Category Archives: Betting

Nueva Codere recovery outlook bolstered by positive Q1 results

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that …

Sky Bet launches #StepUp campaign as EFL Play Offs commence

Sky Bet has launched its latest campaign as a partner of the English Football League (EFL), focusing on the upcoming Play Offs deciding the promotion hopes of several teams. The campaign, labelled #StepUp, will see the Flutter Entertainment betting and gaming brand continue the messaging around the play-offs it has displayed for the past three …

Mr Green sees SEK 30m Swedish AML penalty appeal rejected 

Mr Green has had its appeal against Swedish gambling inspectorate Spelinspektionen rejected by the Administrative Court of Linköping. Last Summer, William Hill’s European online gambling subsidiary was fined penalties totalling SEK 31.5 million (€3.1m) by Spelinspektionen for ‘failing to comply with due diligence and AML duties in order to protect customers’. Spelinspektionen ordered Mr Green …

Sportradar secures global Australian Ice Hockey League data rights

Sportradar has entered into an agreement with the Australian Ice Hockey League (AIHL), covering audio-visual distribution rights and integrity operations.  The agreement, in place until the end of 2024, will see Sportradar distribute the AIHL’s data worldwide, with the exception of Australia and New Zealand, whilst also leveraging its Universal Fraud Detection System (UFDS). UFDS …

Bayes Esports facilitates new growth opportunities with latest funding round

Bayes Esports has closed its latest financing round of €6m, a cash injection that CEO Martin Dachselt believes will deliver sustainable growth for the company and help “professionalise the esports industry”. Last year, the Berlin-based esports company raised more than €10m, and this figure is expected to double over the course of the next 12 …

Tabcorp split signals new era for Australian betting 

Australian gambling stands on the verge of a market transformation, as shareholders of ASX gambling group Tabcorp Holdings have unanimously approved splitting the business.  This morning, Tabcorp’s board disclosed that 99% of shareholders had approved for the demerger of ‘The Lottery Corporation Limited’ – the unit that operates the Tatts Lotto and Keno business across …

GambleAware: ASA report ‘encouraging’ but ‘much more to be done’ on betting ads

The Advertising Standards Authority (ASA) published its report into children’s exposure to age restricted advertising yesterday focussed on gambling and alcohol products,  demonstrating a decline for both. Issuing its own update today, GambleAware has described the findings of the research as ‘encouraging’, but added that children were still exposed to be gambling marketing more than …

Genius Sports reaffirms 2022 financial outlook against changing market dynamics

Genius Sports has reaffirmed confidence in achieving its full-year 2022 financial objectives, irrespective of ongoing market headwinds and adjustments.   Publishing its Q1 2022 trading update (period ending 31 March), Genius registered corporate revenues of $86 million, up 60% on Q1 2021 comparative results of $54 million and outperforming its ‘expected guidance’ by 10%. Headline growth …