iGaming Business magazine In-play Focus 2015 | Page 16

IN-PLAY FOCUS 2015 FROM DOT.COM TO DOT.COUNTRY Ebbe Groes, Chief Executive Officer and co-founder of EveryMatrix, gives exclusive insight into how the technical, regulatory, tax and compliance hurdles posed by dot.country markets are changing the offer and consumption of in-play betting across Europe. How has the ongoing division of Europe into dot.country markets changed the offer and consumption of in-play betting? During the first half of 2015, the in-running product didn’t change too much, mostly involving small adjustments as to comply with regulations regarding the margins/ payouts or the exclusion/inclusion of some bet types from operators’ product offering. A good example would be Italy, where until recently operators were not allowed to offer two-way handicap for basketball, which they are now allowed to do. France is also coming along, by allowing broader offerings as well. There is a rising demand and need for live local events (i.e. the dot.ro sites will require a certain volume of live events from popular leagues in Romania, say handball), which are not so easy to fulfill, as the focus of third party providers such as Betradar or Betgenius is pan-European/global. So, as a platform provider, you need to be creative and always seek specific country-targeted partnerships and product offerings. This is one of the driving ambitions behind our development of the OddsMatrix sportsbook, to be able to swiftly and cheaply add a new source of odds and settlement data, suitable only for a small 42 | iGamingBusiness | Issue 93 | July/August 2015 Which new challenges has this emerging landscape posed to both operators and suppliers? The dot.country model poses all kinds of challenges, from technical to regulatory, to tax and compliance, to name just a few. There are many technical challenges to begin with (data formats, servers, security) but regulation may ultimately determine the configuration of an operator’s platform, the two main factors here being certification requirements and specific features or functionalities. Payment processing methods may also differ, as each dot.country market has its own “trust” requirements, and both operators and bookmakers therefore need to take these local mark ]