Catena Media has revealed an ‘exceptionally strong opening’ to its 2021 trading, as the company anticipates Q1 2021 revenues to top the €40 million mark. This morning, the Stockholm-listed affiliate marketing publisher released its Q1 pre-close trading statement, alerting investors that Catena would deliver a record quarterly revenue performance. Updating investors, Catena estimated that its Q1 adjusted EBITDA will fall …
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The first edition of BETFEST is set to offer brands in the U.S. sports betting sector a valuable new way to reach and engage with both seasoned bettors and fans ready for their first experience of this exciting new industry. Organised by Sports Betting Community (SBC) in partnership with SeventySix Capital Sports Advisory, the online event on Saturday, May 15, …
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It is fair to say that the move which saw US states begin to legalise gambling within their boundaries is the biggest move the industry has seen for many years, writes Bettor Media‘s Jack Holmes. Everyone is looking to take a slice of the pie, and when you think how many people live in the US, how many sports fans …
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Just five months on from its latest instalment, and we’re ready to return to Augusta National for the 85th edition of The Masters. Despite the limited number of patrons at this year’s tournament, a return to its traditional April placement will be a welcome change from the drizzly one-off (hopefully) November edition, as world No.1 Dustin Johnson attempts to become …
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Fox Corporation has launched legal proceedings against Flutter Entertainment in relation to the former exercising its option to acquire an 18.6% stake in the FanDuel sportsbook. Flutter has argued that Fox must conduct the transaction at a ‘fair market price’, whilst the American multimedia corporation maintains that it should pay the same amount Flutter paid in December 2020. Through its …
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Spotlight Sports Group has launched Superfeed, a feed of sports betting editorial and data covering all four major US sports and leading racing content from Racing Post. Superfeed was designed to incorporate Spotlight Sports Group’s vast array of content into one product, delivering expert sports betting editorial and data in over 70 languages via a full API integration or through …
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Genius Sports has become the lead strategic data partner for the NFL, in a deal which will see it develop new fan-led experiences and commercialise existing game data provisions for the league. The partnership sees Genius become the exclusive global data distributor of NFL real-time and play-by-play statistics for all wagering-related services including sportsbook, publishing and media. Updating stakeholders, the …
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Sportech Plc has delivered better than anticipated 2020 financial performance, offsetting the COVID-19 headwinds severely impacting global horseracing events and fixtures. Publishing its full-year 2020 results, the LSE-listed wagering and racing systems provider saw its group revenues fall to £20 million, down 41% on corresponding FY2019 results of £34 million. “COVID-19 severely impacted the business resulting in a 28% decline …
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Paysafe Group begins a ‘new era’ as the digital payment services provider floats on the New York Stock Exchange (NYSE) following its combination with SPAC vehicle Foley Trasimene Acquisition II Corp. Led by US financial services magnet, William Foley II Foley Trasimene had made its initial approach to take Paysfe public last December, targeting a $9 billion valuation. March proceedings …
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“We need to be able to look ourselves in the eye and say we did everything we could,” explained William Hill CEO Ulrik Bengtsson, as he contemplated the importance of social responsibility and player protection across the betting and gaming industry. This exclusive interview with Bengtsson opens the second edition of SBC Leaders for 2021, where he shares his views …
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