The founder of BetXS has stated unstaffed betting shops could make the sector “much more viable,” after launching three fully-automated units in Rathcoole, Kilbeggan and Ballivor.
Colm Finlay stated the new venues pay significantly fewer fixed management costs than traditional shops, instead using “efficient and reliable technology” to serve customers.
“With BetXS operating between 35 to 40 percent of the cost basis, with further decreases to those levels when we have a proper revenue- share/turnover-based arrangement in place with the rights holders, those costs will drop even further,” Finlay told SBC News.
“What will then happen is that these remote communities can get their betting shops back. From a horse racing perspective, that’s great news.”
The three Irish venues use a mix of CCTV, automated shutters and lighting to allow bettors into premises, with customers placing bets exclusively through SSBTs, which incorporate high-resolution biometric cameras to limit underage gambling.
“The broadband carries the content from whatever race track or football ground and brings it into these remote locations,” added Finlay.
“Having no carriage of goods is great and it makes betting shops much more suited to automation – it makes betting shops much more viable.”