North America

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, …

Having identified a need for a stronger foothold in the expanding North American betting sector, the International Betting Integrity Association (IBIA) has added a new member. Simplebet is a micro-betting supplier, developing its products for the NFL, NBA, MLG, college football and college basketball wagering markets, designed for a range of stakeholders.  Its clients include operators, media providers and technology …

Eyeing a stronger presence in European markets, Odds on Compliance has appointed Cheryl Jones to coordinate its strategy in the continent. Assuming the role of President of Odds on Compliance’s European Division, Jones brings extensive experience of the European betting and gaming sector to the company, having served in legal and compliance roles at five different companies. Her latest role …

MST (Media System Technologies) and XB Net have enhanced the scope of their Italy-facing partnership, expanding the former’s market reach. Specifics of the deal will see the duo work to develop a responsible horse racing business across online, mobile and retail betting verticals via 24/7 turnkey service. This suite of North American programming will be distributed to the company’s partners …

US gambling giant MGM Resorts is once again considering a bid to acquire its BetMGM joint-venture partner Entain Plc, as dealmakers await for the UK Gambling Review to be concluded. Citing ‘city sources’, the Daily Mail’s This is Money business news page stated that an M&A move would likely be reconsidered after the White Paper on the Gambling Act review …

New year, new magazine? You’re in luck as today is the day that Issue 24 of the SBC Leaders Magazine breaks cover. Kicking off this edition, we have UK Tote Group CEO Alex Frost who tells us about how his company has found itself at the forefront of the UK racing industry. He reflects on his background in equity sales …

Real Luck Group, and its B2C betting subsidiary Luckbox, broadly achieved its year end objectives in 2022, laying a solid foundation for its growth ambitions over the next 12 months.  Luckbox, a esports betting, sports betting and casino games provider, reported a monthly revenue growth rate of 120% from November to December, closing the fourth quarter with CAD$3m (€2.06m) global …

The US Securities and Exchange Commission (SEC) has been informed by Nueva Codere of a cyberattack to its subsidiary Codere Online, resulting in losses of €744,000.  The admission to the SEC outlined ‘weaknesses in internal controls’, which allowed hackers to access Codere Online’s email systems. The cyberattack saw hackers pose as ‘Codere Online agents’, who sent ‘manipulated invoices’ to various …

XB Net has signed its latest client, partnering with IZIBET to bolster the firm’s horse and dog racing content range, broadening its own international reach in the process. The retail betting brand of the IZI Group, IZIBET operators Malta’s Dragonara Casino and in July last year secured the licence for the National Lottery of Malta, which it manages via its …