Following a judgement in one of Sweden’s Administrative Courts, the country’s Gambling Authority, Spelinspektionen, has revoked its previous decision on the importance of negative equity.  The regulator had previously outlined a lack of negative equity as a condition when firms apply for a Swedish betting and gaming licence, but the Court ruling regarding Avento’s application has prompted the charge.  In …

MyRacehorse has appointed former Betfair horse racing principal Will De Nardo as its UK and Ireland Marketing Director and Global Gaming Lead. A US-founded enterprise, MyRacehorse is seeking to strengthen and expand its presence in the established horse racing markets of the UK and Ireland, and De Nardo will leverage his betting industry experience in pursuit of this goal. The …

Vahe Khalatyan has been named as the new CEO of PartnerMatrix, EveryMatrix’s igaming affiliate software provider, filling a three month-long open vacancy. EveryMatrix explained that Khalatyan was chosen for the leadership role due to being a ‘key asset and leader within the team’ over the past eight years, playing a ‘crucial role’ in the platform’s development and achievements. Khalatyan commented: …

Kambi has secured a further rollout of its sports betting solutions in the US market, signing an agreement with the del Lago Resort and Casino in New York state. The Sweden-founded firm will support Churchill Downs-owned del Lago’s retail sportsbook operation with its betting products and services under the multi-year deal. Targeting a stronger sports betting offering after one year …

Sportsbet is expanding the scope of its TikTok marketing campaign in Australia to broaden the gender diversity of its customer base, according to The Guardian. The Flutter Entertainment betting brand, headquartered in Melbourne, entered into an agreement with the Chinese-owned social media platform last year. Marking an exception to TikTok’s rules around gambling promotion, the bookmaker has been allowed to …

The growth of esports betting is undeniable, with more and more operators acquiring interest in the market. PandaScore’s Head of Sales, Oliver Niner, shares his predictions for what will shakeup the scene in 2023.  Big in 2023: Esports microbetting Getting into the swing of 2023, the betting industry watches with bated breath to see what esports product innovations will facilitate …

International betting operator SKS365 has extended its long-running agreement with Sportradar, centred around live streaming various global sports tournaments.  The agreement will deliver content to SKS’ Planetwin365 streaming service, covering competitions such as the Bundesliga, NBA, Champions League qualifiers, the Copa del Rey, Copa Libertadores and Italy’s Serie C. This will include 8,000 football fixtures, 20,000 live International Tennis Federation …

Intralot SA has made major changes to senior management of its international operations, transferring Nikolaos Nikolakopoulos to duties as CEO of its Intralot Inc US subsidiary.  The solutions developer, which produces B2B lottery, betting, gaming and digital services products, has moved Nikolakopoulos from his position as Deputy CEO of the wider group. Nikolakopoulos will assume leadership of the Atlanta-based subsidiary …

Inside the Pocket (ITP) has secured one of its largest clients to date, partnering with B2B solutions provider Playtech to expand its reach among operator clients. The aggregation platform hopes to roll out its free-to-play (F2P) and daily fantasy sports (DFS) product range to a ‘broader scope’ of companies via a localised, territory-by-territory approach. ITP asserts that its services can …

A cross-party group of Dutch MPs has questioned two Ministers with oversight on betting and gaming over the sector’s potential impact on young people.  Questions were submitted by Mirjam Bikker of the Christian Union, with co-initiations from Michel van Nispen of the Socialist Party, Kees van der Staaij of the Political Reformed Party and Songül Mutluer of the Labour Party. …