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888 narrows 2023 losses as Widerström Evokes new vision 

Per Widerström, 888 CEO

888 Holdings declares that it has established the foundations for future sustainable growth under new company leadership, which will lead the business under its new identity as Evoke Plc. This morning the LSE gambling group published its full-year 2023 accounts, registering ‘reported’ corporate revenues of £1.71bn, up 38% on FY2022 comparative results of £1.23bn. However, pro-forma trading marked 888’s revenue …

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Bayes Esports: why the sector can’t survive without a data strategy

SBC News Bayes Esports: why the sector can’t survive without a data strategy

Amir Mirzaee, Chief Commercial Officer and Managing Director of Bayes Esports, assesses the numerous advantages that are born from utilising the correct data, as well as what plus points these can bring to both operators and players. Esports has become ubiquitous in the context of the next generation of sports and gaming enthusiasts alike. But, what role exactly does esports …

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Flutter counts $1.2bn loss completing its 2023 transformation 

SBC News Flutter counts $1.2bn loss completing its 2023 transformation 

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 …

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Sky Sports to broadcast IPL in UK & Ireland

CricketBet

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 …

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Sky Bet backs EFL community projects with fresh funds

SBC News Sky Bet backs EFL community projects with fresh funds

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 …

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Entain faces €104m counterclaim on BetCity.nl deal rewards

SBC News Entain faces €104m counterclaim on BetCity.nl deal rewards

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 …

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Continent 8 hires Ai Ishii as Regional Sales Director

SBC News Continent 8 hires Ai Ishii as Regional Sales Director

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 …

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Villa nets shirt sponsorship ‘twice the amount’ of BK8 deal

SBC News Villa nets shirt sponsorship ‘twice the amount’ of BK8 deal

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, …

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Yggdrasil settles €30k fine for Swedish B2B infringements

SBC News Yggdrasil settles €30k fine for Swedish B2B infringements

Spelinspektionen, Sweden’s Gambling Inspectorate, has issued a warning and a penalty fee of SEK 300,000 (€26,000) to Yggdrasil Gaming for non-compliance with regulations related to licensed supplier services/authorisations. The regulator has stated that, through its investigations into unlicensed gaming websites on January 16, 2024, it determined that Yggdrasil had provided gaming software to an operator who didn’t have the necessary Swedish licence to …

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