SBC, the leading international events and media business for the sports betting and igaming industries, has announced that the Canadian Gaming Summit 2023 will be staged on June 13-15 at the Metro Toronto Convention Centre. The 2023 edition of the long-established conference and trade show will see it undergo a major change, as it will be the Summit’s first year …
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Swifty acquires UKGC-suspended bookmaker Goldchip
Sports betting firm Swifty Global has confirmed its acquisition of Goldchip, a UK-focused betting firm which recently landed in hot water with the UK Gambling Commission (UKGC). Described by Swifty as a ‘particular compliance problem’, Goldchip’s licence was suspended by the UKGC last month after failure to meet licence conditions, as well as social responsibility and anti-money laundering shortcomings. Despite …
Read More »JD McNamara: Better Collective is planting its flag in the Canadian market
Ontario is quickly becoming a powerhouse in and of itself as betting companies look to make their mark on the Canadian market. JD McNamara (pictured), Country Director at Better Collective, takes this month’s spotlight piece to dissect the growing opportunities in Canada and the need for a more personalised approach to this newly regulated market. SBC: Over the past three-years …
Read More »Openbet: Winter World Cup is the biggest test of platform prowess
Openbet the leading supplier of sportsbook services for tier-1 operators is ready to showcase its full product catalogue at the Betting on Sports Europe Conference (7-9 June, Twickenham Stadium, London). Ahead of the show, Chief Product Officer Nikos Konstakis informs SBC that a winter World Cup will be the biggest test of sportsbook’s platform reliability and content capabilities. ___________ SBC: …
Read More »MaximBet signs Nicki Minaj to ‘vastly broaden’ its audience
MaximBet, a sports betting and online casino brand in partnership with Maxim, has signed a deal with Nicki Minaj who will become an Investor, Advisor, and Global Ambassador of the firm. Under the terms of the agreement, the US rapper will assist MaximBet with merchandise, parties, partnerships, fan experiences, and branding ‘all designed to bring together’ entertainment, sports, celebrity and …
Read More »Allwyn SPAC merger faces slight delay in light of NYSE downturn
Dealmakers of Allwyn Group’s agreed SPAC merger with Cohn Robbins Holdings Corp (CRHC) have signalled that lottery conglomerate listing on NYSE will be temporarily delayed. The transaction that was expected to be finalised during Q2, has been put back due to US stocks plummeting, amid fears of a pending global recession. The Times reports that “the transaction will now not …
Read More »Coolbet founder Jan Svendsen calls for an overhaul of GAN leadership
The leadership of GAN has come under fire from Jan Svendsen over the management of its Coolbet sportsbook subsidiary and further corporate matters. In a LinkedIn post titled ‘GAN needs new leadership’, Coolbet Founder Svendsen lambasted GAN Chief Executive Dermot Smurfit’s management of the company, its staff, key contracts and assets. Svendsen, who sold Coolbet to GAN in 2021 for …
Read More »Sportech confident of EBITDA positive year results despite Lindley CEO exit
Sportech Plc has issued a business update, informing investors that Andrew Lindley has chosen to step down as Chief Executive of the London AIM wagering and racing systems provider. Investors were informed that Lindley would not stand for re-election as company leader ahead of today’s AGM. Lindley’s departure comes less than a year in charge of Sportech, in which he …
Read More »Parvus activist fund builds shareholding in Flutter Entertainment
Flutter Entertainment Plc has disclosed that London activist fund Parvus Asset Management has built a 7.1% shareholding in the FTSE100 betting group. The activist’s shareholding was brought to the public’s attention, as Flutter informed investors that Parvus had reached its ‘7% threshold on voting rights’ that required disclosure to markets. Parvus’ 7.1% shareholding has been built by ‘way of equity …
Read More »FanDuel’s Amy Howe to participate in keynote fireside chat at SBC Summit North America
—– Howe to be interviewed by CNBC host Contessa Brewer —- Amy Howe, the CEO of FanDuel, will discuss the current state of play and her vision for the future of mobile gaming during a special keynote session at July’s SBC Summit North America 2022 conference and tradeshow. FanDuel Group is the largest mobile gaming operator in North America across …
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