Entain has agreed terms to its latest M&A agreement, purchasing Tidal Holdings’ Sportsflare subsidiary, an esports betting development company. A CSE-listed enterprise, Tidal will sell all issued and outstanding shares in Sportsflare – the operating name of its Tidal Gaming NZ holding – to Entain for a total consideration of $13.25m. However, the duo have asserted that the transaction has …

Paddy Power has extended its title sponsorship of ‘Good Morning Racing’, the live and daily festival preview show of Spotlight Sports Group’s (SSG) Racing Post. The Flutter Entertainment bookmaker will sponsor a total of 15 shows, including every day of this week’s Cheltenham Festival – starting today and finishing on Friday – as well as the Grand National next month, …

Ukrainian President Volodymyr Zelensky has signed an executive decree ordering various betting businesses active in Ukraine to cease operations in the country. The decree was signed on Friday 10 March and implemented the decision of the National Security and Defense Council of Ukraine (NSDC), introducing ‘personal special economic and other restrictive measures (sanctions)’. According to Ukrainian media, 287 betting companies …

Supercharged betting operator kwiff has expanded its agreement with Xtremepush, focused around omnichannel CRM capabilities. The extension of the duo’s collaboration, which began with a preliminary deal back in September 2022, will cover two key focus areas of kwiff’s CRM capabilities.  Firstly, the firm will gain access to Xtremepush’s Omnichannel Customer Engagement and CDP platform, with a ‘deep integration’ conducted …

Hillside New Media Malta (Hillside), bet365’s Malta-based operating company, has been fined €400,000 by the Dutch Gaming Authority, Kansspelautoriteit (KSA). The company has found itself to be the latest target of the KSA’s enforcement campaign against betting operators that have violated tightened Dutch laws around advertising. According to the regulator, Hillside ‘directed advertisements and bonuses’ to young adults, meaning those …

The Betting and Gaming Council (BGC) has reiterated its warning about the potential impacts of affordability checks on consumers, and the potential impact this could have on the regulated market. Citing a new study from YouGov, the trade association pointed out that 79% of surveyed bettors said that increased restrictions ‘would likely’ push customers towards unlicensed ‘black market’ sites. A …

With the Cheltenham Festival only a few days away, the UK Tote Group has taken steps to make its offering ‘more competitive than ever’, in the words of CEO Alex Frost. In the run up to the highly anticipated racing event, the pool betting operator has launched a new video marketing campaign featuring company brand ambassador Danny Mullins. The National …

Genius Sports has reported a strong close to year-end trading, with revenue up across all three of its core trading segments, as 2022 financial results exceed previous expectations. The NYSE-listed sportstech and data group saw its full year 2022 revenues rise 30% from $262.7m to $341m, whilst Q4 income increased 25.4% to $105.3m (2021: $84m). This enabled the firm to further …

A staple of the British high-street, Betfred is one of the country’s most recognisable betting brands with a reputation built upon its retail offering and sponsorship activities, and the company is now embarking on its ambitious global growth plans. Following the long-awaited launch of its Las Vegas sportsbook this month, Betfred USA Sports Chief Operating Officer Bryan Bennett spoke with …

Stefan Sulzbacher, Speaker of the Board of multinational European betting operator Interwetten Group, has vacated his position.  Updating the industry in a LinkedIn post, Sulzbacher used a motor racing analogy, explaining that he had been ‘ordered to the pits by the race control’ after ‘thirty months of high-speed racing’. However, he asserted that after a two year and seven month …