Sportsbook

The Betting and Gaming Council (BGC) has raised concerns regarding a recent YouGov poll of bettors on the subject of affordability checks, describing the results as a ‘wake up call’ for legislators.  According to the poll, 16% of bettors stated that they would welcome affordability checks, the wider implementation of which is under consideration as part of the 2005 Gambling …

Entain Plc has upped its expected full-year 2021 EBITDA results to be in the range of £875-to-£885 million, as the FTSE100 gambling group delivers on its high-growth targets.  Publishing a Q4 trading update, Entain cites that FY2021 group net gaming revenues (NGR) will be up 7% on corresponding 2020 results. Growth is attributed to the robust performance of its online …

Sports data solutions provider LSports has extended the reach of its BetBooster tool after securing a new deal with Pronet Gaming. Through the new partnership, the LSports bet stimulation tool will be integrated onto the Pronet Gaming platform where it will be badged as “Bet Assist”. “With Pronet Gaming already going live with BetBooster on its platform, we’re sure to see it succeed,” commented Yoav Ziv, VP …

MGM Resorts and Entain Plc have issued a joint statement on their US venture BetMGM, that targets a net revenue result of $1.3 billion for 2022 trading.  Of significance, the venture will aim to be EBITDA results positive in 2023, marking a significant milestone for the business that was launched in the summer 2018.  The two group’s aim to maintain …

XLMedia will initiate a recruitment process for a new Non-Executive Chairman, as Christopher Bell withdraws from the position to join ‘Nueva Codere‘, the business identity of Grupo Codere SA. During his nearly eight years as Chair of XLMedia, Bell oversaw the group’s IPO on the London AIM in 2014 as well as ‘a number of successful strategic acquisitions’ – the firm …

Genius Sports has expanded its pre-existing partnership with bet365 to include streaming of the National Football League (NFL) and popular association football tournaments outside the US.  As a result of the collaboration enhancement, bet365 will leverage Genius Sports’ streaming solution to ‘deliver unique new content’, with the goal of enhancing customer retention and bet placement.  The low latency broadcasts will …

Ilze Ramolina has joined Betby as a Senior Lawyer, as the company seeks to bolster its legal capacity to better navigate the compliance, certification and licensing landscape. The sportsbook supplier has underscored a goal of rapidly expanding its legal team in line with continued growth of its international commercial operations, as it looks to establish a foothold in new jurisdictions. …

​​888 Holdings hails ‘another record breaking year’, as the FTSE250 gambling group publishes its pre-close trading statement ahead of its transformative enlargement with William Hill.     Of significance, expansion within regulated markets offset German regulatory challenges for 888, as the firm detailed that a strong performance in four key markets helped drive revenue by 14% in 2021. Updating investors, the company …

Novibet has announced the appointment of Giannis Papastamou as new Head of Customer Compliance, responsible for providing strategic guidance on compliance throughout the organization, with a dedicated focus on anti-money laundering (ΑΜL) & upholding responsible gambling standards. With in-depth knowledge of the gambling industry’s strict regulations – previously at Bet365 Customer Due Diligence Department- Papastamou brings  many years of experience …

Camilla Rosenberg, Director General of Spelinspektionen, Sweden’s Gaming Inspectorate has stated that the regulator holds no objections to the re-imposition of temporary liability measures on online casino games.  Temporary restrictions on online gambling have been reintroduced in Sweden, as both the government and the Swedish Gaming Inspectorate express concerns regarding the spread of the latest COVID-19 Omicron variant .  Required …