With interest among younger players waning amid a proliferation of desktop and mobile betting opportunities, analysts at Credit Suisse have written that non-casino electronic gaming machine (EGM) participation is in decline in Australia and New Zealand.
GamblingData estimates in a new Data Forecasting report that the recent launch of Italy’s Palinsesto Supplementare system will help gross gambling yield (GGY) from regulated online sports betting grow 11 percent year-on-year to €218.3m in 2014.
The share of total sports revenue accounted for by Betfair’s revamped sportsbook passed the 10 percent mark in the year to October 2013, with management on Tuesday acknowledging some degree of cannibalisation in the firm’s flagship exchange offering.
GamblingData estimates that the sales per capita generated by Turkey’s soon-to-be-privatised Milli Piyango lags its major European peers by a factor of over 90 percent, underlining the lottery’s scope for growth under new management.
New figures from the UK Gambling Commission show that gross gambling yield swelled to £6.32bn in the year to March as casinos, betting shops, bingo halls, society lotteries, and remote gambling all grew revenues.
Spanish online gaming revenue fell back 6.5 percent sequentially to €51.9m in the third quarter, weighed down by skinny gross win margins coinciding with the start of the 2013/14 football season.
Analysts at Morgan Stanley have warned clients that next week’s launch of real-money online gaming in New Jersey may be hindered by technical hurdles similar to those which blighted the initial implementation of Affordable Care Act (ACA) exchanges in the U.S.
GamblingData estimates that online sports betting revenue in Denmark fell by 10.4 percent sequentially to DKK116m (€15.5m) in the third quarter of 2013, marking the regulated market’s first meaningful deceleration since its opening at the beginning of 2012.
New data indicates that UK-facing operators Paddy Power and William Hill are making significant inroads into the Italian online sports betting market, having taken market share from Italy’s long tail of smaller concessionaires over the course of 2013.
Amidst continued dramatic declines in its pool of active players, ailing online giant Bwin.Party Digital Entertainment generated double-digit improvements in average revenue per customer in each of its three major product verticals in the third quarter.