North America

Apollo PE takes majority stake in Gamenet Italia

US private equity fund Apollo Global Management (Apollo) has this morning confirmed that it has acquired a 48.6% stake in Italian gambling group Gamenet SPA. Issuing a market filing, Apollo confirms that it aims to delist the company for its index on the Borsa Milan stock exchange. A former Italian gambling subsidiary of Greek gambling group Intralot SPA, in 2018 …

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Becher to lead Sportradar’s US betting strategy

Becher

Former Interwetten CEO Werner Becher has joined Sportradar as the company’s new managing director of US betting based in New York. Becher will be focused on the growth, development and execution of Sportradar’s betting strategy in the US, including the deployment of capital through “organic and inorganic investments” such as the recent acquisition of Optima. He left Interwetten in December …

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Sportech becomes associate member of WLA

International betting technology firm Sportech has been accepted as an associate member of the World Lottery Association (WLA) after it was recognised for providing gaming solutions to national lottery, pools lottery, and charitable sports raffle operators across North America. The announcement builds on Sportech’s latest lottery contracts in North America, Europe and the Caribbean, with the international gaming technology company making significant investment …

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Joe Asher: William Hill US – Live streaming can unlock US market’s true capacity

sports betting guide

Joe Asher, CEO at William Hill US, told SBC Magazine that he is a “big believer” in the power of live streaming. He also explained how US success is key for the popularity of sports outside of the ‘big four’, before confirming that the company’s core Nevada business will continue to fund its investment in other states. SBC: What is …

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Winning Post: What Google giveth, it can taketh away

Industry strategic consultancy Regulus Partners breaks down a week in which Google wades into sports betting advertising in the US, and the scrutiny of safer gambling initiatives in the UK shows no signs of slowing down.  ________________ US: sports betting – still searching for the answer? This year’s G2E set out the stall for sports betting in the US. Optimism …

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Optima’s Jacob Lopez and Sportradar’s Carsten Koerl: Combining to deliver the strongest one-stop-shop for sports betting

one-stop-shop

We learned late last week that Sportradar, a global leader in delivering sports data and content, had completed the acquisition of sports betting and gaming omnichannel platform provider Optima in a deal effective immediately. Just a few days on we caught up with Optima CEO Jacob Lopez and Sportradar CEO Carsten Koerl for their reaction to forming this new one-stop-shop …

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Trustly Live: Bringing instant cashless payments to land-based gaming

Trustly Live

Land-based casinos can now offer cashless payments for casino chips in under a minute through Trustly Live, a brand new solution for land-based operators launched at this week’s Global Gaming Expo (G2E) in Las Vegas. We spoke to Samuel Barrett, Trustly’s Director of Gaming, to find out more.  SBC Can you give us a brief bit of history behind the …

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Meadowlands maintains NJ edge in record month for betting

Meadowlands

Online sports betting sites licensed through Resorts and the Meadowlands combined for more than $24 million of the $29.4 million in revenues made in New Jersey (NJ) last month, as the state smashed its previous record for total wagers. The state fell just short of $375 million for online sports betting handle in September, beating the previous best of $298.3 …

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Andrew Cochrane, SBTech: Helping lotteries to keep pace with the sportsbook competition

lotteries

Lotteries are “turning to SBTech” for sportsbook services when their market share comes under pressure. That’s according to the firm’s Chief Development Officer Andrew Cochrane, who spoke on a panel about replicating the European Lotteries experience at this year’s Betting on Sports America (BOSA). Why is SBTech well placed to join the debate around lotteries providing sports betting in the …

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Adthena: Dancing in the dark… why competitive visibility is a US winner

When the legal sports betting market in the US kicked off last year, it opened up a billion-dollar industry for bookmakers and affiliates. It’s a brand new competitive landscape where everything’s up for grabs, the competitors are yet to be determined, and the first order of business is to acquire as many players as you can, as fast as you …

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