Europe

Evoke hits EBITDA target as 2024 lands “ahead of expectations”

SBC News Evoke hits EBITDA target as 2024 lands "ahead of expectations"

Evoke Plc has benefited from strong year-end trading, as the LSE gambling group expects its full-year EBITDA to be at the top end of the guidance range of £300m-to-£310m, a result deemed by leadership as “ahead of expectations“. A post-close trading update for Q4 noted that Evoke had generated approximately 12-13% revenue growth on year-on-year comparatives. The group’s improved performance …

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Genius Sports reaffirms 2024 guidance and cashflow positive NYSE status

SBC News Genius Sports reaffirms 2024 guidance and cashflow positive NYSE status

Genius Sports has reaffirmed its 2024 full-year guidance, achieving its IPO objective of generating positive cash flow on the NYSE. The company expects revenues of $511m and an adjusted EBITDA of $86m, exceeding its earlier Q1 guidance of $480m in revenues and $75m in adjusted EBITDA. Genius Sports has strengthened its position in the US market by renewing contracts with …

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Kambi scores two sportsbook partnerships

SBC News Kambi scores two sportsbook partnerships

Kambi has partnered with STATSCORE to integrate its sports data products to enhance its sportsbook offerings. The sports betting technology and services provider will now access LivematchPro, which offers real-time, dynamic sports visualizations and live match tracking with precise data. Meanwhile, PrematchPro will mean the company gains a comprehensive pre-match solution delivering essential data like head-to-head comparisons, league standings, and …

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Stake hires Fabio Bufalini to lead Italy launch-&-vision

SBC News Stake hires Fabio Bufalini to lead Italy launch-&-vision

Stake has announced the appointment of Fabio Angeli Bufalini as Country Director of Italy, continuing the next-generation gambling group’s expansion within regulated European markets. Bufalini will oversee Stake’s entry into the Italian online gambling market, which follows the acquisition of the heritage sportsbook IdealBet by parent group EasyGo in the summer of 2024. Following the acquisition of IdealBet, EasyGo issued …

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New PM Bayrou faces French divisions before gambling agenda

SBC News New PM Bayrou faces French divisions before gambling agenda

Industry tax hikes and iCasino regulations are still on France’s agenda but take a back seat for now, as new PM François Bayrou must navigate persisting conflicts and political divisions that have sunk predecessors.   Excessive debt has been the leitmotif of French politics for the past few months and once again it dominated new Prime Minister François Bayrou’s general policy …

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Market In Review, Part Two: Bulgaria In Brief with Rumen Spetsov

Bulgaria

This is the continuation and part two of the interview with Roumen Spetsov, Director General of the Bulgarian National Revenue Agency (NRA), where we look at the country’s potential to fend off the black market, foster international collaboration, and be a trend setter in the new year.  You are continuously strengthening control over the black market operating in the country. …

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Kindred responds to Unibet Dutch sabotage allegations

SBC News Kindred responds to Unibet Dutch sabotage allegations

Kindred Group has responded to allegations by Dutch lawyer Benzi Loonstein that its Unibet brand has “deliberately sabotaged” customers from accessing account data stored on its platform. The allegations form part of a legal challenge by law firm Loonstein Advocaten, representing customers seeking compensation from Unibet for historical losses. In August 2024, the District Court of The Hague ruled that …

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PIN-UP takes up arms against fraud with new safety platform

SBC News PIN-UP takes up arms against fraud with new safety platform

PIN-UP’s Chief Analytics Officer, Volodymyr Todurov, has been put in charge of a new project which he will present at ICE Barcelona.  Taking on the role of a project CEO, Todurov and his team will attend the event to showcase their brand new anti-fraud platform Frogo, which is designed to raise the risk management efficiency for online businesses.  The platform …

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GiG’s The Football Pools undergoes online revamp

GiG

Gaming Innovation Group (GiG) has upgraded the online presence of The Football Pools’ – powered by its X-Suite technology.  Marking a ‘significant step’ in the digital evolution of the brand, The Pools looks to ‘embrace the future of igaming’ having migrated onto GiG’s SportX sportsbook and CoreX igaming platform. Richard Carter, GiG CEO, commented: “Seeing The Football Pools, an absolutely …

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WPN hit with £1m fine over illegal Dutch offering

SBC News WPN hit with £1m fine over illegal Dutch offering

Kansspelautoriteit (KSA), the Netherlands’ gambling authority, has issued a €1.275m (£1m) fine to Winning Poker Network (WPN) for bypassing local licensing rules. According to the regulator, WPN owns several online domains through which it offers unlicensed gambling to Dutch consumers. A warning had been previously issued by the authority about the illicit activities, but the breaches persisted – hence the …

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