Category Archives: Betting

Retail recovery and digital expansion drives FDJ’s Q1 revenue growth

La Française des Jeux (FDJ) has detailed a strong start to 2022, with revenue increases recorded for both sports betting and lottery, although stake numbers for the former did decline slightly. Updating stakeholders, the French national lottery and sports wagering provider reported total revenues of €613 million, a 14% increase on the previous year’s figure …

LeoVegas expands personalised safer gambling messages for Sweden and Denmark

LeoVegas AB will utilise personalised on-site messages to interact with customers in its key markets of Sweden and Denmark, making them aware of its suite of safer gambling tools.  The decision follows the successful trial of personalised on-site messaging with UK customers that has been running since the Autumn of 2021. “On-site messaging is a …

PokerStars launches Exchange to strengthen sportsbook offering

PokerStars has moved to enhance its position in the sports betting market by launching a peer-to-peer online betting exchange. Made available to the Flutter Entertainment brand’s customers today via its .com and .EU domains, the PokerStars Exchange will enable the firm’s customers to buy and sell bets with other punters internationally with access to a …

GoldenRace to supply Paston.es as European growth ambitions continue

GoldenRace has strengthened its presence in the Iberian gaming market via an agreement with Paston.es, a Spanish online betting and casino operator.  The virtual sports provider will supply Paston.es suite of virtual sports and games, marking the first time the operator has incorporated such products into its wider offering. GoldenRace has further detailed that it …

Norsk Tipping CEO search concludes with Thor Gjermund Eriksen appointment

Norsk Tipping, Norway’s state-backed betting and lottery monopoly, has confirmed the appointment of Thor Gjermund Eriksen as its new CEO.  A career journalist, Eriksen most recently served as Director-General of the Norwegian Broadcasting Corporation (NRK), having held the position since 2013.  Although his tenure as NRK Director-General was not due to expire until 2025, Eriksen …

Yggdrasil founder Elmqvist passes CEO helm to Björn Krantz

Yggdrasil Gaming has transitioned to a new leadership era, as company founder Fredrik Elmqvist has called time on his decade long tenure as Chief Executive of the games publisher and online casino solutions provider. Effective today, Elmqvist has been succeeded by Björn Krantz as CEO, who has been promoted from his former position as Chief …

Oddin.gg and SB22 form strategic esports betting alliance 

Global esports, odds feeds, risk management and iframe solutions provider Oddin.gg has confirmed a new strategic collaboration this week with upcoming North American technology firm SB22.  Under the terms of the partnership, SB22 will benefit from implementing Oddin.gg’s iframe solution, described by the latter as a “state-of-the-art product designed to enhance sportsbooks with truly engaging …

FansUnite further expands UK presence via Dragon Bet deal

FansUnite has entered into an Memorandum of Understanding (MoU) with Dragon Bet to supply its Chameleon iGaming platform to the Lovell Brothers Limited-owned Welsh sportsbook. The MoU covers a long-term licensing agreement that will enable Dragon Bet to utilise the Canadian sportstech group’s white-label software, which is due for launch in the UK later this …

Rank softens year earnings as UK venues catch a cold 

Rank Group Plc has downgraded its 2021/2022 full-year EBIT profit guidance from £55m-to-£65m to the lower range of £47-to-£55m – having considered  Q3 trends that detail a ‘softness in venue trading’ and ‘continued inflationary costs’.     The LSE gambling group has notified investors that it continues to monitor post-pandemic elements that are impacting the full recovery …