Industry News Roundup as Lottomatica enters Italy
The online gambling industry continues to gather pace as we head into the final quarter of 2023, with significant stories illustrating events that could have major effects on the industry.
We start with online gambling software provider, Bragg Gaming, which has made some notable moves over the last couple of years and its latest one is certainly somewhat of a coup.
It has joined forces with popular online gambling firm, Lottomatica to launch in the swiftly growing market of Italy - a move that is being met with excited curiosity from both parties.
This should see the software provider further enhance its brand reputation in one of the biggest online gambling markets in Europe as a result.
NetBet links up with Platitpus
Meanwhile, leading online gambling operator, NetBet has joined forces with Platipus - a noteworthy and rapidly growing software provider in the industry in a move that is definitely garnering excitement.
It has built its reputation over the last nine years for developing thought-provoking content that has grasped the imaginations of many in the industry.
This partnership will allow NetBet to substantially increase its reputation as it looks to onboard customers in new and existing markets.
Greek gambling figures up considerably
Another rapidly growing online gambling and sports betting market, Greece, which has only recently been regulated, has reported soaring revenue figures for this year.
It has been revealed by the Hellenic Gaming Commission that Greeks have gambled over $25 billion this year and it is on course for a new record.
Last year alone, Greeks gambled in excess of $30 billion and this year’s figure is well on course to more than beat that. More and more operators have gained licenses in the market over the last 12 months, and as a result, have begun to build their reputation.
DraftKings snatches US market lead
It has been revealed that popular US sportsbook and casino, DraftKings has completed a major turnaround to gain a majority grip on the US market for this year, with just a few months left to go.
FanDuel was previously the clear leader, though thanks to clever marketing and customer acquisition strategies, the Boston-based operator has eclipsed its competition.
It also leaves substantial amount of intrigue on the table as to how competitors may respond and this could well be a rollercoaster in the run up to the close of the year.
Author and fact checker: Adiela de Bruyn
This news article was published on 01-11-2023