Sportsbook

Entain Plc has confirmed the sale of the online betting exchange Betdaq to former owner Dermot Desmond for an undisclosed fee.  The FTSE100 gambling group issued a one-line statement, informing media of its divestment of Betdaq to the Irish billionaire financier and horseracing magnet. Desmond retakes control of Betdaq, a venture the businessman backed in the early 2000s, during the …

Sportradar has further enhanced its portfolio of integrity clients by securing an agreement between its Sportradar Integrity Services (SIS) division and the Swiss Handball Federation (SVF). The multi-year agreement will see Sportradar provide bet monitoring services to the SVF using its Universal Fraud Detection System (UFDS), covering men’s and women’s senior matches at both youth and senior level, including the …

The German Sports Betting Association (DSWV) has taken a clear stance against alleged calls from a regional Senator to ban sports betting advertising. Issuing a statement today, the trade body responded to German media reports that Ulrich Mäurer, the Social Democratic Party (SPD) Senator for the Interior of the State of Bremen, had called for the imposition of a sports …

Sports betting service Betkwiff has strengthened its standing within the Isle of Man as the company renews its B2C operating licence. The company, launched in 2015 by Anders Ström and Karl Engström – the respective Founder and Co-Founder of Unibet, detailed that it aims to open ‘opportunities for international traffic’ following its renewal. Commencing on his firm’s renewal of its …

Flutter Entertainment has entered into an agreement with Brazilian multinational mass media corporation Grupo Global, providing the company with daily fantasy sports (DFS) via its FanDuel subsidiary. The multi-year agreement will see Grupo Global’s Cartola FC brand receive DFS services from FanDuel, with the main focus of the deal revolving around the launch of Cartola Express, a paid DFS platform. …

STS Holding has published a corporate prospectus outlining the material information and timetable of the initial public offering (IPO) of STS Gaming Group (STS) on the Warsaw Stock Exchange (WSE). This summer, Poland’s Financial Conduct Authority disclosed that the Juroszek family, who control 100% of STS shareholding, had submitted a filing evaluating Warsaw IPO options for STS – Poland’s biggest sportsbook …

OPAP SA has reported a ‘further solid trading period’, as online growth credited to its newly integrated Stoiximan assets have offset continued lottery and VLTs declines.  Publishing its nine-month management performance statement, the Athens-listed gambling group registered a 16% increase in corporate revenues to €1.04 billion (YTD2020: €898m).  A breakdown of unit performance saw OPAP’s betting division achieve a 55% …

Genius Sports has outlined that its US-focused expansion strategy is on course, having experienced significant growth in the third quarter of 2021 and striking partnerships with a number of major betting operators. Publishing its Q3 2021 trading update, the NYSE-registered sports data and technology provider detailed group revenue of $69.1 million, a 70% increase on the previous year’s figure of …