North America

888Holdings has expanded its partnership with Nuvei to support continued growth in the US by integrating and leveraging the firm’s payment platform. The LSE business seeks to maximise payments acceptance and optimise risk management via Nuvei’s technology, bank-to-bank payments and knowledge of regulated igaming markets. Nuvei has a history of working with 888, with the company having backed the company’s …

International Game Technology’s (IGT) Global Gaming and PlayDigital divisions have driven an impressive quarter for the company, prompting a readjustment of its full year trading projections. The London-based igaming, iLottery and betting solutions developer informed its NYSE investors that total group income for Q2 2023 had risen 3% to $1.06bn (Q2 2022: $1.02bn). This was driven largely by an increase …

Altenar has partnered with WSF Odds to incorporate the Rome-based provider’s goalscorer odds and pre-match player props onto its platform. The sportsbook and igaming software supplier will now be able to offer its customers a ‘wide range of markets’ across football competitions in Europe and America, including goal scorers, team props and player props. Stella Avgoustidi, Account Manager at Altenar, …

XLMedia (XLM) has kept faith in its European and North American performance despite a slowdown in both revenue and EBITDA during H1 2023, although the media publisher stated that these results were in line with management expectations. Total revenue for the first half of the year fell by 34% from $44.5m in 2022 to $29.4m, whilst EBITDA also dropped by …

Kambi Group is on target to achieve its 2027 objectives, CEO Kristian Nylén informed investors following the group’s Q2 and H1 trading update, although the firm has noted some financial difficulties encountered over the past six months. Alongside Kambi’s Chief Financial Officer (CFO), David Kenyon, Nylén addressed details in the group’s latest financial statement that operator turnover had a ‘dampening …

BetMGM had a positive update for Entain and MGM Resorts International investors today, as the US-facing joint venture reported positive EBITDA for Q2 2023  The joint venture between London-based, LSE-listed Entain and Las Vegas-headquartered, NYSE enterprise MGM was first launched in 2019, but so far profitability has eluded the sportsbook brand. In its latest update, BetMGM reported H1 revenue of …

3,000 delegates are set to convene at this year’s SBC Summit Latinoamérica, to witness influential thought leaders share their insights on the key talking points affecting the Latin American region, during the ‘Leaders’ conference track.  The conference track will take place during the first day of Latin America’s premier iGaming and sports betting event, Wednesday, November 1st, and will be …

Flutter Entertainment’s Alpha Hub has put out the feelers for betting and gaming start-ups to work with the global gambling group’s Positive Impact Plan. Interested early stage companies have been asked to apply for the FTSE100 firm’s Flutter Tech4Good Award and the Flutter & RGC: Play Well Challenge. The group is targeting early-stage companies with responsible gambling specialities. The Tech4Good …

The number of suspicious bets in the second quarter of 2023 fell significantly on the corresponding time period in 2022, according to the International Betting Integrity Association (IBIA). A total of 50 alerts were reported to relevant sporting authorities by the IBIA, down 44% from 88 in Q2 2022, with football once again the sport which generated the most alerts …

Rupert Huelsey, Co-Founder, Chief Technology Officer and Chief Operating Officer at Tally, looks at how adopting a smarter approach to marketing could pay dividends as sportsbooks cut back on lavish acquisition campaigns. Until recently, money was no object for the biggest sportsbook operators in the US sports betting space. Acquisition of bettors was the number one concern and the huge …