Sportsbook

The latest sportsbook news for the gambling industry.

LSports marks the start of a new era with cash-out launch

SBC News LSports marks the start of a new era with cash-out launch

Real time sports betting data provider LSports will help its sportsbook partners to “manage risks, reduce exposure and improve user engagement” with the launch of a new cash-out service confirmed this week. By adding the new feature, sportsbooks will give punters the opportunity to settle bets before a sports event is concluded, said the firm. “LSports keeps improving its offering …

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Betano continues motorsports venture with FRAS extension

SBC News Betano continues motorsports venture with FRAS extension

Betano and the Romanian Sports Motor Federation (FRAS) have expanded their partnership for the National Rally Championship.  In 2023, the Romanian motorsport competition will now be named the Betano National Rally Championship (CNRB). The Kaizen Gaming-owned operator started its partnership with FRAS back in 2020, which marked the brand’s first motorsports sponsorship initiative. Dragoș Mîndreci, Country Manager Betano Romania, commented: …

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Codere Online confirms CEO departure as Nasdaq year-1 targets are matched

Codere Online

Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group.  The disclosure follows Codere Online announcing its Q4 results, which saw the company complete its first full-year trading as a Global Nasdaq business.  A ‘better than expected’ Q4 trading period saw Codere Online generate period revenues of €34m, …

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BGC praises ‘positive progress’ as UKGC reveals ‘stable’ problem gambling rate

BGC praises ‘positive progress’ as UKGC reveals ‘stable’ problem gambling rate

‘Statistically stable’ is the term of the week for the UK Gambling Commission (UKGC), which revealed that the British problem gambling rate and overall participation remained largely unchanged throughout 2022. The UKGC’s latest quarterly telephone survey put problem gambling at 0.2% throughout the whole of 2022 in comparison to the 0.3% recorded the year prior, whilst the low risk rate …

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Super Group Comms Director Alan Alger steps down from transformed Betway

Betway, Super Group

Alan Alger has confirmed on Linkedin that he is departing his position as Director of Corporate Communications for Super Group, having worked with the firm during a transformational period. Having first joined Betway Group in November 2014 as a PR Manager, Alger climbed the ranks of the operator over the following eight years to become Head of Corporate Communications and …

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Sponsorship and influencers marked ‘points of vigilance’ in ANJ marketing review

ANJ France

French gambling regulator l’Autorité Nationale des Jeux (ANJ) has detailed progress on bookmaker marketing guidelines, although rejecting Française des jeux’s (FDJ) promotional strategy.  In a review of 17 licensed independent operators and the two state-licensed companies, FDJ and Pari Mutuel Urbain (PMU), the ANJ concluded that most firms had ‘generally complied’ with guidelines and recommendations adopted in February and October last …

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News Corp to tighten investment in Betr 

SBC News News Corp to tighten investment in Betr 

News Corp, the global media conglomerate of the Murdoch Family, is reported to be scaling down its investment in Australian sportsbook challenger Betr.  As reported by the Australian Financial Review (AFR.com), News Corp seeks to “water down its investment in Betr”, the sportsbook venture of Matthew Tripp in which it owns a 47% stake. Investment concerns have grown due to …

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Sergey Tsukanov to serve ‘in an expanded capacity’ as Betby CPO

SBC News Sergey Tsukanov to serve ‘in an expanded capacity’ as Betby CPO

Betby has announced that Sergey Tsukanov has become the gambling firm’s Chief Product Officer. Extending his position and influence within the group, Tsukanov will be responsible for the continued oversight of the Risk Management and Trading teams. “I am excited to take on new challenges and drive even greater success for our organisation,” he stated. “I am grateful for the …

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