Sportsbook

Flutter Entertainment leadership remains confident in the group’s Australian prospects despite a slowdown in trading from the country during Q3, as outlined by CEO Peter Jackson and CFO Paul Edgeliffe-Johnson. The leadership duo addressed investors and analysts this morning after the group’s Q3 earnings call, which revealed an overall group-wide revenue increase of 8% to £2bn (Q3 2023: £1.9bn) whilst …

Stake.com has announced its entry into the Colombian market through the acquisition of Betfair Colombia and its licence, which has been approved until 2025.  This marks a significant milestone in the online casino’s expansion strategy in Latin America and its commitment to delivering ‘top-tier entertainment’ to Colombian players. Brais Pena, Chief Strategy Officer at Easygo – the operating company of …

LiveScore Group has acquired Cape Town software development partner Wonderlabz to bolster scale efficiencies of its betting and media units following a period of unprecedented growth. This morning, LiveScore announced that it had taken full control of Wonderlabz, increasing its previous 25% investment in the software studio to complete 100% ownership. Of strategic importance, the acquisition enables LiveScore to enhance …

Flutter Entertainment Plc has adjusted its 2023 full-year EBITDA guidance due to customer-friendly sports in Europe and Australia. Yet the FTSE100 gambling group maintains its core target of securing ‘structural profits’ for its US FanDuel property. Q3 saw revenue rise across the FTSE100 group’s three core segments of the UK and Ireland, the US and International, with company wide income …

Xtremepush has officilly gone live with Playr.Bet to provide the Brazilian operator with various customer engagement solutions. In detail, the engagement platform now enables Playr.Bet to foster player relationships by delivering ‘highly personalised and timely’ marketing communications, in a deal that will drive marketing ROI and player retention. The group will be leveraging its integration with igaming platform provider GiG …

Mr Vegas has been named the title sponsor of Snooker 900 – a prominent event within the World Senior Snooker (WSS) circuit. As the Videoslots-owned gambling company expands into a third sport in a matter of weeks, the event – held on 29 December at Epsom Racecourse – is set to enhance Mr Vegas’ UK visibility. Ulle Skottling, Deputy CEO …

Bragg has extended its agreement with Entain to supply the latter’s Dutch igaming operator, BetCity.nl, with its Player Account Management (PAM) platform until 2025. The gaming technology and content provider will provide its proprietary aggregated casino content, as well as deliver sports betting products to customers of BetCity.nl. Bragg Chairman and CEO, Matevž Mazij, stated: “As reflected in BetCity.nl’s strong …

Entain Plc has notified stakeholders of major share purchases initiated by leadership and board members as a sign of confidence in the long-term prospects of the FTSE100 gambling group.  A notification of share transactions on 8 November detailed that Chairman Barry Gibson had purchased 93,600 Entain shares. The transaction, valued at approximately £870,000, sees Gibson increase his personal shareholding in …

kwiff has penned a deal with the World Darts Federation (WDF) to become an official sponsor of the 2023 WDF Lakeside World Championships.  The British bookmaker partners with the competition as it enters its second edition, which is set to be held at the Lakeside Country Club in Frimley Green, Surrey.  Charles Lee, kwiff CEO, stated: “We are delighted to …

The government of Hungary has been warned that legal challenges persist on the terms of the Gambling Act (1991), despite recent amendments to liberalise remote gambling services.    The notice came from a report submitted to the Economic Chamber by Biró Marcell, the Chairman of the Supervisory Authority for Regulated Activities (SZTFH). SZTFH is the Hungarian supervisory body for regulatory and …