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Excellent World Cup Earnings
GGR 40 percent up on Euro 2008 Championship football, and double that of World Cup 2006.
ADP News reports that the Vienna-listed online bookkeeping group Bwin has enjoyed a bumper period of World Cup betting compared with other major football championships.
The betting company reported that it had improved its sports betting gross gaming revenues by nearly 40 percent when compared with Euro 2008, with revenues rising to Euro 1.4 million daily – almost double the same period over the last World Cup in 2006.
The company booked a sports betting margin of around 9.1%, which was an improvement from 8.3% at the Euro 2008 and from 6.7% at the 2006 World Cup.
Bwin revealed that up to 260 000 punters a day took advantage of its betting services during the 2010 World Cup. A total of around 900,000 clients placed bets, 213,000 of them were new customers.
The company also reactivated 90,000 customers during the month-long competition.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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