Newgioco Records 96% YTD Increase in Online Poker Betting and Gains Market Share
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.
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
SBC Summit Americas 2025
13 de May 2025
ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM
(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.
Friday 13 Jun 2025 / 12:00
Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm
(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.
Thursday 12 Jun 2025 / 12:00
Air Dice Revolutionizes iGaming with Nord Legends and Player Protection Technology
(Fort Lauderdale, SoloAzar Exclusive).- Air Dice presented its innovative Nord Legends line at SBC Summit Americas, combining Norse mythology with advanced game mechanics. The company is committed to AI and gamification to enhance the user experience. Read more about Air Dice's strategic focus and global growth in this interview with Rocio Moitino, Director for Latin America.
Wednesday 11 Jun 2025 / 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.