8th GRWA Coming Aug 14th-16th To Sydney Australia

Conferences that deal with online gambling are comprehensive events that help the industry learn from experts and those who have encountered the common problems and found solutions. The internet betting industry is a diverse collection of industries and services that come together to create a viable entertainment gambling environment.

Now for the eighth time the Gaming Racing and Wagering Australia (GRWA) will take place in Sydney Australia’s Darling Harbour. The event will bring together over 150 sports betting, lottery and racing executives from Australia. The participants will be exposed to the most pressing issues making the industry run such as regulations new technologies and ways of keeping abreast of the competition in a packed online betting market. The GRWA will be hosted by Novotel Darling Harbour in Sydney from the 14th to the 16th of August. Beacon Events has organized this premier gaming and wagering conference which will be focusing on innovation and out of the box thinking to keep operators on top of the Australian very competitive marketplace.

This is an opportunity to listen and learn from a comprehensive list of the industry’s participants involved in the wagering business in Australia. Sponsors include firms such as OtherLevels which is a leading second-generation digital marketing platform with offices in the U.S, U.K. and Australia.

The OtherLevels platform enables clients to acquire sooner, engage smarter and retain longer and supports desktop, mobile web and apps. OtherLevels leading clients from the wagering, lotteries and social casino sectors, include Camelot (UK), Tatts, LadbrokesCoral, Betfred, Playtech, TopBetta, Betway (UK), Doubledown and Playstudios. OtherLevels provides the platform and the knowledge to help operators increase conversion and deliver the right content, to the right user, at the right time, on the right channel.

The vast number of speakers will definitely fill any attendee’s agenda card at this premier Australian gambling conference. New to the GRWA will feature a practical workshop with a focus on eSports and mobile gaming.  

 

 

 

Related news

AGA Includes Digital In The New Code Of Conduct

Responding to the changing times is part of the American Gaming Association’s  20th annual Responsible Gaming Education Week. This organization has called for the gambling industry to commit to protecting the vulnerable consumer and maintaining a transparent and educated staff that has embraced the digital world of betting.

The many gaming corporate top brass, gambling equipment suppliers, regulators, and tribal gaming representatives were enlightened by the AGA president and CEO Geoff Freeman who led a roundtable discussion at Stockton University in New Jersey. They were there to examine the principals of responsible gaming and the current interpretation.

Taking the opportunity to deliver the message that Freeman wants the gambling industry to hear the AGA published an updated version of the Code of Conduct on Responsible Gaming. Responsible gaming is the primary message of but the new code has added the virtual digital aspect to its Code.

CEO Freeman commented, “Our updated Code of Conduct will ensure our members and their employees have the tools needed to ensure a safe, responsible experience for all customers,” Freeman continued to explain, The new rules, as part of responsible gaming measures, emphasize enhanced transparency about odds and payouts, while encouraging greater honesty in advertising and marketing, ensuring that these odds are not misrepresented just to lure in customers.

 Other participants attending the roundtable discussions also added their opinions which were inline with the aims of the AGA.  Executive director of the Association of Gaming Equipment Manufacturers, Marcus Prater, explained, “Presenting a unified message of commitment and putting a spotlight on an area of responsibility all of us share not just during this special week, but 24/7,” he added, “reflects our full-time focus on an important aspect of our specific gaming entertainment.”

Ernie Stevens, National Indian Gaming Association Chairperson revealed that NIGA and tribal operators were aware of the seriousness of gambling addiction.

The AGA funds research for treating gambling addiction and creates programs for educating the public and gambling industry participants.

 

Related news

Massachusetts Changes DFS Status To Gambling

Daily Fantasy Sports betting has created problems for regulators all over the world mainly because the activity for some regulators may be considered real money gambling. The skill game debate carries on in jurisdictions such as the state of Massachusetts in the USA where the Massachusetts state commission voted recently to recommend that DFS games be classed as a form of gambling and not a game requiring skill.

The 5 to 3 vote on the issue is a big snag for DraftKings, the industry leader which is headquartered in Boston, Massachusetts.

DraftKings will now have to fight in its home state to keep its status as a non-gambling company. A report conducted by the state legislature’s Special Commission on Online Gaming, Fantasy Sports Gaming, and Daily Fantasy Sports claims that the distinction between luck and skill doesn’t matter when money is on the line.

The concept may have to be overhauled should the classification change for DraftKings and FanDuel the competition from a game of skill to gambling. The sector will have additional tax liabilities and it could be difficult to locate payment processors willing to accept DFS betting transactions. It is already illegal for payment processors in Massachusetts to accept transactions from internet betting sites. DraftKings Director of Public Affairs James Chisholm spoke to the Boston Globe,

“The commission’s actions today, as we and our partners in the fantasy sports industry pointed out time and time again, could restrain our company’s ability to thrive and create jobs here in Massachusetts,”

Massachusetts Gaming Commission Chairman Stephen Crosby voted “yes” on the issue. The committee didn’t recommend banning daily fantasy sports. The purpose of the report was, instead, to determine if the popular game should be classified as a form of gambling and fall under the Gaming Commission’s umbrella. Some US jurisdictions have banned the activity while others have made it legal.

Related news

Portuguese Online Gambling Suffers Revenue Decline

Online gambling operators in Europe have been realizing substantial profits for a number of years now but as more jurisdictions become regulated the profit margin in some cases has been trimmed. The relatively recent entry of Portugal into the internet betting market place is an example of the instability of the gambling scene and how governments can scuttle the process with high taxation and a difficult  licensing regime.

The Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) Portugal’s regulatory body has published its Q2 and H1 2017 financials regarding online betting activity revealing the licensed operators reported revenue of €25.4m in the three months ending June 30 2017.

This report indicates that since the market was launched in June of 2016 these financials are the second-lowest quarterly totals since Q3 2016’s €24.1m. The numbers are not as impressive as the first quarter results of €31.4m. Sports betting suffered the most consistent decline with a decline in sports wagering being felt each month since the initial launch.

Online casino betting which includes online poker play has seen similar decline in revenue falling to €11.4m from €13.9m in Q1. Casino revenue topped €4.4m in May then declined to €3.5m in June. These numbers may change once the SRIJ comes to an agreement on shared online poker market liquidity with a number of other regulated European jurisdictions such as Italy, Spain and France.

The decline in revenue is obviously the result of a decline in new customer sign ups. It was noted that about  64k new accounts were registered in Q2 only fifty percent of the 112k new accounts in Q1, while H2 2016 saw over 411k registrations. June revealed a new low of only 9,600 new signups compared to 40,600 in April. The government of Portugal took €16.3m in tax revenue from online gambling firms in H1 2017, almost 25 percent of online operators’ total revenue.  

 

Related news

Czech Republic's New Strict Online Gambling Rules

One of the most interesting of the European Nations the Czech Republic is undergoing some social changes of late. It has revamped its gambling laws to allow operators to apply for a license to offer gambling services and products to the 10.5 million inhabitants with over 1.2 million residents in the capital Prague.

Czechia is a nation state in Central Europe bordered by Germany, Austria, Slovakia and Poland. It is considered a developed country with an advanced high income economy and high living standards. Concern is growing among newly licensed operators in the Czech Republic as tougher restrictions on online gambling offerings are imposed by the Ministry of Justice, in conjunction with the regulator’s stringent enforcement procedures.

The latest trials have made some operators give up and exit the potentially lucrative betting market. The Czech Republic is the latest country to approve regulated online gaming after the country's president, Miloš Zeman, launched what was expected to be the new online gaming regime and so far a number of matters are left unclear. The Finance Minister, Andrej Babiš, introduced proposals to curb the social harms. Residents are believed to currently wager online $6 billion per year at online casinos and poker rooms and sports betting web sites.

Now, the Ministry of Justice has added more issues for the online operator with hard-line interpretations of the new legislation plus a recently delivered guidance on maximum hourly losses, calling for limited gambling sessions once the limit is breached. A potential ban on bonuses is also part of new guidelines for online gambling service providers issued by the government. The limits imposed by must comply and utilize a mathematical formula that is considered an acceptable tool to calculate losses for players. The so called mathematical basis for the imposed limits include elements such as the size of wager, average payout and the number of times a bet is placed.

 

 

Related news

Trusting The Online Gambling Industry

The amount of trust people put in the online gambling and casinos industry is really amazing and it is an earned respect. It doesn’t take long before a rogue internet casino is exposed and the damage done is usually minimum at least to the industry as a whole.

The trust factor is an important element for online sports betting casino games and poker so feeling secure that the games are not rigged or the match fixed is the cornerstone of wagering.

The issue for the online aspect of betting is its lack of real face to face encounters. The use of robots to outpace and win at poker for example does not give the gambler a sense of security. It is true that computers are running everything today and as artificial intelligence continues to advance and creates the perfect game, people will still rule the gambling world.

The online and terrestrial casinos are all in business to make money so all casino games have a payout that is lower than the theoretical 'full odds' of the game resulting in what is called the 'house edge'. This is not hidden by the casinos. To be safe and get a reliable and relaxing experience stay with large well known brands that are regulated in the UK or an approved UK jurisdiction for example. Play at casinos powered by trusted online casino software, is also a good bet when it comes to a good time. Also look for proof of third party audits of a casinos payouts and random number generators and research your choices.

Gambling responsibly means not playing with funds you cannot afford to lose, winning is why there are bookies and online casinos the house truly always wins. Gambling takes intelligence and the algorithms created by the computer wizards can still be seriously wrong after all look at Brexit and Trump.

Related news

Trump Online Betting Action On The Rise

The interest in American politics has never been greater and watching and even betting on its inevitable outcome, the possible impeachment of the forty fifth president of the USA has become a pastime thousands of people are participating in. There are in-depth studies on the rise and possible decline of the Trump administration.

It appears that things for the most part are not going well for this President but he does have a knack of landing on his feet or should that be tweet. The bookies are having a field day with the number of punters and the instant reaction to the news from Washington about the next chapter in Donald’s saga.

The potential for impeachment is slim with the Republican Party having control over the Senate and the Congress Mr. Trump’s own party would have to turn against him. This looks to be happening with the numerous situations occurring in the White House. Staff chaos is having an effect on the President’s public approval rating. These are all factors contributing to the rising and falling of the bookmaker odds.

The approval rating for the Donald is at an all time low with the latest sackings of the press secretary and possibly the Attorney General  Jeff Sessions, the Trump campaign’s pre-election links with Russia - has accelerated Trump's approval rating decline, now at around 39 per cent according to the latest average. Most of the British books are giving a 48 percent chance of Trumps Impeachment or resignation before 2020 or 11/10 and to serve a full first term its 8/11, that’s a 58 per cent chance.

The pendulum swings in both directions with the possibility of Trump coming out of the speculation fog smelling like a rose. Many believe that Donald Trump has made the biggest gamble of his life with his run for the President and his aim to drain the swamp of Washington’s elite.

 

 

Related news

Clarion Events Acquires Affiliate Summit Corporation

The marketing of the online gambling industry is a major industry in of itself and there are companies which have taken up the cause with great enthusiasm. Clarion Events can trace its roots back to 1947 with a team dedicated to building the business by enhancing the consumer relationship and experience. Clarion Events provides a global platform including the iGB Affiliate series of exhibitions, iGB Affiliate Magazine, InternetRetailing Expo, InternetRetailing Conference , and the Internet Retailing Summit.

Another iGaming Business affiliate-facing brand is iGB Affiliate which has created LAC, AAC and BAC the three biggest affiliate events in the internet gaming industry. The affiliate conferences are an opportunity to maximize exposure for operators and their affiliate networks.

Now iGB Affiliate and its owner Clarion Events has announced the acquisition of the Affiliate Summit Corporation, which includes the Affiliate Summit tradeshow and conference, FeedFront Magazine, GeekCast.fm, ReveNews.com, and the annual AffStat industry benchmark reports.

Affiliate Summit has since launching in 2003 has made great strides in providing a comprehensive events and information platform for the affiliate marketing sector. Expanding the coverage the Affiliate Summit will deliver continued coverage of the affiliate marketing sector both in the USA and now internationally. Affiliate Summit Co-Founders, Missy Ward and Shawn Collins will continue running Affiliate Summit

Shawn Collins commented, “Clarion is widely regarded as a leading event organizer, and we will be harnessing their expertise in order to expand internationally and bring our events to the next level. Becoming part of Clarion will add value to our current brands and provide an opportunity to take new products to emerging markets. Bringing Affiliate Summit and iGaming Business together will deliver enhanced benefits to attendees and exhibitors alike.”

Alex Pratt, Managing Director of iGB Affiliate, Clarion Events also commented,  “This is a really exciting acquisition for Clarion, bringing together the biggest affiliate marketing events company with Clarion’s resources, expertise and successful affiliate shows in igaming and finance.”

 

Related news

Sports Betting Issue Still Plagues USA

The online betting on sports issue in the USA has been talked about and speculated upon by many analysts and legal eagles for is seems like forever. Making decisions about the overall legality of online sports betting  for the most part has been a red herring among the Washington politicians.

The backers of the Republican cause such as Sheldon Adelson wants the federal government to outright ban online gambling forever. The political divide over a number of the real problems facing the Trump administration and the priority of the online gambling issue is obviously not on the radar of most politicians. Specifically the latest problem with the Attorney General Jeff Sessions taking himself out of the picture and yet another administrator coming into the discussions.

There are arguments to be made that maybe Sheldon Adelson will get his wish for a ban on the online gambling industry. The Republicans may be trying a tactic that has worked before by slipping the needed legislation into an omnibus bill that covers a other issues related, such as sports betting. The trade off being the feds let the states have sports betting but prohibit online gambling. Assemblyman Adam C. Gray from California is one proponent of sports betting being legalized by the federal government. "Whether we like it or not, Californians are already betting on sports through illegal and often unscrupulous websites in foreign countries," Gray continued, "It is time to bring this multibillion dollar industry out of the shadows."

The Professional and Amateur Sports Protection Act of 1992 is being questioned as unconstitutional and outdated. The leagues that once supported this Act such as the MLB, the NHL and to a lesser degree the NFL have taken a less aggressive stance against gambling. The introduction of the latest trend Daily Fantasy Sports betting has created yet another issue that politicians all over America are dealing with legally.

 

 

Related news

Online Gambling Braces For Brexit Impact

Brexit has been made official and now the various industries that have been a big part of the European Union’s e-commerce are facing some big questions regarding the future of their businesses. Of the many sectors the online gambling community is showing concerns whether leaving the European Union will have a negative effect on the bottom line.

It may not be the best thing for the E.U. but Britain may do very well in the gambling industry and legal industry. The United Kingdom has six of Europe's biggest gambling and regulatory bodies including the UK Gambling Commission and the Gibraltar Regulatory Authority which licenses some of the largest operators in the online gambling industry today.  Without Britain’s centralized gambling regulations companies and nations are on a state by state basis. The concept of countries assisting each other in difficult times now becomes untenable and no longer legal. A me first before anyone else approach becomes common. It is a step away from which is an unsafe and insecure operating environment for the European Union. When  British Prime Minister Theresa May formally began the much huge UK exit from the European Union the repercussions are beginning to mount up.

Changes have occurred in the internet betting industry as a result of the Brexit already. Most of the changes are being prepared by lawyers who are most concerned about damage control for a lot of online gambling operations and the tearing up of trade agreements with a number of jurisdictions.

Quoting the Teresa May government UKGC CEO Sarah Harrison said, ‘Out of the EU doesn’t mean out of Europe’. Adding, “There will still be the need for regulators – whether Europe-based or international – to share information and talk to each other, to share best practice,”

Aside from having less access to the talent pool of developers and skilled creators of innovative gaming products it looks certain that British internet betting will thrive as it has in the past.

 

 

Related news

Pages