Sportsbook

The latest sportsbook news for the gambling industry.

Brazil forms Secretariat to supervise duties & conduct of ‘Bets’ market

SBC News Brazil forms Secretariat to supervise duties & conduct of 'Bets' market

Brazil has advanced the launch of a regulated federal sports betting marketplace in 2024, as the Ministry of Finance fulfills the key requisite of forming a ‘Special Secretariat’ to monitor and report on market activities. Detailed via a decree published by the Ministry of Finance, the Brazil ‘Bets’ marketplace will be supervised by the ‘Secretaria de Prêmios e Apostas (SPA)’ …

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Kindred nets largest ever ambassador deal with female boxers

SBC News Kindred nets largest ever ambassador deal with female boxers

Kindred has announced that three world champion women boxers have become brand ambassadors for its Unibet division. The new sponsorship of Raven Chapman, Ellie Scotney and Nina Hughes has been named the ‘largest ambassador deal with active female boxers in the UK’ – in terms of both length and value. Sam Mead, General Manager Kindred Group, emphasised: “Interest in women’s …

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OKTO links with Modulus in second betting partnership of 2024

SBC News OKTO links with Modulus in second betting partnership of 2024

OKTO has formed a wide-reaching international agreement with gaming systems platform Modulus. In its latest move in the international gambling sector, OKTO’s core areas of focus in the deal will be Europe and Latin America, with the latter region high on the company’s agenda for 2024 as Brazil finalises the regulations for a nationwide betting market. Specifics of the deal …

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FSB launches in-house Bet Builder tool for trans-continental football league odds

SBC News FSB launches in-house Bet Builder tool for trans-continental football league odds

Sports betting platform FSB has launched its automated Bet Builder product as part of its latest updated offering.  The new tool is fully powered by FSB’s in-house football pricing models, delivering a selection of pre-built Bet Builder bets for individual matches.  The odds content will cover around 100,000 matches per year across various international top-flight and lower leagues in both …

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OpenBet enlarges business as new home of IMG ARENA 

SBC News OpenBet enlarges business as new home of IMG ARENA 

Endeavor Co, the NYSE-listed sports and entertainment fund, has announced that it has integrated the business of IMG ARENA “under the banner of OpenBet”. The strategic decision to combine both technology businesses is required to execute commercial opportunities servicing key clients within the global sports betting and gambling sectors. As announced this morning: “The integrated entity will leverage the individual …

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Kindred builds up sportsbook offering with Stats Perform content

SBC News Kindred builds up sportsbook offering with Stats Perform content

Kindred has entered into an agreement with Stats Perform to enhance its proprietary sportsbook platform, Kindred Sportsbook Platform (KSP). Kindred and Stats Perform have signed a new agreement that will enhance the Kindred Sportsbook Platform (KSP) offering.  The deal will see Stats Perform’s RunningBall and Opta product suite being integrated into Kindred’s solution, accompanied by real-time sports data feeds and …

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Riksdag to review match-fixing data compliance orders with GDPR rules 

SBC News Riksdag to review match-fixing data compliance orders with GDPR rules 

Sweden’s Riksdag has been ordered to review a ‘memorandum for referral‘ proposing further tightening of gambling laws to protect against match-fixing. Authorized by the government, the memorandum has proposed amendments to Sweden’s Gambling Act of 2018 to allow “gambling licensees the right to process information on infringements related to or suspected of being involved in match-fixing.” The amendment requires the …

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Bet365 launches in Indiana in continued US expansion

SBC News Bet365 launches in Indiana in continued US expansion

bet365 has officially launched into Indiana through a partnership with the French Lick Resort. Indiana becomes the eighth state of the British bookmaker’s expansion in the US, which already includes Kentucky, Louisiana, Virginia, Ohio, New Jersey, Iowa and Colorado. A bet365 spokesperson said: “At bet365, we don’t do ordinary, and as the home of the country’s first professional baseball game, …

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Sportradar’s Alpha Odds recalculation tool lifts client profits by 10% 

SBC News Sportradar’s Alpha Odds recalculation tool lifts client profits by 10% 

Sportradar has reported that its automated odds recalculation tool, Alpha Odds, delivered an average profit increase of 10% for clients in 2023, compared to the performance of its conventional odds product.  The tool, which allows operators to generate bespoke betting prices in line with their risk exposure and liabilities, was launched in 2022 and boasts a client roster of more …

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Genius Sports unveils Edge as game changer for sportsbook’s risk-&-rewards

SBC News Genius Sports unveils Edge as game changer for sportsbook’s risk-&-rewards

Genius Sports claims that it has delivered the most accurate automated pricing tool for sportsbooks with the unveiling of its new ‘Edge‘ pricing solution. A key product launch for 2024, Genius Sports brands Edge as “a first-of-its-kind automated pricing tool that enables sportsbooks to maximize profits across unlimited sports events and bets concurrently.” Edge utilizes Genius Sports’ wider capabilities in …

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