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DGOJ as released Q1 2014 market results

First Quarter results show 10 percent growth in GGR
Spanish online gaming regulator Direccion General de Ordenacion del Juego (DGOJ) has released Q1 2014 market results on the Spanish online gaming market.
Compared to Q1/2013, the DGOJ indicated the market had grown 10 percent year-on-year with gross gaming revenues totaling Euro 67.93 million (Q1/2014: Euro 60.9 million), an increase of 9 percent.
Total amounts wagered increased 8.75 percent year on year to Euro 1,573.8 million with January in particular delivering a record performance where stakes amounted to Euro 540.2 million.
Operator spend on advertising, sponsorship and promotion amounted to Euro 16.61 million, a 10.68 percent decline year-on-year.
The number of active players increased 9.64 percent compared to the same period last year but the number of registered players declined 5.26 percent.
In terms of Gross Gaming Revenue, Betting leads with 55.41 percent, followed by Poker with 26 percent, Casino 13.09 percent, Bingo 3 percent and Contests 2.4 percent.
Segmented, poker is in decline with:
-   Gross gaming revenue declined 4.33 percent
-   Total gross gaming revenue Euro 17,66 million of which Euro 11.48 million was derived from cash games, down 6.29 percent and Euro  6.19 million from tournaments, down 0.5 percent.
-   Gross Gaming revenue increased 0.68 percent to Euro 8.89 million
-   Of the Euro 338.6 million played in casino, 73.73 percent (up 4.46 percent) was spent on roulette and 26.20 percent (down 4.82 percent) on blackjack.
-   Stakes amounted to Euro 642.73 million of which sportsbook share was 99.06 percent and Track Betting was 0.92 percent.
-   Total Gross gaming revenue of Euro 37.64 million of which Euro 37.2 million from sportsbook and 0.38 percent from track betting.
-   Sportsbetting increased 29.26 percent and Track betting 53.51 percent.
-   Gross gaming revenue increased by 19.54 percent.

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Gambling News :

Wanajump Launches - #Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.

Coral Launches player proposition betting product - Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.

Oshi online casino now accepts fiat currencies - The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.

New Standards for UK Online Gambling - Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.

Pennsylvania Gambling Bill 1887 returned with additions - The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.

UKs Advertising Standards Authority vs Ladbrokes - A Ladbrokes Casino email promo has fallen foul of the UKs Advertising Standards Authority who deemed significant terms and conditions concerning bonusing to be unclear or misleading.

Mybet Earnings Struggle - The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

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