Sportsbook

Peru will become the latest South American country to review its national gambling laws, as Congress has unanimously approved a decree project that seeks to regulate and tax an online sports betting regime. Last week, the Finance Committee unanimously approved for peer Diana Gonzales’ decree project to be reviewed by the Congress of Peru. Gonzales’ a representative of the Social …

Inside The Pocket (ITP) has hired Ruairi Boyle as its new Chief Commercial Officer, who joins from Playtech where he worked at a similar senior commercial capacity.  In an attempt to extend its ‘presence and influence’ throughout the industry, the free-to-play (F2P) aggregation platform explained that the new hire will be responsible for managing ITP’s existing partners. These include Low6,  …

Super Group has moved to expand its corporate governance, focusing on active US market growth opportunities for its flagship Betway and Spin subsidiaries.  Three months following the firm’s NYSE debut, Super Group has announced the appointment of Natara Holloway and Jonathan Jossel to its Board of Directors, effective immediately.         A US pro-sports figurehead, Natara Holloway is the current VP …

Sportradar has entered into an agreement with the Australian Ice Hockey League (AIHL), covering audio-visual distribution rights and integrity operations.  The agreement, in place until the end of 2024, will see Sportradar distribute the AIHL’s data worldwide, with the exception of Australia and New Zealand, whilst also leveraging its Universal Fraud Detection System (UFDS). UFDS will be used for bet …

Genius Sports has reaffirmed confidence in achieving its full-year 2022 financial objectives, irrespective of ongoing market headwinds and adjustments.   Publishing its Q1 2022 trading update (period ending 31 March), Genius registered corporate revenues of $86 million, up 60% on Q1 2021 comparative results of $54 million and outperforming its ‘expected guidance’ by 10%. Headline growth was attributed to increased demand …

Betclic has become central in the plans to establish ‘FL Entertainment’ – a new Pan-European entertainment conglomerate that seeks to list on the Amsterdam Euronext Exchange, targeting a + €7 billion valuation. Yesterday, French media mogul Stéphane Courbit ordered for his Banijay (Zodiak + Endmol Shine) entertainment venture to be merged with Betclic Everest to form FL Entertainment. Deal makers …

BT and Warner Bros. Discovery have introduced a 50-50 joint premium sports venture in the UK and Ireland. The collaboration sees BT Sport transferred to Warner Bros. Discovery, meaning that the BT Sport network and Eurosport UK are operated together.  Additionally, BT will gain £93 million from Warner Bros. Discovery and up to around GBP540 million by way of an …

EveryMatrix has declared that it will accelerate the development of its house games studios and US market expansion following a strong start to year trading.   Providing a Q1 trading update, EveryMatrix declared period gross profits of €14 million, up 14% on like-for-like 2021 comparative results of €12.3 million. The increase in Gross Profit was attributed to substantial growth across all …

Esports betting operator EBET has reported a quarter-on-quarter revenue increase of 166%, shortly after rebranding from its former identity as Esports Technologies.  As of 31 March 2022, EBET’s Q1 revenue stood at $19 million, with a gross profit of around $7 million and a cash position of $7.1 million – figures the firm attributed to acquisitions in the European sports …

In an expansion of its Portuguese operations, Genius Sports has partnered with SL Benfica, covering live tracking data, analytics and enhanced broadcasting. The deal will see Genius’ Second Spectrum subsidiary provide tracking technology, machine learning and AI capabilities to provide ‘statistical insight’ into the team. Additionally, the company will also conduct a broadcast role for Benfica to bolster fan engagement …