Category Archives: Betting

CasinoBeats Summit 2022 to showcase most innovative new games

Delegates at this month’s CasinoBeats Summit 2022 will have their say on what has been the most innovative slot release of the last 12 months during a special CasinoBeats Game Developer Awards live voting session on the final day of the conference. The session, at the InterContinental in St Julian’s, Malta on 26 May, will …

BOS welcomes Swedish gambling bill omitting extensive marketing restrictions

The Swedish government has published a new bill for re-regulation of the country’s gambling industry, covering a range of areas including player protection and marketing.  Key caveats of the legislation include prohibition of promotion of illegal gambling and advertising of unlicensed gaming. However, bans on televised marketing of legal betting and gaming products are not …

Sportradar positive of year outlook despite mounting operational costs

Sportradar AG has outlined confidence in achieving its full-year 2022 commercial and US growth objectives following a ‘fast start to year trading’.  Publishing its Q1 trading results (period ending 31 March), the Global Nasdaq-listed sportstech firm registered group revenues of €168m up 31% on corresponding 2021 results of €128m. Period trading saw Sportradar register double-digit …

Goldchip ‘must keep customers fully informed’ following UKGC suspension

The operating licence of Goldchip Limited has been suspended by the UK Gambling Commission (UKGC), as a review under section 116 of the Gambling Act 2005 is carried out. The announcement follows reports that activities may have been carried out contrary to the Act, not in accordance with conditions of its licence and that the …

Betsson names GoldenRace virtual supplier for Greek market

Betsson Group and GoldenRace have announced a partnership focusing on Greece, with the latter providing the operator with its virtual sports offering. As the exclusive virtual sports provider of the Swedish international gambling group for the Greek market, GoldenRace has further bolstered its position in the recently regulated sector.  The company – which acquired a …

Light & Wonder outlines hard targets for new 2025 vision  

Light & Wonder Inc, the new corporate identity of a transformed Scientific Games Corporation (SGC), has outlined to investors its objective of achieving a $1.4 billion EBITDA target by 2025. The 2025 earnings target declared to investors will require Light & Wonder to match a compound annual growth rate (CAGR) of 15%. The Nasdaq technology …

Catena targets North America as Europe poses challenges in Q1 earnings

Catena Media has detailed a ‘solid quarter’ across during Q1 2022, as the group’s revenues increased by 11% year-on-year, driven by continued expansion in North America.  Updating investors, the gambling affiliate and media publishing group announced revenue of €45.2 million (2020: €40.7m), whilst EBITDA rose by 2% to €25.6 million (€20m), albeit with a decreased …

Better Collective ups 2022 earnings guidance following record Q1 opening 

Better Collective AS has declared a ‘record financial performance’, attributed to outstanding US growth that has surpassed all management expectations.  Publishing its Q1 trading update (period ending 31 March), the Stockholm-listed media publisher registered corporate revenues of €67m, up 74% on corresponding 2021 results of €39m. Topline growth was attributed to US market gains, that …

NetShop ISP recognised as best hosting provider in the Baltics at BSG 2022

NetShop ISP, a leading provider of bare-metal servers, data centre solutions, and cloud hosting, has been awarded the “Best Hosting Provider in the Baltics” award at the Baltic and Scandinavian (BSG) Gaming Awards 2022 in Vilnius, Lithuania. During the event, held at Radisson Blue Royal Astorija Hotel, sports betting and online casino professionals submitted their …

GamCare optimises safer gambling for Rank Group employees

GamCare has formed a partnership with Rank Group to carry out safer gambling and social responsibility training for more than 1,400 of its employees.  Beginning this month until late November, the UK-based charity will deliver 150 days of training covering a range of areas relating to responsible gambling and customer interaction. This will include a …