North America

North American news

Flutter doubles US revenues as Q3 sees home unit return to growth

Flutter Entertainment Peter Jackson

Flutter Entertainment Plc has upgraded its full-year 2022 US revenue guidance to stand at $2.95bn-$3.2bn (£2.45bn–£2.65bn) as its FanDuel continues to outperform corporate expectations. Publishing its Q3 trading statement, Flutter achieved corporate revenues of £1.89bn up 31% on 2021 comparative results of £1.43bn – as the FTSE100 gambling group accounts for +9.5m active monthly players (AMPs) across its global brand …

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IGT sees Gaming & Digital growth subdue Global Lottery slowdown

SBC News IGT sees Gaming & Digital growth subdue Global Lottery slowdown

IGT Plc is confident of delivering on its 2022 financial targets and operating objectives, despite a slowdown in the performance of its flagship Global Lottery unit.  Publishing its Q3 trading statement, the NYSE gambling technology group achieved consolidated revenues of $1.06bn, up 8% on 2021 comparative results of $984m. Headline growth was maintained by the group’s Global Gaming unit recording …

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Bayes Esports and bet365 extend esports betting services to Ontario

SBC News Bayes Esports and bet365 extend esports betting services to Ontario

Bayes Esports and bet365 have strengthened their partnership even further in an extended deal which they believe will “usher in a new era of sports betting” for the Canadian market. The entry into the Canadian market will mark “the next step in the development” of the country’s sports betting industry, the two companies explained, and will mean that bet365 will …

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Super Group reiterates €1bn 2022 revenue projections

Super Group

Expecting to significantly expand its US presence in the new year, Super Group continues to project strong revenue growth to close the year.  Issuing an update to its NYSE investors, the Malta-based reiterated its predictions 2022, maintaining that it will achieve revenue of between €1.15bn and €1.28bn and Adjusted EBITDA of between €200m and €215m, respectively. In an assessment of …

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Flutter wins FOX dispute on FanDuel’s fair price value

SBC News Flutter wins FOX dispute on FanDuel's fair price value

Flutter Entertainment has announced that it has won a New York arbitration against Rupert Murdoch’s FOX Corporation related to the ownership terms and valuation of FanDuel. The FTSE100 gambling group has settled its 18-month legal dispute against the US media network that had initiated an arbitration on the terms of its option to acquire an 18.6% stake in FanDuel and …

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SBC Awards Latinoamérica gathered sports betting and iGaming industry to celebrate regional leaders

SBC Awards

Apuesta Total, Betcris, Betsson Group, Better Collective, Evolution, Kaizen Gaming and Sportradar Group were among the companies celebrating victories at last night’s SBC Awards Latinoamérica ceremony. The winners of the 26 operator, affiliate and media, supplier, and payment and compliance categories were announced at the Seminole Hard Rock Hotel & Casino in front of 400 senior executives from the betting …

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WLA pays tribute to founder Guy Simonis

SBC News WLA pays tribute to founder Guy Simonis

The World Lottery Association (WLA) has paid tribute to Guy Simonis, as its ‘founding father’, who passed away on October 5 at the age of 91. Simonis played an instrumental role in the lottery industry, particularly in Canada where he developed the country’s first sports lottery to help fund the activities of the Manitoba Amateur Sports Federation he founded in the 1960s. The scope of …

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BetDEX secures Isle of Man licence as blockchain exchange enters beta mode. 

SBC News BetDEX secures Isle of Man licence as blockchain exchange enters beta mode. 

BetDEX Labs Inc has become the first blockchain betting exchange to be granted a licence by the Isle of Man Gambling Supervision Commission (GSC). The New York and Edinburgh-based operator hailed the GSC licence approval as a new milestone towards launching online gambling’s first blockchain-built mass market betting exchange under the BetDEX domain. BetDEX is the new venture of former …

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ITV and Entain bolster Australian and US racing media rights via HBA deal

Melbourne Cup, HBA Media

Several media rights distribution deals for the Melbourne Cup and Breeders Cup, two of Australia and North America’s flagship racing fixtures, have been signed by HBA Media. Of significance to UK viewers, HBA has signed another contract with ITV, marking the return of stateside racing content to the free-to-air channel, as the network makes its second broadcast of the Breeders …

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EPIC reaches 46 colleges with NCAA gambling protection programme

SBC News EPIC reaches 46 colleges with NCAA gambling protection programme

EPIC Risk Management has reported significant progress in delivering its player protection programme against gambling harms for students, in a deal with the National Collegiate Athletics Association (NCAA). As sports betting continues to be legalised in more than 30 states, colleges and universities across the US in all three NCAA divisions are improving student-athletes’ awareness of the risks and potential …

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