International sports entertainment and apparel company Fanatics has made a major hire in its betting and gaming division, appointing Hank Couture as Chief Operating Officer (COO). Couture will report directly to Fanatics Betting and Gaming (FBG) CEO Matt King as part of the betting brand’s executive team, assisting with strategy development for a planned nationwide US launch in ‘mid-2023’. A …
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Stateside prospects trump Europe for XLMedia after achieving 2022 revenue targets
Momentum in the US last year provided XLMedia (XLM) a ‘solid start’ to 2023, the company has asserted to its AIM investors, having achieved broad growth amid a business-wide restructuring. The London-headquartered betting and gaming publisher reported that, having launched operations in 19 US states, revenue from ‘continuing operations’ has risen 24% to $71.8m ($57.8m) in 2022. However, XLM was …
Read More »Entain strikes Unikrn branding deal for enhanced visibility ahead of Brazil regulation
Unikrn, Entain’s esports betting platform recently relaunched for the Brazilian and Canadian markets, has partnered with the BLAST Premier in a new sponsorship tie-up. Promoting Unikrn via the Counter Strike: Global Offensive (CS:GO) tournament organiser’s channels, the agreement will see the firm’s logo and branding incorporated across event coverage and promotions. This will include fan-led activations, social giveaways and broadcast …
Read More »Irish Labour Party doubles down on betting ad ban
The Irish Labour Party has reiterated its call for national policymakers to curb betting advertisements, as Ireland moves into a new regulatory era for gambling. Senator Mark Wall, the Labour Party’s sports spokesperson, asserted that there is strong public support for the government to ‘be more ambitious’ in its regulation of Irish betting. New regulation, same concerns Irish gambling is …
Read More »Upgaming and Lambda targeting industry wide impact in new deal
Customised igaming solutions provider Upgaming has partnered with game developer Lambda Gaming, detailing a joint commitment to growth and innovation across all core businesses segments. Targeting an enhanced presence for both firms in the igaming industry, Upgaming will incorporate Lambda’s gaming content into its own aggregation system, making the latter’s games accessible on over 120 platforms. Looking ahead, the partners …
Read More »B2B firms highlight ‘significant growth opportunities’ in Swedish sector
The expansion of the Swedish B2B supplier pool has been praised by EveryMatrix, one of the latest companies to secure a five-year licence in the country. A new framework for B2B sportsbook and igaming providers will come into force in Sweden on 1 July, and the Spelinkspection gambling authority is currently processing over 60 applications from 1 March onwards. EveryMatrix …
Read More »Star Sports faces customer challenge over duty-of-care failings
A Star Sports customer from West London has taken the independent bookmaker to court, accusing the firm of allowing him to wager and lose hundreds of thousands despite knowing he had a gambling problem. Scott O’Brien case in the Central London County Court is currently in its second day out of four, with the second hearing having started this morning, …
Read More »888 distances itself from legacy William Hill failures
888 Holdings has stressed that all compliance failures cited by the UK Gambling Commission (UKGC) in its £19.2m enforcement action against William Hill have been addressed. The LSE gaming group issued a statement this afternoon outlining that it had moved to improve and address William Hill’s shortcomings on social responsibility and anti-money laundering after finalising its £2bn acquisition of the …
Read More »William Hill Group sets new record with £19.2m penalty
The UK Gambling Commission (UKGC) has issued a record £19.2m regulatory penalty against William Hill Group’s three core businesses. WHG (International) Limited, which operates the William Hill Online business, will pay the largest settlement at £12.5m, followed by online casino Mr Green with a £3.7m charge and retail operator William Hill Organisation Limited with a £3m settlement. As with many …
Read More »Entain named TAB NZ preferred partner in boost to Oceania operations
TAB New Zealand (TAB NZ), the state-run agency with responsibility for overseeing regulated betting in New Zealand, has chosen Entain as its preferred partner. The partnership between TAB NZ and the FTSE100 gambling group is still subject to Ministerial approval – which the duo are working together to secure – and will run for 25 years should this be received. …
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