EEG Reports
The rise of Fantasy Sports
Fantasy sport games are games in which the real players assemble teams of virtual players, that are given specific skills and actual real-life statistics, in order to resemble to reality. Then, real-life players play against other players, by using the teams they assembled one against each other. Seasons are converted into “one-week” timed tournaments. After they compete, they get points that are complied. Football and NFL are the most preferred, but baseball goes first in the USA.
Fantasy sports have been around for quite a while, marking its beginnings short after world war II and officially credited by Daniel Okrent in 1979, in fantasy baseball game. With the influence of technology, personal computers (desktops) internet and mobile phones, the industry has boomed. One Australian company has estimated the worth of the industry at about $2B, growing by 10% each year.
Obviously, the internet has a very big influence on the fantasy sports industry, thus booming once with the rise of networking, web sites and personal computers in 1990. Unlike real games, players could play a whole season in just a week. But how does that industry look in numbers? With an annual growth of over 10%, an Australian company has reported that the industry is worth over $2B. This is how a statistic of the FSTA industry group looks like:
| Category | US | Canada |
|---|---|---|
| Total | 15% | 19% |
| Adults | 13% | 18% |
| Teens | 18% | 30% |
| Males | 19% | 20% |
| Females | 8% | 5% |
| College educated | 18% | 22% |
| No college | 10% | 11% |
| HH income >=$50K | 16% | 15% |
| HH income < $50K | 10% | 10% |
Some consider fantasy sports as a form of gambling, others are arguing that there is more than just “chance”. A “calculated result” can be estimated using information and certain skills attributed to virtual players, in order to foresee the outcome of the match. Fantasy sports range from baseball and basket to auto racing, boxing, cricket football, golf, hockey and almost all sports we can think of.
Also the rise of mobile apps make it even easier for people to “hop in” and start playing, without being dependent from a desktop and internet connection . Mobile phones and Wi-fi are making everything much easier. People can join such activities with their friends, form teams or compete against each other in a more friendly interface, rather than just looking at matches. The desire to look at other matches is growing, people try to get more information about in-game players, their skill-tree and attributions in order to grow the strength of their own teams.
Malta is the first European country to regulate DFS. The decision made was that the DFS no longer require a gambling license in order to function. Daily fantasy sports, continue to grow in popularity and attract new people, willing to bet and follow specific competitions in order to gain bigger winnings.
It’s definitely an industry with a very bright future. Those who play not only will continue playing, and exploring the fascinating world of DFS but will also introduce their friends to it. Competitive games against friends or people you know, is much more fun rather than engage in matches with complete strangers. And it can also make people play more.
Gaming equipment manufacturer Casino Technology has announced a new appointment for Romania to further strengthen the company’s management.
Following its steady plan for continuous market growth, the company named Valentina Dobre as Regional Director for Romania as of 1st of August 2017.
The company claims with Mrs Dobre’s profound expertise, professional background and in-depth knowledge of the gaming industry in the country, she became part of Casino Technology team, ready to implement the overall corporate strategy.
Valentina Dobre commented: “I am honored to accept this position and be part of the high level management team of Casino Technology. I will pursue actively further company positioning and growth on the Romanian market. Casino Technology has been on the country’s market for over 10 years and proved to be leader, having maintained trusted partnerships with local operators and customers.”
Casino Technology stated that Mrs Dobre’s background as Member of the Board of Directors at Romslot Association, Bucharest will additionally increase the Casino Technology market share.
“Valentina Dobre is an important appointment as she brings extensive knowledge of the market, that will help us boost even more our presence in Romania. She will have a crucial role in our further expansion, launching successfully our new line products on the market”, concluded Milo Borissov, Founder, President and CEO of Casino Technology.
The Balkan Entertainment & Gaming Expo (BEGE Expo) and the Eastern European Gaming Summit (EEGS) celebrate their 10th anniversary this year. Due to the big interest for both events the organizers made two major announcements – BEGE will outspread in one more hall and EEGS will start one day earlier than the announced date.
Over 50 leading companies from the industry have already confirmed their presence for BEGE Expo 2017. Well-known leading manufacturers, amongst them being Novomatic, Casino Technology, EGT, Suzohapp, BetConstruct, Interblock, Merkur Gaming, APEX, Alfastreet Trade, Nsoft, JPL and CPI, as well as new participants, such as the leading sports betting company Bet3000 (IBA-Entertainment Ltd.), EXEFEED, Quixant, Zitro, Change Italia s.r.l., Gamebridge Casino Equipment, JCM Europe GmbH, nano Vo sp. Z o.o., Berkotech Kft. and others will exhibit their latest solutions at this year’s BEGE. The great interest for the event forced the opening of new hall, thus making the 10th edition of BEGE Expo the biggest so far.
The registration is already open so you wouldn’t want to miss the chance to register.
Another newness that BEGE Expo 2017 will present is the special Affiliate zone. Following the expansion of the online business in the region, this year the exhibiton will create space for online operators and affiliates from the region to interact and create business partnerships. Affiliate program providers will be able to book their own space in the zone and all affiliates will be admitted for free.
EEGS also promises to reach new heights this year. Reschedule your calendars, because EEGS 2017 will start on 20th of November – one day earlier than intended. This year’s EEGS will continue to follow its main aim – to present the most recent updates from the region, including the countries Serbia, Romania, Greece, Bulgaria, Albania, Slovenia, Montenegro, F.Y.R of Macedonia, the Czech Republic, Slovakia, Poland, Turkey and Croatia.
Separate sessions will be dedicated to Sport Challenges, Impact on gaming operators by Anti-Money Laundering Act, GDPR and online gaming. Day 3 will be focused on Tourism & Gaming, Responsible Gaming Academy and marketing topics.
BEGE Expo and EEGS have gradually established as a center for the gaming and entertainment industry in Eastern Europe and for 10th year in a row will be the place where professionals from the field come in order to expand their business, exchange knowledge and promote new products. For any updates you may follow the official websites of the events: eegamingsummit.com and balkangamingexpo.com
A new partnership agreement will see content from quality slots and table games developer Habanero go live with the BBIN Group.
Under the agreement, the supplier will give the software company access to its complete product portfolio of HTML5 games for all of its white label sites.
Recent releases from Habanero, including Fire Rooster, Bird of Thunder, and Panda Panda, have also been made available to the aggregator.
Daniel Long, Head of Sales at Habanero, said the deal was a game-changer for the supplier and one of the company’s most important to date.
He added: “By partnering with BBIN, we have significantly expanded our presence around the world, which means even more players will be able to enjoy our games.
“Many of them will be a natural fit with BBIN’s customers, but it is the diversity and variety of content that will appeal the most.”
Habanero operates a stable of 75 video slots titles, 9 table games, and 50 video poker titles, which are integrated into over 45 operators and aggregators and available in 21 European and Asian languages.
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