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Betsson achieves Q1 success against German & Norweigian challenges

SBC News Betsson achieves Q1 success against German & Norweigian challenges

Betsson AB states that it has ‘broadly achieved’ its opening objectives to 2021 trading, maintaining strong geographical growth despite facing operating challenges within Germany and Norway.  Detailing its Q1 finances, the group achieved total revenue of SEK1,592.8  million, an increase of 12%, whilst operating income (EBIT) stood at SEK276.1 million, representing an increase of 6% with a 17.3% EBIT margin. …

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Scan N Play: Cashless transactions in casinos and retail gaming

Scan N Play

Sam Milton, Commercial Manager at Trustly, on revolutionising the deposit and withdrawal experience for land-based gaming operators through Scan N Play. Across consumer sectors, there’s growing demand for cashless and contactless payment methods. As casinos, gaming halls and betting shops start to open back up, that same demand will apply for land-based gaming. While card-like apps have begun to fill …

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Flutter accelerates global growth profile as US options are weighed up

SBC News Flutter accelerates global growth profile as US options are weighed up

Flutter Entertainment Plc has cited confidence in delivering on its full-year 2021 financial expectations by continuing to establish its individual brands as outright leaders in each active marketplace. Publishing its Q1 trading update, the FTSE100 gambling group recorded double-digit growth across all core divisions, as its monthly average active customer base increases by 36% to 7.6 million (Q12019: 5.6m). Providing …

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Genius Sports returns to profit as NYSE journey begins 

genius sports

Genius Sports has published its first set of financial results as a newly listed NYSE company. Publishing its full-year 2020 results (period ending 31 December), Genius recorded corporate revenues of $149 million – up 30% on FY2019 results of $115 million.  The firm’s betting technology unit (formerly Betgenius) served as the group’s biggest income contributor, generating FY2020 revenues of $111 …

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Tennis and esports lead IBIA Q1 betting alerts report

SBC News Tennis and esports lead IBIA Q1 betting alerts report

The International Betting Integrity Association (IBIA) has published its report for Q1 2021, revealing that tennis, esports and football accounted for the bulk of alerts. Overall, 18 alerts were generated by tennis, 17 by esports and 12 by football, making up 75% of the 64 total alerts reported, although it has been emphasised that this figure is ‘broadly similar’ to …

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SBC strengthens team with four new appointments

SBC strengthens team with new appointments

SBC’s ongoing recruitment drive has seen the media and events business make four further new appointments, as it continues to invest in strengthening its team to support the company’s ambitious growth plans. With a schedule of five major B2B conferences and exhibitions in the second half of 2021, along with a programme of digital events and a rapidly-growing media division …

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Vodafone backs Allwyn to be the National Lottery’s next steward

SBC News Vodafone backs Allwyn to be the National Lottery’s next steward

Telecoms giant Vodafone has backed the Allwyn bid to win the UK government’s Fourth National Lottery Licence competition. Vodafone has committed to serve as ‘connectivity partner’ of Allwyn’s National Lottery tender, helping digitise the National Lottery’s operations and services for a new generation of customers. Allwyn, the new British venture of Czech gambling conglomerate SAZKA Group, branded Vodafone’s backing as …

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Japan begins discussions on creation of $65bn sports betting market

SBC News Japan begins discussions on creation of $65bn sports betting market

The government of Japan has reportedly begun internal discussions with regards to regulating sports betting on football and baseball events, according to the Financial Times. Should betting regulations on the two popular sports be liberalised, it would create a market totalling around $65 million according to FT sources with ‘direct knowledge of the situation’. The most popular form of betting …

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