Category Archives: Betting

Light & Wonder offloads SGC lottery unit to Brookfield Partners for $5.8bn

Newly established, Light & Wonder the new business entity of Scientific Games Corporation (SGC) has accomplished a major corporate objective by completing the sale of its global lottery unit to private investment fund Brookfield Business Partners for $5.8 billion. Terms on a deal have been finalised, following negotiations between Light & Wonder and Brookfield Partners …

Delasport fuels international growth with Inesa Glazaite hire

Delasport has strengthened its senior leadership team after naming Inesa Glazaite as its new Senior Sales Director. The new appointment, Delasport explained, will help fuel the company’s expansion into new global markets and “adds to the momentum achieved in the last year”. Commenting on the appointment, Delasport CEO Oren Cohen Shwartz said: “We are thrilled …

Getting closer to Altenar: the many faces of the sports betting provider

Domenico Mazzola, Commercial Director at Altenar offers us a closer look at the people and ideas which have contributed to the provider’s company culture, and how this has helped solidify its status as a ‘sports betting powerhouse’. Many people, businesses and the great minds behind the igaming industry will know the blue light of Altenar’s …

Suren Khachatryan: Technamin is tapping into the world of AI

Artificial intelligence (AI) holds the potential to transform the betting and gaming industry, and will likely take a leading role in data processing and player segmentation in the years to come. Technamin Founder and CEO Suren Khachatryan claims his company will be at the forefront of AI developments and is ready right now to embrace …

LSports broadens BetBooster offer with handball and cricket

Sports data solutions provider, LSports, has broadened its BetBooster coverage with the new additions of handball and cricket this week. Now live with 10 popular sports including soccer, tennis, basketball and more, BetBooster has achieved record success rates, said the firm.  The automated AI-based betting tips generator supports over 100 betting markets, both in-play and …

NetShop ISP to showcase ultra-low latency solution at ICE London 

Multi-award winning hosting provider NetShop ISP has confirmed its attendance at next week’s ICE London 2022 event (12-14 April) where the firm will showcase its igaming-customised range of products and solutions. The firm’s igaming experts will be on hand to walk visitors through a host of products. Alongside the traditional cloud and server hosting solutions …

CAP bans use of sports stars and celebrities to promote gambling campaigns

UK licensed gambling operators will no longer be allowed to use high profile sports stars to promote their marketing campaigns. The measure was announced by CAP – The Committee of Advertising Practice, who this morning published a series “of tough new rules to curb the appeal of gambling adverts with under-18 audiences”. The new rules …

Marathonbet shuts down UK offering citing European conflict concerns

Marathonbet has this afternoon communicated that it will withdraw its presence from the UK betting market.  The pan-European sportsbook issued an email to its UK customers stating: “We regret to inform you that we have taken the decision to temporarily suspend our Marathonbet.co.uk website.” Customers were informed that from 14 April 2022, Marathonbet.co.uk will no …

XLMedia confirms CEO departure of Stuart Simms

The board of XLMedia has confirmed that Stuart Simms has chosen to resign as Chief Executive of the London AIM-listed igaming media publisher. Updating investors, XLMedia stated that Simms had chosen to “pursue other interests”, but will support the company in its leadership transition as the board begins an executive search to find its successor. …

GLMS issues alert on four ‘suspicious’ games in March

The Global Lottery Monitoring System (GLMS) alerted its members and partners to four “seemingly suspicious” games in March. Publishing its April 2022 newsletter, the GLMS issued the alert after completing its essential investigations, while the industry watchdog also developed five analysis-reports after requests from members and partners. These analysis reports probed past games to “determine whether the …