Evoke Plc has benefited from strong year-end trading, as the LSE gambling group expects its full-year EBITDA to be at the top end of the guidance range of £300m-to-£310m, a result deemed by leadership as “ahead of expectations“. A post-close trading update for Q4 noted that Evoke had generated approximately 12-13% revenue growth on year-on-year comparatives. The group’s improved performance …

Genius Sports has reaffirmed its 2024 full-year guidance, achieving its IPO objective of generating positive cash flow on the NYSE. The company expects revenues of $511m and an adjusted EBITDA of $86m, exceeding its earlier Q1 guidance of $480m in revenues and $75m in adjusted EBITDA. Genius Sports has strengthened its position in the US market by renewing contracts with …

Stake has announced the appointment of Fabio Angeli Bufalini as Country Director of Italy, continuing the next-generation gambling group’s expansion within regulated European markets. Bufalini will oversee Stake’s entry into the Italian online gambling market, which follows the acquisition of the heritage sportsbook IdealBet by parent group EasyGo in the summer of 2024. Following the acquisition of IdealBet, EasyGo issued …

Tabcorp Holdings has confirmed the appointment of Michael Fitzsimons as Chief Wagering Officer, who will oversee the redevelopment of the ASX-listed gambling group’s products and properties for betting audiences. The appointment was described as a key hire by Gillon McLachlan, the new Chief Executive of Tabcorp, and part of the ‘evolving development’ of a new Executive Leadership Team. An expert …

Kindred Group has responded to allegations by Dutch lawyer Benzi Loonstein that its Unibet brand has “deliberately sabotaged” customers from accessing account data stored on its platform. The allegations form part of a legal challenge by law firm Loonstein Advocaten, representing customers seeking compensation from Unibet for historical losses. In August 2024, the District Court of The Hague ruled that …

Starting 1 February, Norsk Tipping, Norway’s state owned gambling monopoly will lower the maximum amount players aged 20-to-24 can lose on licensed games each month. The move is aimed at enhancing protections for young adults against gambling-related problems. In 2023, Norsk Tipping reduced the monthly loss limit for players aged 18 to 20 to NOK 2,000. Now, the company is …

Tax adjustments to specific gambling segments have been incorporated into Italy’s 2025 Budget Law, signed off by President Sergio Mattarella on 9 January. The provisions of the 2025 Budget Law have elicited both positive and negative reactions from Italian gambling stakeholders. The Budget confirmed the decision by the Ministry of Finance (MEF) to extend existing concessions for online gambling licences …

Betsson AB has expanded its C-level executive team by adding two-new leadership roles focused on strengthening the global operations of the Stockholm-listed online gambling group. The decision sees Betsson expand its executive team to five C-level members led by President and Group Chief Executive, Pontus Lindwall. Jesper Svensson has been appointed Chief Executive Officer of Operations (CEO of Operations), and …

Digitain has confirmed the promotion of Aida Vardanyan to the role of CEO of the gambling technology group’s Malta unit. Taking on the title of CEO of Malta, Vardanyan will oversee the management of full-scale operational hubs in Malta, supporting Digitain’s portfolio of global technology clients, key accounts, and partnerships. The promotion underscores Vardanyan’s proven talent, having joined Digitain in …

Svenska Spel has renewed the contract of F&B Happy as the lead brand-and-design agency for advertising campaigns promoting Sweden’s national lottery and state-owned gambling venues. The Stockholm-based advertising agency’s contract had been set to expire in 2025, as Svenska Spel initiated a public procurement process to review new offers. Following the completion of its review, Svenska Spel announced on 14 …