Sportsbook

The latest sportsbook news for the gambling industry.

Altenar becomes first sportsbook offered on Elantil Marketplace

Altenar logo.

Altenar has entered an agreement with igaming software provider Elantil to integrate its sports betting software into the latter’s offering.  This marks the first online sportsbook to launch on the Elantil Marketplace, with Altenar’s turnkey solution available to operators through a streamlined integration.  Giannis Papakonstantinou , Account Management Director at Altenar, said: “Altenar is thrilled about this new partnership. As …

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Entain 2024 turnaround stumbles to loss of £460m

SBC News Entain 2024 turnaround stumbles to loss of £460m

Entain Plc sees its business units return to ‘organic growth’; however, the FTSE100 group’s yearly profits have been wiped out by bottom-line impairments, write-downs, and restructuring costs totalling £860m. For a second consecutive year, Entain has declared a multi-million pound loss (after tax) for FY2024, totalling £460m. The figure further compounds the FY2023 loss of £900m, while group accounts further …

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Amelco fine-tunes CRM productivity with tech from beBettor

SBC News Amelco fine-tunes CRM productivity with tech from beBettor

Sportsbook provider Amelco has integrated real-time affluence scoring technology from beBettor.  Through beBettor’s data analytics capabilities, Amelco’s partnering UK-facing operators will be able to unlock additional marketing segmentation and custom relationship management (CRM) capabilities.  These include an Affluence Score from one to 10 assigned to each player, which is based on the customer’s postal address and wealth profile to allow …

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Flutter banks $162m profits as giant tightens grip on market shares

SBC News Flutter banks $162m profits as giant tightens grip on market shares

Flutter Entertainment has underscored its strategic execution to achieve “unparalleled global scale,” strengthening its position as gambling’s most valuable plc. The NYSE- and LSE-listed gambling group maintains a stronghold in the US while increasing its market share in the UK and Ireland, Italy, Turkey, India, and Brazil. Publishing its Q4 and FY2024 results, Flutter achieved its objective of a major …

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Hard Rock Digital to aid IBIA in strengthening US sports integrity

A compass pointing at integrity, which lays at the core of the Hard Rock Digital-IBIA deal.

The International Betting Integrity Association (IBIA) has welcomed Hard Rock Digital as its latest integrity partner focused on the US market.  Hard Rock Digital’s online sports betting platform (Hard Rock Bet) will now take an active role in contributing to IBIA’s betting integrity network with data feeds that will monitor for and flag potential sports betting threats.  Matt Primeaux, President …

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Genius Sports cuts 2024 losses as leadership sees path to profitability

SBC News Genius Sports cuts 2024 losses as leadership sees path to profitability

Genius Sports has revealed that its revenue reached $176m in Q4 2024 and $511m in the full year, increasing 38% and 24% year-over-year, respectively as leadership views a path to long-term profitability.   Publishing its financial results for its fiscal fourth quarter and full year 2024, the sports data and technology company highlighted a net loss of $28m in Q4 and …

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Genius Sports and Sportradar accused of ‘anti-competitive scheme’

SBC News Genius Sports and Sportradar accused of ‘anti-competitive scheme’

Amended complaints have reportedly been filed against both Genius Sports and Sportradar from SportsCastr Inc. (PANDA Interactive). Adding what has been described as parallel antitrust claims to its ongoing patent infringement lawsuit – first filed in October 2023 – the company asserts that the defendants ‘unlawfully tied access to the official sports data they exclusively control with their own betting …

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Unibet fined €800,000 for French self-exclusion failings

SBC News Unibet fined €800,000 for French self-exclusion failings

France’s Autorité Nationale des Jeux (ANJ) has fined Unibet (unibet.fr) a record €800,000 for a significant malfunction in its self-exclusion system that led to thousands of self-excluded players being able to access gambling services despite having signed out of the products. The issue affected iOS users, lasted nearly two years and led to ANJ issuing its largest fine to date, …

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Cosmobet: How ‘new hub of innovation’ Ukraine is transforming the market

Kyiv, Ukraine

Mykhailo Zborovsky, Beneficiary of the Ukrainian Gaming Platform Cosmobet, writes for SBC News about the state of play for the nation’s online gambling market and how it has evolved since legalisation in 2020 even during war. The Ukrainian gambling industry has undergone substantial transformations, creating promising opportunities for further development. Since the legalisation of online gambling in 2020, the market …

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Altenar strengthens position in the Czech market with MerkurXtip

SBC News Altenar strengthens position in the Czech market with MerkurXtip

Altenar has signed a partnership with MerkurXtip to provide its fully-managed sportsbook solution to the Czech operator. Part of the Merkur brand, formerly known as the Gauselmann Group, MerkurXtip CZ launched in 2022. The platform provides over 200 slots and sports betting across a wide variety of sporting events. Sam Hill, Sales Director at Altenar, commented: “The Merkur Group is …

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