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BETFAN enters and changes the Polish bookmaking market

George Miller

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BETFAN enters and changes the Polish bookmaking market
Reading Time: 3 minutes

 

BETFAN, which debuted on the Polish bookmaker market, wants to attract players with innovative solutions. In addition to the possibilities of betting on sports, live betting and esports, as the only firm in Poland offers a wide range of bets on entertainment, covering peri-sports topics, as well as from the area of media, politics, show business, economics or even the weather. BETFAN currently focuses exclusively on the Internet, and intends to gain a position through intensive, modern communication in this channel and a rich package of benefits for the players. Within the span of 3-4 years, BETFAN wants to be ranked among the 5 largest licensed bookmakers in the country.

“We want to change the perception of bookmaker bets. Therefore, we are not focusing solely on just sporting events and their results, we look closely to the surroundings and we try to offer our fans a variety of bets matching their various interests. With us you can bet on almost anything. In order to not to create additional barriers, we take on us payment of tax on games, and each new player can take advantage of the highest welcome bonus on the market, worth PLN 3,000” – explains Piotr Sienkiewicz, CEO of BETFAN.

BETFAN offers over 1.5 million different bets per month. According to the brand’s slogan: “You do not play, you will not win!”, wants to create the best possible environment in order to attract clients not used to betting before, to bet on selected events. Original and fresh content added on a daily basis, intuitive website betfan.pl with transparent modern design and straightforward UI/UX, as well as attractive promotions and financial incentives for the players, are the additional factors to build competitive advantage of BETFAN on the local market. What distinguishes this sportsbook from its competitors, are also innovative solutions used in the service of user accounts that enable simple and automated registration process using OCR technology, and guarantee fast payouts.

“We focus on continuous development of the offer and gaining an ever stronger position on the market. However, we do not want to follow the usual patterns, but through the modern forms of communication, speed, accuracy and professionalism, we want to provide the players with unique impressions and emotions related to betting on various events. We want to become the sportsbook of the 21st century on the Polish market” – comments Piotr Sienkiewicz.

In addition to the typical sports betting, BETFAN brings you the possibility to bet on such diverse and unusual events such as e.g. who will be the next James Bond after Daniel Craig? Will the Polish soccer champion finally advance to the group stage of the UEFA Champions League in the 2019/2020 season? Which car will be the European Car 2020? Will Donald Trump resign from the presidency during his first term? Who will host the Olympic Winter Games in 2026? In which city in June 2019 will be the most days with rain? Which organization is the first to send a man to Mars? Who will be elected the next Pope after Pope Francis? What will the turnout be in the upcoming European elections? Who will be the ruler of the Seven Kingdoms at the end of the 8th season of “Game of thrones”? And many, many more.

BETFAN started as the tenth entity in the Polish online bookmaking market. It is a company with 100% Polish capital, built on the basis of experienced management staff in the industry. Piotr Sienkiewicz, the president of the board, previously worked for ForBET and Totolotek. In the latter, he had the opportunity to cooperate with Grzegorz Kiczko, who is responsible for the operational activity of BETFAN. Jarogniew Muszyński, holding position of the head of IT, also gained experience in ForBET and Totolotek. The head of BETFAN marketing, Jakub Świsłowski, worked before for Onet, Agora and Polish Oil and Gas Company.

BETFAN has already proved its effectiveness and efficiency – it’s not only a bookmaker who the fastest obtained the permission from the Ministry of Finance, but then in the shortest period launched the activity – exactly within six months since obtaining a license. In the next of 3-4 years, wants to be ranked among the top 5 legal bookmakers in Poland turnover wise.

Central Europe

New Products Help Mitigate Fall of Gambling Revenue in Poland

Niji Narayan

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New Products Help Mitigate Fall of Gambling Revenue in Poland
Reading Time: < 1 minute

 

The new figures published by Poland’s finance ministry have revealed that while the gambling revenue decline for the year to date, newly regulated products helped mitigate the falls in online betting and land-based gaming.

The gross gaming yield projections provided by H2 Gambling Capital revealed that the total for the year to June 11 is expected to fall 9.5% from 2019’s figures. This is significantly lower than the 19.6% decline projected across all EU markets.

Poland’s lower projected decline was due to the development of newly regulated verticals such as online casinos and land-based arcades. Online casino revenue grew 96.7% for the year to June 11, aided by growth from Totalizator Sportowy’s Total Casino site.

Total Casino is Poland’s only legal online casino site which was launched in December 2018. The casino saw new player sign-ups grow significantly this year, according to the Ministry. This in turn took revenue from offshore sites, which saw casino revenue fall 25.0% for the period.

Total online revenue was up 0.3%, with a 14.2% decline in sports betting – during a period in which sporting events were suspended during the Covid-19 crisis – offset by growth in online casino and online lotteries (up 26.2%).

For the land-based sector, revenue across all verticals was down 13.1%, largely down to a 27.3% drop in casino yield and a 25.4% decline for betting. Number games such as lotteries saw gross gaming yield fall 8.6%. However, gaming arcades saw their contribution rise 41.4% over the period.

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Central Europe

TV games by TVBET now available at legal Polish operator forBET

George Miller

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TV games by TVBET now available at legal Polish operator forBET
Reading Time: 2 minutes

 

The leading content provider in the niche of live TV games TVBET has made it possible for players from Poland to wager on versatile products in a convenient way for them. Thus, the chosen 3 card games are now available at the forBET’s offering.

In this way, forBET, a legal sportsbook operating in Poland meets the expectations of local players that are characterized by a strong interest in card games online. The operator offers its clients very attractive odds values, thus obtaining market recognition. Its advantage is also a wide range of events and sport disciplines, which many traditional bookmakers can envy.

It should be noted that games by TVBET are added to the forBET website since June 17 and the players can now enjoy it. The latter includes 3 games as PokerBet, 21Bet, and War of Elements in its brand-new ‘Card Games’ section:

  • PokerBet a popular online game for betting punters with well-known rules of Texas Hold’em Poker. The game takes place in live mode without interruption around the clock;
  • 21Bet (or Black Jack) is one of the most popular card games around the world. The presenter (dealer) leads the game, commenting on the points scored by the imagined players and chances of winning or losing;
  • War of Elements a simple and fast card game between player and dealer. The presenter (dealer) welcomes players with each new draw.

Traditionally, all the content is streamed throughout the world from one point – TVBET’s modern studio. Notably, the prevailing part of employees there, like TV presenters or technical crew, are the Poles, since the studio is based in Warsaw, Poland. And that’s why forBet’s customers will definitely feel even more loyal to the product.

“As one of the largest bookmaking companies on the Polish market, we focus on innovation and user-friendly solutions since the beginning of our activity. We are very pleased to establish cooperation with TVBET, which allows us to offer players unique entertainment on the Polish market. We are convinced that the possibility of betting on the outcome of card games like poker, war or blackjack will be of great interest to our customers”, – said Pawel Majewski, Head of Marketing at forBET.

“In the near future, we plan several promotional campaigns related to the launch of bookmakers’ betting on the results of card games. We are convinced that they will appeal to our players who will find even more, even better entertainment on forBET”.

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Central Europe

Sazka Group Completes its Acquisition of Novomatic’s Casinos Austria stake

Niji Narayan

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Sazka Group Completes its Acquisition of Novomatic’s Casinos Austria stake
Reading Time: < 1 minute

 

Sazka Group has completed its acquisition of a 17.19% stake in Casinos Austria previously held by Novomatic Group. This sees Sazka increase its stake in the business to 55.48%.

“Together with our fellow shareholders, we are looking forward to increasing the value of Casinos Austria – a treasured national brand – for the benefit of customers, employees, and most importantly of all, Austrian society,” Robert Chvatal, chief executive of Sazka, said.

When the deal was announced, Sazka and Novomatic admitted that the joint control had not led to significant growth for the business and that it would be better served by a single leading shareholder. As Novomatic had a smaller stake, it agreed to sell this to Sazka.

This was followed by an agreement between Sazka and Österreichische Beteiligungs AG (ÖBAG), the body responsible for managing the Austrian state’s investment activities, to jointly manage Casinos Austria in March this year.

ÖBAG, which holds a 33.20% stake in the operator, had come under pressure from the Social Democratic Party of Austria (SPÖ) to exercise its right of first refusal over Novomatic’s stake, rather than allow it to be acquired by a foreign business. Instead, ÖBAG waived these rights.

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