Athens-listed gambling technology and lottery systems provider Intralot SA has confirmed the promotion of US executive Byron Boothe as Chief Executive of its North American subsidiary INTRALOT Inc. Since 2019, Boothe has led the firm’s US operations as Interim CEO of INTRALOT Inc. The 13-year company executive has formerly served as INTRALOT Inc’s Vice President of Government Relations, leading the …
Read More »
Luckbox has confirmed that it has completed a CAD $3.8 million (€2.5m) funding round, as it imminently prepares to list on the Toronto TSX Venture Exchange. The esports bookmaker outperformed its expectations by announcing that investors oversubscribed to its funding round, which had originally targeted a range of CAD $2-3 million. Satisfying investor interest, Luckbox has confirmed that it will …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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, …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
SBC News Voice of the Sports Betting Industry