Tag Archives: Bally’s Corporation

Bally’s sees strong form for British brands against regulatory headwinds

Bally’s confident that Gamesys can grow through British storm

The UK is becoming an increasingly important market for heritage US gambling group Bally’s Corporation,  as cited by the company’s third quarter trading report. Updating investors, the NYSE firm outlined group-wide revenues of $632.5m, an increase of 9.4% year-on-year against Q3 2022 comparatives of $578.3m, with a strong performance enjoyed by its international unit. Bally’s International Interactive revenue stood at …

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Bally’s confident that Gamesys can grow through British storm

Bally’s confident that Gamesys can grow through British storm

Bally’s Corporation stands by the long-term prospects of its igaming unit of Gamesys Group, navigating the transformative headwinds of the UK market under regulatory review.  The heritage US gambling operator purchased Gamesys back in October 2021, when the UK government was around halfway through the review of the 2005 Gambling Act, seeking to upgrade the nation’s betting regulatory framework to …

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Kristian Nylén: Kambi’s strong product pipeline came to fruition in Q2

Kristian Nylén: Kambi’s strong product pipeline came to fruition in Q2

Kambi Group is on target to achieve its 2027 objectives, CEO Kristian Nylén informed investors following the group’s Q2 and H1 trading update, although the firm has noted some financial difficulties encountered over the past six months. Alongside Kambi’s Chief Financial Officer (CFO), David Kenyon, Nylén addressed details in the group’s latest financial statement that operator turnover had a ‘dampening …

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Kambi enables Bally’s to ‘rapidly expand’ online and retail sportsbook

SBC News Kambi enables Bally’s to ‘rapidly expand’ online and retail sportsbook

Kambi has announced a sportsbook partnership with US casino and entertainment company Bally’s Corporation. The long-term deal sees the sports betting platform provider enhance Bally’s online and retail sportsbooks via the provision of its solution to deliver online and retail sports betting entertainment to Bally’s customer base. Kristian Nylén, Kambi CEO and Co-Founder, stated: “We are pleased to enter into …

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Genius Sport on track with US expansion as MaximBet deal signed

SBC News Genius Sport on track with US expansion as MaximBet deal signed

Genius Sports has secured a stronger foothold in the US, as the ink dries on a newly-signed partnership with MaximBet. As a result of the deal, Genius will provide MaximBet with official PreMatch, Live Data and LiveTrading solutions to deliver real-time price feeds and pin-point pricing.  Additionally, the sportstech and data firm will supply the operator – a private betting …

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Genius Sports strengthens stateside standing with Bally’s Interactive

SBC News Genius Sports strengthens stateside standing with Bally’s Interactive

Genius Sports has made further inroads on its strategy for the North American betting market, clinching a partnership with Bally’s Interactive. The London-based sports tech and data company will provide the Bally’s Corporation betting division with its official data and live streaming solutions as part of the multi-year deal.  This will include its Genius Trading Services sportsbook solution, as well …

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SBC Summit North America to provide a closer look into the evolution of the North American gambling industry

SBC News SBC Summit North America to provide a closer look into the evolution of the North American gambling industry

The upcoming SBC Summit North America at the Meadowlands Exposition Centre, New Jersey, will witness a star-studded speaker line-up that will deliver a comprehensive overview of the fundamental opportunities and challenges in the region.  SBC Summit North America is the leading conference and tradeshow dedicated to the online betting and iGaming industry in the United States and Canada. The agenda …

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New York opening lauded as ‘huge moment’ and ‘significant milestone’ by European suppliers

Kambi, New York

Legalised mobile sports betting in the state of New York is due to commence tomorrow (8 January), as the New York State Gambling Commission (NYSGC) approved licences for four operators.  Issuing an update this morning, the state regulatory body advised that each of the four licence holders had satisfied all necessary statutory and regulatory requirements for mobile sports betting.  Furthermore, …

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Pragmatic Play appoints new COO to assist with 2022 expansion plans

SBC News Pragmatic Play appoints new COO to assist with 2022 expansion plans

Detailing an ambition to continue driving growth across its international business throughout the coming year, Pragmatic Play has announced the appointment of a new Chief Operating Officer.  Taking on the position at the igaming content provider is Irina Cornides, as the company aims to maintain its current commercial course of delivering its multi-product portfolio of Live Casino and Bingo games …

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Bally’s acquisition of Gamesys to close on 1 October

Bally’s sees strong form for British brands against regulatory headwinds

Bally’s Corporation has confirmed that its takeover of Gamesys Group will reach completion on 1 October, putting an end to the months-long acquisition process. The US sports betting and gaming conglomerate revealed that the M&A process had received regulatory approval from the UK Gambling Commission (UKGC), but added that approval was still required from US counterparts. A court hearing sanctioning …

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