Category Archives: Betting

IGT expands casino suite executing €160m takeover of iSoftBet.

IGT Plc has moved to expand its B2B online casino offering, by securing definitive terms to acquire Malta-based online casino solutions provider iSoftBet.  This afternoon, the board of IGT notified investors that it has agreed a €160 million cash deal to acquire iSoftBet – undertaking an acquisition that will “more than double the IGT PlayDigital …

Sportradar to boost AI capabilities via Vaix acquisition

Sportradar has acquired Vaix, an Artificial Intelligence (AI) solutions provider for the gambling industry, building on a pre-existing partnership between the two firms.  The Swiss-based sports data and technology company, which recently published its first trading report as a Nasdaq-listed enterprise, maintains that the transaction will not have an impact on its financial outlook for …

RMG strikes Fakenham deal to bolster UK content output

Fakenham Racecourse has become the latest British racing venue to join the Racecourse Media Group (RMG), bolstering the latter’s output of UK content.  The deal – in place from 1 May 2022 to 31 December 2028 – now means that RMG will broadcast live racing from 36 British racecourses and all 26 Irish tracks, via …

Betby expands esports content with baseball addition

Betby has made a new addition to its esports portfolio, incorporating baseball events and tournaments into the Betby Games collection.  The development will see more than 20,000 AI-led baseball events go ahead each month, a move that Betby hopes will bolster its commercial standing in markets where the sport has a strong following, such as …

Betcris further boosts LatAm presence with Guatemalan football addition

Betcris has entered into an agreement with Toros del Malacateco (CD Malacateco), becoming the official sponsor of the Guatemalan top-flight football club for the next three years.  The international betting operator has been pursuing an extensive marketing strategy in the Latin American sports sector over the past year, having recently secured deals with nine Honduran …

Delasport makes Swedish market debut

Delasport has expanded its global footprint after receiving the necessary regulatory approvals to enter the Swedish market. The Swedish debut will see Delasport roll out its “one-stop-solution” which includes a sportsbook, player account management (PAM) and casino offering. Oren Cohen Shwartz, CEO of Delasport, commented: “By entering the Swedish market, we continue to expand globally …

Winning Post: UK gambling forced to grow-up on advertising standards

Regulus Partners digs deep as to why the Committee of Advertising Practice (CAP) decided to introduce tough new measures to control the appeal and engagement of gambling advertising with young audiences. To the surprise of observers, the UK’s advertising monitor has moved ahead of regulatory judgements on industry marketing standards that were due to be …

Kindred forecasts 30% revenue slump due to Dutch KOA drag

Kindred Group has notified investors that it anticipates a 30% revenue decline in corporate revenues to £247 million, as a result of ‘temporary Dutch market headwinds’ impacting its business.  The Stockholm-listed online gambling group issued a pre-close trading update ahead of its Q1 earnings call on Thursday 28 April, alerting investors of its expected + …