IGT Plc has raised its full-year corporate forecasts in light of peak performance results achieved during Q3 trading. IGT more than doubled its operating income to $212 million (Q32020: $83m) as the NYSE gambling technology group registered +$200 million in from its ‘OPTIMA – structural cost-savings program‘. Period trading saw IGT register group revenues of $984 million, up 21% on …
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IGT Plc states that it has achieved strategic progress on key corporate directives, assisting with the technology group’s performance recovery once stable trading re-emerges. Publishing its full-year 2020 results, IGT has recorded corporate revenues of $3.1 billion, down 23% on corresponding FY2019’s results of $4 billion. Mirroring industry competitors, the NYSE-listed gambling technology group underlines significant COVID-19 headwinds impacting its …
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Romanian betting operator Superbet will use an injection of cash from Blackstone to build a bigger online profile as it tries to replicate the success of its retail business. That’s according to new CEO Johnny Hartnett, the subject of our lead interview for the first SBC Magazine of the year, which is now available to download HERE. Hartnett, who joined …
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Sporting Solutions has won a tender to supply Norwegian state-run operator Norsk Tipping with pricing and risk management services. The decision followed a competitive procurement process in which six companies applied to deliver data and risk management services for the operator’s new sports betting solution. The services will be integrated into the sports betting solution powered by Optima, who last year …
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As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world. This second edition looks at February and more specifically at the data breakdown behind sports betting, the evolution of SIS’ product to meet the needs of bettors, Sky Racing’s first month of operation, and Optima’s …
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Carsten Koerl, CEO at Sportradar, explains why “working with the utmost integrity” to safeguard businesses from corruption remains at the foundation of its operations, before highlighting some of the company’s “standout moments” for 2019. This included becoming the first industry supplier to hold data distribution deals with each of the ‘big four’ US sports leagues, hiring former Interwetten CEO Werner …
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Former Interwetten CEO Werner Becher has joined Sportradar as the company’s new managing director of US betting based in New York. Becher will be focused on the growth, development and execution of Sportradar’s betting strategy in the US, including the deployment of capital through “organic and inorganic investments” such as the recent acquisition of Optima. He left Interwetten in December …
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Instant Win Gaming (IWG) will drive the next phase of online lottery growth in Belgium through an extension of its partnership with International Game Technology (IGT). Loterie Nationale, the country’s National Lottery, has handed IWG a three-year contract to deliver its instant win content following a competitive procurement process. The supplier will, therefore, be integrating its own Progressive Play Remote …
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Norwegian state gaming operator Norsk Tipping has confirmed that sports betting omni-channel platform supplier Optima has won the tender to supply the firm with a new sportsbook integral solution for potentially the next 12 years. The successful offer also included integrated sports data feed and trading services from Sportradar, the major sports betting services supplier which last week agreed a …
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We learned late last week that Sportradar, a global leader in delivering sports data and content, had completed the acquisition of sports betting and gaming omnichannel platform provider Optima in a deal effective immediately. Just a few days on we caught up with Optima CEO Jacob Lopez and Sportradar CEO Carsten Koerl for their reaction to forming this new one-stop-shop …
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