SKS365 Group, sports betting operator, rose to the second position in regulated web sports betting industry of Italy in the month of April.
The Italian gaming news agency Agimeg.it presented in the collected statistics that the comprehensive physical casino betting, as well as online sports betting handle in the controlled market of Italy, surpassed the €1 billion mark in April. The share of approximately €542 million of the total amount was gambled via online casinos.
In the month of April, the complete handle was roughly 63 percent higher. This was as compared to the same month in the year 2016. The profits of €149.5 million were registered by the Italian-approved sports betting operators. This aggregate is more than twice the total which was produced the previous year. The hike of web gambling profit was over 93 percent to €56.6 million.
About the SKS365 Group
SKS365 Group is a multi-licensed international bettor and gaming controller from Austria. It has established its name in the European gaming area since its origination in 2009. It has over one and a half million enrolled customers today. Its chief brand planetwin365 is among the fastest thriving sports betting portals in Europe.
The SKS365 Group of companies is being recognised as a prominent European betting and gaming organisation. SKS365 has betting shops in five countries – Italy, Austria, Serbia, Belgium and Montenegro. The company possesses licenses for land-based gaming activities under national regulations there.
The Group is introducing a new era in the Italian sports betting area with 1,000 recently approved betting shops.
Statistics of Online Sports Betting of SKS365 Group
Bet365’s Italian website towered above the online sports betting graph with a stake of 29.4 percent. Another major impact was that the website was a runner-up among other online casino websites in the month of April. The confined activities of Austria’s SKS365 Group escalated to the second position possessing an 11 percent share. Furthermore, the respective sports betting operator displaced the persistent number two Eurobet. Eurobet is a member of Ladbrokes Coral group that descended to the third position holding a share of 8.9 percent.
Statistics of Land-based Sports Betting of SKS365 Group
In the physical casinos betting section, SKS365 gained an appropriate third position holding a 13.4 percent share. The first place was obtained by the preeminent SNAI with a share of 16.8 percent. The second place was acquired by Eurobet with a share of 14.1 percent. SKS’ joint sports betting handle of €121.2 million rated it second. It corresponded to Bet365’s €159.5 million on the comprehensive betting chart obscuring Eurobet’s betting handle of €113 million, SNAI’s betting handle of €111.4 million and Sisal’s betting handle of €85.6 million.
The Online Casino Vertical
In the month of April, the online casino vertical disclosed revenue of €45.2 million, a boost of approximately one-third year-on-year. Lottomatica gained the best streak with a share roughly of 10 percent. This promoted Sisal to the second place with a share of 8.54 percent. Amaya Gaming’s PokerStars product acquired third place holding a share of 7.3 percent. SKS365 Group was graded at ninth place with a share of 3.18 percent.
The extensive descend of online poker cash games persisted in the month of April. Along with it, the profits dropped closely to 10 percent year-on-year to €5.6 million. Out of this, 45.5 percent was consumed for PokerStars.it. At the same time, Lottomatica was a remote runner-up with a share of 7 percent.
On the beneficial side, the online poker tournament fees enhanced in the month of April. It elevated 11 percent to €6.6 million, above two-thirds of which occurred on PokerStars.