Category Archives: Betting

Endeavour nets a 33% write down on Openbet acquisition to $800m 

Endeavour Group has secured a re-evaluation of its acquisition of Openbet from Light and Wonder –  a deal that was originally valued at $1.2 billion (€1.05bn).  Yesterday, dealmakers disclosed that a new purchase price for Openbet had been settled by Endeavor and Light and Wonder, which revalued the sportsbook platform provider at $800 million (€760m). …

Shaping the discourse – learn from industry leaders at SBC Summit Barcelona

An unrivalled speaker line-up of industry veterans will gather at SBC Summit Barcelona between 20-22 September to discuss the opportunities and challenges of the modern gambling industry, drawing on their experiences leading some of the top betting and iGaming companies.  The ‘Leaders‘ track at the Big Stage will host ten top-level sessions delivered by C-level …

SSG: Latin America becoming ‘front of mind’ whilst Europe navigates regulation

Analysing trends from across the global sports betting industry, Spotlight Sports Group (SSG) has published its second review of the sector, BetTech Ecosystem 2022. Conducted by the company’s internal research team along with independent experts, the study focuses on the regulated betting sectors in Europe and the Americas, evaluating regulatory, operational and M&A trends. Investigating …

Maltese National Lottery secures home-based supply deal with EveryMatrix

National Lottery plc has signed an agreement with B2B betting and igaming firm, EveryMatrix, which has been chosen to provide online games to the Maltese National Lottery. The National Lottery recently gained the ability to manage and operate the national lottery of Malta, which for the first time in 18 years will be run by …

Tipsport orders data makeover by Genius Sports

Leading Central European bookmaker Tipsport has approved a ‘major expansion’ of sports and betting data provisions supplied by Genius Sports.  The uplift will enhance the Tipsport sportsbook inventory with Genius Sports’ suite of data-driven pre-match, LiveData and LiveTrading solutions whilst providing full flexibility and control over each element of its sportsbook trading operations. Tipsport will …

Camelot keeps faith in ‘strong legal case’ despite High Court ruling

Following yesterday’s decision by the High Court of England and Wales ruling in favour of the UK Gambling Commission (UKGC), Camelot has stated that it will ‘consider its next steps’. Issuing a statement this morning, the group stated it remained confident in its legal case regarding the UKGC’s decision to award the next National Lottery licence to …

ParlayBay to supply FINNPLAY with multisport betting content

ParlayBay has signed its fourth agreement of the month,  by partnering with platform and services provider FINNPLAY. The content integration deal will see ParlayBay provide FINNPLAY with games covering football, basketball, cricket, esports, handball and volleyball, with launches across more live sports expected.  By entering into the agreement with ParlayBay, FINNPLAY will provide the former’s …

Tabcorp reserves $150m to accelerate Rytenskild digital makeover

Adam Rytenskild, the new Chief Executive of a transformed Tabcorp Holdings, has outlined his determination to revitalise the heritage operator’s online sportsbook performance. Speaking to the Australian Financial Review (AFR.com), Rytenskild admitted that the ASX group’s flagship TAB sportsbook property had fallen behind the ‘nimble competitors’ of Sportsbet AU (Flutter Entertainment) and Ladbrokes Australia (Entain …

ESA Gaming bolsters offering with EasyBoost promo tool launch

ESA Gaming has announced a new addition to its product portfolio, releasing the EasyBoost set of promotional tools. Sitting alongside its EasySwipe games portfolio – currently leveraged by a range of firms including BetConstruct – EasyBoost has been designed to boost engagement and player loyalty.  Consisting of Tournament and Money Drop features, ESA aims to …

Pele Law reforms demand that Brazilian bookmakers pay fee on IP rights 

A further obstacle stands in the way of the passage of Brazil’s federal sports betting regime, as football clubs call for the government to ensure that bookmakers observe IP rights and protections.    Addressing the Chamber of Deputies’ Sports Committee, the Presidents of Brazil’s 15 biggest football clubs outlined their support for Bill PL-1153/2019 that aims …