Europe

Fitzdares ups The Racing App coverage with US content

SBC News Fitzdares ups The Racing App coverage with US content

Fitzdares has bolstered the content and data of The Racing App to cover North American horseracing events and fixtures. The Racing App has been launched in November 2023 by premium sportsbook Fitzdares and app-developer Quantum Leap Solutions to provide racing punters with an all-in-one platform for data, insights, and content on UK and Ireland racing fixtures. The Racing App is …

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“No bet builder? You’re going to struggle” – the future of a game changing product

SBC News “No bet builder? You’re going to struggle” - the future of a game changing product

Bet builders have proven one of the most influential products in the digital age of sports betting. At this week’s SBC Sportsbook Tech day, a specialist panel examined where the product will go from here. Delving into the general share of bet builder bets among all bets, as well as how bet builder bets share can change in the future, …

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Svenska Spel deepens focus on IT with two new management promotions 

Svenska Spel

Swedish state-owned gambling operator Svenska Spel has introduced a strategic restructuring to its management team. The company announced that current IT Director Mikael Franzén will become the lead of the newly-formed business department Gaming Responsibility & Data-Driven Transformation. His old role will be given to Lovisa Ekman, who transitions from Head of Corporate IT. The changes are expected to come …

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GambleAware highlights debt management importance for Debt Awareness Week

SBC News GambleAware highlights debt management importance for Debt Awareness Week

In time for debt awareness week, GambleAware has put out a statement emphasising the wide availability of free debt advice services and the need to lift the stigma barrier suggesting that such services affect credit score.  Collaborating with StepChange Debt Charity, which is running this year’s Debt Awareness Week from 18-24 March, GambleAware’s Money Guidance Service Manager Kathy Wade addressed …

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Spelinspektionen evaluates potential increase of authority access to account information

Sweden

As part of a new government mandate, Sweden’s gambling authority Spelinspektionen  has been given the task to analyse in detail the risks of gambling accounts being used for money laundering and other criminal practices.  Following the review, the Gambling Inspectorate will then draft proposals based on the country’s socio-economic landscape if there is a need to further strengthen Sweden’s regulatory …

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Virgin Bet named headline sponsor of Musselburgh Easter Raceday

SBC News Virgin Bet named headline sponsor of Musselburgh Easter Raceday

Virgin Bet has been announced as the headline sponsor for the Easter Saturday Raceday at Musselburgh Racecourse. The upcoming event – taking place 30 March – will include the £100,000 Queen’s Cup as well as the Scottish Sprint Cup – the country’s fastest race. Ric Leask, Marketing Director at Virgin Bet, highlighted: “We are thrilled to announce Virgin Bet as …

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888 clears UKGC Licence Review with no repercussions

SBC News 888 clears UKGC Licence Review with no repercussions

The board of 888 Holdings has informed markets that the UK Gambling Commission (UKGC) will take no further regulatory action against the LSE-listed gambling group. This morning, 888 issued a corporate update announcing that the Gambling Commission had completed its license review, initiated in July 2023 due to regulatory concerns raised on FS Gaming’s investment in the LSE firm. Investors …

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GiG drives innovations in Spain and Argentina with several new deals

SBC News GiG drives innovations in Spain and Argentina with several new deals

Gaming Innovation Group (GiG) has signed new deals for its new igaming platform CoreX and sportsbook SportX in Spain and Argentina. The igaming company’s first partnership announced is with Spanish land-based, online casino and sports betting operator Juegging, which will migrate onto GiG’s full-turnkey X-Suite.  Andrew Cochrane, Chief Business Officer at GiG, said: “These signings underscore the demand for our …

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Penta reportedly eyeing sale of Fortuna Entertainment

SBC News Penta reportedly eyeing sale of Fortuna Entertainment

Penta Investments is reported to be weighing up a ‘possible sale’ of its gambling asset, Fortuna Entertainment Group (FEG). As reported by Reuters, the Central and Eastern European private equity fund is open to offers to acquire Fortuna Entertainment, recognised as the biggest betting firm of the Czech Republic and Slovakia. The private equity fund of Czech moguls Jaroslav Hascak …

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Gambling.com clears 2023 high bar ahead of media expansion

SBC News Gambling.com clears 2023 high bar ahead of media expansion

Gambling.com Group has demonstrated its “capital-efficient business”, achieving all commercial and operating objectives for 2023. Publishing its full-year 2023 accounts this afternoon, the Nasdaq media group confirmed its agreed $42.5m acquisition of FreeBets.com and related European and Canadian market assets from rival publisher XL Media Plc. Prior to the deal announcement, Gambling.com concluded FY2023 trading, achieving peak revenues of $108m, …

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