Kambi has its 2027 financial targets in its sights after recording a strong close to 2022 trading, reporting its highest ever full-year revenues, albeit with a reduced profit margin due to heavier expenses. The firm ended 2022 with revenue up 2% to €166m (€162.4m), lauded as an ‘all-time high’ figure, driven by a record number of new partner signings, but …
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Hank Couture joins Fanatics’ betting division as COO
International sports entertainment and apparel company Fanatics has made a major hire in its betting and gaming division, appointing Hank Couture as Chief Operating Officer (COO). Couture will report directly to Fanatics Betting and Gaming (FBG) CEO Matt King as part of the betting brand’s executive team, assisting with strategy development for a planned nationwide US launch in ‘mid-2023’. A …
Read More »Stateside prospects trump Europe for XLMedia after achieving 2022 revenue targets
Momentum in the US last year provided XLMedia (XLM) a ‘solid start’ to 2023, the company has asserted to its AIM investors, having achieved broad growth amid a business-wide restructuring. The London-headquartered betting and gaming publisher reported that, having launched operations in 19 US states, revenue from ‘continuing operations’ has risen 24% to $71.8m ($57.8m) in 2022. However, XLM was …
Read More »Entain strikes Unikrn branding deal for enhanced visibility ahead of Brazil regulation
Unikrn, Entain’s esports betting platform recently relaunched for the Brazilian and Canadian markets, has partnered with the BLAST Premier in a new sponsorship tie-up. Promoting Unikrn via the Counter Strike: Global Offensive (CS:GO) tournament organiser’s channels, the agreement will see the firm’s logo and branding incorporated across event coverage and promotions. This will include fan-led activations, social giveaways and broadcast …
Read More »SBC Summit North America on iGaming: Experts Gather to Explore the Untapped ‘Goldmine’ of Potential
While sports betting is legal in 36 US states, the iGaming industry may appear to be falling behind in the US market. However, as worldwide iGaming revenue continues to outpace sports betting, the future of this industry vertical is not to be overlooked. The ‘iGaming Americas’ conference track at SBC Summit North America taking place at the Meadowlands Exposition Center …
Read More »Christoffer Ødegården, Bojoko: meeting the growing demands of the Canadian market
With a population of more than 38 million people, the Canadian market holds a wealth of potential for casino companies looking to expand their international footprint. But as more operators flood into the market, it becomes increasingly difficult for players to choose who to gamble with. This is where Bojoko comes in. Christoffer Ødegården, Head of Casino at Bojoko, spoke …
Read More »SIS’ Competitive Gaming builds on ‘considerable footprint’ with two hires
SIS (Sports Information Services) has made two new hires for its growing esports division, appointing Jacob Howard and Aaron St Pierre as Esports Product Manager and Trading Manager, respectively. A long-standing division of SIS’ business, the firm’s Competitive Gaming esports segment has been enhanced and rolled out internationally over the past two years, having made market entry in South American …
Read More »ITIA hands Kolar and Riley provisional suspensions
The International Tennis Integrity Agency (ITIA) has announced that it has suspended both Nastja Kolar and Alexandra Riley. The players’ suspensions are provisional, pending decision on sanction, after being found to have committed 25 and 15 breaches respectively of the Tennis Anti-Corruption Programme (TACP) between 2015 – 2020. The decision by the ITIA – the independent body established by the …
Read More »Flutter prepares AGM vote on dual US listing
Flutter Entertainment’s Board of Directors has notified investors that the FTSE100 business “aims to implement an additional US listing during Q4 2023”. In February, Flutter’s board revealed that it was reviewing options to proceed with a ‘secondary US listing’ of its ordinary shares. Primary benefits highlighted by Flutter governance included a “deeper access to capital markets and to new US …
Read More »GiG secures Maryland and Pennsylvania licence in continued US push
Gaming Innovation Group (GiG) has received an online sports wagering operator licence in Maryland and a full Interactive gaming manufacturer licence in Pennsylvania. The licences come ahead of the brand launching new partner brands on its technology and further expanding the regulatory reach of its iGaming platform and sportsbook in North America. Along with GiG’s multiple live and upcoming partners …
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