Featured News

News that the SBC Team choose to highlight

Kambi: Why deep data is the key ingredient to sports betting success

Simon Noy

Simon Noy, SVP Trading at Kambi, explores how harnessing deep network data is the key to unlocking greater returns for operators. The fundamentals of the relationship between bettor and bookmaker have been broadly settled since the advent of online and mobile sports betting. The introduction of in-game betting and cash out in the 2010s heralded the advent of ongoing interaction …

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Catena Q1 swamped by US declines ahead of new leadership makeover

SBC News Catena Q1 swamped by US declines ahead of new leadership makeover

Catena Media details continued struggles in its corporate recovery, as the media firm implements a ‘new operating model’ to secure improved organic growth in H2 trading. Updating investors, Catena summarised its Q1 financial performance as “another quarter of underperformance” opening its 2024 accounts. Headline results saw Catena register a 50% decline in corporate revenues from continued operations of €16m (Q1 …

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Flutter reorganises board duties as AGM accelerates NYSE migration

SBC News Flutter reorganises board duties as AGM accelerates NYSE migration

The board of Flutter Entertainment Plc has reorganised corporate governance roles and duties following the annual general meeting (AGM) of the joint-listed FTSE and NYSE gambling group. Votes cast at the AGM on 1 May saw all corporate directors re-elected under the leadership of John Bryant as Executive Chairman. As previously announced, the AGM saw Richard Flint, the former CEO …

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Christoffer Ødegården: Why Brits often prefer bank transfers despite clear downsides

Chrisotffer Odegarden

In an era marked by rapid technological advancements and a myriad of payment options, bank transfers remain a steadfast choice for many British players in the online gambling community. To delve into the reasons behind this phenomenon, SBC News caught up with Christoffer Ødegården, the Head of the Casino at Bojoko, an online gambling site comparison platform. With his decades of …

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Bulgaria proposes ad-ban, social tax and civic limits to gambling overhaul

SBC News Bulgaria proposes ad-ban, social tax and civic limits to gambling overhaul

At today’s emergency meeting held by the Budget and Finance Commission, attending MPs approved the latest amendments to Bulgaria’s Gambling Act.  The proposals, which recently passed first reading, underwent a second reading led by the Chairman of the Commission, Yordan Tsonev from the centrist DPS party, who is the co-author of the proposed text together with Temenuzhka Petkova from the …

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Spain’s Gambling Minister warns of tougher advertising restrictions

SBC News Spain's Gambling Minister warns of tougher advertising restrictions

Spain’s Ministry of Consumer Affairs will prioritise restoring gambling advertising restrictions as intended by the Royal Decree on Advertising. The plan was outlined by Pablo Bustinduy, Spain’s new Minister of Social Rights and Consumer Affairs, addressing media on the current framework of federal rules on gambling advertising. Confusion has arisen in the Spanish media, as this April the Supreme Court …

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Uzbekistan signs decree to launch new gambling regime in 2025

SBC News Uzbekistan signs decree to launch new gambling regime in 2025

The Republic of Uzbekistan has issued a decree to launch a new gambling regime in 2025, ending the 17-year prohibition of all forms of gambling in the Central Asian nation. Signed by President Shavkat Mirziyoyev, the government of Uzbekistan will adopt new measures to improve the “regulation of the organization, and conduct of lotteries and risk-based games.” From 1 January …

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UKGC to probe bet settlements…but where is the Ombudsman?

SBC News UKGC to probe bet settlements…but where is the Ombudsman?

The UK Gambling Commission (UKGC) will probe how football betting markets are settled, following concerns over wrong results being determined by bookmakers. The Commission confirmed to the BBC that it would “meet figures in the football betting industry over claims that wrong results are being recorded”. The probe follows consumer disputes concerning the use of inaccurate data used to settle …

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Betsson nets peak Q1 income as leadership targets ‘golden summer’  

Betsson AB CEO Pontus Lindwall

Betsson AB opens 2024 trading by achieving its ‘highest income generating quarter’, ahead of a busy summer of sports for its global brand portfolio across all geographies.  The Stockholm-listed online gambling group trades with confidence as Q1 revenues stand at a peak €248m – up 12% on 2023 comparatives of €221m.  Headline revenues reflect a record customer activity of its …

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