XLMedia names Ackroyd as new finance chief

Ackroyd will join XLMedia from Jaywing, where she had served as CFO since September 2020, prior to which she was also CFO at Push Doctor between November 2018 and September 2020.

She will bring extensive experience of the gambling industry, having had two spells with Sky Betting & Gaming earlier in her career.

Ackroyd first served as deputy finance director at Sky Betting & Gaming between October 2006 and June 2011, before moving on to a financial role within Sky and then to Coral as finance director.

She returned to Sky Betting & Gaming in January 2015 to become finance consultant, after which she became director of commercial finance at the business.

Ackroyd will join XLMedia and its board following the completion of her notice period of up to six months.

Rowan Ellis, who had been serving as interim CFO of XLMedia, will revert to his normal role as a financial consultant and will work alongside Ackroyd to ensure an orderly handover.

“I am really pleased to be joining XLMedia and look forward to working with the team to build upon the strong foundations in place and to deliver the next exciting phase,” Ackroyd said.

XLMedia’s chief executive Stuart Simms added: “I am excited to welcome Caroline, a highly experienced CFO, to XLMedia’s leadership team and board. 

“Her deep understanding and intimate knowledge of our sector offers tangible value and insights, especially in light of the dramatic progress we are delivering in US sports.”

Karnataka Rummy case dismissed after legislature’s igaming ban

The case was first filed on 12 September 2020 by a petitioner known as Sharada D.R against the state of Karnataka, The Online Rummy Federation, the All India Gaming Federation and Mr. Sunil Krishnamurthy.

The case was considered by the High Court of Karnataka, and was addressed by Hon. Mr. Ritu Raj Awasthi Chief Justice and Hon. Mr. Justice Sachin Shankar Magadum.

The filing called on the state of Karnataka to ban all forms of online gambling and betting until an appropriate regulatory body had been implemented.

However, the case was dismissed as a bill- titled the Karnataka Police (Amendment) Bill 2021- prohibiting all forms of online gambling was passed at the tenth session of the fifteenth Legislative Assembly on 7 October 2021.

The bill amended several parts of the Karnataka Police Act of 1963.

The amendment bill specified the types of games that fall under the ban, including the defining of online gaming as games played “by means of instruments of gaming, computer, computer resource, computer net work, computer system or by mobile app or internet or any communication device, electronic application, software or on any virtual platform.”

The bill also stipulated a fine of up to rupees one lakh (₹100,000/£983.41/€1,156.24) for any person who conducts or operates gambling.

As a result, the court determined that the original filing was no longer relevant.

“The State Government has brought an amendment in the Karnataka Police Act, 1963 and as such, the writ petition in the present form has become infructuous,” stated Chief Justice Awasthi.

In August a YouGov survey found that online gambling was the most popular in India, with 76% of respondents there reporting a preference for it.

Just how safe is in-play betting?

In-play betting has become such an integral part of modern gambling that it’s hard to imagine a time when it wasn’t present.

For example, at the time of writing, Ladbrokes are offering in-play markets on football, tennis, table tennis, ice hockey, basketball, volleyball and esports. The offering has ballooned beyond next goalscorer and final score markets, and shows no signs of slowing down as it becomes more ingrained in sport-watching culture.

Why is in-play so popular?

The appeal of in-play betting is clear. The ability to place multiple bets in real time, a plethora of variables to wager on, fluctuating odds – it’s a constantly evolving product.

Swedish operator Betsson – like many online operators – has reaped the rewards of in-play betting, and the company’s product director Joakim Thor says it is the core part of Betsson’s betting offering.

“In-play is an integral part of Betsson’s sports betting operations,” Thor says.

“In all of our major territories, live betting accounts for more than 50% of turnover and in some cases around 70%.

“Live margin tends to be more stable than pre-match margin as there is a higher proportion of singles activity. 

“Pre-match margin is expected to be higher on average, although offering more aggressive odds on pre-match compared with live does make this difference quite small,” he explains. “Pre-match margins are more volatile due to football combi bets in particular.”

Football is unsurprisingly Betsson’s most popular sport for in-play betting, given the general popularity of the sport and the sheer volume of variables that come with a 90-minute match. Thor also notes that tennis, volleyball and table tennis are the sports which have the highest ratio of live turnover compared with pre-match turnover – thanks to the popularity of betting point-by-point.

Where does the danger come from?

While on the surface it appears that in-play betting is just an extension of sports betting, campaigners will argue that its best comparisons may be elsewhere. Will Prochaska from gambling harm charity Gambling with Lives believes that in-play betting shares similar traits with online casino games.

“I’d put it alongside online casino slot games in terms of addictiveness due to that speed of play,” he says.

“It doesn’t have some of the other types of addictive characteristics like ‘losses disguised as wins’ – tricks the industry uses to keep people gambling even when they’re losing and keep people engaged – it’s a slightly different product from the absolute worst online slots and casino style games, but it’s clearly a very risky product.”

Such risk is exacerbated by the popularity of the product, he continues.

Studies of levels of harm between in-play and pre-match betting are hard to come by, but Prochaska argues that high demand, coupled with what he claims to be a popular product for problem gamblers gives the industry an opportunity to mimic online casino style games in a sports context. 

Prochaska continues: “You take someone’s interest in football which may have traditionally been a bet once a week – which wouldn’t have been a particularly addictive activity given the space between each gamble – and you turn it into something that mimics a fast-paced, casino-style game where you can bet every few seconds. Some sports lend themselves better to this than others”.

In addition to football – which includes variables such as with throw ins, corners, next goal, cards to name a few – he name checks tennis as another sport where in-play is particularly successful.

“Tennis is a particularly dangerous sport as it has quick points and you can bet per point,” he adds.

“You’ve got a very repetitive and addictive product with in-play tennis betting. It’s consistently shown to be a very dangerous product and one which makes the industry an awful lot of money due to its speed of play and the amount of revenue it can generate quickly from an individual gambler because of the opportunities to bet.”

The sentiment that in-play betting is an addictive product is one shared by vocal industry critics the All-Party Parliamentary Group (APPG) for Gambling-Related Harm.

The group targets in-play – along with just about everything else offered by the industry – in its 2020 report of recommendations for gambling reform.

It recommended that in-play betting be restricted to in person or over the phone. The over-the-phone model appears to be based on a loophole exploited by Australian operators when more traditional forms of in-play were prohibited. That APPG report also suggested stake limits for all gambling, accompanied by a triennial review with every customer to carry out affordability checks – allowing for deposit limits to be tailored to personal circumstances.

On in-play betting, APPG chair Carolyn Harris MP says: “The dangers of in-play betting are of real concern due to these types of bets providing players with the ability to bet non-stop during sports games, with more and more markets being included by bookmakers during the games.

“This inevitably encourages impulsive betting and has transformed the nature of simply watching a sports game for fun and entertainment.”

Can in-play betting be done safely?

However Betsson’s analysis contradicts the reformers’ claims. In-play hasn’t shown anything to suggest that exposure to in-play betting creates more at-risk players.

Thor says: “Whilst it is true that in-play betting has changed significantly over recent years and the pace has increased, our analysis shows that it doesn’t pose a higher risk versus many other forms of gambling activity.

“The split of players who we identify to be ‘at risk’ – both through our manual monitoring and our in-house-built Prediction Tool – over the years has not changed much and remains more or less the same.”

The vast majority of those who do participate in in-play betting do so safely according to Betsson. Suggestions for keeping things that way include upholding the integrity of the particular sport, maintaining high levels of responsible gambling monitoring, and being proactive when signs of risk appear.

Prochaska, though, would add affordability checks and stake limits to that list. He asserts that it’s down to the industry to prove it is putting products on the market which are safe.

Betsson itself has responsible gambling protocols in place for in-play betting. Risk analysis for customer accounts is driven by a number of factors, including the combination of products being played. Another is the amount of time a player gambles with a Betsson product, and the company is particularly watchful when it comes to in-play betting.

Thor continues: “Customers who keep gambling for extended periods of time or place large volumes of bets, particularly during what might be considered ‘anti-social’ hours, are on our radar and the team is proactively approaching them in line with best-practice industry processes and procedures.

“Additionally, our automatic interactions pick up this type of activity to alert the players in real time, 24/7, across all devices they may use. As reported in our 2021 Q3 results, Betsson had 74,475 interactions with customers manually, automatically and via real-time messages during the third quarter.”

Although operators such as Betsson are demonstrating responsible gaming practices regarding in- play betting, Prochaska believes that the industry as a whole needs to make more of a concerted effort to protect the players. 

In-play advertising

The industry is already taking steps to step up its social responsibility standards, including a reduction in advertising. This has seen promotions such as the “In-play with Ray” ads that previously featured the latest odds disappearing from screens. This was facilitated by the Industry Group for Responsible Gambling (IGRG) – a precursor to the Betting and Gaming Council (BGC) – which introduced a whistle-to-whistle ban on gambling advertising in 2019, preventing any advertising during pre-watershed live sport broadcasts.

That has had a clear effect. Gambling ad exposure during live sport reduced by 78%, while the number of gambling ads seen by children dropped by 97%.

Although notable strides have been taken in the right direction, there’s still more work to be done. If 10% of 16-17 year olds claim to be influenced by gambling advertising – as a recent Gambling Commission survey suggested – then criticism will still be there.

After all, Prochaska claims gambling “bankrupts its best customers”. 

Should in-play betting be banned?

With all the concerns surrounding the format, calls to ban in-play betting may grow louder in the future. However, such drastic action may create bigger problems.

The industry has long claimed that players would flock to offshore, unregulated sites offering few safeguards if gambling products are materially altered. The campaigners – and even the Gambling Commission – argue that British controls are so stringent that this offshore threat is overstated.

A PWC report commissioned by the BGC does suggest the black market is a clear and present danger. It claimed that offshore spend had doubled from £1.4bn in 2018 to £2.8bn. 

It noted: “Among players who used unlicensed sites, ability to bet large amounts, offering bets or games that others don’t, and ability to place live bets were all popular responses.”

This suggests there is some credence to the industry’s assertion that there would be no shortage of unlicensed operators ready to offer an alternative should in-play betting be banned. Thor alludes to this, arguing that a ban on in-play betting would just drive players towards black market operators.

He says: “Every jurisdiction must look at what legal framework makes sense to them and what verticals they are comfortable including in their regulation.

“But from the perspective that live betting is so established these days, it is highly appreciated by customers, and it constitutes such a large share of total sports betting turnover in many markets, excluding that vertical from the regulation will likely just lead to negative channelisation pushing customers to bet on illegal sites.”

Such a view is supported by integrity body the International Betting Integrity Association (IBIA). IBIA CEO Khalid Ali said: “Any ban on in-play markets may serve to encourage consumers (and corrupters) to seek out offshore operators to place in-play bets.” 

Will consumers be any safer in unregulated markets?

Too popular to stop, yet so popular that any attempts to do so would encourage black market betting. In-play betting has slowly grown into an industry.

The industry seems to recognise the scale of the product on its hands, and is making steps to ensure that in-play betting can be enjoyed safely. However, after successful campaigning against fixed odds betting terminals, the war on gambling advertising wages on. If the industry defers from its path of progress and starts to lose control of the product, in-play betting may find itself in the sights of campaigners next.

Las Vegas recovery helps Caesars cut loss in Q3 as revenue rockets 86.1%

Total revenue for the three months through to September 30 – which include the US operations of William Hill but not the rest of the operator, even though it still owns the entire business – amounted to $2.69bn, up from $1.44bn in the corresponding period last year.

Caesars said the increase was mainly due to novel coronavirus (Covid-19) restrictions being eased as its casinos, whereas in Q3 of last year the operator was faced with measures such as reduced capacity limits and social distancing.

As such, casino and part-mutuel commissions revenue increased 53.9% to $1.51bn during the quarter, while hotel revenue rocketed 155.5% to $511m. Caesars also saw food and beverage revenue climb 173.2% to $347m and other revenue 134.8% to $317m.

Read the full story on iGB North America.

Google fine for Italian ad ban violations overturned

Google had received an injunction from ad regulator Autorità per le Garanzie nelle Comunicazioni (AGCOM) on 29 October, 2020 for violaiton of the “dignity decree” – the law that banned all gambling ads in Italy. As part of the injunction, it was fined €100,000.

The injunction concerned an advertisement for Sublime Casino that appeared in searches for “online casino”. The ad said “Join the brand new Italian online casino now. Play over 400 games now – Join now and register in less than 30 seconds! No downloads. Safe and secure.”

While there was no dispute that the content was a gambling ad, Google argued that the ad had been placed without its knowledge, and through duplicitous means.

It pointed out that its ad platform was automated, meaning that businesses can submit ads without Google verifying any of the content. Although checks were in place to block all gambling ads, in this case, it said Sublime Casino had used a technique Google called “cloaking” to “circumvent” security checks.

“As soon as this activity was detected, Google Ireland immediately suspended the user ‘s account and proceeded to remove the disputed advertisement,” it told the court.

As a result, it raised the issue to the Regional Administrative Court for Lazio and asked it to rule the injunction and fine invalid, as it said it had taken all of the steps required of an advertising host according to the Decree.

The court drew on previous rulings about ad hosting, though not related to the gambling ad ban, to determine that – in order to be considered a hosting provider for advertisements – a business must be “active, capable of giving him the knowledge or control of the stored data”.

As a result, it said that “all the indices that… determine the exclusion of the manager’s responsibility from the internet platform for illegal content inserted by third parties” are present.

Because of this, the court opted to cancel the injunction and fine.

Denmark introduces mandatory ID card for retail betting

The scheme, scheduled to take effect from July 2022, will mandate the use of a “playing card” on bets in kiosks and other physical stores.

The scheme is backed by the Social Democrat-led government and all major political parties, including the opposition Liberal Party and the Danish People’s Party.

As well as being designed to prevent money laundering and match-fixing by removing anonymity, the government said it should also better protect young people and gambling addicts.

“With the playing card, we do away with the opportunity to play anonymously in, among other things, football matches,” said Morten Bødskov, Denmark’s Minister of Taxation.

“We are thus putting a stick in the wheel of the criminals who use this type of game as a means of, for example, laundering money. With the playing card, players must register, no matter how small amounts they play for, and data about their games are analysed and reported to the authorities if it seems suspicious.”

The card will ensure that young people under the age of 18 are not allowed to place bets, and it may be used to check whether the player has voluntarily excluded himself from gambling or exceeded self-imposed spend limits. Lotto coupons and scratch cards are not covered by the requirement for a playing card.

Bødskov added: “There is a need to tighten the rules in the gaming area. Many Danes – especially young men – have problems with gambling, and this often has major consequences for themselves, their future and their families. That is why we have agreed with a broad majority of the parliamentary parties to launch a playing card. It is a targeted bet, as this is where the problems with gambling addiction are greatest.”

Last monthm Danish regulator Spillemyndigheden revealed that the industry recorded revenue figures of DKK565m (€76.0m/$88.2m/£64.0m) for September, representing a 19.5% increase on the same time last year. Sports betting was up 2.8% year-on-year in the Q3 period to DKK577m.

Lottoland signs Climate Pledge in bid to be emission free by 2040

The Climate Pledge was formed by technology gians Amazon, with over 200 businesses worldwide signing up to the agreement.

Lottoland commissioned the global consulting firm Tunley Engineering to reduce its CO2 emissions in an attempt to become a more climate neutral business.

Lottoland CEO Nigel Birrell said: “We are delighted that we have achieved climate neutral status and signed the Climate Pledge.

“We are thus fulfilling our claim of assuming social and ecological responsibility for our customers and employees. We are proud to take on a leadership role in climate protection and hope that many companies will follow our example.”

Lottoland recently became a founding member of the All-In Diversity Project, designed to promote equality and inclusion in the gaming industry.

“We are happy that we can welcome another company, Lottoland, to the Climate Pledge,” said Sally Fouts, who is responsible for the Climate Pledge at Amazon. 

“Businesses have contributed to climate change, but deep cuts in greenhouse gas emissions can stabilize rising temperatures. Therefore, joint action by businesses around the world is urgently needed.

“The signatories of the pledge are in a unique position to address the challenge of climate change and help create the low carbon economy of the future. I look forward to seeing what we can achieve together over the next two decades.”

Virginia sports betting handle jumps 61% in September

During the month of September, Virginia sports bettors wagered a total of $283.9m, up 61% from August 2021.

The bump, which is mirrored in other legal markets such as New JerseyNevada and Colorado, can likely be attributed to the ongoing 2021-22 NFL season, which began September 10.

Bettors in Virginia won a total of $262.9m, leaving $31.0m in revenue, with a 10.53% win rate for operators. After bonuses, however, adjusted gross revenue was $10.3m.

Read the full story on iGB North America

Caesars completes sale of Louisiana Downs

Caesars and Vici Properties, a real estate investment trust spun off from Caesars in 2017, will receive a combined $22.0m from new owners Rubico Acquisition Corporation following the completion of the sale of Harrah’s Louisiana Downs Casino, Racing & Entertainment.

Rubico will operate the racetrack and the 12,000-square-foot casino in Bossier City and is in the process of applying for a sports betting license. The state has a 1 January 2022 deadline for applications.

To read the full article, visit iGB North America.

Genius Sports gets Louisiana green light

The official data, technology and commercial partner has been certified by the State of Louisiana Gaming Control Board as sports wagering service provider for an initial six months. Genius Sports, whose clients include the NFL and Premier League as well as DraftKings and Entain, is currently awaiting its full license authorization.

With the addition of Louisiana, Genius Sports is now authorised to operate in 18 US states, powering data, streaming, and marketing solutions for leading sportsbooks and lotteries.

To read the full article, visit iGB North America.