Gaelic Athletic Association Bans Gambling Sponsorship

There are many complicated issues for governments and online gambling operators in many jurisdictions for them to resolve. One issue that seems to keep appearing over and over is the issue of gambling advertisement and its impact on society. The online gambling industry especially, depends on getting a consumer to recognize a domain or brand and go to it on the internet.

In the days of old the cigarette companies were allowed to advertize everywhere ever using cute camels as draw. Then there were lots of advertisements for the breweries and liquor distillers which eventually fell under the watch full gaze of the authorities. Things that are considered harmful to the vulnerable such as the younger set and the disadvantaged shouldn’t be sold or advertized say those in charge for example in Ireland.

It was recently announced in Ireland that the top amateur sporting organization has voted to ban all sponsorship by betting companies. This is considered a smart move by the Gaelic Athletic Association (GAA) which held the organization’s annual congress in Dublin, where 93 percent of the 270 voting delegates voted to ban “sponsorship by a betting company of any competition, team, playing gear or facility.” Adding the Gaelic Athletic Association also voted to ban the brand of any sponsor gambling or otherwise from being “allowed on clothing and gear of match officials.” These moves are to protect amateur sport and keep corruption and problem gambling from spreading.  

A GAA delegate stated the betting sponsorship ban was necessary to “enhance the moral standing of the GAA in Irish life and protect the integrity of our games.”

Congress member Jack Devaney also urged his fellow delegates to prohibit alcohol companies’ ability to establish business relationships with GAA entities. The prohibition on gambling trend is real in sports as seen in the recent decision by the English Football Association to demolish all sponsorship deals with bookmakers.

 

 

 

 

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Betfred Poised To Sell 25% of UK's Tote Pool Betting

A recent report in the UK’s Sky News that Betfred founder Fred Done was in “advanced negotiations with a consortium of horseracing industry figures” regarding the sale of a 25% stake in the Tote has the gambling industry wondering what the value of such a transaction would be. It was suggested that the asking price for 25 percent of the assets could possibly bring as much as £30m into the coffers of the company. It was also implied that the deal could be complete “within weeks.”

A war of words has developed over the past few years and last September Done claimed publicly that the company’s “association with racing is broken.” Apparently the horseracing consortium that Done is in advanced negotiations with was led by Eamon Wilmott, chairman of racing technology provider Total Performance Data and a former board member of the British Horseracing Authority.

Recently Mr. Done has said he will remove the majority of Betfred’s local  betting shops and stop his company’s commercial relationships with horseracing after the expiration of Betfred’s exclusive pool betting arrangement in July of 2018.  

The seven year deal signed in 2011 gave Betfred the exclusive right to offer Tote wagering on all UK horseraces. Now however an increasingly troubled relationship with horseracing has moved stakeholders to organize plans to launch their own pool betting service which is now officially branded as Britbet coming after the 2018 expiration of Betfred’s special arrangement.

Sky News maintains that the Founder of Betfred believes the Tote will witness continued growth in part  based on Done’s assertion that Britbet will be unable to compete with the liquidity offered by the Tote. It has also been suggested by Sky News that the racing consortium that Done is negotiating with has pledged ‘tens of millions of pounds’ to market the Tote.  Done is confident that the only organisation in the UK which is allowed to run pool betting on horseracing can ‘significantly’ increase its market share.

 

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ASEAN Gaming Summit Conrad Manila Philippines March

The next conference on many online gambling industry participants agenda is the second annual ASEAN Gaming Summit in Conrad Manila, Philippines. This 20 -22 of March, 2018 people from all over the world will converge to gain insights into this multibillion dollar industry.

The themed topics will be Tech trends, Convergence, Strategy, and Return on Investment. Those interested in penetrating this region with massive potential are sure to come away with some expertise in the subject they are keen on. Targets topics include how to engage in the new-style integrated resorts, addressing the premium mass market, and sports betting innovations via online gambling.

Gambling markets in Vietnam, Cambodia and other Asian jurisdictions are maturing, as was covered in the inaugural ASEAN Gaming Summit 2017. The opportunities are greater now than ever so the 2018 exhibit is even better positioned for future developments in all of these areas. Sponsored by many of the most prominent suppliers and operators in the industry such as Gold Sponsor, Aristocrat, supplier Microgaming,  Novomatic,  IGT and others actively engaged in this 2018 Summit.

There is so much to participate in with day one offering topics such as ASEAN Opportunities, Risks and the Economic Outlook, Casual Gaming including Esports, Problem Gambling and Profitability, Lottery Innovations, as well as a number of other subjects all on day one.  

Day two includes,  All eyes on Japan, Digital disruptors and blockchain,  Internal and External Risk Mitigation, New Betting Trends, Hosting and Content Delivery, Improving Your Online Offering, Marketing, Retention and Customer Loyalty, Sports Sponsorship lastly Racing.

The third day has been set aside for workshops in IMGL Masterclass™, Online Security & Fraud Prevention by Continent 8, and a Digital Marketing Masterclass. The Asian gambling market is complex but not unmanageable especially if equipped with expert knowledge supplied by the great variety seasoned speakers and presenters.  

 

 

 

 

 

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Australia Probes Online Gambling Regulation Violations

Last March the Australian Senate gave its approval to a number of amendments to the country’s new online gambling laws that ban internet poker and in-play sports betting. Now the Australian Communications and Media Authority (ACMA) has revealed it has found 19 breaches of Australia’s online gambling laws.

The Australian government implemented the revised Interactive Gambling Act 2001, banning all remote operators from offering various services.  A report compiled by CalvinAyre.com, exposed that the ACMA had in a three-month period beginning on September 13, received a total of 108 enquiries and complaints related to suspected violations of the new gambling regulations.

The ACMA confirmed it had found 38 of the transgressions to be valid and then opted to launch 18 separate investigations into the suspect matters. It was noted by the ACMA that 10 of these investigations identified 19 breaches of the existing law, nine of which were related to offering a prohibited interactive gambling service, eight for offering unlicensed regulated interactive gambling services and products and two of which were related to advertising the prohibited product offerings.

The Australian regulator has not revealed the identity of the operators involved in the extensive probes, it did state however that a total of 65 distinct URLs were studied during the investigative process. The ACMA mentioned that it had “successfully engaged” with the firms that breached the amended gambling laws. The online gambling industry has been not taking care to follow the rules in the Australian market making it difficult for those who do.

 

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InBet & Digitain Team Up For Online Gambling Traction

The online gambling industry depends on customers enjoying the content offered. There is a tremendous amount of content available and success can depend on operators providing the latest and newest of the products out there. Content is king when it comes to attracting and retaining consumers and it is innovation that keeps the ball rolling.  Developers are competing for the operator’s attention with games that excite the players and compel them to want to play again.

Global gaming software supplier InBet has caught the attention of multi-channel casino platform and sports betting provider Digitain which has just announced a new agreement to integrate InBet’s complete gaming portfolio. InBet has a number of products including sport betting, lottery betting, fast betting, virtual sports, horse racing and exotic styles of poker.

Digitain is an Armenia-based sports book and casino platform provider focusing on the regulated European market. The company has moved into central Asia and Africa over the past year, with its state-of-the-art sports book offering odds on 65 different sports, 7,500 leagues, and more than 3,000 betting markets.

 InBet Games, is gaining significant traction too with a diverse product range. The firm was granted an SBC Award for excellence in the Best Sports Themed Game category in 2017.

Digitain’s CEO, Suren Khachatryan, commented, “After a productive ICE 2018, it’s very pleasing to make this announcement. Integrating InBet Games’ diverse suite – which ranges from slots through lotteries and on to 3D-simulation sports games – gives us the confidence to explore market niches in the gaming sector on a truly international scale.”

InBet Games’ Business Development Director, Paul Korolev also commented, “It’s great news to team up with Digitain in a deal which allows our products to be promoted on a thriving sports book hub. Our unique maths engines and high-octane virtual games are opening up some very exciting gaming possibilities in the B2B world.”

 

 

 

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Swedish Gambling Authority Opens Licensing Process

Sweden is one country in Scandinavia that is taking its time to level the online gambling field with new laws regarding the industry coming on January 1 2019. Swedish regulator Lotteriinspektionen has announced however that it will open the application process for new online gambling licences on July 1 2018 although the laws have yet to be carved in stone.

Sweden’s gambling regulator took time to evaluate the technical and practical dimensions of the new regulations after consulting the gambling public it is now prepared to present the updated version.

Director General of Sweden’s Lotteriinspektionen, Camilla Rosenberg said the number of possible licences available to operators is not capped as long as all applicants meet the proposed criteria set by the government authorities. Management of the activity will be looked at closely with responsibility, security and due diligence scrutinized when it comes to consumer protections.  

Rosenberg also stated that the law may not be clear at first, and that established reforms to the laws will be watched closely to see if further changes are required.

Rosenberg commented, “The awarding of licences and the dates from which they will be valid will depend partly on the quality of the applications and when they are received by the Swedish Gambling Authority,” Rosenberg said.

“We will make a comprehensive assessment of both the application and of the company behind the application.

“I would like to say that the re-regulation is extensive and will take time.

“Not everything will be clear from day one; the entire reform will be evaluated over a three-year period.

“The Swedish Gambling Authority – transforming into the new gaming authority – will do its best, given the conditions we face, to make reform successful.

“Our aim is to be as transparent as possible and provide regular information about new details and conditions.”

 

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UKGC Makes Gambling Fairer Safer Fines William Hill  £6.2m

The UK Gambling Commission has struck again imposing a serious fine on an online gambling operator for failing to spot problem gambling and prevent money laundering. Well known gambling products provider William Hill will have to come up with £6.2m for the failure to provide the needed protection for problem gamblers as well as funds laundering.

The online betting firm 888 was penalised a record £7.8m for “outrageous” failings, after more than 7,000 people who had voluntarily banned themselves from gambling were still able to play online. The William Hill fine is the second largest penalty ever invoked by the Commission. It has been revealed that more than 2 million people in the UK are at risk of a gambling addiction.

The Commission stated that over a two year period up to August of 2016, William Hill failed to notice the real indications of problem gambling, and thus breached anti-money laundering and social responsibility requirements set out by the regulatory body.

The executive director of the UK’s Gambling Commission, Tim Miller said, “In many respects, this wasn’t properly resourced or staffed, so a lot of the checks weren’t happening. People were potentially able to gamble money that was the proceeds of crime; in one case, money stolen from a local council,” Miller added, “There were clear warning signs, the escalating amount of money that was being spent should have set off alarm bells.”

Executive director of the UK regulator, Neil McArthur, stated the gambling commission was prepared to use the full range of its powers to make gambling fairer and safer. “Gambling businesses have a responsibility to ensure that they keep crime out of gambling and tackle problem gambling – and as part of that they must be constantly curious about where the money they are taking is coming from.”

William Hill’s chief executive officer Philip Bowcock, responded, “William Hill has fully co-operated with the commission throughout this process, introducing new and improved policies and increased levels of resourcing.”

 

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Gambling Issues Raised Again in South Australia Elections

Politics is again making changes in the online gambling industry in Australia as The Guardian reports that Australian senate powerbroker Nick Xenophon and his party have revealed plans to reduce South Australia’s number of poker machines.

Xenophon made his name in politics 20 years ago for his call for “No Pokies” and it has been reported that he has toned down his anti-gambling rhetoric after South Australia revised its gambling tax revenue forecast.  Xenophon told the Australian last month “Reducing the harm caused by poker machines is ­pretty fundamental, but it would have to be a suite of measures, including more people getting assistance and reducing the number of people getting hurt in the first place, but most people just don’t get help when they have a serious gambling problem,”

Xenophon’s SA Best Party has now introduced the latest gambling reform package, a policy described as “both a deal maker and a deal breaker.” Xenophon, believes that the reworked package is “sensible and practical.” “What we’ve said is that there’s flexibility within the way that you achieve it, but what we’re seeking to achieve is, I think, reasonable,” Xenophon said, according to the news outlet. “I suggest to you that if SA Best is in a position of power to hold the next government to account, then both Labor and the Liberals will become born again gambling reformers in a very short amount of time.”

The proposed gambling reforms were looked at by the different sectors drawing mixed reactions. Liberal State opposition leader Steven Marshall described Xenophon’s latest stance on gambling as “the most astonishing back flip in the electoral history in South Australia,”

The Australian Hotels Association in South Australia warned that Xenophon’s SA Best’s pokie reduction package may result in the closure of some hotels across the region and may leave an estimated 26,000 people out of work.

The Liberal party leader remarked that he would turn down any SA Best offer to help form a government after the March 17th elections.

 

 

 

 

 

 

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Wild Crypto's New Approach With Blockchain Platform

The challenge in the online gambling world is to create a secure environment for players and operators. Considered the most secure encrypted platform blockchain technology is coming on strong in the gambling industry. A recent announcement that another initial coin offering has been added to the market is becoming common place with claims that the use of blockchain will revolutionize the standard gambling web sites.

Wild Crypto B.V. a privately owned and operated company headquartered in Kaya Richard J. Beacon Z/N, Willemstad, Curaçao  operates under a license issued to Curacao Egaming, authorized and regulated by the Government of Curacao. The platform maintains it is set to disrupt the global lottery and eGaming sectors with the use of blockchain technology and its own cryptocurrency, the WILD token.

The platform cryptocurrency gaming project raised 10,592 in Ether (currently around $9 million) during its ground-breaking token sale. At a cost of one-hundredth of an Ether the platform will offer players a range of lottery and casino products, including some of the largest self-insured payouts. The first lottery draw offered a jackpot of one million WILD tokens. The site publishes results of its lotto games to the blockchain, users are guaranteed an open and honest experience.

William Trentini, CEO, Wild Crypto, commented, “Wild Crypto is the first major blockchain gaming product to launch, and marks the beginning of a significant shift in our sector.

“By delivering a secure and transparent gaming platform built upon pioneering blockchain technology, we have a unique opportunity to reach demographics of players who do not currently engage with existing lottery and eGaming products.”

Blockchain is invading the online gambling industry with positive results as consumers learn about the benefits and security the platform offers. Wild Crypto is paving the way of the future for all those seeking a new approach in their betting habits.

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Offshore Operators Target Canadian Online Gambling

The online gambling industry has been struggling with competition in the various jurisdictions in Canada. The online gambling market in Quebec Canada’s French speaking province has been offering legal online betting since November of 2010. Espacejeux has enjoyed solid growth since then with Loto-Quebec the provincial gaming monopoly reporting its gambling site generated revenue of almost C$83m in the first nine months of fiscal 2017-18. This is a 42.1% increase from the same period last year. Online lottery sales went up 39.3% year-on-year to C$37.3m, while online casino revenue raised 44.4% to C$45.6m.

It is here that a reasonable comparison can be made between Ontario the neighbouring province with a population of fourteen million and Quebec with only eight and a half million people. The Ontario offering called PlayOLG has significantly greater revenue potential.

However in Canada’s west the province of British Columbia’s PlayNow.com offering reported a revenue of C$157.6m recently. British Columbia’s population is just 4.5m.but it has done significantly better than both Quebec and Ontario. It is obvious that PlayNow is offering more and better online betting products. The competition comes from offshore internet available web locations that are somewhat more exotic to some players. BC’s online betting offering has been accused of shady rule interpretation when it comes to approving new slot games possibly in an attempt to attract more clients. 

OLG is doing better than the year before with stringent cost controls and a 16% rise in active players OLG was allowed to reap an online gambling profit of C$27.4m, a significant rise of 84%.

The government operator OLG also said that internationally licensed online competitors, “offer a broader portfolio of products and promotional offers, are well known through extensive advertising and leverage their global operations to respond quickly to market dynamics.”

 

 

 

 

 

 

 

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