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Endeavor Co, the NYSE-listed sports and entertainment fund, has announced that it has integrated the business of IMG ARENA “under the banner of OpenBet”. The strategic decision to combine both technology businesses is required to execute commercial opportunities servicing key clients within the global sports betting and gambling sectors. As announced this morning: “The integrated entity will leverage the individual …

Ahead of next month’s ICE London Oliver Lietz, CEO at nanocosmos, takes a look at the demands igaming and betting operators face when targeting growing markets like Brazil and shares how the company is addressing them. At ICE London, Feb 6-8, booth N9-322 nanocosmos will present nanoStream Cloud as a solution for adding interactive live streaming to live games and …

Rank Group Plc has returned statutory profits against continued ‘UK macro headwinds’ impacting the performance of its land-based gambling units. Publishing its H1 2023/2024 interim results for the period ending 31 December, the LSE gambling group registered a 9% increase in corporate net gaming revenues (NGR) of £362m (H1 2022/23: £332m). Citing strengthened all-round operating efficiencies, interim trading saw Rank …

Spotlight Sports Group (SSG) has partnered with BoyleSports to deliver a custom-built Cheltenham Festival Content Hub. The ‘Destination Cheltenham’ Content Hub will boast key features that the group has reported as ‘highly successful’ in previous iterations – maintaining an immersive experience for users.  Head of B2B Sales at SSG, Daniel Smith, commented: “We’re delighted to undertake our first-ever ‘Destination Cheltenham’ …

Allwyn UK has a ‘new bold vision’ for the National Lottery, as it takes on the duty of raising money for good causes across the UK and making a difference in the lives of ordinary people. As of 1 February, Allwyn assumes stewardship of the National Lottery, taking over the UK government’s multi-billion-pound contract supporting charities, heritage projects, and cultural …

The Autorité Nationale des Jeux (ANJ), France’s gambling authority has updated its framework related to how operators should protect minors and players at risk of excessive or pathological gambling. The French gambling regulator said the framework was set up to implement a sustainable and recreational business model among land-based and online operators in the country and while new studies set …

The National Gambling Helpline has revealed that the number of people who reached out to the gambling harm prevention initiative in 2023 reached a record number. According to a report from the group, the helpline registered a total of 52,370 calls and online chats, which constitutes a 24% increase compared to the year prior. Moreover, August 2023 was the busiest …

The board of Svenska Spel has been demanded to explain its reason for closing down the Casino Cosmopol venues in the cities of Gothenburg and Malmö. As announced on 25 January, Svenska Spel, Sweden’s state-owned gambling firm, will shut down Cosmopol venues in Gothenburg and Malmö as part of the firm’s ongoing reorganization of its land-based gaming units. The decision …

Sports betting-focused company Algosport will host an online conversation on trading technology in sports betting, taking a deep dive into the sector. The webinar, part of SBC Webinars, will take place later today, 31 January, at 14:00 GMT, and will feature several speakers, including Jeevan Jeyaratnam, COO of Abelson Odds, Leigh Herdman, Founder and CEO of Algosport, Marc Thomas, Industry …

The UK Gambling Commission (UKGC) has published its latest datasets tracking  participation in UK gambling up to December 2023.  The Commission continues to gather data from the “biggest operators covering 80% of the online gambling market” – an initiative started in March 2020, monitoring gambling behaviours during the COVID-19 pandemic. As stated, “this release compares Quarter 3 (Q3) of financial …