Sydney-based sportsbook and fantasy sports operator PlayUp has secured $25 million through the completion of an oversubscribed capital placement. PlayUp said that it has secured the $25 million funding on terms related to a ‘non-renounceable entitlement offer’ underwritten by Investorlink Securities AFS, which the company will use to launch its US wagering proposition. Targeting expansion within the $17 billion US …
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Sportradar has launched its new product ‘Insights’ aimed at sports media companies that will transform the landscape of the fan experience, according to a statement released by the leading sports betting and entertainment provider. Insights utilises data intelligence to consumers at scale and is designed to ‘bolster real-time fan engagement‘ for all sports media stakeholders by increasing sales opportunities and helping …
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The most effective way to combat match fixing is to ensure that players are educated on the subject matter and effective prevention measures are in place, according to Giancarlo Sergi, General Secretary, Global Lottery Monitoring System (GLMS). Taking part in a panel entitled ‘Assessing the impact of the Tennis review of integrity’ on day two of Betting on Sports Europe …
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Sportradar has agreed to deliver its risk management solution for 888sport’s tennis offering after securing a new partnership with the operator’s umbrella company, 888 Holdings. Under the partnership, Sportradar will supply its data and risk management solution, Managed Trading Services (MTS) Return Guarantee, for the operator’s extensive tennis offering. Nick Soye, Business Development Manager, Management Trading Services at Sportradar, commented: …
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While some sportsbooks see Africa as an afterthought, 22BET is “unafraid to invest” in it. That was a key takeaway from an SBC News interview with Olatunji Idowu (Director of 22BET Africa), who took us through the operator’s recent deal with Paris Saint-Germain (PSG) and mapped out some of its key target markets in the continent. SBC: Can you summarise …
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African operator 22BET has inked a new sponsorship agreement with Paris Saint-Germain, which will see the betting company become the club’s first Official African Betting Partner. The agreement, facilitated by Sportradar’s ad:s division which delivers marketing solutions for bookmakers through digital, programmatic and sponsorship services, will bring additional brand exposure for 22BET as well as exclusive marketing rights for its …
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US wagering to date has been dominated by conservative marriages between US casino giants and established European sportsbook operators. Flipping the script, last January Penn National acquired controversial US sports publisher Barstool for $450m, stating its intent to develop America’s dominant mass-market sportsbook proposition. Scott Longley explains why if you are still a ‘sportsbook romantic’… you should really care about …
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Sportradar has strengthened its corporate governance team by confirming the appointment of Chuck Robel as Chairman of the Audit Committee for the Board of Directors. Robel, the current Chairman of GoDaddy, is recognised as one of big tech’s leading corporate stewards having served as a board member and audit chair for McAfee, Informatica, Palo Alto Networks, Borland, Adaptec, Jive Software and …
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Establishing a brand in an African market requires a level of local expertise and knowledge, explained Tyrone Dobbin, Managing Director – Africa at Sportingbet at the SBC Summit Barcelona – Digital. Speaking on SBC’s ‘Africa – the market of the future’ panel, Dobbin emphasised that betting companies must not take a holistic approach to the African market when trying to …
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With a lack of live sports markets over the last few months, betting companies and punters alike have switched their attention towards a range of new sports, leagues and betting opportunities – but doing so has resulted in fresh concerns regarding the integrity of such markets. Discussing how the pandemic has affected the ways in which companies approached the last …
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