Tag Archives: world cup

World Cup: UKGC says betting to “add excitement” ahead of England final

SBC News World Cup: UKGC says betting to “add excitement” ahead of England final

As England takes on Spain in the Women’s World Cup final on Sunday, the UKGC has shared findings shedding light on the impact of major sporting events on the betting industry Looking into the men’s version of the global tournament, the group commissioned Yonder to collect data on the gambling activity that took place, as well as what happened after …

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Kambi navigates cost-heavy 2022 to hit ‘all-time high’ €166m revenue

Kambi navigates cost-heavy 2022 to hit ‘all-time high’ €166m revenue

Kambi has its 2027 financial targets in its sights after recording a strong close to 2022 trading, reporting its highest ever full-year revenues, albeit with a reduced profit margin due to heavier expenses. The firm ended 2022 with revenue up 2% to €166m (€162.4m), lauded as an ‘all-time high’ figure, driven by a record number of new partner signings, but …

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City Bet Club projects ‘pessimistic outlook’ for Q4 despite ‘bookie friendly’ World Cup

BetGames: ‘the stars have aligned’ for Africa’s World Cup betting experience

A wave of turbulence is expected for the UK betting sector as firms prepare their Q4 trading reports with the Gambling Act review White Paper on the horizon, according to City Bet Club. The tipster service anticipates that despite the ‘bookie friendly’ turnover of the World Cup in November and December, high marketing costs associated with the tournament will negatively …

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Brigid Simmonds: Over-regulation risks losing valuable firms overseas

Brigid Simmonds: Over-regulation risks losing valuable firms overseas

In an opinion piece on the forthcoming Gambling Act review White Paper, Betting and Gaming Council (BGC) Chair Brigid Simmonds has warned that the UK could lose investment. Writing on Conservative Home during the World Cup, the Conservative Party’s news and blogging webpage, Simmonds stated that the betting sector is operating under the pressure of rising costs, but also under …

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OpenBet praises World Cup as record-breaking wagering success

OpenBet praises World Cup as record-breaking wagering success

Any doubts about sportsbooks’ performance during the World Cup were put to rest during the tournament thanks to a ‘high level of engagement’, according to OpenBet. The sportsbook technology and content supplier processed 200 million bets across its channels, totalling $2bn across the four-week tournament, representing a 13% uptick on the 2018 World Cup. The improvements were driven by a …

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City Bet Club reports World Cup ‘significant margin-win’ for operators

SBC News City Bet Club reports World Cup ‘significant margin-win’ for operators

Tipster service City Bet Club has suggested that this year’s World Cup has been the most bookie-friendly tournament in recent history. The Qatar-based competition did not see a single day during the group stages that all favourites won their games, which helped lead the company, founded by betting industry veterans, to its conclusion. Operators saw significant revenue netted far earlier …

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Winning Post: World Cup 2022 a Messi affair for bookmakers

SBC News Winning Post: World Cup 2022 a Messi affair for bookmakers

Regulus Partners reviews World Cup 2022 trends, which provides a clear narrative of sports betting’s new and old world markets colliding. Whilst going into extra time, Brazil fails to deliver on its federal sports betting law…   France vs Argentina was hardly an unexpected final to the 2022 FIFA World Cup. However, nearly everything else was different. The time of year …

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Wettbasis: Maradona documentary puts Better Collective group on path towards digital sports media

Diego Maradona Documentary from Better Collective Wettbasis brand

The Maradona documentary produced by Better Collective’s German sports media Wettbasis marks a shift away from traditional affiliation, the company explained to SBC. As the World Cup is currently being played out, and Argentina has secured its place in the World Cup final, it seemed to be the perfect opportunity to celebrate the life of one of the greatest Argentine …

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Gambling Commission apologises for World Cup tweet ‘oversight’

SBC News Gambling Commission apologises for World Cup tweet ‘oversight’

The UK Gambling Commission (UKGC) has apologised for posting a tweet last week which was criticised by some as inappropriate. Ahead of England’s World Cup game against France, the Commission published a tweet promoting its online register, encouraging customers to check before placing a bet whether the site they are using is a licensed, legal company.  The tweet included a …

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Kindred: Bet builders and pre-match big winners in World Cup wagering

BetGames: ‘the stars have aligned’ for Africa’s World Cup betting experience

The World Cup is now nearing its final stages, and whilst England and Portugal were hit with disappointment over the weekend, Kindred Group has reported a positive reception for two key markets. In an update written by Jonas Kobberholm, the firm’s Sportsbook Commercial Relations Manager, bet builders were highlighted as one of the winning products for the tournament. The multi-bet …

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