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Sportradar hails US profitability as €1bn revenue target is set for 2024 

Carsten Koerl, Sportradar: the US, media rights and the importance of new data

Sportradar AG has achieved all commercial and operating objectives of a ‘dynamic 2023’ as the Nasdaq sports technology group sets the target of surpassing €1bn in corporate revenues in 2024.  Publishing its full-year 2023 accounts, Sportradar lauds its third consecutive year of double-digit growth as corporate revenues stand at €878m, 20% above FY2022 results of €730m.  Double-digit growth in headline …

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UKGC committed to measure evaluation of Gambling Review proposals

SBC News UKGC committed to measure evaluation of Gambling Review proposals

David Taylor, Head of Evidence Assurance and Evaluation at the UK Gambling Commission (UKGC) has outlined an “proportionate approach” to evaluating the potential measures of the Gambling Act Review and their effectiveness. Taylor noted that the UKGC’s involvement in the changes to gambling regulation in the UK does not end once the changes have been implemented, as alongside the Department for Culture, …

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Philippines’ PAGCOR to implement 5% GGR remittance reduction from April 

BetConstruct ventures to the Philippines with Jade SportsBet deal

Alejandro H Tengco, the Chair and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), has announced the reduction of gross gaming revenue (GGR) remittance rate for online and on-site betting.  The changes by the state gaming regulator are expected to come into force on 1 April with the goal of attracting more foreign investments into the Philippines’ gaming sector.  …

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Xtremepush hires Morten Tonnesen as Growth Officer

SBC News Xtremepush hires Morten Tonnesen as Growth Officer

Xtremepush has confirmed the appointment of Morten Tonnesen as Chief Growth Officer (CGO) of iGaming’s leading supplier of customised CRM solutions and marketing campaign optimisation services. An expert in all disciplines related to customer engagement, Tonnesen is a seasoned iGaming executive having led global marketing units for PokerStars (2011–2017). Of distinction, Tonnesen has further served as CEO and Co-Founder of …

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Atlético Grau faces Los Chankas in Peru League 1 match-fixing accusations

Oddin.gg sets up Peru Trading Hub for extended LatAm reach

Representatives from Peru’s League 1 club Los Chankas have made accusations about a potential match-fixing incident in a league match. On social media, the club’s management alleged that their 1-0 loss to Atlético Grau in a recent match from the Liga 1 Te Apuesto has caused concerns over a potential pre-game settlement agreement.  The post said: “Unfortunately, we are obliged …

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Gambling.com banks $50m credit facility to bolster balance sheets

SBC News Gambling.com banks $50m credit facility to bolster balance sheets

The board of Gambling.com Group has announced that it has secured a new $50m credit facility backed by Wells Fargo Bank. The credit facility will be used by the Nasdaq-listed igaming media company for “general corporate purposes, to settle deferred consideration, and to fund potential growth opportunities.” Investors were informed that Wells Fargo will provide its $50m allotment in two …

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bet365 signs with Bulgaria’s EGT Digital for Eastern European growth   

SBC News bet365 signs with Bulgaria’s EGT Digital for Eastern European growth   

Bulgarian gaming brand EGT Digital has inked a new partnership with gaming provider bet365 to strengthen the latter’s presence in the Eastern European state.  EGT can now supply the operator with its game aggregator, which gives access to some of the largest and most popular game providers in the Bulgarian market – Amuset, CT Interactive, Playson, Wazdan, 7mojos, and 7777 …

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Sportradar to elevate in-play betting experience of the NBA

Low6 applies Rivalry's ‘Gen Z playbook’ to NBA fantasy product

Sportradar has launched an enhanced betting-related functionality within NBA League Pass in partnership with the NBA. Sports betting content, such as point spreads, over-unders, and money lines, will now be seamlessly integrated into the sport’s live streaming platform – powered by emBET, Sportradar’s over-the-top (OTT) solution. Speaking on how the partnership will elevate the in-play betting experience, Patrick Mostboeck, Sportradar …

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SBC Digital Innovation – Sportsbook Tech Day to examine future of betting technology

SBC News SBC Digital Innovation - Sportsbook Tech Day to examine future of betting technology

The SBC Digital Innovation – Sportsbook Tech online conference is set to take place on 20 March 2024, when speakers from a host of major operators will share their insights on the future of the industry’s key technologies. The event, which is hosted in partnership with Soft2Bet, will feature five sessions that examine some of the major developments in the …

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Kambi feeds sportsbook with esoccer odds straight from Abios 

SBC News Kambi feeds sportsbook with esoccer odds straight from Abios 

Sports betting provider Kambi has updated its esports offering by integrating esoccer odds into its sportsbook platform.  The latest addition integrates data straight from Kambi’s esports subsidiary Abios, utilising real-time stats from rights holders, together with automated modelling overseen by a trading team.  Kambi also plans to expand its partners’ access to Abios’ data streams from events across ebasketball, Counter-Strike …

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