888 Holdings has announced a new tactic in its debt redt reduction strategy by using its 888 Acquisitions Limited subsidiary. The international gambling group intends to market €200m in senior secured notes, consisting of Senior Secured Fixed Rate Notes due 2027 and euro-denominated Senior Secured Floating Rate Notes due 2028. Functioning as an offering exempt from the registration requirements of …

Ireland’s Gambling Regulation Bill has been welcomed by the European Gaming and Betting Association (EGBA) as a ‘significant milestone’. The Bill was approved last month by the Irish cabinet, which is led by a tri-party coalition, having been drafted by Minister of State for Justice James Browne. Praising the legislation, EGBA has stated that the Bill will modernise Ireland’s gambling …

STS Gaming Group has initiated a lawsuit against Kindred Group’s Unibet sportsbook subsidiary, accusing the firm of violating Polish law and targeting consumers in the country. Recognised as Poland’s largest bookmaker, STS has charged Unibet with illegally conducting business via operational and marketing activities without a nationally approved licence. Allegations against Unibet include ‘many years of illegal activity’ such as …

Sportradar has bolstered its standing in the US betting space, gaining a suppliers licence in the state of Ohio. The Ohio Casino Control Commission (OCCC) licence, granted to the firm’s Sportradar Solutions subsidiary, will make Sportradar one of the earliest movers in the Ohio market. A Swiss-founded international sportstech and data company, Sportradar – like many other B2B firms with …

Australian betting and media operator Tabcorp Holdings has moved to diversify its funding sources through the pricing of a $289m issue of long-term debts. Issued to its investors in the US private placement market, the notes are scheduled to settle in March 2023, subject to customary conditions, and comprising two tranches denominated in US$. The notes have a weighted average …

Entain’s esports betting platform unikrn has been relaunched one year after purchase, securing market entry in Brazil and Canada. Going live in South America’s largest country and all Canadian provinces except Ontario, the esportsbook plans to embark on expansion in additional regulated markets throughout 2023.  The brand will offer its flagship esports betting markets, as well as traditional sports wagering …

The existing and emerging markets of North and South America, with sports-following populations in rapidly growing economies, are gaining a lot of interest both domestically and globally. Opportunities and challenges in these countries were the major talking points at SIGMA earlier this month, as a panel of Latin America specialists discussed market conditions and how they can be met.  As …

Multimedia betting, gaming and content production company FL Entertainment has reported a strong performance across the board in Q3, despite the liquidation of its bet-at-home brand, with trading bolstered by the Betclic sportsbook and Banijay content division. Updating its Amsterdam Euronext investors on third quarter and year-to-date trading performance, the Paris-based multinational company reported group-wide revenue of €2.7bn from January-September, improving 15% …

Gaming Innovation Group’s (GiG) Sportnco sportsbook unit has signed its latest commercial partner, Spanish group Starcasino Group. Marking GiG’s 14th partnership in the Spanish igaming market, the three-year deal will support Starcasino’s entry into the space, where it will operate both sportsbook and casino products.  GiG’s role in the company’s launch will focus on leveraging its existing standing in Spain, …

Major leadership changes are underway at B2C and B2G igaming firm Glitnor Group, as CEO David Flynn confirms his departure from the position. Flynn will continue to work as part of Glitnor’s board, asserting that he can better serve and support the group’s commercial ambitions in other avenues. Moving over to his as of yet unconfirmed Board position in the …