Industry News
King’s 11. 2 more shortlists in the SBC Awards bring King Billy’s total award tally to 11
It looks like there is no shortage of news from King Billy in the Award Front. After landing Best Casino in the 2020 AskGamblers Awards and getting a shortlist in the 2020 EGR “Oscars” of the gaming world, King Billy Casino nicely wraps up the season with two more nominations, this time for the coveted SBC Awards.
King Billy has been shortlisted in two categories: Rising Star in Casino and Affiliate Program. Do the two awards interrelate? And what do they mean for King Billy, now holders, as we are told, of 11 awards and distinctions in only 3 years of operations? Volodymyr Harkusha, King Billy CEO has the answers.
“These awards and actually all the awards we have gotten so far mean so much to us! Deposits may be our bread and butter but awards are our pride, joy and recognition that we are doing something really special. Mind you, we have been getting awards both from the industry pundits and the players, which shows the power of King Billy in both worlds. As further proof of the above, let me also mention the Casinomeister accreditation our casino got a few days ago.
Are the Rising Star and the Affiliate Program shortlists interrelated? Yes, they are! There is no compartmentalization in the Kingdom and one department’s success is all departments’ reason to celebrate. We push each other to become better and better, just like players in a winning team do”.
Well, there is no doubt that the “King’s 11” are certainly a winning team.
King Billy Awards & shortlists
1. SBC Awards 2020 Casino Rising Star Shortlisted
2. SBC Awards 2020 Best Casino Affiliate Program Shortlisted
3. EGR Awards 2020 Rising Star Shortlisted
4. AskGamblers 2020 Awards Best Casino Winner
5. SBC Awards 2019 Casino Rising Star Shortlisted
6. SBC Awards 2019 Best Casino Affiliate Program Shortlisted
7. EGR Awards 2019 Best Casino Affiliate Program Shortlisted
8. iGB Awards 2019 Best Casino Affiliate Program Winner
9. AskGamblers 2019 Awards Best Casino 3rd place
10. AskGamblers 2019 Awards Player’s Choice Casino 2nd place
11. AskGamblers 2018 Awards Best New Casino Winner
The SBC Awards, now in its seventh year, recognize the achievements of operators, affiliates and suppliers from across all major disciplines including payments, marketing, platform providers and data. In 2020, the Awards will celebrate the companies surviving through these unprecedented times and will be held online with 800+ virtual guests attending the ceremony.
King Billy Casino is a new generation online casino, available in 6 languages (English, Russian, German, Finnish, Norwegian, and Japanese) with an impressive record of 11 awards and nominations in 3 years of existence and a stunning variety of features. King Billy has created a superb user experience with a focus on the myth of King Billy and his Kingdom and treats all players with the attention they deserve.
Industry News
Entain Examines Possible Sale of Overseas Gambling Brands
Entain has hired advisers to oversee the possible sale of several of its overseas brands, according to reports.
These brands include Netherlands-based BetCity, which the gambling firm had bought last year.
The Netherlands, last year proposed a plan for tighter deposit limits from the second quarter, which is expected to hit Entain’s annual revenue and profit, the company said earlier this month.
A local offshoot of Ladbrokes in Australia, Sweden-based Enlabs and Georgia-based CrystalBet are other brands that are not integrated into Entain’s main tech platform and under review, reports said.
Wall Street boutique advisory Moelis is advising Entain’s board and the group’s recently formed capital allocation committee, and any disposals will be of brands that are not integrated into the company’s technology platform, which makes them easier to sell.
Entain, like other gambling firms, gained from a rise in online betting during the pandemic, but stiffer regulations in its main markets have hurt its bottom line.
The UK, the gambling firm’s largest market, is expected to put out a review this year, which is said to include a stake cap on slots at 5 pounds ($6.37) and increased affordability checks.
Entain expects its core profit to incur a 40 million pounds hit in 2024 from the regulatory moves in the UK and Netherlands.
888 Holdings
888 Holdings Terminates its Deal with Sports Illustrated
888 Holdings said on Wednesday it had terminated its deal with Sports Illustrated and was looking at options to sell or exit its direct-to-consumer U.S. operations, due to intense competition and low margins.
Sports Illustrated (SI), known for its eponymous sports magazine, had entered the online betting market in an exclusive deal with 888 in 2021 in a bid to entice SI fans.
Sportsbetting in the US took off in the last few years since it was legalised in 2018, with players in the country partnering up with or buying out British gambling groups that have more experience in that field.
But it has been a long road toward profitability for many sports gambling groups including market leader Flutter-owned FanDuel, which turned profitable for the first time only last year.
“In the US, the intensity of competition and requirement for scale means huge investment is required to reach profitability,” 888 CEO Per Widerström said in a statement.
BetMGM, jointly owned by Ladbrokes-owner Entain and MGM Resorts, made its first profits in the second half of last year.
888, which is active in four U.S. states, said it was terminating its agreement with SI-parent Authentic Brands and would pay a termination fee of about $25 million.
The termination is expected to help save 888 about $6 million to $7 million per year in 2024 and 2025, it added.
Industry News
Aristocrat Announces Inaugural Gaming Industry International Women’s Day
Aristocrat Gaming announced its inaugural gaming industry International Women’s Day (IWD) event, set to take place on March 8, 2024, at the Sofitel Manila in the Philippines.
The event aims to celebrate the accomplishments of women in gaming and initiate discussions on how organisations can leverage diversity, equity and inclusion (DEI) initiatives to drive progress within their own operations and the industry as a whole.
The event will feature a dynamic programme, headlined by a panel discussion with prominent figures in the gaming sector, including Cheryl Tiglao, Director of Slot at Hann Casino Resort; Katrina Mae De Jesus, Head of Business Development and Resort Marketing at Universal Hotels and Resorts Inc.; and Vina Claudette Oca, Assistant Vice President – Gaming Licensing and Development at PAGCOR. Attendees can anticipate engaging discussions, networking opportunities and actionable strategies for advancing gender diversity and inclusion in the workplace.
Lloyd Robson, General Manager – APAC at Aristocrat Gaming, said: “We are thrilled to host our first-ever International Women’s Day event in the Philippines. Our commitment to empowering women transcends mere equality – we firmly believe that embracing diverse perspectives and talents can enhance the gaming industry, fostering innovation and shaping a sustainable and inclusive future for all.”
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