Ted Menmuir

Tabcorp enlists Mindway AI to improve customer intervention 

tabcorp

Tabcorp Holdings has announced a partnership with Mindway AI to enhance its responsible gambling capabilities using AI technology.  Through the collaboration, Tabcorp aims to improve its customer protection and assist with problem gambling at an earlier stage. Mindway AI, which has already implemented customer care software in 20 countries and has 6.5 million active users worldwide per month, will be …

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Codere reports on stable 2022 as focus turns to liquidity injection 

SBC News Codere reports on stable 2022 as focus turns to liquidity injection 

A restructured Grupo Codere has announced that it has “fully consolidated its corporate recovery,” as the group’s financial results match or outperform its 2019 post-COVID performance. In its full-year 2022 trading update, the Spanish multinational gambling group reported corporate revenues of €1.31bn, reflecting a 68% growth on FY2021 results of €791m and an exact like-for-like match on FY2019 revenue performance. …

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EveryMatrix tracks record breaking 2023 as Q1 EBITDA jumps by 100%

EveryMatrix

EveryMatrix cites that it has achieved its ‘highest growth in company history’ as all business segments deliver on record financial performance and profitability.  Publishing its Q1 trading report,  the B2B igaming technology group achieved a net revenue of €23.5m, representing a 69% 2022 comparatives and a subsequent 21% Quarter-on-Quarter increase – to mark EveryMatrix’s sixth consecutive quarter of headline revenue …

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GiG lauds high-flying Q1 to power 2023 targets 

Gaming Innovation Group (GiG)

Gaming Innovation Group (GiG) cites full confidence in achieving its 2023 financial and commercial objectives, as tech units achieve all-time-high results.     Publishing its Q1 2023 trading update, GiG announced ‘impressive group-wide results’ for Q1 2023, generating all-time high corporate revenues of €28.4m, a 49% year-on-year increase on 2021 results of €19m.   Peak revenue performance led the technology group to achieve …

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IBIA Q1 report urges greater integrity protection for Brazil

SBC News IBIA Q1 report urges greater integrity protection for Brazil

The International Betting Integrity Association (IBIA) has released its Q1 2023 Integrity Report, revealing 40 instances of suspicious betting activity identified by its membership, which represents nearly 50% of all commercial online betting worldwide and over $137 billion in sports betting turnover. The report highlighted the critical need for effective integrity solutions in Latin America, of importance for Brazil, and …

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Microgaming nets Fisk as new CEO to replace Andrew Clucas

SBC News Microgaming nets Fisk as new CEO to replace Andrew Clucas

Microgaming has confirmed the appointment of Stephen Fisk as its new Chief Executive Officer (CEO), effective immediately. Fisk will be taking over the role from Andrew Clucas, who will pursue new opportunities, having chosen to end his 15-year tenure as an executive of the online casino games and software supplier.  Fisk, who first joined Microgaming in October 2016 as Director …

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Genius Sports: Go local… Why you need regionalised trading to scale your sportsbook

SBC News Genius Sports: Go local... Why you need regionalised trading to scale your sportsbook

The unique intricacies of catering to local customers make international expansion no easy feat for betting operators. As such, Will Westcott, Head of Business Development at Genius Sports, underlines the importance of fostering a go-local approach on pricing and risk management to meet new market challenges, demands and variables. With new markets across Asia, Latin America and the U.S. on …

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Flutter clears Q1 high-bar on FanDuel growth and Sisal refresh 

Flutter Entertainment Peter Jackson

Flutter Entertainment Plc reports on a very positive opening to 2023 trading, as corporate governance prepares the FTSE100 gambling group for its dual listing in the US to be executed by Q4 2023.  Headline Q1 trading results saw Flutter’s enlarged global brand portfolio service over 12.3m average monthly players (AMPs), as group revenues stood at £2.4bn up 46% on corresponding …

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Televisa to split Mexican gambling and soccer assets into new business

Televisa to split Mexican gambling and soccer assets into new business

Grupo Televisa, Mexico’s largest media and entertainment conglomerate, has received approval to break-up its core business and create a new ‘gambling and soccer’ specific entity. Shareholders approved the decision at an Extraordinary Meeting held on 26 April to split up  Televisa’s gambling, lottery and soccer units into a new business which aims to be listed on the Mexican Stock Exchange …

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