London-listed racing and wagering systems supplier Sportech Plc has announced that it successfully delivered the new “Ascot World Pool’, completing a ‘commingling project’ undertaken for major racing stakeholders Betfred Totepool, Ascot Racecourse, and Hong Kong Jockey Club. Launched at Royal Ascot 2019, the World Pool is a pari-mutuel betting pool designed to maximize liquidity by combining wagers from global Ascot …
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As the company behind the platform that helped Oddschecker to run more than 100 tactical marketing campaigns across five channels during this year’s Cheltenham Festival week, Xtremepush is making its mark on the sports betting industry. We spoke to the firm’s CEO Tommy Kearns, who explained why ‘monolithic’ cloud solutions are being replaced by purpose-built platforms. This allows brands to …
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The executive committee of France Galop, the governing body of French horseracing, has reported group-wide losses of €21 million as part of its 2018 accounts. France Galop, who shares ownership of French racing operator PMU alongside counterpart Le Trot Francais, details that 2018 horseracing revenues were significantly down on forecasted targets. “The net result of the PMU for 2018 is set …
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Sports data, technology and content provider Genius Sports Group has revamped its ‘Genius Sports Media’ division, building upon its 10 years of digital marketing experience and live sports data expertise to deliver new innovations to a diverse range of partners across the sports and gaming sectors. Operating since 2017, Genius Sports Media has served as the audience engagement arm of Genius Sports, combining the Group’s …
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Award winning betting technology supplier OPTIMA is ready to service the regulated gambling market of South Africa after obtaining the necessary Gaming Labs International (GLI) certification to deliver its OPTIMAMGS™ platform to operators in the rainbow nation. The sports betting and gaming solutions provider is now certified according to the regulations for online operations as well as for retail in Cape …
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NBA legend Kobe Bryant has been picked to represent Asian betting operator, Fun88, as the company’s new brand ambassador. As part of the new role, Bryant will work alongside Fun88 to promote the brand across a number of key markets, including Asia and Europe. Michelle Kendricks, FUN88 branding director, praised the new agreement: “We welcome Kobe Bryant to the FUN88 …
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Online bookmaker Marathonbet has been confirmed as the principal partner and front-of-shirt sponsor for Sevilla FC, as part of a new two-year agreement between the duo, with the deal set to begin at the start of the 2019/20 season. The five-time Europa League champions will gain access to exclusive content, offers and experiences from the bookmaker throughout the campaign, while the …
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Online gaming and sports betting software provider BetConstruct has secured membership to the Fantasy Sports & Gaming Association (FSGA). Founded in 1998 as the Fantasy Sports Trade Association, the organisation was subject to a rebrand earlier this year, expanding its scope to include all new markets emerging in sports. It represents the interests of both fantasy sports and gaming companies …
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Stockholm-listed industry affiliate Better Collective AB has moved to expand its corporate financing capacity, after securing access to a further DKK 300 million (€40 million) credit facility backed by Danish bank Nordea AS. Updating the market, Better Collective expands its existing Nordea credit facilities to DKK 600 million, with the affiliate publisher detailing that the capital will be used to support …
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The governance of DraftKings Inc has confirmed the appointment of former Bain Capital executive Jason Park as new Chief Financial Officer (CFO), helping the company pursue its imminent US sports betting opportunities and interests. The executive appointment sees DraftKings restructure its corporate finance leadership, with current CFO incumbent Tim Dent transitioning to the executive position of Chief Compliance Officer (CCO). …
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