Billy Gowing, Co-Founder and Managing Director of social betting exchange Fairplay Exchange, outlines how a gap can be bridged between wagers on casual games of golf and betting on live golf events with operators. ————————————————— There can be little doubt golf is a sport experiencing considerable growth. Last August, the Royal & Ancient Golf Club of St. Andrew’s (R&A) announced …
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IGT Plc has declared a record operating income of $1bn, as the NYSE-listed technology group prepares for its next transformation having agreed terms to spin off its Global Gaming and PlayDigital units to Everi Holdings. Publishing its FY2023 accounts, IGT’s corporate revenues stood at $4.3bn, up 2% on the FY2022 results of $4.2bn. Investors were informed that consolidated revenue growth …
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Genius Sports Inc has entered a period of negotiations to extend its official betting data partnership with Football DataCo, the data rights holder of English and Scottish football. The exclusive agreement is still a subject to review and contractual approval by the Leagues and their teams. The ongoing contract is scheduled to run until the end of the 2024/25 season, …
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As this year’s Cheltenham Festival commences, Felix Faulkner, solicitor at law firm Poppleston Allen, discusses the difficulties and confusion horseracing faces in light of the impending affordability checks in the UK. This feels like an opportune moment to write about one of the key measures within the government’s gambling reform White Paper in the UK, with more than 250,000 people set …
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The SBC Media Challenges in Compliance Survey, commissioned by leading identity verification platform provider IDnow, is published today, providing valuable insights on the international betting and gaming industry’s biggest issues around compliance, fraud and onboarding processes. ——————————————————— The challenges faced by betting and gaming operators’ compliance teams are many and varied. As the industry continues its move towards regulation in …
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FL Entertainment the parent group of Betclic has stated that strong levels of cross-sell from sports-led Betclic sites to online casino had led to 39% growth in non online sportsbook revenues. Question posed to the Amsterdam EuroNext media group asked FL Entertainment CEO François Riahi his view on the proposed €2.6bn takeover of Kindred Group by Groupe Française des Jeux …
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The Senate of Chile has reinitiated proceedings to launch a new federal framework for gambling, following 2023’s inconclusive developments which saw key departments fail to reach terms on a bill to legislate new laws and market standards. Chile’s Senate and National Congress have returned to duties following the summer recess. Both legislative offices are required to review the outstanding terms …
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SBC has revealed plans to transform its SBC Summit Rio for 2025, with a larger venue, a new date and a far bigger audience. Building on this week’s sold-out event in Brazil, SBC Summit Rio will transfer to Riocentro – the city’s foremost event space – to increase the capacity to 10,000 sports and iGaming professionals and no less than …
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Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …
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Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …
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