Europe

Carsten Koerl: Legacy systems hinder betting’s global opportunity

SBC News Carsten Koerl: Legacy systems hinder betting's global opportunity

Sportradar CEO Carsten Koerl has warned industry leadership to prepare for seismic changes across all components of betting’s value-chain, transforming how incumbents engage with global sports audiences. Day-2 of the SBC Barcelona Summit provided a dissect of the pioneer’s technology perspectives, fresh from guiding Sportradar through its $8 billion public listing on the US NASDAQ  Having achieved the feat of …

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Novibet unites with GBG to boost seamless player journey

SBC News Novibet unites with GBG to boost seamless player journey

Novibet has strengthened its digital identity capabilities through a new partnership with GBG.  The collaboration will seek to optimise the brand’s overall customer onboarding experience, for the UK market – as Novibet deploys GBG’s ID3Glbal technology to onboard players. Nikos Katsaros, Legal & Compliance Director, Novibet commented on the link: “We chose GBG based on their proven experience – successfully …

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Swedish Inspectorate sides with Finance Ministry on gambling advertising

virtual sports - 01.06.2020, Schleswig, the Swedish flag with the yellow Scandinavian cross on a blue background, illuminated by the sun against a blue sky and blowing in the wind. | usage worldwide

The Swedish Gambling Inspectorate, Spelinspektionen, has updated its response to the Swedish government’s consultation for amendments to the 2018 Gambling Act as part of the Gambling Market Inquiry. In its response, the Inspectorate has detailed that it is ‘generally positive’ about the Finance Ministry’s proposal to introduce a special moderation clause with regards to marketing games to consumers.  The proposed …

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Patrick Svensk steps down as Betsson Chairman after shareholder criticism

SBC News Patrick Svensk steps down as Betsson Chairman after shareholder criticism

Major shareholders at Betsson AB have stated that ‘they no longer have full confidence’ in Patrick Svensk, prompting the Chairman to resign from his position on the company’s Board. Svensk informed the company’s Nomination Committee that he would resign from the position he has held since 2017 with immediate effect, whilst the firm has disclosed that Board member Johan Lundberg …

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Liga Stavok secures regional NHL partnership

SBC News Liga Stavok secures regional NHL partnership

Liga Stavok has become an official betting partner of the National Hockey League (NHL), marking the first time the US ice hockey league has formed a regional betting agreement in Russia and the CIS region. As a result of the linkup, Liva Stavok will be able to take advantage of marketing on NHL digital assets, including the league’s official Russian …

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XL Media highlights European ambitions in H1 results as BlueClaw acquisition completed

SBC News XL Media highlights European ambitions in H1 results as BlueClaw acquisition completed

XLMedia (XLM) has detailed confidence in its 2021 growth strategy, as the firm reports a ‘solid performance’ across all verticals, and looks to further enhance its profile via its acquisition of BlueClawMedia to provide a base for EU expansion. Publishing its H1 training results, the company reported revenues of $32.2 million (H1 2020: $27.7 million), with a gross profit of …

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How Waterhouse VC is helping businesses ‘dominate their niche’

SBC News How Waterhouse VC is helping businesses ‘dominate their niche’

Our typical investment is “not well-understood” by most people, said Waterhouse VC Chief Investment Officer Tom Waterhouse, who outlined how his fund invests in businesses solving key problems for both the operator and the customer. He told SBC Americas why the fund is looking at high-growth opportunities in very specific areas, including companies within the emerging Metaverse space and those …

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Playtech sees 4% revenue fall but maintains confidence in B2B success

SBC News Playtech sees 4% revenue fall but maintains confidence in B2B success

Playtech Plc has highlighted a ‘very strong performance’ for its B2B verticals throughout the first half of 2021, achieving objectives across three continents, despite experiencing a 4% decline in revenue.  Informing stakeholders in its interim trading report and following on from its July update, the FTSE 250 gaming technology group detailed that total revenue had fallen to €457.4 million (H1 …

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Government review identifies ‘lessons to be learned’ regarding Football Index

SBC News Government review identifies ‘lessons to be learned’ regarding Football Index

The UK government has revealed the findings and conclusions of its investigation into the collapse of player exchange platform Football Index, making recommendations to the UK Gambling Commission (UKGC). First launched in April following the decline of Football Index after a number of users abandoned the site, leading to BetIndex entering administration, the Independent Review was led by Malcolm Sheehan …

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Chris Philp appointed gambling minister as reshuffle continues

SBC News Chris Philp appointed gambling minister as reshuffle continues

The latest development in Boris Johnson’s cabinet reshuffle has seen Chris Philp named the new Gambling Minister, replacing John Whittingdale. Although the new appointee’s responsibilities have not yet been disclosed, it has been confirmed that he will oversee the continuation of the review of the 2005 Gambling Act following Whitingdale’s dismissal last week. Philp’s first act as Gambling Minister was …

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