first_img whatsapp Tags: NULL Share whatsapp Tuesday 29 March 2011 9:23 pm Show Comments ▼ KCS-content BANKING advisers to the £300m flotation of Topaz Energy and Marine are meeting with the management of the group today amid fears that the flotation might be dropped.The Dubai-based oilfield services group Topaz is a subisidiary of Omani group Renaissance Services and its proposed share listing has inevitably been hit by concerns over Middle Eastern stability.“No decision has yet been made,” said one person close to the situation, “but clearly there are jitters.” Renaissance shares fell yesterday by 6.6 per cent on speculation that the IPO could be delayed.Today’s meeting might conclude without a definite decision on whether to press ahead and advisers could insist on changes to pricing or structure to help push the deal through.In recent weeks the Danish group ISS pulled a big issue and Lagardere delayed an IPO of Canal Plus, citing concerns over the Japanese earthquake.The main banking advisers to Topaz are JP?Morgan and Bank of America Merrill Lynch. JP Morgan is also currently marketing the flotation of Edwards, a vacuum technology firm.If the Topaz float does go ahead, the firm should have a market capitalisation of more than £1bn, which would put it in the FTSE 250. The group declined to comment. More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Crisis talks called over Topaz float last_img read more

first_imgMonday 18 April 2011 8:54 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp RUSSIAN private bank Nomos has priced its London share offer at the higher end of expectations, as the faltering market for listings in the capital begins to show signs of life.Nomos will look to sell ordinary shares in Moscow for $35 (£21) apiece, while it will sell global depository receipts (GDRs) for $17.50 per unit in London, valuing the business at $3.2bn.The combined proceeds from the initial public offering (IPO) for the bank will be $718m (£443m) before the exercise of an over-allotment option.The bank, which is Russia’s eighth biggest by total assets, had initially looked for between $32 and $37 per ordinary share and $16 to $18.50 per GDR.Demand for the offer quickly filled the order books of bankers at Deutsche, Credit Suisse, Citi and VTB Capital, leading to a tightening of the price range late last week.Slovakian businessman Roman Korbacka will sell down almost all of his stake in the bank, and could exit Nomos completely if he exercises his over-allotment option.Meanwhile, billionaire oligarch Alexander Mamut, who is best known in Britain as the backer of blogging site Livejournal, will become a cornerstone investor in the firm when its shares start trading early next week.The deal could help to kick-start London’s IPO market, following a torrid few weeks for stock market listings in the capital.Several floats, including those of fellow Russian firm Euroset and British vacuum technology group Edwards, have been put on hold due to uncertain market conditions.Observers are also hoping a successful listing by commodities colossus Glencore could bolster investor appetite for IPOs. The Swiss firm unveiled its $11bn blockbuster offering last week, and is set to complete next month. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Sharecenter_img whatsapp Show Comments ▼ Nomos prices share offer to raise £443m KCS-content Tags: NULLlast_img read more

first_img11th July 2018 | By contenteditor New Gambling Commission-published study highlights impact of problem gambling Legal & compliance Subscribe to the iGaming newsletter Email Address Topics: Legal & compliancecenter_img Regions: UK & Ireland Problem gambling effects felt across society – report AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter A new Gambling Commission-backed report has claimed that “significant progress” has been made in understanding the causes of problem gambling and its wider economic and societal impact across Britain.‘Measuring gambling-related harms: A framework for action’ was compiled by Dr Heather Wardle on behalf of the Responsible Gambling Strategy Board (RGSB), which provides independent advice to the Gambling Commission. The report, which was the result of collaboration between the Gambling Commission, GambleAware and RGSB, calls for views on how the social cost of gambling-related harms can be measured and better understood.The report identifies a number of key criteria that are to be considered in assessing the impact of problem gambling. These range from job losses to bankruptcy, crimes committed to marriage breakdowns and suicide attempts.The report says: “A challenge is how to value those with less tangible outcomes, but which are nonetheless, deeply impactful, such as loss of life opportunities and loss of family or community support and cohesion.”In welcoming input from others as it seeks to collate relevant data, Gambling Commission chief executive Neil McArthur (pictured) said the report is not a “definitive position” and “very much a work in progress”.McArthur, who was confirmed as the new permanent CEO in April, added: “We encourage public health officials, academics, the industry and the public to feed back on the report and work with us to set a framework that can help prevent harm to consumers.”The report also seeks to set a framework for action that considers how the impact of harms can be felt by individuals, families and communities, and identify the most effective way to estimate the social cost of gambling-related harms.Wardle added: “This report is a dramatic step forward in our understanding of gambling. It represents a sea change in thinking about gambling as it recognises that gambling isn’t something that affects just a few individuals but extends far beyond them to affect their families, communities and society.”last_img read more

first_img23rd November 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Inteltek establishes Turkish software development hub Subscribe to the iGaming newsletter New facility will focus on developing new mobile gaming technology solutions Tags: Mobile Inteltek said the new venture will have a significant impact in boosting both Turkey’s presence and competitiveness in the global gaming industry. The facility will employ 100 engineers, although its exact location is yet to be confirmed.“Through this investment Inteltek aims to leverage the talent of Turkish youth for the creation and export of technology and software internationally and contribute towards the transformation of Turkey into a global center of excellence for software development,” the company explained.  Turkcell and Intralot established Inteltek in 2001, with Intralot holding a 45% stake in the venture, and Turkcell a 55% majority stake. In 2004, Inteltek was awarded rights for the exclusive operation of fixed odds betting and pari-mutual betting games on sporting events in Turkey by state gaming entity SporToto. In the same year, Inteltek rolled out its iddaa sports betting brand in partnership with SporToto. It has helped grow SporToto’s sports betting market share from 1% to 56% over the past 11 years, with turnover growing to $3.5bn (£2.7bn/€3.1bn). Inteltek then signed a year-long extension to its contract to operate iddaa in August this year. The deal now runs until 2019, under the same terms as the 10-year contract agreed in 2008. The company also in August reported its financial results for the first half of the year, during which sales at Inteltek totalled €19.5m (£17.3m/$22.2m), down from €21.6m in the same period last year. Intralot said this was heavily affected by local currency devaluation against the Euro.Aside from Inteltek, Intralot also owns a 50.01% stake in Bilyoner, an online distributor of sports betting games. Bilyoner, along with five other online providers, distributes the games developed by Inteltek manages on behalf of SporToto. Revenue at Bilyoner in the first half was up from €20.7m to €24.6m, pushing total revenue in Turkey to €44.1m in the six-month period, up from €42.4m in the previous year.center_img Tech & innovation Inteltek, the joint venture between Turkish telecommunications giant Turkcell and lottery and gaming solutions provider Intralot, is to open a new global development software centre in Turkey, with the aim of improving technologies in the mobile gaming market. Regions: Europe Central and Eastern Europe Turkey Email Address Topics: Tech & innovationlast_img read more

first_img Brazilian President signs sports betting measure into law AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter 13th December 2018 | By contenteditor Brazil’s outgoing president Michel Temer has ratified legislation that paves the way for the country’s National Congress to implement sports betting regulations for the first time.Temer has signed Provisional Measure 846/18 into law, with the bill formalising plans for the distribution of revenue raised through the country’s national lottery Loterias Caixa (Lotex), as well as setting a two-year window in which Congress can develop and pass sports betting controls.This period can be extended by a further two years should the legislature fail to reach a decision within the window.The country’s Ministry of Finance will be responsible for developing the technical regulations, as well as handling other potentially contentious issues such as wether to open the market to private operators, or maintain a monopoly on sports betting.The bill does allow for both land-based and online sports betting, with land-based operators required to pay out 80% of handle in winnings, and split 6% between a number of social and security bodies. Of this 6%, 2.5% will go to the National Public Security Force (FNSP), 2% will be allocated to football clubs, 1% to public schools and 0.5% deposited into Brazil’s social security fund.Online companies will pay 89% of amounts wagered back to players as winnings, with 0.25% going to social security, 0.75% to schools, 1% to the FNSP and 1% to football clubs.The Provisional Measure, authored by Pará Senator Flexa Ribeiro, rapidly progressed through the lower house of the Brazilian National Congress, the Chamber of Deputies, then the Upper House in  late November. It is the first significant expansion of gambling in Brazil, with previous efforts failing to progress through the legislature and other gambling-related measures such as a tender to sell a stake in Lotex derailed by claims of corruption. Regions: LATAM Brazilcenter_img Legal & compliance Provisional Measure 846/18 opens a two-year window for the country’s National Congress to develop and pass sports betting regulations Topics: Legal & compliance Sports betting Email Addresslast_img read more

first_img In the second part of iGaming Business’ analysis of gambling advertising restrictions, we look at the unintended consequences of bans, possible alternatives to blanket prohibitions – and ask whether tackling advertising really gets to the root cause of the issue. Read part one here.DLA Piper’s Giulio Coraggio argues that by restricting advertising, legislators could even risk exacerbating problems.“If no gambling ad can be aired before 10.30pm or on specific channels, this obviously creates a concentration of gambling ads at a specific time of the day or on specific channels,” he explains.This, he says, effectively ensures that customers will feel they are being bombarded with gambling ads. Rather than setting out how and when these ads can be shown, he argues that restrictions on how many can be broadcast could be more effective.This approach is already being pursued by Sky, which announced last year that it would only allow one gambling ad to be broadcast during each commercial break, from the start of the 2019-20 football season.Not to be outdone, the UK betting sector then announced a voluntary ban on all gambling advertising before and after the start of sports broadcasts: the whistle-to-whistle ban. This also applies to all highlights shows and includes sponsorship of these programmes.Campaigners have already pointed out that viewers will still see plenty of gambling branding on football shirts and pitch-side advertising hoardings, while Sky CEO Stephen van Rooyen has attacked the move as a deflection tactic, given the bulk of operator marketing spend is focused online.Woodford, for his part, argues that whistle-to-whistle bans will have little positive effect, saying they will have a “damaging” economic effect on the UK’s commercial media landscape.Furthermore, he says it will only serve to hit consumers in the wallet. With sports broadcasting rights sold for billions, the broadcasters then look to recoup their investment through advertising sales.If they lose their main advertisers, they will inevitably look to increase the price of subscription packages for sports channels. They may be protected, but they will effectively pay for this protection.He says that the current self regulatory framework, developed in partnership with the Gambling Commission, already does much to restrict minors’ exposure to gambling advertising and to ensure that promotions are socially responsible.“Advertising self-regulation has the advantage of consensus-building through industry dialogue which leads to more business certainty,” Woodford continues. “It is also cost-effective (regulation at no cost to the taxpayer), flexible and evidence-based, achieving a good balance between consumer protection and business interests.”It is important to notice that a key driver behind the growing appetite for gambling advertising restrictions is a perceived growth in the prevalence of problem gambling.This has been thrown into sharp focus by a rapid rise in the number of fines issued for historical infractions of licence conditions by operators. In the UK alone, the Gambling Commission has handed out more than £47m in fines and penalty packages since 2015.The vast majority of cases stem from failings in operators’ social responsibility processes, with action not taken to check the source of their funds, or to intervene when player spend rapidly increases. This suggests failings are to be found in a different part of their business – though most are historical – and are only announced after the issue has been addressed.It could ultimately be argued that these past failings are simply having an effect on operators’ present activities. This, in turn, is prompting politicians to grab for the low-hanging fruit of attacking the gambling industry. Yet this may ultimately lead to an outright ban on gambling, which is clearly the goal of many campaigners.2019, then, is a crucial year for the industry in Europe; how operators address the shift in public opinion and work with governments and regulators over the coming months could define the sector’s long-term future. Casino & games In the second part of iGaming Business’ analysis of gambling advertising restrictions, we look at the unintended consequences of bans, possible alternatives to blanket prohibitions – and ask whether tackling advertising really gets to the root cause of the issue. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Promotional Nightmares: part two Regions: Europe UK & Ireland Nordics Southern Europe Denmark Italy Spain 18th February 2019 | By contenteditor Tags: Mobile Online Gambling OTB and Betting Shops Race Track and Racino Slot Machines Topics: Casino & games Legal & compliance Marketing & affiliates Sports betting Slots Horse racing Email Addresslast_img read more

first_img25th February 2019 | By contenteditor Topics: Casino & games Legal & compliance Sports betting The Virginia General Assembly has passed a bill that could legalise sports betting and allow land-based casinos to open in the state for the first time, with only Governor Ralph Northam left to sign the bill into law.The state’s Senate passed the bill by a vote of 30-10, while the House also voted to adopt the bill by 64-27. The House then agreed to a reconsideration, but the bill still went through by a vote of 64-33.Governor Northam must now sign off on the bill in order for it to come into law.Introduced by Democrat Senator Louise Lucas, Substitute Senate Bill 1126 would legalise casino gaming, but limit it to cities with an unemployment rate of at least 4%, a poverty rate of 20%, and which had experienced a population decline of at least 7% between 1990 and 2016.Tribal casinos would be permitted in cities with a population of at least 200,000, and in which 24% of all real estate is exempt from local property taxes. To open a casino, each local authority would need to hold a local referendum in order to gain approval from residents.Each city would receive one licence, via which the casino could offer table, dice and slot games, as well as sports betting via land-based means only. There are no concessions for online or mobile gaming in the bill.The Virginia Lottery Board would be responsible for regulating the market, with licensed casinos to pay tax at a rate of between 13% and 15% of gross revenue.Should Governor Northam sign off on the bill as expected, the Virginia Lottery would begin drafting its rules and regulations by January 1, 2020, and publish a completed list by June 30, 2020. The Lottery would begin issuing licences the following day.Image: Taber Andrew Bain Regions: US Virginia AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresscenter_img Casino & games The Virginia General Assembly has passed a bill that could legalise sports betting and allow land-based casinos to open in the state for the first time, with only Governor Ralph Northam left to sign the bill into law. Subscribe to the iGaming newsletter Virginia General Assembly clears sports betting billlast_img read more

first_img Subscribe to the iGaming newsletter Sports betting ISG launches free-to-play Formula 1 betting game 29th March 2019 | By contenteditor Email Address Global sports media agency Interregional Sports Group (ISG) has launched a new free-to-play betting game for Formula 1, as part of its official partnership with the motor-racing series. Topics: Sports betting Tech & innovation AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Global sports media agency Interregional Sports Group (ISG) has launched a new free-to-play betting game for Formula 1, as part of its official partnership with the motor-racing series.Available online or via mobile, F1 Play challenges players to predict a series of outcomes in each race, with the chance to win a luxury weekend at the 2019 British Grand Prix.ISG has said F1 Play has been developed as a customer acquisition tool for bookmakers that engage with ISG as part of its wider F1 rights package. As such, F1 Play can be integrated into the operator’s betting engines so that bets can be offered on different elements of their predictions.The game is now live ahead of this weekend’s Bahrain Grand Prix.“This is a great opportunity for F1 fans to test just how in-depth their knowledge of the sport really is,” ISG group CEO Chris Buckley said.“Players will have to make predictions on events from the starting grid to the chequered flag, and if they get it right, they could win a dream weekend at Silverstone.”The game will utilise data collected and distributed by Sportradar, with ISG also having the right to sub-license its betting partnership rights to select gambling brands worldwide under its agreement with F1.This includes regionalised branded on-screen graphics, as well as physical and virtual trackside signage and digital integration across F1’s various digital and social platforms.Formula 1 first announced plans to strike up betting partnerships in September of last year, with both ISG and Sportradar among the early frontrunners. The rights packages are said to be worth around $100m (£76.8m/€89.2m).Image: Eduardo Guarizo Pimentellast_img read more

first_img Regions: US Massachusetts AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter DraftKings has recruited a high profile chief financial officer who will also act as strategic advisor to chief executive Jason Robins.Jason Park joins the sports betting and daily fantasy operator after more than a decade at Boston-based Bain Capital Private Equity, where he served as an operating partner focused on technology investments.“I am thrilled to be joining DraftKings at this important inflection point for the company,” said Park (pictured).  “DraftKings has already established itself as a clear leader in the sports technology and entertainment arena and I look forward to working with this exceptional team to drive and capture the significant growth potential ahead.”DraftKings – which has been linked with an IPO for years – said Park has been brought in to help Robins and senior management in navigating the changes to the sector and the company’s business model since its founding in 2012. While at Bain, Park worked collaboratively with CEOs, CFOs, and management teams to develop and achieve growth plans.“DraftKings has experienced exponential growth over the last year and we are excited to welcome someone of Jason’s calibre to the team,” said Robins.“Jason will step in and help accomplish our long-term financial goals. He has a track record of success around investments and acquisitions which will aid in the growth of our business and his world-class background in evolving and executing growth plans will make him invaluable to our organisation.”Park, who also formerly worked for McKinsey & Company, takes over the CFO role with immediate effect, replacing Tim Dent, who has overseen financial operations since 2012.His predecessor Dent will take on an expanded chief compliance role to include the oversight of all compliance, licensing, regulation and responsible gaming efforts. Dent will also ensure compliance with all licensing requirements and uphold the vast number of consumer protection measures on the DraftKings platform. 25th June 2019 | By contenteditor Strategy Email Address DraftKings outlines ambitions with new CFO appointment Tags: Online Gambling Topics: Strategy Subscribe to the iGaming newsletter DraftKings has recruited a high profile chief financial officer who will also act as strategic advisor to chief executive Jason Robins.last_img read more

first_img While headline KPIs for sports remained broadly stable on the prior month, September saw a 14% (YoY) fall in average monthly revenue per player, ostensibly due to bonuses being increased over the year, according to the latest data from Optimove’s iGaming PulseAs summer and vacations come to an end, September finds the industry gradually inevitably easing itself back into its year-round routine.The upside is the European football leagues have now kicked off, and we are now into the second calendar month of action which began in August.The Champions League has also reached the group stage, generating more interest for bettors and fans. In September, the average single deposit amount remained steady at €28 with the number of monthly deposits per player holding at 8.2, equating to an average deposit generated per player over the period of approximately €230 (€28 x 8.2). Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 7th October 2019 | By Stephen Carter Tags: Online Gambling Another similarity between August and September can be observed in the retention rate KPI which remained steady at 70%.The new player retention rate increased from 42% to 46% (a 10% increase month over month), probably an effect of the similarity between September and August in terms of sporting events coverage (European football leagues, Champions League and even US Open Tennis), all of which began in August and continued through September. Monthly number of deposits increased by 5% YoY and decreased marginally by 1% MoM.The casino retention rate showed an upward trend of 2% YoY, while the new retention rate increased 6% YoY and 9% MoM. The conversion rate increased 28% YoY and 3% MoM (see below). Subscribe to the iGaming newsletter While headline KPIs for sports remained broadly stable on the prior month, September saw a 14% (YoY) fall in average monthly revenue per player, ostensibly due to bonuses being increased over the year, according to the latest data from Optimove’s iGaming Pulse KPI close-up: Pareto Principle The Pareto Principle, also known as the 80/20 rule, is a concept originally developed by Italian economist and social scientist Vilfredo Federico Damaso Pareto and used describe an imbalance in input and outcome in which 20% of the customers create 80% of the profits.According to legend, Pareto thought of the idea after observing that 20% of the pea plants in his garden yielded 80% of the crops.The Pareto Principle doesn’t have to be an exact 80/20 ratio, but the discrepancy between resources invested and results generated is used as a KPI in gaming to illustrate what percentage of players/bettors generate most of the revenue. Topics: Casino & games Marketing & affiliates Sports betting Optimove iGaming Pulse – September 2019 It’s interesting to see that for countries with teams that unexpectedly qualified for the Champions League group stages, like Red Bull Salzburg from Austria, have a higher overall retention rate than others as well as experiencing the aforementioned increase in the new retention rate.What’s also interesting to see is that although the monetary values remained broadly similar, the profit margin increased by 1%. This can be explained the fact that this is affected by match results, tending to increase with a run of unexpected outcomes.Year-on-year picture Turning to year-on-year (YoY) activity, following two relatively balanced consecutive months, average deposit amount decreased by 13% and monthly deposits per player increased by 9%. In straight math, the total monthly deposit amount per player adds up to -4% YoY. However, we can see a decrease of 14% YoY in average monthly revenue per player.Since the margin KPI remains more or less stable, this could be the result of bonuses and other special offers being increased over the year, as net revenue is the gross gaming revenue minus bonus costs.Casino focus In casino, we can see an 8% YoY decrease in average deposit amount per player, and another steady hold month-over-month (MoM). Omer Liss: Omer Liss is Optimove’s director of strateic services, helping leading marketers optimise their customer retention strategy. As a marketing data scientist, Omer has vast experience consulting clients, analysing their customer data and revealing actionable, data-driven marketing insights. Omer holds a BSc in Industrial Engineering and Management, specialising in Information Systems. About iGaming Pulse: iGaming Pulse is an industry benchmark tool for the gaming sector. iGaming Pulse enables gaming operators to accurately assess their overall performance against industry-wide key performance indicators. Its figures are updated on a monthly basis. It enables gaming operators to gain a clearer understanding of how their KPIs compare against the rest of the industry, broken down by geography and game type. This type of data, which is made publicly available for the first time, provides operators with the ability to conduct comparative analysis and derive insight into how their performance compares with industry averages.iGaming Pulse comprises of data collected from over 200 online casinos and sports betting companies, including industry giants and boutique operators, providing an accurate, statistically significant sample of the industry. Access to this information is vital for operators that are limited to only their own data. Optimove’s iGaming Pulse is now fully accessible, ensuring operators will have a clearer overview of how they compare to the industry. Email Addresslast_img read more