Bet builders have proven one of the most influential products in the digital age of sports betting. At this week’s SBC Sportsbook Tech day, a specialist panel examined where the product will go from here. Delving into the general share of bet builder bets among all bets, as well as how bet builder bets share can change in the future, …
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AI has experienced unimaginable growth over the last few years with companies like OpenAI and Microsoft being at the forefront of this revolution. Trading in sports betting has emerged as yet another area where the technology can bring significant improvements with its increased pricing and risk management, as well as full automation capabilities. The latest from SBC in partnership with …
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The board of 888 Holdings has informed markets that the UK Gambling Commission (UKGC) will take no further regulatory action against the LSE-listed gambling group. This morning, 888 issued a corporate update announcing that the Gambling Commission had completed its license review, initiated in July 2023 due to regulatory concerns raised on FS Gaming’s investment in the LSE firm. Investors …
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XLMedia Plc has informed the markets that it has reached a binding agreement to sell its media assets for Europe and Canada to Gambling.com Group. The deal terms will see Gambling.com acquire XLMedia’s European and Canadian market portfolios for a total consideration of up to $42.5m , including a fixed sum of $37.5 million and a potential earnout of up …
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The SBC Digital Innovation – Sportsbook Tech online conference is set to take place on 20 March 2024, when speakers from a host of major operators will share their insights on the future of the industry’s key technologies. The event, which is hosted in partnership with Soft2Bet, will feature five sessions that examine some of the major developments in the …
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The NHS has reached an operating milestone in the support and development of the National Gambling Support Network (NGSN) by opening its fifteenth clinic in Sheffield. The clinic opened this weekend, expanding dedicated NHS treatment support and recovery services for problem gambling in Yorkshire and the North of England. Amid growing demand for services, the opening of the new clinic …
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News International, the publisher of The Sun and The Times, is in negotiations with the owners of the Racing Post over a potential acquisition of the UK’s ‘horse racing bible’, SBC and Gaming&Co can reveal. The Racing Post is part of betting media, content and data provider Spotlight Sports Group, which is owned by private equity fund Exponent. Taking over …
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Billy Gowing, Co-Founder and Managing Director of social betting exchange Fairplay Exchange, outlines how a gap can be bridged between wagers on casual games of golf and betting on live golf events with operators. ————————————————— There can be little doubt golf is a sport experiencing considerable growth. Last August, the Royal & Ancient Golf Club of St. Andrew’s (R&A) announced …
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IGT Plc has declared a record operating income of $1bn, as the NYSE-listed technology group prepares for its next transformation having agreed terms to spin off its Global Gaming and PlayDigital units to Everi Holdings. Publishing its FY2023 accounts, IGT’s corporate revenues stood at $4.3bn, up 2% on the FY2022 results of $4.2bn. Investors were informed that consolidated revenue growth …
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Genius Sports Inc has entered a period of negotiations to extend its official betting data partnership with Football DataCo, the data rights holder of English and Scottish football. The exclusive agreement is still a subject to review and contractual approval by the Leagues and their teams. The ongoing contract is scheduled to run until the end of the 2024/25 season, …
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