The SBC Awards North America 2022 will see the biggest brands in sports betting and gaming compete for the top prizes, with BetMGM, Caesars, DraftKings, FanDuel, Penn Interactive, PointsBet, and Rush Street Interactive all making the shortlists announced today. The winners of the 27 operator, supplier, and affiliate categories will be announced in front of an audience of 600 senior …
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Coolbet has joined the International Betting Integrity Association (IBIA) following its approval to offer online gambling services in Canada. Part of the Vincent Group acquired in 2021 by GAN – a North American B2B and B2C internet gambling company – the operator also holds operating licences in Malta, Sweden and Estonia. Endre Nesset, Senior Vice President of Global Sports at …
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2022 is all about maintaining a European legacy while also making leaps forward in the US market. That was the key focus for Alex Kornilov, CEO of Betegy, as he outlined the company’s plans for 2022 and beyond. In an interview with SBC News, Kornilov discussed the holistic approaches that Betegy has been taking to customers, global markets and case …
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Catena Media has acknowledged that there has been interest from third party businesses seeking to acquire some of its assets. The betting affiliate and publishing group has noted particular interest in its financial trading segment, the ‘Ask Gamblers’ flagship casino brand and ‘certain other’ areas of its global operations. Addressing the third party interest in its business, Catena’s strategic review …
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Sportradar AG has outlined confidence in achieving its full-year 2022 commercial and US growth objectives following a ‘fast start to year trading’. Publishing its Q1 trading results (period ending 31 March), the Global Nasdaq-listed sportstech firm registered group revenues of €168m up 31% on corresponding 2021 results of €128m. Period trading saw Sportradar register double-digit revenue growth across its core …
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Light & Wonder Inc, the new corporate identity of a transformed Scientific Games Corporation (SGC), has outlined to investors its objective of achieving a $1.4 billion EBITDA target by 2025. The 2025 earnings target declared to investors will require Light & Wonder to match a compound annual growth rate (CAGR) of 15%. The Nasdaq technology group, which during Q1 trading …
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Catena Media has detailed a ‘solid quarter’ across during Q1 2022, as the group’s revenues increased by 11% year-on-year, driven by continued expansion in North America. Updating investors, the gambling affiliate and media publishing group announced revenue of €45.2 million (2020: €40.7m), whilst EBITDA rose by 2% to €25.6 million (€20m), albeit with a decreased margin of 57% (61%). Revenue …
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The latest issue of SBC Leaders Magazine, number 20, is published this week with a brand new addition to the editorial format. In keeping with the magazine’s remit to pursue news and developments in new markets, it now includes a dedicated Canada section. Kicking off proceedings is an interview with Shelley White who shares her journey into the betting industry …
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Genius Sports has reaffirmed confidence in achieving its full-year 2022 financial objectives, irrespective of ongoing market headwinds and adjustments. Publishing its Q1 2022 trading update (period ending 31 March), Genius registered corporate revenues of $86 million, up 60% on Q1 2021 comparative results of $54 million and outperforming its ‘expected guidance’ by 10%. Headline growth was attributed to increased demand …
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SBC Summit North America 2023 has been confirmed for May 9-11, when the region’s leading sports betting and igaming event will return in significantly expanded form at Meadowlands Exposition Center in Secaucus, New Jersey. The conference and tradeshow has enjoyed strong growth since its launch in 2019 and has established itself as the place for the U.S. and Canadian online …
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