Category Archives: Betting

Super Group hit by Q2 macro elements, but remains positive on settled NYSE status.

Super Group Inc (SHGC), the parent company of Betway and Spin brands, has praised its diverse geographic make-up as a clear factor in overcoming challenging macroeconomic headwinds bearing down on gambling markets.    Completing its second quarter as an NYSE-listed enterprise, SGHC registered Q2 group revenues of €320m, down 10% on 2021 comparative results of €355m. …

BetVictor expands white label portfolio with talkSPORT BET launch

Sports radio station talkSPORT plans to significantly expand its sports betting presence with the launch of a new brand, talkSPORT BET, in partnership with BetVictor. The partners have stated that the talkSPORT BET brand will combine BetVictor’s experience in betting with the radio station’s ‘trusted editorial brand’ as a popular source of sports-oriented news and …

AstroPay recruitment drive continues as Sofía Lanza promoted to banking lead

Sofia Lanza has been promoted as AstroPay’s Chief Banking Officer (CBO), as the payments provider seeks to maintain momentum on its international growth plans.  The new hire’s responsibilities will concern development and management of relationships with global banking and payment service providers for AstroPay, which is targeting new markets and verticals.  Indicative of its growth …

Duelbits begins brand visibility strategy with Aston Villa

Duelbits has made its debut into the Premier League, becoming Aston Villa’s official European betting partner for the current football season. The crypto casino and sportsbook’s branding will now appear on pitch-side LED boards during domestic games at Villa Park, in a bid to gain major exposure for the company. Marco Pinnisi, Chief Marketing Officer …

Sportradar monitors betting patterns of Saudi Arabian football

Sportradar Integrity Services (SIS) has teamed with the Saudi Arabian Football Federation (SAFF) in helping the organisation launch an SAFF Integrity app for its football competitions. In a bid to combat match-fixing, several football tournaments organised by SAFF will be monitored by Sportradar’s Universal Fraud Detection System (UFDS): a bet monitoring system verified sports betting …

Smarkets ‘fully accepts’ £630k Gambling Commission penalty

The UK Gambling Commission (UKGC) has handed out its latest penalty for social responsibility and anti-money laundering breaches, charging online operator Smarkets. A penalty of £630,000 was dealt to the Malta-based firm, which operates the SBK sportsbook, for failing to carry out ‘adequate’ source of funds checks as well as identifying or interacting with at-risk …

Entain launches new CEE venture in partnership with EMMA Capital 

Entain Plc has disclosed its plans to become the leading Central and Eastern European betting business by launching a new venture, ‘Entain CEE’. As announced this morning in the FTSE100’s gambling group’s H1 2022 Interim results, Entain has agreed to acquire a majority stake in leading Croatian betting group SuperSport for €600m. The deal will …

Entain keeps post-H1 consensus ahead of critical portfolio refresh

Entain Plc has reported that it continues to achieve strategic objectives, as its business benefits from a ‘broader recreational customer base’ across regulated markets. Publishing its Interim 2022 trading results, the FTSE100 gambling group declared a ‘robust H1 performance’ against challenging global economic and regulatory headwinds. H1 trading saw Entain generate group net-gaming-revenues (NGR) of …

MGM takeover provides US hope for LeoVegas amid European Q2 difficulties

As LeoVegas’ takeover by US betting giant MGM looms, the firm has encountered tricky business during the second quarter of the year, primarily in Europe. The Swedish gambling group reported a group-wide revenue increase of 1% to €98m (2021: €96m) in its Q2 2022 trading report, alongside adjusted EBITDA of €9m (€10.6m) – a margin …

FSB continues US momentum with South Dakota entry

FSB has extended its reach across the North American market after receiving the necessary regulatory approvals from the South Dakota Commission on Gaming (SDCG). The green light from the SDCG will mean that FSB can offer its portfolio of sports betting services within the Deadwood city area, with plans to go live in the coming …