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Italy sees rise in sports betting revenue in 2018

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Italy’s sports betting market witnessed a 10.5 per cent growth in revenue in 2018 compared to that of 2017.

The regulatory body of Italy, Agenzia delle Dogane e dei Monopoli (ADM), released the results, reporting that the industry generated €1.4 billion in 2018.

ADM also reports that betting turnover for last year reached the €10..9 billion mark, approximately €1 billion higher than 2017. The land-based sector also increased its revenue by 7 per cent in 2018 to €840 million.

While online betting registered a 16 per cent increase over 2017 to €643 million, it is a shy growth when compared to 2017’s total increase figure of 44.5 per cent, and in a year that did not have major sports tournaments such as the FIFA World Cup.

December’s results did not help the full number for 2018, as sports revenue decreased 55 per cent year-on-year to €96.4 million. Both the land-based and online verticals experienced a decline, the latter to €47 million or a 43 per cent decrease.

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: Italy sees rise in sports betting revenue in 2018

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Conquer the riches of the Lost City in Tom Horn’s new slot Inca’s Treasure

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Tom Horn Gaming, the leading online casino software and slot game supplier, 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. Just like all the other provider’s games, this 3 x 5 video slot with its stunning graphics, vibrant animations and exciting gameplay, ticks all the boxes to deliver an immersive player experience.

The highlight of the game is the Inca’s Treasure Bonus Game that launches when players come across Inti, the Sun God.  If 3, 4, or 5 of them fall off the reels, players are taken into the Inca pyramid where they’re invited to discover a generous range of free spins and multipliers hidden under the stones. Spins won during the bonus game are played after the game with a special Extra Wild doubling any wins during this feature.

Tom Horn is renowned for making use of superior technology for designing their mesmerising games and exploiting the most popular themes, which alongside superb visuals, sounds and features, always hit the spot. Inca’s Treasure is sure to follow suit when it’s released on 21 June to operators worldwide.

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: Conquer the riches of the Lost City in Tom Horn’s new slot Inca’s Treasure

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NSoft strengthens partnership with 12BET

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NSoft and 12BET have extended their partnership with NSoft’s PreMatch Betting MTS. 12BET is an online gaming brand that specializes in providing Sports Betting and Casino products and services in multiple languages across European and the Asia Pacific. At this point, PreMatch Betting MTS has been released in retail while the additional channels are to follow shortly.

Through Pre-Match MTS, risk-free Sportsbook software, NSoft offers the Managed Trading Services solution driven by Life Cycle of Odds feed that includes in average 30.800 events from 60 different sports monthly, together with corresponding odds and results, in a turnkey format solution.

To find out more on NSoft`s offer visit NSoft´s web or contact Sales team at sales@nsoft.com.

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: NSoft strengthens partnership with 12BET

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Twitch Acquires Bebo

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Twitch, the live streaming video platform has acquired Bebo. Through the acquisition, Twitch has picked up both the 10-person staff and IP of the social network turned esports company.

The esports-focused chapter of Bebo’s legacy is what Twitch is interested in. The company has been building up its own esports event presence through its Twitch Rivals series, and its acquisition of Bebo serves to further those efforts.

Bebo got its start in 2005 as a MySpace and Facebook competitor but, after a turbulent run that included multiple acquisitions and an eventual bankruptcy, rebranded itself as a streaming service provider similar to an esports-focused Xsplit, and then moved into organising esports tournaments for live streams.

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: Twitch Acquires Bebo

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