Sportsbook

Betsson Group has formed a partnership with Greek fintech company OKTO. As one of the most prominent names in the Greek igaming space, the Sweden-based multinational betting operator will integrate the OKTO.CASH cash-to-digital payment method. Betsson will leverage OKTO.CASH’s network of over 13,000 points of sale across Greece, with the solution designed to meet local market requirements and provide ‘a …

British bookmaker Fitzdares has announced the hiring of Nick Dutton as its new Chief Operating Officer. With 36 years’ experience in IT & technology roles largely within the gaming sector, Dutton joins Fitzdares with immediate effect, where he will oversee technological improvements that will drive brand growth and provide an unrivalled user experience for all Fitzdares members. The company has …

Bet365 has declared an underlying loss of £60m for the financial year of 2022/2023, attributed to expanding its technology resources and growing its corporate headcount to over 7,600 global staff. The loss was detailed in the private company’s 2022/2023 accounts, which were published on Companies House, spanning a 52-week period up to 26 March 2023. Despite the loss, Bet365 reported …

The board of Kambi Group Plc has announced this morning that Kristian Nylén has expressed his intention to step down as CEO of the Stockholm-listed sports betting technology group. Nylén, who co-founded Kambi in 2010, will resign from leadership duties upon the appointment of a successor, as the Board initiates a search for a new CEO. Having served as Kambi’s …

A total 134 betting firms have now expressed interest in operating in Brazil, with the market looking set to become one of biggest in the world. Prior to the new law that was passed to regulate sports betting and online gaming, some interested gambling companies included; Kaizen Gaming (Betano), 1XBET, Meridianbet, Pixbet, Betfair, LeoVegas, Betway and Draftkings. Further operators also …

Swedish betting operator Betsson has announced that it is now the main sponsor of Colombian football club Atletico Nacional. Strengthening the bookmaker’s footprint in Latin America, the new deal will see the company’s logo being placed on the front of the team’s men’s and women’s jerseys for the next three years.  Atletico Nacional was first established back in 1947, and …

888 Holdings has hired Ian Gallagher as its Chief Product Officer. Starting the role back in December, Gallagher will be in charge of 888’s product vision, strategy and development of its global brands and business units such as 888, William Hill, Mr Green and Sports Illustrated. Gallagher will be directly responsible for the LSE gambling group’s teams of product managers, engineers, designers, and …

Betting activity during the World Darts Championship final between Luke ‘The Nuke’ Littler and ‘Cool Hand Luke’ Humphries broke records for Kambi group.  The operator revealed that activity was up 45% compared with the 2023 final between Van Gerwen and Smith – making it the most gambled-on darts event in Kambi’s history following 16-year-old Luke Littler’s outstanding debut.  Simon Noy, …

CONAR, Brazil’s advertising watchdog, has published ‘Annex X’ of “self-regulation rules” for betting advertising campaigns, needed for the launch of the country’s pending federal sports betting marketplace. Referred to as the National Advertising Self-Regulation Council, CONAR is a non-governmental body that oversees the standards and conduct of Brazil’s advertising code implemented across all media platforms. The publishing of Annex X …

The PDC has announced that online sportsbook BetMGM is this year’s title sponsor for the Darts Premier League, taking over from Cazoo. The three-month event, now branded the BetMGM Premier League, will be held from February to May as eight players compete for £1m in prize money across 17 nights in various European cities. PDC Chief Executive, Matt Porter, commented: …