Sportradar AG has achieved all commercial and operating objectives of a ‘dynamic 2023’ as the Nasdaq sports technology group sets the target of surpassing €1bn in corporate revenues in 2024. Publishing its full-year 2023 accounts, Sportradar lauds its third consecutive year of double-digit growth as corporate revenues stand at €878m, 20% above FY2022 results of €730m. Double-digit growth in headline …
Read More »North America
Gambling.com banks $50m credit facility to bolster balance sheets
The board of Gambling.com Group has announced that it has secured a new $50m credit facility backed by Wells Fargo Bank. The credit facility will be used by the Nasdaq-listed igaming media company for “general corporate purposes, to settle deferred consideration, and to fund potential growth opportunities.” Investors were informed that Wells Fargo will provide its $50m allotment in two …
Read More »Sportradar to elevate in-play betting experience of the NBA
Sportradar has launched an enhanced betting-related functionality within NBA League Pass in partnership with the NBA. Sports betting content, such as point spreads, over-unders, and money lines, will now be seamlessly integrated into the sport’s live streaming platform – powered by emBET, Sportradar’s over-the-top (OTT) solution. Speaking on how the partnership will elevate the in-play betting experience, Patrick Mostboeck, Sportradar …
Read More »SBC Digital Innovation – Sportsbook Tech Day to examine future of betting technology
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 …
Read More »Joe Markowski steps down as North America CEO for DAZN
DAZN’s head of North American operations, Joseph Markowski, has officially announced his departure from the sports entertainment group. Markowski was appointed as CEO of DAZN North America back in 2022, after his tenure as EVP for the region and also serving as a Global Platform EVP. At one point, he was operating from Japan as the Commercial Director of DAZN’s …
Read More »City View: Entain needs DNA change to meet 2024 recovery
Last Thursday, Entain Plc published its full-year accounts revealing the scars of a problematic 2023. The long-awaited results of the FTSE100 gambling group left no place for hiding as leadership declared corporate losses of £900m. Though leadership maintains that dire 2023 results were down to legacy failings, under the bonnet, the year-end accounts detailed growing concerns across all markets including …
Read More »SBC Summit North America to Discuss the Uncharted Path of iGaming in the United States
The 2024 edition of SBC Summit North America will spotlight iGaming, a vertical with immense revenue potential which is, however, often overshadowed in the United States by the successes in the sports betting field. The ‘iGaming’ conference track, scheduled for Wednesday, May 8th, will bring together senior iGaming professionals to share their invaluable insights on key topics within the sector. …
Read More »Gator Wagers Talks Alliances, Golf, and DFS values
We often stress the value of customer loyalty, especially from the standpoint of operators. Yet, as our interviewee astutely notes, there are times when ‘it’s essential not to be exclusively loyal to any one sportsbook.’ “Where you place your bets can be just as crucial as who you bet on.” That’s why Gator Wager aggregates real-time odds from major operators …
Read More »Checkd Group to accelerate growth with new digital PR team
Checkd Group has announced a new digital PR team to boost its organic search performance across its key sites in the UK and the US. Firstly, the technology-led sports betting specialist has named James Dixon as the Head of Digital PR of Checkd Media – the company’s content and marketing arm. Dixon said on his appointment: “This is a key …
Read More »Entain brings ‘Wall Street Pro’ Ronald J. Kramer as NED
The board of Entain Plc has announced the appointment of Ronald J. Kramer as a new Independent non-executive director (NED) of the FTSE 100 gambling group with immediate effect. An expert in corporate finance and asset management, Kramer is the current Chairman and CEO of Griffon Corporation (NYSE:GFF), a diversified management and holding company headquartered in New York. During his …
Read More »