Newgioco Records 96% YTD Increase in Online Poker Betting and Gains Market Share
⏱ 1 min read
(New York).- Newgioco Group, Inc. ("Newgioco" or the "Company") (OTCQB:NWGI), a company providing regulated online and land-based gaming and wagering through licensed subsidiaries in Italy and Austria, and headquartered in Toronto, Canada, is pleased to report that leading gambling, betting, and gaming news agency AGIMEG - Agenzia Giornalistica sul Mercato del Gioco ("AGIMEG") shows a surge in Newgioco online poker betting turnover resulting in significantly improved market share.
Strong online poker turnover and market share growth
Newgioco Group, through its wholly owned subsidiary Multigioco S.R.L ("Multigioco"), continues its accelerating growth trend in fiscal year 2018 with online poker betting in Italy gaining significant ground. Multigioco reported online poker turnover growing by 96% since January 2018. AGIMEG also reports that Multigioco has increased its market share to 4.17% in October 2018 (from 2.4% in July 2018).
"Newgioco Group has made considerable progress since announcing the online poker strategy in December 2017, among the numerous highlights we recently announced, the company has signed several additional retail locations, significantly strengthened its roll out plan in the rapidly developing U.S. sports betting market, filled key executive and board positions and more than doubled its betting handle. The online poker strategy has performed extremely well with our subsidiary Multigioco now ranked 6th in poker betting turnover in the Italian gaming market," stated Michele Ciavarella, CEO of Newgioco. "In addition, our powerful ELYS betting platform continues to attract a considerable number of new operators throughout Italy and has consistently delivered outstanding financial and operational results. We are quite confident that the steady expansion of Newgioco's sports betting business in Italy and the entry in the U.S. market will reflect in our continued revenue growth and strong shareholder value."
OPERATORS | MARKET SHARE | RANKING |
POKERSTARS | 37.84% | 1 |
SKS365 | 7.01% | 2 |
LOTTOMATICA | 6.68% | 3 |
SISAL | 6.72% | 4 |
SNAI | 5.86% | 5 |
MULTIGIOCO | 4.17% | 6 |
888 | 3.47% | 7 |
EUROBET | 3.20% | 8 |
MICROGAME | 3.12% | 9 |
BETALAND | 2.89% | 10 |
BWIN | 2.64% | 11 |
BGAME | 2.11% | 12 |
STANLEYBET | 1.89% | 13 |
GOLDBET / INTRALOT | 1.81% | 14 |
ADMIRAL | 1.47% | 15 |
GRUPPO VINCITU' | 1.36% | 16 |
BETTING | 0.90% | 17 |
BET365 | 0.81% | 18 |
E-PLAY24 | 0.81% | 19 |
DOMUSBET | 0.64% | 20 |
Source: Agimeg processing on ADM (Agenzia delle Dogane e dei Monopoli) data – October 2018
Categoría:Sportsbook
Tags: betting software, Sports Betting, Sports Gaming , Sportsbook , Newgioco,
País: United States
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
NOVOMATIC drives the growth of the Colombian market at GAT Cartagena 2026
(Cartagena).- Following a standout participation at GAT Cartagena 2026, NOVOMATIC Gaming Colombia reaffirmed its leadership in the Latin American gaming industry by combining a strong technological showcase with the launch of linked progressive jackpots and active involvement in regulatory discussions shaping the future of the slot machine sector in the country.
Thursday 02 Apr 2026 / 12:00
Trade Associations and Governments in Latin America: The Gaming Sector Calls for Technical Dialogue and Regulatory Predictability
(Cartagena de Indias, SoloAzar Exclusive).- Cartagena de Indias was the stage for an intense debate on the role of gaming associations in shaping public policy, where regional leaders agreed on the need to strengthen dialogue with governments, warned about unilateral decisions that affect the sustainability of the industry, and proposed an evolution of trade associations into key technical actors in the region.
Wednesday 01 Apr 2026 / 12:00
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.