Sportsbook

Growth continues for US data supplier theScore

Copyright: alexwhite / 123RF Stock Photo

Provider of digital sports news and data to North American sports bettors, theScore Inc has announced its financial results for the 12 month period concluding on August 31, 2018. The supplier has benefited from the liberalisation of sports betting, with its total revenue for the year ending August 31, 2018 growing to $27.7m, as opposed to $26.3m in F2017. Additionally, …

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Sportradar – Tennis needs to be data & technology sharp in its integrity battles

Sportradar has published its official response to last April’s ‘Independent Review of Integrity in Tennis’ commissioned by the ‘Tennis Integrity Unit’ (TIU) representing pro tennis’ governing bodies the WTA, ATP and the ITF. In its response Sportradar supports the majority of the independent panel’s recommendations, however, the leading sports data firm outlines its concerns ‘in relation to the recommendation regarding …

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William Hill gains vital US knowledge via Gordon Wilson hiring

William Hill have announced a further strengthening of its US approach, with Gordon Wilson to take up a position on the firm’s board of directors, as an independent non-executive director, from January 2 next year. The current President and CEO of Travelport Worldwide, Wilson is to become a member of the board’s corporate responsibility and nomination committees upon joining. Roger …

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Henrik Tjärnström: Kindred Group – ‘Industry needs a collaborative approach on sustainability’

Speaking at Kindred Group’s ‘Sustainable Gambling Conference’ (16 October 2018 – Stockholm) Group Chief Executive Henrik Tjärnström details that his firm is prepared to tackle the industry’s big obstacles on social responsibility and trust. Hosting the conference, Kindred gathered over 200 guests representing regulatory agencies, researchers, therapists and its competitors. Discussing the context of industry sustainability, Kindred governance highlights the …

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SportPesa denies outright Nairobi IPO rumours

Ronald Karauri, Chief Executive of Kenyan betting group SportPesa has moved to quash rumours that his firm will seek an IPO in 2019. On Thursday, citing unnamed sources, Bloomberg and Reuters Africa reported that Karauri and SportPesa investors were planning to list Kenya’s leading bookmaker as a Nairobi Securities Exchange (NSE) enterprise. Speculation had mounted within the Kenyan business community …

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GVC confirms departure of Paul Bowtell as Group CFO

Further to publishing its Q3 2018 trading update, the governance of FTSE100 GVC Holdings has today confirmed the upcoming departure of Paul Bowtell as Group Chief Financial Officer (CFO).   Updating the market, GVC confirms that Bowtell will depart the company’s executive leadership team on 5 March 2019, further disclosing that Bowtell will join London private equity firm Alchemy Partners. …

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NBA betting increases as Sky signs new broadcasting partnership

The NBA season got underway this week, as the much fancied Boston Celtics picked up an entertaining 105-87 victory against the 76ers. With the liberalisation of sports betting in the US, this NBA season will inevitably attract exponential interest from the betting sector. Additionally, Oddschecker revealed that the UK gambling sector has seen interest in the NBA increase, after Sky …

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jDigital warns of black market consequences if Spain implements tough advertising code

Mikel López de Torre, President of Spanish online gambling trade body jDigital, has warned the government that implementing stringent restrictions on gambling/betting advertising and marketing will be an ‘unnecessary step back for Spain’s gambling market’. Last week, the PSOE minority government agreed with socialist party counterpart Podemos on the provisions of Spain’s 2019 budget, which is set to carry a number …

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Football trading surges on BETDAQ exchange

BETDAQ has revealed a 138% leap in football trading on its exchange after year-on-year figures for September showed matched bets had grown from £26m to £62m. This came after a strong August performance football turnover, with the £42m staked in 2018, a 100% increase from the £21m staked in the same month in 2017. A significant uplift in active users …

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Kambi seeks to become ‘clutch player’ of NBA betting

Stockholm-listed sports betting platform and software provider Kambi Group Plc views the start of the new NBA season as yet another early pacesetter for the liberalised US betting market. The technology group has revamped its entire NBA markets inventory, seeking to bring new betting dynamics to the unique sport of basketball. Kambi states that it has developed the sector’s most comprehensive …

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