Category Archives: Betting

Interwetten sponsors PDC events in Germany and Austria

Interwetten has announced a partnership with the Professional Darts Corporation (PDC) as it becomes the new main sponsor of all European Tour events staged in Germany and Austria. The organisation has stated that there are ‘innovative activation possibilities’ for the sports betting platform at PDC Europe events, as darts becomes increasingly relevant in target markets. …

CIRSA beats expectations as business returns to operating profits  

Grupo CIRSA has praised the ‘robustness of its global operations’ as the Blackstone-owned Spanish gambling business delivered full-year financial results above market expectations. Publishing its Q4 and full-year 2021 results, CIRSA registered group revenues of €1.11 billion, up 30% on corresponding FY2020 results of €843 million. Improved revenue results were maintained despite continued COVID-19 restrictions …

BetVictor hit with £2m UKGC fine for AML and responsibility flaws

BV Gaming, which trades as BetVictor, has been handed a £2 million fine by the UK Gambling Commission (UKGC) for anti-money laundering, social responsibility and fairness failings.  A compliance assessment conducted in March 2020 uncovered failings in relation to licence conditions and code of practice, including a group AML risk assessment which did not meet …

Delasport expands international footprint with MGA licence

Delasport will now be authorised to offer its sports betting and casino products to players across Malta after receiving a licence from the country’s regulator. The newly acquired MGA B2B licence, which Delasport has lauded as a milestone in its development, will allow Delasport to offer its dedicated Player Account Management (PAM) solution, as well …

Freddie Longe: IMG ARENA paves the way for new revenue streams

Having recently broadened its Sports Media product portfolio with the launch DP World Tour ShotTracker, it’s busy times for IMG ARENA. Executive VP and Managing Director Freddie Longe took time out to talk about all things IMG ARENA and what lies in store for 2022. Last month saw IMG ARENA launch ShotTracker, a highly-sophisticated new …

Better Collective: “all time high NDCs” fuel 2021 growth

2021 was praised as a “year of many opportunities” for Better Collective, with the firm citing a strong US performance and an “all-time high intake of new depositing customers” contributing to its Q4 growth. Publishing its interim report for the 12 months ended 31 December 2021, Better Collective recorded group revenues of €52.8m – a …

Super Group to deliver $350m earnings ahead debut NYSE calll

Betway and Spin parent company Super Group has predicted a strong financial performance in its debut trading results as a New York Stock Exchange (NYSE) listed company. Releasing a preliminary trading report for the full year 2021 – the actual report is expected in the first half of April – Super Group anticipates net gaming …

Brazil: Chamber of Deputies approves gambling regulation in a historic vote

To the surprise of observers, Thursday, February 24, 2022, will go down in history as the day Brazil finally approved a gambling regulation. In the final hours of a discussion that began on Wednesday afternoon, the Chamber of Deputies took Bill 442/91 to a vote with 246 votes in favour, 202 against and 2 abstentions. …

SIS to showcase next generation of trading innovations for horseracing

SBC Webinars will showcase Sports Information Services  (SIS), a leading supplier of 24/7 betting services to the global betting and gaming industry, and partner RACELAB, an innovative racing technology provider, share insights on the next-generation racing trading innovations. The 45-minute long live webinar will feature expert insight from SIS Head of Trading Adam Conway, and Shane …

EEG bullish of growth prospects as YTD losses swing to $35m 

Esports Entertainment Group Inc (EEG) has outlined significant progress on its commercial and tech objectives following the expansion of its global gaming portfolio.   Publishing its interim 2022 trading update (six month period ending 31 December) – the US Nasdaq online gambling and esports wagering group registered a 12x jump in revenues to $31 million (H12020: …