Category Archives: Betting

Flutter moves to strengthen LatAm position via FanDuel

Flutter Entertainment has entered into an agreement with Brazilian multinational mass media corporation Grupo Global, providing the company with daily fantasy sports (DFS) via its FanDuel subsidiary. The multi-year agreement will see Grupo Global’s Cartola FC brand receive DFS services from FanDuel, with the main focus of the deal revolving around the launch of Cartola …

Flutter Entertainment enters long-term streaming partnership with RMG

Flutter Entertainment and Racecourse Media Group (RMG) have confirmed the signing of a long-term partnership, lasting until 2028, focusing around streaming rights and marketing. The deal will see Flutter Entertainment leverage RMG’s horse racing streams to supply more content to its customers across its online and retail Paddy Power, Betfair and Sky Bet verticals. Meanwhile, …

Stoiximan growth helps OPAP offset retail blues 

OPAP SA has reported a ‘further solid trading period’, as online growth credited to its newly integrated Stoiximan assets have offset continued lottery and VLTs declines.  Publishing its nine-month management performance statement, the Athens-listed gambling group registered a 16% increase in corporate revenues to €1.04 billion (YTD2020: €898m).  A breakdown of unit performance saw OPAP’s …

Vital operators prepare for cross selling opportunities

Sports betting operators in the US need to prepare now for the huge revenue opportunities that igaming will provide when legislation permits, according to experts at SBC Advisory Partners.  The consultancy service, which will be exhibiting at the upcoming SBC Summit North America, believes the figures coming out of New Jersey underline the importance of …

Genius ups 2021 forecasts as investment soars to maximise US opportunities

Genius Sports has outlined that its US-focused expansion strategy is on course, having experienced significant growth in the third quarter of 2021 and striking partnerships with a number of major betting operators. Publishing its Q3 2021 trading update, the NYSE-registered sports data and technology provider detailed group revenue of $69.1 million, a 70% increase on …

Spelinspektionen shows new enforcement actions against Curacao operators  

Spelinspektionen – Sweden’s gambling inspectorate has taken direct action against a further 23 unlicensed operators deemed to be illegally targeting the country’s regulated online gambling marketplace  The inspectorate has informed its Swedish counterpart authorities and financial institutions of 23 Curacao-based businesses and their related websites that are undertaking illegal gambling activities. The public disclosure of …

Betbazar partners with Altenar in product distribution deal

Betbazar has agreed to supply products from its exclusive partner BETER to Altenar’s clients across Latin America and Europe. The next-gen products, Betbazar said, will be integrated in “less than a month” and will include the provision of BETER’s EsportsBattle Football as well as its Table Tennis Setka Cup Tournaments. Alex Iaroshenko, CEO at Betbazar, …

Paddy Power ends RTÉ broadcast partnership 

Paddy Power has mutually ended its sponsorship of televised football matches with Irish terrestrial TV broadcaster RTÉ. The decision comes ahead of a new voluntary code of conduct that will be observed from 1 January by members of the Irish Bookmakers Association (IBA). The code’s headline measure will impose a ‘whistle-to-whistle ban on sports betting …