Tech analysts are monitoring the movements of Chinese live streaming platform ‘Douyu’ closely, as the company files for a listing on the New York Stock Exchange this April. Branded as ‘China’s answer to Twitch.Tv’, the popular live streaming platform owned by Amazon, in its SEC submitted prospectus Douyu’s executive team seeks to raise $500 million from its New York IPO. …
Read More »
Stockholm-listed Kindred Group Plc reports a tough opening to its 2019 trading, as the online gambling group undertakes a series of adjustments related to its home market of Sweden. Publishing its unaudited Q1 2019 trading update , Kindred maintains its strong group revenue momentum recording ‘Gross winnings’ of £224 million (Q1 2018: £208m), However Swedish market costs have impacted metric …
Read More »
SBTech Chairman Gavin Issacs, one of global gambling’s leading figureheads has backed New York start-up Jackpocket, an enterprise seeking to revolutionise consumer lottery engagements across all US states. Issacs the former Group Chief Executive & President of Scientific Games (2014-17), will act as a senior advisor to Jackpocket’s board, leadership and investment partners. Founded by tech entrepreneur Peter Sullivan, Jackpocket …
Read More »
Regardless of the outcome of Spain’s General Election this Saturday 28 April, the ensuing government in whatever shape or form will be tasked with reforming the nation’s advertising and gambling codes. The week of Good Friday, Spanish news sources reported that the minority PSOE government had agreed to Podemos party demands on restricting gambling services and betting advertising. Campaigning in …
Read More »
Italian betting incumbents will be forced to undertake further market adjustments as Lega MP and Undersecretary for Sports, Giancarlo Giorgetti confirms a wagering ban on all sports deemed to be played/participated at an amateur level. The Lega-5Star coalition government has sanctioned Italian gambling regulator AAMS to issue a new decree, which implements an outright ban on wagers placed on ‘competitions exclusively …
Read More »
Strengthening its position as a US sports publisher, industry affiliate marketing network Gambling.com Group (Gambling.com) informs that it has become the first sports betting syndicated member of the Executive Committee of the ‘Associated Press Sports Editors – APSE’. Following a committee vote, the affiliate marketing group’s flagship Gambling.com and bookmaker review portal bookies.com have been confirmed as APSE members, passing APSE …
Read More »
California-based technology fund Vista Equity Partners has this afternoon confirmed that it has acquired DAZN Group sports data and content subsidiary Perform for an undisclosed fee. As anticipated, Vista Equity confirms that it will absorb Perform assets within its US-centric sports data platform STATS, developing a new global powerhouse in sports analysis, data and content provisions. Confirming the transaction, Robert F. …
Read More »
Delegates at Betting on Sports America now have access to a Sports Betting Masterclass worth $1,000 as part of their event ticket. Held at Jay Z’s prestigious 40/40 Club in Manhattan, SBC will be hosting a Masterclass from 3pm to 6pm on Tuesday 23 April run by Jonathan Smith, the founder of Sportsbook Training Services, with input from Anthony Gray (Senior …
Read More »
The new executive leadership team of French racing operator Pari Mutuel Urbain (PMU) has presented its new ‘operating roadmap’ to French media outlining the firm’s corporate recovery and transformation strategy. Having undertaken an internal review, new Chief Executive Cyril Linette, the executive appointed by France Galop and Le Trot to ‘reinvigorate the PMU’, has outlined a series of efficiencies, which …
Read More »
The governance of Bolsa Madrid-listed Grupo Codere SA has allowed the firm’s executive team to carry out a series of organisational reforms, designed to improve and simplify Codere’s globalised day-to-day operating structures. In its update, the executive of embattled Codere, details that organisational reforms are needed to simplify the firm’s regional units, enhance commercial capacities, whilst improving corporate operating margins …
Read More »
SBC News Voice of the Sports Betting Industry