Technology

Kambi Group Plc is confident that it will bounce back strongly from a difficult 2022 as the sportsbook technology supplier establishes new financial targets based on strategic growth areas.  Publishing its Q4 trading update, the Stockholm-listed technology group achieved corporate revenues of €57.8m, up 66% on 2021 comparative results of €35m. Period trading saw Kambi rewarded with a €12.6m termination …

LeoVegas AB has agreed to sell its 25% stake in igaming B2B venture BeyondPlay to Bettor Capital for €1.9m.  Currently finalising its sale to MGM Resorts, Leo Vegas had been an early-stage investor of BeyondPlay (formerly SharedPlay) since the start-up was founded in 2021. Led by founder Karolina Pelc, BeyondPlay is a specialist developer of multiplayer components/tools for igaming operators …

Genius Sports has announced the launch of its new ‘Genius Marketing Suite’ – an “all-in-one fan marketing solution specifically developed to transform how partners identify, engage and retain sports fans.” Customised to fit individual clients’ needs, the Genius Marketing Suite enables brands, sponsors, sportsbooks, leagues and teams to optimise every stage of their fan marketing journey. The suite will provide …

JKR Investment Group will provide financial backing to KYCAid in an agreement that strengthens the investor’s regulatory technology portfolio. KYCAid will join companies such as BETER, BETEGY and Cargofy as partners of JKR Investment Group. This investment, the company explained, will help scale the company’s global operations into new markets and industries – with Canada, Europe, Latin America and the …

Sports technology firm Sportradar has confirmed the launch today of a new suite of standalone artificial intelligence solutions. Badged as Insight Tech Services, the new addition enables sportsbook operators to optimise the performance of their trading, risk management and marketing functions in-house.  According to the firm, Insight Tech Services is a complement to its Managed Trading Services (MTS), allowing it …

Fastex Chain has committed to improving the efficiency and security of its blockchain product with the February 1 launch of its Testnet mechanism, featuring the latest consensus feature, Proof of Stake Autonomy (PoSA). Part of the SoftConstruct group of brands, Fastex is a Web3-driven exchange that allows developers, builders and businesses the opportunity to build and scale decentralised applications. Vigen …

Oliver Lietz CEO of nanocosmos dissects the challenges multi-national operators face when it comes to delivering high-quality streaming to players in different global markets. He also explains how these hurdles can be cleared so that operators can ensure players receive the same seamless experience in all of the markets they are active despite the unique challenges faced in each. __________ …

As the firm eyes up a wider operational focus and enhanced standing in multiple markets in 2023, Digitain has launched a payments division, Paydrom. A ‘cutting-edge’ payment gateway, the new service has been designed to speed up, improve the safety and enhance the convenience of online transactions, with a range of add ons specifically targeting betting firms. Digitan has integrated …