EGR's slots monthly tracker (October 2022) - only Europe.
All the latest statistics on the top-ranking slots from 464 of the largest casino sites throughout 24 countries across Europe. This month there were more than 10,000 casino slots in the ranking calculations, with the rankings calculated by tracking each casino page every day over the month and monitoring which game occupies each position. Each position is weighted so that the top positions on the page have a higher weighting than those towards the bottom. Likewise, the pages, sites and countries are weighted to give a fairer view on the success of casino games.
All the latest statistics on the top-ranking slots from 464 of the largest casino sites throughout 24 countries across Europe. This month there were more than 10,000 casino slots in the ranking calculations, with the rankings calculated by tracking each casino page every day over the month and monitoring which game occupies each position. Each position is weighted so that the top positions on the page have a higher weighting than those towards the bottom. Likewise, the pages, sites and countries are weighted to give a fairer view on the success of casino games.
How 888 Africa is Setting the Standard for Market Entry
888 Africa recently released their quarterly report, and it has set a new benchmark for how to enter a new market. This joint venture between 888, an online gaming giant, and a team of African industry veterans is targeting both mature and untapped regulated markets in Tanzania, Zambia, Mozambique, and Kenya. 888 owns just under 20% of the venture with room to grow, showing they are not overcommitting themselves while still having the ability to eventually own 100%.
888 Africa's model is based on four key principles that are driving their success.
The first is localized product. By understanding the local regulations in each market and crafting products tailored to those rules and regulations, 888 Africa has been able to create experiences that customers love and keep them coming back for more.
The second key principle is localized marketing. Knowing exactly which channels are working best in each market as well as creating campaigns that resonate with customers has led to strong early performance for 888 Africa in all four markets. Not only does this mean better results for their bottom line but also happier customers who will spread the word about 888 Africa's products within their own networks.
Thirdly, they have leveraged the power of technology to create experiences that are personalized for each customer. By leveraging data collected from user experience surveys and other sources such as social media platforms, they can tailor promotions and offers specifically designed around each individual customer's preferences. This helps build loyalty as customers feel like they're getting something special just for them when they interact with 888 Africa's products or services.
Finally, they have created an ecosystem of partners across all four markets to ensure smooth delivery of both products and services. These partners include payment service providers, affiliate networks, software providers, marketing agencies, etc.
888 Africa recently released their quarterly report, and it has set a new benchmark for how to enter a new market. This joint venture between 888, an online gaming giant, and a team of African industry veterans is targeting both mature and untapped regulated markets in Tanzania, Zambia, Mozambique, and Kenya. 888 owns just under 20% of the venture with room to grow, showing they are not overcommitting themselves while still having the ability to eventually own 100%.
888 Africa's model is based on four key principles that are driving their success.
The first is localized product. By understanding the local regulations in each market and crafting products tailored to those rules and regulations, 888 Africa has been able to create experiences that customers love and keep them coming back for more.
The second key principle is localized marketing. Knowing exactly which channels are working best in each market as well as creating campaigns that resonate with customers has led to strong early performance for 888 Africa in all four markets. Not only does this mean better results for their bottom line but also happier customers who will spread the word about 888 Africa's products within their own networks.
Thirdly, they have leveraged the power of technology to create experiences that are personalized for each customer. By leveraging data collected from user experience surveys and other sources such as social media platforms, they can tailor promotions and offers specifically designed around each individual customer's preferences. This helps build loyalty as customers feel like they're getting something special just for them when they interact with 888 Africa's products or services.
Finally, they have created an ecosystem of partners across all four markets to ensure smooth delivery of both products and services. These partners include payment service providers, affiliate networks, software providers, marketing agencies, etc.
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It feels like it's just another round.
"India has asked Google to stop displaying surrogate ads of overseas betting companies such as Fairplay, PariMatch, Betway and 1xBet in search results and YouTube, amid a crackdown on illegal online gambling." The real source of that news post: https://www.livemint.com/news/india/google-told-to-drop-advertisements-of-online-betting-firms-11670350838274.html
This has nothing to do with SEO and search engine results. It is about google display ads.
For those who reached out to me recently - first of all, thanks. But this "fight" has gone on for a while now. If you were running some ads in India recently - you might've realized that you were getting banned in multiple advertising sources, not only OTT and TV.
The cost of affiliate traffic will go up. The price of talent will also rise. The payback period will move further away. Big guys will survive, and small ones - better wait to enter the market.
Please, read trusted Telegram channels. Subsribe: @belianinknows
"India has asked Google to stop displaying surrogate ads of overseas betting companies such as Fairplay, PariMatch, Betway and 1xBet in search results and YouTube, amid a crackdown on illegal online gambling." The real source of that news post: https://www.livemint.com/news/india/google-told-to-drop-advertisements-of-online-betting-firms-11670350838274.html
This has nothing to do with SEO and search engine results. It is about google display ads.
For those who reached out to me recently - first of all, thanks. But this "fight" has gone on for a while now. If you were running some ads in India recently - you might've realized that you were getting banned in multiple advertising sources, not only OTT and TV.
The cost of affiliate traffic will go up. The price of talent will also rise. The payback period will move further away. Big guys will survive, and small ones - better wait to enter the market.
Please, read trusted Telegram channels. Subsribe: @belianinknows
mint
Google told to drop advertisements of online betting firms
India has asked Google to stop displaying surrogate ads of overseas betting firms such as Fairplay, PariMatch, Betway in search results
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Remember when Twitch just recently banned casino streamers? Here is what happened next: Stake.com co-owner Eddie Craven has just invested in live streaming platform Kick following Twitch’s decision to ban high-stakes casino streams.
This week, high-profile streamer Trainwreck publicly announced his decision to join Kick, and the platform saw over 200,000 signups in just 24 hours. Let’s look at why this is such an essential investment for Craven and the streaming world.
Craven will now have access to a new platform from which he can directly promote Stake. This investment provides them with an avenue that allows them to continue building their brand presence amongst their target audience.
The platform also allows streamers more control over what content they present, with no moderation imposed on users or their streams unless explicit material is shared that violates community guidelines. And, of course, gambling content is welcomed.
For Trainwreck and other streamers affected by the Twitch ban, Kick provides new opportunities to engage with followers and build relationships with fans. Streamers can make money through subscriptions, donations, and tip jar systems within the app.
PS: Kick looks like a pure copy of Twitch.
This week, high-profile streamer Trainwreck publicly announced his decision to join Kick, and the platform saw over 200,000 signups in just 24 hours. Let’s look at why this is such an essential investment for Craven and the streaming world.
Craven will now have access to a new platform from which he can directly promote Stake. This investment provides them with an avenue that allows them to continue building their brand presence amongst their target audience.
The platform also allows streamers more control over what content they present, with no moderation imposed on users or their streams unless explicit material is shared that violates community guidelines. And, of course, gambling content is welcomed.
For Trainwreck and other streamers affected by the Twitch ban, Kick provides new opportunities to engage with followers and build relationships with fans. Streamers can make money through subscriptions, donations, and tip jar systems within the app.
PS: Kick looks like a pure copy of Twitch.
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I feel like we need more stories like these to drive more people into sports betting.
A teacher from New York placed a $90,818.19 bet on Morocco to advance to the quarterfinals of the World Cup, which returned over $1 million 🤯🤯🤯
The bettor says he has built up his bankroll by hitting big parlays and that this was the biggest bet of his life.
He claims to have had no knowledge about Morocco’s national team or any strategy going into the bet, saying it was simply a hunch that they were undervalued because no one was wagering on them.
After Morocco won on penalty kicks, he withdrew all of his winnings and went back to teaching elementary school kids how to play volleyball.
https://www.actionnetwork.com/soccer/teacher-wins-1m-from-90k-bet-on-morocco-while-he-says-he-was-teaching-volleyball-class
A teacher from New York placed a $90,818.19 bet on Morocco to advance to the quarterfinals of the World Cup, which returned over $1 million 🤯🤯🤯
The bettor says he has built up his bankroll by hitting big parlays and that this was the biggest bet of his life.
He claims to have had no knowledge about Morocco’s national team or any strategy going into the bet, saying it was simply a hunch that they were undervalued because no one was wagering on them.
After Morocco won on penalty kicks, he withdrew all of his winnings and went back to teaching elementary school kids how to play volleyball.
https://www.actionnetwork.com/soccer/teacher-wins-1m-from-90k-bet-on-morocco-while-he-says-he-was-teaching-volleyball-class
Action Network
Teacher Wins $1M From $90K Bet on Morocco While He Says He Was Instructing Volleyball Class
Read about how a teacher from New York won $1 million from a $90K bet on Morocco -- while he says he was instructing a volleyball class.
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Valuable insights from Kambi regarding the patterns of football betting during the WC.
At the end of 90 minutes, Kambi must simultaneously settle hundreds of thousands of pre-match and live bets from normal time whilest also managing a heavy spike in new betting activity. In such these circumstances, only those sportsbooks with the necessary level of trading expertise and high-performance technology capable of managing such activity without hindering the user experience will succeed.
As you can see from the graph below, bet volume between full -time and extra -time on the Kambi network during the Morocco versus Spain encounter on Tuesday was one of the highest across the whole match. It was a similar story in the Japan versus Croatia match too.
Even more notable, however, is the spike at the end of extra time and during the penalty shoot-out, which was the highest of any point throughout the duration of the match. Many sportsbooks have opted not to invest and improve their offering specifically for such circumstances as extra -time and penalty shoot-outs don’t occur very often. However, with the match at its most intense during this period, our data shows that bettors want to bet when the game is most on the line and can go either way, underlining the importance of offering bettors a meaningful way to engage with every aspect of the match from the first to last kick that will aid in the retention of those bettors in the long -run.
We saw similar trends to this during Euro 2020. Games that went to penalties during the tournament saw a greater percentage of bets taken during extra time than in the first or second halves of normal time, for example, while, on average, 14% of bets taken when the game went the distance, occurred during penalty shoot-outs.
Source: EGR
At the end of 90 minutes, Kambi must simultaneously settle hundreds of thousands of pre-match and live bets from normal time whilest also managing a heavy spike in new betting activity. In such these circumstances, only those sportsbooks with the necessary level of trading expertise and high-performance technology capable of managing such activity without hindering the user experience will succeed.
As you can see from the graph below, bet volume between full -time and extra -time on the Kambi network during the Morocco versus Spain encounter on Tuesday was one of the highest across the whole match. It was a similar story in the Japan versus Croatia match too.
Even more notable, however, is the spike at the end of extra time and during the penalty shoot-out, which was the highest of any point throughout the duration of the match. Many sportsbooks have opted not to invest and improve their offering specifically for such circumstances as extra -time and penalty shoot-outs don’t occur very often. However, with the match at its most intense during this period, our data shows that bettors want to bet when the game is most on the line and can go either way, underlining the importance of offering bettors a meaningful way to engage with every aspect of the match from the first to last kick that will aid in the retention of those bettors in the long -run.
We saw similar trends to this during Euro 2020. Games that went to penalties during the tournament saw a greater percentage of bets taken during extra time than in the first or second halves of normal time, for example, while, on average, 14% of bets taken when the game went the distance, occurred during penalty shoot-outs.
Source: EGR
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Почти каждый основатель, которого я знаю, боится провала.
Но лучшие из них сумели приручить страх и использовать его для своей выгоды.
Для них провал — это не тупик. Это просто еще одна точка на карте пути к настоящему успеху.
Я сам с годами стал особенно ценить людей, которых жизнь уже пару раз приложила об стену.
Потому что они знают, что не работает. Они принимали жесткие решения. И они остаются спокойными, даже когда кажется, что выхода нет.
Никто не ставит целью облажаться. Но провал многое может дать:
– Ясность.
Твоя «гениальная» стратегия роста быстро треснет по швам, когда появятся реальные цифры.
Провал вскрывает слепые зоны — и чем раньше, тем дешевле.
– Стойкость.
Кампания сгорела, эго пострадало — либо ты сдаешься, либо становишься проворнее.
– Находчивость.
План А провалился? Отлично. Настало время включить мозги. Так рождаются новые цели и нестандартные решения, которые другие просто не видят.
Я как-то работал с основателем, который до запуска iGaming-платформы уже пару раз прогорел.
И он не искал быстрых путей. Он строил системно:
– Нанимал людей не только с нужными скиллами, но и с правильными ценностями.
– Заложил бюджет на несколько тестов, а не пошел ва-банк.
– Прописал план Б на каждом этапе воронки.
Да я и сам вот что недавно сказал своей команде:
«Я лучше возьму в проект человека, который уже много раз ошибался — и знает цену каждой такой ошибки.»
Потому что успех — это то, к чему мы стремимся.
Но закаляет ли он характер?
Так что в следующий раз, когда все развалится — не спеши сдаваться.
Разбери, что пошло не так. Вынеси урок. И преврати это в горючее для следующих рывков.
Немного мотивации для вас👍
Но лучшие из них сумели приручить страх и использовать его для своей выгоды.
Для них провал — это не тупик. Это просто еще одна точка на карте пути к настоящему успеху.
Я сам с годами стал особенно ценить людей, которых жизнь уже пару раз приложила об стену.
Потому что они знают, что не работает. Они принимали жесткие решения. И они остаются спокойными, даже когда кажется, что выхода нет.
Никто не ставит целью облажаться. Но провал многое может дать:
– Ясность.
Твоя «гениальная» стратегия роста быстро треснет по швам, когда появятся реальные цифры.
Провал вскрывает слепые зоны — и чем раньше, тем дешевле.
– Стойкость.
Кампания сгорела, эго пострадало — либо ты сдаешься, либо становишься проворнее.
– Находчивость.
План А провалился? Отлично. Настало время включить мозги. Так рождаются новые цели и нестандартные решения, которые другие просто не видят.
Я как-то работал с основателем, который до запуска iGaming-платформы уже пару раз прогорел.
И он не искал быстрых путей. Он строил системно:
– Нанимал людей не только с нужными скиллами, но и с правильными ценностями.
– Заложил бюджет на несколько тестов, а не пошел ва-банк.
– Прописал план Б на каждом этапе воронки.
Да я и сам вот что недавно сказал своей команде:
«Я лучше возьму в проект человека, который уже много раз ошибался — и знает цену каждой такой ошибки.»
Потому что успех — это то, к чему мы стремимся.
Но закаляет ли он характер?
Так что в следующий раз, когда все развалится — не спеши сдаваться.
Разбери, что пошло не так. Вынеси урок. И преврати это в горючее для следующих рывков.
Немного мотивации для вас
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Sports betting regulation in Brazil has suffered a significant setback after outgoing President Jair Bolsonaro failed to sign off on the legislation by the December 12th deadline. What does it mean for the industry and market overall? What's next? Let's explore.
The Law would have introduced a $4.4 million license fee for operators and was expected to return almost $1 billion yearly in taxes for the government. The new President, Lula, has indicated his support for the sector and could make regulation a priority during his early tenure as President.
The absence of the legislation leaves Brazil's online sports betting market in limbo, with no clear way forward or timeline for when it may be regulated. This is a significant setback for companies within the industry as they can't now appropriately capitalize on their presence.
It is still being determined when or if regulation will be introduced, and companies within the sector must now wait to see how Lula's plans for the industry develop. Until then, businesses may have to continue operating in a grey market.
For small companies, it allows them to avoid significant taxation and keep operating without a license. Meanwhile, giants such as bet365 or other public companies could've used regulation as a massive market entry point by bringing colossal investments. Who benefits more? Only time will tell.
The Law would have introduced a $4.4 million license fee for operators and was expected to return almost $1 billion yearly in taxes for the government. The new President, Lula, has indicated his support for the sector and could make regulation a priority during his early tenure as President.
The absence of the legislation leaves Brazil's online sports betting market in limbo, with no clear way forward or timeline for when it may be regulated. This is a significant setback for companies within the industry as they can't now appropriately capitalize on their presence.
It is still being determined when or if regulation will be introduced, and companies within the sector must now wait to see how Lula's plans for the industry develop. Until then, businesses may have to continue operating in a grey market.
For small companies, it allows them to avoid significant taxation and keep operating without a license. Meanwhile, giants such as bet365 or other public companies could've used regulation as a massive market entry point by bringing colossal investments. Who benefits more? Only time will tell.
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Unibet analyzed its mid-World cup performance, and here are the top takeaways:
- They improved its Unibet Bet Builder and launched a new landing page just before the event. As a result - The Bet Builder is booming, with pre-match activity increasing by 35% from the group stage to the knock stage. The Bet Builder has accounted for 29 percent of all legs in the customers' World Cup bets.
- One of the new features delivered with the latest landing page of Bet Builder is a top picks lobby, where their customers can also see who their fellow countrymen are backing to win. It is a good insight during such a big tournament with many feelings and sympathies involved.
- Pre-match betting is regaining popularity, accounting for more than 50% of all bets. The trend becomes evident during a big event like the World Cup, which attracts a much broader customer base.
- Customers have started backing underdogs more often than usual.
- They improved its Unibet Bet Builder and launched a new landing page just before the event. As a result - The Bet Builder is booming, with pre-match activity increasing by 35% from the group stage to the knock stage. The Bet Builder has accounted for 29 percent of all legs in the customers' World Cup bets.
- One of the new features delivered with the latest landing page of Bet Builder is a top picks lobby, where their customers can also see who their fellow countrymen are backing to win. It is a good insight during such a big tournament with many feelings and sympathies involved.
- Pre-match betting is regaining popularity, accounting for more than 50% of all bets. The trend becomes evident during a big event like the World Cup, which attracts a much broader customer base.
- Customers have started backing underdogs more often than usual.
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It's lovely to see this kind of traction in the US. My favorite "series" to sit and watch. There is much to learn, even though the online side of our industry there is new compared to Europe or any other mature markets. Because of the amount of high-profile talent and enormous marketing spending are boosting the learning curve. And some tremendous non-iGaming industry minds are bringing their strategic vision from other entertainment verticals.
If there was a reverse learning process a few years back, now it's us watching what's going on with a pack of popcorn in our hands.
And as a result - October was the US iGaming industry's second highest-grossing month on record, only eclipsed by March 2022 ($5.35B). Leading operators combined generated an impressive $453.1 million in revenue - up 26.8% from October 2021.
Year-to-date iGaming revenue is at an all-time high of $4.08 billion, an increase of 38.1% compared to the same period in 2021. It's safe to say that iGaming is booming this year.
If there was a reverse learning process a few years back, now it's us watching what's going on with a pack of popcorn in our hands.
And as a result - October was the US iGaming industry's second highest-grossing month on record, only eclipsed by March 2022 ($5.35B). Leading operators combined generated an impressive $453.1 million in revenue - up 26.8% from October 2021.
Year-to-date iGaming revenue is at an all-time high of $4.08 billion, an increase of 38.1% compared to the same period in 2021. It's safe to say that iGaming is booming this year.
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The long-awaited saga has come to an end.
Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire the casino affiliate websites Askgamblers.com, Johnslots.com, Newcasinos.com, and several smaller domains from Catena Media Plc. The total consideration is EUR 45 million, of which EUR 20 million will be paid in cash on closing, EUR 10 million twelve months after closing, and EUR 15 million balance 24 months after closing. Closing is expected in Q1 2023.
The acquired websites generated revenue of EUR 12.9 million in the first nine months of 2022 with an EBITDA of EUR 8.4 million. GiG expects to have an EBITDA margin between 60-70% from the assets going forward. The assets are expected to generate around 53.000 FTDs in 2022.
The acquisition will diversify GiG Media's business further in line with the strategy to create sustainable long-term growth and provide the business with several key strategic assets and multiple revenue opportunities. The acquired websites are strong in markets that currently are non-core markets for GiG Media, therefore expanding our current geographical reach. Further to the revenue growth potential, operational synergies are expected to be realised after the acquisition via the shared use of marketing technologies, business intelligence systems and key functions.
The transaction is structured by way of a Share Purchase Agreement (SPA) with GiG’s subsidiary Innovation Labs Ltd. (part of GiG Media) and includes the acquisition of the two companies Catena Publishing Ltd (Malta) and Catena Media D.O.O. Beograd (Serbia). These companies currently employ around 90 people.
https://www.gig.com/ir-news/gaming-innovation-group-acquires-askgamblers/
Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire the casino affiliate websites Askgamblers.com, Johnslots.com, Newcasinos.com, and several smaller domains from Catena Media Plc. The total consideration is EUR 45 million, of which EUR 20 million will be paid in cash on closing, EUR 10 million twelve months after closing, and EUR 15 million balance 24 months after closing. Closing is expected in Q1 2023.
The acquired websites generated revenue of EUR 12.9 million in the first nine months of 2022 with an EBITDA of EUR 8.4 million. GiG expects to have an EBITDA margin between 60-70% from the assets going forward. The assets are expected to generate around 53.000 FTDs in 2022.
The acquisition will diversify GiG Media's business further in line with the strategy to create sustainable long-term growth and provide the business with several key strategic assets and multiple revenue opportunities. The acquired websites are strong in markets that currently are non-core markets for GiG Media, therefore expanding our current geographical reach. Further to the revenue growth potential, operational synergies are expected to be realised after the acquisition via the shared use of marketing technologies, business intelligence systems and key functions.
The transaction is structured by way of a Share Purchase Agreement (SPA) with GiG’s subsidiary Innovation Labs Ltd. (part of GiG Media) and includes the acquisition of the two companies Catena Publishing Ltd (Malta) and Catena Media D.O.O. Beograd (Serbia). These companies currently employ around 90 people.
https://www.gig.com/ir-news/gaming-innovation-group-acquires-askgamblers/
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It was a sad month for Louisiana's mobile sportsbooks as Jim "Mattress Mack" McIngvale took home significant winnings from World Series bets in November. This has resulted in a revenue loss of $27.6m for the whole state. As the Astros beat the Phillies to take the 2022 World Series, Mack hit the jackpot with Caesars Sportsbook ($30m), WynnBET ($12m), and Barstool Sportsbook ($10m). It's clear that baseball was the reason for this massive loss, but it's heartening to see that other sports managed to generate positive revenues.
Imagine having THAT huge VIP on your platform, which might get the whole state's profits below the profitability line.
What's your take? Accept such guys? Or better avoid and sleep well.
Imagine having THAT huge VIP on your platform, which might get the whole state's profits below the profitability line.
What's your take? Accept such guys? Or better avoid and sleep well.
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I recently read some data from Bloomberg, pointing to a fascinating fact about crypto - primarily used for payments and savings in emerging and developing economies. Contrary to popular belief, crypto isn't just a speculative investment hobby of the wealthy in industrialized countries!
Who would've thought? It also makes me wonder what coins/tokens people use for these transactions. The share of payment stablecoins like USDC has been growing significantly.
All in all, it's exciting to see where crypto is being used and valued throughout the world! Check out the Bloomberg report if you're interested in more data on this subject. 🤓💰
Who would've thought? It also makes me wonder what coins/tokens people use for these transactions. The share of payment stablecoins like USDC has been growing significantly.
All in all, it's exciting to see where crypto is being used and valued throughout the world! Check out the Bloomberg report if you're interested in more data on this subject. 🤓💰
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Get ready to place your bets - here are my top 10 predictions for the gambling industry in 2023:
1. Sports betting will become more mainstream and widely accepted (thanks to celebrities endorsing and backing projects). However, it still needs to be allowed in many countries worldwide and states in the US especially.
2. Online gambling sites will become more and more popular than traditional brick-and-mortar casinos. We will see growth there due to the friendliness and easiness of use of online product use. And higher churn of the offline casino audience.
3. Virtual reality sports betting and gambling experiences will fail to take off due to a lack of interest and technology limitations. I still don't get it.
4. Professional sports leagues will continue to resist the legalization of sports betting. Globally.
5. A surge in illegal offshore gambling websites will hurt legal efforts to regulate the industry in some countries.
6. Many countries will not have laws to protect consumers from fraudulent gambling practices, resulting in a rise in scams and untrustworthy operators.
7. Gambling addiction and problem gambling will increase due to a lack of education about responsible gaming, especially in undeveloped markets.
8. Gambling sites will struggle to justify their high fees for deposits and withdrawals.
9. Online sports betting sites will still be vulnerable to cyber-attacks, resulting in hundreds of millions of dollars being stolen from customers' accounts.
10. Currencies like Bitcoin will still not be widely accepted for gambling transactions due to their volatility and lack of regulation. But find a niche audience that will still make a lot of money for owners of the crypto-focused brands.
Thoughts?
1. Sports betting will become more mainstream and widely accepted (thanks to celebrities endorsing and backing projects). However, it still needs to be allowed in many countries worldwide and states in the US especially.
2. Online gambling sites will become more and more popular than traditional brick-and-mortar casinos. We will see growth there due to the friendliness and easiness of use of online product use. And higher churn of the offline casino audience.
3. Virtual reality sports betting and gambling experiences will fail to take off due to a lack of interest and technology limitations. I still don't get it.
4. Professional sports leagues will continue to resist the legalization of sports betting. Globally.
5. A surge in illegal offshore gambling websites will hurt legal efforts to regulate the industry in some countries.
6. Many countries will not have laws to protect consumers from fraudulent gambling practices, resulting in a rise in scams and untrustworthy operators.
7. Gambling addiction and problem gambling will increase due to a lack of education about responsible gaming, especially in undeveloped markets.
8. Gambling sites will struggle to justify their high fees for deposits and withdrawals.
9. Online sports betting sites will still be vulnerable to cyber-attacks, resulting in hundreds of millions of dollars being stolen from customers' accounts.
10. Currencies like Bitcoin will still not be widely accepted for gambling transactions due to their volatility and lack of regulation. But find a niche audience that will still make a lot of money for owners of the crypto-focused brands.
Thoughts?
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Amazing post which I borrowed from Brandan Rogers' LinkedIn, and I think that it also applies on Gambling. However, we need to wait a little 😇
I will be investing in India for the next 25 years.
Not Silicon Valley. Here’s why.
1. India’s massive Gen Z population.
Over 600m Indians are under the age of 28. Which all were brought up with access to the internet.
2. India’s talent pool.
India’s universities produce some of the best technical talent on the planet.
3. Indian’s are staying home.
The Indian brain drain has ended. Founders are either staying in india or coming back to india to build.
4. 2nd largest internet user base.
With the rise of JIo and other platforms, unlimited data is affordable and scalable across the country, literally allowing everyone to be connected.
5. Influx of global capital.
$130B has been raised by Indian startups from 2014 to 2022.
6. Growing consumer market.
As the Indian economy continues to grow and more people enter the middle class, there is a huge opportunity for companies to tap into the growing consumer market in India.
7. Rapid urbanization and growth of the middle class.
India is experiencing rapid urbanization and the growth of a large middle class, which is driving demand for new technologies and services.
8. Strong government support for the tech industry.
The Indian government has been actively promoting the tech industry and providing support through many different initiatives.
9. Network effects
India has 100+ unicorns.
10. Scrappy founders wanting to go global
Founders in India are hungry, technical and relentless having global ambitions.
This is India’s tech revolution 🇮🇳🚀.
Do you agree?
I will be investing in India for the next 25 years.
Not Silicon Valley. Here’s why.
1. India’s massive Gen Z population.
Over 600m Indians are under the age of 28. Which all were brought up with access to the internet.
2. India’s talent pool.
India’s universities produce some of the best technical talent on the planet.
3. Indian’s are staying home.
The Indian brain drain has ended. Founders are either staying in india or coming back to india to build.
4. 2nd largest internet user base.
With the rise of JIo and other platforms, unlimited data is affordable and scalable across the country, literally allowing everyone to be connected.
5. Influx of global capital.
$130B has been raised by Indian startups from 2014 to 2022.
6. Growing consumer market.
As the Indian economy continues to grow and more people enter the middle class, there is a huge opportunity for companies to tap into the growing consumer market in India.
7. Rapid urbanization and growth of the middle class.
India is experiencing rapid urbanization and the growth of a large middle class, which is driving demand for new technologies and services.
8. Strong government support for the tech industry.
The Indian government has been actively promoting the tech industry and providing support through many different initiatives.
9. Network effects
India has 100+ unicorns.
10. Scrappy founders wanting to go global
Founders in India are hungry, technical and relentless having global ambitions.
This is India’s tech revolution 🇮🇳🚀.
Do you agree?
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2022 has been a challenging year for many, but as we move into 2023, there is much to look forward to. One thing that particularly excites me is that we just signed the iconic Brazilian club Botafogo.
The partnership between Parimatch and Botafogo marks the start of a new chapter in our respective histories and provides an opportunity for both organizations to grow. For Parimatch, the partnership will bring increased visibility in Brazil as we make this mark in this new market. Botafogo will also benefit from global exposure through this collaboration.
We can all be proud of the signing of Botafogo by Parimatch. It represents both organizations' hard work and dedication and signifies things to come in 2023. As we move into this new year, let's celebrate this achievement as an example of how anything is possible when passion meets determination.
Good job, team, and Vamos!
The partnership between Parimatch and Botafogo marks the start of a new chapter in our respective histories and provides an opportunity for both organizations to grow. For Parimatch, the partnership will bring increased visibility in Brazil as we make this mark in this new market. Botafogo will also benefit from global exposure through this collaboration.
We can all be proud of the signing of Botafogo by Parimatch. It represents both organizations' hard work and dedication and signifies things to come in 2023. As we move into this new year, let's celebrate this achievement as an example of how anything is possible when passion meets determination.
Good job, team, and Vamos!
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