Issuing a corporate statement, the governance of FTSE100 gambling group GVC Holdings has this morning called for an end to all ‘UK sports-betting broadcast advertising, at any time of the day’. In its statement, GVC declares that it believes that the inbound ‘TV whistle-to-whistle’ advertising ban, set to be implemented from 1 July will not serve the industry for its …
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Hosting a press conference, Sweden’s Minister for Public Administration Ardalan Shekarabi has confirmed that the government will undertake a review of ‘aggressive marketing practices’ attached to licensed gambling incumbents. The Swedish government has sanctioned the Gaming Market Commission – Spelmarknadsutredningen to carry out the review – assessing whether to implement new tools or restrictions on ‘overly aggressive’ marketing practices. In …
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German legacy online betting brand mybet will relaunch its player operating services/functions utilising EveryMatrix software provisions. Issuing a market update, EveryMatrix informs that its GamMatrix system will be used as mybet’s lead player management platform – providing services and extensions for seamless wallet integrations, CMS, in-depth customizable reporting, fraud detection and prevention tools. In addition, mybet will be further serviced …
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Stockholm-listed sports betting platform and systems provider Kambi Group Plc has detailed a strong opening to 2019 trading, recording a 28% group revenue increase to €21 million (Q1_2018: €16.5m). Updating investors, Kambi maintains its positive momentum detailing that client operator growth has improved by 46%. The Stockholm enterprise continues to strengthen its commercial pipeline, signing two new operator contracts during …
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Stockholm-listed Kindred Group Plc reports a tough opening to its 2019 trading, as the online gambling group undertakes a series of adjustments related to its home market of Sweden. Publishing its unaudited Q1 2019 trading update , Kindred maintains its strong group revenue momentum recording ‘Gross winnings’ of £224 million (Q1 2018: £208m), However Swedish market costs have impacted metric …
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Richard Thorp long-term commercial lead for sports betting platform and systems provider FSB Tech, has confirmed through a Linkedin update, his departure from the company as Business Development Director. A seasoned executive in industry commercial development and marketing, Thorp has served as FSB’s commercial lead since 2014, joining the firm’s founding enterprise team from the Racing Post. Charged with leading …
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Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has detailed a new dawn for its SG Digital division, launching new vertical ‘OpenSports’ – an ‘unparalleled suite’ which will maintain its entire sports betting product inventory. Updating the market, SGC states that the launch of OpenSports marks ‘the transformation of its Sportsbook product vision’, delivering an enhanced stack of solutions and …
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Italian betting incumbents will be forced to undertake further market adjustments as Lega MP and Undersecretary for Sports, Giancarlo Giorgetti confirms a wagering ban on all sports deemed to be played/participated at an amateur level. The Lega-5Star coalition government has sanctioned Italian gambling regulator AAMS to issue a new decree, which implements an outright ban on wagers placed on ‘competitions exclusively …
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Sportradar has united with SportsGrid for the launch of the first free, 24-hour network dedicated to the sports betting audience. The exclusive partnership elevates the consuming experience for sports fans, combining Sportradar’s ad tech, OTT technology and data with SportsGrid’s engaging original programming providing fans with accurate coverage and analysis of stats and odds across professional sports. Jason Sukhraj, SVP US …
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Stockholm-listed sports betting platform supplier Kambi Group Plc has strengthened its partnership with Bulgarian National Lottery operator JSC securing an ‘extended sportsbook agreement’. The enhanced partnership will see Kambi continue to act as lead sportsbook supplier of JSC’s flagship 7777.bg brand within the Bulgarian market, a contract Kambi has maintained since 2017. In addition, JSC has commissioned Kambi to support …
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