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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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