UK operators to implement TV betting ad ban from 2019

first_img UK betting operators have agreed to implement a voluntary ban on gambling advertising during pre-watershed live sport broadcasts from summer 2019.The measure, announced by the Industry Group for Responsible Gambling (IGRG), will be added to the Gambling Industry Code for Socially Responsible Advertising, and means no gambling advertising will be shown from five minutes before a sporting event begins, and five minutes after the event finishes.Additional measures such as an end to betting adverts around highlight shows and re-runs, and an end to pre-watershed (9pm) bookmaker sponsorship of sports programmes will also be added to the code.These changes, which effectively stop betting adverts from being shown in commercial breaks during televised live sport, are expected to be added to the Code in January next year, then come into force six months later. Exceptions have been made for horse and greyhound racing programmes.“Today the gambling industry is responding positively to public concerns about the amount of gambling advertising on television before the watershed,” IGRG chair John Hagan said.“We believe that these new voluntary TV measures, which have been approved by the trade associations representing every sector of the gambling industry, will drastically reduce the amount of gambling advertising on television and they complement the strict controls that already govern gambling companies around advertising on digital platforms,” Hagan explained. “We believe that this is itself a watershed moment as we strive to provide the ever,safer gambling environment which gambling consumers and the wider public expect, and which is so important to the future success and sustainability of our industry.”The Gambling Industry Code for Socially Responsible Advertising, which was first introduced in 2007, already prohibits online casino advertising before the watershed and requires all gambling adverts on television to carry a responsible gambling message.The ban was welcomed by Culture Secretary Jeremy Wright, who praised the industry for “stepping up”.“It is vital children and vulnerable people are protected from the threat of gambling-related harm,” he added. “Companies must be socially responsible.”Neil McArthur, chief executive of the Gambling Commission said it was important the industry is seen to respond to public concerns.“Today’s announcement is a significant step forward in demonstrating that this is an industry that is starting to listen to its customers and the wider public,” he said. “Importantly, it also demonstrates the value of collaborating across companies and across sectors to make gambling fairer and safer. I hope that this can be used as a model for future industry action to reduce and prevent harm.” UK operators to implement TV betting ad ban from 2019 Marketing & affiliates AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 13th December 2018 | By contenteditor Subscribe to the iGaming newsletter Topics: Marketing & affiliates Sports betting IGRG confirms ‘whistle-to-whistle’ advertising ban to come into effect after week of speculation Email Addresslast_img read more

Tennessee sports betting bill faces online-only amendment

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 20th March 2019 | By contenteditor A bill that would legalise sports betting in Tennessee has been amended so that only online sports wagering would be permitted. Representative Rick Staples had originally proposed also opening shops similar to sportsbooks. A bill that would legalise sports betting in Tennessee has been amended so that only online sports wagering would be permitted in the state.Introduced in January by Representative Rick Staples, HB0001 originally set out plans to open shops similar to sportsbooks in Tennessee, in addition to internet betting services.However, after discussion this week in the House’s State Committee, Staples has opted to remove land-based sportsbooks from the bill and instead focus on an online-only market. Wagers would also be permitted via an approved mobile platform.Should the bill come into law, Tennessee would become the first state in the US to offer only internet sports betting to consumers. New Jersey is currently the only state to have both legal land-based and online sports wagering service available.The Tennessee Sports Gaming Act also includes measures that would see licence-holders pay tax at a rate of 10% on adjusted gross income.Licences to offer legal sports betting in Tennessee would cost operators $7,500 (£5,680/€6,600). A separate licence would be required for each sportsbook in the state.Consumers would need to be at least 21 years old to place a sports bet and also be physically located inside the state’s boundaries.Staples has also proposed establishing a new Tennessee Gaming Commission to supervise compliance with sports wagering laws in the state.The House’s State Committee is due to discuss the bill again on March 26.Image: Famartin Topics: Legal & compliance Sports betting Legal & compliance Tags: Online Gambling Regions: US Tennessee Subscribe to the iGaming newsletter Tennessee sports betting bill faces online-only amendment Email Addresslast_img read more

GiG secures Romanian affiliate marketing licence

first_img Subscribe to the iGaming newsletter 3rd July 2019 | By contenteditor Regions: Europe Central and Eastern Europe Romania Gaming Innovation Group (GiG) has secured a new licence to begin offering its affiliate marketing services in the regulated Romanian gambling market. Tags: Online Gambling Gaming Innovation Group (GiG) has secured a new licence to begin offering its affiliate marketing services in the regulated Romanian gambling market.The Class II licence, issued by the National Gambling Office (ONJN), will enable the GiG Media Services division to refer traffic to both online casino and sportsbook operators that hold licences to operate in the country.The Media Services arm operates GiG’s media assets, publishing and paid media teams, and GiG has said the launch in Romania will enable the vertical to take advantage of its proprietary technology.The operator has also said that securing the new Romanian licence fits in with its ongoing strategy of expanding into regulated markets around the world.“We are expanding into another regulated market where we will be able to utilise the full range of marketing channels available across both the sports and casino verticals,” GiG chief operating officer, Richard Brown, said.“Romania is still a developing market and with good projected underlying growth in the online sector which has accelerated in the last couple of years.”Confirmation of the Romanian permit comes after GiG this week also secured two new licences in Spain, covering both its online casino and sports betting activities.In January, the Romanian government introduced a new 2% monthly turnover tax for online gambling operators licensed in the country. The new tax has been imposed in addition to existing licence and authorisation requirements.Image: Sorina Casino & gamescenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Legal & compliance Marketing & affiliates Sports betting Companies: GiG GiG secures Romanian affiliate marketing licence Email Addresslast_img read more

Playtech BGT Sports smashes Wimbledon turnover record

first_img iGaming solutions giant Playtech has revealed that its Playtech BGT Sports (PBS) omni-channel sports betting business processed a record number of bets during this year’s Wimbledon tennis championships. Sports betting Email Address Tags: Mobile OTB and Betting Shops Subscribe to the iGaming newsletter iGaming solutions giant Playtech has revealed that its Playtech BGT Sports (PBS) omni-channel sports betting business processed a record number of bets during this year’s Wimbledon tennis championships.Punters wagered more than £9m (€10.0m/$11.2m) across all PBS channels during the tournament, up 50% on the previous year.Mobile proved to be the platform of choice for consumers, with PBS noting year-on-year growth of 300% in terms of turnover.PBS noted that mobile was boosted by its BetTracker app, which allows users to place a bet at in-person via a self-service betting terminal (SSBT) and track its progress on mobile, with the option to cash out.“While our continued growth in bets taken on our SSBTs come as no surprise, the exponential growth in popularity of our mobile-based betting was ace and knocked our forecasts out of the court,” PBS senior commercial director, Lee Drabwell, said.“BetTracker and similar products continue to improve both user experience and operator revenues. By continuing to bring technology that is now routine online into retail estates for the first time, we are seeing greater customer adoption and the benefit of significant increased revenues for our operators.”Wimbledon 2019 ran from July 1-14, with Novak Djokovic claiming victory in the men’s single event and Simona Halep winning the women’s singles competition.center_img 26th July 2019 | By contenteditor Playtech BGT Sports smashes Wimbledon turnover record AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Sports bettinglast_img read more

FSB secures £23m investment to power future growth

first_img Topics: Sports betting Tech & innovation Sports betting solutions provider FSB Technology has secured a £23m (€25.1m/$28.0m) growth capital investment from Canadian venture capital fund Clairvest Group, with the money to be used to pursue growth opportunities in regulated markets.Clairvest, alongside its Clairvest Equity Partners V (CEP V) fund, has the option to invest a further £4m in the business, provided certain, undisclosed, conditions are met.“We are impressed with FSB’s leadership, technology platform and tremendous growth track record to date,” Clairvest president Michael Wagman said. “Having spent over two years evaluating the sports betting space, we view FSB as a strong leader with a promising opportunity to expand into new regulated sports betting markets.“We are excited to back the company’s co-founders and partner with proven and strongly aligned gaming entrepreneurs.”FSB co-founder and chief executive Dave McDowell described Clairvest’s investment as “an important milestone” for the business.“Beyond capital, Clairvest’s deep industry knowledge in the gaming space will be instrumental in supporting our team as we embark on an aggressive growth plan in our existing markets as well as new geographies,” McDowell explained.FSB is Clairvest’s 54th platform investment and its 13th investment in the gaming space. The Clairvest Group fund also holds a stake in Gateway Casinos, a casino operator in Western Canada. CEP V, meanwhile, has made ten investments in total, including funding Illinois-based gaming terminal operator Accel Entertainment and Head Info Tech, operator of the Indian skill gaming platform Ace2Three. Sports betting Sports betting solutions provider FSB Technology has secured a £23m growth capital investment from Canadian venture capital fund Clairvest Group, with the money to be used to pursue growth opportunities in regulated markets. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter FSB secures £23m investment to power future growthcenter_img 30th July 2019 | By contenteditor Tags: Mobile Online Gambling OTB and Betting Shops Subscribe to the iGaming newsletter Email Addresslast_img read more

Optimove iGaming Pulse – August 2019

first_img The monthly revenue per player has, perhaps unsurprisingly, remained almost steady year-on-year, growing 1%, but decreased slightly from the prior month, falling 7% to €78.With trends, we see that Mobile Bet Rate, which decreased slightly in summer, has now increased back to 54%, holding steady through July and August.Also up with the temperatures was the Retention Rate, which increased 9% year-on-year, and 5% month-over-month, remaining at 63%.Activity days were up 8% from July, but remained similar to the numbers seen in August 2018.Turning to sports betting we can see the Average Deposit Amount decreased 10% year-on-year, and 15% from the prior month. This decrease occurs after a relatively steady trend which held over the past year, perhaps because of an ‘odd year summer’, with no major sporting event.Monthly Deposits (the average number of monthly deposits per player) has increased 6% from August 2018, but fallen 7% from July 2019.The monthly revenue per player remained almost steady compared to the previous year (decreasing by 1%), though August’s per player total of €70 represented a 14% month-on-month decline.In trends, we see the conversion rate increased by 15% from July, but shows a slight decrease (of 4%) compared to the previous year.New Retention rate is also on the up and up, increasing by 32% year-on-year, and 21% month-on-month. This can be attributed to the fact that last year’s World Cup has attracted many new players, many of which abandoned after the tournament ended.This year, however, newly acquired players were not attracted to any big sporting events and retained, remaining active in August, after making their first deposit in July.  This increase comes after a slight decrease in previous months, which can also be attributed to the sporting off-season.KPI Close Up: Activity Days This Key Performance Indicator is defined by the number of distinct days in which a player has made a deposit or placed a bet. Whereas in other online businesses, activity could mean visiting the brand’s website, browsing various products and categories, and adding selected items to virtual carts or downloading content, in gaming, activity is measured very specifically.The goal of any operator is to increase engagement with players and bettors and create an experience that would entice players to come back time after time, and by that increase the amount of activity days. Optimising the player experience contributes to player engagement and by that to Activity Days.Omer Liss: Omer Liss is Optimove’s director of strateic services, helping leading marketers optimise their customer retention strategy. As a marketing data scientist, Omer has vast experience consulting clients, analysing their customer data and revealing actionable, data-driven marketing insights. Omer holds a BSc in Industrial Engineering and Management, specialising in Information Systems.About iGaming Pulse: iGaming Pulse is an industry benchmark tool for the gaming sector. iGaming Pulse enables gaming operators to accurately assess their overall performance against industry-wide key performance indicators.Its figures are updated on a monthly basis. It enables gaming operators to gain a clearer understanding of how their KPIs compare against the rest of the industry, broken down by geography and game type. This type of data, which is made publicly available for the first time, provides operators with the ability to conduct comparative analysis and derive insight into how their performance compares with industry averages.iGaming Pulse comprises of data collected from over 200 online casinos and sports betting companies, including industry giants and boutique operators, providing an accurate, statistically significant sample of the industry. Access to this information is vital for operators that are limited to only their own data. Optimove’s iGaming Pulse is now fully accessible, ensuring operators will have a clearer overview of how they compare to the industry. Topics: Casino & games Marketing & affiliates Sports betting Strategy The lack of a major sporting event may have led to a drop in player activity in August 2019, but as the latest data from Optimove’s iGaming Pulse shows, players acquired during the month may actually have greater longer-term value than those acquired around events such as the World Cup Optimove iGaming Pulse – August 2019 Casino & games The lack of a major sporting event may have led to a drop in player activity in August 2019, but as the latest data from Optimove’s iGaming Pulse shows, players acquired during the month may actually have greater longer-term value than those acquired around events such as the World CupIn casino, we see a decrease in Average Deposit amount of 3%, both year-on-year and month-on-month.The average number of monthly deposits per player (Monthly Deposits) has increased 4% from August 2018, but shows a month-on-month decrease of 6%. Email Address 6th September 2019 | By contenteditor Tags: Mobile Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletterlast_img read more

Virginia Rep files bill to enact 2019 casino legislation

first_img Virginia Representative Barry Knight has pre-filed a bill ahead of the 2020 legislative session that would allow allow the state to enact the provisions of a casino bill passed in 2019. Casino & games Virginia Rep files bill to enact 2019 casino legislation AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Topics: Casino & games Legal & compliance Sports betting Regions: US Virginia Tags: Online Gambling Virginia Representative Barry Knight has pre-filed a bill ahead of the 2020 legislative session that would allow allow the state to enact the provisions of a casino bill passed in 2019.The text of House Bill 4 is identical to SB1126, which was signed into law by Virginia Governor Ralph Northam in March this year. Rather than immediately clearing the path to constructing casinos, that bill instead required a Joint Legislative Audit and Review Commission to carry out a study of regulatory best practice and the potential impact of gambling on Virginia communities.This report is due to be submitted to the Senate Committee on General Laws and Technology, and House Committee on General Laws, on December 1. Once this has been completed, the Virginia Lottery Board has between January 1 and June 30, 2020 to develop regulations for the vertical.After this, SB1126 said, the matter of casino gambling must be revisited in the following legislative session, which is what Knight’s bill seeks to do. The final decision on whether to allow casinos will then be put to the public in a referendum, which could be added to the November 2020 ballot should HB4 pass into law.As with SB1126, HB4 looks to allow cities in Virginia to permit the construction of casinos, provided they meet a series of criteria. The definition of casino gaming is particularly broad, including sports betting and online gaming under the products that each casino would be permitted to offer.Read the full story on iGB North America. 22nd November 2019 | By contenteditor Email Addresslast_img read more

Natural Intelligence acquires tipping platform Tipstrr

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Natural Intelligence acquires tipping platform Tipstrr 10th December 2019 | By contenteditor Sports betting Natural Intelligence, a technology business that operates comparison websites, has acquired sports betting tips platform Tipstrr for an undisclosed sum.Founded in 2014 by Damien Fearn, Andy Jones, and Liam Cooper, Tipstrr offers users access to thousands of verified betting tips on a daily basis.Tipstrr joins Natural Intelligence’s portfolio of sites that also includes BetterPlay, a platform that allows users to compare sports betting, casino, poker, bingo and slots operators.“The acquisition is part of the company’s growth and long-term strategy of providing valuable information to empower users to make informed decisions,” head of business development and strategic partnerships within the Natural Intelligence gaming business unit, Jonathan Assif, said.Tipstrr co-founder Fearn, who serves as the platform’s chief executive, added: “I’m delighted that Tipstrr is joining Natural Intelligence. It became clear very early on that the fit was perfect, and that Tipstrr and Natural Intelligence could together, offer genuine value to our users.“It’s been a great journey – going from a small start-up verifying a handful of tipsters, to processing thousands of tips on a daily basis, but there’s still so much more we want to offer our users.” Topics: Sports betting Strategycenter_img Tags: Online Gambling Subscribe to the iGaming newsletter Natural Intelligence, a technology business that operates comparison websites, has acquired sports betting tips platform Tipstrr for an undisclosed sum. Email Addresslast_img read more

Activision Blizzard taps Sportradar for integrity services

first_img Sports data and integrity solutions provider Sportradar will deliver a comprehensive integrity programme to protect the Overwatch League and Call of Duty League from betting related corruption, through a new partnership with games publisher Activision Blizzard. Topics: Esports Sports betting 7th May 2020 | By contenteditor Sports data and integrity solutions provider Sportradar will deliver a comprehensive integrity programme to protect the Overwatch League and Call of Duty League from betting related corruption, through a new partnership with games publisher Activision Blizzard.Sportradar will monitor global betting activity on domestic and international Overwatch League and Call of Duty League competitions organised by the publisher’s esports arm, reporting any integrity issues to the company.Both leagues will also have access to the supplier’s intelligence and investigation services unit, to support efforts to understand and resolve any integrity-related issues.In addition, Sportradar will deliver educational programmes to make players aware of betting integrity risks and rules, as well as developing an app to allow participants to anonymously report potential breaches or suspicious activity.“Call of Duty League and Overwatch League have long taken steps to safeguard the integrity of matches, and working with Sportradar is a step to further reinforce the importance of fair play,” Jason Hahn, head of strategic initiatives for Activision Blizzard Esports, explained.“As our esports activities continue to grow and as fans increasingly engage with wagering on matches, we need to ensure we are doing as much as we can to proactively protect our ecosystem,” Hahn said. “Working with Sportradar, an industry leader, is important in protecting our players, teams and matches and giving fans the best experience they deserve.“We look forward to establishing this relationship with Sportradar and continued expansion of our work together.”The deal further strengthens Sportradar’s role as an integrity services provider to major US sports leagues. It already works with the likes fo the National Football League, National Basketball Association, Major League Baseball and the National Hockey League.“Integrity is a crucial component to the overall success of esports, especially in a time with more betting opportunities available and more tournaments taking place,” Sportradar head of integrity services and league relations for North America Andy Cunningham said.“We look forward to working with The Overwatch League and Call of Duty League to fortify their already powerful integrity measures.” Tags: Mobile Online Gambling Subscribe to the iGaming newslettercenter_img Activision Blizzard taps Sportradar for integrity services Esports AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

Slots recovery helps Czech gaming revenue grow 16.0% in 2019

first_img8th July 2020 | By contenteditor Tags: Online Gambling Slot Machines An improved performance from online and land-based slots, coupled with growth in lottery and betting revenue, saw the Czech Republic’s regulated gambling market grow 16.0% year-on-year in 2019.Total revenue climbed to CZK36.27bn (£1.22bn/€1.36bn/$1.53bn) according to the latest figures from the Czech Ministry of Finance, while amounts wagered jumped 56.1% to CZK389.19bn for the year, winning back CZK352.93bn.The year’s standout performer was the slot vertical, which recovered strongly after a difficult 2018 in which bonus restrictions and customer verification requirements led to a decline in revenue. Total revenue across all channels was up 20.9% at CZK17.95bn for the year.This was largely due to a strong land-based performance, with customers staking CZK196.45bn, winning CZK181.34bn for revenue of CZK15.11bn, up 17.1%. Online slots brought in a further CZK2.83bn, up 47.4%.Legal sports betting also enjoyed year-on-year growth, with revenue up 15.8% to CZK8.23bn. This was driven by online, with customers staking CZK78.41bn, from which operators generated revenue of CZK7.73bn, or 87.5% of the full-year total.As a result sports betting remained the second most popular product in the market in terms of revenue, ahead of lottery. For this vertical, revenue grew 7.5% to CZK7.20bn. Here land-based sales were dominant, accounting for CZK14.83bn of stakes, compared to CZK2.23bn for online.Revenue for other casino games, described as “live games” by the Ministry, remained flat year-on-year. Combined online and land-based revenue came in at CZK2.29bn, with CZK16.32bn wagered in physical venues – from which revenue of CZK2.06bn was generated – and CZK6.02bn online, for revenue of CZK223.2m.For bingo, a product only available in land-based venues, growth was more muted, with revenue up marginally to CZK7.73bn. Totaliser betting, another one-channel product, saw revenue fall sharply, down 46.8% to CZK2.49bn.Raffles contributed an additional CZK111,000, and small prize draws CZK1,000 in taxable revenue. An improved performance from online and land-based slots, coupled with growth in lottery and betting revenue, saw the Czech Republic’s regulated gambling market grow 16.0% year-on-year in 2019. Topics: Casino & games Finance Legal & compliance Lottery Sports betting Bingo Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Bingo Regions: Europe Central and Eastern Europe Czech Republic Slots recovery helps Czech gaming revenue grow 16.0% in 2019 Subscribe to the iGaming newsletter Email Addresslast_img read more