Sportsbook

Novibet has confirmed the appointment of Al Alevizakos as Chief Financial Officer (CFO) of the pan-European online gambling group, with immediate effect.  An expert in corporate finance, auditing and the financial planning of mass market enterprises, Alevizakos joins Novibet’s C-level team from Athens private equity group AXIA Ventures, where he formerly served as Managing Director (2020-2022).   A seasoned executive within …

FUN88 has announced that Tony Parker has become an official brand ambassador for the Asian sports betting operator. The basketball star and four-time NBA Championships winner will assist in fronting a series of dedicated promotions and ‘thematic activations’ for the sportsbook.  This partnership begins with immediate effect, and is said to leverage long-term scope for collaboration. A senior spokesperson from …

Bet-at-home AG has revised its financial outlook for the remainder of 2023 trading as it continues to face hurdles impacting its sports betting operations. The board of the Frankfurt Boerse-listed online gambling group now expects full year revenue to be in the range of €44m-48m, around 12% to 3% less than previous projections of between €50m-€60m. However, EBITDA is expected …

The Italian Football Federation (FIGC) has banned Newcastle United’s Sandro Tonali from playing football for 10 months over his involvement in illegal betting.   The news comes after the £55m midfielder admitted to placing bets on AC Milan while still at the club. His contribution to the case was commended by Italian FA Chief Gabriele Gravina.  Tonali was first banned for …

BetMGM has signed a new deal with Sportradar for access to products and services to be powered by official NBA optical tracking data. For the first time, the sports technology company will provide BetMGM access to ‘next-generation products and services’ that leverage NBA optical tracking data, which is provided exclusively by Sportradar through its partnership with the league.  Eduard Blonk, …

Betsson AB experienced a broadly successful third quarter of the year, with revenue growth throughout most geographic segments across both betting and casino verticals, albeit with the exception of the Nordics. Group-wide revenue rose 19% to €238m (Q3 2022: €200m) and EBITDA by 42% to €69m (€49m) with an accompanying margin of 29% (24%). This performance drove gross profit of …

Sportradar has announced a three-year partnership with DerbyWheel (DW) – a new global concept from Professional Keirin. The agreement sees the sports technology company’s integrity services help protect Keirin racing’s competitions, as DW brings the sport to a global audience after having previously been a closed domestic company in Japan and Korea. Andreas Krannich, Sportradar Executive Vice President Integrity Services, …

Tabcorp’s C-level leadership have broadly endorsed ongoing Australian gambling reforms, in particular the creation of a ‘level playing field’ across the market and tightening restrictions around advertising. Bruce Akhurst, Tabcorp Chairman, and Adam Rytenskild, the ASX firm’s Managing Director and CEO, commented on political developments at the company’s recent AGM, whilst also offering insights into the outcomes of its extensive …

Olympic Entertainment Group-owned OlyBet has announced that it is extending its partnership with Real Betis for an additional three seasons. The Estonia-based, pan-European gambling brand will continue to serve as the La Liga club’s premier regional betting partner in the continent, apart from Spain, following on from a collaboration which began in the 2021/22 season. Corey Plummer, CEO of OlyBet, …