Newgioco To Build 400 Self-Service POS Terminals For Italy

With the launch of its NGoy (‘Enjoy’) virtual operator terminals through its Multigioco subsidiary, gambling operator supplier and operator Newgioco will build up to 400 new self-service point of sale locations across Italy.

With the first 100 NGoy terminals to be in service in Italy by December 2020, the company has begun rolling out the units. There will then be an additional 300 installed in 2021.

It also hopes to extend the deployment of terminals, which allow regulated sports betting, in other European and US markets.

The kiosks have an all-in-one self-service experience that enables customers to access remote deposits and withdrawals from their gaming accounts, as well as load pre-paid cards, phone cards and a range of other banking services.

Newgioco Group vice president of operations Alessandro Marcelli said: “Our NGoy branded virtual operator terminal is a first of its kind and built to address market demand from our customers in Italy for reliable, seamless accessibility to their gaming accounts and to provide convenient ancillary services in a one-stop solution.

“At full capacity, we expect that each new terminal location could generate approximately $35,000 to $40,000 in gross gaming and other value added service revenues on an annual basis, and believe that our NGoy terminal will provide a unique customer engagement edge as we expand into additional European and newly regulated U.S. markets.”

After being forced to close in March as a result of the latest coronavirus (covid-19) pandemic, the operator’s Italian retail betting network reopened in June.

In accordance with the social distancing and sanitisation steps laid down by the government, land-based betting shops, including places such as bars and coffee shops, were allowed to reopen following the relaxation of government restrictions.

In order to extend its sports betting operations in US jurisdictions, the group also formed a US-facing operating subsidiary, Elys Gameboard Technologies, in June.

The Gaming Laboratories International event wagering system certification standard GLI-33, covering the Elys betting system and retail point of sale terminals, was obtained by the Elys betting platform in September.

In August, Newgioco announced an 18.5 percent decrease in sales year-on-year for the first half of 2020, while reduced operating costs saw the company halve its net loss for the time.

Turnover dropped 11.1 percent to $210 m for the 6 months to 30 June, with a 4 percent increase in online turnover negated by a 54.4 percent fall in land-based contribution.

The gross gaming income of Newgioco was down 14.6 percent at $17.6 m after payouts of $192.5 m. Revenue for the first half came to $15.0 m after taxes.