Tag Archives: new york

Michael Daly on Catena Media’s Tech-First Approach to US Growth

SBC News Michael Daly on Catena Media’s Tech-First Approach to US Growth

The effectiveness of affiliate-operator partnerships relies on numerous factors. These include the potency of the affiliate brand, their commitment to developing top-quality content, and their bold strategies for customer acquisition. Whether the strategy builds on the implementation of new technologies, exploration of diverse player acquisition tactics, or a forward-thinking approach to commission models, the goal remains the same – ensuring …

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Flutter to shift primary location from LSE to NYSE by end of 2024

SBC News Flutter to shift primary location from LSE to NYSE by end of 2024

Flutter Entertainment Plc will proceed with plans to make the New York Stock Exchange (NYSE) the primary location of its corporate shareholding. This morning, Flutter leadership rang the NYSE trading bell, beginning the firm’s dual-listing on the US exchange, as approved by investors. Flutter shares will be listed on the New York exchange under the ticker symbol FLUT, alongside the …

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Varun Sudhakar: BetDEX decentralised model questions all conservative elements of sports betting

SBC News Varun Sudhakar: BetDEX decentralised model questions all conservative elements of sports betting

2023 proceedings reflect  the growing dominance of Tier-1 sportsbooks on their respective markets across Europe and North America.   Whilst many believe this to be the reality of competing in consolidated markets, Varun Sudhakar CEO and Co-Founder of the BetDEX Labs, states that a decentralised sportsbook model offers challengers the best opportunity to disrupt a conservative status quo, which stifles …

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XLMedia warns of H1 slowdown due to stagnant US activities

SBC News XLMedia warns of H1 slowdown due to stagnant US activities

XLMedia Plc has notified investors of a slower start to 2023 trading due to its business countering skewed period comparatives matched against 2022 developments.      The London AIM-listed media publisher expects its 2023 interim results to be below expectations due to a stagnant US calendar, in comparison to 2022 activities which featured US wagering launches in the states of  New York …

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Gambling.com ups 2023 guidance on strong US & UK growth 

SBC News Gambling.com ups 2023 guidance on strong US & UK growth 

Gambling.com Group has raised its full-year guidance as Q1 financial results outperform all business expectations.  A strong opening to 2023 trading saw Gambling.com’s corporate revenues stand at $26.7m, up 36% on previous year comparatives of $19.5m. Headline growth was attributed to the continued expansion of Gambling.com North American portfolio which generated a revenue contribution of $14.1m. Period highlights saw the …

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Catena maintains long-term vision amid slow 2023 start

SBC News Catena maintains long-term vision amid slow 2023 start

Catena Media Plc maintains confidence in its corporate reorganisation and long term growth targets, despite a difficult start to year trading, dragged by underperforming US results.  Publishing its Q1 2023 trading update, total group revenue from continuing operations stood at €35m, down 5% on corresponding 2022 results of €37m. Period trading saw Catena’s North American unit impacted by a 2% …

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Genius Sports: Go local… Why you need regionalised trading to scale your sportsbook

SBC News Genius Sports: Go local... Why you need regionalised trading to scale your sportsbook

The unique intricacies of catering to local customers make international expansion no easy feat for betting operators. As such, Will Westcott, Head of Business Development at Genius Sports, underlines the importance of fostering a go-local approach on pricing and risk management to meet new market challenges, demands and variables. With new markets across Asia, Latin America and the U.S. on …

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Xtremepush: Beyond Acquisition… Moving towards relationship marketing in the US

SBC News Xtremepush: Beyond Acquisition... Moving towards relationship marketing in the US

In the first instalment of an extensive two-part blog, Xtremepush Senior Account Executive Brandon Asgeirsson talks about how igaming is rapidly increasing in popularity across the US, with more states deregulating and presenting new markets for operators. Similar to the gold rush of the 1800s, there’s an air of excitement throughout the country and the land of opportunity is experiencing …

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Winning Post: Brazil to copy the UK… but not in a good way

SBC News Winning Post: Brazil to copy the UK... but not in a good way

The industry sees progress on Brazil launching its long-awaited sports betting regime in 2022. Yet observing policy developments, Regulus Partners warns that lawmakers will regret adopting a  UK model to tax operators of a new marketplace. The Brazilian government has announced that it will ‘follow the UK model’ of online betting tax, applying a 15% GGR duty, explicitly to ensure …

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Brandt Iden: Sportradar – “US states taking a new approach to mobile wagering”

SBC News Brandt Iden: Sportradar - "US states taking a new approach to mobile wagering"

Brandt Iden, Head of Government Affairs at Sportradar, shares his views on how states that originally legalized sports betting at the retail level only are now starting to reverse course to include mobile/online wagering. It’s a trend he expects to continue as more numbers point to the dominance of mobile/online wagering in the US market… SBC: We’re starting to see …

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