Number Crunching - Nektan, SportPesa and Betway

Number Crunching - Nektan, SportPesa and Betway

Wednesday, January 10, 2018 Posted by Joseph Streeter
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Breaking down all the weeks news into a set of easy to manage figures

25,000 - The amount won by a Betway customer after he was victorious on the bookmakers free to enter ‘4 to Score’ game.

John Bolton, 32, from Llanharan, South Wales, saw his four picks, Plymouth Argyle, Morecambe, Eastleigh and Brackley Town, all find the back of the net within 15 minutes of kick off.

The lucky Manchester United fan said: “What an incredible start to the New Year, I was absolutely speechless when I got the call. I didn’t have much time so I used the randomise button to pick my selections.

“I’ve played 4 to Score a few times this season and the closest I’ve been is two correct selections, but I really enjoy playing the game.

“I’m going on a driving holiday to the US in a couple of months and this will really help with the spending money. I was also looking for a deposit to put down on a house, so I’ll be using the rest of the money for that. For me it’s life-changing.”

41.6% - The rise in net gaming revenue for B2B gaming solutions and services provider, Nektan as it  announced a strong trading and business update for the three months ended 31 December 2017 (Q2 FY18). The Company launched 17 new sites and five new partners in Q2 FY18 and is currently operating a total of 94 brands from 51 partners with plans to launch up to 18 new sites from both existing and new partners during the current quarter to 31 March 2018 (Q3 FY18).

Nektan launched a number of new games from existing and new vendors, including Evolution Gaming and IWG, taking the Group’s total mobile games portfolio to over 450.

35% - Entering 2018, Karauri ordered SportPesa to suspend all active sports sponsorships in protest of the Kenyan TNA government’s blanket 35% tax hike on betting and lottery services. Following the termination of all SportPesa Kenyan sports sponsorships, Chief Executive Ronald Karauri has defended his firm’s position against MP backlash.

5 - The Gambling Commission has outlined that it’s considering reviewing the licence of five online casino operators over money laundering and social responsibility controls.

Additionally, it has written to a further 12 online casino operators to raise concerns about the sector’s approach.In the letter the Commission set out how it expects operators to review all of their processes aimed at tackling money laundering and meeting their social responsibility obligations.

Sarah Harrison, Gambling Commission Chief Executive, said: “It is vital that the gambling industry takes its duty to protect consumers and keep crime out of gambling seriously. The Gambling Commission’s new strategy sets out our vision for a fairer and safer gambling market. The action we are taking to examine online casino operators’ compliance with money laundering and customer interaction requirements is just one example of how we will be relentless in turning that vision into reality.”

2 - The number of  complaints that were received by the ASA about a Coral TV advertisement. Coral expressed that it did not believe the ad was harmful or irresponsible in any way. Adding, that it did not believe the tone of the voice over, featured on the advert was pushy or aggressively promoting the gambling element, as it was “a very straight and matter of fact read.”

However, in its latest round of rulings, the ASA upheld its decision that Coral must cease using its advert that features stylistic clips of footballers performing against the background of a dramatic soundtrack. Deeming that the overall tone of the ad implied that gambling was more exciting than being a spectator and ordered Coral to stop distributing the advert.

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