The SBC Weekly Digest for 24/07/20

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

Good week for…
UZBEKISTAN LOTTERY
Uzbekistan is one step further to establishing a national lottery after the government formed a ‘composition on the selection of a single lottery operator’ for the country.

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IGOR LABUTS
Igor Labuts, a former goalkeeper for Athlone Town, has been cleared of a match-fixing allegation following an appeal to the Court of Arbitration for Sport.

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Bad week for…
GENESIS GLOBAL
The UK Gambling Commission has suspended the operating licence of Genesis Global Limited with the regulator citing unspecified compliance issues

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LAS VEGAS SANDS
Publishing a Q2 trading update, Las Vegas Sands reported major losses, after revealing a 97.1% fall in net revenue when compared to the corresponding quarter last year, while operating income also dropped.

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QUOTE OF THE WEEK
“@2x
“It’s all about retention. Low RTPs tend to discourage players that sit down for an extended session without seeing a return on their outlay. In the long-term, the best option is to produce slots with a higher RTP”

Oliver Castleman, head of marketing at OneTouch, discusses why the introduction of higher RTPs is becoming increasingly common among some suppliers.

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NUMBERS GAME
223,000
Monzo has confirmed that 223,000 of its customers have activated its gambling block feature, equating to approximately 5% of its total user base.

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$198m
Publishing its Q2 trading results, Scientific Games Corporation recorded a net operating loss of $198 million, as COVID-19 disruptions impacted its core business channels.

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€27.7m
Catena Media has predicted that its Q2 2020 revenues will amount to approximately €27.7 million, as the group expects the quarter to deliver ‘record revenue and profits’.

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44
Rank Group is expected to reopen 44 of its Grosvenor Casino venues across England from 1 August following the government announcement which allows casinos to resume operations.

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VIDEO OF THE WEEK
Screenshot 2020-07-17 at 13.55.24
Here are some of the highlights from day three of the SBC Digital Summit North America.
Recommended Reading
In a roundtable discussion, CasinoBeats looks at how slot studios are changing their approach to game design, and how they attract more casual players and retain sportsbook punters who’ve transitioned to online casinos.

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Ray Wilson, director of UK-based gambling compliance consultancy AMLGS, looks at how the gambling industry has responded to the challenges posed by COVID-19.

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Icon Solutions’ Simon Wilson writes for Payment Expert, discussing what’s next for the banking sector as we emerge from the global health pandemic.

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SBC Americas discusses some of the opportunities presented by the Brazilian market and the benefits that regulations will bring to the region.

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

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