Sportsbook

Rivalry has demonstrated a record Q3, reporting reduced marketing spend and flattened opex, as the group publishes its latest financial results. The period – which ended 30 September 2023 – saw revenue of $8.7m, representing 22% increase year-over-year (Q3 2022: $7.1m) and also the highest yet for the sports betting platform’s third quarterly activity. Notably, the TSX-listed esports-focused bookmaker also …

EveryMatrix is supplying Caesars Digital’s games in select US states in a new deal that sees the latter look to improve the product portfolio on its online casino platforms. Under the terms of the partnership, EveryMatrix will supply Caesars with online casino content from its in-house studios, including Armadillo Studios. The operator will also offer its SlotMatrix online casino aggregation …

Canadian sports network Sportsnet has selected Sportradar to deliver immersive and data-driven content. Aiming to create more immersive experiences for sports fans in North America, viewers will witness a ‘seamless’ inclusion of real-time statistics, player information and advanced data sets into Sportsnet broadcasts – all via the Swiss firm’s OnAir service.  The deal also sees additional access to both statistical …

Kindred Group Plc has announced its outright exit from all North American markets, as part of its ongoing strategic review overseen by a new executive leadership team. This morning investors were informed that “Kindred will exit the North American market with the expectation of completing this exit by the end of Q2 2024, subject to regulatory approval.” The Stockholm-listed online …

BetMakers has introduced a new wagering terminal monitoring and analytics tool named OneWatch, for racetrack and off-track betting operators across the US. Designed to transform wagering terminal support operations from manual and reactive to smart and proactive, the tool will provide BetMakers and its Global Tote division with a ‘powerful’ solution for proactive terminal maintenance and support services. Karl Begg, …

Paddy Power has revealed a new-look dartboard ahead of the World Championship as part of its mission to turn the Ally Pally green.  The Irish bookmaker became the new title sponsor of the tournament – running from 15 December to 3 January – through a deal formed in July this year. During an official launch event yesterday, the new sponsor …

US casino giant MGM Resorts will not be making a bid for the whole of Entain as the pressure from activist investors on the UK group’s CEO Jette Nygaard-Andersen shows few signs of easing following last week’s Financial Times reports of shareholders moving against her. According to sources close to the group, the US casino giant is “not interested” in bidding …

The Unit has designed a bespoke front-end system for data odds provider TXOdds. The betting and gaming product development company has introduced TXOdds to a ‘user-friendly, intuitive front-end system’ for its customers, following a successful partnership where The Unit created the front-end of TXOdds’ Fusion Odds Data product. Paddy Casey, Co-Founder of The Unit, commented: “We are delighted to have …

In a push for strengthened integrity in Brazil’s rising sports betting market, Eduardo Gussem has been appointed as Integrity Officer of the Brazilian Football Confederation (CBF). The appointment comes ahead of a crucial vote this week concerning the proposed legal sports betting in the country. Legislators will decide on Wednesday 29 November on the final framework of Brazil’s betting regulation. …

Entain Plc has backed the findings of the ‘Schnabl Study‘ highlighting the significant presence of black-market operators targeting Germany’s Fourth Interstate Market (GlüNeuRStv). Published by the trade bodies of DSWV (sports betting) and DOCV (online casino), the study conducted by Prof. Gunther Schnabl of the University of Leipzig, found that ‘around half of the online gaming activity in Germany takes …