North America

Sports technology firm Sportradar has posted a buoyant set of Q1 results for 2023, delivering growth in revenue and adjusted EBITDA during a trading period that saw further big investments in AI and CV. Total Q1 profit, however, was lower at €6.8m compared with €8.2m year-on-year. Speaking to SBC News, CEO Carsten Koerl said that the company had “delivered again” …

Kindred has officially gone live with its proprietary tech platform in New Jersey after receiving approval from the state’s Division of Gaming Enforcement last month. Through a richer set of analytics and data, the Sweden-based online gambling operator has outlined how it will bring a safer environment, an improved customer experience to the customers, better analytics and greater flexibility. Henrik …

UK betting stakeholders bet365 and XLMedia (XLM) have signed a new partnership targeting North American expansion with a responsible gaming caveat. The revenue share agreement has set a goal of onboarding new customers in the burgeoning US betting and gaming space, whilst promoting responsible gaming practices and tools.  This will include leveraging collaborative content to promote understanding of safe gambling …

Esports Entertainment Group (EEG) has entered into a securities purchase agreement with an institutional investor, aiming to secure a private placement of unsecured series D convertible preferred stock. The strategic transaction is expected to raise $4m in net proceeds for the company after estimated offering expenses. In addition to the initial capital, the agreement provides EEG with an opportunity to …

The upcoming SBC Summit North America, powered by the improved version of the dedicated event app, SBC Connect Plus, is set to host a record-breaking 3,500 senior industry experts and some of the most recognizable brands in the region, as they share their knowledge on the flourishing iGaming and sport betting industry in North America. The 3-day event will begin …

Mindway AI has partnered with government relations firm Doura-Schawohl Consulting for issues related to problem and responsible gambling policy and gambling harm minimisation.  The safer gambling software provider will utilise Doura-Schawohl Consulting’s experience of the US’s problem and responsible gambling policy, government affairs and communications. Meanwhile, Mindway AI has outlined how it will contribute its knowledge of a combination of …

Flutter Entertainment has ‘got its mojo back’ in the UK and Ireland, according to Group CEO Peter Jackson, who addressed investors alongside the firm’s newly appointed Chief Financial Officer (CFO) this morning. Following the group’s Q1 2023 trading update, Jackson, along with Paul Edgecliffe-Johnson, provided a breakdown of the group’s market performance across a range of international jurisdictions. A leading …

Grupo Televisa, Mexico’s largest media and entertainment conglomerate, has received approval to break-up its core business and create a new ‘gambling and soccer’ specific entity. Shareholders approved the decision at an Extraordinary Meeting held on 26 April to split up  Televisa’s gambling, lottery and soccer units into a new business which aims to be listed on the Mexican Stock Exchange …

Five fresh and innovative industry start-ups have been chosen as finalists to compete in the 3rd edition of SBC Summit North America First Pitch at next month’s SBC Summit North America. The finalists will battle it out for an exclusive prize package worth over $55,000 that will aid in the development and growth of the winning company. The competition, sponsored …

Shareholders of Flutter Entertainment have almost unanimously backed a US listing, with 99.9% of voters backing the idea at the group’s AGM this morning.  The Ireland-based group first aired the idea earlier this year when it held consultations with shareholders and explored the possibility of a secondary listing.  Aiming to support the growth of FanDuel, its US sportsbook brand that …