Tag Archives: SBTech

Kambi halts shares after 30% stock plunge

Following the news that DraftKings is buying its own sports betting platform in the form of SBTech, Kambi has made the move to halt trading in its shares after its stocks plunged 30%.  As a result, a statement has been released by Kambi Group’s CEO Kristian Nylén in order to try and ease concern amongst investors.  The statement read: “Kambi …

Read More »

DraftKings serves up Xmas cracker merging with SBTech & Diamond Eagle

A Christmas week update sends shockwaves across the global sports betting marketplace, as US incumbent DraftKings agrees to a three-way combination with sports entertainment fund Diamond Eagle Acquisition Corp and leading industry platform and systems provider SBTech. The respective boards of each company, have agreed to terms forming a new business entity which will trade under the domain ‘DraftKings INC‘, …

Read More »

Keir Adams, SBTech: Pricing betting’s most unpredictable market

pricing

Bookmakers will have their political credentials put under the spotlight once again, as the UK prepares for a general election on Thursday 12 December. Following year-on-year political upsets since 2015, Keir Adams, Head of UK Sports at SBTech, spoke to SBC News about pricing betting’s most unpredictable market. SBC: How do you price an election? And how do you price in …

Read More »

Indiana marks sixth US state launch for SBTech

Indiana

SBTech has entered its sixth US state in less than 18 months by launching an on-property sportsbook at Rising Star Casino in Indiana under the BetAmerica brand. The new 3,000 sq. ft sportsbook, operated by Churchill Downs Incorporated (CDI), is located one hour from Cincinnati and within two hours of Indianapolis and Louisville. It features more than 30 television screens …

Read More »

Andrew Cochrane, SBTech: Helping lotteries to keep pace with the sportsbook competition

lotteries

Lotteries are “turning to SBTech” for sportsbook services when their market share comes under pressure. That’s according to the firm’s Chief Development Officer Andrew Cochrane, who spoke on a panel about replicating the European Lotteries experience at this year’s Betting on Sports America (BOSA). Why is SBTech well placed to join the debate around lotteries providing sports betting in the …

Read More »

SBTech sets out ‘go’ live process for WLA member hat-trick

SBTech

SBTech said that the process of getting new operators live via its sports betting solutions is something that it “refuses to take lightly”. James Coxon, VP of Commercial at SBTech, added that it prioritises getting “fully under the hood of exactly what they want as a business”. He was speaking at last month’s Betting on Sports conference in response to …

Read More »

William Hill US CEO to feature in Official Sports Betting Guide to G2E

sports betting guide

Live streaming of sports will be key for in-play betting in America, according to William Hill US CEO Joe Asher.  In an exclusive interview in the Official Sports Betting Guide to G2E, produced by SBC Magazine, Asher revealed: “I think live streaming for in-play is going to be really big in the US – one of the big opportunities in …

Read More »

SBTech continues tier-1 form by winning Svenska Spel sportsbook tender

SBTech has secured a further tier-1 betting systems partnership this summer, becoming the lead multi-channel sportsbook provider to Swedish state-owned gambling operator Svenska Spel. Fresh from securing lead sportsbook platform arrangements with Veikkaus Finland and The Oregon Lottery, SBTech has won the fiercely contested Svenska Spel competitive procurement process. SBTech underlined that Svenska Spel had chosen its sportsbook systems, highlighting provisions …

Read More »

Operator CEOs head 20/20 Vision track at Betting on Sports 2019

Betting on Sports 2019 20/20 Vision Track

Jesper Svensson, CEO of Betsson, and Pinnacle CEO Paris Smith are among the leaders offering their insights on the key issues shaping the betting industry as part of the 20/20 Vision – The Future In Focus track of Betting on Sports 2019.  The track, which takes place on the second full day (Thursday 19 September) of SBC’s flagship event at …

Read More »

Betgenius seeks Italian market growth with Desideri appointment

Betgenius has appointed Luca Desideri as its new Commercial Director for the Italian market, as the organisation seeks to support its current growth strategy.  Desideri joins the sports data specialists from SBTech, where he previously held the role of Country Manager. He brings with him a wealth of localised expertise, having spent over 15 years in the italian betting and gaming …

Read More »