The last month has witnessed the cessation of trading in the UK of two licensed betting operators, BetBright and 188BET, prompting questions that go to the heart of both (a) the contract between bookmaker and customer and (b) the role of the Gambling Commission, as regulator, when a bookmaker decides to void unsettled bets, resulting in a mass of complaints …
Read More »
Speaking to Italian business news sources, Bepi Pezzulli, the new General Counsel of SKS365, Italy’s leading bookmaker, has detailed insights of the stark realities facing all gambling incumbents, under the governance of the Lega-5Star coalition government. Pezzulli forms part of a new SKS365 leadership team, who took control of the bookmaker in January, following a number of high-profile executive departures. …
Read More »
Have global racing stakeholders, hidden the sport’s structural shortcomings through a dependence on gaming machines to generate revenues. Industry strategic consultancy Regulus Partners investigates this complex dependence partnership… ____________________ Horseracing and gaming machines have a curiously intertwined history on both sides of the pond. In the UK, the reduction in LBO gaming machine stakes from this week is already causing a …
Read More »
Warwick Bartlett and Lorien Pilling from the Global Betting & Gaming Consultancy (GBGC) have been looking at the implications of the reduction in Cat B2 gaming machine maximum stake from £100 to £2. It doesn’t make pretty reading for retail bookmakers or the sector’s associated stakeholders. From 1 April 2019 the maximum stakes on FOBTs will be drastically reduced to …
Read More »
Golden Race CEO Martin Wachter told delegates at the Betting on Football conference that “what works in real betting doesn’t always work in virtuals”, while more realistic odds and outcomes is more important to the customer than the best graphics. Speaking on the ‘Let’s get digital: where now for virtual sports’ panel at last week’s event, he explained how Golden …
Read More »
Jade Daniels Design Director at industry innovation, design and development studio Degree 53, details that as betting operators face higher regulatory and responsibility demands, incumbents have to be smarter than ever on UX guiding principals and strategies… ____________ The gambling industry is undergoing significant changes to improve the standards for responsible gambling. Besides advice and various initiatives, there are lots …
Read More »
Germany’s Bundesrat has finally agreed on the make-up of its inter-state mandate moving to revamp its federal gambling framework by 2021. However, featuring an overly complex licensing procedure and muddled policies, strategic consultancy Regulus Partners finds little to cheer on ‘German progress’… __________ Germany has done what it was expected to with regard to online gambling policy, possibly for the first time …
Read More »
With Brexit factors and implications on the minds of all UK business stakeholders, Matt Harrod, VP of Europe at Processing.com examines whether interchange rates and PSD3 are the least of the gaming/betting industries worries… ___________________ Everyone should probably be aware by now that the UK is due to leave the European Union at 11pm on Friday 29th March 2019, deal or …
Read More »
Much has been written regarding the industry’s relationship with sports, none more so than football, where criticism has suggested measures must be put in place to curb what is seen as an over saturation of marketing, sponsorships and advertising. This topic is set to fall under the microscope at the sixth annual Betting on Football, taking place this week at …
Read More »
On the eve of next week’s Betting on Football conference at Stamford Bridge, Peter Woodfine – Business Development Director at Vermantia – says in-shop betting is changing. But he is a firm believer that retail will always be detail. There’s been a lot of talk in the media about the death of retail, but to paraphrase Mark Twain – it’s been …
Read More »
SBC News Voice of the Sports Betting Industry