Sportsbook

The latest sportsbook news for the gambling industry.

Codere Online positive of 2024 cash flow following Q2 growth spurt 

SBC News Codere Online positive of 2024 cash flow following Q2 growth spurt 

Codere Online continued its robust momentum in Q2 trading as strides were made across its European and Latin American active markets. The Nasdaq enterprise, which focuses on Spanish-speaking betting markets, reported total revenue growth of 35% year-on-year to €37m (Q2 2022: €34m), with a similar uptick of 34% for net gaming revenue to €39m (€26m). This enabled the company to …

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Europa Conference League qualifiers flag suspicious betting activity

SBC News Europa Conference League qualifiers flag suspicious betting activity

In the first round of the UEFA Europa Conference League qualifiers, two matches have been flagged for potential match-fixing. It has been reported that there were signs of suspicious gambling patterns during Armenian side Alashkert’s 6-1 second-leg win over Arsenal Tivat of Montenegro. The other was during Latvian team RFS’s 4-1 win over Makedonija GP from North Macedonia – also …

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Abios and BETER launch esoccer product to ‘fill gaps’ in sports calendar

Abios and BETER launch esoccer product to ‘fill gaps’ in sports calendar

Abios and BETER have cooperated on development of a new esoccer product for betting operators, backed by the latter’s real-time data services. The product, which will be delivered as part of Abios’ wider esports betting offering to bookmakers, will include live odds, real-time widgets and streams. Cultivation of an ‘engaging all-in-one betting experience’ complete with consistent and interactive content has …

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VGCCC warns sports to be ‘mindful of community’ with betting deals

SBC News VGCCC warns sports to be 'mindful of community' with betting deals

The Victorian Gambling and Casino Control Commission (VGCCC) has issued a warning to both sports clubs and online wagering providers in regards to partnerships between the two. The regulator has reminded sports outfits within the state that they must be mindful of community expectations around encouraging members to sign up to betting products. A media statement read: “The VGCCC is …

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Kaiyun Sports unlocks more EPL visibility with Forest deal

Kaiyun Sports unlocks more EPL visibility with Forest deal

Nottingham Forest FC has become the third Premier League club to partner with Kaiyun Sports, who will serve as the club’s front-of-shirt sponsor for the 2023/2024 Premier League season.  Kaiyun’a logo will appear on the front of the East Midlands team’s shirts for the remainder of the 2023/24 top-flight campaign. Forest will also make arrangements for any fans who have …

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Sportradar to ‘enrich the NASCAR experience’ in four-year extended deal

SBC News Sportradar to ‘enrich the NASCAR experience’ in four-year extended deal

Sportradar has announced a four-year extension of its partnership with NASCAR which will now include official betting data.  This expanded agreement will see the sports technology company fuel NASCAR’s digital media partners with live timing and scoring data, as well as drive the continued growth of betting on the sport. Eric Conrad, EVP, Strategic Partnerships & Content, Sportradar, said: “As …

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STS sponsors Polish volleyball Champions League winners

SBC News STS sponsors Polish volleyball Champions League winners

STS has entered into a partnership with Polish volleyball team, Grupa Azoty ZAKSA Kędzierzyn-Koźle.  The Polish bookmaker becomes the official club sponsor of the three-time Champions League winners, under a contract spanning three years. STS’s logo is set to appear on the front of the league shirts, as well as on LED banners, sponsor walls and other display elements of …

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Betfan puts faith in ‘new strategy’ as H1 NGR nears €5m

Betfan puts faith in ‘new strategy’ as H1 NGR nears €5m

Betfan has praised the development of its omni-channel network amid positive trading during H1, which saw the bookmaker grow its presence in its local market.  The Polish omni-channel bookmaker, headquartered in Warsaw, reported a 26% year-on-year increase in NGR to €4.7m (H1 2022: €3.5m), generating a profit of €800,000. Revenue and profit were driven by an 8% increase in overall …

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Rivalry confident in product roadmap for 2024 profitability

Rivalry

Rivalry expects to achieve profitability by H1 2024 after recording another quarter of revenue growth in Q2 2023, momentum which the firm expects to stay consistent into next year. The Canada-based firm – active in the Ontario and Australian markets, with a focus on esports – reported group-wide revenue of CAN$8.5m to its TSX investors, up 60% on corresponding Q2 …

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bet365 shares details on Kentucky as sixth US state launch

bet365

bet365 has made further announcements on its plans for Kentucky as pre-registration opens. The Stoke-based bookmaker made the decision to join DraftKings in aligning with state regulations and opening up its offering to anyone 18 and over. This is unlike Caesars and FanDuel, which announced plans to restrict online operations to 21+. “We are thrilled to welcome the great state …

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