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Codere returns to bondholders to fund global recapitalisation programme

SBC News Codere returns to bondholders to fund global recapitalisation programme

The board of Grupo Codere SA states that it is in “advanced negotiations” with existing bondholders to proceed with a “global recapitalization” of the Spanish and LatAm gambling group. Codere confirmed that it had recruited investment bank Houlihan Lokey and law firm Allen & Overy as advisers for its intended recapitalisation program aimed at improving its capital structure and fostering …

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Starlizard Integrity Services finds potential match-fixing in 167 matches

Sportradar Integrity Services: using data to improve match-fixing detection

Sports integrity analyst Starlizard Integrity Services (SIS) has released its latest report on global football matches, identifying 167 games as suspicious throughout 2023.  The study looks closely at more than 65,000 matches, with the 167 number representing 0.26% of the total. This however is an increase of 16% compared to the 144 potential cases of manipulation from 2022 that SIS …

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Digitain fuels Serbian sportsbook presence with KING.RS partnership  

SBC News Digitain fuels Serbian sportsbook presence with KING.RS partnership  

Digitan has signed a new deal with KING.RS that will see the Serbian-based operator utilising the supplier’s  turnkey solution.  The solution includes a sportsbook powered by more than a 1,000 in-house risk managers and sports traders covering various sports, leagues, betting markets, real-live monthly events and monthly pre-match events. Ani Mkrtchyan, Chief Sales Officer of Digitain, said: “We are delighted …

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Thunderpick nets new esports partnership with Heroic

SBC News Thunderpick nets new esports partnership with Heroic

Scandinavian esports organisation Heroic has announced a new partnership with Thunderpick. The multi-year deal will see the esports cryptocurrency betting platform become the exclusive global betting sponsor for all of Heroic’s rosters. Kelly Sanders, Head of Strategy at Thunderpick, commented: “Partnering with Heroic, a team known for its leadership and success across various esports titles, is a significant milestone for …

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Georgia adds 1.5m citizens to PM’s gambling ban

SBC News Georgia adds 1.5m citizens to PM's gambling ban

The Ministry of Finance of Georgia has updated the ‘electronic registry of citizens’ to comply with upcoming changes to the Caucasus nation’s gambling laws. Applied via an executive order from the Prime Minister, Irakli Gharibashvili, from 1 July 2024, the new laws of the ‘Code of Administrative Offences’ will come into force in Georgia, which involves a strict tightening of …

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Francesco Totti named Betsson.sport ambassador in Italian market entry

Betsson looks to redefine focus of sportsbook marketing in latest campaign

Betsson.sport has named Francesco Totti as an ambassador as the group launches its new sports infotainment platform in Italy.  Stockholm-listed Betsson praised the Italian football legend for his ‘exceptional talent’ and ‘illustrious career’, whilst the partnership will focus on delivering exclusive content, interviews, news and highlights across various sporting disciplines. Ronni Hartvig, Chief Commercial Officer of Betsson Group, commented: “Italy …

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Novibet new market growth led by Greek Power & Intelligence…

SBC News Novibet new market growth led by Greek Power & Intelligence...

Novibet’s tech and product leadership team of Lambros Sialmas (COO) and Sotiris Haritos (CTO) have provided SBC an exclusive insight into the pan-European igaming group’s growth strategy driven by the fundamental pillars of consolidating leadership positions, enhancing product offerings and customer experience and maximising operational efficiencies.  To Novibet’s advantage, its strategy leverages  its ‘Greek-engineered’ GameTech platform to export domestic success …

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Entain assumes BetCity.nl to be €68m-to-€156m below deal value

SBC News Entain assumes BetCity.nl to be €68m-to-€156m below deal value

Entain Plc has disclosed additional information related to its legal challenge against Sports Entertainment Media BV and related parties involved in the valuation of its Netherlands subsidiary, BetCity.nl. Documents published by the High Court of England and Wales detail that the board of the FTSE100 gambling group deems the value of BetCity.nl as being €68m-to-€156m less than its agreed deal …

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Stats Perform & Checkd Dev continue Opta sports data-focused deal

SBC News Stats Perform & Checkd Dev continue Opta sports data-focused deal

Stats Perform has extended its data licensing partnership with sports betting technology specialist Checkd Dev. The company – a part of Checkd Group – will work with its long-term partner and Opta data owner to enable licensed operators to embed Checkd Dev’s Opta data-powered Smart Acca interactive betting tool into market pages. This will include football and US sports in …

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