Category Archives: Betting

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: …

Sportsbet.io and Southampton FC introduce first Bitcoin competition

Sportsbet.io has revealed a first time Bitcoin Hunt competition for Southampton FC fans as it continues as the club’s main partner. The online sportsbook and casino stated that it is aiming for followers of the Premier League side and the community to participate in the ‘Bitcoin Hunt-style’ competition moving forward its ongoing partnership. Joe McCallum, …

EveryMatrix navigates German hurdles to reach €13.9m Q4 profit

Although acknowledging difficulties in the re-regulated German market, EveryMatrix has detailed strong trading in 2021, in particular experiencing significant growth for its sports services. Publishing its Q4 and full year trading results, the company reported a profit of €13.9 million in the fourth quarter of last year, an increase of 26% compared to the same …

Victoria state awards 20 year Keno licences to Tabcorp and Lottoland

Australian betting and gaming operator Tabcorp and Lottland’s regional subsidiary Lottoland Australia have been awarded 20 year licences in Victoria.  Both licences commence on 15 April 2022 and run until 2024, with the two companies permitted to provide Keno games services across online and retail verticals by the Victorian State Government.  ASX-listed gambling group Tabcorp …

Catena looks West as Euro impairments stunt 2021 growth  

Catena Media Plc has underlined its long-term growth strategy and ongoing international expansion projects, as the Stockholm-listed affiliate publisher registers a full-year 2021 operating loss of €12.7 million.  The firm’s FY2021 earnings performance was significantly impacted due to the impairment of previously acquired German and French sports media assets totalling €49 million. Headline metrics saw …

Flutter confirms NED departures of Cawley and Byng-Thorne

The board of Flutter Entertainment Plc has confirmed that Michael Cawley has decided to end his nine-year tenure as a non-executive director of the FTSE100 gambling group.  The former Chief Executive of Ryanair, Cawley has served as a corporate advisor of Flutter since 2013, providing leadership guidance on the business’ transformative mergers with Paddy Power …

EFL gains greater FTA exposure via ITV highlights deal

The English Football League (EFL) has entered into an agreement with ITV, granting the free-to-air (FTA) network the broadcasting rights to its highlights clips.  Under the terms of the two-season partnership, ITV will show highlights from the Sky Bet Championship, Sky Bet League One, Sky Bet League Two, League Cup and EFL Trophy. A round-up …

UKGC suggests increased positive attitude towards gambling among British public

The British public’s attitude towards the betting and gaming industry are beginning to soften, according to data from the UK Gambling Commission (UKGC).  Conducting its quarterly telephone survey, the Commission spoke to a ‘representative sample’ of 4,021 adults aged 16 and over in March, June, September and December 2021, discussing gambling behaviour and perception of …

Willem van Oort joins Mindway AI board

Mindway AI has strengthened its commercial expertise after adding Willem van Oort as its newest board member.  Van Oort, an iGaming consultant and founder of several European iGaming communities, will support Mindway AI with its international expansion strategy and stakeholder management.  “We are very pleased to welcome Willem van Oort as Mindway AI’s new board …

BGC: Progress on safer gambling duties at risk of a black market wipeout

The Betting and Gaming Council (BGC) has reiterated the need to protect UK gambling’s continued progress on safer gambling objectives from growing black market threats. The trade body’s warning follows the publishing of the latest industry statistics by the UK Gambling Commission (UKGC) –  that saw problem gambling % rates for 2021 register 0.3% lower …