The board of Svenska Spel has been demanded to explain its reason for closing down the Casino Cosmopol venues in the cities of Gothenburg and Malmö. As announced on 25 January, Svenska Spel, Sweden’s state-owned gambling firm, will shut down Cosmopol venues in Gothenburg and Malmö as part of the firm’s ongoing reorganization of its land-based gaming units. The decision …

The UK Gambling Commission (UKGC) has published its latest datasets tracking  participation in UK gambling up to December 2023.  The Commission continues to gather data from the “biggest operators covering 80% of the online gambling market” – an initiative started in March 2020, monitoring gambling behaviours during the COVID-19 pandemic. As stated, “this release compares Quarter 3 (Q3) of financial …

Sweden’s Riksdag has been ordered to review a ‘memorandum for referral‘ proposing further tightening of gambling laws to protect against match-fixing. Authorized by the government, the memorandum has proposed amendments to Sweden’s Gambling Act of 2018 to allow “gambling licensees the right to process information on infringements related to or suspected of being involved in match-fixing.” The amendment requires the …

Niccolo Cassettari, Chief Business Development Officer at Logifuture, talks about the company’s multi-faceted approach to doing business and what it takes to be more than just a white label specialist.  SBC: Logifuture has earned a solid reputation as a white label specialist, but the company also markets a wide-range of B2B products. Can you share more information on its inception, …

Playtech Plc has secured a multi-year extension to its existing contract as the principal online casino platform supplier of Totalizator Sportowy SP, Poland’s state-owned gambling operator. The renewal follows an extensive review undertaken by Polish authorities which deemed Playtech as the optimal online casino solutions supplier for Totalizator Sportowy to maintain its state-sanctioned gambling services. Totalizator Sportowy was established in …

Sportradar has reported that its automated odds recalculation tool, Alpha Odds, delivered an average profit increase of 10% for clients in 2023, compared to the performance of its conventional odds product.  The tool, which allows operators to generate bespoke betting prices in line with their risk exposure and liabilities, was launched in 2022 and boasts a client roster of more …

Genius Sports claims that it has delivered the most accurate automated pricing tool for sportsbooks with the unveiling of its new ‘Edge‘ pricing solution. A key product launch for 2024, Genius Sports brands Edge as “a first-of-its-kind automated pricing tool that enables sportsbooks to maximize profits across unlimited sports events and bets concurrently.” Edge utilizes Genius Sports’ wider capabilities in …

Flutter Entertainment Plc will proceed with plans to make the New York Stock Exchange (NYSE) the primary location of its corporate shareholding. This morning, Flutter leadership rang the NYSE trading bell, beginning the firm’s dual-listing on the US exchange, as approved by investors. Flutter shares will be listed on the New York exchange under the ticker symbol FLUT, alongside the …

Racing TV has formed an exclusive syndicate with RaceShare to offer its subscribers “a chance to enjoy the thrills of racehorse ownership – with no additional costs.” RaceShare was founded in 2022 by former Racing Post executive Lucy Delaney and bloodstock experts, to make racehorse ownership more engaging and affordable with the general public via shared syndicates. Teaming up with …

NeoSurf has expanded its corporate leadership team by announcing the promotion of Sue Page as its Chief Executive Officer (CEO) of North America. Page is promoted from her role as Executive Vice President of North America, where she led the commercial deployment of NeoSurf’s prepaid solutions within US states regulating sports betting and iGaming services. Updating the media, NeoSurf cited …