Tag Archives: RaceBets

Betsson H1 sees tough balance between new market growth and Euro declines

SBC News Betsson H1 sees tough balance between new market growth and Euro declines

Betsson AB has underscored its ‘diversified corporate growth strategy’ – as progress within new markets offsets multiple headwinds across Western European jurisdictions. Publishing its H1 2022 interim report, the Stockholm-listed online gambling group registered corporate revenues of €356m, up 8% on corresponding 2021 results of €330m. Headline growth was attributed to a record Q2 performance that delivered an ‘all-time-high’ revenue …

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Betsson upgrades group racing content with SIS 24/7 betting channels

SBC News Betsson upgrades group racing content with SIS 24/7 betting channels

Betsson AB has significantly expanded its live racing content by integrating Sports Information Services’ (SIS) 24/7 live betting channels across its European sportsbook portfolio. The agreement marks Betsson’s ‘first-ever group-wide content deal‘, which will see SIS racing channels streamed across its sportsbook subsidiaries of RaceBets, Betsson, Betsafe and NordicBet.  Betsson has highlighted its SIS channel integration as a key sportsbook …

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Betsson seeks new debt bond to pursue future growth options

SBC News Betsson seeks new debt bond to pursue future growth options

Stockholm-listed Betsson AB has announced that it will pursue issuing a new senior unsecured bond, seeking to raise minimum debt funding of SEK 500 million (€47 million) tp help the firm’s ongoing expansion initiatives. Updating investors, Betsson governance has instructed Scandinavian investment banks Nordea and Swedbank to act as joint book-runners, leading the transaction’s investment procedures. Betsson governance discloses that …

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Colossus Bets delivers Jackpot dynamics to RaceBets daily coupons

SBC News Colossus Bets delivers Jackpot dynamics to RaceBets daily coupons

Betsson AB European racing property RaceBets has moved to strengthen its customer engagement dynamics, integrating Colossus Bets jackpots market capabilities. Moving forward, RaceBets customers will be able to wager on new Colossus multi-leg pools markets, boosting their RaceBets daily raceday coupons. Acquired in 2016 by Stockholm listed Betsson AB for €34 million, RaceBets offers European racing’s most comprehensive wagering portfolio featuring …

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RaceBets integration sees Betsafe launch horse racing markets

SBC News RaceBets integration sees Betsafe launch horse racing markets

  Updating the market, Betsson Group European online sports betting subsidiary Betsafe has announced the launch of its horseracing inventory, added to its existing market portfolio. The operator’s new horse racing inventory was added yesterday, with the bookmaker detailing that its customers will be able to bet on ‘over 250,000 races from across the globe every year’. Betsafe management detailed …

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Betsson delivers growth despite turbulent 2016

SBC News Betsson delivers growth despite turbulent 2016

Stockholm-listed European sports betting operator Betsson AB is pleased to have grown its core business metrics, despite facing multiple operational challenges and unfavourable conditions throughout 2016. Closing its 2016 performance, Betsson governance was pleased at the company’s ‘positive development’ which had seen the operator overcome severe currency fluctuations and lower betting margins impacts in H1 2016. Furthermore, repeating all-round industry …

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Betsson AB targets European racing growth with RaceBets €34 million acquisition

SBC News Betsson AB targets European racing growth with RaceBets €34 million acquisition

Stockholm-listed European sports betting group Betsson AB has confirmed that it has agreed to acquire racing specialist bookmaker RaceBets (racebets.com) for an initial cash consideration of €34 million. Updating investors, Betsson governance detailed that it would acquire all RaceBets assets including the firm’s trading team, adding the UK, Ireland, Malta and Germany licensed bookmaker to its portfolio of European brands. …

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Racebets.com gains first German horse betting licence

SBC News Racebets.com gains first German horse betting licence

German racing operator RaceBets.com has announced that it is the first firm to gain a horse betting licence by the German regulatory authority. The current horse betting laws were introduced in July 2012 and RaceBets are the first German bookmaker to fully comply with the new regulations. Patrick Byrne, RaceBets’ Managing Director, commented on the licensing  “We are delighted and exceptionally …

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Racebets gains UKGC betting licence

SBC News Racebets gains UKGC betting licence

German racing betting specialist RaceBets has confirmed that it has been granted a full UK Gambling Commission (UKGC) remote operator licence. The racing focused bookmaker will be allowed to offer sports betting provisions and services to UK consumers under UKGC conditions. Operating in the UK since 2012, RaceBets will look to bolster its UK race and services offerings in the …

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RaceBets integrates Skrill 1-Tap ahead of Cheltenham 2015

SBC News RaceBets integrates Skrill 1-Tap ahead of Cheltenham 2015

Skrill, today announces that online bookmaker RaceBets.com has added Skrill 1-Tap to its mobile and desktop offerings. With the 2015 Cheltenham Festival around the corner, RaceBets customers can now benefit from a convenient and secure payment process when placing bets at the jewel in jump racing’s crown and at race meets across the world. Skrill 1-Tap connects with Skrill’s Digital …

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