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Italy’s online gambling results show improvement after post-World Cup slump

Niji Narayan

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Italy’s online gambling results show improvement after post-World Cup slump
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Italy’s regulated sports betting market has shown signs of improvement after the mild dip it suffered after the heightened betting activity during the football World Cup.

As per the figures published by Italian gaming affiliate Agimeg, combined retail and online sports betting revenue in August touched €111.4m, a rise of 34.4 per cent over the same month last year and down only slightly from the €114.3m recorded in July.

Online wagering accounted for just under €50m in July, up 27.8 per cent year-on-year, with Bet365 claiming a 17.1 per cent share, followed by runner-up SKS365 (14.9 per cent) and Playtech’s new Italian toy Snaitech (10.5 per cent). For the year-to-date, online betting revenue is up 41.5 per cent to €411.4m.

The retail betting throne was claimed by the new Gamenet/Goldbet combo, which claimed 18.7 per cent share. Snaitech was not far back with 16.5 per cent and GVC Holdings’ Eurobet brand ranked third with 14.7 per cent.

Virtual betting generated revenue of €20.5m in August, €19m of which came via retail outlets. For the year-to-date, virtual betting revenue totals €170m, of which €157.5m was retail-derived. Gamenet/Goldbet also led this vertical with an even more dominant 27.5 per cent share.

August’s online casino revenue shot up 26 per cent year-on-year to €56.5m, with The Stars Group’s PokerStars’ brand claiming top honours with a 9.7 per cent share. Lottomatica ranked second with 8.9 per cent and Sisal claimed third with €8.4 per cent. For the year-to-date, online casino revenue is up over €100m year-on-year to €458.8m.

Online poker played contrarian in August, as cash games revenue fell 6.9 per cent to €4.8m while tournament fees were down 5.9 per cent to €5.6m. PokerStars claimed a 42.1 per cent share of cash games revenue and a 64.8 per cent slice of the tournament take.

For the year-to-date, cash games revenue has fallen nearly €2m to €44.1m, while tournaments are essentially flat at around €55m.

All eyes will be on Italy’s market in the coming months to gauge the impact the country’s new ban on gambling advertising and sponsorships.

 

Source: calvinayre.com

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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eSports

Parimatch Partners With Team Spirit

Niji Narayan

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Parimatch Partners With Team Spirit
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Bookmaker Parimatch has announced a six-month partnership with the esports organisation Team Spirit.

As per the deal, Parimatch will support teams from across the organisation, including Dota 2 and CS:GO. Parimatch logo will appear on the players’ uniform, and the bookmaker will also be featured across the social networks of Team Spirit.

“Our company operates in the key markets in the CIS, so partnering with Team Spirit is a natural fit. The teams include well-known players, and we do not doubt the success of the dragon squads in the regional and international arenas. We value a systematic approach, competence during negotiations and dedication to eSports. We have already received exceptional support from the organisation’s management, and look forward to a close and productive partnership,” Stepan Shulga, Head of Esports at Parimatch said.

“Parimatch is undoubtedly the best bookmaker in the CIS market for eSports, and we are proud to work with them. When choosing a partner, we always pay special attention to the status of the company and its relationship with our audience. We are excited to partner with Parimatch, and I am sure that we will have a long and fruitful co-operation. Cheer on Team Spirit with Parimatch!” Nikita Chukalin, GM of Team Spirit said.

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Compliance Updates

German State of Lower Saxony Issues First Federal Payment Blocking Order

Niji Narayan

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German State of Lower Saxony Issues First Federal Payment Blocking Order
Photo Source: spokesman.com
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As a part of the efforts to drive illegal igaming business from the country’s market, the German state of Lower Saxony (Niedersachsen) has issued an international payment service provider with a blocking order. The companies have been banned from doing business with operators offering online casino, poker and lottery betting in Germany.

“[The] pressure is now on other payment providers to reorganise their businesses processes related to illegal gambling, if they have not already done so. Online casino is no trivial matter. [It is] banned by the State Treaty on Gambling and [offering such products is] a criminal offence. In the meantime, however, it remains a billion-Euro market,” Boris Pistorius, Minister for Home Affairs and Sports said.

The Niedersachsen Ministry of Interior handed the responsibility for implementing payment blocking controls. Its blocking orders are effective across all German states. The Ministry also sent warnings to a number of other payment service providers over links to illegal gambling. Some of these companies have already responded by ceasing to power transactions for offshore sites.

“The successful interactions with some payment service providers shows that our approach is quite effective,” Pistorius added.

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Industry News

Greentube revolutionising iGaming integrations in 2019

George Miller

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Greentube revolutionising iGaming integrations in 2019
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With nJoin, Greentube has reduced the integration of its games into partner platforms from months to a few days, while providing a simple, interactive and transparent integration process. The tool enables B2B partners to quickly build up a knowledge base about Greentube’s games and platform features, launch and play its games as well as integrate, debug and fix issues on the fly. The tool is designed in a way that best fits the needs of Greentube’s B2B partners integrating its games into their platform.

Amir Gharani, Head of Games Integration at Greentube: “nJoin was a vision on paper last year, now it is a reality. Game integrations have never been easier and it’s amazing to see feedback from the operators on how easy, effective and transparent the integrations have become for them with nJoin. In addition, this project would never be completed without having such a team of highly talented and inspiring specialists. Greentube is on a mission to establish itself as the world’s leading B2B game provider and nJoin is an essential part of that journey.”

Michael Bauer Greentube CFO/CGO: “Our strategy is to continuously expand throughout Europe and the Americas. nJoin will be a catalyst in reaching our goals as future integrations will be more efficient and faster for both us and our B2B partners. I want to congratulate the team who did an amazing job from creating the concept until implementation. It is the first step in a series of innovations and improvements which we are planning to implement moving forward. Watch this space for more to come.”

The core features of nJoin are its test suites, which guide users through the implementation of any and all B2B interaction between Greentube and its partners. Easy bug fixing is facilitated though immediate feedback from the built-in diagnostic tools. At the end of the integration, the operator is able to run all automated test cases from start to end and will be provided with an overview on which tests have passed and which not.

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