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 …
Read More »Tag Archives: europe
Europe provides bulwark against US H1 slowdown for XLMedia
XLMedia (XLM) has kept faith in its European and North American performance despite a slowdown in both revenue and EBITDA during H1 2023, although the media publisher stated that these results were in line with management expectations. Total revenue for the first half of the year fell by 34% from $44.5m in 2022 to $29.4m, whilst EBITDA also dropped by …
Read More »ANJ’s Falque-Pierrotin elected as GREF Chair
Isabelle Falque-Pierrotin, President of l’Autorité Nationale des Jeux (ANJ), has been elected as the Chairwoman of the Gambling Regulators’ European Forum (GREF). The appointment was confirmed following the conclusion of the GREF annual conference in Bergen, Norway (5-7 June), which featured the participation of 90 executives from 30 European authorities governing gambling. This year’s conference focused on the ‘common interests’ …
Read More »LeoVegas details difficult Q1 posting losses of €8m
LeoVegas AB has reported a difficult opening to 2023 trading, having registered a group-wide decline in revenues across key markets. The new property of MGM Resorts, LeoVegas reported total quarterly revenue of €95m, a 4% decline on previous year income of €98.5m, whilst EBITDA also declined 3% from a Q1 2022 loss of €2m to a deeper loss of €3m. …
Read More »OlyBet adds to European partnerships with DP World Tour
OlyBet has become the official betting operator of the DP World Tour in a two-year collaboration. The deal covers Europe, with the exception of the UK and Ireland, as the betting company aims to bring ‘more unique golf moments’ to sports fans via access to the men’s professional golf tour. Corey Plummer, Chairman and CEO of Olympic Entertainment Group and …
Read More »EGBA new guidelines ensure Europe’s fight against financial crime
The European Gaming and Betting Association (EGBA) has published its first pan-European guidelines. In support of the online gambling sector’s fight against money laundering, the guidelines aim to reflect the latest technologies and laws while building upon the association’s commitment to responsibility. Reviewed and revised by Europe’s ‘top anti-money laundering (AML) compliance experts’, there is a focus on practical, sector-specific …
Read More »DAZN adds Belgium, Portugal and Taiwan sports content with ELEVEN acquisition
DAZN Group has finalised acquiring ELEVEN Group businesses, seeking to enhance its European football portfolio and in turn broaden its footprint in sports broadcasting. As well as offering local sports content in Germany, Italy, Japan, Spain, Canada, US and UK, DAZN adds Belgium, Portugal and Taiwan to its list of territories. Belgium includes the domestic football league (Jupiler Pro League) …
Read More »XLMedia finds its mark in North America with $73.7m revenue projection
Having achieved broad success in 2022, XLMedia (XLM) expects its financial performance to fall in line with pre-close expectations, anticipating steady revenue growth of 9.7%. With its full year results for 2022 due for publication in March, the sports betting publishing company foresees revenue of $73.7m (2021: $66.5m) and Adjusted EBITDA of between $16.1m and $16.6m. A London AIM-registered business, …
Read More »Cheryl Jones to lead Odds on Compliance European expansion
Eyeing a stronger presence in European markets, Odds on Compliance has appointed Cheryl Jones to coordinate its strategy in the continent. Assuming the role of President of Odds on Compliance’s European Division, Jones brings extensive experience of the European betting and gaming sector to the company, having served in legal and compliance roles at five different companies. Her latest role …
Read More »EGBA: Fragmented European gambling market returns to pre-pandemic growth
The European Gambling and Betting Association (EGBA) has published its ‘Key Figures 2022 Report’, providing a snapshot on the performance and prevalence of gambling across European jurisdictions. The macro report, co-authored by H2 Gambling Report, details a return to stabilised trading for Europe’s gambling market, generating combined gross gaming revenues (GGR) of €108,5bn reflecting an “an 8% increase compared to …
Read More »