Europe

Allwyn International has secured a $500m accordion facility underwritten by a ‘syndicate of international banks’. The $500m facility will be made available to the global lotteries group for a period of six years, as part of the firm’s existing Senior Facilities Agreement (SFA). Allwyn will use the proceeds to finance its planned investment in Instant Win Gaming, announced in February …

BetMakers Technology Group and Gaming Innovation Group (GiG) are going to be delivering racebook services on GiG’s sportsbook platform SportX. This will be made possible through integration with BetMakers’ Embedded Racebook Solution, which allows operators to offer a full racebook with a comprehensive platform that includes wagering, form, data and embedded video.  Andrew Cochrane, CBO at GiG, commented: “This agreement …

HBA Media has partnered with Genius Sports to launch ‘Crown Jewels Racing Fantasy’ (CJRFantasy), aiming to make horse racing competitive in the world of sports broadcasting. CJRFantasy, the first international horse racing fantasy game, has been launched to help ‘unify the global horse racing calendar’, providing broadcasters and fans around the world with a new platform to improve their knowledge, and compete with each other …

Flutter Entertainment Plc has declared corporate losses of $1.21bn after completing a transformative year for its business, which achieved the headline objective of becoming global gambling’s most valued Plc.  Publishing its full-year 2023 accounts, the joint FTSE-&-NYSE-listed gambling group reported revenues of $11.7bn, a 24% increase over the FY2022 results of $9.4bn.  Headline growth shows Flutter delivering on the goals …

Sky Sports will show the Indian Premier League (IPL) for cricket fans in the UK and Ireland for the next four years.  The broadcaster agreed a deal with the league to showcase the sport’s largest competition whilst renewing a deal to retain broadcasting rights to the Women’s Premier League (WPL).  The IPL and WPL will be exclusively broadcasted on Sky …

The English Football League (EFL) has announced plans to allocate £600,000 in funding to communities throughout England, marking the initial distribution of grants in collaboration with Sky Bet. As part of the fund, financial assistance will be directed towards initiatives associated with over 60 EFL clubs, including a variety of projects aimed at addressing isolation, enhancing fitness and mental well-being, boosting sports …

Further developments have surfaced in the ongoing legal dispute between Entain Plc and Sports Entertainment Media BV regarding the deal valuation of BetCity.nl. On 19 March, Sports Entertainment Media BV and related parties submitted a counterclaim to the High Court of Justice of England and Wales demanding €104m in compensation from Entain. The counterclaim, put forward by the Singels family …

BoyleSports has upped the prize pot for the Best Turned Out horse at the Irish Grand National to €1,000.  As the title sponsor of the competition held at the Fairyhouse track, BoyleSports has said that it looks to use the occasion to ‘recognise the hard work put in by stable staff year in, year out’. Sharon McHugh, Head of PR …

Continent 8 Technologies has confirmed the appointment of Ai Ishii as the Regional Sales Director of the igaming infrastructure and cybersecurity solutions provider. Ishii is an experienced business development specialist skilled in sales and fostering strategic partnerships, having worked for renowned organizations such as Bragg Gaming and nChain. Brian Koh, Chief Commercial Officer at Continent 8 Technologies, added: “Ai is …

Betano has been named the new shirt sponsor of Aston Villa FC, according to The Telegraph.  Starting next season, the Greek online sports betting platform is reportedly paying £20m a year for two years, which coincides with the Premier League club’s latest Adidas kit launch. As the top flight side pushes for a Champions League place under manager Unai Emery, …