Playtech Plc has confirmed that it is in discussions with Flutter Entertainment Plc regarding the ‘potential sale’ of its Snaitech Italia business. The FTSE250 technology group issued a short statement in response to media speculation on the potential sale of its Italian business to the NYSE-listed gambling group Flutter. The statement confirmed that discussions are ongoing “regarding the potential sale …

Catena Media Plc reports progress in transitioning its business to a new operating model, prioritising US growth, media rankings, partnerships, and projects. The Stockholm-listed iGaming media group has published its interim H1 2024 accounts, providing the first insights into a new leadership team led by Manu Stan (CEO) and Michael Gerrow (CFO). H1 accounts show corporate revenues standing at €29m, …

Flutter Entertainment Plc celebrates ‘excellent Q2 trading’, as leadership raises its full-year fiscal guidance for its US business and the wider Group (excluding US) performance. Publishing its Q2 accounts, the NYSE-listed gambling group highlighted that it “outperformed all market consensus”, generating corporate revenues of $3.6bn, up 20% on 2023 comparatives of $3bn. Headline growth was underpinned by Flutter’s portfolio of …

Golden Matrix Group Inc (GMGI) lauds its new corporate profile, as the Nasdaq online gambling group boosts its portfolio and performance with the integration of Meridianbet assets. Q2 accounts saw GMGI achieve group consolidated revenues of $39.4 million, a 75% increase on Q2 2023 results of $22.6 million. Revenue results top GMGI market guidance, issued in Q2 following the completion …

Sportradar AG trades with confidence as leadership anticipates breaking the €1bn revenue mark for full-year trading, achieving a corporate milestone since its listing on the Global Nasdaq Exchange in 2021. The Nasdaq sports and betting technology group published its financial results for Q2 trading, registering a 29% year-over-year revenue growth from €216.4m to €278.4m, a difference of €62m. Adjusted EBITDA …

The launch of Italy’s new framework for online gambling concessions has entered its final legislative procedure under the supervision of the European Commission (EC). Recent proceedings saw the EC launch an open consultation on the technical rules of Italy’s new gambling licensing regime. As a member of the European Union (EU), Italy must notify the EC of any legislative projects …

Fitzdares has elevated its cricket profile by signing Stuart Broad as its brand ambassador of the premium bookmaker for UK markets. The partnership sees Fitzdares “breaking new ground in cricket betting as Broad, England’s second-highest all-time wicket-taker, will share his exclusive thoughts, insights, and opinions on all cricket developments, directly engaging with the Fitzdares audience. Fitzdares is building on its …

Bet3000 has reinitiated its retail business having been granted provisional protections against its licence suspension by Glücksspielbehörde (GGL), The Federal Gambling Authority of Germany. On 25 July, the licence of Bet3000 was temporarily removed from the GGL’s whitelist of sportsbook operators for online and retail betting services of the Fourth Interstate Gambling Market (GlüNeuRStv). The GGL stated that its enforcement …

La Liga has announced that Luckia will serve as the principal gaming and entertainment partner of Spain’s top professional football league. Luckia has secured a three-year international agreement, where it will actively promote itself as an international sponsor of La Liga in Spain and the South American market of Mexico. As part of the Galician gambling conglomerate Grupo EGASA, Luckia …

Pressure mounts on Australia PM Anthony Albanese to stick to his principles and apply a blanket ban on gambling advertising across all media disciplines. This weekend, the Alliance for Gambling Reform, a non-profit organisation combating gambling harms in Australia, published an open letter in response to reports that the Labor government will water down the measures of the Murphy Report. …