaming innovation, with hundreds of new product launches over the three days.

If you could not come to the ICE, we are going to be at Betting on Football Conference in London on March 20th to 23rd on the booth 26. Feel free to meet us there and in the meantime, you can visit our website through this link.

About Sportingtech
Sportingtech is a gaming platform provider with unrivalled back office for successful online operation. It is a new player on the market established in 2017 with betting industry veterans and experts behind it.
The company, with offices in Portugal, Malta, UK and Uruguay, has world wide operations with access to regulated markets.

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