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Bet365 Leads Italian Sports Betting Market
Tuesday April 12,2016 : BET365 ITALIAN SPORTS BETTING MARKET LEADER
New numbers show Brit operator holds over a third of the Euro 970 million market.
Stoke, UK-headquartered gambling group Bet365 led the Italian sports betting market in the first quarter of 2016 according to official numbers released last week, claiming over a third of the Euro 970 million market with revenues of Euro 346.2 million...Euro 244.9 million ahead of its nearest rival, Eurobet and even further ahead of William Hill's Euro 75.9 million for the quarter.
The rest of the operator packed trailed behind, with Sisal on Euro 71.3 million; SNAI-Cogetech at Euro 68.4 million; Lottomatica Euro 50.4 million; Paddy Power Euro 45.2 million; Bwin Euro 44 million; GoldBet Euro 33 million and Unibet Euro13.8 million.
Bet365's market-leading average pay-out ratio of 94.8 percent goes some way to explain why it has done so well, with Unibet the closest to it on 93.5 percent followed by Will Hill on 93 percent. At the bottom of the ladder on this metric was SNAI-Cogetech on 86 percent.
Online sports betting revenue was again up year-on-year at Euro 47.2 million - an increase of 11 percent, but the betting exchange vertical impressed the most with a 40 percent y-o-y rise to Euro 875,000.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
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