Category Archives: Betting

Alexander Ovechkin joins Fonbet as brand ambassador

Three-time world ice hockey champion Alexander Ovechkin will now represent Fonbet after agreeing to become the operator’s new brand ambassador. Lauded as one of the most celebrated athletes in Russia, the Stanley Cup winner will work alongside Fonbet across a series of events, including advertisements, press conferences, workshops and jersey giveaways.  “It’s hard to overestimate …

Evolution claims foul play of NJ complaint to discredit its business 

The board of Evolution Gaming AB has moved to further counter ‘allegations of irregularities’ made against its business by an anonymous third party.     The Nasdaq Nordic games developer has been the subject of a complaint filed to the New Jersey Division of Gaming Enforcement (NJDGE) by an anonymous competitor. The complaint stated that Evolution had …

Yossi Abadi: “Looking for quick wins is a quick lose’ in Latin America

Latin America is increasingly drawing the attention of many major international betting operators, but according to Tenlot CEO Yossi Abadi many are not properly taking into account local factors when launching their products. A number of major international betting and gaming operators have been weighing up their options in Latin America in recent years, with …

BoyleSports strengthens retail presence with acquisition of last 10 Tully Bookmakers

Irish independent bookmaker Tully Bookmakers has made the decision to sell its ten remaining retail venues to BoyleSports, as reported by the Racing Post. Also taking on Tully’s telephone betting business, the acquisition will see BoyleSports maintain its position as the largest independent operator in Ireland with a suite of 268 retail betting shops throughout …

STS prices up pre-Warsaw IPO bookbuild 

STS Holdings has published a corporate prospectus outlining the material information and timetable of its initial public offering (IPO) on the Warsaw Exchange. This summer, Poland’s Financial Conduct Authority disclosed that the Juroszek family, who control 100% of STS shareholding, had submitted a filing evaluating Warsaw IPO options for STS – Poland’s biggest sportsbook operator …

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 …