Frankfurt Xetra-listed online betting group bet-at-home AG has detailed a strong start to 2019 trading, with core corporate metrics ‘significantly above last year’s levels’. Publishing its first quarter 2019 trading update (period ending 31 March), bet-at-home records a 12% increase in group revenues to €37.2 million (Q1 2018: €33.2m) as the bookmaker benefits from an increased wagering volume of €827 …
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Issuing a short corporate statement this morning, Stockholm-listed sports betting platform supplier Kambi Group Plc has confirmed that it will provide a sportsbook vertical for William Hill’s Swedish market operations. The FTSE betting group enters the re-regulated Swedish online gambling marketplace having acquired the assets of European online gaming group MRG Group (Mr Green) for €270 million (deal completed January …
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Hard Metrics the strategic joint-venture formed by Metric Gaming and Bethard Group has announced its first commercial partnership, powering the launch of Toro Bet Mexico. Entering 2019, Metric Gaming and Bethard Group formed joint-venture Hard Metrics, delivering turnkey sports betting platform provisions for a changing North American market. Announcing its first partnership, new Mexican sportsbook Toro Bet will be powered …
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In response to the new ‘National Strategy’ on gambling harm reductions rolled out by the UK Gambling Commission, online casino 32Red has stated that “a blanket ban on sponsoring clubs will not stop problem gambling.” The statement follows the recent announcement that 32Red has penned a new sponsorship deal with Derby County Football Club, which sets out to sponsor the …
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Issuing a corporate statement, the governance of FTSE100 gambling group GVC Holdings has this morning called for an end to all ‘UK sports-betting broadcast advertising, at any time of the day’. In its statement, GVC declares that it believes that the inbound ‘TV whistle-to-whistle’ advertising ban, set to be implemented from 1 July will not serve the industry for its …
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Hosting a press conference, Sweden’s Minister for Public Administration Ardalan Shekarabi has confirmed that the government will undertake a review of ‘aggressive marketing practices’ attached to licensed gambling incumbents. The Swedish government has sanctioned the Gaming Market Commission – Spelmarknadsutredningen to carry out the review – assessing whether to implement new tools or restrictions on ‘overly aggressive’ marketing practices. In …
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German legacy online betting brand mybet will relaunch its player operating services/functions utilising EveryMatrix software provisions. Issuing a market update, EveryMatrix informs that its GamMatrix system will be used as mybet’s lead player management platform – providing services and extensions for seamless wallet integrations, CMS, in-depth customizable reporting, fraud detection and prevention tools. In addition, mybet will be further serviced …
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Stockholm-listed sports betting platform and systems provider Kambi Group Plc has detailed a strong opening to 2019 trading, recording a 28% group revenue increase to €21 million (Q1_2018: €16.5m). Updating investors, Kambi maintains its positive momentum detailing that client operator growth has improved by 46%. The Stockholm enterprise continues to strengthen its commercial pipeline, signing two new operator contracts during …
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Stockholm-listed Kindred Group Plc reports a tough opening to its 2019 trading, as the online gambling group undertakes a series of adjustments related to its home market of Sweden. Publishing its unaudited Q1 2019 trading update , Kindred maintains its strong group revenue momentum recording ‘Gross winnings’ of £224 million (Q1 2018: £208m), However Swedish market costs have impacted metric …
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Richard Thorp long-term commercial lead for sports betting platform and systems provider FSB Tech, has confirmed through a Linkedin update, his departure from the company as Business Development Director. A seasoned executive in industry commercial development and marketing, Thorp has served as FSB’s commercial lead since 2014, joining the firm’s founding enterprise team from the Racing Post. Charged with leading …
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