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The French Are Setting Betting Records for the FIFA World Cup

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The French Are Setting Betting Records for the FIFA World CupReading Time: 1 minute

ARJEL, the French gambling regulator, published official stats, with regards to the amount of people wagering over the World Cup. The World Cup is happening in Russia, but the French team is still going strong and there is potential that they may be able to win it.

There are 48 group stage matches that occurred between June 14 and June 28. On those games, French bettors spent 363 million euros. In comparison, the 2014 World Cup saw about 166 million euros wagered, and about half of it was for the group stage. Total, for the entire event 290 million euros was spent by French bettors in 2014.

This year’s World Cup group stage wagering also exceeded the €297m wagered during the 51 competition matches of the 2016 UEFA European Championships.

Of the sum wagered so far on the 2018 tourney, €159m was placed with the 27k points of sale of the Française des Jeux (FDJ) retail sports betting monopoly. The remaining €204m was placed with ARJEL’s 12 online sports betting licensees.

The 2018 FIFA World Cup continues to push sports betting forward all across the globe and China recently revealed great results. According to official data, the segment is on track to reach US$7.5 billion by the end of the tournament.

The US$4 billion figure bet over the first two weeks of tournament amounts to nearly a quarter of what was bet during the full year 2017 and is 300 per cent higher than that reached at the same stage during the 2014 World Cup.

 

Source: CalvinAyre.com


Source: European Gaming Media Latest News

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great SuccessReading Time: 1 minute

 

The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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New York State Lottery Reports Record Revenues for the 2018 Fiscal YearReading Time: 1 minute

 

The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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Spillemyndigheden Introduces Whistleblower Scheme

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Spillemyndigheden Introduces Whistleblower SchemeReading Time: 1 minute

 

Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

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