Category Archives: Betting

Betting Innovation Centre ‘fills the gaps’ in World Cup wagering

The Betting Innovation Centre, a joint venture from Stats Perform and Sporting Solutions, has launched its first B2B product set. Opta BetBuilder Plus has been developed for the upcoming World Cup, as well as other football competitions, seeking to ‘unlock the true potential’ of player props and same-game betting for both operators and bettors.  The …

Rank returns full-year profits but signals choppy 2023 waters 

Rank Group Plc has hit its underlying year-end profit guidance of £40m, overcoming continued ‘softer trading conditions’ on its retail venues. The LSE gambling group’s preliminary results for the 12 months ending 30 June 2022, announced today, detailed continued footfall challenges for Grosvenor venues, in particular across London.  Group 2021/22 NGR totalled £644m, doubling corresponding …

NFL seeks unrestricted UK coverage with ITV 

ITV is to serve as the new free-to-air UK broadcast partner of the NFL – in a partnership that seeks to maximise the coverage of America’s Game to British audiences.  Beginning with the start of the NFL 2022/2023 season on Friday 9 September, ITV has secured a three-year partnership to showcase exclusive NFL matchday highlights. …

Sportradar upgrades 2022 guidance as CFO Gersh departs

Sportradar AG has upgraded its year guidance, forecasting full-year revenues in the new range of €695-to-€715m – representing a prospective growth of 24% over fiscal 2021 results. The Swiss-based, US Nasdaq-listed group capitalised heavily on US market expansion during 2022, as Q2 revenues across all segments continue to grow, albeit with rising costs and expenses.  …

Codere continues ITALIA collaboration for River Plate themed advertising campaign

Codere’s sponsorship deal with Argentinian top-flight football club Club Atlético River Plate will feature at the centre of the firm’s latest marketing campaign.  The ‘Hinchadores’ advertising series was developed in partnership with marketing advertising agency ITALIA, and will serve to promote the ‘strategic partnership’ with the Argentine Primera División club.  Active in the European and …

Oddin.gg gains Velo and Genting backing in £4.5m Series A raise

Pursuing its goal of securing a leadership position in global esports B2B betting, Oddin.gg has announced completion of a Series A funding round, raising £4.5m. The esports odds feed, risk management and iframe provider gained financial backing from current investors, as well as newcomers Velo Partners and Genting Ventures.  Oddin.gg previously raised $1.2m during a …

OneFootball recruits Jean Charles Gaudechon to lead Labs Web3 venture 

OneFootball has confirmed the appointment of Jean Charles Gaudechon as Chief Executive of its ‘OneFootball Labs’ joint-venture. In 2022, OneFootball entered a three-way JV with Web3 games studio Animoca Brands and blockchain investment fund Liberty City Ventures to launch OneFootball Labs – a strategic venture that aims to pioneer football’s next commercial assets through blockchain …

Raketech maintains 2022 outlook overcoming mounting Euro headwinds

Raketech Plc has reported ‘solid results’ as its affiliate network continues to grow despite facing challenging conditions across Western European markets. Publishing its Interim H1 trading statement, the firm posted year-to-date revenues of €24m, up 40% on corresponding 2021 results of €17m. Headline growth was maintained, despite Raketech registering a tougher than anticipated Q2 performance …

Stats Perform extends betting data deal with LaLiga

In an extension of its agreement with the Spanish top-flight, Stats Perform has announced a new five-year partnership with LaLiga, covering multiple aspects of data distribution. The long-term strategic deal allows the sports data and analytics company to continue collecting and distributing LaLiga data to betting firms, fantasy sports providers, broadcasters, publishers and teams until …

Entain defends post-2020 social responsibility record against UKGC penalty

Having been charged £17m for social responsibility and anti-money laundering shortcomings dating back to 2020, Entain has outlined its efforts in this area and approach moving forward.  Split between the group’s LC International Limited web business and Ladbrokes Betting & Gaming Ltd retail operation – charged £14m and £3m respectively – the Commission’s penalty has …