The government of France has withdrawn the ‘proposed amendments’ to the 2025 Budget to legislate and launch an online casino market. The decision was announced on Sunday by Budget Minister Laurent Saint-Martin, who stated that further consultations were needed to avoid the negative impacts and job losses warned by regional stakeholders. “There was talk that the government would submit an …
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easyBet launched by Sir Stelios fund & Matchbook
This weekend, easyGroup the private investment fund of Sir Stelios Haji-Ioannou announced the launch of easyBet.net. Synonymous with low-cost airline easyJet ,the venture marks the entry of an easy® brand for sports betting audiences. The easy® sportsbook venture is powered by the peer-to-peer betting exchange of Matchbook, who will operate easyBet.net under the UK Gambling Commission licence (UKGC) of Triplebet Limited. …
Read More »Betinvest expands strategic partnership portfolio with iGameMedia
Betinvest has announced a new partnership with sports betting video platform iGameMedia. The deal will combine Betinvest’s esports and AI-driven offerings with iGameMedia’s global-scale low latency synchronised video solution, and will provide sports businesses with a wide array of exclusive content. Chris Cousin, Commercial Director of iGameMedia Ltd., stated: “We are delighted to partner with BetInvest to bring compelling Esports, …
Read More »Sportsbet.io and La Liga ‘go the extra mile’ with fan engagement
Sportsbet.io has revealed a partnership with La Liga in a bid to improve fan engagement. The operator will collaborate with the Spanish top-flight on new innovative experiences, exclusive offers, prizes and content designed to draw in football fans. Alex Haig, Director of Sportsbet.io, commented: “The launch of this partnership with La Liga underlines our commitment at Sportsbet.io to deliver the …
Read More »Better Collective enters streamline to overcome growth challenges
Better Collective A/S has announced that it will enter a ‘streamlining process’ to optimize its group performance following major acquisitions and changes in key market outlooks. The Stockholm-and-Copenhagen listed media group made this decision after leadership’s assessment of Q3 trading. Preliminary Q3 2024 results show Better Collective reporting unaudited revenues of €81m, combined with an EBITDA before special items of …
Read More »EveryMatrix and BetGoodwin agree ‘game-changing’ tech deal
EveryMatrix has announced a deal with BetGoodwin to power its UK business with the provider’s turnkey technology. The partnership will see BetGoodwin access an end-to-end suite of advanced OddsMatrix digital sports betting software solutions including coverage from over 100,000 live monthly matches. This aims to empower Odds Management control tools and a suite of player-focused front-end features, such as an …
Read More »Cherry AB eyes sale options for ComeOn
Cherry AB is planning to sell its online gambling subsidiary, ComeOn Gaming, as part of a broader reorganisation of its gambling business. As reported by Reuters, the Swedish heritage gambling group has appointed Moelis and Jefferies to explore sale options for ComeOn. According to sources, Cherry AB seeks to sell ComeOn for €500 million, nearly doubling its return on the …
Read More »Kindred tightens cost controls ahead of Stockholm delist
Kindred Group Plc remains on target to achieve its full-year corporate and financial objectives, despite undertaking necessary changes to proceed with its takeover by Française des Jeux (FDJ). Publishing its Q3 accounts, leadership underlines that “Kindred is on the right trajectory to achieve its £250m underlying EBITDA target for the full year 2024 trading.” Period trading saw Kindred generate corporate …
Read More »Labour highlights football’s ‘fundamental governance problems’ in Parliament
Labour has launched a football governance regulation in parliament – bringing a conservative bill back to light. Aiming to address ‘significant issues’ around elite men’s football’s financial stability, the Bill has resurfaced in the House of Lords by the Department of Culture, Media and Sport (DCMS). Like its Conservative predecessor, Labour has highlighted what it believes are ‘fundamental governance problems’ …
Read More »Racing could become the ‘multimedia storyteller of the future’ say industry experts
The horseracing industry is in the middle of a “crisis”. Although interest in the sport has risen 25% since 2019, this is significantly lower in comparison to the online sports betting market it has strong links with – and which has doubled in the same period. At the SBC Summit in Lisbon, five betting industry experts sat down to discuss …
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