Paddy Power, the son of the owner of the bookmaker-of-the-same-name David Power, has raised over €500,000 in crowdfunding for his American SportZ Exchange (ASX) sports trading platform. The ASX project was founded in 2019 whilst a beta version was launched in 2020, and will function as a ‘stock market’ for sports, combining fantasy sports and financial markets, enabling fans to …
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Privacy is crucial when it comes to personal data. In some ways, iGaming draws many parallels with that of the financial sector and banking, said Internet Vikings CEO Peter Ekmark. He explained: “There are huge similarities [between the igaming space and financial sector]. In a way, a gaming company is exactly the same as a bank. You open an account, …
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Three quarters of sports bettors prefer picks and projections over raw statistical data, said Spotlight Sports Group VP Sales Justin Geiger, as he discussed the recent launch of Superfeed – a feed turning data into digestible insights and verdicts for sports events. As part of an exclusive interview for Gambling TV, he also explained the product’s ‘make more events matter’ …
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Q1 analysis undertaken by H2 Gambling Capital has observed that the industry has maintained B2C and B2B growth despite continued trading against volatile lockdown conditions and regulatory headwinds in Germany and the Nordics. Recording a year-on-year revenue increase of 42%, global gambling tracked a ‘weighted average EBITDA’ growth of 119%, as H2 noted that the sector’s primary growth driver was …
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The SBC Digital North America conference and trade show is set to deliver an in-depth examination of the next key steps in the development of the legal sports betting industry, with input from some of the most experienced and influential executives in the sector. The Leaders in Sports Betting conference track on June 9, the opening day of the online …
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Responsible gambling has become a key focus of many operators, with numerous companies launching initiatives, but EPIC Risk Management’s Brianne Dora-Schawohl believes that more can and should be done, particularly with regards to leveraging technology as an asset. In the latest episode of Martin Lycka’s Safe Bet Show, the VP of US Policy and Strategic Development at EPIC spoke to …
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Sportradar Integrity Services has been enlisted by the Austrian Football Federation (ÖFB) to monitor and safeguard the integrity of its domestic competitions under a six-year agreement. The deal will see Sportradar monitor over 700 matches per season from the Austrian Regional Leagues, utilising its Universal Fraud Detection System (UFDS) bet monitoring solution. “We are delighted to be working alongside the ÖFB …
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Sportradar has continued its commercial strategy of expansion in the US sports betting market by securing partnerships with the Baltimore Ravens and New York Jets of the National Football League (NFL). The agreement will see the data and analytics provider leverage ad:s – its full service, data-driven marketing solution – to refine the affiliate and marketing strategies for both teams, …
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A strong opening to year trading has led Genius Sports to raise its full-year 2021 forecasts, as the newly NYSE-listed enterprise targets corporate revenues of $250 to 260 million and adjusted EBITDA of approximately $10 to 20 million. The upgraded forecast follows Genius’ publishing of its Q1 trading results in which the sports-tech group registered a 52% year-on-year revenue increase …
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The leadership of Entain Plc is closely monitoring the planned sell-off of William Hill’s UK and European assets by new owner Caesars Entertainment. Group CEO, Jette-Nygaard Andersen, disclosed to Bloomberg that the FTSE100 firm was looking at the possibility of acquiring William Hill’s UK/European divisions, which are set to be divested by Caesars Entertainment as new owner of the heritage …
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