Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …

Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …

Genius Sports Inc celebrates its eighth consecutive quarter of growth, as its yearly revenue and earnings results surpass market expectations. In its full-year 2023 report released today, Genius Sports announces corporate revenues of $412m, marking a 21% increase from FY2022’s comparative results of $341m. The growth in headline revenues exceeds the NYSE betting technology, media, and data group’s expected revenue …

 Serviço de Regulação e Inspeção de Jogos (SRIJ), The Gambling Authority of Portugal has reported that online self-exclusion registrants reached 215,000 in the fourth quarter of 2023. The agency noted that while online gaming gross revenue improved year-over-year by over 16 per cent, land-based gaming revenue dropped by almost four per cent. Publishing data for Q4, the SRIJ declared a 16.4 per …

Brazil founded EstrelaBet serves as the Gold Sponsor of the inaugural SBC Summit Rio (5-to-7 March 2024), the biggest dedicated igaming show to be hosted in Brazil. Attending the Summit Rio,  Fellipe Fraga, Chief Business Officer (CBO) details how EstrelaBet will leverage localised knowledge and brand visibility to capitalise on opening proceedings of Brazil Bets market, emphasising EstrelaBet’s optimal understanding …

888 Holdings has notified investors that it has begun a strategic review of its US B2C operations, considering all available options for its US joint-venture with the Authentic Brands Group. This morning, 888 notified that US partner Authentic Brands Group the apparel and entertainment fund that owns Sports Illustrated has “agreed to consensual license termination for US territories”. The decision allows …

The board of Catena Media Plc has confirmed the appointment of Manuel ‘Manu’ Stan as CEO of the Stockholm-listed affiliate media publisher. Investors were informed that “Manuel will lead Catena Media’s North American and global market operations from Las Vegas, where he is based. He will assume his position on July 1, 2024.” The appointment sees Stan succeed Michael Daly, …

Kansspelcommissie, the Gambling Authority of Belgium, has confirmed that it will apply new gambling protection measures from 1 September 2024, raising the minimum age for gambling to 21 years.  The decision follows January’s approval of new player protection amendments to be added to the Belgian Gambling Act of 1999.  The mandate was approved by the Chamber of Representatives, which endorsed …

The British Horseracing Authority (BHA) has informed that Rod Street has chosen to step down as CEO of Great British Racing Limited (GBR). Street will depart GBR at the end of April, concluding his 12-year tenure leading the promotional and marketing duties of British racing. GBR Limited is the sport’s marketing and promotional body and is a 50/50 joint commercial …

Glücksspielbehörde (GGL), the Federal Gambling Authority of Germany, has initiated its legal review of loot boxes and in-game video purchases. In its evaluation, GGL stated its support for the current initiatives aimed at effectively regulating loot boxes to protect children and youth in Germany. The specifics of loot box reward mechanisms and related activities like skin betting are under scrutiny …