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France Gambles €690m During World Cup
According to brand new statistics, punters in France wagered a massive €690 million during the 2018 edition of the World Cup in Russia. Betting groups in France have reported that double the usual number of bets was received during the global sporting event, which is considered the largest event in the annual football calendar.
The gaming regulator of France, ARJEL, has noted that over €381 million was wagered during the event across 12 of the nation’s licensed online betting operators. A further €309 million was also bet at 27,000 retail outlets across the country. These bets consisted of €17 million in prop bets, €310 million in late round stage bets, and a whopping €363 million in group stage play wagers.
€67.2m Spent on Final Match
Naturally, the event that drew the most bets from French residents was the final between France and Croatia. According to ARJEL’s recent report, over €67.2 million was wagered on that game alone. In total, World Cup matches in which the French team participated attracted €180 million in cash bets – over a quarter of the money wagered on the entire Cup.
France’s betting numbers for the World Cup were impressive indeed, but there are still other countries that managed to bet far more on their chosen teams during the tournament. Chinese punters beat French bettors to the post by far, with China’s national sports lottery handling bets of RMB46.34 billion (US$6.9 billion) – almost four times the figure that was wagered in 2014.
Chinese Bets Outweigh France’s
Participation from China was staggering, with payouts for the aforementioned bets reaching over RMB33.8 billion and the government earning revenues of RMB8.34 billion (or US$1.24 billion). Surprisingly, these numbers actually fell short of the nation’s expectation of RMB50 billion, but regardless, the results are still impressive.
The final World Cup game saw Chinese punters wagering RMB2.74 billion on their favourite sides, and average daily bets for the nation reached RMB1.4 billion. According to local regulators, this is what the Chinese national lottery was earning the week before the Cup began.
Wagering on any sports in China is heavily restricted, with only the sports lottery and a few other state-run choices available for the nation’s 1.4 billion residents. China has also recently cracked down on illicit betting, although it is well aware that its punters will continue to find new channels through which to gamble.
Source: Latest News on European Gaming Media Network
Latest News
ECA and AGEM applaud creation of Association Assembly at ICE Barcelona
The news that January’s ICE Barcelona will include a major new feature dedicated to global gaming’s most influential trade associations has been welcomed by organisations in Europe and abroad.
Making full use of the additional space at the Gran Via Fira de Barcelona, the first ICE Association Assembly has been created to enable trade bodies to promote their values and create new opportunities for the gaming community across every sector and geography, including both the Brussels-based European Casino Association (ECA) and the Association of Gaming Equipment Manufacturers (AGEM), the global trade association for gaming equipment suppliers with its primary headquarters in Las Vegas.
Erwin Van Lambaart, Chair of the ECA confirmed: “Our members are already planning their week in Barcelona and they will be at this historic edition of ICE in great numbers. ICE is a pivotal event for the global gaming community and having a show floor feature which will enable us to engage directly with all sectors is a unique opportunity.
“Traditionally, our association’s involvement at ICE and its Conference program has primarily centred around networking and product development orientation—connecting with our members, regulators, suppliers, and fellow trade bodies. However, ICE 2025 marks a significant milestone. For the first time, the ECA will have the chance to fully interface with the global industry supply chain in its entirety. We are looking forward to this unique opportunity to articulate our vision for the future to a diverse and comprehensive audience, where innovation, responsibility and significant partnerships for guest and customer centricity will have centre stage.”
Daron Dorsey, CEO of AGEM added: “We represent the interests of our gaming suppliers whose well-known brands are global in reach, so to be given the opportunity to explain our agenda and engage with what is a truly international audience of association colleagues on the ICE show floor is invaluable.”
January’s editions of ICE and iGB Affiliate will occupy 120,000sqm of space compared to the 100,00sqm at ICE 2024. In a major endorsement of the opportunities offered by the relocation to Barcelona 72% of the 25 biggest exhibitors will have an increased stand presence at ICE 2025.
The post ECA and AGEM applaud creation of Association Assembly at ICE Barcelona appeared first on European Gaming Industry News.
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Blask Wins Prestigious “Startup of the Year” at 2024 Starlet Awards
Blask, the pioneering AI-powered analytics ecosystem for iGaming, has been named “Startup of the Year” at the prestigious 2024 Starlet Awards. The company earned this recognition for developing a groundbreaking market intelligence platform that has redefined how gaming operators leverage data and market insights.
Award Recognition
The award confirms Blask’s revolutionary approach to market analytics and its significant impact on how iGaming companies access and utilise market intelligence. Powered by AI models including Computer Vision and Natural Language Processing, Blask analyses billions of data points across 2000+ active brands to provide unprecedented market insights.
The Starlet Awards recognition follows Blask’s recent SiGMA Asia Startup Pitch 2024 Award victory. “Winning these awards affirms our belief that innovation and bold ideas can reshape the iGaming landscape. The recognition underscores the impact of our cutting-edge AI technology and our relentless pursuit to transform data into actionable insights”, reflects Max Tesla, CEO and Co-founder of Blask
Blask provides operators with a strategic edge across multiple critical areas. Its real-time market analysis capabilities deliver instant access to crucial market metrics, while the high-granularity data available at one-hour intervals enables swift, informed decision-making. The sophisticated AI modelling system estimates GGR and FTD by analysing a comprehensive range of inputs, including historical data, third-party OSINT data, market performance, competitor metrics, historical brand performance, market reports, and public company disclosures.
Beyond analytics, Blask offers robust brand monitoring and competitor analysis tools, alongside strategic and tactical planning capabilities particularly valuable for market entry decisions and maximising performance during major events. The recently introduced customer profile feature harnesses AI to generate detailed, country-specific user profiles, adding another layer of strategic insight for operators.
The post Blask Wins Prestigious “Startup of the Year” at 2024 Starlet Awards appeared first on European Gaming Industry News.
Latest News
CONCEPT: VERSATILITY AND EFFICIENCY IN SPACES
The CONCEPT cabinet line has been designed to maximize space in casinos, adapting to any configuration. Its efficient design allows for different bank arrangements, making the most of the available area. This gives operators greater flexibility in organizing their gaming floor.
Additionally, the integrated LED strips in CONCEPT eliminate the need for extra signs or wedges, creating a sleek and attractive visual at all times.
The post CONCEPT: VERSATILITY AND EFFICIENCY IN SPACES appeared first on European Gaming Industry News.
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