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UK World Pool season kicks off with record turnover

Published

1 year ago

May 9, 2023

Reading Time: 2 minutes

World Pool, the globe’s largest commingled horse racing pools created and powered by the Hong Kong Jockey Club (HKJC), hit new heights on 2000 Guineas Day at Newmarket, with turnover reaching £27.1 million, up from £26.1 million 12 months ago.

It was a memorable day on the Rowley Mile, with World Pool ambassador Frankie Dettori winning his fourth 2000 Guineas on Chaldean for Andrew Balding in the colours of the late Prince Khalid Abdullah. The 2000 Guineas produced the highest turnover on the eight-race card with nearly £4.7 million bet into the pool.

Pool betting operators from 28 countries now bet into World Pool, enabling racing fans from all over the globe to bet into one single pool, which creates huge liquidity and excellent value.

World Pool Moment of the Day

Funding for World Pool Moment of the Day has been boosted in 2023, with £4,000 going to the winning groom and it was Chetan Singh, groom of Chaldean, who was awarded the prize.

Singh will now go into the hat for the World Pool Moment of the Year competition – along with the other 24 global Moment of the Day winners in 2023 – with the chance to win a VIP trip for four to Hong Kong in 2024.

Michael Fitzsimons, Executive Director, Wagering Products, at the Hong Kong Jockey Club, said: “Despite the weather gods not playing ball at Newmarket, it was a bright start to the World Pool season in the UK and Ireland, and we were delighted to see turnover increase on 12 months ago.

“It was a hugely competitive race day, with interesting action for fans all over the world, but it was Frankie who stole the show once again. As we all know, he is one of the biggest, if not the biggest, stars to ever grace this sport, so to see him win his fourth 2000 Guineas on his final ride in the race was really special.

“Great credit must go to Newmarket for producing such a high-quality programme, with very healthy field sizes, and we are now looking forward to our next World Pool events at Newbury and Epsom.”

Alex Frost, Chief Executive of the UK Tote Group, said: “It’s great to see our World Pool season get off to such a strong start at Newmarket with high class racing and some fantastic results, notably World Pool ambassador Frankie Dettori winning his final 2000 Guineas.

“The Tote once again offered exceptional value, with Tote+ Win beating the SP in 4 out of 8 races and matching on the remaining races, and operating with an average overround of only 103%, versus 122% with the bookmakers. We are now looking forward to Newbury hosting their first World Pool races on Lockinge Day in a fortnight’s time.”

Sophie Able, Newmarket Racecourses and International Director, said: “2000 Guineas Day was an exceptional day of Flat racing, if a little damper than we were anticipating! We were delighted with the fields and that the changes we have made to the race programme and improvements to prize money, helped by World Pool, resulted in such competitive action on the track.

“To see Frankie triumph in the biggest race at his home racecourse for the final time was a fitting climax and we hope bettors around the world enjoyed getting stuck into what was a memorable day.”

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Sends company confirmed its participation in the ICE London Conference 2024

Published

4 months ago

January 17, 2024

Zoltan Tundik

ICE is the global showcase of innovative technologies, home to 600+ international brands providing access to products and services designed to enhance growth potential. Sends financial company confirmed its participation in the conference inviting to the brand’s stand for meetings.

The 6th of February is the opening day of ICE London 2024. The Sends team will spend three days of the conference meeting the current partners and establishing relationships with new ones in London. On its LinkedIn page, the company noticed that it had set up a stand to provide all the information about activity and business propositions, to meet with associates, and to engage with conference participants.

“Sends team is eager to meet the partners and new people at ICE London 2024. This event is iconic among gaming companies and market players. Organizers predict record attendance for the last London edition. We can’t miss this global event’s opportunities” , commented Anastasiia Pervushyna, Director/MLRO in Sends.

One of the shareholders (owners) of this company is Alona Shevtsova, a businesswoman, philanthropist, and active participant in the Ukrainian and UK FinTech community.

“Recent international industry events during the past year have already clearly shown the value and significance of in-person events for our industry and we expect that to be very evident in London as well”, Alona Shevtsova added.

Sends provides Internet acquiring, multicurrency personal and business accounts. Opening a SEPA/SWIFT/Faster Payments bank account is available within 48 hours after submitting the necessary documents. Sends is available in the web and app versions.

In 2025, the ICE London conference will relocate to Barcelona, Spain. The historic edition of the world’s largest and most international gaming expo ends in Great Britain. This country has hosted the event since 2013.

ICE London 2024 will be held from the 6th to 8th February at ExCeL London. To schedule a meeting with Sends representatives, please use [email protected] email or the conference application.

*Sends is a trade name of SMARTFLOW PAYMENTS LIMITED.

SMARTFLOW PAYMENTS LIMITED is registered in England and Wales (Company number 11070048).

Gaming

It’s time to speed up AI: Slotegrator presented new exciting solutions at iGB L!ve 2023

Published

10 months ago

July 25, 2023

Hunor Pal

A new era in the iGaming industry has begun: AI-powered solutions are now becoming affordable. Slotegrator presented the new AI-powered capabilities of its turnkey online casino platform at iGB L!ve 2023 in Amsterdam.

Every year, Slotegrator presents its newest innovations at iGB L!ve. This year, the company added several new features to its turnkey online casino platform, basing the additions on the results of internal customer research and global market analysis.

Upcoming trends are a constant source of speculation in the iGaming industry. As an industry trendsetter itself, Slotegrator knows what to bet on; last year, the company predicted rapid AI growth, and these capabilities have already been integrated into the company’s solutions.

The upgrades include:

The business intelligence (BI) module has become an Artificial BI module. Now it not only helps operators track the analytical data they need to make strategic decisions, but allows them to compare their project with others that operate in the same market. It’s an effective tool for analyzing competitors’ activities and to improve the entire business strategy.
ChatGPT was integrated to offer operators 24/7 business consultation. While the strategy will ultimately be up to the casino operator, ChatGPT’s capacity to offer advice can prove invaluable.
Fraud Detection (for collecting Big Data to reduce risk) with AI makes it easy for casino operators to set the parameters of what constitutes potentially fraudulent behavior and then segment players accordingly and take action when necessary.

Also, Slotegrator integrated a multiplayer chat function – an effective retention tool that emphasizes the value of live communication and offers opportunities for networking and creating player communities. The solution will see the addition of AI capabilities as well.

“This is just the first set of innovations. We are planning to use AI to boost our platform even further. The industry standards are changing, so the market can’t afford to use old tools now. Our participation in iGB L!ve 2023 demonstrated this completely,” says Dmytro Taran, COO at Slotegrator.

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LeoVegas Group granted three licenses to offer gaming software in Sweden

Published

12 months ago

June 5, 2023

Gaspar Incze

Reading Time: 2 minutes

LeoVegas Group has been granted three five-year licenses by the Swedish Gambling Authority—known as “B2B licenses”— to develop and offer gaming software in Sweden. These licenses, effective from 1 July 2023, have been granted to the Group’s game studio Blue Guru Games and two platforms. Licenses are a prerequisite for providing software to licensed operators and an important step to prevent unlicensed gaming companies, consequently strengthening channelisation in the Swedish gaming market.

Since its inception, LeoVegas Group has experienced rapid growth, evolving from an operator into an integral player within the igaming industry’s value chain via game and platform development. Effective from July 1, 2023, under the Swedish Gambling Act, companies involved in the manufacture, provision, installation, or modification of game software utilised in online gaming are required to possess a license.

LeoVegas Group has now been granted three five-year licenses—referred to as “B2B licenses”—by the Swedish Gambling Authority. These licenses have been conferred upon the Group’s game studio Blue Guru Games, as well as the Group’s two platforms (PAM).

Gustaf Hagman, CEO of LeoVegas Group, said “We welcome the introduction of B2B licenses, a decisive step towards mitigating the impact of key gaming software being simultaneously provided to licensed operators and unlicensed operators targeting Swedish players. With the new regulations in force, it is now critical that authorities focus on those suppliers deliberately undermining the Swedish licensing system by facilitating unlicensed gaming“.

The 2019 initiation of Swedish gaming licenses marked a significant reform to regulate and supervise gaming companies operating in Sweden. This reform fortified regulations pertaining to marketing and consumer protection, while also ensuring substantial gambling tax revenues. The success of the B2B licensing system heavily depends on the Swedish Gambling Authority’s capacity to restrict key gaming software intended for licensed Swedish companies from simultaneously being used by unlicensed operators seeking to attract Swedish players.

On 1 May, LeoVegas Group announced its intentions to acquire game developer Push Gaming, which is also licensed by the Swedish Gambling Authority and holds two B2B licenses. The acquisition is expected to be completed in the third quarter of 2023.