Technology

The latest technology news for the gambling industry, sponsored by Finnplay

Brazil on Michael Jack’s agenda as new Sportingtech CTO

Brazil on Michael Jack’s agenda as new Sportingtech CTO

Michael Jack has joined Sportingtech’s global expansion plans, as the sports betting solutions supplier eyes up emerging opportunities in Latin America. The company’s new Chief Technology Officer (CTO) will take on the leadership position for the company’s technological development, with the ultimate goal being to provide a solid backing for expansion into regulated markets. Emerging markets – particularly the looming …

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BetConstruct launches Multi-Wallet in latest crypto journey step

BetConstruct launches Multi-Wallet in latest crypto journey step

BetConstruct has made another update to its payments provisions with the launch of its Multi-Wallet Solution, designed to enable bettors to use funds from differing wallets and currency types. The Armenia-based B2B software solutions provider has been on a crypto crusade of late, striving to further integrate digital currencies in the igaming ecosystem via its products and services. In its …

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Sportech signals end to AIM trading 

SBC News Sportech signals end to AIM trading 

The board of Sportech Plc has informed investors of its intentions to cancel the trading of ordinary shares on the London AIM Exchange. The recommendation follows a comprehensive review by the board considering “the pros and cons of the company being publicly traded on the London AIM”.   The review highlighted substantial costs (both monetary and other) tied to being a …

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Quantum Metric: Digital complexity breeds need for efficiency and speed

Quantum Metric: Digital complexity breeds the need for efficiency and speed

As the technology available to businesses offers ever more potential, the task of managing digital resources continues to become increasingly important, but also significantly more complex. We spoke with Mario Ciabarra, CEO of continuous product design specialist Quantum Metric, to discover how betting and gaming operators can drive this ongoing change effectively and gain the maximum benefit from their investments …

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Allwyn ready for UK landing backed by solid Q2 trading

SBC News Allwyn ready for UK landing backed by solid Q2 trading

Allwyn International cites confidence in achieving its full-year 2023 corporate objectives as group subsidiaries (legacy and acquired) maintain ‘organic growth’.  Publishing its Q2 ‘preliminary results’, an enlarged Allwyn sees its lottery portfolio generate consolidated revenues of €2bn for the first time and adjusted EBITDA of €381m (+35%). Headline growth reflects a 115% year-on-year increase, primarily driven by the recent acquisition …

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Michael Boylan takes on COO duties at Pragmatic Solutions

SBC News Michael Boylan takes on COO duties at Pragmatic Solutions

Pragmatic Solutions has strengthened its c-level leadership team with the appointment of Michael Boylan as Chief Operating Officer, bringing with him a ‘wealth of experience’ of the betting industry. Boylan’s chief responsibilities will be to drive value for Pragmatic Solutions’ client operators across its active markets of the UK, Spain, Germany, Ontario, Romania, Hungary and Estonia from its Gibraltar headquarters. …

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TPD nets ‘Valley Pro’ Jeremy Doig as NED

SBC News TPD nets ‘Valley Pro’ Jeremy Doig as NED

Total Performance Data (TPD) has announced that Silicon Valley enterprise expert Jeremy Doig has joined its business as a non-executive director (NED). A 35-year technology veteran, Doig has most recently served as CTO of the Disney+ network, overseeing the streaming giant’s team of over 2,500 developers working on technologies for ESPN+, Hulu, Star+ and Disney+.  Recognised as a ‘Valley figurehead’ …

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BetMakers maps out 2024 cost-reduction programme 

BetMakers pon ‘path to profitability’ with restructuring and cost reduction

BetMakers has notified investors that it expects to “normalise its operating cost base” by the end of full-year 2024 trading. The objective was outlined in the concluding statement of the ASX wagering technology group’s FY2022/2023 investor update, published on 30 August. Tough trading saw BetMakers miss the targets of its corporate consensus as group revenues increased by only 3.7% to …

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EveryMatrix hits peak momentum ahead of DeepCI makeover

EveryMatrix

EveryMatrix continues its record-breaking streak announcing its seven consecutive quarters of growth on key commercial metrics.  The igaming technology and platform supplier published its Q2 2023 results, generating net revenues €27m, up 82% year-on-year and 15% quarter-on-quarter comparatives. Operating on its ‘highest ever profit margin’ of 55%, EveryMatrix declared Q2 EBITDA of €15m up 15% on 2022 results and 42% …

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