The SBC Weekly Digest for 15/05/20

Your weekly roundup of the most popular articles from SBC News, SBC Americas, CasinoBeats, SlotBeats, Insider Sport & Payment Expert.

Good week for…
ALTERNATIVE PAYMENT METHODS

Rafael Lourenco, the Executive Vice President and Partner at ClearSale, revealed that the surge in new online shoppers has led to an increased desire for alternative payment methods.

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WILLIAM HILL

William Hill has reduced its predicted monthly cash burn by 50% as punters opt for alternative betting markets and online gaming amid the lack of live sporting events.

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Bad week for…
NEW JERSEY SPORTSBOOKS
With the cancellation of live sports and complete closure of retail betting facilities, it is estimated that New Jersey’s sportsbooks have lost out on circa $450m in bets in April.

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CAESARS ENTERTAINMENT
Following the shutdown of all its North American properties in mid-March, Caesars Entertainment reported a 13.6% drop in revenues.

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QUOTE OF THE WEEK
“@2x
The gambling industry is incredibly resilient and strong and although the current crisis is significant, it will provide yet another opportunity for us to reinvent what we believe is possible and create new experiences for customers.

Sergey Tsukanov, Chief Risk Officer at Betby, discusses the rise of esports and the need for reinvention to adapt to the current climate.

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NUMBERS GAME
£10 million
Betting and Gaming Council members, with support from GamCare and YGAM, have launched a new £10 million education and support programme which will be rolled out across the UK.

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88%
According to an Ingenico report, 88% of customers admit that they are more likely to make a purchase in-store if sales associates are knowledgeable.

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6
The Afghanistan Cricket Board handed wicketkeeper-batsman Shafiqullah Shafaq a six-year ban after he accepted four charges of breaching its Anti-Corruption Code.

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1.7 million
Last weekend, over 1.7 million viewers tuned in to watch 13 Triple Crown winners battle it out in Inspired Entertainment’s “The Kentucky Derby: Triple Crown Showdown” virtual race.

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VIDEO OF THE WEEK
Capture
SBC News 90 looks at the new guidance issued by the UKGC and data released by Spillemyndigheden which has shown a drop in gambling activity across Denmark.
Recommended Reading
W2 CEO Warren Russell underlined the importance of the payment industry’s role in restoring some level of economic stability after the current global health pandemic.

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Insider Sport spoke with Valencia CF Academy Directors Sean Bai and Luis Martinez about the impact of COVID-19 on the club’s youth development system, and the long-term impact on Spanish football recruitment.

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In a roundtable discussion, SBC looked at whether the rise of alternative betting markets is a short-term fix for the lack of live sports, or if this could soon become part of the ‘new normal’ for sportsbooks.

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Jean-Christophe Antoine, head of GGPoker Network, discussed the impact of COVID-19 on the poker industry, and what poker can offer the modern bettor that live sports betting does not.

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Sports Betting Community Ltd, Riverbank House, 1 Putney Bridge Approach, Putney, London SW6 3JD, United Kingdom

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