UK

Publishing its Q4 2018 trading statement, Stockholm-listed sports betting technology provider Kambi Group Plc has reported that 2018 was “the most successful year in its history” following the group’s expansion into further regulated markets supported with solid growth across its commercial pipeline. Kambi reported that its trading period ending in December 2018 was that of a ‘record’, with its year-on-year …

In a video released by the British Racehorse Association (BHA), Chief Executive Nick Rust defends the decision to permit racing to go ahead despite the worries from trainers and horse-owners regarding the prevalence of equine influenza in the UK. As announced last night, the BHA has decided to put an end to the industry hiatus from the sport following the outbreak of …

Major operators from 17 different jurisdictions are using next month’s Betting on Football conference as the perfect opportunity to meet and discuss the future of sports betting in their sector. The European Lotteries association (EL) will host a meeting for members of its Sport Working Group in London on Tuesday 19 March, which is part of the wider Betting on …

Publishing its final trading statement as an Oslo Bors listed enterprise, Gaming Innovation Group (GiG) details that it has fulfilled on expectations set-out in its 2018 corporate guidance, despite facing a turbulent Q4 2018 closing period. Updating investors, GiG informs that during Q4 2018 trading the company would move to write-down four of its ‘in-house brands’ restructuring its B2C division. …

Bookmakers have reported that revenues have taken a hit following the news that new cases of the Equine Influenza virus have been identified, resulting in an industry-wide halt on the sport. The horseracing industry is currently facing its largest health and financial challenge since the the 2001 outbreak, with Ladbrokes-Coral owner GVC reported to be down 1.45 per cent, while …

Issuing a market statement, the governance of London AIM-listed online gambling group Stride Gaming Plc has clarified its strategic position/intent, following media reports that it seeks an outright sale of the business. Stride governance confirms that at present ‘all strategic options are being considered’ with a view to maximising shareholder value, including – i) implementing an aggressive UK and international …

GVC Holdings’ online betting exchange property BETDAQ has launched new portal BETDAQpro.com, seeking to better inform betting customers of all levels with a ‘professional trading outlook’. Integrated with the flagship BETDAQ exchange, the BETDAQpro.com portal has been designed to enhance traders’ experience through access to market insights, supported with BETDAQ free trading tools and video tutorials. The ‘knowledge portal’ has …