Sports betting operator SKS365 Group surged to second place in Italy’s regulated online sports betting market in April.
Figures compiled by Italian gaming news agency Agimeg.it showed overall land-based and online sports betting handle in Italy’s regulated market topping the €1b mark in April, of which nearly €542m was wagered online.
April’s overall handle was nearly 63% higher than the same month last year. Italian-licensed sports betting operators reported revenue of €149.5m, more than twice the sum generated in April 2016. Online betting revenue was up over 93% to €56.6m.
As ever, Bet365‘s Italian site dominated the online sports betting chart with a 29.4% share, but it was April’s runner-up that made the biggest impression. The local operations of Austria’s SKS365 Group leaped into second place with an 11% share, dethroning perpetual number two Eurobet, part of the Ladbrokes Coral family, which sank to third with an 8.9% share.