The Gambling And Betting Sector Will Continue To Grow In 2020

Revenues from companies operating in the gambling and betting sector will continue to grow in 2020 to the level of 12 billion lei, after advancing by 15% in 2019 compared to the threshold of 9 billion lei registered in 2018.

The growth is all the more spectacular as its speed continues to accelerate. Thus, compared to the previous year, in 2018 the registered revenues increased by over 11.4%, with a percentage point higher than the increase in 2017 and by 0.3 percentage points more than the one registered in 2015. The highest increase in the percentage remains in 2016 when revenues increased by over 17% compared to the previous year. In absolute values, the year 2018 brought revenues by approximately 1 million lei higher compared to 2017, according to Termene.ro.

“As the value of a domain increases, the percentage with which it does so begins to decrease to the point where it stagnates or even becomes negative. The fact that the growth speed of the profile industry remains high is an indication that in Romania the field of gambling and betting has not yet reached its maximum potential “, said Adrian Dragomir, founder of the Termene.ro platform.

More spectacular than the increase in revenue generated by these companies is the advance of the profits they make. If in 2013, the total profits generated at the national level were approximately 166 million lei, in 2018 they increased more than 5 times, exceeding the value of 838 million lei. A direct effect of the growth of the main financial indicators of a company (turnover and profit) is the advance of profitability. Thus, if in 2013, a company in this field earns 3 lei for every 100 lei collected, in 2016 the amount doubled reaching 6 lei (an increase of 3 lei) and in 2018 it increased to 9 lei (another increase of 3 lei).

Although the profits increase spectacularly, over half of their amount (approximately 500 million lei) was generated by companies controlled by investment funds based outside Romania. Thus, although the field generates a high profit, more than half of it is directed outside Romania’s borders.

Unlike previous financial parameters that have improved significantly, the same cannot be said about the speed of debt repayment. This indicator calculates the average number of days a company in this industry pays its debts (regardless of their nature). If in 2017 this indicator decreased, reaching an average time of 78 days, in 2018 it returned to the trend of recent years – the growth reaching a record time of about 97 days.

Sign Of Entrepreneurial Maturation

When a company becomes more profitable it is a sign of entrepreneurial maturation but this is not visible in the case of payment behavior which (at the level of activity) has a constant trend of deterioration. Whether it is financial institutions, suppliers, or customers (winners), they have to wait longer and longer until they collect their receivables, which generates a domino effect at a macro-economic level “, shows the Termene.ro analysis.

The share of companies in the field that present a high risk of entering insolvency is in a constant decrease, but it is still maintained at a high level like the idn poker in Indonesia. If in 2013, 40 companies out of 100 had this risk, the continuous decreasing trend meant that in 2018 there were on average 35 companies out of 100 that had this risk.

The fact that in the context of the constant increase of the speed of payment of debts, the share of companies at risk of entering insolvency is in continuous decrease, brings back again the concept of payment behavior. Thus, without generalizing, there are premises to believe that at least some of the companies in the field have the financial possibility to speed up the payment of debts but for various reasons they do not do this. In this regard, RedBill is the tool that can support companies in assessing this risk and acting accordingly. Through RedBill, the Office of Uncollected Invoices, you can report customers who have not paid their bills on time and who help you recover money for uncollected invoices.

 

Betting Pro, Joachim Marnitz Advice For Beginners

Joachim Marnitz is a betting professional and betting strategy expert. He studied sociology for a diploma. The focus was on empirical social research and thus on statistics. And that is exactly the basis for professional sports betting for him. You can’t compare this to the beer bet on the weekend.

The betting pro analyzes numerous data sets, the odds movements for both teams in the past, and the special conditions of the game. For example, whether certain players are blocked or injured. The decisive factor is the ambition to see the matter as a mathematical challenge. It’s like successful poker players. Luck and bad luck only play an important role in the meantime. Ability decides in the long run.

As a professional betting strategist, he spends a lot of time developing models which he works on all year round. He also concerns himself with obtaining data as efficiently as possible and analyzing daily bets and, if necessary, placing them.

Basis of Betting Decisions

Simply put, on a number of variables that are particularly relevant and the betting odds. The art of betting is to put the two in a reasonable relationship. In other words, you need to be able to turn your variables into probabilities and be closer to the truth with this assessment than the market is.

Nobody will reveal all of their secrets, but in football the frequency and quality of goal chances are of importance and their execution. An example of almost meaningless statistics in football is possession of the ball. Interestingly enough, such insignificant statistics can also be valuable when betting: namely, if they are overrated by the public, as this drives prices in a certain direction.

Professional Bettors and Bookmakers

Professionals bet with bookmakers who do not block or limit individual players. These are depressingly few, in football, they are primarily SBO, IBC, Pinnacle, and Singbet. In Indonesia, http://216.83.47.125/ is the by far the largest and the most trusted football gaming site. There are also betting exchanges such as Matchbook or Betdaq, and in Asia, there is also Foobet. For professionals, betting agents like Samvo Betbroker are also essential in order to be able to place really high sums in one go.

Typical Beginner Mistakes

Beginners bet on winners, professionals bet on (too high) prices. Beginners tend to make the mistake of viewing bets as a yes / no matter, rather than seeing betting odds as what they are: probabilities. Betting is about estimating these probabilities more accurately than the market, but few are aware of that. Another typical beginner’s mistake: betting too much of the betting capital per bet. Beginners mostly greatly underestimate the possible random fluctuations. Personally, I would not recommend anyone to bet more than two percent per bet. For this reason, it is ideal to take part in the betting expert betting competition: You risk no money, but you can still win some, and most importantly: You can test your skills under real conditions. Because you always learn the most in practice.

Advice for Beginners

Bring a lot of patience and test every idea in peace on paper or only with very small stakes. If you don’t know a mathematical advantage on your side, you shouldn’t bet. The best recommendation is: delve into betting theory because that’s the key to successful sports betting. Having a clue about the sport in question is far less important than you think.

How To Commence A Gambling Business Online

The growth of the Gambling industry online had been consistent throughout the years. Records show that there is a rise of more operators each year. This implies that there is more challenge in the effort to be on top of the industry.

How to Start an Online Gambling Business?

In order to get started in the gambling business online, there should be a good choice of iGaming software, a gambling license, as well as a trading account, and a server dedicated to the business. But there is more to this in order to make the business a huge success and of course to attract the right players.

1. Select a trusted provider of the iGaming software program. This is the most crucial decision to make because you will be working with your provider for a long time. Therefore it is necessary to check on your options when it comes to the quality of service and the cost it takes. Aim for a provider that generally meets the following requirements – a high-level gaming management system, payment choices that allow various currencies, huge betting markets coverage, use of a range of leading worldwide casino games, an easy to customize front end, gambling permit and support services.

2. Decide on what you want to offer on your gambling site for your visitors. You should decide if you only want to offer casino games, sports betting, or a live casino play. You will want to look at other gambling sites like bocoran hk to get a clear idea of what you want to offer in terms of gambling and entertainment.

3. You will need to obtain a gambling license within the targeted area of jurisdiction. While there are well-known gaming jurisdictions that offer licenses applicable to many countries, ultimately it is a local law that dominates and should be followed. You must, therefore, obtain a gambling license in the region (or country) in which you want to situate your business. It may take half a year to a year to complete the licensing procedure (it depends on the country you are applying at).

4. Work on the design of your website. What your website looks like is very important. That is why you have to choose a very attractive design or invest in your front end development. Don’t forget that your design makes the biggest difference between hundreds of similar websites.

After you have worked on all four steps, you can use a digital marketing specialist to help you get your website out there and to have better views and audience participation. A digital marketer can help boost your business with a reasonable fee.

Macau Casinos Lose 88% Due To Coronavirus

The economic consequences of the worldwide spread of the COVID-19 virus are slowly becoming apparent. Many factories in Europe and the United States can no longer meet their production standards because their Chinese suppliers have shut down. Tourism to contaminated areas has been temporarily shut down and entire local economies are shutting down.

The casino industry also suffers from the Corona virus

Macau, the Chinese gambling city with the most money being converted around the world, had to take very stringent measures in February to curb the outbreak of the virus. These measures resulted in a 87.8% decrease in gambling revenue. At land based casinos, gambling revenue consists of all bets minus payouts. In other words: that what remains in the casinos gross below the line. By February 2020, Macau sales had fallen to $ 386 million from $ 3.14 billion in the same month of 2019, when it was still operating normally. It’s not a typo: in a normal month, over $ 3 billion in casinos are lost in Macau.

What measures have been taken in Macau because of the Corona virus?

No half measures have been taken in Macau to prevent further spread of the Corona virus. The main measure was to close all Macau casinos for 15 full days, starting February 5. Although Macau was much quieter than usual at the end of January due to all the tourist restrictions, in February the always bustling city turned into a real ghost town.

And then, like The Venetian Macau, you can still be the largest casino in the world , if the doors close, the tables will also remain empty. And then not a single Macau pataca is lost at the baccarat and Sic Bo table.

On February 20, most Macau casinos reopened, albeit under strict security measures:

  • At the gaming tables, there must always be at least one space available between players
  • There must always be at least one empty slot machine between two occupied slot machines
  • Standing bets are no longer allowed, sitting is compulsory
  • All players, dealers and other casino personnel are required to wear a facemask

What are the long-term consequences of the Corona crisis for Macau?

Not only gambling sales fell by 88%, the restaurants, rooms, shops and bars also closed. The financial impact on the results of Macau casinos will therefore extend far beyond just the loss in gambling winnings. All staff had to continue to be paid during the closure, which costs a casino millions of dollars per day.

Opt to play on online gambling (http://dewapokeronline.co/) in this time of health crisis. Entertainment is still accessible, all you will actually need is a computer, an internet connection, and an account.

It is already certain that the year 2020 will be disastrous. The Corona virus effect will certainly continue for a few more months and before visitor numbers and spending patterns are at the old level, you may be a year further. Stock prices of Macau casinos may fall very sharply. The real question would be how hard will the fall be?

 

Gambling As A Business Can Lead To Loss Of Control And Profits

Gambling is a billion-dollar business for providers. A large part of this business are coming from non-regulated areas. The players bear the risk.

According to the Federal Center for Health Education (BZgA), lying about gambling is a hallmark for gambling addicts – playing with ever-increasing stakes and criminal fundraising is another. According to estimates, there are 200,000 pathological gamblers in Germany, says Tilman Becker, head of the gambling research center at the University of Hohenheim. There would also be around 300,000 problematic players.

The majority of these pathological and problematic players gamble on machines. For almost 77 percent of the players who go to outpatient counseling or treatment centers, this is the main form of gambling. This emerges from the Addiction Help Statistics 2017 of the Institute for Therapy Research.

Factual tolerance of illegal games

Online casinos and online poker are part of the non-regulated gaming market – they are illegal in many countries such as Germany and Indonesia. But even if these games are not legal, many players still find a way to have access to these sites like live casino in Indonesia (https://dewa303.id/sbobet-taruhan-judi-bola-dan-live-casino-online/). In Germany, this black market includes gambling offers that do not have a German license but do have one from another EU member state. Much of it is actually tolerated.

The unregulated market is booming

Of the approximately 14.2 billion euros in revenue generated by gaming providers in Germany in 2017, 22 percent were generated in the non-regulated area, which also includes online sports betting. The figures come from the annual report of the federal state gaming regulators. While the regulated market grew by only 1 percent compared to the previous year (EUR 157 million), the non-regulated market grew by 24 percent (EUR 626 million).

The federal states are currently debating a reform of the State Treaty on Gambling. An opening of the sports betting market is planned. However, online gambling is said to remain prohibited.

Gambling researcher Becker calls for more control and regulation from a cross-border authority. Above all, player protection must continue to be promoted: “Experts agree that a lock file is a very important preventive measure for gambling addiction.” So far there is a locking system for all arcades only in Hessen. The lock can be applied for by the players themselves, relatives or the operators.

Georg Stecker, the spokesman for the board of the German Automata Industry (DAW), advocates a nationwide biometric access system. “We don’t want to make money from addicts.” The association refers to trained personnel in the arcades – only in a legal framework could players play protected.