Sportsbook

FL Entertainment the parent group of Betclic has stated that strong levels of cross-sell from sports-led Betclic sites to online casino had led to 39% growth in non online sportsbook revenues. Question posed to the Amsterdam EuroNext media group asked FL Entertainment CEO François Riahi his view on the proposed €2.6bn takeover of Kindred Group by Groupe Française des Jeux …

LaLiga has signed a partnership agreement with integrity and compliance monitoring firm US Integrity (USI). The top Spanish division will now receive a real-time alert system for LaLiga EA SPORTS and LaLiga HYPERMOTION, among other services. Notably, the league will also be provided with analytical insights and engage in ProhiBet – a comprehensive prohibited betting solution, delivered by US Integrity …

A new study on the liberal practices of sports betting regulation and their effects on sports integrity protection has been released by the International Betting Integrity Association (IBIA). The paper titled ‘The Availability of Sports Betting Products: An Economic and Integrity Analysis’ was done in conjunction with gambling market data and intelligence specialist H2 Gambling Capital.  In it, a parallel …

Bet-at-home AG has declared a consolidated net loss of €1.5m for its full-year 2023 results as the Frankfurt Börse online gambling group continues to reorganise its operations. The €1.5m loss figure stands against €11m profit declared in 2022, in which the company recouped a cash reward of €11.5m from its discontinued Austrian business. Headline metrics saw group revenue drop to …

Betsson has announced that it has officially launched in Italy with its sports betting offering. Described as a ‘strategic move’, the Swedish operator looks to further demonstrate its expansion into new markets which has accelerated across multiple different regions.  Ronni Hartvig, Chief Commercial Officer of Betsson Group, described how the country has grown significantly in importance for the Betsson AB-owned …

The Australian division of sportsbook operator bet365 has landed in hot water by attracting unwanted attention from the country’s financial regulator AUSTRAC. According to the watchdog, the probe was launched based on reports of compliance shortcomings with Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The latest is part of AUSTRAC’s ‘extensive supervisory campaign’ launched last year to …

Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …

Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …

Sportradar has announced a six-year partnership with the United Soccer League (USL). Through the deal with the USL – the largest professional association football league in the US – the Swiss sportstech and data provider looks to expand its portfolio of North American partners, whilst focusing on delivery of data and audio-visual products. Sportradar has been named official betting and …

Genius Sports Inc celebrates its eighth consecutive quarter of growth, as its yearly revenue and earnings results surpass market expectations. In its full-year 2023 report released today, Genius Sports announces corporate revenues of $412m, marking a 21% increase from FY2022’s comparative results of $341m. The growth in headline revenues exceeds the NYSE betting technology, media, and data group’s expected revenue …