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Italy Doing Well With Online Sports betting
ONLINE SPORTS BETTING REMAINS KING IN THE ITALIAN MARKET
Latest figures show that online sports betting generated turnover of Euro 391.8 million in December 2016.
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
That's a very healthy proportion of the total sports betting turnover created of Euro 770 million, and brings general gambling turnover for 2016 in Italy up 35 percent y-o-y to Euro 7.5 billion. Euro 4 billion of that came from the online sector, which showed a 46 percent improvement y-o-y.
December's market leader remained bet365 on turnover of Euro 128 million, with nearest rival Eurobet (Gala Coral) trailing on Euro 37 million. The gap between Eurobet and the next best performer, Sisal was lower - Sisal delivered turnover of Euro 32.3 million, followed by Snai-Cogetech (Euro 29.8 million) and Lottomatica (Euro 22.7 million). Newbie market entry Sky Betting reported turnover of just Euro 600,000.
Italian online casino revenue reached Euro 45 million in December, boosting the final annual number from the vertical to Euro 438.9 million - a 34 percent year-on-year improvement.
The online casino sector leader was Lottomatica with 11 percent market share, followed by Sisal (8.5 percent), PokerStars (7.8 percent), Eurobet (6.6 percent) and William Hill (6.2 percent).
PokerStars remains tops in online poker in Italy, holding a 74.4 percent of the tournament market and 46.4 percent of the cash games sector.
The bad news is that the online poker vertical continued to decline in Italy with tournament stakes at Euro 7.2 million and cash game stakes at Euro 6.5 million in December....that brought the annual tournament number for the vertical to Euro 69.6 million (down 2.4 percent y-o-y) and the cash game figure for the year to Euro 83.7 million (down 9.8 percent y-o-y).
Italian online bingo showed a 7.1 percent improvement in revenue to Euro 27.3 million in 2016, whilst the nation's four land casinos generated revenue of Euro 292.7 million, mostly from slots action.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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