Finding the right niche and audience is a challenge for any entrepreneur in betting, but esports operators such as Canada’s Rivalry have been gifted with a unique advantage in some respects. This is due to the audience for such products being largely from the Gen Z and millennial age brackets. As the firm’s CEO Steven Salz explained, effective engagement with …
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Rank Group Plc has issued a profit warning, alerting investors of weaker-than-anticipated results impacting its Grosvenor casino venues. Providing an update on its trading performance for the five months to 30 November, the LSE gambling group reported that a decline in Grosvenor performance had wiped out group growth. “Whilst there has been some improvement in Grosvenor’s trading over the last …
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Writing for SBC News, NSoft journeys through the emergence of the online gambling space and the unique betting behaviours observed across the Balkan region. Until recently, there was a certain stigma associated with the gambling industry. But with advances in technology, a rising popularity of sports in mainstream media, the emergence of a sports-centric culture and rapid improvements in internet …
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Gaming Innovation Group (GiG) has this morning announced that it has reached a binding agreement to acquire online gambling community AskGamblers.com from Catena Media Plc. The buyout is agreed for a total consideration of €45m, with GiG acquiring the additional online casino assets of JohnSlots.com and NewCasinos.com, alongside “further smaller European domains”. The €45m deal will be paid as a …
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Gluecksspiel (GGL) has taken full control of the regulatory duties of Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) – assuming its responsibilities as the “common authority for German gambling”. Yesterday, at a meeting in Halle, representatives of the nation’s 16 federal states met for the last time to dissolve the ‘Gambling Collegium’ a state-sanctioned body which served as GlüNeuRStv regime’s ‘temporary …
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With the ink barely dry on its latest deal with RacebookHQ, Metric Gaming is already looking forward to a fruitful collaboration that will deliver a higher yield for operators, enhance retention and revolutionise the way stakeholders can perform. Marc Thomas, CCO of Metric, explains all in this SBC exclusive. You recently announced a strategic partnership between Metric and RacebookHQ (RBHQ); …
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After experiencing a more eventful year than most, Betby closes 2022 with a number of new partnerships under its belt. Not only this, but over the last 12 months the sportsbook solutions provider has also carried out significant changes to its operational model and added a range of products to its roster – the latter of which will help drive …
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VIXIO (VIXIO.com) has come under new ownership, as European private-equity firm Perwyn has acquired the global gambling business and regulatory intelligence provider from Kester Capital. The deal was announced this afternoon, with Perwyn taking full ownership of VIXIO’s flagship GamblingCompliance and PaymentsCompliance business intelligence portals. Perwyn informed that it will invest in VIXIO’s management team to further expand the depth of …
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Gambling with Lives (GWL) has handed PM Rishi Sunak a letter signed by six mothers bereaved of their children by gambling-related suicide. The mothers handed the letter to the PM at Downing Street, accompanied by leading reformist Sir Iain Duncan Smith (MP), demanding that the “gambling industry should not control research, education or treatment” of problem gambling in the UK. …
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All the world’s a stage, a certain playwright once famously penned down, and in contemporary society, the FIFA World Cup is arguably one of the biggest. This viewpoint was not lost on Varun Sudhakar, CEO and Co-Founder of BetDEX Labs, who outlined how such tournaments can provide a strong PR boost to crypto-betting firms, and other actors in the wider …
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