In the nearly 20 years since Sportradar was founded, I have never seen our landscape change so drastically in such a short period, writes the company’s CEO Carsten Koerl. In just a few weeks, we have gone from celebrating and looking forward to a diverse range of global sporting events, to the widespread cancellation and postponement of almost all live …
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Industry technology figurehead Predrag Popovic has detailed to SBC that betting leadership needs to sharpen its skillset and understanding of security breaches and cyber-attacks as it enters a new decade of complexities. Recognised as the patron developer of the modern-day betting system, Popovic is the Co-Founder of Fincore – the first technology group to develop digital risk management and wagering …
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Mirroring merger partner Flutter Entertainment, this morning The Stars Group Inc (TSG) has issued a trading update detailing that Q1 2020 revenue performance has been maintained despite facing COVID-19 disruptions. TSG has predicted that it will generate circa $735 million in group revenues for Q1 2020 trading, reflecting a 27% increase on Q1 2019’s $580 million. The TSX Group cited …
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Amid global COVID-19 disruptions, US analysts are monitoring DraftKings developments closely as the DFS and sportsbook operator pursues its 2020 agenda of listing on the US Nasdaq exchange this April. This morning, the firm published the following statement which read: “We are pleased that our registration statement was declared effective by the U.S. Securities and Exchange Commission this morning, which …
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Newgioco Group Chairman and CEO Michele (Mike) Ciavarella has led an eight-year project to launch the Italian legacy outfit in the US, seeking to be the best-prepared technology incumbent tackling the world’s biggest and most diverse sports market. Speaking to SBC, Ciavarella details that technology stakeholders will face a rude awakening if they simply ‘copy-paste’ European strategies to US market …
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Scientific Games Corporation (SGC) has outlined strong progress for its corporate contingency programme to navigate global COVID-19 headwinds, adding that it expects to secure ‘$100 million in cost savings during Q2 trading’. This morning, the Nasdaq technology group issued new guidance to investors on its COVID-19 contingency programme triggered on 31 March 2020. Focusing on reducing workforce costs, SGC has …
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A letter addressing the Paycheck Protection Program’s (PPP) Interim Final Rules released by the Small Business Administration (SBA) has been sent to President Trump by the President and CEO of the American Gaming Association (AGA) Bill Miller. The letter builds on the release of Miller’s recent statement which discussed his concerns regarding the SBA’s interim regulatory guidelines. However, the AGA …
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Esports Insider (ESI) has published its latest ‘Gambling Report’, detailing critical insights, observations and opinions on the growing take-up of esports betting markets and related inventory by industry incumbents. A two-part series authored by ESI correspondent Cody Luongo, the report is published at a time when all bookmakers are revising their player offerings countering global COVID-19 disruptions. With traditional sports …
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A focus on international expansion and how we, as the betting and gaming industry, will get through COVID-19 are the key themes throughout Issue 8 of SBC Magazine. Now available to view HERE, it starts by tracking the journey of Giovanni Garrisi from a mathematician beating the pools to starting a 50/50 JV with Stanley Leisure, seizing an opportunity to …
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NBA 2K20’s all pro tournament has provided bookmakers with another hurdle as the competition’s results leaked online, meaning that all online operators were forced to close betting markets on the event. Most bookmakers seemed to be under the impression that the NBA 2K Players Tournament would be aired live on ESPN, however the matches were instead pre-recorded prior to the …
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