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Italian Gambling Market Prospering
ITALIAN ONLINE GAMBLING MARKET CONTINUES TO PROSPER
Euro 512 million in wagers placed in August on sports events.
Latest numbers from the Italian regulator indicate continued prosperity in Italian online and land gambling, with sports betting turnover in both land and online sectors totalling Euro 512 million in August, made up of online Euro 309.7 million and land Euro 202.3 million.
The August numbers boost turnover for the year to date by 17 percent, with online showing the better improvement at 32.4 percent.
Once again Bet365 claimed the biggest share of the sports betting market at 39.7 percent, well ahead of closest rival Eurobet (8.7 percent). Other competitors in the space include Sisal (Euro 20.1 million); Snai (Euro 19.7 million); Paddy Power Betfair (Euro 17.6 million and William Hill (Euro 17 million).
On the online casino gaming front, August revenues were up 35 percent year-on-year at Euro 34.3 million, with Lottomatica claiming the biggest slice of the pie at 11.8 percent, pursued by Sisal on 8.5 percent and Pokerstars on 7.3 percent. William Hill trailed at just 6.3 percent, behind Eurobet.
Predictably, Pokerstars led the Italian poker market again with 50.9 percent of the cash game market and 74.2 percent of the tournament sector. Cash game returns in August were down 10.3 percent at Euro 5.3 million, as were tournament returns which declined 3.7 percent to Euro 4.9 million.
The betting exchange vertical again showcased Betfairs total dominance, with the pioneer of the genre reportedly holding a 95 percent share of the rapidly growing sector, which has soared 65.5 percent year-to-date, albeit from a small base.
Total year-to-date Italian gambling market revenues were up 19.3 percent to Euro 8.2 billion at the end of August.
Gambling News :
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To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
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PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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