Sports data solutions provider LSports has been granted a two-year sports betting licence from the Colorado Division of Gaming, which will allow it to deliver unique sports data solutions to operators in the state. In addition to this, LSports has extended its partnership with 888 Holdings plc to provide its sport data-services for SI Sportsbook, which launched in Colorado at …
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Sportradar has confirmed its Initial Public Offering (IPO), with the aim of raising $504 million through floating of shares in addition to a further $159 million via concurrent private placements. The Swiss-based sports data and technology company will offer 19 million shares at a price range of $25 to $28, with the concurrent private placements taking place with Eldridge, entities …
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Rob Pryce, Chief Revenue Officer for Xtremepush, highlights what leading operators are doing to optimise player acquisition and engagement, as well as the most crucial tactics and strategies for them to have in place. Everyone in the industry, particularly here in Europe, understands that the cost of acquisition is high and is rising all the time. That’s true of other …
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Flutter Entertainment has taken its legal contest with the Commonwealth of Kentucky regarding a $870 million ruling against the firm to the US Supreme Court. Describing the ruling as having caused ‘monstrous damages’ against its commercial operations, the FTSE100 company has questioned whether “an award of statutory damages violates due process when it exceeds by a factor of more than …
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Spotlight Sports Group has expanded its US offering after acquiring fantasy sports technology and media company FA Media LLC (Alarm Sports Network) in an all-cash transaction. Under the terms of the agreement, Alarm Sports Network (ASN) will fold into the Spotlight Sports Group network of brands, growing the company’s staff to more than 500 people. ASN has been responsible for …
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XLMedia has completed the acquisition of Saturday Football Inc. for a total consideration of US$23.0 million cash (c.£16.8 million), plus US$1.0 million (c.£0.7 million) in long-term incentive shares. The acquisition is the conversion of an existing agency partnership between XLMedia and Saturday Football Inc., established in December 2020, which brought about a close working relationship with management and generated a …
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Two-Up has been acquired by Toronto-based Playmaker Capital, with the latter aiming to leverage the digital media sports company to strengthen technology offerings. By acquiring Two-Up, Playmaker will incorporate a team of 24 sales and technology specialists at its two primary offices in London and Krakow, including 15 engineers with experience in the development of regulated betting products, monetisation tools, …
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Scientific Games Corporation has strengthened its position in North America by becoming the first regulated sportsbook platform provider to offer singles betting in Canada. The firm went live with its offering from day one as the regulated Canadian market embraced singles betting on 27 August. Its OpenSports product suite now powers the sportsbooks of British Columbia Lottery Corporation (BCLC), Loto-Quebec and Atlantic Lottery …
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888 Holdings maintains confidence in achieving its full-year revenues and earnings expectations ’, as ‘tougher comparatives approach during the second half of year trading, in light of ‘exceptionally strong performance in both betting and gaming revenues during 2020’. Publishing its H1 Interim results 30 June, total group revenue increased by 39% in comparison to $528 million (H12020: $379m), as 888 …
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Groupe FDJ has announced a major North American commercial expansion as its Sporting Solutions and Gaming Solutions subsidiaries have been chosen to power the Ontario Lottery and Gaming Corporation’s (OLG) first sportsbook property. The partnership will see FDJ subsidiaries provide a fully managed wagering solution for the launch of PROLINE+, OLG’s new sportsbook brand, which will serve as the province …
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