North America

Smarkets enters Colorado market with SBK

Smarkets has made its US debut after soft launching its SBK sportsbook app in partnership with Colorado’s Full House Resorts. The technology group branded its US Colorado debut as a major strategic achievement for the SBK product, less than a year since its sportsbook inception. Last September, Smarkets rolled out its proprietary built SBK sportsbook, a next-generation betting platform which …

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SBC Magazine Issue 9: Esports future, online shift and Brazil betting soap opera

SBC Magazine

The future for esports betting, the regulatory soap opera in Brazil, a new COO for LeoVegas and how online gaming can drive the industry’s comeback are just some of the key topics in Issue 9 of SBC Magazine. Available to view online HERE, we start by analysing Sergey Portnov’s “calculated risk” approach to Parimatch leadership, before reflecting on how Carsten Koerl …

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Playtech eyes US acceleration following NJ approval

Playtech has been granted regulatory approval by New Jersey’s DGE, allowing the technology group to provide casino product services to state licensed incumbents.  The FTSE250 technology group will launch its casino products in the Garden State, servicing long-term partner bet365’s transactional waiver with the Hard Rock Atlantic City property. Securing its DGE approval, Playtech detailed that it is actively seeking …

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Virtual Live Racing delivers digital tote betting in US

Betinternet founder and Virtual Software Chairman Vincent Caldwell has launched a new Virtual Live Racing product which will deliver a regulated digital tote betting service for US punters. The new product will feature fully rendered replicas of real tracks, graphics, and results based on historical race data from across a number of American racetracks – with results generated by using …

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Flutter calls for £850m private placement capitalising on disruptions

Flutter Entertainment Plc has this afternoon confirmed that it plans to sanction a private placement of 8 million corporate shares made available to ‘institutional investors’. The enlarged FTSE100 gambling group seeks to raise a further £850 million in working capital, strengthening its liquidity to take advantage of the short and long-term opportunities presented by a disrupted marketplace. Confirming the placement, …

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Genius Sports teams up with TNM to launch tennis series

Genius Sports Group has teamed up with Topnotch Management (TNM) to launch the Grand Slam Tennis Tours MatchPlay 120 series. The series will feature players ranked inside the ATP and WTA top 300, offering fans, players, media publishers and sportsbook operators with over 120 live tennis matches across a six-week period. Mark Locke, CEO of Genius Sports Group, commented: “The …

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Sam Cooke: ESI Digital Summit – “esports value is more than a pandemic anomaly”

Next week, Esports Insider (ESI) will host its ‘ESI Digital Summit’ (26-27 May), where it will discuss all critical components related to the esports value chain amid a disrupted global marketplace. Sam Cooke, Managing Director of ESI, tells SBC that although esports may have navigated COVID-19 disruptions better than its traditional counterparts, stakeholders should not take comfort in the easy …

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Luckbox gears up for Toronto IPO

Esports bookmaker Luckbox is ‘accelerating plans’ to list its business on the TSX Venture Exchange – Toronto’s marketplace for small-to-mid sized fast-growth enterprises. Luckbox management reveals that during May it recruited TSX fund and ‘capital pool’ advisor Elephant Hill Capital to act as lead agent planning the firm’s IPO route. Elephant Hill has published a prospectus on Luckbox, in which …

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bet365 elevates US offering with Colorado entry

bet365 has strengthened its presence across the US market after securing a 10-year agreement with Century Casinos. The finalised partnership, undertaken through a subsidiary and having already obtained its master license with The Centennial State, will see bet365 become the casino’s second internet sports betting operator partner in Colorado. The Stoke-based gambling company will operate both an internet and mobile …

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FansUnite accelerates wagering ambitions by acquiring McBookie for $2m 

Scottish bookmaker McBookie (McBookie.com) has confirmed the sale of its business to Canadian sports-tech group, FansUnite Entertainment Inc. McBookie Managing Director Paul Petrie confirmed that a $2.2 million agreement had been reached with Vancouver-based FansUnite, which listed on the Canadian Securities Exchange earlier this month in a bid to expand its sports wagering capacity. Launched in 2009 by former Tote …

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