Connect with us

Central Europe

Contrasting trends in 2017 Czech gaming market figures

Published

on

Contrasting trends in 2017 Czech gaming market figures
Reading Time: 2 minutes

The 2017 Czech market figures were published last week, revealing some contrasting trends.

It was surprising to an overall minimal revenue gain in the gaming market, despite the strong rise in online gambling revenue of over 50 per cent.

Czech Ministry of Finance figures for 2017 indicated total revenues of CZK39.8b (US$1.77b), a gain of 1.1 per cent from 2016 in the face of overall spending on gambling rising 14.1 per cent to CZK224b.

The gains in online gaming nonetheless did not translate to overall gains for the Czech Republic, which began allowing and regulating iGaming in the country with the revision of the country’s gambling act in 2016.

The Online Contribution

The fact is online gambling jumped 56 per cent year-on-year to CZK8.3b ($370m), responsible for a contribution of more than one-fifth of the overall gaming market in the Czech Republic.

The vertical contributing most heavily was fixed-odds sports betting, which saw a total rise in 217 of nearly CZK1b to reach just short of CZK6.2b.

The next largest contributor on the pole for 2017 was online casino, which brought in just over CZK2b to the Czech market, with live casino third at a CZK120m contribution.

Online lotteries brought in CZK276m, compared to a decline in the contribution of land-based lotteries down CZK500m to CZK6.1b.

Conflicting Disincentive

The relative lack of gains from the overall sector may have to do in large part to some changes made in the Czech market structure that took effect January 1st of 2017. The updates imposed stiff taxes on foreign licensees, resulting in many operator withdrawals who were discouraged by new individual vertical taxes of 23 per cent on sports betting, and 35 per cent for slots, compounded by a 19 per cent corporate tax and further new restrictions on online bonus offers.

Outlook

The Czech government is claiming a healthy purge of up to 90 per cent of illegal operators, but if they want to keep this purge from claiming more legitimate licenced operators on the ledger, they will have to find a way to ease restrictions on foreign operators to add more revenues and streams to the overall till. Let’s hope the operators that began trickling back at the end of 2017 have found more hospitable conditions in 2018.

 

Source: onlinecasinoreports.com

Advertisement

Kasynos.Online




PINUP CASINO

Central Europe

Amelco to expand European footprint with new Hungary tech centre

Published

on

Amelco to expand European footprint with new Hungary tech centre
Reading Time: < 1 minutes

 

World-class platform provider establishes new hub to expand capabilities

Amelco, the leading sports betting and platform supplier, has announced its recent creation of their new office-space in Hungary, in a move that will extend its ability to service its clients across global markets.

The move marks a positive step towards Amelco broadening its presence within Europe, with its tech hub set to attract local developer talent as well as being its latest base for Central European operations.

Now marking its second CEE development office alongside an establishment in Warsaw, Poland, Amelco’s location in Pécs will enable the platform provider to strengthen its front-end delivery teams by providing a centre of excellence to train its tech teams across global locations.

The provider expects its latest expansion to be the first of many developments in the country, with Amelco’s Hungarian teams having already proven integral to the creation and delivery of multiple successful projects across global markets.

Commenting on its Hungary expansion, Amber Walton, Business Development at Amelco, said: “As Amelco continues to grow from strength to strength across multiple regions, territories and the US, we are always on the lookout for opportunities to broaden our teams and skill sets.

“By opening our latest location, we’re set to create an additional hub to add to our global portfolio of tech centres. The Hungarian team consistently plays a crucial part within the delivery side of Amelco’s most successful customer-facing projects and we’re very impressed with the pivotal role they have played so far.

“Over the next 12 months we plan to hire across a myriad of roles and experience levels in order to drive and sustain a well-balanced centre of excellence.”

Continue Reading

Central Europe

Mindway AI and the DSWV offer self-testing through AI

Published

on

Mindway AI and the DSWV offer self-testing through AI
Reading Time: 2 minutes

 

For the nationwide day of action against gambling addiction 2023, the German Sports Betting Association (DSWV), in cooperation with Mindway AI, is providing a self-test on its homepage that gives players the opportunity to have their gambling behaviour analysed.

Rasmus Kjaergaard, CEO of Mindway AI, explains the principle: “Gamalyze analyzes the game behavior under real-world conditions, namely while the player randomly draws cards with which he either wins or loses money. Even if it’s just play money, the personal risk of risky gambling behavior can be determined much better than with classic questionnaires.”

At the end, players receive a score, an assessment of their risk behavior and actionable tips on their gambling behavior: For example, setting a budget, taking a break or using winnings to treat themselves. Based on neuroscientific findings, Gamalyze analyzes how players react to certain stimuli – such as temporary losses or gains.

For millions of people in Germany, gambling is a harmless leisure activity. Sports betting, in particular, has arrived in the middle of society and is an integral part of the sports experience. But gambling also carries risks: a very small proportion of consumers can develop gambling behaviour that is questionable or even problematic. Gambling addiction is a serious issue and the gambling providers licensed in Germany are always breaking new ground in order to detect an imminent problematic gambling behavior among their customers at an early stage and to take preventive action against it.

“The DSWV is always working with its members and partners to make legal gambling more attractive for customers,” says Mathias Dahms, President of the DSWV. “The fun of the game is what unites us all. Player protection is a central component of this. We are pleased that we can improve player protection in Germany together with Mindway AI and now also make a self-test available to players and interested persons on our homepage.”

Innovation in the gambling industry does not only take place in the gambling offerings. Gambling, which is becoming increasingly digital, also offers new and effective tools in the area of player protection. One of the world’s leading companies in this field is the Danish company Mindway AI, a partner of the German Sports Betting Association. In addition to software for the early detection of problematic gambling behavior, it offers Gamalyze, a neuroscience-based self-test of decision-making in gambling. In this way, the personal risk for risky gambling behavior can be identified in a scientifically sound and playful way.

Mathias Dahms is convinced: “Gambling has never been as safe for customers in Germany as it is today in the legal market. The gambling and sports betting industry is a driver of innovation in many digital areas – including gambling addiction prevention.”

Continue Reading

Central Europe

FeedConstruct Extends Partnership with Czech Handball and Expands Content Portfolio

Published

on

FeedConstruct Extends Partnership with Czech Handball and Expands Content Portfolio
Reading Time: 2 minutes

 

FeedConstruct, a noted real-time data and digital content provider, is excited to announce the extension of its partnership with the Czech Handball Men’s Extraleague. This updated partnership comes with a significant expansion of content offerings, enriching the handball experience for fans worldwide.

According to the partnership, besides Czech Handball Men’s Extraleague, FeedConstruct will now also cover Czech Handball Men’s Cup and Women’s Cup matches, starting from the quarter-final stage of these prestigious tournaments. This promises to bring more thrilling handball action and insights.

Here’s a quick overview of the key details:

  • Tournament Schedule: The Czech Handball Men’s Extraleague runs from August 31 to May, while the Czech Handball Men’s Cup and Women’s Cup take place from September to March.
  • Exclusive Coverage: FeedConstruct will hold the exclusive data coverage rights for the Czech Handball Men’s Extraleague and both video and data rights for the Czech Handball Men’s Cup and Women’s Cup.
  • Number of Teams: The Men’s Extraleague features 13 teams, while the Men’s and Women’s Cups include 8 teams each from the quarter-final round.
  • Extensive Match Coverage: The upcoming season will witness an impressive lineup of over 200 matches for the Men’s Extraleague and a total of 14 exciting matches for the Men’s and Women’s Cups.

Czech Handball is getting ready for the 2023/24 season, which promises some intense competitions. Teams are not only trying to win local championships but also looking to qualify for international tournaments like the EHF Europa League and European Cup. In the men’s competitions, watch out for Talent Plzen, the current champion, and HCB Karviná, who have won 12 times. In the women’s matches, Slavia Prague is ready to challenge Banik Most, the three-time CZ Handball Women’s Cup winner. It’s going to be an exciting season with lots of competition!

With this partnership prolongation and expanded content, FeedConstruct looks forward to delivering an enhanced and immersive handball experience.

Continue Reading
Advertisement

GambleDex

Advertisement
EveryMatrix


Trending

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2023 - European Gaming is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.