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North American news

SBC Leaders: Regulatory blindspots and the industry’s COVID bounceback

SBC Leaders: Regulatory blindspots and the industry’s COVID bounceback

“We need to be able to look ourselves in the eye and say we did everything we could,” explained William Hill CEO Ulrik Bengtsson, as he contemplated the importance of social responsibility and player protection across the betting and gaming industry. This exclusive interview with Bengtsson opens the second edition of SBC Leaders for 2021, where he shares his views …

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FanDuel: Sports fans want experiences ‘radically different to traditional formats’

Appearing in the debut episode of the SBC Leaders Podcast, a podcast series that gets to know the people driving global gaming’s biggest developments, FanDuel CEO Matt King discussed the operator’s approach to developing sports betting in ‘radically different’ formats. Speaking to SBC’s Global Relationships Director, Kelly Kehn, King outlined how both the sports betting and sports broadcasting markets are …

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Flutter loses Kentucky appeal on PokerStars $870m litigation 

The Supreme Court of Kentucky has denied Flutter Entertainment Plc an appeal to rehear the litigation made by the state against its PokerStars subsidiary.    The FTSE100 firm’s request relates to the Kentucky Court of Appeals reversing its judgement on PokerStars owing the Commonwealth of Kentucky $870 million for unlicensed online poker wagers recorded between 2006-to-2011. In 2018, Kentucky judges ruled …

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Bally’s shows its hand targeting a £2bn takeover of Gamesys

Bally’s Corporation has reached an ‘agreement in principle’ to acquire Gamesys Group Plc after proposing an initial approach of +£2 billion.  The US gambling conglomerate, which seeks to aggressively expand its digital portfolio, has offered an £18.50 cash per share offer to Gamesys investors to open negotiations.  Bally’s stated that its offer equates to a near 40% premium on Gamesys’ …

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GeoComply secures Blackstone and Atairos as as debut investors

Geolocation and compliance developer GeoComply has secured Blackstone Growth and Atairos as its first minority institutional investments to support its continued expansion. The new partnerships will focus on accumulating institutional capital into GeoComply, to support the company in maintaining growth in its core markets as well as develop its expansion in new verticals and sectors. Although the terms of the …

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Genius appoints media guru David Levy as company chairman  

Genius Sports has confirmed the appointment of David Levy as new company Chairman, as the company moves to imminently list on the New York Stock Exchange (NYSE). A figurehead in US sports and entertainment, Levy is the former President of Turner Broadcasting, credited with radically diversifying the news broadcaster’s media portfolio. During his 30-year executive tenure at Turner, Levy played …

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Sportradar strengthens US offering through Synergy Sports acquisition

Sportradar has entered into a definitive agreement to acquire Synergy Sports, the market leader when it comes to data and video analytics for the US college and professional sports space. The agreement, which comes hot on the heels of Sportradar’s acquisition of personalised messaging platform Fresh Eight, cements its position in the US market where it holds ‘keystone’ partnerships with …

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Sportsflare extends long-term partnership with GameScorekeeper

Tidal Gaming Group’s B2B esports odds provider Sportsflare has formed a production and distribution partnership with data provider GameScorekeeper. The long term agreement will see GamesScorekeeper distribute Sportsflare’s Ai-driven odds solutions to a range of sports betting clients –  including DraftKings and Pinnacle – whilst working to enhance the latter’s operations via the provision of integrity focused esports data. Sportsflare …

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FIFA enhances safeguarding strategy via Global Integrity Programme

FIFA has enhanced its global football safeguarding policy via the launch of the Global Integrity Programme, in cooperation with the United Nations Office on Drugs and Crime (UNODC). The programme places a strong emphasis on education, aiming to enhance integrity within all 211 member organisations via resource and knowledge sharing among various Integrity Officers, with the aim of preventing match …

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‘Product leadership strategy’ in regulated markets key to 888 success

888 Holdings has published its full results for the year ending 31 December, reporting strong growth driven by success in regulated markets and a varied product range. The FTSE250 group’s overall revenue increased to $849.7 million, up 52% from the 2019 figure of $560.3 million. In addition, the firm reported adjusted EBITDA of $155.6 million – or 18.3% – up …

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