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Sportech Plc has delivered better than anticipated 2020 financial performance, offsetting the COVID-19 headwinds severely impacting global horseracing events and fixtures.  Publishing its full-year 2020 results, the LSE-listed wagering and racing systems provider saw its group revenues fall to £20 million, down 41% on corresponding FY2019 results of £34 million. “COVID-19 severely impacted the business resulting in a 28% decline …

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

Customer interaction and education can be key to identifying the most efficient onboarding experience for online gambling, according to panel members engaged in the latest SBC Webinar titled: ‘The Dice are Cast for KYC and Players Verification Compliance’.  The timing of the webinar is significant as the user journey takes on deepened importance for gaming and betting operators, with any …

Kansspelautoriteit (KSA), the Netherlands gambling regulator, has delayed the opening of the ‘Remote Gambling Act’ (KOA Act) licensing window, which was scheduled to launch this morning. Updating incumbents, the KSA posted a message on its website stating that its digital portal for KOA applications had registered a flaw during final testing.  The KSA maintains that it will issue a 1 …

Entain’s acquisition of Swedish iGaming operator Enlabs AB and Portuguese online sportsbook Bet.pt has driven a 30% expansion in its international operations. A leading operator in the Baltic region, the Enlabs acquisition has enabled Entain to enter this market for the first time in its operating history via the Optibet brand. Enlabs is a market leader in Latvia, the second …

bet365 Group has seen its year-on-year growth drive come to an end, as the betting group could not escape 2020 pandemic circumstances. Filing its 2019/2020 corporate accounts, the Coates family-owned business disclosed group revenues of £2.8 billion, down 8% on corresponding 2018/2019 results of £3 billion. The Stoke-based operator’s trading momentum was derailed by COVID-19’s suspension of the global sports …

OPAP SA holds confidence in its growth strategy and future prospects, despite a tough end-of-year closing derailing its return towards financial stability.  Publishing its full-year 2020 financial results, the Athens-listed gambling group recorded a 30% revenue slump to €1.12 billion (FY2019: €1.61bn) attributed to Greece enforcing its second national lockdown during Q4, which forced OPAP to close 2/3 of its …