Number Crunching - India, ICE and OPTIMA

Number Crunching - India, ICE and OPTIMA

Thursday, February 8, 2018 Posted by Joseph Streeter
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Breaking down all the weeks news into a set of easy to manage figures

65 - This year’s ICE conference from London’s ExCeL featured regulators from all sections of the international gaming industry, including personnel from 65 jurisdictions. Speaking prior to the event, Kate Chambers, Clarion Gaming Managing Director, who played a pivotal role in overseeing its development, stated: “We are delighted to host so many regulators from such a wide geographical reach which stretches from Argentina to Australia, Bulgaria to Brazil and Ukraine to the United States.

“What we have with ICE London is a globally respected brand that has relevance to all elements in the gaming space, comprising gaming innovators, operators, media, trade bodies, consultants and governmental organisations including regulators."

63% - Catena Media flourished at the end of 2017 trading, revealing record Q4 corporate revenues Of €20 million, an increase of 63% on corresponding Q4 2016’s €12.3 million.

Commenting on Q4 trading, Catena Media CEO Henrik Persson Ekdahl revealed: “The fourth quarter of 2017 for Catena Media was no different from the rest of the year; dynamic, fast-moving and highly successful. The closing of the year with all-time high and the new organisation in place moving at full speed pleases me greatly.”

20 - Champions League winner Luis Garcia was one of the many star attractions on show at ICE London. The former Liverpool midfielder, who was capped 20 times for Spain, was a special guest at the OPTIMA stand, and was one of many big names that attended the event.

8% - The World Regulatory Briefing at ICE including the India Briefing, which detailed how the market of India is made up of around 300m-400m online sports bettors, and is growing at a rate of 8%.

Speaking at the event, Vaibhav Gaggar, Managing Partner of Gaggar Partners Solicitors, stated: “The legality as it stands today is that sports betting is illegal, and there are two schools of thought on that.

“There are people now who are actually going ahead and saying that that is the wrong reputation, unfortunately there hasn’t been enough movement there.

“The Law Commission of India actually came up with a report very recently saying that it is time to legalise and regulate sports betting in India, online sports betting.

“And that is a massive step forward because this was done under the auspices, and in the direction of, the Supreme Court of India.

“This issue was raised as, why should sports betting be illegal in India, which is something that needed to be looked into, so the law commission looked into that.”

6 - In a ground-breaking development in British Racing, the strides lengths of horses racing at six Arena Racing Company (“ARC”) racecourse is now available At The Races (“ATR”) website – www.attheraces.com.

The development is the first time that valuable stride information – comprising metrics around Stride Length and Frequency - has been published on this scale, with data being collected for every runner, by every furlong in all races run on ARC all-weather tracks – Lingfield Park, Newcastle, Southwell and Wolverhampton, as well as the flat at Doncaster and Royal Windsor when their seasons commence later in 2018.

At The Races’ Director of New Media and Innovation Matthew Taylor said: “This is another exciting step forward giving fans of the sport new information they have never received before. We look forward to seeing how this can further enhance the analysis and understanding of how races are won and lost. In partnership with TPD and ARC we will continue to bring innovative new ways to understand horseracing which can appeal to existing and new fans of the sport.”

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