Grupo CIRSA has lauded its 2022 financial recovery as all core business units “return and outperform pre-COVID 2019 trading”. Full-year 2022 results saw the Blackstone-owned Spanish gambling group declare an operating profit of €552m, up 66% on the corresponding FY2021 result of €331m. Headline growth was attributed to CIRSA units achieving a combined peak operating income of €1.74bn, ahead by …
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Sisal strengthens North African hold with Moroccan sports betting licence
Flutter Entertainment’s Sisal Italia subsidiary has secured its latest international licence, having been awarded an exclusive eight-year sports betting licence in Morocco. The operator emerged as the victor in the tender process for Moroccan sportsbook operations from the La Marocaine des Jeux et des Sports (MDJS), whilst the licence has the added possibility of a two-year extension. Sisal will be …
Read More »Betway grows women’s football in Ghana via enhanced GFA deal
Betway has extended its sponsorship with the Ghana Football Association (GFA) relating to its Women’s Premier League. The online betting and gaming brand will continue to be the official development partner of the league, enhancing its brand recognition in the country. Kwabena Oppong Nkrumah, Country Manager at Betway, stated: “We are delighted to announce an extension of our sponsorship with …
Read More »Sun International renews long-running Kambi sportsbook partnership
One of Kambi’s longest-running sportsbook supply partnerships has been extended, as the firm puts pen to paper with African firm Sun International. As a result, the Stockholm-listed B2B solutions provider will continue to support Sun International’s multi-channel operations with its sports betting technology and services. Trading on the Johannesburg Stock Exchange, Sun International is a prominent operator in South Africa, …
Read More »Adam Smith: Leading FSB in 2023
A few weeks on from his appointment as interim Chief Executive Officer of FSB, Adam Smith is settling into the role and looking forward to the year ahead. Smith sat down with SBC News about the global markets on his agenda for the next 12 months, touching upon the reasons why he was attracted by the opportunities at FSB and …
Read More »World Pool Days extended to 25 races to build on 2022 success
In pursuit of its goal of supporting and expanding horse racing, the World Pools has announced the addition of four new race days. The World Pool – set up as an international parimutuel betting community by the Hong Kong Jockey Club (HKJC) – has set up new days in Australia, Saudi Arabia, South Africa and Ireland, expanding the number of …
Read More »Technamin appoints Hmayak Manukyan to seize Africa’s ‘golden opportunity’
Technamin has announced a new addition to its senior management, appointing Hmayak Manukyan as its Regional Director for Africa. Described by the firm as an experienced salesman, Manukyan will lead the company’s growth strategy across African betting markets. The new hire has been charged with leveraging his knowledge of the industry with the development of the latest technologies, which the …
Read More »Two tennis players found guilty of match-fixing by the ITIA
Two Algerian tennis players have been banned from the sport as the result of investigations into match-fixing. The International Tennis Integrity Agency (ITIA) has put in place a lifetime ban for Mohamed Hassan, and a two-year ban for Houria Boukholda (with 18 months suspended). Additionally, Hassan was fined $12,100 and Boukholda fined $10,000 (with $9,000 suspended). There were reportedly several …
Read More »Retail resurgence, market changes and a pinch of data – SBC News’ Quotes of the Year 2022
Everyone loves a good quote, whether it be from a statesman, philosopher, songwriter or playwright, sometimes just a few words can cut right down to the true meaning of an issue. At SBC News, we can’t get enough of quotes, so we sifted through our features from 2022 to pick out 12 of the best covering a range of topics …
Read More »Honoré Gaming: Creating the next boom in the African market
As a vast continent with a large, young and sports enthused population, it is unsurprising that Africa poses great potential as an emerging betting market with a strong growth rate, albeit with some local hurdles in areas of regulation and payments in particular. Discussing his experience and providing insights on the African betting industry with SBC Leaders, Honoré Gaming’s CEO, …
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