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Record Performance: British online gaming grew 13% in the third quarter

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Among the highlighted activities, an event will be held at the iconic Chase Stadium, home of Inter Miami.

Press release.- Reinforcing its proposal to offer a top-tier experience, the next edition of SBC Summit Latinoamérica will welcome 4,000 delegates for exclusive networking opportunities, including an unforgettable night at the iconic Chase Stadium, home of Inter Miami.

The event, which will take place at the Seminole Hard Rock Hotel & Casino from October 29 to 31, will offer delegates the opportunity to explore cutting-edge industry innovations at the trade fair, deepen their experience through an extensive conference program, and establish valuable connections with key industry stakeholders during daytime and evening networking events.

Rasmus Sojmark, CEO and founder of SBC, commented: "At SBC we firmly believe that connections are the cornerstone of success, which is why networking has become one of the most valued aspects of our events."

He also conveyed: "In the past, we have organized networking events at iconic venues such as Benfica Stadium in Lisbon, Hard Rock Stadium, home of the Miami Dolphins, and Red Bull Arena, home of the New York Red Bulls. Is it always necessary to rent an entire stadium? Maybe not. But does it help make our attendees feel valued and cared for? Absolutely."

During the two main days of the event, delegates will have numerous opportunities to participate in networking sessions during the day. On Wednesday, October 30, from 10 to 11 AM, attendees can join the GGW breakfast at the F60 Refreshment & Lounge. Additionally, from 4 to 5 PM, they can enjoy complimentary drinks at the Networking Drinks Sponsored by IGP, which will be held at the IGP booth (E50). On the last day, Thursday, October 31, delegates are invited to the Networking Bar & Lounge (D40) from 3 to 4 PM for the Networking Drinks Sponsored by Abelson Info.

See also: SBC Summit Latinoamérica: Exploring Traditional Verticals

In addition to these industry-focused meetings, the fairground will also feature a large number of spaces dedicated to networking that delegates can use for their own purposes.

The facilities dedicated to networking include:

At the end of each day, attendees will have the opportunity to participate in exclusive evening networking events at privileged locations throughout Miami. On Tuesday, October 29, the Official Opening Party will feature a live DJ session, complimentary drinks, and canapés. Sponsored by Hub88, EveryMatrix, and Amusnet, the event will take place at the Daer Day Club from 7 PM to 1 AM.

On the evening of Wednesday, October 30, delegates will visit Lionel Messi's court by attending the Official Party at the Chase Stadium in Miami. Sponsored by Sportingtech, Betcris, and Pay4Fun, the event will run from 7 PM to midnight and will offer attendees live entertainment, music, and complimentary food and drinks.

The event will conclude with the Halloween-themed Closing Party, which will be held at Entice, inside the Seminole Hard Rock Hotel & Casino. From 9 PM to 2 AM, delegates will be able to celebrate the last night of SBC Summit Latinoamérica with a live DJ session and complimentary drinks.

Additionally, the closing night will feature the final edition of the SBC Awards Latinoamérica, a separately ticketed event that will take place in the Terrace Ballroom, Seminole Hard Rock Hotel & Casino, from 7 to 11 PM. This prestigious gathering will honor the outstanding achievements of the best brands and individuals in the industry, and will be complemented by an exclusive champagne reception and a three-course meal.

The performance of British online gaming reached £1.320m in the third quarter.

United Kingdom.- The British Gambling Commission has reported that the gross gaming yield (GGY) of the largest regulated operators reached £1.320m (€1.540m) in the third quarter. Although this represents a sequential decline from £1.460m (€1.686m) in the second quarter, it is a year-on-year increase of 13 percent.

Revenues were boosted by a 16 percent increase in gross revenues from online slot machines, which reached a record £689m (€797m). The average number of spins per session was slightly lower than in the third quarter of 2023, 142 compared to 147, but the sessions lasted longer.

There was a 9 percent increase in the number of players who spent more than one hour per session, reaching £10m (€11.5m). And although the average GGY per session dropped from €4.20 to €4.13, the number of sessions increased by 18 percent. The average duration of sessions remained stable at 17 minutes.

The Gambling Commission estimates that the reported data covers about 80 percent of the regulated market. It noted that the figures may have been somewhat affected by the reclassification of some products as slot machines by an operator.

See also: Stephanie Peacock confirmed as the UK's Minister of Gambling

Regarding other market verticals, the gross revenues from real-event online betting increased by 6 percent year-on-year, reaching £453m (€520m). The number of active accounts increased by 9 percent, but the number of bets fell by 10 percent. Gross profits from retail betting fell again by 1 percent, to £533m (€614m). The total number of bets remained at the same level as last year, but the number of counter bets fell by 6 percent. Bets through self-service terminals increased by 9 percent.

Overall, the number of monthly active accounts increased by 8 percent. The number of bets across all verticals increased by 12 percent, to £25.200m (€29.028m).

Meanwhile, the British government refrained from proposing a tax increase on gambling in the autumn budget. Prominent reports from two think tanks had raised fears that gambling would be used to plug a hole in the finances, but Chancellor Rachel Reeves has confirmed that there will be no changes to the gambling tax this time.

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