Connect with us

Industry News

ECA Says European Casino Revenues Down 50%

Published

on

Reading Time: 2 minutes

 

The European Casino Association (ECA) has said that the European land-based casino sector has been hard hit by the pandemic.

ECA this week released statistics that show a devastating year for the bricks-and-mortar gambling industry through a poll of members.

The European casino industry was closed for an average of 136 days in 2020 and most operators have been closed for the first quarter of 2021. Seventy percent of casinos are currently shut down, with some exceptions this year, including Luxembourg, Spain and Monaco, but with restrictions.

The industry lost an average of over 37% of normal operating days last year and revenues have fallen by over 50%. The majority of ECA members do not have a clear schedule for the official reopening in 2021. Before the pandemic members employed 70,000 staff in their 900 casinos, an employment number that is likely to fall to 50,000 when reopening is allowed.

ECA chairman Per Jaldung said: “This is the deepest trough the European land-based casino industry has ever experienced. The financial impact of the pandemic on the land-based casino sector has been extreme and these numbers show the economic realities of Covid-19 on the European land-based casino sector.

“Some casinos have closed permanently and many casino employees have lost their jobs. We are under no illusion that the industry can return to ‘business as usual’ any time soon. We are, as a matter of fact, very far from business as usual.”

Restricted opening hours, maximum occupancy and amenity limitations, social distancing protocols, restricted gaming offers, protective measures including plexiglass, masks and on-site testing are just some of the hurdles that the land-based casino business is currently facing.

Country to country variations in the restrictions and mandates have also been compounded by regional variations within national borders. These restrictions are the next major challenge for a sector that the pandemic has hit the hardest.

ECA secretary-general Hermann Pamminger said: “Guests want to visit casinos again. The relaxation and tightening of numerous lockdowns in 2020 demonstrated the ability of the land-based sector to safely and responsibly return to business.

“Guest registration has enabled quick and practical social distancing measures and casinos have implemented comprehensive hygiene initiatives, far exceeding local requirements, ensuring that our guests feel comfortable and safe.

“Our industry is part of the service and tourism sector in which we employ a large number of highly trained and motivated people. The closures affected 130,000 direct and indirect employees, not only across our gambling facilities but also in our restaurant and entertainment areas.

“Our employees cannot wait for the day business is back to normal and they can once again welcome guests to their casino and entertainment venues, but our industry continues to need support to achieve this during an extraordinarily challenging period.”

Powered by WPeMatico

Continue Reading
Advertisement

Groove

Groove Technologies Targets High-Growth Sweepstakes Market Following Strategic Appointment

Published

on

groove-technologies-targets-high-growth-sweepstakes-market-following-strategic-appointment

Groove Technologies, a prominent iGaming aggregator and platform provider, has today revealed a strategic enhancement of its sweepstakes operations through the internal elevation of Michael Kitseliuk to the newly established position of Sweepstakes Account Manager. This action highlights Groove’s dedication to continue expanding in one of the industry’s most vibrant and swiftly growing sectors.

The appointment comes after a phase of rigorous technical advancement and evaluation, placing Groove’s enterprise-grade platform to provide unmatched sweepstakes solutions. The platform, famous for its cutting-edge player engagement features, live analytics, and a collection of more than 15,000 games from over 150 leading providers, is now enhanced to achieve new heights of scalability and profitability for operators using the sweepstakes model.

Michael Kitseliuk, with three years of essential experience from Groove’s technical operations team, will lead this initiative in his new role. His profound technical knowledge guarantees a smooth and straightforward integration experience for partners.

“I’m thrilled to be leading the charge on Groove Sweepstakes,” said Kitseliuk. “This vertical represents the forefront of market accessibility. The lighter regulatory footprint allows operators to launch faster and tap into vast audiences with incredible speed. We’re not just following a trend; we’re empowering our partners to unlock a significant new revenue stream and open doors to previously complex markets.”

The need for high-quality sweepstakes material has reached unprecedented levels. Groove’s strong entertainment ecosystem, which introduces more than 150 new games each month, is distinctly suited to drive this expansion. The firm has assembled a robust stream of content, prepared for delivery via its sophisticated platform.

Rachel Tourgeman, Head of Partnerships at Groove, highlighted the extensive preparation and market offering: “This isn’t a one-size-fits-all solution. We’ve undertaken rigorous, bespoke technical testing for each provider to guarantee a flawless experience for both the operator and the player. This diligence means we can now offer our operator cluster access to a vast network of nearly 50 premier game providers specialising in sweepstakes coins, all integrated and ready for launch.”

This strategic focus amplifies Groove’s core strengths: speed, variety, and technological excellence. By dedicating new leadership to the sweepstakes vertical, Groove ensures its partners can capitalise on this growth with a competitive edge.

Yahale Meltzer, Co-Founder and COO at Groove, concluded: “Our promotion of Michael into this dedicated role signals a new era for our sweepstakes platform. We are harnessing its full potential to offer operators super-fast integrations, a proven and diverse game library, and a technically superior platform. This is a definitive step in providing a complete, market-leading solution for every segment of the iGaming industry.”

The post Groove Technologies Targets High-Growth Sweepstakes Market Following Strategic Appointment appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Adam Kamiar Commercial Director at Wildz Group

Wildz Group unveils Blingi

Published

on

wildz-group-unveils-blingi

The Wildz Group has launched a new online casino offering to enhance the company’s expanding portfolio. Blingi aims to connect with new audiences through an innovative strategy for iGaming entertainment.

Says Adam Kamiar, Commercial Director at Wildz Group, “Blingi is a product we feel simplifies many of the processes customers experience when exploring an online casino. Our teams have focused on optimising the journey, making it easier and faster from the first click. The result is an online casino product that focuses on what matters: the world’s most popular games in a seamless environment from start to finish”.

Blingi offers players the chance to get stuck right into the good stuff, offering:

  • Trustly Pay N Play – players can receive their winnings to their bank account within minutes of approval, with instant money transfers 24/7 – 365 days a year.
  • No registration required.
  • A huge range of big-name games from world-renowned providers.
  • Frequent promotions | value adds | bonus opportunities

Operators licensed by the MGA have indicated that the casino’s branding and product range will particularly attract players in the region where it operates.

Wildz Group’s online casino brands, including Wildz, Wheelz, Caxino, Spinz, Chipz, and Tuplaus, present appealing iGaming options to players, whereas Blingi provides a distinctive user experience featuring Daily Cashback.

Kamiar further comments on shifting market conditions: “Our consumers are keen gamblers, so we’re making sure to offer superb products based on top-notch security and compliance so that they can play with complete peace of mind. Our goal is to ensure that we’re leading the way when it comes to player protection across world-class products in every market in which our brands are available.”

Wildz Group has established key collaborations with top game providers globally to guarantee that players enjoy casino platforms tailored to their desires—an approach centered on players that has secured the company substantial market share. The selection of games is enhanced by the deliberate implementation of reliable and secure payment methods. Blingi is the inaugural brand of Wildz Group to provide Trustly, an open banking payment method favored by iGaming customers.

“2026 is not without its challenges,” concludes Kamiar, “but we feel that we’ve got all our resources in place to make a lasting impact in industry, so we’re confident that we can say ‘watch this space’, knowing that good things are to come”, he concludes.

The post Wildz Group unveils Blingi appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Adam Lewis Chief Executive Officer at AxiumAI

AxiumAI taps ex-Entain leader Claire Painting to lead customer experience as CXO

Published

on

axiumai-taps-ex-entain-leader-claire-painting-to-lead-customer-experience-as-cxo

Extensively experienced Painting collaborates to develop experience strategy as AI revolutionizes sportsbook interaction.

AxiumAI, a frontrunner in AI-powered autonomous player engagement, has announced the appointment of Claire Painting as Chief Experience Officer (CXO), enhancing the company’s leadership team as operators transition to AI-enhanced player engagement.

Recognised for uniting marketing, product, UX, and technology teams to create seamless, consumer-focused experiences at scale, Painting will play a key role in aiding AxiumAI’s ongoing growth and future vision as the provider enhances its AI-driven engagement platform for global operators.

Painting brings over 20 years of experience in the international sports betting and gaming sector to AxiumAI. Most recently, she worked as the Director of Player Experience at Entain, where she managed a worldwide cross-functional team of more than 100 experts located in the UK, Gibraltar, Vienna, Hyderabad, and Manila.

While at Entain, she defined and executed the player experience strategy for the operator group’s global range of brands. This encompassed supervision of essential processes like registration, payments, account management, compliance, promotions, and gamification, along with the creation of worldwide UX/UI design systems and frameworks for measuring customer experience.

The appointment strengthens AxiumAI’s leadership as the company enhances its autonomous player engagement abilities and aids operators in providing real-time, personalized 1:1 player experiences.

Claire Painting, Chief Experience Officer at AxiumAI, said: “The future of player experience will be defined by technology that understands context, adapts in real-time and delivers meaningful interaction at scale. AxiumAI is building that capability, and I am excited to help shape autonomous engagement that will inspire players and drive step-change growth for operators.”

Adam Lewis, Chief Executive Officer at AxiumAI, added: “Claire brings exceptional expertise in player engagement across marketing, product and customer experience. Combined with her ability to connect teams and technology around the player, she is uniquely positioned to lead this area at AxiumAI. She will play a key role as we continue to build intelligent, customer-led solutions for operators globally.”

The post AxiumAI taps ex-Entain leader Claire Painting to lead customer experience as CXO appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania