Category Archives: In The Biz

Spain’s Luckia picks SBTech over Kambi

Spanish gaming operator Luckia has dropped Swedish supplier Kambi Group as its platform provider in what it described as a strategic move to rapidly grow market share not only in Spain but also internationally.

MarketWatch reported that Luckia, one of the successful online and retail sports betting operators in Spain, has tapped sports platform provider SBTech as a replacement of Kambi Group. With improved price differentiation, Luckia will enjoy greater operational flexibility and put a personal stamp on their sportsbook offering.

“We are delighted to confirm that Luckia is now powered by SBTech’s world-beating sportsbook. We decided to improve our core infrastructure to offer a wider range of opportunities to our players, and I can safely say that SBTech’s global reputation for sports expertise and technical excellence is well deserved,” Marcelo Ruiz, Online Managing Director of Luckia, said in a statement. “As our operations expand, we’re confident that the time is right to raise our profile further, with significant football sponsorship agreements that will enable us to increase our margins and beat the competition.”

The omnichannel strategy of Luckia has been instrumental for the company to gain significant market share in Spain. They have been able to invest heavily in building greater brand awareness, signing major sponsorship deals with La Liga clubs Celta Vigo and Deportivo La Coruna.

Tigre de Cristal phase 2 to cost $500M, says exec

Summit Ascent, Holdings Ltd – a Hong Kong-listed firm controlled by casino entrepreneur Lawrence Ho Yau Lung – may have to cough up US$500 for the development of the second phase of Tigre de Cristal casino resort in the Russian Far East.

This was revealed by no less than Craig Ballantyne, executive director of G1 Entertainment LLC, the firm developing the project, who said that the phase 2 will include additional hotel rooms, shops, conference facilities and restaurants, according GGRAsia.

Ballantyne also estimated that the construction project, with a total area of 100,000 square metres (1.08 million sq feet), will generate around 2,000 jobs. His comments were reportedly featured in Primorsky Krai Development Corp’s official website, which was written in Russian.

Primorsky Krai is a state-owned firm responsible for the development of the Primorye Integrated Entertainment Zone, a casino development area located 50 kilometres (31 miles) from Russia’s Pacific port of Vladivostok.

Valéry Bollier to speak about iGaming and the Social Revolution at VIGE2017 – Innovation talks(Day 2 – 21.03.2017)

November 2016 – The organizers are proud to announce that Valéry Bollier will give a presentation about iGaming and the Social Revolution during the Innovation Talks panel on Day 2(21.03.2017) at the Vienna International Gaming Expo 2017.

The panel is specially designed to highlight the most recent innovations and discuss futuristic ideas.

Valéry Bollier has over eleven years of experience in the iGaming industry. He is a regular speaker at industry conferences and seminars, as well as a contributor to various BtoB publications. Equipped with a passion for Daily Fantasy Sports (DFS) and ”Big Data”, Bollier is the co-founder and CEO of Oulala, a revolutionary fantasy football game which was launched three years ago.

The Central European gaming sector needs to speed up the process of transformation and its ability to adapt to the new trends and challenges of the online gaming industry offers within their own region. The only way to switch the region’s economy on the new track is investing in innovative solutions. It is not only about ideas, but ideas and their implementation. Bringing innovation into traditional industries is the key to success and ensures the competitiveness of the CEE region.

LRWC consolidated net income down 17%

Philippine-listed gambling firm Leisure & Resorts World Corp. (LRWC) see its consolidated net income slide by 17 percent during the third quarter of 2016.

In a regulatory filing, LRWC announced that it posted a consolidated net income of P288.6 million (US$5.77 million) in the July to September 2016 period, much lower than last year’s third quarter consolidated net income of P347.6 million (US$6.96 million).

The decline, according to the company, is mainly due to last year’s significantly higher share in TPI for nonrecurring revenues partially offset by growth of BCGLC from four newly acquired sites, FCLRC from growing revenue of locators, and ABLGI as last year’s revenues were reduced by abatements.

Still, LRWC pointed out that its consolidated net income grew by 11 percent to P888.9 million (US$17.79 million) in the first nine months of 2016 compared to the January to September 2015 consolidated income of P800.6 million (US$16.02 million).

LRWC consolidated net income down 17%

Philippine-listed gambling firm Leisure & Resorts World Corp. (LRWC) see its consolidated net income slide by 17 percent during the third quarter of 2016.

In a regulatory filing, LRWC announced that it posted a consolidated net income of P288.6 million (US$5.77 million) in the July to September 2016 period, much lower than last year’s third quarter consolidated net income of P347.6 million (US$6.96 million).

The decline, according to the company, is mainly due to last year’s significantly higher share in TPI for nonrecurring revenues partially offset by growth of BCGLC from four newly acquired sites, FCLRC from growing revenue of locators, and ABLGI as last year’s revenues were reduced by abatements.

Still, LRWC pointed out that its consolidated net income grew by 11 percent to P888.9 million (US$17.79 million) in the first nine months of 2016 compared to the January to September 2015 consolidated income of P800.6 million (US$16.02 million).

Becky’s Affiliated: Simplifying the launch of an online casino with Malta-based Simon Lidzen

The CalvinAyre.com team returned from Malta just a few days ago and thoroughly enjoyed covering SiGMA 2016 while on the island.  SiGMA has expanded greatly since its inception three years ago and the organizers recently announced what a success their 2016 edition proved to be.  Several new featured were introduced this year, including the BiG Charity Dinner, flying in 300 affiliates and the SiGMA Start-up Pitch, an extended session highlighting new companies in our space.

FAST TRACK is a Malta-based B2B company providing a managed solution for online casino technology and operations, also an exhibitor of SiGMA 2016.  The company’s co-founder, Simon Lidzen, describes FAST TRACK as a thriving start-up and recently announced the launch of Ikibu Casino, the provider’s second white label.  While I missed the opportunity to speak with Lidzen at SiGMA, I wanted to highlight FAST TRACK and his experience in launching online casinos for this week’s edition of Becky’s Affiliated.

 Becky Liggero: I’m sorry to have missed you in Malta, Simon- thank you for joining me today instead.  Lets begin with how FAST TRACK’s white label Ikibu Casino competes with some of the more established brands out there?

Simon Lidzen: Launching Ikibu was the most exciting project FAST TRACK have worked on so far. Ikibu is using the IGC back-end platform and FAST TRACK provide the front-end technology for Ikibu. These two combinations ensure right off the bat that the casino is really built on a solid foundation.

Week 12 Thursday Night Football Betting Preview

Ben Roethlisberger and the Pittsburgh Steelers have been offensively inefficient on the road of late, which should not be overlooked regardless of who the Indianapolis Colts have at quarterback on Thursday night.

Odds courtesy of OddsShark.com

Colts quarterback Andrew Luck is unlikely to complete concussion protocol in time to play and backup Scott Tolzien, who has not taken a snap all season, is in line to make his third career start. The Steelers opened as a three-point favorite but now sit as a 9-point favorite for Thursday night. The total for the game is listed at 48 points.

The Steelers are only 2-8 against the spread in their last 10 November games. Also, Pittsburgh has not scored more than two offensive touchdowns in a road game this season since Week 1.