Technology

Australia’s financial intelligence agency, AUSTRAC (Australian Transaction Reports and Analysis Centre), has stepped up its efforts against money laundering, particularly relating to the gambling sector. Spokespeople for the government agency revealed at the Regulate the Game 2023 conference this week that a new specialist unit has been created with a specific anti-money laundering (AML) in betting remit. Bradley Brown, AUSTRAC …

Sporting Solutions has extended the agreement to supply its Odd Services to sportsbook and igaming platform provider FSB, in a deal that will take the two companies’ working relationship past the decade mark. The contract renewal will see Sporting Solutions continue to provide trading services across a wide variety of sports, in order to ensure accurate and reliable pre-match and …

Betfred is set to ‘supercharge its esports offering’ by partnering with dedicated esports odds compiler and end-to-end data solutions provider PandaScore.  The launch of Betfred’s new esports offering will provide customers with access to over 308 unique markets priced by PandaScore’s trading team across 32,000 esports events per year. The tier-1 bookmaker will further be supplied with PandaScore customised tools …

As the Metaverse continues to grow in popularity, igaming is expected to play a key role in the adoption of Web 3.0 technologies. This is according to new research carried out by CryptoGamble, a subsidiary of FirstByte Media, which sought to analyse the current trends within the predictions for the Metaverse market. CryptoGamble found that virtual gaming revenue is predicted …

OneFootball is to reduce its headcount by approximarly 150 staff members, as leadership revises its cost base attached to the development of its Web3 platform. At the close of February, company Founder and Chief Executive Lucas von Cranach issued an internal announcement confirming that OnnFootball would reduce its headcount from 470-to-320 employees. The announcement follows December lay-offs of 60 staff …

Kambi Group Plc is confident that it will bounce back strongly from a difficult 2022 as the sportsbook technology supplier establishes new financial targets based on strategic growth areas.  Publishing its Q4 trading update, the Stockholm-listed technology group achieved corporate revenues of €57.8m, up 66% on 2021 comparative results of €35m. Period trading saw Kambi rewarded with a €12.6m termination …

LeoVegas AB has agreed to sell its 25% stake in igaming B2B venture BeyondPlay to Bettor Capital for €1.9m.  Currently finalising its sale to MGM Resorts, Leo Vegas had been an early-stage investor of BeyondPlay (formerly SharedPlay) since the start-up was founded in 2021. Led by founder Karolina Pelc, BeyondPlay is a specialist developer of multiplayer components/tools for igaming operators …

Genius Sports has announced the launch of its new ‘Genius Marketing Suite’ – an “all-in-one fan marketing solution specifically developed to transform how partners identify, engage and retain sports fans.” Customised to fit individual clients’ needs, the Genius Marketing Suite enables brands, sponsors, sportsbooks, leagues and teams to optimise every stage of their fan marketing journey. The suite will provide …

JKR Investment Group will provide financial backing to KYCAid in an agreement that strengthens the investor’s regulatory technology portfolio. KYCAid will join companies such as BETER, BETEGY and Cargofy as partners of JKR Investment Group. This investment, the company explained, will help scale the company’s global operations into new markets and industries – with Canada, Europe, Latin America and the …