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City View: Entain needs DNA change to meet 2024 recovery 

SBC News City View: Entain needs DNA change to meet 2024 recovery 

Last Thursday, Entain Plc published its full-year accounts revealing the scars of a problematic 2023. The long-awaited results of the FTSE100 gambling group left no place for hiding as leadership declared corporate losses of £900m. Though leadership maintains that dire 2023 results were down to legacy failings, under the bonnet, the year-end accounts detailed growing concerns across all markets including …

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Haddad pressed to name President of Brazil Bets Secretariat

SBC News Haddad pressed to name President of Brazil Bets Secretariat

Pressure mounts on Fernando Haddad, Brazil’s Minister of Finance, to name a President of the Secretariat of Bets and Prizes, an appointment needed to finalise the launch of Brazil’s federal sports betting marketplace. In Congress, frustration mounts as the Ministry of Finance has yet to publish the final schedule to launch the ‘Bets’ regime as authorised on 2 January by …

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Kindred highlights ‘dynamic sustainability’ in 2023 report

Kindred Group - Nils Andén, Tom Banks

Kindred Group has published its combined Annual and Sustainability Report for the 2023 financial year.  Providing an introduction to the company and its strategy and key value creation drivers, Kindred detailed its focus on expanding its share in locally regulated markets under the leadership of CEO Nils Andén. Emphasising the importance of navigating complex regulations to deliver compelling experiences to …

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Betano continues to support Romanian football until 2030

SBC News Betano continues to support Romanian football until 2030

Betano has announced an extended partnership with the Romanian Football Federation (FRF). Following what the pair described as a ‘very positive’ two years of working together, the deal between the Kaizen Gaming-owned operator and the governing body will now continue until 2030. A spokesperson for Kaizen Gaming highlighted in a release the pair’s ‘shared vision and innovative initiatives’ such as …

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Gator Wagers Talks Alliances, Golf, and DFS values

SBC News Gator Wagers Talks Alliances, Golf, and DFS values

We often stress the value of customer loyalty, especially from the standpoint of operators. Yet, as our interviewee astutely notes, there are times when ‘it’s essential not to be exclusively loyal to any one sportsbook.’ “Where you place your bets can be just as crucial as who you bet on.” That’s why Gator Wager aggregates real-time odds from major operators …

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Entain’s bwin launches special fan experience ahead of the UEFA Europa League final 

SBC News Entain’s bwin launches special fan experience ahead of the UEFA Europa League final 

Entain-owned sportsbook brand bwin is giving football fans the opportunity to play a match on the UEFA Europa League Final pitch the day after the match.  The ‘Fans Final’ competition comes to fruition thanks to bwin’s multi-year partnership with the UEFA Europa Conference League and the UEFA Europa League – with the final of the latter to be played out …

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News International eyes Racing Post takeover

SBC News News International eyes Racing Post takeover

News International, the publisher of The Sun and The Times, is in negotiations with the owners of the Racing Post over a potential acquisition of the UK’s ‘horse racing bible’, SBC and Gaming&Co can reveal. The Racing Post is part of betting media, content and data provider Spotlight Sports Group, which is owned by private equity fund Exponent. Taking over …

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Betby & TrueLabel partnership addresses igaming’s ‘current gaps’

SBC News Betby & TrueLabel partnership addresses igaming’s ‘current gaps’

Betby has announced a new partnership with European igaming products provider TrueLabel. Betby’s sportsbook is now available to operators via TrueLabel’s Turnkey, White Label and Crypto Casino solutions.  Chris Nikolopoulos, CCO of Betby, emphasised that both TrueLabel and Betby are committed to delivering advanced products that address the ‘current gaps’ and meet the ‘evolving needs’ of the igaming industry.  “With …

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Torrero onboards Oddin.gg esports offering to betting brands lineup

SBC News Torrero onboards Oddin.gg esports offering to betting brands lineup

Esports live odds provider Oddin.gg has announced a new deal with betting operator Torrero.  Torrero will elevate the partnership to bolster its betting offering by integrating Oddin.gg’s Odds Feed and Risk Management solutions.  Aleksei Tolstov, Head of Business Development at Torrero, commented: “We are excited to leverage Oddin.gg’s acclaimed solutions, providing our users with a secure, reliable, and exhilarating betting …

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OPAP sets €2bn revenue record but tax burden dims profit results 

SBC News OPAP sets €2bn revenue record but tax burden dims profit results 

OPAP SA states that it has established a new benchmark for its business, generating more than €2bn in corporate revenues. The Athens-listed gambling group published its full-year 2023 accounts, in which revenue results amounted to €2.08bn, up 7% on FY2022 comparatives of €1.93bn. The record-breaking figure was achieved off the back of stellar Q4 trading, as OPAP’s “Q4 2023 GGR …

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