Sportsbook

Presenting its Q3 2017 trading update (period ending 30 September), Nordic Nasdaq-listed Kambi Group Plc has detailed a robust corporate performance despite trading against a tough Q3 2016 comparative period featuring the UEFA Euro 2016 Championships. Updating investors, Kambi sustained a positive period revenue performance of €14.8 million, which sees the sports betting platform supplier generate €43 million for its …

For betting operators, the countdown to next Summer’s showpiece event, the World Cup in Russia is well and truly underway. The 2014 tournament in Brazil saw a 750% increase in mobile bets compared to the World Cup in South Africa four years previous. Therefore, for LeoVegas, an operator that takes pride in its efficient and engaging mobile service, the World Cup …

Presenting its Q3 trading update (period ending 30 September), an enlarged Kindred Group Plc continues to deliver for its investors, declaring an ‘all-time high’ quarter for revenue and profits. Trading against a tough Q3 2106 comparative period (featuring Euro 2016),  Stockholm-listed Kindred Group would generate group revenues of £194 million up 36% on Q3 2016’s £142 million. Year-to-date Kindred has surpassed …

PSV Eindhoven has signed online entertainment site Wellbet as the clubs official Asian betting partner. Under the terms of the deal, due to commence on January 1 of next year and run until mid 2020, the bookmaker is to be granted exposure at PSV’s Philips Stadium and usage of the clubs logo in official campaigns. Toon Gerbrands, PSV General Manager, …

Updating the market, industry sports betting platform provider FSB Tech (FSB) has confirmed that it has secured a multi-year platform renewal deal with Genting UK, its longest serving partner to date. Genting UK signed as an FSB client in 2013, integrating an FSB fully-managed sports betting solution. Renewing terms, the operator will now continue to work with FSB as lead …

Industry platform and systems provider BetConstruct has today announced that Vahe Baloulian is to step down as Chief Executive Officer of the company. Baloulian will transfer leadership of the firm to BetConstruct founder and current Executive Chairman Vigen Badalyan, who is expected to takeover CEO duties effective 1 November 2017. An executive of BetConstruct since 2011, Baloulian first joined the …

Seeking to target accelerated corporate growth and industry innovation, Stockholm-listed LeoVegas Group AB has announced the launch of its ‘LeoVentures’ investment subsidiary. The new strategic division will be led by LeoVegas Co-founder Robin Ramm-Ericson, who takes up the position of Managing Director for LeoVentures. Ramm-Ericson will remain as a senior executive of LeoVegas advising corporate leadership and management. Developed as …

Esports Gold, a leading online media aggregator for the eSports community, has provided investors with the opportunity to lock-in the current value of cryptocurrency Ethereum through its initial coin offering (ICO). Purchasers of its Esports Gold tokens (ESG) acquire a share of the betting revenues of the platform, giving them the chance of an effective cash dividend based on annual …

Genius Sports, the global leader in data technology services, has signed an extensive data and integrity partnership with DreamHack, the world’s largest digital festival and esports tournaments host. The deal will see Genius distribute data and video streaming from DreamHack’s esports events in the global regulated betting market, while also helping the Swedish digital brand protect its competitions from the …

Leading online gaming software developer EvenBet Gaming has announced a new deal to integrate its poker product into the casino and sportsbook offering of Russian bookmaker 1XBet. EvenBet’s highly-regarded turnkey poker product offers multi-functional performance alongside exceptional reliability and scalability. The software is updated on a weekly basis to ensure state-of-the-art design and innovation, and will be a welcome addition for …