Sportsbook

The latest sportsbook news for the gambling industry, sponsored by Betting on Sports Europe

EveryMatrix looks to overseas opportunities as Q1 revenue rises 14%

EveryMatrix

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 …

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EBET attributes 166% quarterly revenue rise to European expansion

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 …

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Genius Sports signs live data and analytics deal with Benfica

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 …

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Rivalry expands into second regulated market with Australian entry

Canadian sportsbook and esports betting provider Rivalry Corp has gained market access in Australia, securing a licence from the Northern Territory Racing Commission (NTRC). The development marks Rivalry’s second market entry, building on last month’s launch in the Ontario market, and the firm has detailed it has already accepted deposits and bets in Australia.  Under the conditions of the Racing …

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Belgium betting advertising hangs in the balance as Justice Minister pushes for ban

The Belgian betting industry’s links with sports have come under the spotlight, as the country’s Minister for Justice proposes an advertising ban, according to local news outlet De Tijd. Vincent Van Quickenborn, Justice Minister, has proposed a Royal Decree which would ban most forms of advertising by the end of the year and all marketing in sports by the end …

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GiG achieves peak media performance ahead of Sportnco revitalisation

Gaming Innovation Group (GiG) has outlined its confidence in achieving its full-year 2022 commercial and strategic objectives, following a strong start to year trading. Publishing its Q1 trading update (period ending 31 March), GiG achieved ‘all-time high’ corporate revenues of €19 million up 27% on corresponding 2021 results of €15 million. Of significance, the Stockholm Nasdaq firm underlined that all …

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GiG partners with Full Games SA to make Angola market debut

Gaming Innovation Group (GiG) has secured market access to the Angolan betting and gaming sector, delivering its solutions to Full Games SA in the country.  A newly regulated market, GiG’s entry into Angola also marks its first expansion into an African nation, which the firm believes will provide a foothold for further growth on the continent as the regional betting …

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BETER expands transparency and integrity efforts across live events

Betting and gaming solutions supplier BETER has extended the scope of its integrity and transparency operations covering its live events.  Strengthening of such measures will cover the Setka Cup and ESportsBattle tournaments, with the company’s policies developed in line with the standards of the International Olympic Committee (IOC) and other international sports bodies.  “The utmost reliability of tournaments and principles …

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