North America

North American news

Swifty acquires UKGC-suspended bookmaker Goldchip

SBC News 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 …

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JD McNamara: Better Collective is planting its flag in the Canadian market

SBC News 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 …

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Openbet: Winter World Cup is the biggest test of platform prowess

Copyright: fifg / 123RF Stock Photo

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: …

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MaximBet signs Nicki Minaj to ‘vastly broaden’ its audience

SBC News 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 …

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Allwyn SPAC merger faces slight delay in light of NYSE downturn

SBC News 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 …

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Coolbet founder Jan Svendsen calls for an overhaul of GAN leadership

SBC News 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 …

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Sportech confident of EBITDA positive year results despite Lindley CEO exit

SBC News 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 …

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Parvus activist fund builds shareholding in Flutter Entertainment

SBC News 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 …

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FanDuel’s Amy Howe to participate in keynote fireside chat at SBC Summit North America

SBC News 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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