Sportsbook

The latest sportsbook news for the gambling industry.

Shape Games kickstarts South Africa strategy with SunBet

South Africa Twain Sports

Shape Games will provide its front-end services to SunBet under the terms of a deal enabled by its parent company’s Kambi’s partnership with the operator. South African firm SunBet, which is owned by the Sun International group, is aiming to enhance the customer experience by integrating Shape Games’ native frontend solution. The Copenhagen-based developer is rolling out its services across …

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Kristian Nylen, Kambi: AI the next step as betting driven forward by tech

SBC News Kristian Nylen, Kambi: AI the next step as betting driven forward by tech

Artificial Intelligence is the next major growth driver in the betting space according to  Kambi’s CEO Kristian Nylen following the group’s Q3 earnings presentation, and is an area the company intends to take strides in. As well as announcing its achievement of significant financial targets, such as a 15% increase in revenue to €42m, Kambi today revealed a new name …

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Cochrane takes up Chief Business Officer mantle at GiG sportsbook

GiG

Andrew Cochrane has joined Gaming Innovation Group (GiG) as Chief Business Officer (CBO) for the B2B igaming developer’s Platform & Sportsbook division. The new hire will be tasked with implementing GiG’s commercial strategies for its platform, sportsbook and AI anchored solutions covering business development, marketing, partnerships and corporate development. This will include a focus on recruitment and locating talent, whilst …

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Entain triggers streamline as growth pains compound in Q3   

SBC News Entain triggers streamline as growth pains compound in Q3   

Entain Plc has outlined key initiatives to accelerate its operational strategy and improve the quality of earnings across its business portfolio.  The new plans were disclosed in Entain’s Q3 trading update, as the FTSE100 gambling group reported proforma net gaming revenue (NGR) declines across its Online and Retail units.   Q3 trading is tracked to the revised full-year EBITDA guidance of …

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Dafabet expands in LatAm & Europe with Sporting Risk football coverage

SBC News Dafabet expands in LatAm & Europe with Sporting Risk football coverage

Dafabet has announced a partnership with Sporting Risk as the operator looks to grow its market share in Latin America and Europe.  The deal will now see Dafabet have coverage of up to 30 football leagues, 35 single-player and 12 team stats betting options, and ready-made same-game multi-bets. It will also have coverage of all major European domestic competitions, as …

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Sportradar expects strong end to 2023 citing Q3 performance

Carsten Koerl, Sportradar: the US, media rights and the importance of new data

Sportradar AG has updated its financial guidance for 2023 following continued momentum during Q3 which saw revenue growth across its core geographic and business segments. The Swiss-based sportstech group reported overall quarterly revenue of €201m, an increase of 12% on 2022 comparatives of €178m, whilst EBITDA also rose 38% to €50.5m (€36.5m), with an increased margin of 25% up from …

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Interwetten gains visibility in German basketball with Bayern München

SBC News Interwetten gains visibility in German basketball with Bayern München

Interwetten has been named the platinum betting partner of FC Bayern München Basketball (FCBB) until 2026.  The new deal gives the sports betting provider ‘extensive marketing rights’ across the EuroLeague and Basketball Bundesliga, in addition to other international activations.  Wolfgang Fabian, Founder and Owner of Interwetten, commented: “As an owner-managed company with more than 30 years of tradition, we rely …

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Kambi rebalances network in Q3 as new deals brighten future prospects 

SBC News Kambi rebalances network in Q3 as new deals brighten future prospects 

Kambi Group Plc has reaffirmed its long-term commercial prospects following strong Q3 trading in which it has secured transformative agreements with Svenska Spel and LiveScore Group. Publishing its Q3 2023 trading update, the Stockholm-listed sports betting technology group achieved corporate revenues of €42m, up 15% on Q3 2022 comparatives of €37m.  Headline growth was achieved despite Kambi registering a lower …

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Rick Wolf set to retire as SSG Senior VP of Partnerships

SBC News Rick Wolf set to retire as SSG Senior VP of Partnerships

Spotlight Sports Group (SSG) has revealed that its Senior Vice President of B2B Partnerships, Rick Wolf, will be retiring at the end of 2023. Wolf joined the technology, content, and media company specialising in sports betting and fantasy sports in September of last year, alongside the acquisition of The Alarm Sports Network, where he had spent the previous decade as …

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Amanda Brown named Entain NED ahead of Q3 2023 earnings call

Entain

Amanda Brown has become the latest member of Entain’s senior leadership team, joining the company as a Non-Executive Director (NED) at a time of global expansion across multiple markets. The new hire will also become a member of the FTSE100 gambling group’s Remuneration Committee, working alongside Committee Chair, Stella David, and fellow NEDs Virginia McDowell and Rahul Welde. Prior to …

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