Featured News

News that the SBC Team choose to highlight

PA Betting Services: how to stand out in a competitive marketplace

pa betting services content marketing

Content marketing is fast becoming a vital component in the drive to make your brand stand out in the marketplace according to Richard Duncan, Head of Business Development and Strategic Partnerships, PA Betting Services. But crucially, there are some challenges to address if you want to strike the correct balance.  SportsHandle has reported the cost of acquiring customers has been …

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Lira intervention threatens the federal passage of Brazilian sports betting

SBC News Lira intervention threatens the federal passage of Brazilian sports betting

Arthur Lira, the President of Brazil’s Chamber of Deputies, has intervened in the process of regulating a federal sports betting regime. Representing the Lower House of Brazil, Lira has demanded that the government’s “provisional measure” to regulate sports betting be converted into a federal bill. Last week, Brazilian ministries received a “provisional measure” drafted by the Ministry of Finance, which …

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Nils Andén to lead Kindred after Henrik Tjärnström steps down as CEO

Kindred

Henrik Tjärnström has resigned as CEO of Kindred Group, with Nils Andén named as his replacement by the firm’s Board of Directors on an interim basis. The outgoing CEO first assumed leadership duties of the Stockholm Nasdaq gambling group in July 2010, having stepped up from his joint role as Deputy CEO and Chief Financial Officer, a position he began …

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Catena maintains long-term vision amid slow 2023 start

SBC News Catena maintains long-term vision amid slow 2023 start

Catena Media Plc maintains confidence in its corporate reorganisation and long term growth targets, despite a difficult start to year trading, dragged by underperforming US results.  Publishing its Q1 2023 trading update, total group revenue from continuing operations stood at €35m, down 5% on corresponding 2022 results of €37m. Period trading saw Catena’s North American unit impacted by a 2% …

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Better Collective lauds new business profile as Q1 cash results jump x3

SBC News Better Collective lauds new business profile as Q1 cash results jump x3

Better Collective AS has opened FY2023 trading with a further consecutive recording-breaking quarter, underlining the success of its strategic business shift and M&A strategy.  The results of Q1 2023 have been deemed as a “high-water mark in its financial performance” as group revenues total €88m, up 30% on corresponding 2021 results of €67m. “We’ve achieved another record-breaking quarter. The performance …

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‘Racing’s money tree is running out of money’ – William Woodhams’ White Paper reflections

‘Racing’s money tree is running out of money’ - William Woodhams’ White Paper reflections

The UK government has “kicked the can further down the alley” with its Gambling Act review White Paper, William Woodhams lamented, as plans for a series of consultations and political uncertainty cloud the clarity around betting’s regulatory direction.     Assessing the DCMS’ conclusions, the industry’s preparations and how it can react, Fitzdares’ CEO observed that bookmakers have by and large …

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Brazil to tighten laws on betting integrity, prize authorisation and tax allocations 

Brazil’s IBGR lambasts Lula administration’s betting tax ‘burden’

Yesterday afternoon, Brazil’s federal government notified agencies of its imminent plans to publish provisional measures required to regulate a fixed-odds sports betting market.  Via SBCNoticias, further developments have been uncovered in relation to the regulatory development of Brazil’s pending sports betting regime, with measures drafted by the Ministry of Finance and due to be endorsed by President Lula da Silva. …

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BetConstruct upgrades esports offering with BETER deal

SBC News BetConstruct upgrades esports offering with BETER deal

BETER has built upon its partnership with BetConstruct after agreeing to supply its portfolio of sports and esports events as well as its live casino services to the igaming provider. As well as coverage of in-house table tennis matches from BETER’s Setka Cup tournaments, BetConstruct will also benefit from access to a range of efootball, ebasketball and Counter Strike: Global …

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KRAIL stands by its authority of Ukraine gambling 

Ukraine Flag

KRAIL – The Commission for the Regulation of Gambling and Lotteries in Ukraine has hit back against direct attacks made against its organisation by The Ministry of Digital Transformation.  This week, the Ministry presented ‘Draft Bill-9256’ to the Verkhovna Rada (parliament), seeking authorisation to ‘liquidate KRAIL’ of its duties as the authority overseeing Ukrainian gambling. Mykhailo Fedorov, who leads the …

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EveryMatrix tracks record breaking 2023 as Q1 EBITDA jumps by 100%

EveryMatrix

EveryMatrix cites that it has achieved its ‘highest growth in company history’ as all business segments deliver on record financial performance and profitability.  Publishing its Q1 trading report,  the B2B igaming technology group achieved a net revenue of €23.5m, representing a 69% 2022 comparatives and a subsequent 21% Quarter-on-Quarter increase – to mark EveryMatrix’s sixth consecutive quarter of headline revenue …

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