Groupe FDJ has outlined its ambitions to create a “new European gaming champion” by launching a €2.6bn all cash tender offer to acquire Kindred Group Plc outright. The Paris Euronext exchange was informed this morning of FDJ’s opening offer to acquire Stockholm-listed Kindred Group, putting forward a SEK 130 (€11.40) per share offer to the firm’s board. As detailed by …
Read More »
After three years in development, sports analytics platform SSTrader has released its AI chatbot tool that can predict the outcome of football matches. The Super Sports Predictor uses machine learning algorithms to base its decision making on a wide pool of data, giving bettors a new way to wager by providing them with real-time predictions on outcomes such as match …
Read More »
Intralot SPA has secured a major commercial objective, announcing that La Marocaine Des Jeux et des Sports (MDJS) will extend its technology contract for a further two years. MDJS serves as Morocco’s exclusive operator of lottery, instant-win, and sportsbook services as appointed by the Dahir (Kingdom’s decree). Intralot has operated as MDJS’s principal technology supplier since the company was formed …
Read More »
Kindred has donated its branding space on Middlesbrough FC’s first team shirts to the MFC Foundation logo for this weekend’s match against Rotherham. As the Championship club’s principal sponsor, Kindred supports the move as part of the club’s ‘Foundation Weekend’ in removing its Unibet branding for the cause. The initiative aims to highlight the Foundation’s ‘life-changing work’ for participants of …
Read More »
After recent events in Ecuador saw the South American state sink into civil unrest, President Daniel Noboa has decided to withdraw a question on casino regulations from the recently launched public consultation on the country’s prospects. At the beginning of January, Noboa gave Ecuador’s Constitutional Court 20 days to hand out a public notice on a list of questions regarding …
Read More »
LIV Golf has partnered with U.S Integrity in a fight against illegal betting activity on the sport. The global golf tournament will now access the sports gambling monitoring company’s ProhiBet service to detect any prohibited gambling behaviour and activity. LIV Golf Chief Operating Officer, Lawrence Burian, commented: “This partnership with U.S Integrity is critical as we enhance our presence in …
Read More »
The government of Malta has detailed that it has strengthened policy and compliance in the gambling sector to minimize exposure to threats and vulnerabilities stemming from money laundering (ML) and terrorist financing (TF). Measures were outlined by the ‘National Risk Assessment (NRA) on Money Laundering (ML) and Funding for Terrorism (TF)‘, a review of financial risks across Malta’s business sectors. …
Read More »
Sportsbook technology supplier Betby has outlined its ambitions for growth in 2024, building on what it described as a “successful 2023” with plans to maintain upward momentum throughout the year in terms of revenue, GGR and new market entries. In 2023 Betby registered an increase of 270% in terms of revenue and an increase of almost 250% in Gross Gaming …
Read More »
The European Lotteries (EL) has revealed that just over €22bn was contributed to society by all its members in 2022. A year-on-year growth of a little over 11%, the figure has been described as the most important outcome of EL’s 17th consecutive report on the lottery sector in Europe, which compiles data gathered from the 68 EL members in 2022. …
Read More »
More than half of compliance professionals from the international betting and gaming industry believe the implementation of financial risk checks in the UK will have a negative impact, the SBC Media Challenges in Compliance Survey, commissioned by IDnow, has found. The study surveyed 100 senior compliance representatives from operators in Europe, North America and Latin America about existing issues and …
Read More »
SBC News Voice of the Sports Betting Industry