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Catena Media encountered several difficulties across the geographic breadth of its business during Q2 trading, with the firm’s North American revenue dipping as it embarked on major changes to its European operation. The igaming media publisher reported group-wide revenue from continuing operations of €17m, a drop off of 16% on €20m recorded in Q2 2022. Adjusted EBITDA, meanwhile, fell 60% …

Demand for OpenBet’s player stats offering reached its “highest level yet” during the Women’s World Cup, largely due to an increased number of requests for “a much wider range of markets” from operators. Throughout the tournament, which culminated in a 1-0 win for Spain, OpenBet offered five different markets which were powered by SportCast to its operator partners: shots on …

GamCare has confirmed the appointment of D’Arcy Myers as the new Interim CEO of the problem-gambling treatment support charity and operator of the 24/7 National Gambling Helpline. Myers’ appointment follows the leadership departure of Anna Hemmings, who ended her five-year tenure as CEO of GamCare in June. An expert in leading high-profile charity organisations, Myers has led and mentored multiple …

Paid search, paid social, and programmatic each come with their limitations when employed as independent marketing strategies. Yet, it is GiG’s adeptness in leveraging these diverse marketing avenues both individually and synergistically that has been instrumental in driving GiG’s ongoing expansion. Ahead of his highly anticipated panel at the 2023 edition of the SBC Summit Barcelona, Jonas Dam Vesti Petersen, …

“The White Paper was worth the wait,” Rank Group CEO John O’Reilly informed SBC after the publication of the firm’s financial results for 2022/23, when quizzed about his confidence in the post-Gambling Act review landscape. Whilst some operators – particularly those with a focus on sports betting – have expressed  dissatisfaction with the review’s proposed reforms and a lack of …

Rank Group Plc has achieved its 2022/2023 corporate targets, overcoming the challenges of a financial year featuring peak energy costs, wage inflation and regulatory changes impacting its business.  Publishing its preliminary 2022/2023 results (12 months ending 30 June), Rank Group declared an underlying operating profit for full-year trading of £20.3m. The bottom-line result is lower than the prior 2021/2022 financial …

Stefan Nelson, Chief Financial Officer of LeoVegas, believes that the sector as a whole will prove innovative and resilient enough to overcome the challenges it faces – but some operators will fall along the way. As LeoVegas continues to embark on a new era as part of MGM Resorts, Nelson shared insights into how the company plans to navigate the …

Lord John Mendelsohn has stated that 888 Holdings will soon prove “the compelling and strategic logic” of its corporate enlargement, as detailed to investors in 2021. In his role as Executive Chairman, Mendelsohn addressed investors following the publication of 888’s H1 2023 interim results. Improved H1 trading saw 888 register a 3x jump in EBITDA to £155m. Yet, its business …

888 Holdings Plc has reaffirmed its full-year corporate guidance as the LSE gambling group navigates a period of multiple transitions impacting its business and future outlook.   Publishing its H1 2023 interim trading results, 888 registered a 165% surge in corporate revenues to £881m (H1 2022: £332m) as headline growth was attributed to “the addition of William Hill following completion of …

Andrew Rhodes, Chief Executive of the UK Gambling Commission (UKGC), has published an open letter, warning stakeholders of the “misrepresentation of gambling statistics”.   The letter sees Rhodes reiterate his previous warning that “opinions on the subject and they sometimes differ very greatly and can be equally strongly held. Sometimes this can boil over into personal comments and even conspiracy theories …