XLMedia Plc has cited confidence in delivering on its full-year financial expectations and corporate objectives following positive first-half trading in 2021. Publishing an H1 trading update (period ending 30 June), the London AIM-listed digital publisher expects to generate interim revenues of $32 million, up 15% on corresponding H1 2020 results of $27.7 million. Corporate performance has been buoyed by the …
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Bojoko: Lessons learned from the European market
Joonas Karhu, Chief Business Officer at Bojoko, talks about some of the lessons the award-winning affiliate has learned from the European market and how they can help companies targeting the US. There is no doubt about it; the US will become the largest, legal online gambling market in the world as states continue to embrace regulation and licensing and open …
Read More »Betway partners with Rhine giant Eintracht Frankfurt FC
Betway Group has signed a three-year agreement to become the ‘official betting partner’ of Bundesliga football club Eintracht Frankfurt FC. The partnership will see the Betway brand promoted at the 51,500 capacity Deutsche Bank Park stadium on both the LED screens and cam carpets during Bundesliga matchdays. Super Group-owned Betway continues to expand its sponsorship profile within Germany’s new re-regulated …
Read More »BETER identifies new core strategic initiatives as it enters ‘next phase’ of development
Gal Ehrlich, the newly appointed CEO of BETER, has outlined his ambitions for the company to continue developing the ‘fast betting niche’ while also identifying new growth opportunities. Delivering his first strategic presentation since becoming CEO, Ehrlich emphasised that the implementation of robust corporate governance systems will be a core strategic initiative for BETER going forward. He said: “We are …
Read More »Battle against match-fixing in the spotlight at SBC Digital Italia
Italy’s leading experts on the integrity of sport are set to share their insights on the latest developments in the ongoing battle against match-fixing during the opening day of the SBC Digital Italia conference and exhibition. The online event on 28-29 July features an agenda that examines all the key issues influencing the future of the betting and gaming industry …
Read More »Sportnco leads Betway’s charge into the French market
Sportnco has secured a major coup by becoming the lead technology partner of Betway Group’s launch of Betway.fr for France’s regulated online gambling marketplace. Toulouse-based Sportnco will supply Betway.fr with a fully customised online gambling platform and further player account management (PAM) provisions fully compliant with French gambling laws. The partnership with Betway follows extensive investment by Sportnco during 2020 …
Read More »GambleAware research blasts design of safer gambling tools for lagging behind expectations
GambleAware has called for operators to drastically improve resources dedicated to the development of safer gambling tools. The charity’s plea follows a further ‘randomised control trial’ undertaken by research partner the Behavioural Insights Team (BI Team) examining players’ use of deposit limit tools and further ‘commitment devices’ offered by operators. Commitment devices refer to the voluntary arrangements/agreements, designed to dissuade …
Read More »Richard Hayler: IBAS – The Ombudsman from abstract concept to a workable reality
Industry leadership, MPs and wider stakeholders are all in agreement that UK gambling requires a sector-specific ombudsman to rectify consumer concerns and reputation. Betting dispute and settlement expert Richard Hayler Managing Director of IBAS, underlines that the creation of an ombudsman will be no easy undertaking for participants who must understand and accommodate the intricacies of gambling products, practices and …
Read More »Kambi rides high from all market comeback
Sports betting technology provider Kambi Group Plc has underlined its continued commercial momentum, securing Q2 revenues of €42.8 million, an operator trading margin of 9.3% and a net cash position of €84.5 million. Publishing its Q2 and H1 2021 interim results (period ending 30 June), Kambi generated period revenues of €86 million, up 102% on 2020 interim results of €43 …
Read More »Kindred lauds product excellence as uninterrupted H1 delivers record results
Kindred Group Plc has registered record gains across its H1 metrics, following an ‘exceptionally strong business period’. Publishing its H1 2021 interim results (period ending 30 June), the Stockholm listed online gambling group declared period profits of £160 million – up 575% on 2020’s corresponding H1 results of £27.8 million. Though performance comparatives were set against the peak COVID-19 impacts …
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