Sports data, insight and analysis provider Sportradar AG has confirmed that it has agreed to acquire ‘the shares and core businesses of European sports media rights and marketing specialist sportsman media holding GmbH. Sportsradar governance agreed to acquire sportsman media assets from founders Thomas Krohne and Karl Wieseneder, in a move the company stated would significantly “upgrade its audiovisual content offering”. …

Playtech expands its retail betting services announcing the deployment of its Neon player management system across all 55 of Grosvenor’s UK casinos. The deal follows the recent completion of a Neon roll out across all 43 Genting Casinos in the UK.  Once complete, Playtech Neon will service more than 90% of UK casinos with its management system. A full casino …

Issuing a Q1 2016 trading update (period ending 31 March), Ladbrokes Plc governance praised its ongoing strategic plan which it stated was garnering positive results and encouraging customer metrics. Ladbrokes detailed positive KPI metrics for both its retail and digital betting assets, despite suffering the “worst Cheltenham Festival in living memory”. The FTSE-listed operator under CEO Jim Mullen has implemented …

Canada appears to be split once more regarding its sports betting future, as the ruling Liberal Party has refused to support Bill C-122: ‘The Safe and Regulated Sports Betting Act’. Pro betting stakeholders, had begun the week eager for C-122 policies to be reviewed by Ottawa’s House of Commons on Tuesday. However, hopes of progress for C-122 were quickly dashed …

French online gambling operator Betclic Everest Group (Betclic) is set to close its online poker room Everest Poker according to reports. Under the management of Mangas Gaming Group, Betclic had acquired the stand-alone poker room for $100 million from former Everest Poker owners Giga Media in 2009. At the time of its acquisition, Betclic governance wanted to enter the fast growth …

Stanleybet governance has announced that it intends to challenge the decision by Italian gambling regulator, Agenzia delle Dogane e dei Monopoli to award its provisional lottery concession to IGT subsidiary Lottomatica. On Monday, a Lottomatica led four-party consortium had been announced as lotto provisional contract owners, following a bid of €770 million in upfront concession payments. The Italian regulator awarded …

Unfavourable currency fluctuations relating to Norwegian Krone (NOK) and Turkish Lira (TRY) exchange rates have impacted Betsson AB core metric performance for its Q1 2016 opening (period ending 31 March). Updating the market, the Stockholm-listed European sports betting operator detailed that group revenues had been impacted circa SEK 45 million (€5 million) due to unfavourable exchange rates during the period. …

California-based social and mobile gambling platform provider CashBet (www.cashbet.com) has confirmed the appointment of former Sony PlayStation North America President Steve Race to its board of directors. Race a thirty-year leadership executive across numerous sectors including gaming and finance, will advise CashBet management on corporate strategy and product development. As former President of PlayStation North America (1993 – 1995), Race …

Updating the market, Stockholm-listed NetEnt AB declared a strong opening performance to its 2016, with the games developer recording top-line growth on all core metrics. NetEnt would announce Q1 2016 revenues of SEK 345 million (£31 million) up 33% on 2015’s corresponding SEK 258 million. Detailing its revenue growth, NetEnt governance noted that 2016 had seen a substantial increase in …

Mark Locke CEO of Genius Sports details why technology aligned with stakeholder cooperation is the greatest asset in combatting match-fixing and sports corruption a subject matter which affects the industry’s  long-term growth, consumer appeal  and integrity.  The unprecedented growth in the popularity of sports betting around the world is due to different factors that include the rising popularity of OTT …