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GVC Success On Buying Bwin Will Help It Expand

Saturday September 5,2015 : SUCCESS IN BWIN BID WILL HELP G.V.C. EXPAND
 
Less competitive Latin American and African markets beckon.
 
GVC Holding's successful bid for Bwin.Party Digital Entertainment opens up growth opportunities in Africa and Latin America thanks to the high profile Bwin brand, the Wall Street Journal opined in an article Saturday.
 
Thanks to modern internet technology and the rapidly expanding availability of smartphones, a market that consists of literally millions of gamblers will be developing over future years, presenting tempting business opportunities for companies equipped to take full advantage.
 
Bwin.party has spent huge sums on marketing and has a large customer base on its popular games, the article explains. It has also achieved high awareness globally through its sponsorships and associations with some of the world’s most famous football clubs, including international favourites like Real Madrid and Manchester United.
 
The company also possesses sophisticated sports betting operational and customer-retention-management systems, key to success in a competitive industry.
 
All of these advantages will now accrue to GVC, which is already strongly positioned in the less-competitive Latin American market and has ambitions in Asia and Africa as well.
 
South Africa arguably has the continent's largest economy and is likely to be a prime target from a sports betting perspective, along with Nigeria and Kenya; a recent PricewaterhouseCoopers study estimated that by 2018 these three nations alone will have gambling markets worth $37 billion.                                                     
 
Online-payments technologies are also developing quickly in Africa, removing one of the main hurdles to business - how people without bank accounts can conduct financial transactions with gambling sites.
 
"Online sports and gambling companies like GVC, coming under increasing regulatory pressures in their traditional European markets, are eager to place early bets in the Third World," the WSJ concludes.



Gambling News :

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

122 Punta Cana Poker Classic prize packages - Twenty seven down — 95 more to go. We’re guaranteeing 122 Punta Cana Poker Classic prize packages and 27 are already spoken for. This Sunday night we’ve got 7 more on the line:

Huge Caribbean Hold’Em hit at Bovada Casino - A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.

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