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Genius Sports beats FY2023 targets as 2024 focus turns to profitability

SBC News Genius Sports beats FY2023 targets as 2024 focus turns to profitability

Genius Sports Inc celebrates its eighth consecutive quarter of growth, as its yearly revenue and earnings results surpass market expectations. In its full-year 2023 report released today, Genius Sports announces corporate revenues of $412m, marking a 21% increase from FY2022’s comparative results of $341m. The growth in headline revenues exceeds the NYSE betting technology, media, and data group’s expected revenue …

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EGBA backs EU Parliament endorsement of new e-ID law 

EGBA 'confident of thorough investigation’ into legacy Dutch lottery licences

The decision of the EU Parliament to approve the new European Digital Identity has been welcomed by the European Gaming and Betting Association (EGBA).  According to the gambling industry trade group, the regulation’s endorsement at the highest level of EU politics “marks a significant milestone in the journey towards a more secure and inclusive digital environment for all citizens” across …

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iGP set to enter crypto sector with solutions that ‘maximise opportunity’

SBC News iGP set to enter crypto sector with solutions that ‘maximise opportunity’

iGP is gearing up to enter the crypto sector as the provider unveiled its upcoming tailored solutions for operators, as well as fiat currency. Launching its ‘Road to Lisbon’ campaign at SBC Summit Rio this week, the company looks to promote its new cryptocurrency solutions which will launch later this year, which aim to assist entrepreneurs and established businesses to …

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EFL agrees new international TV rights deals

Premier League sponsorships: Can 'provocative action’ be taken on responsible partnerships?

EFL clubs have officially announced new international TV rights deals to broadcast EFL competitions globally. In two four-year partnerships with Pitch International and Relevent Sports, the agreements signify a ‘landmark’ in guaranteed international rights fees for EFL clubs and. With these new arrangements, the league will be represented by two different agencies covering global TV markets until the conclusion of …

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SRIJ Portugal sees 40% increase in gambling self exclusions

SBC News SRIJ Portugal sees 40% increase in gambling self exclusions

 Serviço de Regulação e Inspeção de Jogos (SRIJ), The Gambling Authority of Portugal has reported that online self-exclusion registrants reached 215,000 in the fourth quarter of 2023. The agency noted that while online gaming gross revenue improved year-over-year by over 16 per cent, land-based gaming revenue dropped by almost four per cent. Publishing data for Q4, the SRIJ declared a 16.4 per …

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SBC Summit Rio: EstrelaBet backs home advantage in opening of Brazil Bets market

SBC News SBC Summit Rio: EstrelaBet backs home advantage in opening of Brazil Bets market

Brazil founded EstrelaBet serves as the Gold Sponsor of the inaugural SBC Summit Rio (5-to-7 March 2024), the biggest dedicated igaming show to be hosted in Brazil. Attending the Summit Rio,  Fellipe Fraga, Chief Business Officer (CBO) details how EstrelaBet will leverage localised knowledge and brand visibility to capitalise on opening proceedings of Brazil Bets market, emphasising EstrelaBet’s optimal understanding …

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BetComply launches tool to help navigate shifting Netherlands compliance landscape

SBC News BetComply launches tool to help navigate shifting Netherlands compliance landscape

Regulatory compliance specialist BetComply has introduced a tool that combines self-assessment with auditing services for licence holders in the Netherlands.  The ‘ComplyCheck’ solution, powered by SG Certified, offers a set of questions that can be completed by operators with the relevant evidence before submitting it to the BetComply team for review.  BetComply then analyses the information with the help of …

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Kambi marches into 2024 with “limitless” supply of products

SBC News Kambi marches into 2024 with “limitless” supply of products

With 2024 shifting into third gear, Kambi had a lot to discuss about its new technologies and market ambitions going forward.  Sarah Robertson, SVP of Sales at Kambi, met SBC Media’s very own Content Director Ted Menmuir at the recent ICE London event to talk about the sportsbook provider’s new motto “Together we are limitless” and some of the plans …

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PABS and Timeform: ‘Shared commitment to accuracy and integrity make for a natural fit’

SBC News PABS and Timeform: ‘Shared commitment to accuracy and integrity make for a natural fit’

Content and sports betting data supplier PA Betting Services (PABS) recently announced plans to become the official supplier and managing partner of sports data and content provider Timeform’s B2B services. SBC Media spoke exclusively to PA Betting Services Director Eugene Delaney and Timeform Director Sebastian Butterworth about the rationale behind the deal. SBC: What was it about Timeform that made it an attractive …

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888 to end US affairs agreeing on $50m closure of Sports Illustrated JV

SBC News 888 to end US affairs agreeing on $50m closure of Sports Illustrated JV

888 Holdings has notified investors that it has begun a strategic review of its US B2C operations, considering all available options for its US joint-venture with the Authentic Brands Group. This morning, 888 notified that US partner Authentic Brands Group the apparel and entertainment fund that owns Sports Illustrated has “agreed to consensual license termination for US territories”. The decision allows …

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