Stake has announced a new partnership with UFC which covers the Asian region. The deal will see the sportsbook offer co-branded promotions and VIP experiences in order to enhance its betting experience in the continent. Stake will also collaborate with the UFC on co-branded content on each side’s digital and social media channels with UFC fighters present. One of these …
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Kambi to revamp network following unsatisfactory 2023 results
Kambi Group Plc has declared that it has achieved a ‘stronger foundation for growth’, following a difficult close to year-end trading which impacted its full-year 2023 results. Publishing its Fourth Quarter and FY2023 results this morning, the Stockholm-listed sports betting technology group registered a 23% decline in Q4 revenues to €44.3m (Q42022: €58m). The decline in period revenues was attributed …
Read More »MaxBet nets record sponsorship of FK Partizan Belgrade
MaxBet, the Balkan market subsidiary of Flutter Entertainment, has announced its ‘biggest sponsorship agreement ever’ – becoming the principal sponsor of FK Partizan Belgrade. As reported by the Serbian media, MaxBet has agreed to terms on a €5.5m deal to become the ‘general sponsor’ of FK Partizan Belgrade for the next three and a half years. The deal sees MaxBet …
Read More »Kambi and PENN shake hands on retail sportsbook deal extension
Kambi Group plc has inked a new deal with PENN Entertainment that extends their previous sportsbook platform agreement past the July 2024 expiry date. Now lasting until 31 December 2025, the partnership will enable Kambi to continue supplying PENN’s retail US casinos with its sportsbook solutions lineup, such as kiosks, point-of-sale terminals, odds boards, and Bring Your Own Device technology. …
Read More »Brazil: Manssur resignation rocks final steps of Bets launch
The Ministry of Finance of Brazil has confirmed that José Francisco Manssur has resigned from his post and will no longer participate in the final procedures of the forthcoming launch of Brazil’s federal sports betting marketplace. Manssur served as a principal adviser to the government in drafting Bill No. 3,626/2023, which forms the legislative framework for Brazil to launch its …
Read More »Betano to create a ‘more inclusive environment’ at FC Porto stadium
Kaizen Gaming‘s Betano and FC Porto are making the Dragão stadium more inclusive for fans, as the operator continues to work with the top-flight club as its betting operator partner. Last weekend, the Portuguese side introduced a new sensory room called INZONE and is addressed to neurodivergent people, individuals with difficulties in processing sensory information. Some examples of this include …
Read More »FDJ to sell Sporting Solutions as future lies in B2C growth
Groupe Francaise des Jeux (Groupe FDJ) has put its B2B unit Sporting Solutions up for sale and is looking for a buyer for the company it acquired in 2019 for an undisclosed sum. As reported by Jake Pollard of Gaming&Co, the Paris EuroNext gambling group has recruited London-based M&A specialists Oakvale Partners around two months ago to lead the search …
Read More »Dabble sponsors Repco Supercars Championship
Dabble has announced a partnership with Supercars – a touring car racing category in Australia and New Zealand. The Australian betting operator, which has a social-first sports betting app, will now be named the official and exclusive wagering partner of the Repco Supercars Championship. Tom Rundle, CEO of Dabble, said: “Joining forces with Supercars represents an incredible opportunity for Dabble …
Read More »188BET to shift operations from Isle of Man back to the Philippines
188BET has announced that it is shutting down its operations in the Isle of Man as it shifts to the Philippines, changing its regulatory jurisdiction. The operator has emphasised that during the transition it will ensure ‘responsible gambling practices and continuity’ by offering players options and enhanced services under the framework of the Philippine Amusement and Gaming Corp (PAGCOR). The …
Read More »Betfair shortens odds on Labour majority as Tories stick with Sunak
The Labour Party’s odds of winning a forthcoming General Election have shortened to 1/4 following by-election wins in the constituencies of Kingswood and Wellingborough. Yesterday’s double victory sees Betfair Politics improve Labour’s odds of winning the next UK election from 1/3 to 1/4 (80%). Of significance, observers noted the significant swings of 11,000 votes in Kingswood and 18,500 in Wellingborough …
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