Category Archives: Betting

Growth hungry Genius Sports upgrades 2021 forecasts 

Genius Sports has upgraded its full-year 2021 financial forecasts, having disclosed peak Q2 trading which saw the sportstech group double its revenues to $59 million (Q2 2020: $27m).  Publishing its first H1 Interim results as an NYSE enterprise, Genius revealed double and triple-digit Q2 revenue outcomes across its core business units. A breakdown of Q2 performance …

IGT creates Digital and Betting division in corporate restructure

IGT has announced a commercial re-organisation, creating a Digital and Betting business segment out of the igaming and sports betting divisions formerly part of its Global Gaming department. The third quarter of 2021 will see the group operate the business segments of the firm, which include the newly created Digital & Betting, the aforementioned Global …

Safe Bet Show: Esports on the rise due to consistent development

The rise of esports has been, of course, heavily driven by the rapid expansion of the video gaming industry over the past few decades, raising the profile of the sector to the betting and gaming industry. This has, however, also raised concerns regarding both video game addiction as well as the space’s connection to gambling, …

High Council of Spanish Sports commits to Integrity monitoring by DGOJ 

Spain’s Consejo Superior del Deporte (CSD) – the high council of sports governance has confirmed that its membership body will track all sporting events using the ‘Alert System’ – operated by DGOJ Spain’s federal gambling regulator.    The resolution follows a new cooperative agreement formed by the CSD and DGOJ with the aim of preventing and …

Gold Cup winner Paddy Brennan backs BresBet back to basics approach 

New bookmaker BresBet has announced that champion jockey Paddy Brennan will serve as its first ‘Racing Legend’, promoting its brand and betting services to racing enthusiasts. Launched this September, BresBet seeks to become UK betting’s most comprehensive and best value bookmaker for horse and greyhound racing markets – servicing the intricate needs of racing customers …

W2: The Gambling Act review is an opportunity to enact real change

As the review of the 2005 Gambling Act makes its way through the various stages of parliamentary proceedings, there is one thing on everyone’s mind: will the Department for Digital, Culture, Media & Sport (DCMS) enforce the changes that the gambling industry really needs? Or will the industry’s current stigma bring about unwanted reform? With …

SBC Summit CIS agenda to shine spotlight on best emerging opportunities

Next month’s SBC Summit CIS, Presented by Parimatch, will feature an agenda that delivers valuable insights into the changing face of the betting and gaming industry in markets across the region and how operators can prepare for the best emerging opportunities.  The conference and exhibition, organised by SBC in partnership with Sports Media Holding, takes …

Sportradar aims to raise $504m with IPO

Sportradar has confirmed its Initial Public Offering (IPO, with the aim of raising $504 million through floating of shares in addition to a further $159 million via concurrent private placements. The Swiss-based sports data and technology company will offer 19 million shares at a price range of $25 to $28, with the concurrent private placements …

KSA issues final guidance on KOA advertising rules

Kansspelautoriteit (KSA) – The Netherlands gambling regulatory authority – has issued its final guidance on the advertising and player acquisition requirements of the KOA Regime, due to launch on 1 October.  The guidance supplements KSA ‘Games of Chance’ advertising requirements, made available to all prospective KOA licensees on 1 April – the date KSA launched …