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Impressive Growth in SPanish Online Gambling Revenue

Q2 SPANISH ONLINE GAMBLING REVENUE SOARS
 
But the poker vertical lags again.
 
Q2-2016 numbers released this week by the Spanish regulator Dirección General de Ordenación del Juego (DGOJ) show impressive revenue growth in the online betting and casino sector, but another weak performance from online poker.
 
Highlights of the report include:
 
* Overall GGR up 56 percent year-on-year at Euro 99 million;
 
* Online casino the strongest contributor - up 91 percent y-o-y thanks to the addition of slots and live dealer roulette, with the latter comprising 48 percent of online roulette revenues in the period;
 
* Online sports betting revenue up 70 percent, but with a relatively low margin of 4.5-5 percent;
 
* Online poker revenue down 10 percent, with cash games particularly hard hit, falling 67 percent;
 
* Ranked by GGR, sports betting enjoyed 54 percent market share, online casino 28 percent, and poker 14 percent and bingo 3 percent;
 
* The Spanish market remains dominated by companies like bet365, William Hill, bwin, 888, PokerStars, and Sportium, challenged by local rivals Luckia, Casino Barcelona and Vive La.

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Gambling News :

2017 MPN Poker Tour - Main Event packages, worth €1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as €0.25. Each €1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

Jimei group distances itself from his Philippines activities - The move followed news that the Philippines authorities have issued a warrant for Lam's arrest on charges of economic sabotage and attempted bribery, according to local media reports. His investor visa privileges have already been withdrawn.

South Africa Land Casino Owners Still Feel Online Gambling is a Threat - The latest annual report of the #Casino Association of South Africa, a trade association for most of the country's land casino operators, continues to cite online gambling

Spinomenal Appoints Eduardo Tupper as COO - Israeli software developer, Spinomenal, has appointed former chief operating officer of Ortiz Gaming, Eduardo Tupper, as Senior Vice President.

Ninja Power Slot Launched By Slotland - I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.

WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? - The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.

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