February was a good month for two of Italy’s gaming groups while the other two saw precipitous drops, according to a report on G3Newswire yesterday. Sanremo Casino and Casino di Campione saw positive numbers while declines in the double-digits were weathered by Casino de la Vallee and casinos in Venice. All four groups combined had turn over of about €394m in February, €38m less than the online sports betting market. The combined turnover of land and sports betting was 30 percent high than February 2016, and 7 percent more than January 2017.
According to the report, Casino de la Vallee in St. Vincent generated only €4.4m in February, down over 17 percent. And even though footfall was up nearly 6 percent for the month, the two Casino di Venezia properties posted €6.7m in GGR, down over 10 percent.
The casino in San Remo had a lower GGR than St. Vincent at €4.05m but that number showed a five percent gain.
The biggest winner in February was Casino di Campione with land based GGR of €6.86m, up nearly 12 percent y-o-y even though footfall was down to just shy of 50,000 visits for the month.
Online casino revenues were much brighter, according to G3Newswire with a 25 percent surge for the month. Lottomatica dominated the landscape with a nearly 11 percent share of the market.
Online poker continued to flounder with February cash games and tournament fees down 11 percent and 16.5 percent respectively under January numbers.
In expansion news, BtoBet announced today that they are ready to join the Italian market including the “.it” domain extension as required by the Agency for Customs and Monopoly, by providing operators with its iGaming and Sportsbook platform which they say is already compliant with the evolution that the whole Italian sector is living now.
BtoBet’s Head of Sportsbook, Davide Ruggeri, noted: “Nowadays, from a management perspective, Italian operators experience the problem of administering multiple systems that are integrated at the front-end but separate at the back-end. This means that operators require a valid omnichannel solution that enables the evolution of physical bet-shops into intelligent shops via a single channel, integrating web and physical stores by giving the opportunity to better understand players. This process allows operators to deliver the right product at the ideal time for every single customer. It is the key to standing out, attracting and keeping players loyal to the brand.”
Representatives will be on hand in Rimini at Enada Primavera from March 15 through 17 to introduce operators to their advanced Sportsbook and iGaming intelligent platform. According to a release today, BtoBet says their platform currently supports over 40 types of sports, with more than 330,000 pre-match events and 20,000 live matches per year, 3,400 competitions, odds updates as often as 3.6 million per minute, live betting, and esports.
The company integrates Betradar’s data feed and MTS service into their Sportsbook and iGaming platform.