Swedish online gambling trade association BOS has moved to expand and diversify its industry representation after confirming sports betting technology supplier Kambi Group Plc as its latest member. The Stockholm-listed technology group becomes the first dedicated sports betting platform supplier to join BOS ranks. Kambi is recognised amongst the industry’s leading systems suppliers and currently maintains sports betting provisions for a …
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Tabcorp enlargement struggles test investor patience
Australia ASX-listed gambling group Tabcorp Holdings Plc has posted an underwhelming corporate performance, publishing its half-year 2019 trading results (six-month period ending 31 December 2019). Despite recording a 4% increase in corporate revenues to AUS 2.9 billion, Tabcorp results detailed a number of concerns for investors as it delivered a further quarter trading performance below market expectations. Tabcorp’s group performance …
Read More »Oddschecker: Cheltenham data to dispel ante post perception?
The Cheltenham Festival 2020 has attracted almost 40% more ante-post punting in comparison to last year’s event, according to numbers released by Oddschecker. The figures showed an increase of 39.6% in the total staked from 2019 to 2020 across the same period of 1 January to 18 February. Similarly, the number of ante-post bets went up by 9.7%. This represents …
Read More »SIS secures Saudi Cup distribution with leading bookmakers
Bet365, Betfred and Ladbrokes Coral are among a whole host of bookmakers who have secured rights with Sports Information Services (SIS) to distribute live pictures and data from this month’s Saudi Cup, nicknamed ‘The world’s most valuable horse race’. Customers of these bookmakers will gain access to live streams of the full two days of horse racing at the King …
Read More »Scientific Games maintains improved results despite costly 2019 closing
Publishing its Q4 2019 results, Nasdaq-listed gambling and lottery technology group Scientific Games Corporation (SGC) has recorded period net losses of $37 million (Q42018: $207m). In its trading statement, SGC noted that during the period company accounts recorded a $40 million loss on debt transactions related to corporate bonds and a ‘$12 million remeasurement’ of its Euro-denominated debt. SGC Q4 2019 …
Read More »SBC Webinars presents Limelight Networks: Supercharging the Online Gaming Experience
The SBC Webinars series continues on Wednesday 26 February with Supercharging the Online Gaming Experience, as experts from Limelight Networks take an in-depth look at some of the major technological challenges confronting the industry. The session will examine many of the key issues that betting and gaming operators need to address in order to take advantage of the opportunities offered …
Read More »Keeping it real: Golden Race takes basketball game online
Golden Race CEO Martin Wachter said that 3×3 Basketball can become the “big game for 2020” after it was launched for the online market at this month’s ICE London. Formerly intended solely for the retail market, 3×3 Basketball was the first virtual to come with a cashout function when it was launched in December 2018. However, as Wachter told SBC …
Read More »Better Collective defies low sports win margins to post record Q4 revenues
Stockholm-listed Better Collective A/S has posted Q4 revenues of €19.6 million, up 61% from the €12.1 million in the corresponding period of 2018. The igaming affiliate’s record revenue performance was helped by in excess of 118,000 new depositing customers (NDC’s) during the period (55% growth, most of which was organic). EBITA before special items increased by 32% from €5.4 million to …
Read More »Ex-FA chief executive condemns gambling sponsorships in football
The Football Association’s (FA) former chief executive Mark Palios has affirmed his stance to decrease gambling sponsorships in football. Speaking to BBC Radio 4, Palios explained why he refuses to accept gambling sponsorships at Tranmere Rovers, a club he chairs, and how the relationship between football and the betting industry has gone ‘too far’. The ex-FA boss stated: “This (Tranmere) …
Read More »Garzón confirms Royal Decree sign-off on 28 February
Alberto Garzón, Spain’s newly appointed Minister of Consumer Affairs, has revealed that Royal Decree reforms will be formally announced on Friday 28 February. Garzón made his statement addressing civil servants of Spain’s DGOJ gambling regulatory authority at a meeting hosted by the Consumer Affairs Ministry. The long-awaited reforms for Spain’s advertising code on gambling products are to be presented to …
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