Tag Archives: NFL

Genius Sports: True engagement in soccer is here and it’s called BetVision

SBC News Genius Sports: True engagement in soccer is here and it's called BetVision

This afternoon, Genius Sports announced the expansion of its BetVision platform to include live soccer streams and markets. Chief Product Officer Matt Fleckenstein endorsed BetVision’s seamless experience as a the next evolution for in-play betting, transforming how audiences engage with live sports content.  For years, the sports betting industry has talked about the potential of streaming and bet slip integration. …

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Jesper Søgaard: New discipline of Better Collective will offset Brazil & US challenges

Better Collective: high ambitions backed by a visionary strategy

Better Collective AS is prepared to navigate another year of risks and challenges to maintain its dominance as the iGaming sector’s largest and most valued media PLC. Speaking to investors, CEO and Co-founder Jesper Søgaard emphasised that despite ongoing revisions, there is no change in Better Collective’s overarching ambition to be market dominant across all continents where its media network …

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Interwetten sponsors New England Patriots for a further two years

SBC News Interwetten sponsors New England Patriots for a further two years

Interwetten has extended its partnership with the New England Patriots for a further two years.  The German betting operator will continue to focus on ‘unique experiences’ for fans of NFL team as well as sports enthusiasts in general. This includes events in Germany, exclusive fan trips to Foxborough and meetings with Patriots alumni such as two-time Super Bowl winner Sebastian …

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MGM Resorts targets earnings swing of $250m for BetMGM in 2025

SBC News MGM Resorts targets earnings swing of $250m for BetMGM in 2025

MGM Resorts has provided a strategic update on the financial performance of the BetMGM (US) joint venture partnership with Entain Plc, in which the partners mark 2024 as “a year of investment to strengthen its online offering.” The update underscored the view that the BetMGM joint venture is progressing towards “break-even” despite reporting a full-year EBITDA loss of $244 million, …

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Genius Sports: Betting on omnichannel marketing

SBC News Genius Sports: Betting on omnichannel marketing

Josh Linforth, Chief Revenue Officer at Genius Sports, tells SBC why marketing teams should continue embracing omnichannel strategies as the best way to engage iGaming customers across multiple platforms. An omnichannel focus is essential in markets such as Brazil, where targeted 360-degree campaigns are crucial for standing out from the competition. The term “omnichannel” might sound like marketing jargon, but …

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Flutter cuts 2024 guidance stung by unfavourable NFL results.

Flutter: NYSE

Flutter Entertainment’s end-of-year trading has been offset by a period of “very unfavourable US sports results”, prompting management to revise its guidance for group and FanDuel segments. This morning, the NYSE/LSE gambling group issued a brief notice stating that it had felt the impact of US customers cashing in NFL parlays during November and December. As detailed: “The 2024/2025 NFL …

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Sportradar ups €1bn guidance on strength of partnerships

SBC News Sportradar ups €1bn guidance on strength of partnerships

Sportradar AG is building strong commercial momentum as it pursues its post-IPO goal of surpassing €1bn in revenue. In its Q3 report, this global Nasdaq-listed sports technology company announced a 27% increase in revenue to €255m (up from €201m in Q3 2023). Year-to-date, revenues have reached €799m, marking a 28% increase over the previous year’s €625m. Betting Technology sales rose …

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XLMedia to prioritise US optimisation following H1 transformation

SBC News XLMedia to prioritise US optimisation following H1 transformation

XLMedia Plc has completed all corporate adjustments to transform its business into an exclusively focused iGaming media network for North American markets. During H1 trading, the London AIM media group sold its Euro and Canada assets to Gambling.com Group for a fixed fee of $37.5m, with potential earnouts of up to $5m based on the revenue performance of assets from …

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BetMGM signals tech roadmap to $500m EBITDA

SBC News BetMGM signals tech roadmap to $500m EBITDA

BetMGM, the US joint venture of Entain Plc and MGM Resorts, states that it is ‘accelerating momentum’ in executing its technology roadmap to enhance its products and customer experiences. Publishing its H1 results, BetMGM generated net revenues of $1bn, up 6% on 2023 comparatives. Period growth reflects a 16% increase in Q2 sports betting and an 18% YoY increase in …

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