Blockchain-based betting exchange BetDEX has lauded the completion of a key commercial objective for 2023, adding Indian Premier League (IPL) markets to its platform. BetDEX hopes to further extend its reach in global betting markets by incorporating cricket, which will sit alongside football, American football and basketball as one of its three primary offerings, with plans for further expansion in …
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SIS’ Competitive Gaming builds on ‘considerable footprint’ with two hires
SIS (Sports Information Services) has made two new hires for its growing esports division, appointing Jacob Howard and Aaron St Pierre as Esports Product Manager and Trading Manager, respectively. A long-standing division of SIS’ business, the firm’s Competitive Gaming esports segment has been enhanced and rolled out internationally over the past two years, having made market entry in South American …
Read More »Owners looking at options for Belgian bookmaker Betfirst Group
Belgian sports betting firm Betfirst Group is likely to be put up for sale after parent media organisation Sagevas SA asked Rothschild Bank to investigate options for the company. Sagevas’ investors, driven by founding shareholder IPM group, have agreed to ‘examine the strategic options’ for the bookmaking operation, with a sale to a third party a likely outcome. Betfirst received …
Read More »DAZN Bet clinches PFL deal to kickstart 2023 brand visibility
The Professional Fighters League (PFL), an MMA promotion targeting European expansion, has signed DAZN Bet as a commercial partner. DAZN Group’s newly launched online sportsbook and igaming brand will become the official bookmaking partner of the PFL for the remainder of 2023, as the league’s European division makes its debut this Saturday in Newcastle, UK. Mark Kemp, DAZN Bet CEO, …
Read More »Betfair: Boris future in peril as Sunak sees best week as PM
A week of contrasting fortunes cast on PM Rishi Sunak and leadership adversary Boris Johnson sees Betfair Politics revise its markets on the future of a divided Conservative Party. The passing of a revised Northern Ireland Protocol Bill has strengthened PM Sunak’s credentials to lead the Conservatives into a likely 2024 General Election. Former PMs Boris Johnson and Liz Truss …
Read More »SOFTSWISS saves partners €16m in fraud prevention activities
SOFTSWISS’ Anti-Fraud team processed close to 62,000 requests in 2022, saving its operator partners close to €16m over the course of the year. The number of requests processed is a 53% increase on the year previously. SOFTSWISS noted that in Q4 of 2022, the money saved “almost doubled against Q1 2022, showing impressive growth at 88%”. Ilya Nesterau, Anti-Fraud Team …
Read More »GiG secures Maryland and Pennsylvania licence in continued US push
Gaming Innovation Group (GiG) has received an online sports wagering operator licence in Maryland and a full Interactive gaming manufacturer licence in Pennsylvania. The licences come ahead of the brand launching new partner brands on its technology and further expanding the regulatory reach of its iGaming platform and sportsbook in North America. Along with GiG’s multiple live and upcoming partners …
Read More »STS Group hits peak performance to close bumper 2022
Rounding off its first year as a Warsaw Stock Exchange (WSE) business, Polish and CEE betting operator STS Group SA reports 16% year-on-year revenue Increase and 29% boost in net profit, Maintaining its dominant Polish market share and CEE pole positions, STS reported a consolidated revenue of PLN 579m for 2022, marking a 16% increase from PLN 498m in 2021. …
Read More »News Corp gets cold feet on Betr investment
Concerns are mounting on the future of Betr, as Australian news sources report growing rifts between the owners of the company. Betr, which made its market debut during last year’s Spring Carnival, is a new Australian sportsbook venture led by Matthew Tripp’s TGW business, with the support of the Tekkorp Las Vegas fund and the Murdoch family’s News Corp media …
Read More »David Yatom to spearhead Soft2Bet compliance as General Counsel
Soft2Bet has moved to bolster its oversight of compliance, legal and regulatory activities, appointing David Yatom as General Counsel. Yatom will lead the group’s initiatives in these areas, with a focus on coordinating an expansion strategy on existing and emerging regulated markets, tying in with the firm’s corporate and commercial targets. The new hire brings previous experience in this field, …
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