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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 :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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