Sportsbook

Super Group has revealed that it has started the year with increased revenue driven by strong tailwinds across Africa and Canada.  Diving into its Q1 earnings call, the NYSE-listed tech company reported a 12% increase in revenue to €379.3m from the €338.5m for the previous corresponding period.  In the call, Neal Menashe, CEO of Super Group, labelled the result as …

Genius Sports trades with confidence as a strong opening to 2024 sees the NYSE technology group generate peak demand for its betting and media services. In its Q1 trading update, Genius raised its full-year 2024 guidance to a combined revenue of $500 million and an adjusted EBITDA of $82 million, upgrading from its previous FY targets of $480 million and …

Online bookmaker Novibet has inked a new partnership with ID specialist FullCircl for the onboarding of the latter’s digital compliance tool W2.  Through the new deal, Novibet will aim to ensure full regulatory compliance across all of its active markets. W2 offers a combination of AML capabilities and a single API access point that will help safeguard the online betting …

Kindred Group is opening a new Tech Hub in Bengaluru, the capital of the state of Karnataka in India.  The hub will expand Kindred’s tech capabilities by tapping into a rich pool of talent to complement its operations teams across Europe and Australia.  Speaking to two of the key figures behind the development of the hub, Kindred shed some more …

Soft2Bet has become the newest member of the International Betting Integrity Association (IBIA) after activating its membership in Ontario. The organisation confirmed that the gaming platform provider had finalised its licensing in the Canadian province before expanding implementation to the brands it operates worldwide. IBIA CEO, Khalid Ali, commented: “Soft2Bet is a very welcome addition to IBIA, further strengthening our …

King Charles III and Queen Camilla have become the latest patrons of The Jockey Club.  Both Their Majesties follow the footstep of The late Queen Elizabeth II, who continued her patronship of The Jockey Club from 1954 until her death in September 2022.   The King has established himself as an avid fan of equestrian sports, having been an amateur jockey …

OlyBet has named Latvian national ice hockey player Elvis Merzļikins as a brand ambassador. The partnership will allow the operator to provide Latvian ice hockey fans ‘unique opportunities’ to experience the sport. Corey Plummer, CEO of OlyBet Group, commented: “We are delighted to partner with Elvis to thrill Latvian ice hockey fans.  “OlyBet has supported ice hockey in Latvia for …

GiG has revealed it has performed itss ‘13th successful quarter’ in the latest quarterly update from the company.  Petter Nylander, GiG Chairman of the Board, said that they are ‘proud’ of another all-time-high revenue,driven by organic and M&A developments across its media and sportsbook ventures.  Presented by Jonas Warrer, CEO Media and Group CEO, the reported revenue generated by GiG …

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 …

Swedish gambling will enter a transformative phase during H2 as the government launches its new cooperative framework to combat match-fixing across all levels of professional and amateur sports. Yesterday, Camilla Rosenberg, Director General of Spelinspektionen, Sweden’s Gambling Inspectorate, joined Minister of Financial Markets Niklas Wykman to inform stakeholders of upcoming duties. Approved by the Riksdag in 2023, Swedish gambling and …