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River iGaming suspends B2C operations

SBC News River iGaming suspends B2C operations

Malta headquartered River iGaming has announced a suspension of all B2C activities resulting in the redundancy of all individuals in the operation, with the firm establishing a “strong and dedicated” B2B focus during 2020. The company’s brands include Vegas Casino, Casonic, Spin Genie and Pocket Fruity and licences to run X Factor Games and Britain’s Got Talent Games. This move …

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SBC’s Year In Review: November’s big betting news

SBC News SBC’s Year In Review: November's big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This tenth edition looks at November and more specifically at an interview with BtoBet’s CEO Alessandro Fried, the future of retail, Trustly’s Pay N Play celebrations and the four pillars supporting state lottery success. Alessandro …

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Codere secures €36m credit line to fund Mexican outlook

SBC News Codere secures €36m credit line to fund Mexican outlook

A filing placed with Spain’s CNMV capital markets commission has revealed that Codere SA has secured terms on two corporate credit lines, obtaining approximately €36 million in working capital to help the Bolsa Madrid gambling group maintain its Mexico and Uruguay business subsidiaries. The transaction sees Codere governance expand the volume of its existing €90 million revolving credit facility, of …

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SBC’s Year In Review: October’s big betting news

SBC News SBC's Year In Review: October's big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This tenth edition looks at October and more specifically at Digitain targetting the ‘Netflix Experience’, the lessons to be learnt from SportPesa’s Kenyan withdrawal, the doubts surrounding the IRP tennis data findings and the ‘once in …

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Racing Post adds Betfair markets to racing app

SBC News Racing Post adds Betfair markets to racing app

The Racing Post has confirmed that it has integrated Betfair sportsbook markets within its free iOS mobile app and mobile website, allowing readers to place direct bets on Betfair horseracing and greyhound markets. Branded as the most comprehensive tool for racing enthusiasts, the Racing Post app delivers daily racecards, results, expert tips, the latest breaking news and live race streaming. …

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Flutter elevates racing commitment with new commercial rights deal

SBC News Flutter elevates racing commitment with new commercial rights deal

Flutter Entertainment has significantly elevated its racing offering by announcing a new deal with Arena Racing Company (ARC), The Racing Partnership (TRP) and At The Races (ATR). The lucrative multi-year rights deal will strengthen all elements of Flutter’s global racing business including UK retail and online, as well as its operations in the US and Australia. Peter Jackson, CEO of Flutter …

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Kambi halts shares after 30% stock plunge

SBC News Kambi halts shares after 30% stock plunge

Following the news that DraftKings is buying its own sports betting platform in the form of SBTech, Kambi has made the move to halt trading in its shares after its stocks plunged 30%.  As a result, a statement has been released by Kambi Group’s CEO Kristian Nylén in order to try and ease concern amongst investors.  The statement read: “Kambi …

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