Tag Archives: US

William Hill reduces cashburn as focus shifts to reopenings

William Hill has reduced its ‘cashburn’ and further restructured terms on its debt bonds, as the company secures full financial flexibility navigating COVID-19 headwinds. Publishing both a Q1 trading update for the unaudited 17 weeks to 28 April 2020 as well as a COVID-19 update, William Hill revealed that retail closures, a drop in sports betting markets and international coronavirus …

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International profile buoys Flutter during troubled times

The continuation of racing across Australia and the US has come as a welcome relief for Flutter Entertainment, as its retail estate faces a blow from the postponement of global sporting events. Publishing a Q1 trading update for the three months ended 31 March 2020, Flutter reported group-wide year-on-year revenue growth of 16% in Q1, reported at £547 million for …

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Racing Post expands into the US through Pickwise partnership

Racing Post has continued its expansion of its digital business into the United States after securing an agreement with Pickwise.  The duo first joined forces at the beginning of 2019 and will now go stateside after Pickswise obtained a New Jersey vendor licence. Pickwise has confirmed that it is looking to secure vendor licenses in a number of other states.  …

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US drive helps Kambi record ‘successful’ Q3

Kambi

Publishing its Q3 2019 trading update (period ending 30 September), Kambi Group has detailed strong progress on its regulated market agenda combined with the strengthening of its US commercial pipeline. Despite trading on a ‘quiet sporting calendar’ competing against World Cup 2018 comparatives, Kambi has recorded a 12% increase in Q3 2019 revenues to €23.million, up from €20.5m in Q3 2018, and …

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Colossus Bets confirms cash-out collaboration with bet365

Starbucks Barista - NFL Contest

Pool betting markets supplier Colossus Bets has confirmed a new long-term licensing agreement that will allow bet365 to utilise its extensive cash-out patent portfolio in the US market. The linkup follows Colossus’ considerable expansion in the country, with the firm being granted 12 patents in the US, adding to a host it has been granted globally. These include cash-out on several gaming …

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Eight out of 10 virtual bets in Africa placed through Golden Race

Golden Race

Eight out of 10 bets placed on virtual sports in Africa last year were facilitated by Golden Race, through either the company’s Golden Box or Online platform. That was one of the key messages from the firm’s CEO Martin Wachter as part of an interview at last month’s Betting on Sports America conference in New Jersey. Wachter also spoke about …

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‘Big 5’ US sports not the only show in town says Perform

ITF - Copyright: luckybusiness / 123RF Stock Photo

The percentage of in-play wagers on tennis in the US, combined with the sport’s potential betting-based turnover once the market reaches maturation, continues to dispel the misconception that the biggest sports in the country are the “only show in town”. That was the view of Perform Group’s Bill Anderson, who delivered a presentation on live betting at last week’s Betting …

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Assessing the football and betting sponsorship dynamic

VSoftCo - Copyright: wavebreakmediamicro / 123RF Stock Photo

Much has been written regarding the industry’s relationship with sports, none more so than football, where criticism has suggested measures must be put in place to curb what is seen as an over saturation of marketing, sponsorships and advertising. This topic is set to fall under the microscope at the sixth annual Betting on Football, taking place this week at …

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Natural Intelligence stays off the Sidelines with new acquisition

Sidelines

Natural Intelligence has acquired Sidelines, a developer of technological tools for smart comparison of odds, tips and American legal sports bookies. As part of the deal, Sidelines employees will join Natural Intelligence’s 300+ employees in Tel Aviv to oversee the company’s US sports activities. Natural Intelligence operates comparison websites that drive customer acquisition, while Sidelines provides sports analysis, projections, real time odds comparison, injury …

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Sportradar to deliver in-game edge through official MLB deal

Sportradar - 18825724 - baseball close up bat on the grass with room for copy

Sportradar will deliver a significant competitive edge to sportsbooks ‘in-game’ after securing the exclusive rights to distribute official real time game statistics from Major League Baseball (MLB) to media companies and regulated sports betting operators. Starting with the 2019 season, the new multi-year partnership encompasses media and gaming rights at both international and domestic levels. Across international markets outside of …

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