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OpenBet enjoys record performance with more than 25,000,000 bets placed

Tuesday March 17,2015 : FEAST OF BETTING AT CHELTENHAM
 
OpenBet enjoys record performance with more than 25,000,000 bets placed.
 
Horse racing fans made the most of the four day Cheltenham Festival this week, with one betting software provider - Openbet - reporting that it handled more than 25,000,000 total sports bets during the 2015 edition of the popular racing festival. The sum contributed towards 146,000,000 account transactions over the four-day period.
 
Openbet reports that the 2015 Festival saw an increase in the percentage of bets that were placed on mobile devices, with an average of 63 percent of bets being placed via the channel. Meanwhile, the number of sports bets per minute going through the platform peaked at 20,000, an increase of 40 percent on last year’s peak.
 
The prestigious horseracing fixture is OpenBet’s second busiest of the year, in terms of simultaneous transactions, after the Grand National.
 
“The Cheltenham Festival is a critical week in the calendar for OpenBet and our customers. We are proud of our performance and reliability throughout such a significant and demanding event. The fact that a global retail giant like Amazon averaged 3,840 orders per minute[i] on Black Friday shows the sheer scale of our sports betting and account platform," said Openbet CEO Jeremy Thompson-Hill Tuesday. “The mobile statistics underline the ongoing shift in player behaviour."

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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