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PayPlan debt relief backs gambling harms stigma reduction campaign

SBC News PayPlan debt relief backs gambling harms stigma reduction campaign

PayPlan has stressed the importance of reducing the stigma around gambling harm and the impact this can have on people’s finances. The debt advice provider has put its weight behind a campaign led by GambleAware and GamCare, two of the UK’s leading treatment organisations, based on research by the two charities as well as investigations by PayPlan itself. GambleAware research found that 62% …

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Xtremepush and InclineBet: latest state of play in the dynamic US marketplace

SBC News Xtremepush and InclineBet: latest state of play in the dynamic US marketplace

As more states join the US sports betting and igaming fray, the market dynamics are evolving rapidly. Robbie Sexton, Director of Partnerships & Sports Betting & Gaming at Xtremepush, sat down for an interview with Oren Langburt, VP of Marketing at InclineBet to talk about the current state of play in the US.  XP: Can you give us an overview …

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Kindred calls on full North American exit

Nils Andén, Kindred CEO

Kindred Group Plc has announced its outright exit from all North American markets, as part of its ongoing strategic review overseen by a new executive leadership team. This morning investors were informed that “Kindred will exit the North American market with the expectation of completing this exit by the end of Q2 2024, subject to regulatory approval.” The Stockholm-listed online …

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Lottomatica plans €500m notes sale to fund SKS365 takeover 

SKS365 ‘In The Game’ in Italy as Planetwin365 Rome flagship store launched

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 …

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BetMakers to transform wagering terminal operations via OneWatch launch

SBC News BetMakers to transform wagering terminal operations via OneWatch launch

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, …

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Intralot maintains ‘EBITDA resilience’ as leadership restructures debt

SBC News Intralot maintains ‘EBITDA resilience’ as leadership restructures debt

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 …

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OpenBet facilitates next gen of OPAP’s retail betting offering

SBC News OpenBet facilitates next gen of OPAP’s retail betting offering

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 …

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Tabcorp appoints Mark Howell as inbound CFO to boost 2025 vision

SBC News Tabcorp appoints Mark Howell as inbound CFO to boost 2025 vision

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, …

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Oddin.gg sets sights on eight states in complex US regulatory landscape

SBC News Oddin.gg sets sights on eight states in complex US regulatory landscape

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 …

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