Fixed costs have strangled the betting-shop industry for decades
Orchadia AutoBet can end the decline, potentially making retail bookmakers profitable again
In order to thrive, the betting-shop industry must embrace automation.
Automation reduces costs and can buck the “end of retail” trend
Betting-shops are a retail sector perfectly suited to automation
Automate to win
Automation – done right – can revitalise
the betting-shop industry. This could allow thousands more betting-shops to operate than are possible now.
Self-service betting-shops can be much more profitable than traditional, manned locations. Proof-of-concept locations run by BetXS in Ireland have monthly running costs averaging €7,500 – €8,000.
Age verification – solved
Problem gambling – solved
Staff error – solved
Anti money laundering – solved
Unlike online betting sites, Orchadia AutoBet allows instant payment of winnings without
• delays that plague online gambling
• bottlenecks due to third party payment processors
• reporting to credit agencies or financial institutions
AUTOMATE THE ENVIRONMENT
As well as reducing paper wastage, a surprising benefit of automation is much lower electricity usage.
Automated betting-shops can be supported by small teams of mobile engineers or technical staff.
Automation now offers a previously unthinkable possibility: opening betting-shops remotely.