Week’s Most Important News in the World of Gambling (June 1 – June 7)

CT Interactive has partnered with BetHub

CT Interactive has expanded its presence in Bulgaria by partnering with BetHub, a newly licensed online betting operator in the country. This collaboration aims to extend the reach of CT Interactive’s extensive gaming portfolio, enhancing the Bulgarian gaming market.

Week's Most Important News in the World of Gambling (June 1 – June 7)

Silvia Hristova, Head of CRM at CT Interactive, commented: “Our diverse range of gaming solutions will captivate BetHub’s online audience, offering an exciting and engaging gaming experience.”

Antonio Donov, Business Development Manager EMEA at CT Interactive, added: “Partnering with BetHub highlights our commitment to providing cutting-edge gaming experiences. This alliance adds innovation and entertainment in Bulgaria’s online gaming market.”

As CT Interactive continues to expand its footprint in Bulgaria, the partnership with BetHub underscores a mutual dedication to providing innovative gaming content and exceptional experiences to the gaming community.

Kiril Naldzhiev, General Manager at BetHub, remarked: “CT Interactive’s esteemed reputation speaks volumes. We believe this collaboration will propel BetHub to become one of the premier gaming platforms in Bulgaria. With a versatile portfolio of games suitable for any platform, our players are assured a diverse and captivating gaming experience.”

Earlier, CT Interactive and GR8 Tech inked a significant partnership.

Spanish online gambling revenue increased by 15.1% in Q1

In the first quarter of the year, Spain’s gross online gambling revenue reached €350.7 million, marking a 15.1% increase compared to Q1 2023 and an 11.2% rise from the previous quarter.

Data from the Spanish gambling regulator, DGOJ, highlighted that online casinos were the primary revenue source, generating €167.8 million, which accounts for 47.8% of the total online gambling revenue. This represents a 17% year-on-year growth, although it is a 2.1% decrease from Q4 2023. Within the online casino sector, slots and roulette were the standout performers, with revenue increases of 15% and 22%, respectively.

Sports betting revenue amounted to €150.3 million, making up 42.9% of the total revenue. This figure reflects a 15.4% rise from Q1 2023 and a 31% increase from Q4. Notably, pre-match betting revenue surged by 588.8%, while in-play betting revenue declined by 31.7%. Other types of bets experienced a modest 1.6% growth, but horse racing betting revenue dropped by 28.4%.

At the end of Q1, Spain had 78 licensed online gambling operators: 50 offering online casino services, 41 providing betting options, nine focused on poker, four on bingo, and two on contests. Total deposits rose by 15.9% to €1.09 billion, and withdrawals increased by 13.9% to €740 million. Additionally, the number of new accounts grew by 33.6%, reaching 446,586.

Marketing expenditure in Q1 also saw a significant increase, rising 14.9% year-on-year to €112.8 million. Of this, €55.7 million was allocated to promotions, €41.8 million to advertising, €14.3 million to affiliates, and €1.1 million to sponsorship.

SkillOnNet broadens its Ontario gaming selection with IGT PlayDigital offerings

SkillOnNet has announced the addition of IGT PlayDigital content to its offerings for customers in Ontario.

Players at SkillOnNet-powered casinos in Ontario will now have access to IGT PlayDigital games.

Jani Kontturi, Head of Games at SkillOnNet, stated: “We have built a reputation for prioritising our customers, and it is crucial that we continue to offer a wide variety of content to ensure players have the best selection and access to top-quality games. IGT PlayDigital games have already demonstrated their success in other markets we operate in, and we are confident that we will achieve similar outcomes in Ontario.”

In May 2024, SkillOnNet entered a global content deal with iGaming content provider Spinomenal. This partnership brought Spinomenal’s slot titles to SkillOnNet’s online casino brands, aiming to enhance the availability of Spinomenal’s games across various regions.

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