Latest News

Lottomatica Group has informed investors that it plans to issue €500m in debt notes to fund its agreed acquisition of SKS365 Malta Holdings for €640m. Struck on 2 November, the deal sees Lottomatica become Italian gambling’s largest omnichannel group, in which the company will absorb the 1000+ betting points of PlanetWin365 and 120 arcade venues of PlanetPay365—the flagship brands of …

BetMakers has introduced a new wagering terminal monitoring and analytics tool named OneWatch, for racetrack and off-track betting operators across the US. Designed to transform wagering terminal support operations from manual and reactive to smart and proactive, the tool will provide BetMakers and its Global Tote division with a ‘powerful’ solution for proactive terminal maintenance and support services. Karl Begg, …

Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at €280m, down 7% on 2022 comparatives of €301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, accounting for a decrease of …

OpenBet has extended its long-term partnership with Greek gambling operator OPAP to deliver an enhanced retail betting experience.  Under the new framework, OpenBet’s technology platform and products are leveraged across OPAP’s retail estate.  Jordan Levin, Group CEO of OpenBet, commented: “We’re proud to have facilitated the next generation of OPAP’s retail betting offering, particularly so soon after the success of …

Paddy Power has revealed a new-look dartboard ahead of the World Championship as part of its mission to turn the Ally Pally green.  The Irish bookmaker became the new title sponsor of the tournament – running from 15 December to 3 January – through a deal formed in July this year. During an official launch event yesterday, the new sponsor …

The board of Tabcorp Holdings has confirmed the appointment of Mark Howell as the new Chief Financial Officer (CFO) of the ASX-listed sports betting and racing media group. Subject to regulatory approvals, Howell will take over the role ‘before the end of June 2024’ and will replace Daniel Renshaw, who announced his departure from Tabcorp’s executive leadership team in September, …

Oddin.gg has announced that it is actively pursuing licences in a further eight US states.  Announcing significant strides in its North American expansion plan, the esports betting firm currently holds existing licences in New Jersey, Colorado and the Canadian province of Ontario. Ohio, Maryland and Kansas are some of the key states the operator has set its sights on, continuing …

International ecosystem PIN-UP Global, which represents a set of businesses in various segments of the gaming industry, has announced the launch this week of a new business line, PIN-UP.INVESTMENTS. The new venture was created, said the company, to “stimulate the development of technologies and products for the gambling market and related industries by providing financial and expert resources, high-value industry …

US casino giant MGM Resorts will not be making a bid for the whole of Entain as the pressure from activist investors on the UK group’s CEO Jette Nygaard-Andersen shows few signs of easing following last week’s Financial Times reports of shareholders moving against her. According to sources close to the group, the US casino giant is “not interested” in bidding …

“There’s been a shift, but for the last year there has been a lot of insecurity within the operator space.” This began a recent deep-dive into the Brazilian and LatAm market in general as OKTO Commercial Director, Galina Bineva, adopted a Latin American focus during a recent sit down with SBC Media. Despite a plethora of global jurisdictions being on …