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World Cup Gambling Set To Be Huge For Gamblers

Monday May 26,2014 :  WORLD CUP SET TO BE MOST LUCRATIVE EVER FOR BOOKIES
 
Big operators anticipate doubling 2010 World Cup turnover
 
Irish and British Bookmakers are anticipating a rewarding World Cup boosted by younger tech savvy punters utilising mobile live match action and in-play betting options.
 
Terry Pattinson, trading director for William Hill said the company is anticipating double the turnover of circa GBP 100 million in 2010.
 
Pattinson identified two "new aspects of customer behaviour" in which it expects more bets to be placed by fans rather than seasoned gamblers and an increased interest in in-play bet types as the action plays out live.
 
"Most of the popular bet types are around players, whether they score goals, get yellow or red cards. How many corners in a match. It's about action," Pattinson told Reuters.
 
Irish bookmaker Paddy Power expects to double its World Cup turnover to Euro 160 million too.  "It will be an enormous, one in four year opportunity, to attract mass market customers," said Patrick Kennedy, chief executive officer.
 
Deloitte business consultant Simon Oaten opines that the impending UK Government’s POC tax is behind an increased push for market share during the World Cup as bookmakers seek to grow their business in anticipation of market consolidation following the bills implementation in December 2014.
 
"A good World Cup will have more of a defining impact on the position of the player in the market.  The larger operators have an increasing advantage in the sports betting sector," Oaten said.
 
At the heart of the push to be heard during the World Cup is the development and release of sophisticated websites, mobile applications and a strong social presence.  Hooks include guest bloggers, live match pages and the increasingly popular accumulator bets.
 
"The most popular bet will be an eight-fold accumulator on all eight favourites to win their respective groups," Pattinson believes.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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