In the second part of iGaming Business' rundown of the year to date's most popular news stories, we see that viewers were particularly interested in US developments, while regulatory progress in Germany also attracted a lot of hits.
Half the year has now passed, with the year dominated by advertising crackdowns, new regulatory restrictions and signs that long-awaited market openings may finally be moving into view. iGaming Business looks at the biggest stories from the first six months of 2019, and examines their impact on the igaming industry.
Victor Espinosa believes that his company’s self-service terminal, originally conceived as a lottery ticket vending machine, could become a widely used solution in markets with a low level of internet penetration. Here he explains how Loto Punto was established, and the obstacles it faces in its native Colombian market.
Bet Entertainment chief operating officer Alberto Alfieri sets out what he believes will ensure a thriving regulated market in Brazil, and offers a surprising defence of turnover taxes, ahead of next month’s Brazilian Gaming Congress.
Zeal Network is preparing for major changes in its core German market, with its acquisition of Lotto24 to prompt a pivot away from lottery betting in the country. Chief executive Helmut Becker explains how the shift will position the business for future growth - and why lottery betting is far from dead.
The iGamingBusiness.com Nordic dashboard, in partnership with H2 Gambling Capital, suggests that the region will grow to a €4.46bn market by 2023, boosted by the introduction of igaming regulation in Sweden.
Key developments in 2018 come to fruition this year, with point of consumption tax and consumer protection issues set to ring big changes in the Australian gambling industry, according to Addisons senior Associate Karina Chong and partner Jamie Nettleton.
The first day’s panels at ICE VOX 2019 saw speakers talk up the need for cooperation between operators and regulators if the industry is to survive in the face of increasing regulatory pressure and worsening public opinion. Speakers also highlighted the importance of clarity on issues such as the Department of Justice’s reinterpretation of the Wire Act and what is expected of operators when it comes to player protection.
In conjunction with Ash Averill of DLA Piper London, iGaming Business provides a regulatory snapshot of the European online gaming and betting markets, which includes all regulated gambling products and legalised operator types within each country and impending market updates (where applicable).
The regulatory framework for Dutch igaming is becoming clearer, although the first licences are unlikely to be issued before 2016. But as Younes Moussaoui and Justin Franssen of Kalff Katz & Franssen write, a tax rate of 20% gross gaming revenues or lower will depend on how much of the illegal market is driven out once regulation comes in.
Grant Humphrey, assistant director of transaction support at Ernst & Young, asks whether there is a correlation between UK betting and gaming revenue and the performance of the UK economy and how listed companies' shares are affected by the ups and downs of economic cycles.
Check out the second instalment of the H2-iGaming Dashboard for your monthly overview of the igaming sector in numbers. As part of the iGaming Business Intelligence and Analysis Centre, H2 and iGB are working on new projects to provide you further datasets and market overviews in 2014.
The online gaming and betting sector seldom mentions the lottery vertical, but for Matteo Monteverdi, GTech senior vice-president of igaming, lotteries are likely to play a key role in the growth and development of igaming, especially in the US.