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Bookies Rejoice with Planned Return of the PL

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To the supreme joy of UK bookies, punters, and football fans alike, The Premier League (PL) has been given the green light to resume after its multi-month-long hiatus. Beginning on 17th June, teams will once again hit the field with the goal of finishing off the rest of the season before 2nd August, a deadline set by the Uefa.

Finally, with major questions being answered – including a frenzy of televised games – sportsbooks can breathe a collective sigh of relief that the football betting market will soon be back in action. Of course, the 92 remaining fixtures (all clubs playing 29 games each) will need to playout according to pandemic rules, which means matches will take place in empty stadiums and mostly at the stadiums of the home team. Every match will be shown live on TV, with 64 of the 92 games on Sky and 25 of the 92 games to reportedly be free to air.

The Return of Football Could Give Bookmakers a Much-needed Profit Boost

COVID-19 has devastated economies across the globe and few businesses can claim that they haven’t suffered a loss in revenue since the novel coronavirus tightened its hold. Gambling operators, particularly sportsbooks, are not among these lucky few.

Even social-distance friendly online and mobile bookies have felt the crushing blow with football being the main income source for these apps; an income that quickly dried up when professional sports were suspended across the board in March.

But is canceling football really such a loss to these brands that have so many other sports markets? Indeed, it is. According to a 2018 UK Gambling Commission survey, 73% percent of gabling participants engage in sports betting online and football is the most popular betting activity followed closely by horse racing.

Even in Germany football is usually the top choice among bettors but COVID has been affecting major markets. This has resulted in either German punters choosing to pause betting activities (85.1%), or those who continue to bet to turn their attention to the likes of virtual sports and eSports. In fact, eSports events have actually done very well at German sportsbooks, taking 75% of bets in recent months versus the mere 7.1% on football.

However, with the Premier League returning, online bookies are likely to see a return of some of their bettors. What’s more, even land-based bookies may finally catch a break after being forced to shut their doors for nearly three months, as physical shops are also set to open 15th June.

 

The Future Remains Uncertain

Still, while some bookies may be ready to breathe a collective sigh of relief, others are holding their breath because dates of reopening shops and resuming PL matches could be pushed back if infection rates rise.

Moreover, although the Premier League has resolved what it will do next, this doesn’t mean that other clubs and leagues are in the same boat. On the contrary, at the time of this writing, League Two clubs voted to end the season, League One has yet to reach a decision about what it will do, and the Championship continues to hope it will resume.

Also, let’s not forget that even if the Premier League and other clubs and leagues restart, this doesn’t mean that all will go according to plan. Without a vaccine, medical protocols still need to be stringently followed. Any players or staff member who tests positive for COVID-19 will be required to isolate for seven days. While this may not be a problem if only one or two become infected, if multiple players test positive, this – or a wide-scale resurgence of the virus in the country – could, yet again, bring the season to a standstill.

For now, bookies, punters, and football fans can only hope the new normal will kick-off for the PL without a hitch.

With an experience of over 8 years in the online gambling industry, as an affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

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DreamPlay consolidates its status as a global player in the iGaming industry and opens an office and campus in Cyprus

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DreamPlay’s ambitions go far beyond simple game development. With a new office in Limassol, the international iGaming solutions provider is expanding its presence in Europe and laying the foundations for a new philosophy of the iGaming business.

The location in Limassol was not chosen by chance – Cyprus has long become the European center of iGaming. It is here that key market players, large operators and financial structures supporting the industry are concentrated. And the high concentration of technology and talented developers allows DreamPlay to form its own ecosystem of talent.

If in the 2010s Cyprus became a hub for classic iGaming operators, today it is a point of attraction for technology companies that are betting on metaverses and the integration of games into a wider digital ecosystem. DreamPlay is one of those shaping this trend.

Google-style campus for game development talents

The DreamPlay office and campus in Limassol are part of the company’s international network of corporate campuses. Similar hubs already operate in Thailand, Bali, Peru, the UAE and Poland. They offer employees comfortable working conditions and the ability to move between locations, accommodation, meals, legal support for stays in different countries. And all this is at the expense of the company. -And the flexible work format and 4-day work week in the company helps DreamPlay talents maintain a healthy work-life balance. It’s all about well-established business processes and taking care of the team.

It’s nice to know that you can come to the country, and there is a Dream Campus where friends, like-minded people and someone who can simply take care of you are waiting for you. They will meet you at the airport, give you a tour, accompany you on medical or legal issues. It’s all part of the team.

“iGaming is an industry of emotions. Therefore, the people who create it should work where they feel best. Therefore, in our campuses we create an environment where the team can feel maximum freedom for creativity, focus on creating new breakthrough products. And not be distracted by everyday issues. And we are sure that this gives us a strategic advantage, because we are sure that our employees have received better conditions than their colleagues in other companies. Comfort, flexibility and freedom are part of our global philosophy of DreamPlay,” shares DreamPlay CEO Alex Tkach.

 

What does this mean for the market?

Opening a DreamPlay office in Cyprus is a wise decision, as the company is preparing to enter new markets and partner with the largest iGaming players. It is also a signal to the entire market that the company is moving into the league of global players who dictate trends, rather than following them.

If today Cyprus is another platform for international expansion, then tomorrow DreamPlay may turn into one of the first technology companies in iGaming, operating on the principle of large IT holdings.

And this is where the main intrigue lies: will DreamPlay become the one who fundamentally rethinks the very nature of the industry?

The post DreamPlay consolidates its status as a global player in the iGaming industry and opens an office and campus in Cyprus appeared first on European Gaming Industry News.

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BGC Represents Betting and Gaming Sector at Shadow DCMS Roundtable

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Standards body the Betting and Gaming Council (BGC) has represented the regulated betting and gaming sector at a shadow DCMS roundtable held on Tuesday.

The roundtable, titled: Future of the Gambling Industry in the United Kingdom, drew industry leaders together to explore key issues including responsible gambling, regulatory developments and the future of the sector.

CEO Grainne Hurst represented the BGC at the summit, hosted by Shadow Secretary of State for Culture, Media and Sport Stuart Andrew MP and Shadow Minister for Gambling Louie French MP inside the House of Common’s Shadow Cabinet Room.

BGC CEO Grainne Hurst said: “It was fantastic to sit down alongside our members and other stakeholders from across our diverse sector to thrash out the challenges and opportunities facing the sector today with the shadow DCMS team.

“We are incredibly fortunate to have Stuart Andrew and Louie French, two dedicated MPs who understand this industry, and are keen to ensure the Opposition are completely across the key pressures facing our members, their millions of customers, and thousands of employees.

“Collaboration is key for the BGC, and we welcome this positive engagement with the shadow DCMS team.”

The roundtable also focussed on balancing economic growth with consumer protections and social responsibility.

Following welcome remarks, the summit heard industry’s perspectives on current challenges and future opportunities plus ways in which the Opposition can support future policy.

Grainne attended alongside representatives from BGC members, Flutter, Entain, Evoke, bet365, Bally’s, The Rank Group, Star Sports and the Hippodrome Casino, plus the UK Tote Group, National Lottery, BACTA and the Gambling Business Group.

BGC members support 109,000 jobs, generate £6.8bn for the economy while raising £4bn in taxes.

They also help fund horseracing to the tune of £350m a year through sponsorship, media rights and the levy, provide £40m for the English Football League and its clubs and millions more for rugby league, darts and snooker.

Each month in Britain around 22.5m adults have a bet and the most recent NHS Health Survey for England estimated that 0.4% of the adult population are problem gamblers.

The post BGC Represents Betting and Gaming Sector at Shadow DCMS Roundtable appeared first on European Gaming Industry News.

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Allwyn Secures WLA and EL Responsible Gaming Certifications

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Allwyn UK, operator of The National Lottery, has announced that it has secured the European Lotteries (EL) Responsible Gaming Certification, as well as Level 4 of the World Lottery Association’s (WLA) Responsible Gaming Framework – the highest possible level.

The responsible gaming accreditations from these leading industry bodies help ensure that members of these organisations – like Allwyn and other lottery operators worldwide – operate their licensed lotteries with the highest standards of player protection and safety. They also reflect how successfully a lottery has implemented responsible play into its day-to-day operations.

These industry-standard certifications demonstrate Allwyn’s firm commitment to participant protection – with a continuous programme of work to prevent underage and excessive play from the outset.

Allwyn’s CEO, Andria Vidler, said: “Just over a year on from taking over as The National Lottery operator, we’re delighted to announce that we’ve achieved these important EL and WLA Responsible Gaming Certifications.

“National Lottery games are specially designed to be safe and secure, ensuring they don’t appeal to underage or vulnerable players. However, with over 30 million people routinely playing National Lottery games – raising over £30 million a week for Good Causes in the process – it’s crucial that we continue to do everything we can to prevent underage and excessive play.

“So, it’s great to have this external recognition of what we’ve achieved so far, but we also know that our work in this area is never finished. We plan to continue working hard on our responsible play credentials and driving up our own high standards, keeping National Lottery players at the heart of everything we do.”

The post Allwyn Secures WLA and EL Responsible Gaming Certifications appeared first on European Gaming Industry News.

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