Sportsbook

Flutter UKI has launched a search for a ‘high potential’ startup to help serve its female customer base across the UK and Ireland.  Part of the Alpha Hub programme, Flutter’s endeavour will see its flagship brands Sky Betting and Gaming, Paddy Power, and Betfair try to capitalise on recent data suggesting that female players are a promising demographic for long-term …

DAZN has announced that the International Basketball Federation (FIBA) is bringing its live streaming service, Courtside 1891, to the platform. Increasing the visibility of FIBA World Cup and Qualifier games, DAZN will partner with FIBA and Two Circles to bring Courtside 1891 as a standalone offering on its platform. In addition to FIBA World Cup and Qualifier games being accessible …

Entain plc’s and MGM Resorts’ North American co-venture BetMGM has delivered its financial performance report for FY 2023, registering a positive EBITDA for H2. Financials The business saw its net revenue from operations grow by 36% year-over-year to $1.96bn, which represents the upper end of its $1.8bn to $2bn guidance range. Same-state net revenue from digital operations grew by 14%, …

Betano has been named the official partner of the South American Football Confederation, CONMEBOL. The deal – which will run until 2028 – sees the Kaizen Gaming-owned brand sponsor the CONMEBOL Copa America 2024, which will take place in stadiums across the US from June. Kaizen Gaming Founder and CEO, George Daskalakis, commented: “We are delighted to join forces with …

B2B gaming company Inspired Entertainment has signed a new agreement with sports betting firm Kambi Group plc to integrate the Inspired Virtual Sports product suite into the latter’s sportsbook platform. The agreement to sign Inspired as an exclusive virtual sports partner was reached after a ‘rigorous competitive procurement process’ undertaken by Kambi. For Inspired, company CEO and President Brooks Pierce …

Bettormetrics has successfully attracted Series A funding from investors Bettor Capital and Velo Partners.  Launching in 2022, the UK sports betting analytics provider has managed to expand its customer portfolio across the US and Europe with bookmakers who are utilising the company’s cloud-based analytics technology.  With the new funding, Bettormetrics will seek to further grow its client base by building …

Kindred Group Plc will continue to prioritise enhancing operating efficiencies and cost controls, with shareholders set to vote on the future of the Stockholm online gambling group. The focus on cost controls is required as Kindred published its Q4 and full-year 2023 results this morning, revealing period corporate losses of £19m (Q42022: £52m). Full-year accounts see profits ‘before tax’ decline …

Sports betting platform provider FSB has strengthened its South African presence by signing a new deal with SuperSportBet.  With the partnership, FSB will be able to distribute its sportsbook, casino and platform products through the multimedia capabilities of the South African brand owned by KingMakers Group.  Adam Smith, Chief Executive Officer at FSB, said: “This landmark partnership has been many …

Kindred Group Plc cites that improved customer interventions have led to a ‘slight decrease’ in revenue share generated from harmful gambling, recorded during the close of 2023. The Stockholm-listed gambling group continues to report on responsible gambling metrics and customer interventions on a quarterly basis as part of its ‘Journey towards Zero’- a social responsibility initiative launched in February 2021.  …

EveryMatrix has proclaimed its “best financial results in its 16-year history” as the igaming and sports betting technology group sets new growth and profitability records. Publishing its Q4 and full-year results, EveryMatrix registered a 75% increase in FY2023 consolidated net gaming revenues (NGR) of €114m (FY2022: €65m). Headline growth reflects EveryMatrix expanding its key client base across all products and …