Below are a selection of articles and features that cover the finance and banking side of the iGaming industry ranging from the latest payment systems through to the iGaming Business Index which is exclusive and still not repeated anywhere else.
IGaming IndexSince 2004 iGaming Business has monitored the top 30 iGaming sites weighted by the percentage of the company’s business derived from iGaming. Written by our Banking and Finance section Editor Melissa Blau. the index is unique in the iGaming sector.
The Fith 'P' of the Marketing Mix: Payments
You’re probably familiar with the ‘four Ps of marketing’ model, which outlines four crucial elements for successfully bringing a new offering to market – product, price, promotion and placement. But when it comes to online gaming, and especially when you’re bringing your product to a global marketplace, today’s effective marketing mix should include a fifth ‘P’: payments.
Deloitte Report on the British Betting Industry – The Full PictureA new report by Deloitte reveals the important economic impact made by the betting industry on the British economy. The study, called ‘The Full Picture’ was commissioned by Ladbrokes plc and aims to provide a quantitative and qualitative analysis of the economic contribution of betting.
Emerging Payment Types 2010Traditional banking products do not fully address the needs of iGaming operators and suppliers. Credit cards are a minefield for fraud and intervention; debit cards, with their reliance on Visa and MasterCard BINs, are subject to issuer blocking; local bank transfers
and even SEPA payments suffer from slow reporting and often incomplete detail. A further drawback of SEPA type payments is that they require consumers, merchants and PSPs to
expose commercially-sensitive bank account information....See More...
M&A and the Roads to ConsolidationSeveral months of predictions, rumours and speculation about Mergers and Acquisitions in the online gaming sector are starting to come home to roost – and just like buses, you wait for one deal to come along and then four arrive at once.
PartyGaming Playing Numbers GamesPartyGaming’s acquisition of Cashcade signals the first active step towards the widely anticipated consolidation of the industry, and could act as a catalyst for increased M&A activity within the sector. Mark Segal, Finance Director of Cashcade, explains the ramifications of the deal for both parties.
Payments: In-House or Outsource?It’s blindingly obvious that every Internet gaming operator has only two real challenges on the money front: getting money in securely, and paying it out efficiently. It’s also a given that in one way or another, this requires an interface with the banking and money movement system in every jurisdiction where it is intended to do business. Given that every operator has a sophisticated level of ability to manage thousands, if not hundreds of thousands, of player accounts, managing cash flow through a relatively small number of bank accounts should not seem so difficult by comparison. Why, then, are the majority of gaming companies reluctant to manage their own payment relationships and so very dependent on competent third party providers?
Recently, the market's perception of the gambling stocks has been dominated by the 'three Rs':namely, Recession, Regulation and Refinancing
It’s impossible to miss the fact that we are in a global recession. The media is shouting about it and the governments of the world are throwing cash at it to avoid a major slump.
Sign up below to receive daily iGaming news to your inbox or email marit@igamingbusiness.com
