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70% of UK Punters Have Continued To Bet Throughout Lockdown, Freebets.com Survey Finds

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freebets-survey-lockdown 70% of UK Punters Have Continued To Bet Throughout Lockdown, Freebets.com Survey Finds
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Horse racing was by far the most popular sport to bet on, despite the closure of UK and Irish racecourses; 40% said they bet on Esports and Virtual Sports

Freebets.com, a leading UK betting comparison site, owned and operated by XLMedia today released an informative survey outlining the state of the UK’s online betting market during the COVID-19 lockdown.

The report reveals intriguing insights into the areas that have continued to thrive, with over 70% of British bettors continuing to place bets despite the temporary suspension of almost all major professional sports.

The survey questioned visitors to the freebets.com site between April 6 and April 26, 2020 and found that horse racing was by far the most popular sport to bet on, with 34.5% of respondents saying they were still placing wagers on international racing.

Despite UK and Irish courses being closed as of mid-March, racing carried on in countries including Australia, the US and Sweden.

The survey also showcased the rise in prominence of Esports and virtual sports, as betters embraced these new categories. A significant 40% of players said that they have now betted on these computer-based sporting options.

Stuart Simms, XLMedia PLC Group CEO said, “The results of this survey have been particularly encouraging, illustrating how our customers have continued to enjoy betting on sports at this time. The popularity of Esports and Virtual Sports stand out as the data suggests that these new categories have begun to cement their position as viable betting options.”

Somewhat surprisingly, football also remained an attractive proposition for betting fans as 25% said they were continuing to bet on the beautiful game, even though the only live games were from less popular leagues such as the Belarusian Premier League and Nicaraguan Primera Division.

The full survey results can be found at https://www.freebets.com/freebets-com-survey-online-betting-during-the-covid-19-crisis/.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: 70% of UK Punters Have Continued To Bet Throughout Lockdown, Freebets.com Survey Finds

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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FANDOM SPORTS Retains Segev LLP as Lead Counsel for Global iGaming Licensing

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4-29 FANDOM SPORTS Retains Segev LLP as Lead Counsel for Global iGaming Licensing
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FANDOM SPORTS Media has retained Segev LLP as lead counsel for all endeavours pertaining to global iGaming licensing. The Company will be undertaking a strategic review to prioritise jurisdictions that will enable the firm to expand its regulatory footprint efficiently and at scale.

Segev LLP employs a strong iGaming team with corporate, commercial, IP commercialisation, M&A, private equity finance, public markets finance, privacy and data, and regulatory and compliance experience.

In advance of the iGaming initiative, the Company has also secured a domain and brand identity surrounding the betting platform. www.gamersatodds.com unifies the business plan and opportunity that the Company will be executing upon.

“We are pleased to take definitive steps towards accelerating our dual initiatives of the all ages Esports engagement platform and the pure play regulated Esports betting platform. Regulated Esports betting is now a mainstream business opportunity and there is an implied quantifiable value for these types of businesses. We look forward to accelerating our licensing initiatives and building a true global Esports betting brand that is fully regulatory and compliant,” David Vinokurov, CEO and President of Fandom Sports, said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: FANDOM SPORTS Retains Segev LLP as Lead Counsel for Global iGaming Licensing

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MGA Publishes Consultation Paper on Suspicious Betting Reporting Requirements

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The Malta Gaming Authority (MGA) has published a consultation paper on suspicious betting reporting requirements and other sports integrity measures.

In August 2019, the Malta Gaming Authority announced the establishment of a Sports Integrity Unit. It is the Authority’s intention to implement a set of Suspicious Betting Reporting Requirements, which will oblige B2C licensees offering betting on sporting events to inform the Authority of any instance of suspicious betting.

Prior to bringing into force these requirements, the Authority is reaching out to stakeholders for feedback on the proposed mechanisms for due consideration. In consolidating perspectives of interested parties through public consultation, the Authority is better placed to implement effective and efficient regulatory processes around suspicious betting in the sports betting sector.

In addition, the Authority is also interested in initiating a dialogue with B2B licensees to consider what their contribution towards sports integrity can look like in terms of detection and exchange of information with either B2C licensees, or the Authority itself.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: MGA Publishes Consultation Paper on Suspicious Betting Reporting Requirements

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Digital Chain Chief Executive Iryna Kurochinka to Step Down

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2-22 Digital Chain Chief Executive Iryna Kurochinka to Step Down
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Iryna Kurochinka, founder and chief executive of Digital Chain, is to step down from her role later this year.

Kurochinka will leave the business on July 1, in order to pursue other projects. Until a replacement CEO is hired, the company’s board of shareholders will take charge of the agency’s strategic and operational management.

“I have put all of myself into this project and I am incredibly proud of the result that the team and I have achieved. Digital Chain today is a chain of knowledge, inspiration, and support, the most powerful comprehensive expertise, experience in both local and global markets,” Kurochinka said.

“The agency has successfully overcome the turning point of all startups, the first three-year period, and is ready to confidently move on. Plans for the future are outlined, and a new leader’s fresh approach will help to find new and effective ways to achieve them,” she added.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Digital Chain Chief Executive Iryna Kurochinka to Step Down

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