Having secured terms to two major partnerships during the first quarter of FY23 (Q3 2022), BetMakers has closed the three-month period in a strong financial and commercial position. In a statement to its investors on the ASX, the sportsbook platform provider detailed that its total cash receipts for Q1 FY23 – July to September 2022 – stood at AUS$23.8m, a …
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As the ink dries on a number of partnership contracts, BetMakers’ CEO Todd Buckingham is confident in the company’s financial future as FY22 revenue rose by 371% from the previous year. As detailed in its FY22 financial report, the Australian sportsbook technology and software provider revealed that revenue (June 2021-June 2022) stood at AUS$91.6m (2021: AUS$19m). Adjusted EBITDA was positive …
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Australian sports betting solutions supplier BetMakers has detailed a successful close to its 2022 financial year trading, as group revenue grew 370% year-on-year. The firm, listed on the ASX stock exchange, achieved revenue of $91.6m for the full year, finishing June with a cash balance of AUS$87.6m and Q4 revenue ‘in excess’ of $100m. Additionally, in the final quarter BetMakers …
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Welcome to the second part of Delasport’s deep dive into sports betting through the ages. In part 1, the sports betting and igaming software solutions provider covered the early days from the first bookie to the engagement years of the 2000s. Let’s pick up the story. Customer centricity While the early incarnation of sports betting sites served their purpose, the …
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SBC Summit North America 2023 has been confirmed for May 9-11, when the region’s leading sports betting and igaming event will return in significantly expanded form at Meadowlands Exposition Center in Secaucus, New Jersey. The conference and tradeshow has enjoyed strong growth since its launch in 2019 and has established itself as the place for the U.S. and Canadian online …
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Kambi Group CEO Kristian Nylén has increased his personal shareholding in the company by 22,500 shares, as the firm seeks to secure greater control of its future strategic direction. Nylén used the current exercise window to gain all of his 22,500 share options based on the 2018 buyback programming, thereby boosting his shareholding in Kambi from 720,000 to 742,500. The …
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Kambi will continue to leverage Sportradar’s US sports data offering, covering a range of prominent leagues and tournaments, under the terms of a five-year extension agreement. The contract renewal will see Sportradar continue to supply the international sports betting supplier with data from the National Basketball Association (NBA), National Hockey League (NHL) and Major League Baseball (MLB) as well as …
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Fitzdares has strengthened its senior leadership team after naming Tristan Wootton as the company’s new Director of Growth. In his new role, Wootton will oversee Fitzdares’ growth strategy by “helping to scale the business, grow revenues in a responsible manner” as well as consider new opportunities for expansion in new markets. Commenting on his new role, Wootton said: “I am …
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The All-in Diversity Project (AiDP) has launched an industry-first survey examining the impact of the COVID-19 pandemic on diversity, equality and inclusion (DEI) in the betting and gaming industry. Initiated globally, the survey is free for all participants and will allow employees and employers to share their thoughts and experiences on how the pandemic has affected their attitudes and approach …
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All-in Diversity Project has launched its #OpenDoors 2021 social media campaign, spanning Black History Month and International Women’s Day. Contributors to the campaign will be asked to ‘thank someone who opened a door for them,’ and pledge to do the same for someone else in the future. The initiative aims to raise awareness of how professional development can be affected …
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