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Sportsbook

Newgioco Records 96% YTD Increase in Online Poker Betting and Gains Market Share

Friday 30 de November 2018 / 14:06

2 minutos de lectura

(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.

Newgioco Records 96% YTD Increase in Online Poker Betting and Gains 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

G2E - Las Vegas 2025

06 de October 2025

CT Interactive on Innovation, Networking, and Market Growth at G2E 2025

(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.

Thursday 30 Oct 2025 / 12:00

Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025

(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.

Monday 27 Oct 2025 / 12:00

G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event

(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.

Tuesday 28 Oct 2025 / 12:00

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