The SBC Awards North America 2021 saw a number of operators recognised for their contributions to the industry, including BetMGM, DraftKings, IGT PlaySports and Scientific Games. An audience of over 400 executives from the U.S. and Canadian sports betting and igaming scene attended the inaugural edition of the awards at The Edison Ballroom for a celebration of the sector’s achievements …
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Leadership of Genius Sports Inc has purchased over 280,000 of common shares of GENI stock following the sportstech group’s November slump on the NYSE. The trade was led by chief executive Mark Locke, who purchased 50,000 GENI shares at a projected cost of $10.02 per share – a transaction that would have cost him circa +$500,000. Locke was joined by …
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Codere Online has made its entry on the Nasdaq stock exchange, following the conclusion of its merger with SPAC DD3 Acquisition Corp. II, becoming the first listed wagering firm for Latin American markets. The shares and warrants of Codere Online will be listed on the Global Nasdaq stock market under the “CDRO” and “CDROW” tickers respectively. Codere Online predicts that …
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It’s not just about the revenue, said Genius Sports‘ Matt Ryter, who explains why the rapid convergence of sports and betting in the US is also driven by the desire to increase fan engagement and reach new audiences. In an interview with SBC Americas, Ryter – Head of Fan Engagement, Americas at Genius Sports – looks at how sportsbooks can differentiate …
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Colossus Bets has filed a US Patent lawsuit against DraftKings in relation to the infringement of its Cash-Out product. The lawsuit has been filed with the District Court of Delaware and sees Colossus accuse DraftKings of infringing seven patents across sports betting and gaming products that are incorporated within its Cash-Out feature. Global law firm DLA Piper will represent Colossus …
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“Despite the market maturing, it’s clear that some operators are still poorly serviced by their current suppliers, so as contract renewals come into play, it’s game on across the supplier sector.” Strong words from FSB‘s Mike Van Ermen, hot off his recent promotion to Vice President of Business Development, North America. He joined Bob Akeret, VP of Operations, to provide …
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Sportradar has further enhanced its portfolio of integrity clients by securing an agreement between its Sportradar Integrity Services (SIS) division and the Swiss Handball Federation (SVF). The multi-year agreement will see Sportradar provide bet monitoring services to the SVF using its Universal Fraud Detection System (UFDS), covering men’s and women’s senior matches at both youth and senior level, including the …
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Latin America is increasingly drawing the attention of many major international betting operators, but according to Tenlot CEO Yossi Abadi many are not properly taking into account local factors when launching their products. A number of major international betting and gaming operators have been weighing up their options in Latin America in recent years, with Flutter Entertainment most recently signing …
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Flutter Entertainment has entered into an agreement with Brazilian multinational mass media corporation Grupo Global, providing the company with daily fantasy sports (DFS) via its FanDuel subsidiary. The multi-year agreement will see Grupo Global’s Cartola FC brand receive DFS services from FanDuel, with the main focus of the deal revolving around the launch of Cartola Express, a paid DFS platform. …
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Sports betting operators in the US need to prepare now for the huge revenue opportunities that igaming will provide when legislation permits, according to experts at SBC Advisory Partners. The consultancy service, which will be exhibiting at the upcoming SBC Summit North America, believes the figures coming out of New Jersey underline the importance of sports betting and igaming working …
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