Toronto TSX-listed The Stars Group Inc has strengthened its corporate governance’s strategic capacity and technology-led competencies by confirming the appointment of John Schappert as a new independent director. Regarded as a pioneer of the video games industry, Schappert is the co-founder of Tiburon Entertainment, the original games development studio of ground-breaking sports titles Madden NFL, NFL Street and NASCAR Racing. …
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Sportradar secures US data clean sweep through NFL deal
Sportradar is the first industry supplier to hold data distribution deals with each of the ‘big four’ US sports leagues – the NFL, NBA, MLB and NHL – after extending an existing deal with the NFL, the last of the four to approve the sale of official data to legal bookmakers. Key additions to the existing partnership include exclusive distribution …
Read More »Martin Wachter, Golden Race: Preparing virtuals for US players
Martin Wachter, CEO of Golden Race, discusses the “enormous” growth prospects for virtual sports in the US, where it is targeting a first state licence and launching games with “new and unique functions” to meet player tastes across the pond. SBC: What are the plans for Golden Race in the US? MW: We have been doing a great amount of …
Read More »Martin Lycka: Supreme Court’s (sports betting) punt return and beyond
In the second of a series of columns on international gambling legislation, GVC’s Director of Regulatory Affairs Martin Lycka takes a look at the current activity around sports betting in the US and tracks how the industry has arrived there and where it should go next. It is 14 May 14 2018, which may be the US football offseason, yet …
Read More »Flutter sees 24% drop in profits bitten by global regulatory demands
Flutter Entertainment Plc, the rebranded entity of Paddy Power Betfair, has seen its interim H1 2019 profits before tax drop by 24%, as FTSE100 betting group cites changes in regulations and taxation as the lead factor in its year-on-year performance decline. Operating its enlarged portfolio of Paddy Power, Betfair, FanDuel (US), Sportsbet (AUS) and the recently acquired Adjarabet (CIS), Flutter saw …
Read More »RMG optimistic following glorious Goodwood success
The partnership between Racecourse Media Group (RMG) and Goodwood Racecourse led to the successful broadcasting of last week’s Qatar ‘Glorious’ Goodwood Festival. The five-day meeting, which was broadcast worldwide, had attracted additional interest from North America, and with the sport seemingly growing in popularity in that region of the world, organisers are hoping the increased interest continues. When asked about …
Read More »Codere ‘advisory appointment’ rustles political feathers
Bolsa Madrid gambling firm Grupo Codere SA has caused controversy with its appointment of former Spanish Justice Minister Rafael Catala as a corporate advisor. Codere has stated to Spanish media that Catala a figurehead of Spain’s Partido Popular (Conservative Party) and former board member of the company between 2005-2011, will act as a ‘legal and regulatory advisor, with no executive …
Read More »Kambi strikes Penn National multi-state agreement
Kambi Group has significantly advanced its US profile by securing a ‘multi-state sportsbook services agreement’ with Penn National Gaming. Updating investors, Kambi details that it will become the lead sports betting systems and software supplier to Penn National, ‘North America’s largest regional gaming operator’, servicing both its on-property and digital disciplines. Nasdaq-listed Penn National operates more than 40 gaming facilities …
Read More »IGT appoints ‘security pro’ Dr Samantha Ravich as corporate advisor
New York-listed gambling technology group International Game Technology Plc (IGT) has moved to strengthen its corporate advisory confirming the appointment of Dr Samantha Ravich as an Independent Director. A scholar in national security development, political science and cybersecurity defence measures, Dr Ravich is the current Chair of the Center on Cyber and Technology Innovation at the ‘Foundation for Defense of Democracies’, …
Read More »FSB accelerates growth strategy with £23m Clairvest Toronto backing
Industry sports betting and turnkey platform provider FSB Technology (FSB) has accelerated its enterprise strategy, having secured £23 million in working capital from Toronto TSX-listed private equity firm Clairvest Group Inc. The growth equity investment sees Clairvest become the majority investor in FSB, as the technology firm seeks to expand its platform services across regulated markets to help industry incumbents …
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