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The end of Counter-Strike Global Offensive, one of the largest esports titles in betting, is near. In the summer of 2023, CS:GO will become Counter-Strike 2, altering several key game mechanics. Abios’ Engineering Manager Peter Torsson, who has extensive experience within the esports industry, aims to shed some light on what we might expect from CS2. He also covers the …

With the Premier League withdrawing gambling sponsorships from the front of shirts from the 2027/28 season, the English top-flight will be looking for new sectors to fill the revenue gap left behind. Whilst the betting sector has generated millions for betting companies in terms of the cash payments of sponsorships, sports data and insights firm Horizm believes that other industries …

Playtech Plc cites confidence that it will achieve its full-year 2023 financial and strategic objectives as its business continues to benefit from B2B and B2C growth.   Providing a Q1 trading update, the FTSE250 gambling technology group expects its FY2023 adjusted EBITDA result to slightly surpass its current consensus expectations. Yet Playtech notified investors that “current growth rates are expected to …

At first glance, the proposals made in the Gambling Act review paid little attention to the lottery sector, focusing more heavily on betting and casinos. This is something which Lebby Eyres believes is due to the lottery space being ‘on the softer side of gambling’. Regardless, The Health Lottery CEO stressed that lotteries, like other betting and gaming stakeholders, must …

Entain Plc has significantly bolstered its presence in Oceania following the approval of its strategic partnership with TAB NZ by the New Zealand Minister for Racing.    TAB NZ had chosen Entain to serve as ‘preferred partner’ to provide technology systems for the management of Racing New Zealand’s (Racing NZ) wagering, retail and broadcast offering on 28 March. Partnership terms have …

Content marketing is fast becoming a vital component in the drive to make your brand stand out in the marketplace according to Richard Duncan, Head of Business Development and Strategic Partnerships, PA Betting Services. But crucially, there are some challenges to address if you want to strike the correct balance.  SportsHandle has reported the cost of acquiring customers has been …

Arthur Lira, the President of Brazil’s Chamber of Deputies, has intervened in the process of regulating a federal sports betting regime. Representing the Lower House of Brazil, Lira has demanded that the government’s “provisional measure” to regulate sports betting be converted into a federal bill. Last week, Brazilian ministries received a “provisional measure” drafted by the Ministry of Finance, which …

Henrik Tjärnström has resigned as CEO of Kindred Group, with Nils Andén named as his replacement by the firm’s Board of Directors on an interim basis. The outgoing CEO first assumed leadership duties of the Stockholm Nasdaq gambling group in July 2010, having stepped up from his joint role as Deputy CEO and Chief Financial Officer, a position he began …

Catena Media Plc maintains confidence in its corporate reorganisation and long term growth targets, despite a difficult start to year trading, dragged by underperforming US results.  Publishing its Q1 2023 trading update, total group revenue from continuing operations stood at €35m, down 5% on corresponding 2022 results of €37m. Period trading saw Catena’s North American unit impacted by a 2% …

Better Collective AS has opened FY2023 trading with a further consecutive recording-breaking quarter, underlining the success of its strategic business shift and M&A strategy.  The results of Q1 2023 have been deemed as a “high-water mark in its financial performance” as group revenues total €88m, up 30% on corresponding 2021 results of €67m. “We’ve achieved another record-breaking quarter. The performance …