Sportsbook and casino platform provider Digitain has strengthened its virtual sports offering after securing a new agreement with Kiron Interactive. Under the agreement, Kiron will supply its latest virtual football offering, Goal, as well as its virtual racing products and numbers games. Commenting on the deal,Digitain CCO Suren Khachatryan said: “We are delighted to partner with a market-leading virtuals supplier as …
Read More »Europe
Diversified Stars Group rides out first wave of COVID-19 headwinds
Mirroring merger partner Flutter Entertainment, this morning The Stars Group Inc (TSG) has issued a trading update detailing that Q1 2020 revenue performance has been maintained despite facing COVID-19 disruptions. TSG has predicted that it will generate circa $735 million in group revenues for Q1 2020 trading, reflecting a 27% increase on Q1 2019’s $580 million. The TSX Group cited …
Read More »International profile buoys Flutter during troubled times
The continuation of racing across Australia and the US has come as a welcome relief for Flutter Entertainment, as its retail estate faces a blow from the postponement of global sporting events. Publishing a Q1 trading update for the three months ended 31 March 2020, Flutter reported group-wide year-on-year revenue growth of 16% in Q1, reported at £547 million for …
Read More »Svenska Spel makes advanced payment to grassroots sport scheme
Swedish gambling operator Svenska Spel has confirmed that it will make an advanced payment of SEK 20 million to its grassroots sports initiatives following a number of concerns over COVID-19. Svenska Spel’s Gräsroten initiative has been running over seven years, and usually distributes funds to the grassroots initiatives in November of each year. The payment will now be divided into …
Read More »Smarkets – Lockdown sees politics take centre stage
Smarkets has seen a ‘considerable uptick’ in wagers on political events this March as punters turn their attention to politics following COVID-19’s postponement of the sports calendar. The online betting exchange detailed that it recorded £1.1 million wagers across its political markets, representing a 95% increase on February trading of £580,000. Excluding months leading up to the UK general elections, …
Read More »GiG finalises sale of B2C assets to Betsson
Gaming Innovation Group (GiG) has confirmed that it has completed the sale of its B2C assets to Betsson Group in a €33 million deal. The sale include the operator brands Rizk, Guts, Kaboo and Thrills and related operational entities which will continue to be operated on GiG’s platform for a minimum of 30 months. For the first 24 months, it …
Read More »Scout Gaming rolls out esports betting
B2B fantasy sports platform provider Scout Gaming has moved to expand its portfolio. confirming the launch of its esports betting offering across its network of partners. Launching its new vertical, Stockholm-listed Scout Gaming underlines that it is committed to expanding its availability of esports content during the coming weeks, as industry incumbents navigate COVID-19 disruptions. The esports offering will be …
Read More »SPFL concludes Ladbrokes Championship with COVID crisis plan
Scotland’s Ladbrokes Championship, Ladbrokes League 1 and Ladbrokes League 2 has reached a ‘written resolution’ effective immediately after the SPFL’s COVID-19 crisis plan was passed. The plan, passed by 81 per cent of all SPFL clubs including the Ladbrokes Premiership, has resulted in Dundee United FC being crowned Championship champions. However, Scotland’s top decision has not been affected in the …
Read More »MGA and FIAU combat money laundering with Memorandum of Understanding
The Malta Gaming Authority (MGA) has confirmed that it has signed a Memorandum of Understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU). The MoU will specifically focus on improving the sharing of information on the areas related to the supervision of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT), provided for by the Prevention of Money Laundering …
Read More »Kiron strengthens SBTech partnership
Kiron Interactive has agreed to integrate its BetMan platform with SBTech, making its entire portfolio of virtual games available to the technology and systems provider. Under the terms of the agreement, Kiron has agreed to add a range of virtual sports events, number games and esteemed football content, including its brand-new football product, GOAL, to the existing offering. Steven Spartinos, …
Read More »