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Italy: Points of conflict stand on path to gambling reorganisation 

SBC News Italy: Points of conflict stand on path to gambling reorganisation 

Italian gambling has been notified of progress on the regulatory front, as state auditor Ragioneria dello Stato has approved the draft ‘reorganisation plan’ of the sector prepared by Italy’s Ministry of the Economy and Finance.  Securing its progress, the plan has been forwarded to the government, which will review proposed amendments to ratify a bill that will be designated to …

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Altenar & Golden Palace: 10 years of ‘perfecting the betting experience’

SBC News Altenar & Golden Palace: 10 years of ‘perfecting the betting experience’

A 10-year long partnership is not only an achievement but a testament to the strong work ethic that Golden Palace exudes, writes Stanislav Silin CEO of Altenar, who reflects on the duo’s long-lasting collaboration. Golden Palace has revolutionised the way that gamblers interact with games, sports and entertainment as a whole – bringing gamers closer to international events and regional leagues …

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Stats Perform debuts game-changing innovations in packed product showcase

SBC News Stats Perform debuts game-changing innovations in packed product showcase

Stats Perform hosted one of the biggest launch events of the year this week, showcasing five brand new sports betting innovations. The sports data and sports betting technology firm also announced a rebrand of Watch&Bet, renamed and repurposed to Bet LiveStreams to reflect a new age of “interactive, hyper-entertaining, ‘built-for-bettors’ video”. Setting the scene on stage for an impressive show …

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Entain leadership places innovation at forefront of 2022 duties 

Jette Nygaard-Anderson, Entain CEO

Entain Plc’s leadership duo of Group Chief Executive Jette Nygaard-Andersen and Deputy-CEO Rob Wood have outlined their shared objective to showcase the FTSE100 business’ innovation capabilities during 2022.  Innovation and organic growth were marked as ‘capital allocation priorities’ by Andersen and Wood, hosting yesterday’s Entain leadership conference call with investors and market analysts. The start of 2022 saw Entain maintain …

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Stats Perform ‘lights up sportsbooks’ with blockbuster launch of 5 new products

SBC News Stats Perform ‘lights up sportsbooks’ with blockbuster launch of 5 new products

Sports data, streaming and AI pioneer Stats Perform has today unveiled what it described as a “blockbuster range of new products for sports betting operators” at an online event entitled ‘Light Up Your Sportsbook’, which can be replayed here. The five new products include industry-first innovations designed to make live streaming, player stats bets, same-game multis and other popular sports …

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Brandt Iden: Sportradar – “US states taking a new approach to mobile wagering”

SBC News Brandt Iden: Sportradar - "US states taking a new approach to mobile wagering"

Brandt Iden, Head of Government Affairs at Sportradar, shares his views on how states that originally legalized sports betting at the retail level only are now starting to reverse course to include mobile/online wagering. It’s a trend he expects to continue as more numbers point to the dominance of mobile/online wagering in the US market… SBC: We’re starting to see …

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Charlie Hunter, Boreham Wood FC CEO: “LV BET critical partner in our sporting story”

SBC News Charlie Hunter, Boreham Wood FC CEO: “LV BET critical partner in our sporting story”

After a turbulent two years playing behind closed doors, Boreham Wood FC has experienced a positive 2021, with strong league results, an impressive FA Cup run and a mutually beneficial partnership with LV BET.  Sponsorship arrangements between betting companies and football clubs have been under scrutiny, as the government moves ahead with its review of the 2005 Gambling Act. Gambling …

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Peter Jackson: Sustainable play is key for Flutter to match changing UK economics

SBC News Peter Jackson: Sustainable play is key for Flutter to match changing UK economics

Peter Jackson, Group CEO of Flutter Entertainment Plc described 2021 results as a ‘tale of two halves” for the FTSE100 betting group’s UK&IRE brands.   Matched against COVID-influenced record wagering Q4 2020 comparatives, Jackson admitted that the group’s flagship UK&IRE business had somewhat lost its trading momentum. UK&IRE teams “saw a very material swing in sports results year-on-year. The swing from …

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Choose Love… Gaming industry joins together to raise funds for Ukrainian refugees

SBC News Choose Love... Gaming industry joins together to raise funds for Ukrainian refugees

Organisations within the gaming industry have been working together to launch a major fundraising push to help people displaced by the current military action in Ukraine.  The Gaming Industry for Ukraine initiative aims to raise £250,000 to support Choose Love’s Ukraine Crisis Fundraiser, which supports projects providing vital aid to the refugees that are being created by Russia’s incursion into …

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Flutter bears £288m loss as FY2021 stumbles on Stars M&A impairment

flutter

Flutter Entertainment Plc maintains confidence in expanding its leadership position across  all global markets, despite declaring full-year operating losses of £288 million.   The FTSE100 betting group detailed that its full year group revenue increased by 37% to £6.04 billion (2020: £4.4bn), although group EBITDA declined by 6% to £723 million from the previous year’s figure of £772 million.  In particular, …

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