Sportradar AG is building strong commercial momentum as it pursues its post-IPO goal of surpassing €1bn in revenue. In its Q3 report, this global Nasdaq-listed sports technology company announced a 27% increase in revenue to €255m (up from €201m in Q3 2023). Year-to-date, revenues have reached €799m, marking a 28% increase over the previous year’s €625m. Betting Technology sales rose …
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Delasport diversifies offering with PABS racing stack
Horseracing data and content provider PA Betting Services (PABS) has announced a new partnership with igaming and sportsbook platform Delasport. The deal will enable Delasport to enhance its betting platform offering through a comprehensive supply of UK and Irish horseracing data from PABS, together with UK greyhound racing data – covering a combined total of 5,000 race meetings per year. …
Read More »EveryMatrix secures largest African turnkey deal with MBet
EveryMatrix has announced it will migrate MBet from its existing software to EveryMatrix technology. Securing its largest turnkey platform partnership in Africa to date, the provider will power MBet in Tanzania and the Democratic Republic of Congo (DRC). MBet’s sports betting offering will be ‘transformed’ via the OddsMatrix digital sportsbook platform that includes access to a content catalogue of 170,000+ …
Read More »BGC’s first code handbook determined to ‘raise the standards’
The Betting and Gaming Council (BGC) has published its first Code Handbook, as it looks to give a more in depth guide on raising standards in the UK betting industry, A trio of codes have become part of License Conditions and Codes of Practice (LCCP) for members. These measures have already been implemented across the sector. At the heart of …
Read More »Flamengo star sparks concerns over Brazil football corruption
Brazilian footballer Bruno Henrique, a player of Flamengo FC, has found himself at the centre of a match-fixing investigation. Operation Spot Fixing, as it is officially known, was instigated by the Federal Police and the Public Prosecutor’s Office of the Federal District, in collaboration with the Special Action Group to Combat Organised Crime – part of the Rio de Janeiro …
Read More »PokerBaazi partners WPT amid growth of Indian poker
PokerBaazi has announced a partnership with The World Poker Tour (WPT). The deal will see the Indian poker platform host WPT tournaments online, allowing players in the country to compete in events from their homes. Navkiran Singh, Founder & CEO at Baazi Games (PokerBaazi), commented: “We are excited to join forces with the World Poker Tour and expand further in …
Read More »Kambi hit by soft Q3 margins as Becher begins reorganisation
Kambi Group Plc maintains steady trading as new CEO Werner Becher begins the strategic reorganisation of the Stockholm-listed sports betting technology group to improve profitability. Publishing its Q3 trading update, Kambi achieved corporate revenues of €43m, up 2% on 2023 comparatives of €42m. Leadership explained that “although Q3 revenue was only up 2% year-on-year, when excluding the Penn Entertainment transition …
Read More »Lithuania voids fine on TopSport accepting foreign wagers
The Supreme Administrative Court of Lithuania (LVAT) has overturned a penalty against betting firm TopSport LT for accepting remote bets from foreign customers. Last year, Lithuania’s Gaming Control Authority (LRV) imposed a €15,000 fine on TopSport following an investigation triggered by anonymous complaints submitted to the authority. The investigation revealed that TopSport had voided the gambling winnings and blocked the …
Read More »SOFTSWISS sees growing esports interest in Q3
SOFTSWISS has experienced a growth in esports interest, with the vertical’s turnover doubling in Q3 2024. The figure comes from the company’s latest sportsbook report, which highlighted that eFootball outpaced Counter-Strike 2 for a second consecutive quarter. Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, commented: “The growth of cybersports presents new opportunities; for specialised projects targeting specific audiences, esports events can …
Read More »Betbazar boosts product line-up in GR8 Tech deal
Betbazar has partnered with GR8 Tech to provide an array of sportsbook solutions for its customers. Aiming to supply a more immersive online experience for players, GR8 Tech’s managed trading services and streamlined iFrame will all be available via the Betbazar marketplace. Meanwhile, described as ‘the star of the show’ from an operator’s perspective, within the deal is also the …
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