Catena Media Plc has initiated an extensive internal investment programme to advance its tech platform and AI capabilities, as investors are warned that challenging trading conditions will continue until the second half of 2024. The Stockholm-listed igaming media group published its full-year 2023 results, reporting a dire close to year trading, registering Q4 revenues of €14.5m, a decrease of 41% …
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Kindred’s responsible gambling initiative has picked up pace once more thanks to its collaboration with Sweden’s ATG and Svenska Spel. The three operators, with the latter two being state-backed companies, started working together back in 2022 with the common goal of addressing the issue of problematic gambling behaviours in the Swedish market. Since then, the trio have been releasing joint …
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Betfair Exchange has released data on Joe Biden’s chances of re-election as US President – with the odds dramatically plummeting after an official report found the 81-year-old has a ‘hazy memory’. Biden’s odds have drifted out to 14/5 from 2/1, the operator revealed, with the President insisting ‘I know what the hell I’m doing’ and ‘my memory is fine’ in …
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Niklas Lindahl has announced that he has ended his tenure as Global Chief Marketing Officer (Global CMO) of LeoVegas AB. The announcement was made via a LinkedIn post, in which Lindahl thanked LeoVegas colleagues for “the most amazing 5 years in my career. It has been a great ride. I will miss you all. LeoVegas is a one-of-a-kind company. Having …
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A mandate has been filed to ban all gambling advertising in the Netherlands, as the Kamer prepares to vote on imposing further safer gambling amendments to the Remote Gambling Act (KOA Act) this week. Calls for a sweeping change to the laws of Dutch gambling advertising have been led by Derk Boswijk of the Christian Democratic Appeal (CDA) party. Once …
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In the first part of his series on sports betting, Olivier Kaplan narrated the evolution of the product from 1X2 grids to early fixed-odds betting offers. In Part-2 of his analysis, Olivier explains how operators have been able to expand their offerings by putting in place the tools and user experience (UX) that enable players to make full use of …
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betFIRST has partnered with Middelkerke Casino to launch a new online casino in Belgium. The Betsson-owned sportsbook became the first to obtain an online sports betting licence in Belgium back in 2011, and now aims to become the leading operator in the country with its recently secured A+ casino licence. Betsson Operations CEO, Jesper Svenssen, stated: “We acquired a market …
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Flutter UKI has launched a search for a ‘high potential’ startup to help serve its female customer base across the UK and Ireland. Part of the Alpha Hub programme, Flutter’s endeavour will see its flagship brands Sky Betting and Gaming, Paddy Power, and Betfair try to capitalise on recent data suggesting that female players are a promising demographic for long-term …
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DAZN has announced that the International Basketball Federation (FIBA) is bringing its live streaming service, Courtside 1891, to the platform. Increasing the visibility of FIBA World Cup and Qualifier games, DAZN will partner with FIBA and Two Circles to bring Courtside 1891 as a standalone offering on its platform. In addition to FIBA World Cup and Qualifier games being accessible …
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In a new shareholder update, Better Collective revealed that it has surpassed its financial target by reaching full year revenues of €327m and EBITDA of €111m. These numbers represent an year-over-year growth of 21% and 31% respectively. Initial full-year revenue targets were set between €315m and €325m. Approximate full-year EBITDA fell in line with the targeted €105m to €115m. The …
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