Iowa sports betting revenue rockets 920.5% YoY in February

Revenue for February amounted to $7.7m (£5.6m/€6.5m), up from $755,334 in the same month in 2020, but 31.8% lower than the record $11.3m posted in January of this year.

Online sports betting accounted for $6.0m in total revenue for the month, while retail reached $1.7m.

In terms of handle, consumers in Iowa wagered $143.6m on sports, up 152.4% from $56.9m, but slightly down from a record $149.5m in January.

Some $125.2m was wagered across online platforms in February, compared to $18.4m at retail sportsbooks facilities in the state.

Players won a total of $135.9m from sports betting in the month, while operators paid $520,444 in sports wagering tax.

Read the full story on iGB North America.

Arizona sports betting bill passes third reading

The Bill, which was introduced by Rep Jeff Weninger in early February, was approved by the House Committee of the Whole yesterday (March 4), allowing it to pass onto its third reading. It passed its second reading on February 4.

It made further progress in late February, as it was approved by the chamber’s Republican and Democratic caucuses, after being passed by the House Commerce Committee by a 9-1 margin.

HB 2772 would allow consumers in the state to bet sports, at tribal casinos, at venues owned by major league sports teams and online.

In addition, the bill would add limited Keno games at off-track betting locations and social clubs and allow for paid fantasy sports.

Another bill in the state’s Senate, SB 1797, also progressed in February after passing the Senate Commerce Committee by 6 votes to 3.

SB 1797 is currently pending approval from the Arizona Senate Rules Committee.

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Kansas Senate passes sports betting bill

Introduced in January and sponsored by the Senate Federal and State Affairs Committee, Senate Bill 84, which seeks to expand the state’s Lottery Act, cleared the Senate by a vote of 26-12.

SB84 would allow the state’s four land-based casinos to open retail sportsbooks, as well as partner with up to three mobile sportsbooks.

Sports facilities in Kansas, including the Kansas Speedway motor-racing facility, would also be able to link up with casinos to launch online sports betting.

The bill also included provisions for tribal gambling, whereby recognised tribes in Kansas would be able to renegotiate gaming pacts with the state in order to legally offer sports wagering at their licensed casinos.

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Gibraltar regulator establishes new gambling care charity

Funded by the GBGA, the new Gibraltar Gambling Care Foundation (GGCF) will work with consumers, gaming industry leaders and government regulators to reduce the impact of gambling disorders in the Gibraltar market.

The GGCF will be operated independently from the GBGA, with the support of councillors Stephen Reyes and Selvan Soobiah. Belvedere Trustees Limited will act as corporate councillor and initially fund research at the new Centre of Excellence in Responsible Gaming (CERG) at the University of Gibraltar.

The Gibraltar regulator has already raised more than £2.5m (€2.9m/$3.5) from Gibraltar gambling companies to fund the setting up of the CERG, while funds will also support the facility for at least the next three years.

GGCF will primarily focus its research on the impact of problem gambling on individuals, families and society, and the means of mitigating negative impacts.

The new charity will also look at the prevalence of gambling addiction or other problem behaviours, and mitigation factors to prevent this, as well as practical solutions operators can implement to minimise the harm.

Other research areas will include standardised identification, monitoring and measuring criteria for problem gambling, as well as the creation, co-ordination and management of a database of igaming industry information to assist with research into problem gambling and responsible gambling measures.

“This is a pivotal step change for all Gibraltar licensed operators and the jurisdiction as a whole,” GBGA chairman Nigel Birrell said.

“The GBGA, via the GGCF will be supporting the creation of an industry leading research programme aimed at exploring solutions to minimise gambling related harm and the creation of open-source databases for academic studies.”

Reyes, who will chair the GGCF added: “Gibraltar is known globally as a premier jurisdiction in the online gambling area, so it is great that as an industry the operators have come together and set up and formed this charitable foundation to invest in academic research to inform effective initiatives to encourage responsible gambling and prevent gambling harm.”

Bally’s makes bid to acquire World Poker Tour owner Allied Esports

Allied had previously agreed to sell its poker-related business, including the World Poker Tour, for $78.3m to Element Partners. Under the Bally’s deal, Allied would terminate the Element deal.

Allied said that its board of directors will “evaluate Bally’s proposal in due course”.

“There can be no assurance that the Company will enter into a definitive agreement with Bally’s or consummate any transaction with Bally’s,” it said.

Rad the full story on iGB North America

GamCare, Gamban and Gamstop partner for TalkBanStop RG initiative

The initiative gives consumers access to a trio of services via the organisations, including GamCare’s 24/7 support hotline available over the phone and online.

It also provides access to Gamban’s gambling blocking software for free, to anyone calling the National Gambling Helpline, or who uses GamCare’s support and treatment services.

Gamstop’s self-exclusion tool, meanwhile, offers consumers the option to block access to gambling accounts and ensure consumers do not continue to receive direct marketing from gambling companies.

GamCare said the combination of tools and support, which is backed by the National Gambling Treatment service, is vital to adding additional layers of protection for anyone struggling to control their gambling.

In addition to these core services, TalkBanStop offers consumers access to additional support and content, including a podcast featuring former Premier League footballer Michael Chopra and podcaster Chris Gilham, discussing their own personal experience of gambling-related harms and the importance of getting the right support.

The initiative’s website also explains how to block gambling transactions through a consumer’s bank or building society account.

The partnership follows on from GamCare’s existing partnership with Gamban, formed in December 2020, which saw the charity offer access to Gamban’s self-exclusion tool free of charge to all UK residents.

Banks including Lloyds Banking Group, the owner of British high street banks Halifax, Lloyds and Bank of Scotland, as well as HSBC, now offer their customers the option to block transactions to gambling operators.

Study suggests interventions encourage setting limits, but “no effects” on spend

In the study, the Behavioural Insights Team (BIT) worked with 888, Gamesys, Buzz Bingo, Betfred and Genting in order to implement and evaluate interventions.

The interventions used were developed through practices created in the Gambling Commission’s Safer Gambling Messaging Project in 2017.

Each operator implemented their interventions in a different way.

888 introduced two interventions to encourage deposit limits. The first was an option to set a deposit limit when signing up. This proved to be very successful, with 10.3% of those who saw the option setting a limit compared to just 1.00% of the control group.

However, the BIT also noted that players who set limits and those who did not ended up depositing similar amounts.

888 also showed some customers a pop-up message encouraging deposit limits, but here the increase in limits set was not statistically significant.

Gamesys introduced a widespread campaign encouraging players to take breaks from play after winning. This was promoted through social media and email and led to an extremely large increase in users enabling session length reminders. While less than 10 players typically enable these reminders in a week, 781 did so in the week after the email.

Buzz Bingo similarly saw a major jump in players using safer gambling tools after it implemented an advertising campaign around them.

Like with 888’s deposit limits, these changes at Gamesys and Buzz did not lead to statistically significant changes in play time or deposits, however.

At Betfred, a series of intervention messages were sent to customers via email, text message and on-site inbox. The BIT said these had  “no detectable effect… on the amount of money customers deposited” or on length of play time or play time during “antisocial hours” late at night.

The only interventions which did lead to statistically significant changes in play time were emails from Genting Casino. 

The most significant of these were two different affordability check emails for new customers, which led to average play time reductions of 48 and 132 minutes, respectively.

However, the BIT said that, when combined with other results, it was more likely that these changes were down to selection effects than the emails themselves.

“The emails did not cause their recipients to change the amount of time they spent playing,” the study said. “Instead, the fact that a customer received one of those emails indicates that they were more likely to be on an upwards or downwards trajectory of their play time.

“For instance, customers receiving affordability emails would be likely to increase their play time once they had passed the affordability process.”

The BIT concluded that the study showed that improved interventions increases the uptake of safer gambling tools, but may not reduce harm.

“The ultimate aim of this programme is to develop interventions which will reduce gambling harm to customers,” it said. “We cannot say definitively whether that has occurred, but we can say that at least some of the interventions have caused significant differences in the uptake of safer gambling tools.

“Further research should focus on establishing the causal link between increased uptake of safer gambling tools and reduction in gambling harms, as measured in a natural gambling context as opposed to a laboratory trial.”

It said that operators should be more inclined to promote these tools, as the study suggested that the impact of uptake on revenue was likely small or nonexistent.

“There is inevitably some tension between increasing uptake of safer gambling tools and bottom-line outcomes for operators (such as the total amount deposited or total play time),” it said. “We found no evidence that developing effective safer gambling interventions had any negative impact on these at all. 

“Further, safer gambling messaging proved to be an effective way to engage with customers and could have potential as a general engagement and advertising technique. This finding is encouraging, because it suggests there is the opportunity to normalise the use of safer gambling tools while still engaging effectively with customers on social media.”

The BIT added that simply sending players messages through SMS or email alone appeared to be a “generally ineffective” way of promoting safer gambling. Instead, it recommended operators use alternative forms of intervention such as social media campaigns and a sign-up processes designed to reduce friction and increase awareness of safer gambling tools.

Research agency Revealing Reality also published a report of its own on the five operators’ interventions. It said that it was important for safer gambling messaging to not be “overshadowed” or contradicted by sales techniques.

“Layering safer gambling messages with others which directly contradict them is confusing to players,” it said. “Being totally consistent about safer gambling might mean removing other messages and cues the customer is exposed to, not just adding new things into the environment.

“Almost every available surface and display in any gambling environment, off or online, has been optimised for encouraging people to gamble. Against this sheer volume of sales techniques, and even with the best-intentions, safer gambling messages alone are likely to be insufficient.”

It pointed to a number of possible examples of this, including that wins are usually presented in a more attention-grabbing way than losses which makes them more memorable, high defaults on stake sizes that act as “anchors”, and features such as machine-reserving services that could imply that random games are not random.

“For many operators, safer gambling is often viewed as an add on,” Revealing Reality managing director Damon De Ionno said. “But our report has shown that in order to be successful in communicating safer gambling to customers, operators need to build safer gambling messages into every aspect of business and customer interaction.

“It is time operators look to prevent gambling harms, rather than just react to them”.

Gambling Commission executive director Tim Miller encouraged operators to look at both reports to understand more about what methods work in encouraging safer gambling.

“Safer gambling messaging can play a key part in this preventative approach,” Miller said. “This is why it is so important that the work from Revealing Reality and the Behavioural Insights Team has focused upon better understanding what works and what doesn’t when it comes to safer gambling messaging.

“We would encourage gambling operators to look at this research and consider how it can help shape their approaches around safer gambling messaging.”

In January, the Behavioural Insights Team published a report that found giving players the option to set their own deposit limits, rather than allowing them to pick from a list of options, encouraged lower limits.

However, like the most recent report, the study based on Bet365 data did not find a significant impact on spending.

Videoslots promotes Skottling to deputy CEO

Skottling, who officially moved into the new position on 1 March, will focus on building the operator’s cooperate structure and organisation.

Skottling joined Videoslots in September 2016 as chief operating officer, prior to which he spent two years as deputy managing director at NetEnt.

“It is a very exciting time to be at Videoslots and I am delighted to continue working closely with the senior management team to take the business on to bigger and better things,” Skottling said.

Videoslots chief executive Alexander Stevendahl added: “Ulle has worked tirelessly to get Videoslots to where we are today and fully deserves his new title and position of authority.

“We now have the opportunity to grow the business, not only in terms of the huge range of games for which we have become famous, but into new regulated markets where we can entertain a new generation of players with those games.”

The appointment comes after Videoslots last month entered into the Danish market in partnership with supplier Nolimit City.

Texas sports betting bill referred to House Committee

Introduced earlier this year by Democratic Representative Harold Dutton, House Bill 1121 sets out plans to legalise sports wagering via the internet and similar platforms.

The Texas Department of Licensing and Regulation would assume responsibility for overseeing the market, including awarding licences to any operators wanting to launch in the state.

Licences would cost $250,000 each, though only five permits may be issued at any one time.

If more than five operators apply for a licence, the Department would select the operators that it determines would best adhere to licensing requirements and maximise sports betting revenue for the state.

Operators that secure a licence would be subject to a tax rate of 6.25% on sports betting revenue generated in Texas. This would be payable to the Department on a monthly basis.

Read the full story on iGB North America.

AGS revenue down 48.6% in 2020

The supplier said the closures of its customers’ businesses caused by the novel coronavirus (Covid-19) pandemic were the main driver of the lower figures in 2020.

The majority of the year’s revenue came from the supplier’s electronic gaming machines (EGM) sales, which brought in $151.2m of the $167.0m total.

The supplier then paid $211.2m in expenses, down 24.9% year-on-year. Depreciation and amortization costs were the largest expense at $85.7m while selling, general and administrative costs were down 24.8% to $46.5m.

This led to an operating loss of $44.2m, compared to an operating profit of $23.7m in 2019.

After interest expenses and a $5.9m income tax benefit, total net loss attributable to PlayAGS was $85.4m, down from a net loss of $11.8m in in the previous year.

Including a foreign currency translation adjustment, the company’s total comprehensive loss was $88.1m in 2020, compared to $10.4m in 2019.

Read the full story on iGB North America.