Catena Media said it has been able to navigate first-stage COVID-19 business complexities, as the company recorded a strong opening to year trading. Reporting top-line growth across all core metrics, Stockholm-listed Catena recorded a 2% increase in corporate revenues to €26.7 million (Q12019: €26.1m). Revenue performance was maintained by its casino segment, which contributed 61% of revenues during first quarter …
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With this week’s announcement by the Betting and Gaming Council (BGC) that it has agreed to voluntarily remove all gaming product advertising on TV and radio during the COVID-19 lockdown, the subject of safer gambling is hot on the thoughts of people in the industry. Speaking at the SBC Digital Summit, Andy Danson, partner at Bird and Bird, and a panel …
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On the first day of the inaugural SBC Digital Summit, Tyrone Dobbin – Managing Director of Sportingbet South Africa – predicted that ‘semi-esports’ such as FIFA and NBA 2k will continue to see revenue increases in the mid to long term. Dobbin, who took part in the ‘Off the Bench- What is there to Bet on?’ panel, said: “The rise …
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Adaptability will be an essential quality for betting operators seeking to engage with customers on an increasingly digital-led footing as COVID-19 continues to ensure a retail lockdown. That was one of the big takeaways from a four-strong panel at today’s SBC Digital Summit titled ‘An Opportunity to Revisit the Omni-Channel Approach’. In opening the session, moderator and head of Digitain’s …
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In recent weeks, government officials have called upon the gambling industry to ramp up protection measures and provide additional funding for problem gambling treatment during the COVID-19 lockdown. Speaking to SBC, EPIC Risk Management CEO Paul Buck explained that while additional funding for treatment would be welcome, further support for both research and education is key in mitigating gambling related …
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Sportradar CEO Carsten Koerl said that the strength of its partnerships will be “proved in crisis” after the postponement of almost all live sports events brought inevitable challenges and demanded quick changes to the company’s business strategy. Delivering the day-one keynote at this week’s SBC Digital Summit, kicking off the Leadership in Betting track, Koerl told delegates that we should see …
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Playtech Plc has confirmed the appointment of Claire Milne as Interim Company Chair, succeeding Alan Jackson who chose to end his seven-year tenure as Chairman of the FTSE250 technology group at the start of the year. Assessing market dynamics interrupted by the global COVID-19 pandemic, Playtech detailed that it has chosen to delay its executive search for a new permanent …
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Sports betting supplier BETBY has enhanced its esports range with the addition of eBasketball to its portfolio. The basketball solution will provide sportbooks with 24/7 betting options, similar to BETBY’s FIFA18 24/7 offering. Moreover, BETBY will provide competitive fixtures featuring NBA, WNBA and All-Star teams, supplemented by Twitch video coverage of every match. Sergey Tsukanov, Chief Risk Officer at BETBY, …
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Innovation and evolution of product offerings have been the key to mitigating the impact of sporting cancellations, writes Soft2Bet CEO Boris Chaikin. As the wider betting and gaming industry continues to find new ways to deal with the impacts of COVID-19, Chaikin (pictured below) discusses Soft2Bet’s heritage, white label model, and how the company has adjusted amid the current pandemic. …
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Esports has provided sports betting and gaming operators with some much needed relief during financially unstable times brought about by COVID-19. However, now attention is turning to its validity after the virus threat level recedes and how the esports industry will ultimately fit into the betting sector. Siim Ühtid, Esports Trading Manager at Betgenius, spoke to SBC News about why …
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