Sportsbook

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 …

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 …

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 …

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 …

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 …

Betway has secured access to the Buenos Aires betting and gaming sector, securing a licence in the city via its partnership with Bingo Pilar. Granted by the Loteria de la Ciudad de Buenos Aires (LOTBA), the licence enables access to the city’s three million consumers – although it does not extend to the province, which exists under a separate licensing …

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 …

The Global Lottery Monitoring System (GLMS) has detailed that it generated over 300 alerts and notifications during the first quarter of the year.  Of these alerts, 243 were sent out prior to the start of a fixture, with a further 12 based on in-play odds changes and 45 triggered after the end of a match.  Only 14 were classified as …