Tag Archives: Playmaker HQ

Better Collective ‘ready for comeback’ after clearing 2024 hurdles

Better Collective ‘ready for comeback’ after clearing 2024 hurdles

Better Collective has reflected on a ‘tough match’ in 2024, citing unexpected hurdles which it was able to overcome to achieve revenue growth of 14% at the close of the year. The sports betting-focused digital media group reported revenue of €371.5m (2023: €326.7m) in 2024, though EBITDA did fall slightly by 6% from €109.1m to €102.5m. Operating revenue also took …

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Better Collective soothes 2024 results but prepares for €50m headwind in Brazil

SBC News Better Collective soothes 2024 results but prepares for €50m headwind in Brazil

Better Collective A/S continues to navigate adjustments in the US and Brazilian markets, as leadership introduces its 2027 sustainability target to restore the business to organic growth. The Stockholm and Copenhagen dual-listed media group cited improved year-end trading, following a challenging 2024, in which the company failed to meet its market guidance for the first time since 2017. Under revised …

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Better Collective pays $54m for Playmaker HQ in latest US step

Better Collective purchases majority share in Mindway AI

Better Collective has strengthened its standing in the North American sports media and social media spaces, securing terms to acquire Playmaker HQ. The Denmark-founded media publisher will pay $54m on a cash and debt-free basis, including an upfront cash consideration of $15m, deferred payments of $1m and performance-based earnout payments over a three-year period of up to $38m. Playmaker HQ …

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