Category Archives: Betting

GambleAware: ASA report ‘encouraging’ but ‘much more to be done’ on betting ads

The Advertising Standards Authority (ASA) published its report into children’s exposure to age restricted advertising yesterday focussed on gambling and alcohol products,  demonstrating a decline for both. Issuing its own update today, GambleAware has described the findings of the research as ‘encouraging’, but added that children were still exposed to be gambling marketing more than …

Genius Sports reaffirms 2022 financial outlook against changing market dynamics

Genius Sports has reaffirmed confidence in achieving its full-year 2022 financial objectives, irrespective of ongoing market headwinds and adjustments.   Publishing its Q1 2022 trading update (period ending 31 March), Genius registered corporate revenues of $86 million, up 60% on Q1 2021 comparative results of $54 million and outperforming its ‘expected guidance’ by 10%. Headline growth …

W2 launches new affordability tool ahead of Gambling Act review expectations

Regulatory compliance services provider W2 has developed an ‘Affordability for Gambling Tool’, designed to have a minimal impact on the customer journey for betting firms.  Addressing an expected requirement for enhanced affordability as a result of the 2005 Gambling Act review, the company states its product has been built to create a ‘clear picture’ without …

HBA Media to manage France Galop’s portfolio of events

International media rights agency, HBA Media, has been appointed as the global horseracing distribution partner of France Galop in a four-year agreement. The firm will control the steeplechase and flat racing authority’s racing portfolio in a bid to ensure global broadcast and multi-platform distribution for the Qatar Prix de l’Arc de Triomphe and a further …

Betclic faces SPAC makeover as owner targets €7bn Amsterdam listing

Betclic has become central in the establishment of ‘FL Entertainment’ – a new Pan-European entertainment conglomerate that plans to list on the Amsterdam Euronext Exchange, targeting a + €7 billion valuation. Yesterday, French media mogul Stéphane Courbit ordered for his Banijay (Zodiak + Endmol Shine) entertainment venture to be merged with Betclic Everest to form …

SOFTSWISS: high-level support key to client satisfaction

A wide range of games, flexibility in discussing terms of service and quick resolution of issues were highlighted as the key factors that companies consider when choosing an igaming partner. That’s according to a new SOFTSWISS Game Aggregator survey conducted by Kantar Ukraine in January and February of this year. Respondents made it clear that …

BT and Warner Bros. Discovery finalise UK and Ireland sports venture

BT and Warner Bros. Discovery have introduced a 50-50 joint premium sports venture in the UK and Ireland. The collaboration sees BT Sport transferred to Warner Bros. Discovery, meaning that the BT Sport network and Eurosport UK are operated together.  Additionally, BT will gain £93 million from Warner Bros. Discovery and up to around GBP540 …

Altenar: Investing in sports betting brings diversity to your growing portfolio

Altenar outlines the reasons why investing in sportsbook software providers can help investors diversify their portfolios and offer new opportunities for growth. The world of investments, investing, stocks and shares is nothing new. In fact, the industry of well-dressed individuals and highly-lucrative moments has stapled modern culture, while rising sports betting economies across the globe, …

Camelot claims National Lottery loss will render business obsolete

Camelot’s case in the High Court continued this week, with the National Lottery operator maintaining its protests about the future direction of the contract.  A representative for the company reportedly informed the High Court that it would ‘cease to exist’ should the next ten-year licence for the National Lottery be awarded to Czech firm Allwyn.  …