eGaming Review May 2014 - 120 | Page 8

NEWS / THE BRIEFING / Q & A CEO SVEN IVO BRINCK You’ve taken the reins after a difficult year for mybet, so what are your main priorities for 2014 and beyond? Firstly, we must ensure we do some cost cutting. We’ve already achieved roughly €1m of cost savings from different areas. We have started to professionalise the organisation and will continue to do this, especially in terms of the organisation and controlling of projects. There are some weaknesses that sum up to a relevant amount of money which could be saved over the year. There are costs of creation of products, mainly associated with distribution costs for the franchise operations and for the sales infrastructure we operate on our own. Mybet has suffered in the past because the product environment wasn’t 100% stable and we’ve had technical issues. Therefore, we are trying to improve availability and stability to reach a level of 99.99%. A Q A And what about your international strategy? Online, we have to shape our internationalisation strategy in terms of which countries we will tap into over the next few months and what the new customer development could look like in these countries. Q Mybet’s lottery business has struggled, particularly in Spain. Why do you think that might be? I think there are a lot of reasons for that. The Spanish market is very weak at the moment. Other lottery operators haven’t had success in Spain, and the market is so sceptical towards buying something on the internet first, and the economic situation is so threatening and negative that I don’t think it’s clear when this will change. On top of all that, the regulator isn’t predictable. Therefore, I’m really sceptical towards its future. A 8 ARJEL has promoted Gilles Crespin to the role of chief MYBET Q ARJEL APPOINTS NEW CHIEF EXECUTIVE Q You are currently considering several options for the Italy-facing business. Why do you think you have struggled in Italy? Internally, we’ve had to refocus what we would like to offer in Italy. The market in general isn’t developing as most operators predicted two or three years ago. Our team really did everything they could, and were working extremely hard but until now they haven’t been able to achieve our plans. A executive following the retirement of incumbent Frédéric Epaulard as the French regulator continues its restructuring process. Crespin is to move up from his current role of assistant general manager, a role he has held since September 2011, and will report into ARJEL’s new president Charles Coppolani, who took control of the regulator in February. Coppolani’s appointment came after the resignation of predecessor Jean-François Vilotte, who left at the start of the year following four years with the body. Q A What’s the status quo on German regulation? We sent over our documentation for the licensing process to the Hesse, and we are part of the licensing process in Germany. Personally I am not sure if licences are to be granted this year. At a business talk all of our competitors agreed that most aren’t expecting licences this year. Most of the other sportsbook firms doubt if the process will end anyway, because they think there are so many risks and questions implicated in the process that it’s more likely the politicians will stop the process and restart it completely after one year of thinking about it. Q Several senior management figures left in a relativ