Sports betting platform and systems provider Kambi has strengthened its commitment to integrity after becoming the latest to join the International Betting Integrity Association (IBIA). Under the terms of its membership, Kambi will be able to both utilise the IBIA’s global monitoring and alert platform, as well as feed data into the platform in order to strengthen betting integrity. The …
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Guy Cohen, SVP, Head of B2C at 888 Holdings, discuss his company’s BetBright deal, operating in the newly regulated US sports betting market, and making plans to restore poker to its former glory. SBC: You have been on an acquisition spree lately. Can you explain the philosophy behind this, particularly regarding your BetBright purchase? GC: Sport was the missing link …
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In its biggest sponsorship deal in over a decade, Birmingham City Football Club has named BoyleSports as its new principal partner until the end of the 2020/21 season. The new agreement will see Ireland’s largest independent bookmaker’s logo displayed on the front of the men’s team playing kit and replica shirts, replacing the current 888Sport logo from the most recent …
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888 has secured the long-term product development strategy for its 888Sport division after acquiring the BetBright sports betting platform for £15 million. The platform will be integrated into 888’s proprietary gaming backend, giving the online gaming entertainment and solutions provider ‘complete ownership’ over its technology and product development across four key verticals – sport, casino, poker and bingo. However, more …
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Stockholm-listed betting platform and systems provider Kambi Group Plc, reports a ‘record-breaking performance combined with strong future prospects’, publishing its Q3 2018 trading update (period ending 30 September). Detailing growth across its core metrics and KPIs, whilst continuing to strengthen its commercial pipeline, Kambi records period group revenues of €20.5 million (Q3 2017: €15m), maintaining year-to-date revenue performance of €55 …
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London-listed online gambling group 888 Holdings, has bolstered its active US portfolio launching its 888sports online sportsbook brand for the regulated state of New Jersey. Updating the market, 888 adds online sports betting services to its existing online casino and poker verticals active within New Jersey since 2013. 888sports New Jersey property will be powered by the firm’s long-term …
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Premier League new boys Wolverhampton Wanderers have agreed a new two-year sponsorship deal, the largest of its kind in the clubs history, with W88, who are to feature on the front of shirt in Wolves‘ return to the English top flight. In addition, the online gaming firm are to also prominently feature upon full range of training wear, to be released …
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Issuing a market statement, Nordic Nasdaq-listed sports betting platform/software supplier Kambi Plc, has revised its Q4 2017 corporate revenue forecasts, due to favourable football results recorded during the month of December. Updating investors, Kambi details that its was able to maintain an ‘all-time high sportsbook margin of 9.7%’ during its Q4 2017 trading, a figure which is significantly higher …
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Kambi Group has signed a ‘multi-channel agreement,’ to provide its sportsbook and technology services to gaming and hospitality group Sun International. The South Africa facing online sportsbook currently operate SunBet.co.za, and will migrate to the Kambi end-to-end sports betting solution, supported by a Bede Gaming backend platform, before launching into additional markets. Kristian Nylén, CEO of Kambi, said: “We are …
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A turbulent first half of 2017, has seen FTSE-listed online gambling group 888 Holdings declare pre-tax losses of $17.3 million (H1 2016: £21.5 million), with the company impacted by ‘exceptional costs’ of +$50 million recorded during the period. Updating investors, 888 governance reported that the costs would offset a ‘record’ H1 performance for the company, as 888 recorded key metric …
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