Sportsbook

Betsson has announced that it has officially launched in Italy with its sports betting offering. Described as a ‘strategic move’, the Swedish operator looks to further demonstrate its expansion into new markets which has accelerated across multiple different regions.  Ronni Hartvig, Chief Commercial Officer of Betsson Group, described how the country has grown significantly in importance for the Betsson AB-owned …

The Australian division of sportsbook operator bet365 has landed in hot water by attracting unwanted attention from the country’s financial regulator AUSTRAC. According to the watchdog, the probe was launched based on reports of compliance shortcomings with Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The latest is part of AUSTRAC’s ‘extensive supervisory campaign’ launched last year to …

Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …

Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …

Sportradar has announced a six-year partnership with the United Soccer League (USL). Through the deal with the USL – the largest professional association football league in the US – the Swiss sportstech and data provider looks to expand its portfolio of North American partners, whilst focusing on delivery of data and audio-visual products. Sportradar has been named official betting and …

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 …

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 …

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 …

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 …

OKTO has announced that its strategic portfolio company U4C has been authorised to process payments in Brazil’s Paraiba Lottery. The move demonstrates the multinational payments provider’s preparation for the evolving regulatory framework in the local betting landscape, expanding its footprint in the Brazilian market as well as strengthening its position across diverse sectors. Signed into law just before New Year …