Horse racing Returns in France EMEA
Horse racing returned to France on May 11 with a behind-closed doors meeting at ParisLongchamp following an eight week suspension due to the pandemic
Te French State is to allow PMU to spread its tax levies from horse racing over a prolonged period to help support the industry
FRANCE HORSE-RACING
SWEDEN –Sweden’s gambling regulator has warned that an enforced deposit limit could drive high-spending customers to unlicensed websites where they have less consumer protection. As part of Sweden’s measures to protect citizens during the coronavirus lockdowns, its government has proposed a number of restrictions on online gambling, including an enforced deposit limit of 5000 SEK (€471) per week for online gamblers. In response, the country’s regulator has warned that the deposit limit will have a marginal effect on most Swedish gamblers and could drive high-spending customers towards unlicensed websites where they will have less consumer protection.
The European Gaming and Betting Association (EGBA) believes safer gambling is important now more than ever, during the coronavirus-related lockdowns across Europe. However, as outlined in a recent written submission to the Swedish government, EGBA believes the proposed deposit limit could have unintended and detrimental effects – and harm more customers than they protect.
Based on the available data, there has been no increase in online gambling in European countries – including Sweden – since the coronavirus lockdowns. On the contrary, online gambling has decreased substantially as reported by, for example, the Belgian, Danish and UK regulators. Rather than one-size-fits-all restrictions, which will have no effect on the majority of customers and jeopardise consumer protection for those they seek to protect, EGBA supports targeted measures, including tailored interventions, to protect those at risk of problem gambling at this time.
Belgium has seen a 38 per cent decline in traffic to licensed gambling websites, Denmark a 60 per cent drop in online gambling, the UK 16.2 per cent.
Rather than protect all online gambling customers, an enforced deposit limit will have a marginal effect on the majority of the country’s gambling audience and will do more to hit gambling and tax revenues. EGBA believes that any positive effects of a deposit limit will be negated by negative effects on channelisation, as customers might play on black market or unlicensed websites to avoid the restrictions. According to a recent study, 40 per cent of Sweden’s online casino customers, and 34 per cent of sports betting customers, already gamble on unlicensed websites or would consider doing so. The deposit limit could, as Spelinspektionen rightly warn, drive high-spending players towards unlicensed websites which undermine their consumer protection – these websites are readily available, easy to access and do not apply any limits or responsible gambling measures, including the country’s Spelpaus self-exclusion scheme.
P18 NEWSWIRE / INTERACTIVE / MARKET DATA
Horse racing returned to France on May 11 with a behind-closed doors meeting at ParisLongchamp following en eight week suspension due to the coronavirus pandemic.
Other sport in France remains suspended but racing has been given the all-clear after discussions with government officials.
Gérald Darmanin, Minister of Action and Public Accounts and Didier Guillaume, Minister of Agriculture, said they supported a ‘successful gradual resumption of horse racing as part of the deconfinement’ and have ‘proposed a device to support the treasury of the institution, assumed equally by the State, on the one hand, and the PMU and the parent companies, on the other.’
“Tere are 21,000 socio-professionals who live by it,” said the two ministers, “including 9,000 owners and 8,000 breeders in addition to trainers and jockeys, and who rely on 13,500 sales outlets (tobacconists, bars, press, etc.) for taking bets, distributed throughout France.”Te presidents of the parent companies, France Galop and Le Trot, as well as the leaders of the Pari Mutuel Urbain (PMU) meet to ‘discuss the
SIS launches Competitive Gaming with bet365
UK
SIS has successfully launched its new eSports betting product specifically built for sportsbooks with bet365.
SIS will deliver its end-to-end solution, which includes live streamed pictures, commentary, on-screen graphics with betting triggers, as well as data and a range of markets and prices during a time when live sports is limited due to the current coronavirus crisis.
Te live head-to-head competitions between skilled and qualified gamers are part of the SIS Blitz League and take place Monday to Friday from 5:00pm until 8:30pm (BST) offering NBA2K20 games in five-minute quarters for bettors to watch and bet on.
To maintain strict levels of health and safety, gamers are playing remotely, and all matches are monitored by a dedicated integrity referee, trained by the Esports Integrity Commission (ESIC). Tis includes the strict player due diligence procedures in place to ensure competitions are fair and transparent.
Paul Witten, Product Director at SIS, commented: “SIS competitive gaming is designed specifically to appeal to existing sports bettors in a format that is familiar, and with fast paced action that allows multiple betting opportunities. Quality and integrity that has been built into the product from inception.”
economic consequences of the health crisis on the sector, the conditions for a gradual resumption of racing and the support mechanisms that the State has already put in place and those that it could provide in the coming months.’
In addition, in order to support the treasury of the horse racing institution during the health crisis, the State authorised the PMU to postpone and spread over time the payment to the State budget of part of the specific levies on the issues horse racing within the framework of a support system for the treasury of the institution assumed on an equal basis with the parent companies. Te State, the parent companies and the PMU agree to set up regular monitoring of the sector’s financial trajectory during the gradual resumption of activity.”
“Solidarity,” the ministers added, “will be at the heart of this recovery. Tis is a first point of situation. Te ministers have in fact agreed with the presidents of the parent companies and the PMU leaders to redo a point, once the races are restarted and with a more precise visibility on the financial trajectory of the sector. ”
Gibraltar
BtoBet has announced a collaboration with real-time sports data provider LSports regarding their Tennis Betting Simulator. Te Tennis Betting Simulator offers a solution for bookmakers at a time with no actual live tennis matches. Based on over one million historical tennis matches in LSports’ database, the simulator produces live tennis matches with real-time odds originally traded at the time, backed by a unique visualisation that includes features such as ball movement, shot placements, and statistics. As the product is based on historical data, the original details, such as player names, tournament, date, and time, are only revealed at the end of the visualised match, thus legitimising it and verifying its historical accuracy. Te partnership has been announced as the industry tries to mitigate the effects of the coronavirus pandemic.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136
