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iGaming Market keeps growing in Spain

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Spain’s revenues of the online gaming market, or GGR, for the first quarter has touched 163.3 million euros. The figure, while drop of 5.69 per cent when compared to the just previous quarter, is an increase of 28.85 per cent when compared to that of the corresponding period in 2017.

This is shown by the data published by the Directorate General for the Regulation of Gambling (DGOJ), in its report on the online gaming sector, which also indicates that the betting segment has a growth rate over the same quarter of the previous year of 15.89 per cent, with some restraint compared to what was experienced in previous years (20.38 per cent in 2015, 30.33 per cent in 2016 and 20.48 per cent in 2017).

The growth is due exclusively to the counterpart sports bets, both conventional bets that grow 13.35 per cent, and live bets with growth of 18.84 per cent.

Bingo has also experienced growth this quarter with an annual variation rate of 29.87 per cent. This keeps the trend that began in 2016, a quarter in which there was a 9.80 per cent growth that remained in 2017 with a growth of 23.10 per cent.

In the casino segment, the highest growth occurred in the first quarter of 2018 with an annual variation rate of 51.02 per cent. This situation occurs since 2015 with annual growth rates in the first quarter of 38.62 per cent in 2015; 105.04 per cent in 2016; 49.00 per cent in 2017. This growth is mainly due to the behaviour of the machines of chance since its launch in production in 2015 and has led to increasingly higher market shares of the casino compared to the rest of the segments.

Competitions experience a drop of 80.20 per cent in the annual variation rate. This segment exhibits an irregular behaviour with annual variation rates in the first quarter of −47.91 per cent in 2015; 88.53 per cent in 2016; −37.83 per cent in 2017. The overall result is that the market share of the competitions with respect to the rest of the segments is decreasing.

The poker presents this first quarter behaviour somewhat different from previous years, since with an annual variation rate of 41.59 per cent for the first time achieved a growth close to the rest of the games. This seems to reverse the downward trend of previous years already weakly started in the first quarter of 2017 (the annual variation rates in the first quarter were −5.00 per cent in 2015, −12.03 per cent in 2016, and 2. 51 per cent in 2017).

In all the years a better behaviour of the tournament poker is observed than of the cash poker. In this first quarter there was a positive rate for the first time in both the cash game (29.95 per cent) and the tournament game (50.23 per cent).

Marketing spending in the quarter was 76.26 million euros, with an annual growth of 35.79 per cent and broken down into affiliate expenses € 6.26 million; € 3.16 million sponsorship; promotions 25.39; and advertising € 41.45 million.

The monthly average of active users is 796,331, which implies a growth of 24.36 per cent with respect to the same quarter of the previous year. The monthly average of the new registers is 267,856 users, with an annual growth of 27.87 per cent.

Source: 5star.media

Source: European Gaming Media and Events

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great SuccessReading Time: 1 minute

 

The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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New York State Lottery Reports Record Revenues for the 2018 Fiscal YearReading Time: 1 minute

 

The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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Spillemyndigheden Introduces Whistleblower Scheme

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Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

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