Entering a new regulated market requires “a lot of expertise, experience and a lot of resources” to ensure you pass the litmus tests set by regulators according to Mike Van Ermen, VP of Business Development at FSB. Not only that, he said, these processes are fundamental for establishing a trusting relationship with both new and existing partners. Speaking at the …
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Following the publication of the Sportradar Q2 results last week, CEO Carsten Koerl spoke with SBC Americas to discuss the company’s recent performance and the growing opportunities within the US market. Discussing how much of a priority the US market is when compared to Europe, Koerl began: “So at the moment, the US accounts for approximately 15% of total revenue …
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In early June 2022 the sports betting world met the Betting Innovation Centre, a collaboration combining the modelling and trading capabilities of Sporting Solutions with Stats Perform and its Opta brand’s content, product and AI operations. Now the Betting Innovation Centre has confirmed its first product set is ready for operators to start integrating. Called Opta BetBuilder Plus and built …
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Affordability, marketing and a treatment levy have all been major talking points throughout the Gambling Act review – but the creation of an ombudsman has received less attention. Setting out its case last for why it should take on the role of official complaints and claims handler for the UK’s betting industry last week was the Independent Betting Adjudication Service …
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Igaming software solutions provider Delasport unlocks the immense power and potential of big data and how operators in the igaming and sportsbook sectors can use it to their best advantage. Big data is a part of every major global industry with incredible amounts of incoming information being collected and analyzed at unprecedented rates. The igaming business is no different, and …
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Abios has strengthened its esoccer and ebasketball content after entering into a new partnership for the data rights and fast betting tournament content powered by BETER. The deal, which was facilitated by Betbazar, will give Abios access to – and the ability to distribute – BETER’s esoccer and ebasketball data, which currently consists of approximately 14,000 matches every month. “We’re …
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Much of the global betting industry’s focus over the past year has been on US developments, but Europe still has ample ‘greenfield space’ ripe for revenue cultivation. Having established itself in North America’s big tech space from its Silicon Valley headquarters, Branch.io has now looked to new avenues for success. Looking ahead, as the company’s Director of Business Strategy, Reed …
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Rank Group Plc has hit its underlying year-end profit guidance of £40m, overcoming continued ‘softer trading conditions’ on its retail venues. The LSE gambling group’s preliminary results for the 12 months ending 30 June 2022, announced today, detailed continued footfall challenges for Grosvenor venues, in particular across London. Group 2021/22 NGR totalled £644m, doubling corresponding 2021/20 results of £325m, yet …
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Entain Plc has been summoned to pay the largest penalty in UK gambling history, totalling £17m, for regulatory failures connected to its online and retail business. This morning the UK Gambling Commission (UKGC) notified that it had issued Entain subsidiary LC International, which operates 13 UK websites, a sanction totalling £14m. A further demand for £3m was issued to the …
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The Russian invasion of Ukraine has had far reaching consequences for global business, and for the Kyiv-founded betting operator and supplier Parimatch Tech, the war understandably had a deep impact. In the midst of an expansion of its B2B technology operations, Parimatch Tech has also found itself at the forefront of humanitarian response. Explaining developments, CEO Maksym Liashko and Deputy …
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