North America

From its west London headquarters, Fitzdares’ plans for international growth reached fruition this week as the bookmaker made landfall in Ontario, the fast-growing Canadian province that has captivated the global betting industry. Home to multiple sports teams, a wealthy and well engaged population, a modern and rapidly expanding economy and under a new regulatory framework, Ontario is setting the standard …

Laying out its plans for 2023 in its most recent earnings call, the leadership of MGM Resorts has made it clear that a potential acquisition of European partner Entain is not on the table.  The company has been involved in a long-running joint venture with FTSE100 gambling group Entain since 2018, operating the US-facing BetMGM brand. However, an escalation of …

Better Collective AS has upgraded its full-year 2022 guidance as the business hits its primary target of generating $100m from US activities. Publishing a Q4 trading update, the Stockholm-listed media publisher registered group revenues of €86m (+63%). Headline growth mirrors the continued expansion of Better Collective’s US media network, which generated Q4 revenues of €34m (+71%). Period growth reflected “a …

IGT Plc has been rewarded for augmenting its environmental contributions with a new ‘B’ score in climate change from Carbon Disclosure Project (CDP). The global environmental NPO has upgraded IGT’s score from last year to better reflect its improved environmental disclosure and performance. The new classification recognises the ‘coordinated actions’ taken by the global lottery and gaming firm on a …

With the continuing growth of in-play and mobile betting, and the convergence of the sports betting and media industries, the effective use of streaming and audio-visual (AV) services is becoming ever-more essential for operators to attract and retain customers. Stefan Debus, Senior Director – AV Global Commercial at Sportradar, discusses the key findings from the company’s recent whitepaper, “How live …

Severine Riviere has become the latest senior hire at Sportradar, joining the company as Chief People Officer (CPO) to spearhead its human resources policies. The Swiss sports technology and data company will hold oversight of the group’s HR strategy, including talent management, leadership development, employee rewards and cultivation of workplace culture. She will report directly to Carsten Koerl, Sportradar CEO, …

bet365 has taken another step in its roadmap for international, particularly North American, expansion, making market entry in the state of Virginia. The Stoke-on-Trent based global bookmaker first launched in the US in New Jersey back in 2019, and has since launched in Colorado and the newly regulated state of Ohio. Last month, it appeared that Massachusetts would become bet365’s …

The International Betting Integrity Association (IBIA) revealed that Fanatics Betting and Gaming is joining the group. The company – which is the online and retail sports betting division of the Fanatics digital sports platform – joins more than 45 companies and 125 sports betting brands in the IBIA. “IBIA is delighted to welcome a major globally recognised brand into our …

Having achieved broad success in 2022, XLMedia (XLM) expects its financial performance to fall in line with pre-close expectations, anticipating steady revenue growth of 9.7%. With its full year results for 2022 due for publication in March, the sports betting publishing company foresees revenue of $73.7m (2021: $66.5m) and Adjusted EBITDA of between $16.1m and $16.6m. A London AIM-registered business, …