Sportsbook

Codere SA has completed its Global Recapitalisation Programme, lowering the net debt of the Spanish gambling group to “approximately €65m”. The recapitalisation programme was agreed in June 2024, as Codere creditors agreed to reduce the firm’s long-standing debt from around €1.4bn to approximately €190m. The debt-reduction plan received majority approval from 90% of Codere creditors, who were given until 9 …

Esports data and odds provider Abios has entered a partnership with Svenska Spel to supply its full esoccer offering.  Svenska Spel is a major market leader in Sweden, providing customers in the local regulated market with an extensive choice of online sportsbook and casino products.  As part of the deal, Kambi-owned Abios will give the Swedish operator full access to …

SIS (Sports Information Services) has launched its fixed odds numbers draws with Instasolutions’ operator partners in Africa. Brands utilising the Instasolutions platform across retail and online will now access SIS-owned 49’s live numbers draws which offer over 200,000 betting events every year, including the 49’s original live draw. Joe Andrews, Head of Sales Africa at SIS, commented: “Having the right …

Peter Jackson, CEO of Flutter Entertainment Plc has warned the UK government that increasing taxes on online gambling  will harm smaller operators and push consumers toward the black market. In an interview with the Financial Times, Jackson emphasised that higher taxes, which many states are considering, will inevitably lead to rising costs and a growing black market. Jackson participated in …

US-based online gambling firm FanDuel has teamed up with Euroleague Basketball in a broadcasting agreement spanning across the 2024/25 season.  Under the contract, FanDuel will utilise its TV channel alongside its OTT platform FanDuel TV+ to exclusively broadcast to US audiences one game from every Turkish Airlines EuroLeague Regular Season round. By doing so, the gambling company will be able …

In her first interview since being appointed Chief Commercial Officer, Sarah Robertson tells SBC News about Kambi’s new Odds Feed+ product and the potential of its expanded product portfolio. SBC: Can you give an overview of Kambi’s expanded product lineup and how it complements its Turnkey Sportsbook? Sarah Robertson: Kambi’s Turnkey Sportsbook has long been our flagship product, helping to …

The A-Leagues has extended its official media data partnership with Stats Perform. The top division of football in Australia and New Zealand will now gain the new Opta Search and Opta Stream to unlock new sponsor inventory and deepen engagement for fans of its flagship men’s and women’s competitions. “We’re pleased to meet A-Leagues’ requirements for detailed, trusted, reliable data …

Kindred Group has updated its Board of Directors with names lended by its new owner, French lottery giant Groupe Française des Jeux (FDJ). The Swedish gambling group Kindred was officially assimilated into FDJ’s stocks at the start of October, for a lump sum of €2.5bn. Following the deal, numerous Kindred board members including former Chair Evert Carlsson and the Directors …

Esportes da Sorte has continued to sponsor Corinthians despite concerns surrounding licensing. The operator does not hold a licence in the state of São Paulo, where the Brazilian top-flight football club is based in the state’s capital and eponymous city. However, as reported by SBC’s Brazil-focused betting industry news outlet SBC Noticias Brasil, the partners are confident that the agreement …

Kambi Group has partnered with Hard Rock Digital to deliver its new Odds Feed+ solution to the operator’s Hard Rock Bet brand. The US sports betting operator will access Kambi’s suite of odds across both pre-match and live betting, with odds benefitting from its turnkey sportsbook, as well as its AI trading division Tzeract.  The Hard Rock Bet brand is …