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World Cup win boosts online gambling industry in France

Niji Narayan

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Reading Time: 2 minutes

France’s World Cup win in Russia is fuelling a growth in gambling, if the data from national regulator ARJEL are any indication. ARJEL has published record sports wagering transactions in the second quarter.

As per the ARJEL reports, more than €1bn ($1.16bn) was spent for betting across 12 betting sites in the period, a substantial rise from €847m in the opening quarter of the year.

It is clear that the football World Cup is the obvious reason for this increase with punters shelling out €382m for betting on World Cup matches on various online platforms.

The winning run of France contributed much to this flurry of bets.

The French gaming giant Française des Jeux (FDJ) revealed that it received €333m in bets on the World Cup across its online and land-based businesses, just less than half of the €690m wagered in total across the country.

The final between France and Croatia, which France won 4-2, saw betting worth €67m across the sector, with FDJ’s €32m a record for bets on a single match.

Aside from financial figures, ARJEL reported that the World Cup helped to bring in a large number of new sports bettors.

A total of 960,000 new player accounts were created during the quarter, while the number of active player accounts per week climbed from 302,000 in Q2 of last year to 527,000 in 2018.

Meanwhile, away from the World Cup, ARJEL reported further gains in horse racing betting, with online wagers up 5 per ent year-on-year to €250m. This increase could have been higher had it not been for the World Cup, it said, as stakes fell 5 per cent during the first three weeks of the tournament.

ARJEL also reported gains in poker, with player accounts up 8 per cent to 246,000 and cash bet 9 per cent to €925m. Entry fees for online tournaments were also up 10 per cent year-on-year to €525m.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Compliance Updates

Maine Legislature Passes Sports Betting Bill

Niji Narayan

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Maine Legislature Passes Sports Betting Bill
Image Source: playusa.com
Reading Time: 1 minute

 

Maine legislature has passed the sports betting bill. The Legislative Document 553 was given final approval by each chamber of the legislature and will now pass to Governor Janet Mills to be signed into law.

LD553 opens up the market to all of the state’s bricks and mortar gaming venues, such as commercial racetracks, off-track betting facilities, and commercial and tribal casinos. It will also allow mobile operators to apply for licences without the need for a land-based partner in the state.

Successful applicants will have to pay $20,000 as licence fee, 10% tax on land-based wagering revenue and 16% rate for mobile wagering. The bulk of revenue raised through these taxes will be allocated to the Maine General Fund.

Operators will be permitted to offer odds on all professional, collegiate and amateur sports events. Betting on events involving Maine-based colleges and universities will be prohibited. Only citizens aged 21 and above will be allowed to bet.

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Latest News

Week 25 slot games releases

George Miller

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Week 25/2019 slot games releases
Reading Time: 3 minutes

 

MGA Games, the Spanish online casino slots provider, has launched its new adventurous game “Los 3 Deseos de Aladino.” The Triple View design, with ergonomic buttons and adaptive menus, make it easy for users to enter the game and help Aladdin and his monkey to find the genie’s lamp and face the sultan. “Los 3 Deseos de Aladino” includes four mini-games that entertain and motivate players to follow Aladdin on his adventures.

MGA Games- “Los 3 Deseos de Aladino”

 

The Smashing Biscuit, a rock and roll themed slot from PearFiction Studios, has joined Microgaming’s exclusive collection of casino slots. “We are delighted to add The Smashing Biscuit as the latest exclusive game to Microgaming. Bringing plenty of exhilarating excitement from the very first spin, The Smashing Biscuit offers an abundance of intuitive features, entertaining sound effects and an engaging storyline, and is set to bring players on a rewarding journey,” Jagoda Barber, Head of Games at Microgaming said.

The Smashing Biscuit -Microgaming

 

BF Games’ new slot Cosmic Dream™ takes players into space to explore the universe and the stars with astronomic wins to be collected. The game is set in a dream landscape and features a constellation of cosmic and mystical symbols such as moons, dream catchers, diamonds and elves that trigger free spins and bonus rounds. The 5×3 video slot has a medium volatility, offering plenty of opportunities for players to be rewarded as they spin the mystical reel.

BF Games’ Cosmic Dream™

 

Booming Games is proud to announce its latest game, Pirate Booty. Come and play now and experience high seas, barrels of rum and large chests of booty! There’s nothing as dangerous as a cornered Pirate; except 4 cornered pirates. And that’s why, in Pirate Booty, you’re paid 10 times your bet when you do corner them. “Why walk the plank when you can jump aboard and plunder booming amounts of pirate booty”, says Shane Cotter, Director of Product.

Booming Games - Pirate Booty

 

Play’n GO have issued another q­­­­uality title into the market today with the release of their latest slot Rise of Merlin. The 5-reel video slot is based around the infamous wizard of Arthurian legend but, interestingly, Play’n GO have chosen to base it on a younger, less experienced Merlin, as opposed to the aged all-powerful magician usually depicted in media. The game still remains faithful to the Merlin mythology featuring magical creatures from his various stories, including a great dragon and Archimedes the owl.

Play’n GO G with Rise of Merlin

 

High 5 Games (H5G), is raising a glass in celebration of its latest slot release, Beer Barrel Bash. The 5×4, 80 paylines slot is packed full of beer-filled steins and delicious giant pretzels and bratwurst, with a number of ways for players to guzzle up the huge prizes available during the fun-filled gameplay. The Oktoberfest-themed game features the supplier’s innovative Double and Triple Split Symbols, which increases the possibility of more symbols on a standard payline.

High 5 Games - Beer Barrel Bash

 

Tom Horn Gaming, is to introduce yet another exciting game jam-packed with adventure and engaging features, Inca’s Treasure. Set within the Lost City of the ancient Inca civilisation, players are challenged to spin the reels populated with attractive symbols to claim a host of lucrative prizes across the 20 win lines. The highlight of the game is the Inca’s Treasure Bonus Game that launches when players come across Inti, the Sun God.

 Tom Horn’s new slot Inca’s Treasure

 

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Bitcoin

Ofertas365 Launches Crypto Millions Lotto

Niji Narayan

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Crypto Millions Lotto Launches World's Largest Bitcoin Lottery
Reading Time: 2 minutes

 

Ofertas365 Limited has launched Crypto Millions Lotto, the world’s largest online crypto lottery. Crypto Millions Lotto provides a unique opportunity to play with Bitcoin and win Bitcoin as prizes. Customers will receive three free lines as an introductory offer. The jackpot starts at a whopping US$30 million and rolls over until it is won.

Crypto Millions Lotto effectively bypasses the qualifying requirements of residency and any need to participate in local currency, which are common playing conditions of many existing lotteries around the world. Key to Bitcoin’s appeal is the payment freedom it provides, whereby it can be sent and received anywhere in the world, any time.

One of the most significant features is the major step it represents in bringing the world’s most widely used alternative currency further into the mainstream.

“We are delighted to launch Crypto Millions Lotto and believe that giving away three chances to win prizes worth tens of millions of dollars will encourage Bitcoin usage and adoption. Our affiliation with two top notch fiat-to-crypto exchanges – Coinbase and Wirex – will ensure new players get the best possible user experience, the cheapest fees and the most competitive fiat-to-Bitcoin conversion rates,” Sulim Malook, CEO at Ofertas365 said.

For Bitcoin holders, starting to play for the coveted US$30 million jackpot is quick and easy. For those who need to buy Bitcoin, they are directed to market leading affiliate partners – Coinbase and Wirex.

“In common with our partners Ofertas365, Wirex also know about delivering a unique service. As the world’s only licensed business account that allows payments in both crypto and traditional currency, we are pleased to provide our service to Crypto Millions Lotto. Our UK Financial Conduct Authority approval will provide the financial security that players require. Wirex delivers unbeatable value, flexibility and transaction speed combining the efficiency of cryptocurrency payments with the universal acceptance of traditional fiat currency accounts, on a global scale,” Pavel Matveev, CEO of Wirex said.

These capabilities make a perfect match, as Ofertas365 is licensed to operate in more than 100 countries which include anywhere online gambling is not prohibited.

“We believe our lotteries and games will provide a great deal of enjoyment because it’s much more fun to win Bitcoin than fiat currency! We welcome further collaborations and partnerships that will expand and guarantee our offering,” Sulim Malook added.

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