North America

North American news

Entain 2022 growth dampened by flat online results

Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc remains confident of its growth strategy and product diversification across new and established markets in 2023, after achieving broad revenue growth last year. The FTSE100 international gambling group revealed this morning that in total it achieved revenue growth of 12% in 2022 to $4.3bn (2021: $3.8bn), driving a 11% uptick in gross profit to $2.7bn ($2.4bn). Accompanying this …

Read More »

FansUnite gains $2m after firm ‘ticks all the boxes’ for Tekkorp

FansUnite gains $2m after firm ‘ticks all the boxes’ for Tekkorp

Tekkorp Capital has made its latest strategic investment, leading a non-brokered private placement of units in B2C and B2B sports betting firm FansUnite. Conducted at a price of $0.08 per FansUnite unit, the offering totals aggregate gross proceeds of $2m and sees Tekkorp acquire 13,750,000 financing units in FansUnite, corresponding to shares in the firm. The offering forms part of …

Read More »

EveryMatrix signs game content deal for betPARX’s ‘growing US audience’

SBC News EveryMatrix signs game content deal for betPARX’s ‘growing US audience’

EveryMatrix has announced that it has secured a new game content agreement for the US market with betPARX. The news follows the European software provider’s market entry in New Jersey, with West Virginia, Pennsylvania, Michigan and Connecticut also underway. Erik Nyman, President of EveryMatrix Americas, commented: “We are excited to announce our new game content agreement with betPARX for the …

Read More »

Flutter settles $4m SEC fine for PokerStars’ Russian connections

SBC News Flutter settles $4m SEC fine for PokerStars’ Russian connections

The Securities and Exchange Commission (SEC) has disclosed that Flutter Entertainment has agreed to pay a $4m fine to settle violations of the US Securities Exchange Act. The settlement was disclosed this morning by the SEC, and relates to Exchange Act breaches committed by Flutter’s igaming subsidiary PokerStars business activities within Russia. An investigation by the US financial markets watchdog …

Read More »

Aspire Global contributes $112m to NeoGames FY22 outlook

Aspire Global contributes $207m to NeoGames FY22 year-end outlook

NeoGames SA has highlighted the long-term value of its combination with Aspire Global, reporting strong growth across its business throughout 2022 despite a net loss due to heightened costs. Headline figures in the company’s full year and Q4 2022 trading report saw NeoGames register group-wide revenue growth of 149% from $84.5m to $210.2m, attributed by the solutions provider to the …

Read More »

Allwyn completes UK transformation with Camelot LS integration

allwyn acquires camelot - national lottery

Multinational lottery operator Allwyn has completed the full takeover of the Camelot network from the Ontario Teachers’ Pension Plan Board (OTTPB). The company revealed today that it had now finalised the acquisition of Camelot Lottery Solutions (Camelot LS) group, fully integrating the outgoing UK National Lottery operator’s B2C brand and support networks. As such, all companies of the Camelot LS …

Read More »

Kambi expands US footprint with Potawatomi Casinos & Hotels

SBC News Kambi expands US footprint with Potawatomi Casinos & Hotels

Kambi Group plc has announced an omni-channel sportsbook partnership with Potawatomi Casinos & Hotels – a multi-property operator with locations in Milwaukee and Carter, Wisconsin. Potawatomi will now open the first sportsbook in Milwaukee, which is set to become  European sportsbook technology supplier’s 22nd live US state, including 20 self-service kiosks along with additional kiosks at a second location in …

Read More »

SBC Summit North America’s First Pitch Competition to Discover the Next Big Thing in iGaming or Sports Betting

SBC-First-Pitch-North-America_First-pitch-entries-open-banner_1024x512px

SBC is delighted to announce that the application period for the highly-anticipated SBC Summit North America First Pitch competition is now officially open and will continue until March 31.  By offering this opportunity, SBC provides a unique platform for start-ups in the sports betting and iGaming industry to showcase their innovative products and present their business ideas in front of …

Read More »

‘A marathon not a sprint’ – Tipico’s Adrian Vella on applying German quality to the US market

‘A marathon not a sprint’ - Tipico’s Adrian Vella on applying German quality to the US market

Operator after operator are seeking their fortunes westward as the US gold rush gets well underway with over 30 states now open to some form of regulated online gambling, and European eyes are understandably glued to stateside developments. In a call with SBC from the group’s US headquarters in New Jersey, Tipico US CEO Adrian Vella explained the group’s approach …

Read More »

Better Collective cracks Massachusetts ahead of market launch

Better Collective cracks Massachusetts ahead of market launch

In a major milestone for its US expansion plans, Better Collective has confirmed that it has been greenlit to enter Massachusetts, securing first mover advantage in the state.  The firm will be able to roll out its services for licensed operators after the Massachusetts Gaming Commission (MGC) allowed for third parties to be compensated on a CPA or revenue sharing …

Read More »