The Irish retail betting landscape has come up against its fair share of challenges in recent years, with the introduction of a 2% tax on turnover over €2.5 million, the absence of a central gambling regulator and most recently the closure of all non-essential shops. But despite these hurdles, fixed costs have remained at a steady level (and in some …
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With the pandemic continuing to disrupt the retail betting sector across the world, the possibility of things returning to ‘normal’ in 2021 might still appear to be a distant hope. But according to George Shamugia (pictured below), CEO of Singular, this presents new opportunities for operators to make the shift towards online betting. Speaking to SBC, Shamugia looks at why, …
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The pandemic has brought about a ‘step change’ in the development of the Italian betting market, said Microgame CEO Marco Castaldo (pictured, left), who believes that operators are now beginning to realise the online growth potential. Speaking ahead of next week’s SBC Digital Italy, he explained why those operators who can differentiate the overall user experience by specific player segments …
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In recent years, there has been a considerable shift towards ‘humanless betting’ – particularly through the use of self-service terminals. With the social distancing measures introduced as a result of the pandemic, this is a trend which is showing no signs of slowing down anytime soon. With people likely to feel apprehensive about human contact in the coming months, BetInvest …
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Approximately 500 betting shops are expected to close their doors in Scotland from Friday evening when a number of local authorities will enter ‘Level Four’ restrictions. Under the measures, all non-essential shops, pubs, restaurants and all other hospitality across 11 authorities will be forced to close until 11 December as the government aims to suppress rising coronavirus cases. Announcing the …
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The ethical implications of introducing a legalised betting framework can be considered ‘controversial’, said Alexandra Kalchuk at BetInvest. She explained that there is a balance to be achieved for countries that wish to benefit from the economy boost betting can bring while acknowledging – and containing – some of the problems or reputational issues that come with the decision. In …
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The Betting and Gaming Council has called upon politicians to ‘leave no stone unturned’ when supporting high street shops, urging the Communities and Local Government Select Committee to prioritise the needs of the retail betting industry as part of its inquiry. Brigid Simmonds OBE, Chairman of the BGC, explained that due to restrictions on non-essential retail during the pandemic, betting …
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Casinos, lotteries, retail bookmakers and payments will take centre stage on day two of SBC Digital Summit Latinoamérica, as the industry comes together to share ideas for the future of the region’s land-based sector. The virtual conference and exhibition on 16-17 June 2020 features a roster of 60 senior executive speakers delivering insights across four content tracks. While the first …
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To say that retail betting has faced an uphill battle would be an understatement. The sector has faced legislative and regulatory challenges on a global scale, now combined with the lockdown measures in response to the COVID-19 outbreak. It is, therefore, now more important than ever that operators adapt to the high-street environment – however it might look post COVID-19 …
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Despite a global shift towards delivering a wider digital product portfolio, retail will always play a major role in this industry writes NSoft’s Senior VP for Sales and Marketing, Ivan Rozić. Ahead of ICE London, Rozic explained to SBC the key components that make NSoft stand out from the competition, and how it has placed further global expansion high on the agenda for …
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