Category Archives: Betting

GamCare and Alex McLeish expand support for problem gamblers in Glasgow

GamCare and former Scotland Manager, Alex McLeish, have partnered to demonstrate the support that is available to people in Glasgow who have gambling issues, ahead of this weekend’s ‘Old Firm’ derby. Recent research by the problem gambling charity revealed that over six million people in Britain know someone with a gambling issue, whilst a quarter …

Codere backs stable portfolio ahead of further 2022 transformations

Codere SA has published a performance update on Q4 2021 trading activities – a period that saw the Spanish gambling group delist from the Bolsa Madrid exchange to comply with bondholders’ orders. During Q4 trading, Codere registered corporate revenues of €291m, a  result that saw the company match 85% of like-for-like revenues achieved during Q4 …

FSB secures ‘another leap forward’ in North America with Ontario approval

FSB has further expanded its international presence, securing regulatory approval from the Alcohol and Gaming Commission of Ontario (AGCO), as the provincial betting space continues to grow. In doing so, the London-based software developer has become one of the first betting and igaming suppliers to secure a Gaming Related Supplier licence in Ontario. The firm …

Data scientist Axel Lyckberg wins Swedish Gambling’s Leader of the Year award

Playscan CTO and Svenska Spel data scientist Axel Lyckberg has been named Swedish online gambling’s leader of the year by trade bodies Spelbranschens, Riksorganisation (SPER) and Branschföreningen för Onlinespel (BOS).  On Wednesday 30 March SPER and BOS announced the winners of the 2022 Swedish Gambling Awards – which recognise and reward the companies and leaders …

Denmark posts 16% GGR increase despite betting decline

Sports betting in Denmark in the first two months of the year posted a small decline of 3.7%, whilst casinos also encountered some difficulties, but these losses were offset by massive revenue from gaming machines.  Publishing its financial records for January and February 2022, the Danish Gambling Authority (DGA) – Spillemyndigheden – detailed that Denmark’s …

Fitzdares expands into Canada with Ontario licence

Fitzdares has planted its flag in the Canadian market after being granted an iGaming Operator Registration from the Alcohol and Gaming Commission of Ontario (AGCO). The bookmaker was one of the first to have its registration approved by the AGCO and expects to go live in the summer, subject to the execution of an Operating …

Kambi ‘will not stand still’ after navigating 2021 trading hurdles

Kambi Group has asserted that it will maintain momentum on its international development and investment strategy in 2022, after overcoming hurdles in the Netherlands and with regards to some of its operator partners.  Publishing its full year trading results for 2021, the group revealed a 38% increase in revenue to €162.4 million, (2020: €117.7m), whilst …

Network Gaming secures £1.25m funding from prominent investors

Sports prediction games developer Network Gaming has received funding of £1.25 million from a raft of investors, including some major names in the betting and igaming industry. Participants in the funding round include Betfair Co-Founder Andrew Black, Colossus Bets CEO David O’Reilly and TX Odds CEO Einar Knobel. Additional investors include Sandford Loudon, a partner …

Abios: Data is the lifeblood for high quality esports odds products

In esports, data is the lifeblood of any good probabilities service. And according to Anton Janér, CTO and Founder at Abios, data is also a key driving force behind a standout bettor experience. Speaking to SBC News, Janér drew attention to the differences between esports and traditional sports, highlighting the importance of data as a …

Novibet greenlights Artemis SPAC merger to move beyond European shores  

Novibet has declared its intentions to merge with Nasdaq-listed SPAC Artemis Strategic Investment Corporation (Artemis), to pursue new growth opportunities across Europe and the Americas. The Greek market and Pan-European betting group will pursue a merger with Artemis that will lead to Novibet’s intended listing on the Global Nasdaq Exchange, based on a “pre-transaction valuation …