Tag Archives: H2 Gambling Capital

Inspectorate’s new metrics set Swedish gambling channelisation at 86%

SBC News Inspectorate's new metrics set Swedish gambling channelisation at 86%

Spelinspektionen, Sweden’s Gambling Inspectorate, has revised the methodology for calculating the channelisation rate of Sweden’s online gambling marketplace. Deemed the key measure of the regulatory balance in Sweden’s online gambling market, the channelisation rate represents the percentage of wagering volume accounted for by licensed operators. Sanctioned as a regulatory assignment in 2023, the Inspectorate was commissioned by the government to …

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IBIA welcomes downward trend in Q2 2023 suspicious betting

SBC News IBIA welcomes downward trend in Q2 2023 suspicious betting

The number of suspicious bets in the second quarter of 2023 fell significantly on the corresponding time period in 2022, according to the International Betting Integrity Association (IBIA). A total of 50 alerts were reported to relevant sporting authorities by the IBIA, down 44% from 88 in Q2 2022, with football once again the sport which generated the most alerts …

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RWA: Racing and sports ‘could lose $3bn’ to illegal offshore gambling

SBC News RWA: Racing and sports ‘could lose $3bn’ to illegal offshore gambling

Responsible Wagering Australia (RWA) has revealed that illegal offshore gambling could cost nearly $3bn in lost taxes and racing and sport product fees unless action is taken. It was in the Australia Offshore Wagering Market Analysis 2023 Report that it states the illegal offshore market in Australia is now worth more than $1.1bn – which is around 15% of the …

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IBIA Q1 report urges greater integrity protection for Brazil

SBC News IBIA Q1 report urges greater integrity protection for Brazil

The International Betting Integrity Association (IBIA) has released its Q1 2023 Integrity Report, revealing 40 instances of suspicious betting activity identified by its membership, which represents nearly 50% of all commercial online betting worldwide and over $137 billion in sports betting turnover. The report highlighted the critical need for effective integrity solutions in Latin America, of importance for Brazil, and …

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IBIA and H2 renew partnership targeting enhanced standards

IBIA x H2

The International Betting Integrity Association (IBIA) and H2 Gambling Capital have announced an extension of their partnership. Outlining a joint objective of driving ‘standards in betting market regulation and integrity protection’, the duo aim to keep momentum on previous joint projects. To pursue this, H2 will continue to function as the official betting market data partner of the IBIA, which …

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EGBA: 2022 sees ‘significant rebound’ in European land-based sector

EGBA: 2021 sees ‘significant rebound’ in European land-based sector

The European gambling sector has stabilised in 2022, according to the European Gaming and Betting Association (EGBA) and H2 Gambling Capital. Publishing the “European Online Gambling – Key Figures 2022” report, the duo revealed that cross-continental GGR rose by 23% to €108.5bn (2021: €101.2bn), whilst rising by 8% on 2019 pre-pandemic levels, servicing a customer base of 28.9 million. This …

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Brazil misses open goal to regulate sports betting

SBC News Brazil misses open goal to regulate sports betting

A year of optimism ends in disappointment as Jair Bolsonaro’s inaction and electoral pandering come at the expense of Brazil taking its best shot to regulate a federal sports betting market… December 12, 2022, marked the last possible day for Brazil to approve it’s federal sports betting regime… A date which passed without a trace of legislative action. On reflection, …

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Kindred targeting £1.6bn revenue and multinational growth by 2025

Kindred

Ahead of its press conference on Capital Markets Day, Kindred has released updated financial targets for the next three years, including fiscal and market expansion objectives. In terms of headline monetary goals, Kindred is aiming to achieve revenue of £1.6bn by 2025, alongside an underlying EBITDA margin of 21-22% and a distribution policy of 75-100% of free cash flow. From …

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GiG doubles down in Iberia via Sportnco partnerships

SBC News GiG doubles down in Iberia via Sportnco partnerships

Gaming Innovation Group (GiG) has signed new partnerships in Spain and Portugal, strengthening its position in the Iberian markets.  In Portugal, the B2B betting and gaming software provider has entered into an agreement with Caravel Entertainment Limited (Caravel), the operator behind the Moosh.pt online brand.  Terms of the deal – signed between GiG subsidiary Sportnco Gaming and Caravel – will …

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NeoGames’ acquisition of Aspire expected in August as tender completed

SBC News NeoGames’ acquisition of Aspire expected in August as tender completed

NeoGames has detailed further progress on its acquisition of Aspire Global, announcing the competition of a previously announced tender offer.  The $480m transaction is now expected to finalise on 11 August 2022, with 99.31% of Aspire’s shares tendered so far. NeoGames had extended its acceptance period for Aspire shareholders to 14 June, with the expected settlement date set for the …

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