Technology

The latest technology news for the gambling industry

Scout Gaming requires desperate funding for intensive restructure

SBC News Scout Gaming requires desperate funding for intensive restructure

Niklas Jönsson, acting CEO of Scout Gaming, has disclosed that the real-money fantasy sports platform supplier has entered an intensive restructuring period.   Publishing its Interim trading report, Scout Gaming reported year-to-date corporate losses of SEK 48m (€4.5m), results which track above 2021 losses of SEK 45m. Jönsson, who replaced former CEO Andreas Ternström in June confirmed that he had initiated …

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Cybersecurity report reveals five in 10 operators at risk of DDoS attack

SBC News Cybersecurity report reveals five in 10 operators at risk of DDoS attack

The gambling industry remains a ‘lucrative target’ for cybercriminals, partly due to continued growth and tech advancement, according to cybersecurity firm Imperva. Investigating the prevalence of distributed denial of service (DDoS) attacks in Q1 2022, Imperva found that attacks against multiple sectors are ‘reaching new records in rates’, partly fueled by geopolitical unrest due to events such as the Russo-Ukraine …

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Oddin.gg gains Velo and Genting backing in £4.5m Series A raise

SBC News Oddin.gg gains Velo and Genting backing in £4.5m Series A raise

Pursuing its goal of securing a leadership position in global esports B2B betting, Oddin.gg has announced completion of a Series A funding round, raising £4.5m. The esports odds feed, risk management and iframe provider gained financial backing from current investors, as well as newcomers Velo Partners and Genting Ventures.  Oddin.gg previously raised $1.2m during a previous financing round in early …

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GiG returns to profits as Sportnco revamps commercial pipeline

SBC News GiG returns to profits as Sportnco revamps commercial pipeline

Gaming Innovation Group (GiG) rides with confidence as its business is refreshed by the successful integration of the Sportnco platform, supporting the continued record-breaking growth of its Media network.   Publishing its 2022 interim trading statement, the group declared all-time-high Q2 corporate revenues of €22m, up 37% on corresponding 2021’s €16.1m. Headline growth was attributed to the GiG Media network recording …

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Delasport adds END 2 END bingo solution to UK turnkey services

SBC News Delasport adds END 2 END bingo solution to UK turnkey services

Igaming software solutions provider Delasport has expanded its product inventory available to UK partners, who will now be allowed to offer multiplayer bingo via a new strategic partnership with END 2 END.  Announcing its latest supplier agreement, Delasport has agreed to offer END 2 END’s real-time multiplayer bingo product to UK turnkey partners. The END 2 END bingo offering will …

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20SHOTS raises new VC capital following Fantasy5 debut hit  

SBC News 20SHOTS raises new VC capital following Fantasy5 debut hit  

London-based sports betting technology studio 20SHOTS has secured a further investment of £400,000, following the successful launch of the Fantasy5 free-to-play fantasy football jackpot game.  The investment, which values 20SHOTS at £5m, has been led by Animal Capital, an LA-based venture capital fund that specialises in Gen-Z enterprise investments, and counts social media stars Josh Richards, Griffin Johnson and Noah …

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AstroPay recruitment drive continues as Sofía Lanza promoted to banking lead

SBC News AstroPay recruitment drive continues as Sofía Lanza promoted to banking lead

Sofia Lanza has been promoted as AstroPay’s Chief Banking Officer (CBO), as the payments provider seeks to maintain momentum on its international growth plans.  The new hire’s responsibilities will concern development and management of relationships with global banking and payment service providers for AstroPay, which is targeting new markets and verticals.  Indicative of its growth ambitions, the company recently announced …

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Netbet deal strengthens FeedConstruct’s European foothold

SBC News Netbet deal strengthens FeedConstruct’s European foothold

FeedConstruct has expanded its partner portfolio, signing an agreement with Netbet for delivery of its trading and risk management solutions.  Specifically, Netbet – a sportsbook and casino operator active in several European markets including the UK – will leverage the BetGuard product.  This functions as a tool for minimising the risk of financial losses and boosting profitability through secure trading …

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Pinnacle Solution to help build the Azuro decentralised betting ecosystem

SBC News Pinnacle Solution to help build the Azuro decentralised betting ecosystem

Pinnacle Solution, the B2B technology arm of low-margin bookmaker Pinnacle, has announced its first data partnership with Azuro, an engineering studio that seeks to develop online gambling’s first ‘decentralised betting ecosystem’. Pinnacle Solution’s lowest margin API feed for sports and esports pricings will be made available to all front-end engineers participating in the development of Azuro’s blockchain protocol. The protocol …

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