Sports Betting and Online Fuel Spanish Play EMEA
Gambling spend continued to grow in Spain, according to Te University of La Carlos III Madrid and Te Business Council of Gaming (Cejuego)
In 2018, €724.4m was gambled online, 25.5 per cent more than in 2017, and the most popular was sports betting (€360m), followed by online slots (€130.3m)
SPAIN ONLINE AND SPORTS BETTING
UK – The Gauselmann Group has underlined its commitment to the UK gaming industry by completing the second stage of a three part AGC investment project of £15m for completion in Q4 2020. The investment programme, which encompasses Cashino AGCs, commenced in 2018 with eight sites, a further 23 will be completed by the close of 2019 with 36 venues including six Greenfield sites scheduled for 2020. Mark Schertle, COO at Praesepe, said: “One of the main attractions of Cashino is the social side of gaming it provides to our customers and the key aim of the programme is to enhance this social aspect, improve the overall customer experience, which in turn helps create the modern casino feel that we are striving for. With that in mind, we’ve added serviced bar areas serving soft drinks, installed bean to cup coffee machines and introduced a host of hot and cold snacks across all of our refurbished venues. We’ve also added brand new screens and the latest gaming machines alongside significantly improved décor.”
UK – Genting is spending £1.6m to give a 'complete revamp' to one of Glasgow's 'most popular gaming venues' with a Chinese theme introduced throughout the property. Genting Casino Glasgow will remain open throughout the renovation which will see an overhaul of the gaming facilities, the addition of a smaller gaming room, an extra 20 slots and 10 digital gaming terminals, as well as improvements to the gaming and mahjong rooms.
The casino will boast oriental decoration, paintings, graphic wallpapers and light fixtures, with a number of relaunch activities also being planned in January 2020 for the Chinese New Year. Iain Gardiner, General Manager at Genting Casino Glasgow, said: “We’re making a significant investment in the Glasgow casino to ensure our customers can enjoy the best gaming experience available. We have an extremely strong relationship with the Chinese community in the city and it’s great to acknowledge those links as part of the refurbishment.”
AUSTRIA – Greentube has appointed Markus Antl as new Head of Sales and Key Account Management to further the supplier’s international expansion. Since joining the
company in 2011, Antl has been instrumental in developing Greentube’s market leading server- based gaming system Plurius as Head of Server Based Operations and Business Development and brings a wealth of industry experience to the new position. Reporting to CGO Michael Bauer, he will now lead on streamlining commercial processes as well as expanding Greentube’s product offering and global reach, as well as enhancing the overall quality of its portfolio and gaming technology solutions.
P24 NEWSWIRE / INTERACTIVE / MARKET DATA
Gambling spend continued to grow in Spain, according to Te University of La Carlos III Madrid and Te Business Council of Gaming (Cejuego) who have presented their Annual Report on Gambling in Spain 2019. According to the findings of the report, which was were compiled by the Institute for Policy and Governance), the industry is continuing to grow.
Te study found that of the total amount gambled €32,383m in 2018, a total of €22,513m (69.5 per cent) was handed out as prizes and a total of €9,870m was recorded as company revenues (30.5 per cent). Of the €9,870.3m in revenues, €4,289.3m came from public gaming (lotteries) while €5,581m came from the private sector (casinos, bingos, sports betting, slot machines and online gambling). Online gambling made up 7.3 per cent of the total turnover of the gambling industry.
In 2018, €724.4m was gambled online, 25.5 per cent more than in 2017, and the most popular was sports betting (€360m), followed by online slots (€130.3m) and poker (€81.3m). Te author of the yearbook, José Antonio Gómez Yáñez, Professor of Sociology at the University stressed that in general terms in 2018 quinielas, the
La Française des Jeux launches IPO on Paris stock exchange
France
La Française des Jeux (FDJ), the operator of France’s national lottery games, has launched its Initial Public Offering on the Euronext Paris stock exchange in a move that could raise more than €1.5bn. Te transaction will involve the French State selling a maximum of 99,320,000 existing FDJ shares, which represent a maximum of 52 per cent of FDJ’s share capital.
“Today marks the opening of the final stage leading to the privatisation of La Française des Jeux, with the launch of its IPO on the Euronext Paris stock exchange. In addition to the tranche set aside for institutional investors, I am pleased that a significant
tickets for the ONCE lottery(the lottery in aid of the blind) and the machines located in the hospitality sector experienced a significant drop. Meanwhile sales for the La Primitiva lottery and the National Lottery were "stable." Casinos and bingos experienced a moderate growth and slot parlours, betting, online gambling and instants for the ONCE lottery experienced an increase in sales of more than 5 per cent.
Te report also revealed that there were 314 bingo halls, 54 casinos 3,507 gambling halls, and 129,113 bars with slots in 2018. Te industry generated €1,340m in taxes and special rates and directly employed more than 85,000 people of which 47,178 belong to the private sector and 37,869 to the public sector.
During the presentation the CEO of Cejuego, Alejando Landaluce, said that the sector is recovering but said that there was an unjustified negative perception of the industry. Landaluce defended the sector claiming that it was "very regulated" and added that "certain politicians or new regulators sometimes get a little nervous about what is happening in society" and make statements that " make no sense” when regulation is “very developed and very deep.”
portion of the offer is reserved for individuals, including our distributors, as well as employees, who will benefit from preferential conditions to buy FDJ shares,” Stéphane Pallez, Chairwoman and CEO of FDJ said.
“We hope that many of them will take part in the operation to become long-standing shareholders of a strong, dynamic, innovative and responsible company. Te fruits of our growth will be shared with shareholders by means of an attractive dividend policy, with the aim of paying out 80 per cent of net income as early as 2020. Tis project opens a new chapter in the company’s history."
Te French government will cut its 72 per cent stake in Francaise des Jeux to 20 per cent following the offering, and will create an independent gambling regulator.
Greece
Czech-based Sazka Group has acquired 23m shares of Greek gambling operator OPAP, representing approximately 7.25 per cent of OPAP’s total paid-up share capital. Sazka now owns, directly or indirectly, around 39.9 per cent of OPAP or 40.2 per cent if the own shares are excluded. Karel Komarek, President of Sazka Group said: “We are happy to have been able to significantly increase our participation in OPAP through the Public Offer. We look forward to continuing to invest in OPAP, in collaboration with those shareholders who chose not to sell their shares. We are happy that these shareholders have chosen to continue with us."
SAZKA Group operates lottery, betting and non-lottery businesses in the Czech Republic, Greece, Cyprus, Austria and Italy.
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