Europe

Sportradar AG has updated its financial guidance for 2023 following continued momentum during Q3 which saw revenue growth across its core geographic and business segments. The Swiss-based sportstech group reported overall quarterly revenue of €201m, an increase of 12% on 2022 comparatives of €178m, whilst EBITDA also rose 38% to €50.5m (€36.5m), with an increased margin of 25% up from …

Interwetten has been named the platinum betting partner of FC Bayern München Basketball (FCBB) until 2026.  The new deal gives the sports betting provider ‘extensive marketing rights’ across the EuroLeague and Basketball Bundesliga, in addition to other international activations.  Wolfgang Fabian, Founder and Owner of Interwetten, commented: “As an owner-managed company with more than 30 years of tradition, we rely …

Betfred has been ordered to remove three posts on X, formerly Twitter, featuring heavyweight boxer Anthony Joshua by the Advertising Standards Authority (ASA) due to the athlete’s extensive social media following. The ASA had challenged whether the social media ads were in breach of the CAP Code on gambling advertising, which prohibits the use of well-known individuals judged to have …

Kambi Group Plc has reaffirmed its long-term commercial prospects following strong Q3 trading in which it has secured transformative agreements with Svenska Spel and LiveScore Group. Publishing its Q3 2023 trading update, the Stockholm-listed sports betting technology group achieved corporate revenues of €42m, up 15% on Q3 2022 comparatives of €37m.  Headline growth was achieved despite Kambi registering a lower …

The UK Gambling Commission (UKGC) has published its latest datasets tracking the prevalence and engagement of gambling in Britain up to the period of September 2023.  In March 2020, the Commission started publishing industry datasets on a quarterly basis to provide transparency on gambling activities to industry stakeholders, coinciding with the UK’s implementation of COVID-19 lockdown measures. The report’s data …

William Hill has enhanced its payments processing capabilities by partnering with TrueLayer, an open banking platform. The bookmaker, one of the oldest in the UK and now part of the 888 Holdings international gaming group, will utilise TrueLayer’s payments product to offer instant pay-ins and payouts to its British customers. William Hill is aiming to strengthen of its overall customer …

Spotlight Sports Group (SSG) has revealed that its Senior Vice President of B2B Partnerships, Rick Wolf, will be retiring at the end of 2023. Wolf joined the technology, content, and media company specialising in sports betting and fantasy sports in September of last year, alongside the acquisition of The Alarm Sports Network, where he had spent the previous decade as …

The Secretary of State has confirmed the appointment of seven Commissioners to oversee the governance and regulatory oversight of the UK Gambling Commission (UKGC). As announced by the Department for Culture, Media, and Sport (DCMS), the Gambling Commission welcomes the appointments of Charles Counsell, Helen Dodds, Sheree Howard, and Claudia Mortimore as new Commissioners, who will serve a five-year term. …

Gaming revenue continued to be the ‘standout performer’ for International Game Technology (IGT Plc) during Q3 trading as the firm’s group-wide revenue remained stable against 2022 comparatives. The NYSE-listed gambling and lottery technology provider reported group-wide revenue for the trading period ending 30 September of $1.06bn, representing no change from Q3 last year. Total adjusted EBITDA rose 8% from $402m …

BETER has announced a new partnership with GameTech company, Kaizen Gaming. The deal, which was supported by Betbazar, will see Kaizen Gaming receive access to BETER’s esports and sports content.  Included in the partnership is Setka Cup table tennis as well as ESportsBattle tournaments, with additional disciplines set to be added soon. Gal Ehrlich, CEO at BETER, stated: “Kaizen Gaming, …