Category Archives: Betting

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 …

bet-at-home expects €11m income reward for discontinued Austrian business

Embattled bet-at-home AG has announced that it expects to recoup €11.4m in attributable income related to its discontinued Austrian business.  Dire 2021 trading saw bet-at-home forced to exit Austria’s online gambling marketplace, having lost a long-standing legal dispute against customers who sought a reimbursement for ‘playing on an unlicensed website’. While the Austrian exit saw …

Thomas Smallwood, ESA Gaming: Cross-sell opportunities during Qatar 2022

Thomas Smallwood, Head of Marketing at ESA Gaming, discussed with Jessie Sale at Betting on Sports Europe (BOSE) the firm’s growing portfolio of games and how the upcoming World Cup provides the perfect opportunity for fan engagement.  With a packed sports schedule in 2022, Smallwood agreed that now is the time for businesses to take …

Light & Wonder hails transformative Q2 lowering debt by $4.9bn

Light & Wonder Inc has cited confidence in achieving its long-term financial objectives as the Nasdaq technology group continues to benefit from its ongoing corporate transformation.    Publishing its Q2 trading results, Light & Wonder (formerly Scientific Games Corporation) generated $610m from ‘continued business units’ – up 5% on corresponding 2021 results of $580m. Q2 trading …

Yannis Xirotyris vacates CCO position at Novibet ahead of SPAC merger

Novibet Chief Commercial Officer, Yannis Xirotyris, has confirmed that he is stepping down from the position after fulfilling his responsibilities for 15 months.  As CCO, Xirotyris played a role in orchestrating several commercial agreements with the Greek betting and gaming group, with a notable development being a merger deal with SPAC Artemis Strategic Investment Corporation …

Kaizen’s Betano takes Leap virtual sports live in Romania

Kaizen Gaming, the international sports betting and gaming operator, has extended its partnership with games developer Leap Gaming. Last renewed back in 2021, the new deal expansion will launch Leap’s products in Romania via Kaizen’s Betano sportsbook brand, including the Instant Euro-League Legends product, alongside Nascar Streak, Football Penalty Duel, Virtual Football Cup V2 and …

Better Collective strikes SPORT1 multimedia partnership for disrupted German market 

Better Collective AB  has moved to significantly expand its German market presence by forming a strategic alliance with SPORT1 Media Group.  The partnership will see Better Collective and SPORT1 combine their German assets and resources to establish the leading media platform for Germany’s re-regulated online gambling marketplace – adhering to the laws of the Fourth …

EPIC updates interaction training to new UKGC standards

EPIC Risk Management has updated its Interactions Masterclass training, ahead of the implementation of new regulatory standards on customer protection. The gambling harm minimisation and prevention consultancy has made efforts to ensure the modules are in line with newly issued UK Gambling Commission (UKGC) guidelines. The group has incorporated an additional focus on helping operators …

AiDP: Gambling requires greater inclusivity to match new generation of workforce challenges

This summer’s publishing of the long-awaited ‘All-Index 2020/2021 Report’ by diversity, inclusion and equality non-profit All-in Diversity Project (AiDP) has provided a candid reflection on global gambling’s workforce make-up.   Whilst the 2020/2021 Index showcased improvements in female leadership representation, gambling firms were reported to lag in developing inclusivity practices. Following up on research insights, AiDP founding …