Tag Archives: Bethard

Esports Entertainment hires new CFO ahead of ‘pivotal’ year for sector

Esports Entertainment Group (EEG) has named Damian Mathews as its new Chief Financial Officer (CFO), ahead of what the appointee has described as a “pivotal and exciting” for the company. Mathews, an economics and politics graduate from the University of Bristol, is a member of Esports Entertainment’s Board of Directors and Chairman of its Audit Committee, replacing incumbent CFO Dan …

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EEG bullish of growth prospects as YTD losses swing to $35m 

Esports Entertainment Group Inc (EEG) has outlined significant progress on its commercial and tech objectives following the expansion of its global gaming portfolio.   Publishing its interim 2022 trading update (six month period ending 31 December) – the US Nasdaq online gambling and esports wagering group registered a 12x jump in revenues to $31 million (H12020: $2.6m). Period trading accounted for …

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Betby to power two Esports Entertainment Group betting brands

Betby has announced an agreement with Esports Entertainment Group in which it will support two of its partner’s betting brands. The deal will see Betby power the SportNation and Viebet betting firms, building on previous collaborations between the two companies via EEG’s migration of the Idefix platform.  By powering the sportsbooks of both brands, Betby aims to ‘significantly expand its …

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UEFA fines Zlatan €50K for Bethard connection 

The Appeals Body of UEFA has issued its judgement on the investigation of Swedish footballer Zlatan Ibrahimović and his financial interest in the online sportsbook Bethard Group.  Pedro Tomas, Chairman of UEFA’s Appeals Body, confirmed this morning that Ibrahimović had been fined €50,000 for violating ‘Article 12’ of European football’s ‘Disciplinary Regulations’. The investigation was launched last month following reports by …

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EEG acquires ‘proven challenger’ Bethard for €16m

Esports Entertainment Group (EEG) has secured definitive terms to acquire Malta-based online gambling operator Bethard Group Ltd, as the company continues to expand its European sportsbook profile. Nasdaq-listed EEG confirmed that it had reached an agreement with Gameday Group – the operating firm of Bethard – to acquire its asset for €16 million ($19.5m) cash and a guarantee of 12% …

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UEFA to begin investigation into Ibrahimovic and BetHard partnership

UEFA is due to launch an investigation into the ongoing partnership between footballer Zlatan Ibrahimovic and online betting operator BetHard. The European football governing party has announced that an Ethics and Disciplinary Inspector has been appointed to lead the investigation into the Swedish player, to assess whether his collaboration with BetHard violates codes of ethics. The AC Milan striker’s ‘alleged …

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BetHard connection could lead to three-year ban for Ibrahimovic

Swedish international footballer Zlatan Ibrahimovic could face a three-year ban from the sport due to his ongoing partnership with Malta-based operator BetHard. The AC Milan striker’s company is the fourth largest investor in the online sportsbook – which reported a profits before tax of £25.76 million profit after tax in 2019 – amounting to a total share of 10%, according …

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Bethard exits UK online gambling scene 

Bethard Group has confirmed that it will terminate its entire UK online gambling market presence next month.   The Malta-based gambling operator communicated to UK customers that its flagship Bethard brand would no longer accept wagers or further transactions from the 6 July.  UK customers have been given until the 10 August to withdraw funds and clear their player accounts, as …

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SBTech confident of resuming full client operations following cyberattack

Sportsbooks powered by SBTech are to resume operations as early as today as the company continues to respond to a cyberattack that resulted in all the betting technology provider’s data centres going offline over the weekend.  The attack did not result in a data breach, SBC understands. The more than 50 sportsbooks reliant on the provider were taken offline last …

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Bethard Group becomes the latest to join IBIA

Bethard Group has become the latest gambling operator to join the recently rebranded International Betting Integrity Association (IBIA) which will see the duo work together to work together to monitor integrity and betting activity. Under the new partnership, Bethard Group’s two sports betting brands Bethard and Fastbet will now feed into the association’s global monitoring and alert system.  Khalid Ali, …

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