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Online Gaming Down in Portugal EMEA


Te online market in Portugal recorded a decrease in gross income during Q2 of this year, reaching €25.4m or about €6m less than the previous quarter


Online gaming generated gross income, from the granting of the first license until June 30, 2017, of more than €108.1m.


PORTUGAL ONLINE GAMING


SWITZERLAND – Swiss Casinos will get a new CEO next year with Marc Baumann taking office on January 1. He will replace Peter Meier, who will retire from operational activities on December 31. Mr. Baumann contributed to the reorientation and success of the Zurich casino.


Swiss Casinos stated: “After more than 20 years of very successful development work, Peter Meier will retire on 31 December 2017 from his duties as operating director (CEO) of the Swiss Casinos Group. Highlights of his activities were the economically successful construction of the casinos in Schaffhausen, Pfäffikon and St. Gallen, the allocation of the coveted casino concession in the inner city of Zurich and the realization of the successful restaurant George.


“The Board of Directors is delighted to present Marc Baumann, the current Director of Swiss Casinos Zurich, with an experienced personality from his own ranks as the new CEO of Swiss Casinos. Marc Baumann has repositioned the Zurich Casino in a very short time and positioned it extremely successfully on the market.”


HOLLAND – ECommPay, the global payments transformation specialists, is pleased to announce further high-profile additions to their London-based headquarters. Gambling compliance expert Shane Mortimer joins as Gaming & Forex Business Development Manager, while industry insider George Maroufidis takes on the role of Retail & Digital Business Development Manager. Both


Maroufidis and Mortimer join ECommPay at a period of unprecedented growth, with the company expanding its value to partners interested in resolving complex payment challenges to stimulate business growth.


GREECE – A report, commissioned by Greece’s finance ministry, has advised that casinos could be developed in the tourist regions of Mykonos, Santorini and Crete. The finance ministry recently asked Grant Thornton, a consulting firm, to analyse the existing casino sector and suggest proposals to reinvent the industry in Greece, which currently boasts nine licensees. Mykonos, Santorini and Crete would be ideal hosts for new casinos. The report also suggested that the government should tier taxation and make table games more viable by reducing tax. The Greek casino market has fallen sharply since the economic recession from €3.18bn in 2008 to €1.57bn in 2015.


P28 NEWSWIRE / INTERACTIVE / 247.COM


Te online gambling market in Portugal recorded a decrease in gross income during the second quarter of this year, reaching €25.4m or about €6m less than the previous quarter, according to figures published by the regulatory body Serviço de Regulação e Inspeção de Jogos (SRIJ). Online gaming generated gross income, from the granting of the first license until June 30, 2017, of more than €108.1m.


Te online casino segment also fell last quarter to €11.4m from €13.9m reported for the three months ending March 31, 2017. Online poker accounted for 32.6 per cent of the online casino market. Cash games accounted for 23.9 per cent while poker tournaments accounted for 8.7.


Revenues from online gambling generated €25.4m during the three months reviewed in the report compared to €31.4m during the previous quarter. Tis means that Portugal's online gaming market experienced its first quarterly fall since in May 2016 when the SRIJ issued the first license.


Programme to bring more women into the casino boardroom


UK


Te National Casino Forum is launching a new initiative to encourage operators to bring more women into the boardroom. Forty per cent of the 14,000 staff directly employed by UK casinos, and around 30 per cent of senior managers, are female, but there are very few women on company boards.


Tracy Damestani, chief executive of the National Casino Forum (NCF), which represents all the major operators, is engaging with the Portas Institute to develop a framework for the casino industry. Te intention is to help operators understand the barriers preventing women from becoming board directors and equip them with strategic solutions to overcome them.


Ms. Damestani recently


Since January, sports betting has decreased, decreasing per month on average by as much as 14.5 per cent, meaning almost a €4m decrease per month. Between April and June 2017, the decrease in gross income amounted to over €1m with betting registering the lowest value in the last month of the second quarter (€3.4m).


In the second quarter of the year, gross revenues from online gambling stood at €11.4m (down €2.5 m from the previous quarter). During the first half of the year, the highest value of betting via online gambling was via online slots (38. 13 per cent), followed by poker. Meanwhile roulette recorded almost 20 per cent of total online gaming.


Tere are currently 523,000 registered players in Portugal. According to the latest data more than 60 per cent of players are aged between the ages of 25 and 44. In the second quarter of this year, the number of new registrations was significantly lower than the previous quarter, standing at 64,400.


delivered a presentation to the European Casino Association, outlining the need for more boardroom representation at board level across the industry. Research by McKinsey shows that companies with a gender balance at senior level perform better and for every 10 per cent increase in gender diversity on senior executive teams, EBIT increases by 3.5 per cent.


Te Portas Institute promotes long-term change inside companies by leading workshops, which set out a roadmap for change, involving every level of the business from the executive team downwards. Tey identify the business case for change, set goals and create delivery teams to execute the plan. Tracy Damestani said: “I know many operators are keen to encourage women onto their boards. I hope that the workshops will be the catalyst for change. I’d love to see the casino sector in the vanguard of reform within the gaming industry, setting an example that others follow.


Holland


Kansspelautoriteit, the Dutch gambling commission, has ordered that affiliate network Catena Media closes down its operations in the Netherlands. It issued a cease and desist order saying the marketing company had broken the country’s gaming laws and also issued a fine of up to €21,000 if the company failed to obey the order. Catena Media is a performance marketing company based in Sliema, Malta. It drives 'high-value online leads to its clients by helping online casino and sportsbook enthusiasts around the world to find the best deal.' Kansspelautoriteit said Catena Media targeted Dutch players by promoting online gaming on sites such as pellenoverzicht.com, gokoverzicht.com, and netentcasino.nl, all of which have now been blocked in the Netherlands. Te crackdown is part of a new regime brought in in May on Dutch-facing websites.


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