Number Crunching - strengthening the AGEM and targeting skin betting

Number Crunching - strengthening the AGEM and targeting skin betting

Thursday, July 21, 2016 Posted by Andy McCarron
Boiling down some of the week's news stories into digestible morsels

6 - New members of the AGEM (Association of Gaming Equipment Manufacturers) that were approved by the board of directors this week. It brings the total amount of members to 154. The new members are Automated Cashless Systems, CMC Trading Engineering, Duane Morris LLP, Gaming & Entertainment Touch Technology, Holley, Driggs, Walch, Fine, Wray, Puzey & Thompson, and Majestic Realty.

23 - Skins betting sites sent cease and desist letters by Valve, the company that provides a number of eSports tournaments. Proving that it’s not just all talk no walk Valve issued letters warning a number of sites, including CSGO Lounge, to stop profiting from the trading of its in-game items. Valve said in no uncertain terms: “Your commercial use of Steam accounts is unlicensed and in violation of the SSA. You should immediately cease and desist further use of your Steam accounts for any commercial purpose.”

49% - Percentage of shares that Cherry purchased in ComeOn Malta Ltd. By doing so Cherry has significantly strengthened its position in the region of Scandinavia with brands including ComeOn, Mobilbet, Folkeautomaten and Casinostugan. Cherry also has the option to purchase the remaining 51% of shares should it so desire.

€2.9m - the jackpot won by LeoVegas customer Chris, a 21-year-old from Oslo, while playing Yggdrasil Gaming’s Joker Millions progressive jackpot slot. He said he plans to invest in two apartments with the money, and also take his girlfriend to the Maldives to celebrate. Karolina Pelc, Head of Casino at LeoVegas, added: “We are delighted that this jackpot was won by one of our customers who was playing LeoVegas on his mobile phone as a means to keep himself entertained. This truly shows what LeoVegas stands for – number one in mobile entertainment."

41 - Cases of suspicious betting behaviour reported by ESSA in Q2. Of the 41 cases tennis accounted for a huge majority of 83%. Mike O’Kane, ESSA Chairman, said: “We must, quite reasonably, give the sport some breathing space to identify and implement any necessary changes, but changes are clearly needed and the sooner the better for us all.”

73 - Cyclists that took part in Sky Betting & Gaming’s charity competition in the Yorkshire Dales. They braved 60 miles in order to raise money for the bookmaker’s charity of choice, the Teenage Cancer Trust. The event was organised by a team from Ride 25.

£3.48bn - The amount that the online gambling market in Great Britain generates in Gross Gambling Yield (GGY) per annum, according to the Gambling Commission’s report of 2015 industry statistics. This is 28% of the British gambling market (37.5% including the National Lottery) and makes it the largest sector. It’s also the first time that it has exceeded land based betting in terms of GGY. It is expected that this sector will continue to grow though not at the same rates it has been in the past few years.

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