Category Archives: Betting

Grupo CIRSA has announced the appointment of Antonio Hostench as new Chief Executive of the Blackstone-owned Spanish markets gambling group. Yesterday, the board of CIRSA informed stakeholders that it had decided to split the duties of CEO and Chairman that Joaquim Agut had served since 2018, following US PE fund Blackstone’s buyout of the company. …

Igaming software solutions provider Delasport will now allow bettors to “connect multiple single bets with just one stake” following the launch of its new feature, Ifbet. Unveiled in collaboration with 18bet and CasinoWinBig, it is hoped that Ifbet will elevate the overall player experience while also giving the two operators the ability to differentiate themselves …

The board of 888 Holdings has notified investors that it has reached an agreement with Caesars Entertainment to amend the terms of its acquisition of William Hill.  Citing a change in macroeconomic conditions and regulatory/compliance factors since the deal was initiated on 9 September 2021, Caesars has agreed to lower its enterprise valuation of William …

The global sports betting industry is entering a period of transition, moving towards a more sports entertainment-focused approach that will encompass a 360-degree view of fan engagement, according to Florian Diederichsen, Chief Technical Officer of OpenBet.  Speaking in an interview with SBC, Diederichsen outlined the ways in which entertainment is rapidly becoming the focal point …

Operators must prepare to meet the increased demand for soccer player markets in 2022, as more bettors – driven by trends from the US and advancements in player data, become accustomed to the growing availability of statistics and bet builder products. Reuben Thomas – Commercial Director at Abelson Info – tells us about Player Incident …

Entain Plc’s 2022 performance began in line with corporate expectations, as its business units and brand portfolio are matched against tough 2021 like-for-like comparatives.  Publishing its Q1 2022 trading update, Entain reported that group NGR was up 31%. This, it said, was supported by the return of its retail unit performance which achieved a 1,000% …

Kambi Group Plc has confirmed the promotion of Cecilia Wachtmeister as new Chief Commercial Officer (CCO) of the Stockholm Nasdaq listed sports betting technology group. A member of Kambi’s executive management team since 2019, Wachtmeister has formally served as the group’s EVP of Business and Group Functions.  An expert in tech enterprise and commercial development, …

Groupe FDJ has announced that its management committee (leadership and corporate governance) has joined the corporate charter of #JamaissansElles (#NeverWithoutThem) – a French business directive aimed at promoting gender diversity across all workplaces. The operator of France’s national lottery and betting agencies, FDJ becomes the first company listed on the Paris Euronext SBF-80 to commit …

The UK Treasury has initiated wider plans to establish a regulatory framework to govern cryptocurrency, in which it has outlined its objective to make Britain a hub for digital payments. The UK government seeks to regulate certain stablecoins in order to elevate confidence and security within cryptocurrencies and further digital transactions. Chancellor Rishi Sunak stated: “It’s …