Connect with us
SIS

Press Releases

NetEnt appoints interim CFO

George Miller

Published

on

NetEnt appoints interim CFO
Reading Time: < 1 minute

September 3rd 2018NetEnt —  leading provider of digital casino solutions, today announces that Lars Johansson has been appointed interim CFO.

The CFO role at NetEnt has been vacant since Therese Hillman was appointed Group CEO on May 22, 2018. Lars Johansson starts the assignment as interim CFO of NetEnt today, September 3.

Lars Johansson has more than 30 years of experience from numerous management positions in various sectors, in both public and private companies – most recently from Ratos AB – where he held the position as Senior Investment Director and prior to that as acting CEO. Some of his previous positions include CFO of Swedavia AB, CFO/COO of TV4 Group AB and CFO/COO and acting CEO of Orc Software AB.

 

For additional information please contact:

Therese Hillman, Group CEO, NetEnt
Phone: +46 8 57 85 45 00
[email protected]

 

This information is information that NetEnt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8:45 a.m. CET on September 3, 2018.

 

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ Stockholm (NET–B) and employs 1,000 people in Malta, Stockholm, Kiev, Krakow, Gothenburg, Gibraltar and New Jersey www.netent.com

eSports

A Portrait of the Typical Esports Bettor, by LOOT.BET

George Miller

Published

on

A Portrait of the Typical Esports Bettor, by LOOT.BET
Reading Time: 3 minutes

 

Who exactly is the typical esports bettor? Do they also bet on traditional sports or gamble at online casinos? What kind of work do they do and what interests do they have? How much and how often do they bet? To succeed in the esports betting industry, it’s crucial to understand esports bettors, so specialist esports bookmaker LOOT.BET has put together a portrait of the typical esports bettor, based on extensive research. 

Esports bettors are young, career driven, and single

Like the esports audience in general, esports bettors tend to be young. The vast majority, some 78% of LOOT.BET’s users, are aged 18-25, while 16% are 26-30, just 5% are 31-40, and a mere 1% are 41 or older. Curiously, bettors from Western countries tend to be a little older, at an average age of 24, than the CIS where the average is just 21.

In terms of occupation, the typical esports bettor from the West tends to be a novice specialist or a junior manager, while the average esports bettor in the CIS region is a university student. In both cases, they are unmarried and have no children.

Perhaps unsurprisingly, the vast majority of esports bettors are male – making up some 95% in 2018. However, it is possible that things are starting to change, with females growing from 5% in 2018 to 6% in 2019.

Esports bettors have little interest in traditional gambling

According to LOOT.BET’s research, 64% of esports punters bet exclusively on esports, and 67% are open to betting on more than one esports discipline. However, only 24% of esports bettors occasionally wagered on major sporting events, and just 12% bet on traditional sports systematically.

Also, esports bettors, being younger, are far less likely to gamble at online casinos than traditional sports punters – who tend to be significantly older. Illustrating this, as little as 3% of esports bettors regularly try their luck at online casinos, and only 20% even enjoy an occasional gamble. The vast majority, some 77%, say they are not interested in such kind of gambling at all.

Esports bettors are clued up, engaged, and passionate

Esports bettors are very clued up, with almost all of them following industry news. 54% use dedicated news sites and forums, 42% prefer social media, but just 4% don’t feel the urge to keep abreast of esports events and updates.

In terms of lifestyle and interests, typical esports punters are very engaged with non-esports video games, regularly follow various streams, and love cosplay. They are also very switched on to video and music content, tend to follow sports (especially football), and are often techno-geeks with a passion for travel and social media.

Discussing the findings, Paul Brel, Head of Communications at Livestream, LOOT.BET’s operating company, explained:

“The difference between esports bettors and traditional bookmakers’ clients is huge, and the matter is not just – and not even so much – in the age gap which in itself implies certain distinctions.

“Esports fans breathe cutting-edge technologies; they are very mobile, yet so involved with the community; they are more likely to rely on their knowledge and skills rather than on luck; for them, esports is not just a hobby but a lifestyle – which you wouldn’t say about a regular classic sports bettor. We believe that only those operators who understand this and try to find an approach to this specific audience, which is very new to the betting industry, have a chance to succeed in the esports betting market.”

Esports bettors love live and love mobile

In terms of esports betting trends, LOOT.BET is seeing the rapid growth of live betting and the continued migration from desktop to mobile devices. To give a sense of the shift, over the course of 2019 the share of live bets jumped from 52% to 75%, while mobile traffic rocketed from 50% to nearly 70%.

Esports bettors are spending more money, more often

Another clear trend is esports punters betting more money, and betting more frequently. In 2019 the average number of bets per user, per month, across all disciplines increased by 11%. The title seeing the biggest increase, at 15%, was Counter-Strike: Global Offensive, while the other games from the “big three”, League of Legends and Dota 2, registered increases of 10% and 6% respectively. Bet size over the year increased even more dramatically – 20% across all disciplines, breaking down to 24% for League of Legends, 22% for Counter-Strike: Global Offensive, and 15% for Dota 2.

“We associate the simultaneous rise in the frequency and size of bets with several factors. Firstly, esports betting is becoming a key hobby, on which one is ready to spend significant money, for more and more people. Secondly, the esports audience’s trust in betting is increasing, and so is their willingness to risk larger sums.

“And naturally, the rise is determined by the extension of the noteworthy matches pool and development of betting lines – which refers to the whole esports betting industry. There is a bold assumption that in 10-20 years, esports will catch-up with classic sports by volumes of bets, and, considering the foregoing as well as the fast esports audience expansion, we treat this forecast as an eligible one”, commented Paul Brel.

The research is based on LOOT.BET’s internal statistics and an email poll of customers.

Continue Reading

Industry News

Slotegrator Forges a New Partnership With Betsolutions

George Miller

Published

on

Slotegrator Forges a New Partnership With Betsolutions
Reading Time: < 1 minute

 

Game developer Betsolutions brings board games, slots, and their own range of provably fair titles to Slotegrator’s offering.

Online casino software provider Slotegrator has announced a new partnership with game developer Betsolutions. All of Betsolutions’s slots and other casino games will now be available through Slotegrator’s API protocol.

Founded in 2016, Betsolutions’s goal is to create authentic, omnichannel gaming experiences focused on player satisfaction, with a special emphasis on provable fairness and the social aspect of gaming. The company is active in the European and CIS markets and licensed in the UK, Italy, and Malta.

In addition to online slots, Betsolutions offers a series of provably fair games featuring fast gameplay, great UI, and network chat capability. Some of the most popular titles in this series include Zeppelin, High-Low, and Dice. The company’s diverse game content portfolio also includes casino board games like Backgammon, Dominoes, and Seka, a simplified version of poker, as well as the slots Underground Tuning, Captain of Pirates, the Mystery of Faberge, and Drunk Santa.

Since the company’s foundation in 2012, Slotegrator has been one of the iGaming industry’s leading software solution providers and aggregators for online casinos and sportsbooks. Headquartered in Europe with a strong presence in the CIS market, Slotegrator is consistently expanding its product offering, which includes online casino platform and white label solutions, a vast portfolio of casino games from the world’s best slot game developers, live dealer games and virtual sports, payment processors for online gambling projects, licensing services, and much more. The mission of the company is to facilitate the growth of the iGaming industry ecosystem through acting as an intermediary to bring together various pillars of the industry.

Continue Reading

Press Releases

Booming Games presents of Arabian Spins

George Miller

Published

on

Booming Games presents of Arabian Spins
Reading Time: < 1 minute

 

“It’s time to dust off the old magic carpet, as Booming Games goes classic with the release of Arabian Spins”, says Shane Cotter, Booming Games’ Director of Product. “This low volatility 3×3, 10 payline slot, showcases the best of old-school features., and is sure to be a firm favourite with your entire player base”.

Join our protagonist and his monkey sidekick as they endeavour to collect as much gold and diamonds as possible.

Catch the magic carpet to multiply your wins sevenfold; or trigger 10 retriggerable Two Way Pay spins by landing 3 Diamonds anywhere on the reels. And as if that wasn’t enough, any Diamonds you land will also act as wilds, again helping to make for the best possible player experience.

Meanwhile, if you land the Genie’s Lamp, 3 instances in a screen result will trigger 10 Free Spins, while at any time you can land a magic carpet on the 2nd reel, awarding a 7x multiplier on all wins.

With a 96.55% RTP, this game has everything the classic slots player could want.

 

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

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