Yolo Group has announced that Jean Claude Magri will fill a senior vacancy at the firm. The technology company has placed Magri in the position of Chief Finance Officer of its B2B Products division, which includes the Hub88, Live88, OneTouch and Odds88 brands. Magri said of his new role: “I’m thrilled to join Yolo Group at this pivotal moment in …
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Sportsbet.io talks crypto fears, demanding audiences, sporting alliances & AI
Billed as a “fun, fast and fair cryptocurrency and fiat sportsbook,” Sportsbet.io, a brand operated by Yolo Group, quickly set about carving its own path through a saturated environment following its establishment eight years ago. Despite a swift and widespread embrace of sporting partnerships to gain traction across strategically targeted jurisdictions, to utilising digital currencies to appeal to a new …
Read More »Mark Robinson: Yolo Investments focused on solving igaming & fintech pain points
Nestled on the coast of the Baltic Sea, the picturesque and medieval influenced city of Tallinn was the recent setting as SBC News gathered with various figures of the Yolo Group to witness the lid being lifted on various aspects of the business. Across an action packed two days, comprising an eye opening partners event, sneak peak of the luxury …
Read More »Sportsbet.io nets two-season back-of-shorts deal with Hull City
Sportsbet.io has been named a new principal partner, back-of-shorts sponsor and official Turkish betting partner of Hull City FC. The two-year deal will allow for the operator to gain further brand recognition in the EFL Championship, boosted by appearing on the first-team shorts of the team’s home, away and third kits. Alexander Haig, Director of Sportsbet.io, commented: “As a digital …
Read More »Yolo Group enters new tri-vertical era following restructuring
Yolo Group has initiated a restructuring of its business and a reshuffle of c-level leadership in pursuit of further growth across both the B2C and B2B sides of its operations. The Estonia-based group has reorganised its business based around three verticals – the B2C-oriented Yolo Entertainment, the B2B and technology provision-focused Yolo Platform, and venture capital arm Yolo Investments. Yolo …
Read More »Sportsbet.io launches upgraded Clubhouse TV in renewed S:B:M partnership
Yolo Group sports betting brand Sportsbet.io has renewed its partnership with Sports Broadcast Media (S:B:M) for the 2023/24 football season. The crux of the partnership is the Clubhouse TV live steam content service, developed by S:B:M for Sportsbet as an in-play audiovisual platform featuring sports journalists as well as data and insights, audience participation and prices which changes in pace …
Read More »Hub88 strengthens sports betting offering with TradeArt
Hub88 has collaborated with odds trading platform TradeArt in the aim of providing a strengthened sports betting offering to operators. The deal sees the casino integration platform support TradeArt’s solution, which aggregates and automates odds data streams from various providers, allowing operators to select their ideal feed for each event. Ollie Castleman, Head of Hub88, commented: “We are excited to …
Read More »Brazil trade group copies UK model on betting advertising
The newly formed Brazilian Institute for Responsible Gaming (IBJR) has announced a self-regulated code for betting advertising, titled the “Brazilian Code for Advertising Self-Regulation”, published in anticipation of the government concluding its federal framework to legalise sports betting. The advertising code was announced as the first major initiative of the Trade Body that was officially formed on 9 May in …
Read More »Estonia to review tax increase on all gambling products
The Ministry of Finance of Estonia has published a ‘draft law’ recommending that the new government increase taxes on online gambling, casino games, and lottery draws. An increase in gambling taxes is proposed as the Ministry cites significant growth in online casino revenue, which has surged by 260% from €78m in 2020 to €281m in 2022, as reported by the …
Read More »Estonia sounds alarm on gambling advertising ban
Estonia is likely to become the next European nation to propose the enforcement of a blanket ban on gambling advertising. This development follows last week’s agreement on a new ‘centrist’ coalition government formed by the Reform Party, the Social Democrats, and the Eesti 200 Party. The Baltic nation will continue to be led by Prime Minister Kaja Kallas, who has …
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