Europe

John Gordon: Incentive Games – Putting the Reality into Virtual

April 24, 2020

SBC News John Gordon: Incentive Games - Putting the Reality into Virtual

John Gordon CEO and Co-Founder of betting innovation studio Incentive Games, details to SBC audiences that filling live sports void won’t be as easy as bookmakers simply expanding their virtual sports inventories. Reality bites as COVID-19’s lockdown raises critical questions of bookmaker’s product planning, delivery and all-round engagement capacities.  ___________________ The landscape of gambling has been changed dramatically by the …

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Soft2Bet’s Boris Chaikin on meeting punters’ needs through white label development

April 24, 2020

SBC News Soft2Bet’s Boris Chaikin on meeting punters’ needs through white label development

Innovation and evolution of product offerings have been the key to mitigating the impact of sporting cancellations, writes Soft2Bet CEO Boris Chaikin. As the wider betting and gaming industry continues to find new ways to deal with the impacts of COVID-19, Chaikin (pictured below) discusses Soft2Bet’s heritage, white label model, and how the company has adjusted amid the current pandemic. …

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Kindred Q1 growth hit by exceptional charges

April 24, 2020

kindred

Kindred Group has this morning published its Q1 2020 trading update stating that its business model has shown its ‘resilience against COVID-19’s exceptional circumstances’. The Stockholm-listed operator recorded a strong opening to 2020 trading, with group revenues ‘returning to double digit growth’ with the group reporting a 11% increase to £250m (Q12019: £224m). During Q1, Kindred detailed that all core markets …

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Favourable football results and US expansion drive Kambi Q1 growth

April 24, 2020

SBC News Favourable football results and US expansion drive Kambi Q1 growth

Sports betting platform and systems provider Kambi Group has attributed a period of sustained growth to a ‘strong soccer performance’ and continued US expansion. Publishing its Q1 report for the three month period ended 31 March 2020, Kambi noted a 33% increase in revenues, rising from €21 million in Q1 2019 to €27.9 million. Despite a reduced sports schedule from …

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HBLB releases £6.5m in capital credits to reduce ‘exceptional pressure’ on racing

April 23, 2020

SBC News HBLB releases £6.5m in capital credits to reduce ‘exceptional pressure’ on racing

The Horserace Betting Levy Board (HBLB) has confirmed that racecourses with capital credits balances currently totalling £6.5m will be able to draw on them to assist with their immediate cash requirements. As it stands, there are currently 18 racecourses which hold capital credits balances with HBLB. Under the new scheme, HBLB will allow each racecourse to have the option of …

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CAP sanctions esports marketing review in response to GambleAware concerns

April 23, 2020

SBC News CAP sanctions esports marketing review in response to GambleAware concerns

The Committee of Advertising Practice (CAP) has started research assessing the dynamics attached to betting-related esports marketing across UK advertising channels. Updating industry and esports stakeholders, CAP explained that its research is being undertaken in response to safer gambling charity GambleAware’s recent publication on esports betting advertising being promoted through social media verticals. The standards agency explained that ‘comprehensive work’ …

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Sweden proposes tougher online measures for remainder of 2020

April 23, 2020

SBC News Sweden proposes tougher online measures for remainder of 2020

Mandatory weekly deposits and caps on bonus offers are due to be rolled out across Sweden from 1 June until the end of the year, as part of the country’s new coronavirus-led online gambling restrictions. Sweden’s Minister for Health and Social Affairs Ardalan Shekarabi has proposed that weekly deposits are limited to SEK5,000, with a SEK100 cap on bonus offers. …

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Gamesys halts UK advertising during lockdown

April 23, 2020

SBC News Gamesys halts UK advertising during lockdown

Gamesys Group Plc has disclosed that it will be suspending all TV and radio advertising across the UK until COVID-19 restrictions are lifted, highlighting its concerns over targeting children and those vulnerable to problem gambling.  Publishing its Q1 trading update for the three month period ending 31 March 2020, the company emphasised that it will be strengthening its responsible gambling …

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Familiarity is key to Sportradar’s Simulated Reality schedule

April 23, 2020

Simulated Reality - Jordan Henderson of Liverpool celebrates with Virgil Van Dijk after scoring the second goal of the game during the Premier League match at Anfield, Liverpool. Picture date: 1st February 2020. Picture credit should read: James Wilson/Sportimage via PA Images

Sticking to the sports calendar and playing a part in the regular football fan’s ‘ritual’ is key to the setup for Sportradar’s Simulated Reality, said the firm’s MD for US Betting Werner Becher. Sportradar launched the AI-driven product at the end of March, making it immediately available to customers as part of its existing portfolio of betting events. The product …

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