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Betsson finds ‘convenient solution’ for offline transactions with OKTO

Betsson

Betsson Group has formed a partnership with Greek fintech company OKTO. As one of the most prominent names in the Greek igaming space, the Sweden-based multinational betting operator will integrate the OKTO.CASH cash-to-digital payment method. Betsson will leverage OKTO.CASH’s network of over 13,000 points of sale across Greece, with the solution designed to meet local market requirements and provide ‘a …

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Fitzdares hires ‘betting IT guru’ Nick Dutton as new COO

SBC News Fitzdares hires ‘betting IT guru’ Nick Dutton as new COO

British bookmaker Fitzdares has announced the hiring of Nick Dutton as its new Chief Operating Officer. With 36 years’ experience in IT & technology roles largely within the gaming sector, Dutton joins Fitzdares with immediate effect, where he will oversee technological improvements that will drive brand growth and provide an unrivalled user experience for all Fitzdares members. The company has …

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PressEnter promotes ‘product pro’ Hampus Eriksson to Deputy CEO

SBC News PressEnter promotes 'product pro' Hampus Eriksson to Deputy CEO

PressEnter Group has announced the appointment of Hampus Eriksson as Deputy CEO of the operator of multi-brand igaming brands. As announced to media “the internal promotion will see Eriksson continue in his existing position as Chief Product Officer (CPO) of PressEnter”, where Eriksson has led a 2-year project “rebuilding the company’s product capabilities and processes from the ground up.” Key …

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Bet365 ready for UK adjustments as revenues return to +£3bn 

SBC News Bet365 ready for UK adjustments as revenues return to +£3bn 

Bet365 has declared an underlying loss of £60m for the financial year of 2022/2023, attributed to expanding its technology resources and growing its corporate headcount to over 7,600 global staff. The loss was detailed in the private company’s 2022/2023 accounts, which were published on Companies House, spanning a 52-week period up to 26 March 2023. Despite the loss, Bet365 reported …

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Entain exits ‘140 markets’ for regulatory assurance

SBC News Entain exits ‘140 markets’ for regulatory assurance

Entain Plc has communicated that it has exited 140 markets to comply with its new corporate responsibilities and duties to investors.  As reported this weekend by the Financial Times, Entain published an internal document stating its exit from markets with no regulatory regimes such as Antarctica and Vatican City.  The FTSE100 company is expected to initiate more withdrawals from other …

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SIS extends Playtech partnership to include Competitive Gaming

SBC News SIS extends Playtech partnership to include Competitive Gaming

SIS (Sports Information Services) has extended its partnership with Playtech to continue supplying its end-to-end esports betting product, Competitive Gaming. The deal will now see the entire library of SIS’ Competitive Gaming content – with over 150,000 annual events provided across ebasketball and esoccer contests – be accessible to Playtech’s extensive global network. Andy Kelly, Head of Commercial Partnerships at …

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Kambi seeks new CEO as Kristian Nylén ends 14-year leadership term

SBC News Kambi seeks new CEO as Kristian Nylén ends 14-year leadership term

The board of Kambi Group Plc has announced this morning that Kristian Nylén has expressed his intention to step down as CEO of the Stockholm-listed sports betting technology group. Nylén, who co-founded Kambi in 2010, will resign from leadership duties upon the appointment of a successor, as the Board initiates a search for a new CEO. Having served as Kambi’s …

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Interested operators ‘expected to grow’ as Brazil gambling bill signed

SBC News Interested operators ‘expected to grow’ as Brazil gambling bill signed

A total 134 betting firms have now expressed interest in operating in Brazil, with the market looking set to become one of biggest in the world. Prior to the new law that was passed to regulate sports betting and online gaming, some interested gambling companies included; Kaizen Gaming (Betano), 1XBET, Meridianbet, Pixbet, Betfair, LeoVegas, Betway and Draftkings. Further operators also …

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