The pandemic has brought about a ‘step change’ in the development of the Italian betting market, said Microgame CEO Marco Castaldo (pictured, left), who believes that operators are now beginning to realise the online growth potential. Speaking ahead of next week’s SBC Digital Italy, he explained why those operators who can differentiate the overall user experience by specific player segments …
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Inside Edge: Could Bayern take gold in the Champions League?
With the Champions League just around the corner, Joe Mellor and Nick Haynes at Form Labs – a division of Bettorlogic – explain why they’re backing Bayern for the title and why Guardiola’s men could be the ‘pick from the English bunch’. A lot can happen from the end of the Champions League and Europa League group stages and the …
Read More »Ström’s Veralda sells 2% shareholding in Kambi Group
Veralda, the private investment fund of Swedish sports betting tycoon Anders Ström, has confirmed the sale of 675,000 shares in Kambi Group Plc. The share sale was executed yesterday, with Veralda divesting 2% of its current equity in Stockholm-listed Kambi for a purchase price of SEK 462 per share (€45). The transaction placed with private Swedish and institutional private investors …
Read More »FDJ 2020 results drained by early Covid hits
Groupe FDJ has reported a ‘gradual recovery’ to its financial performance, as strong second-half lottery sales helped the company mitigate sustained Covid headwinds incurred earlier in the year. Completing its first year as a Paris Euronext enterprise, FDJ recorded full-year group stakes (lottery sales + sports betting wagers) of €16 billion, down 7% on corresponding FY 2019’s €17.1 billion. The …
Read More »SoftSwiss launches new betting project with Bitkingz parternship
SoftSwiss has announced Bitkingz Sportsbook, a project from Bitkingz Casino, as its latest client. Bitkingz Sportsbook was launched on 1 February 2021, supplied with main odds feeds by Betradar. The sports betting site now gives access to over 10,000 live events. The sportsbook’s operator, Bitkingz Casino, runs via the SoftSwiss online casino platform, and will now offer its users an …
Read More »Intertops celebrates 25 years since first online bet with revamped sportsbook
Intertops has celebrated 25 years since it became the first company to accept an online bet by launching its new, redesigned in-play sportsbook. On January 17 1996, Jukka Honkavaara – now a SBC Hall of Fame inductee – placed a $50 wager with Intertops on Tottenham Hotspur to beat Hereford United in an FA Cup fourth round tie. With odds …
Read More »YGAM and GamCare enlist Cambridge United for Kick the Habit campaign
Responsible gambling organisations GamCare and YGAM are set to launch the Kick the Habit campaign in cooperation with Cambridge United Community Trust (CUCT). The campaign will see CUCT promote podcasts, articles and interviews via social media channels. The media releases will focus on the consequences of gambling problems and provide education regarding the topic. Additionally, the drive will focus on …
Read More »Henrik Tjärnström: ‘No sleep till Kindred hits 0% harm’
Kindred Group’s pledge to incorporate ‘transparent safer gambling metrics’ as part of its financial reporting duty has been deemed a ‘leadership milestone’ by company chief executive Henrik Tjärnström. This week, Kindred became the first listed operator to publicly disclose information on its share of corporate revenues generated from ‘high-risk customers’, alongside further data tracking its group-wide safer gambling efficiencies. Tjärnström …
Read More »Age restriction violations on the decline, says ASA
The Advertising Standards Authority (ASA) has announced that age restriction violations in UK gambling advertisements have fallen, according to its latest report. Adverts involving gambling, alcohol, tobacco and other products deemed adult oriented or harmful to children were analysed over a three month period from October to December 2020 using monitoring tools. Across a sample of 49 websites and 12 …
Read More »GambleAware partners with Expert Link to launch ALERTS network
Responsible gambling advocacy charity GambleAware has appointed Expert Link to co-design its nationwide ‘ALERTS’ network. GambleAware has provided funding for, ALERTS – which is an acronym for ‘Affected Lived Experience Research, Treatment and Support Group’ – for 18 months. The group will consist of people with lived experience of gambling harm. The charity’s stated ambition is that the group will …
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