Sports betting is exciting and entertaining for players that are able to control their betting. We want to keep it that way, writes Jesper Søgaard (right), CEO and Co-founder of Better Collective, as part of this month’s Better Collective Spotlight. Operating in the field of betting and gambling, we always need to have safer gambling in mind. Most players see …
Read More »
Better Collective has detailed strong progress in both Q2 and H1 2022, as the Danish betting and gaming media publisher experienced continued momentum in both Europe and North America. For the first six months of the year, Better Collective’s revenue rose by 57% to €123.4m (2021: €78.8m) whilst group EBITDA grew by 37% to €35.3m (€25.9m), with a margin of …
Read More »
Better Collective AB has moved to significantly expand its German market presence by forming a strategic alliance with SPORT1 Media Group. The partnership will see Better Collective and SPORT1 combine their German assets and resources to establish the leading media platform for Germany’s re-regulated online gambling marketplace – adhering to the laws of the Fourth Interstate Treaty on Gambling (GlüNeuRStv) …
Read More »
Better Collective AS has declared a ‘record financial performance’, attributed to outstanding US growth that has surpassed all management expectations. Publishing its Q1 trading update (period ending 31 March), the Stockholm-listed media publisher registered corporate revenues of €67m, up 74% on corresponding 2021 results of €39m. Topline growth was attributed to US market gains, that delivered ‘46% of group revenue …
Read More »
Better Collective AS has branded UK media reports as ‘highly speculative‘ of its’ front runner interest’ in acquiring Spotlight Sports Group for £500 million. This weekend, The Sunday Times reported that private equity fund Exponent LLP, the majority investor of Spotlight Sports since 2016, had placed its racing and betting media asset ‘under starters orders‘ for a sale to be executed in …
Read More »
Better Collective AS has moved to significantly enlarge its esports media presence by acquiring e-football gaming community Futbin and related assets for €105m in a cash and shares deal. Registering 50 million monthly visits on its website, alongside a further three million daily actives on its proprietary app, Futbin is recognised as the leading online community and digital resource for players …
Read More »
Better Collective AB has acquired Canada Sports Betting (CSB), completing a strategic transaction that will guarantee its publishing network presence within the province of Ontario’s online gambling marketplace that is set to launch on 4 April Updating investors, Better Collective revealed that it had acquired all CSB related assets for a maximum purchase price of €21.4 million – of which …
Read More »
2021 was praised as a “year of many opportunities” for Better Collective, with the firm citing a strong US performance and an “all-time high intake of new depositing customers” contributing to its Q4 growth. Publishing its interim report for the 12 months ended 31 December 2021, Better Collective recorded group revenues of €52.8m – a rise of 44% when compared …
Read More »
Speaking to SBC, Better Collective CEO and Co-Founder Jesper Søgaard looks back at an eventful 2021 that transformed the Stockholm-listed firm’s global outlook by diversifying its business units beyond affiliate publishing… Overall, I think 2021 was a great year in spite of the fact that most of the world was still affected by the impact of COVID-19. However, the pandemic …
Read More »
A strong performance across its US assets has allowed Better Collective to reach a new monthly revenue record in September. Publishing its interim Q3 report for the three months ended 30 September, Better Collective revealed that group revenue grew by 148% to €45.4 million, up from €18.3 million in Q3 2020. September’s revenue, which totalled €20.3 million, accounted for 45% …
Read More »
SBC News Voice of the Sports Betting Industry