Category Archives: Betting

Tabcorp returns to profits as focus shifts to 2022 split-off  

Tabcorp Holdings returns to profits, as corporate governance highlights the intrinsic value of its lottery and wagering unit that will operate as stand-alone businesses from 2022 onwards.  Publishing its full-year 2020/2021 results (period ending 30 June) – Tabcorp declared statutory group profits AU$269 million (€166m) reversing its preceding losses of 870 million (€530m). The ASX …

Sportradar confirms IPO and NASDAQ listing intentions

Sportradar has filed a registration statement on Form F-1 with the Securities and Exchange Commission (SEC) relating to an Initial Public Offering (IPO) of its ordinary shares, intending to list on the NASDAQ Global Market under the ticker symbol SRAD. The sports data technology company has filed a statement relating to the proposed sale of …

NSoft: Overcoming security challenges in the betting industry

Security breaches and data theft are ‘omnipresent’ in today’s world, said NSoft CTO Nikola Rakic, with the betting industry being no exception. Writing for SBC News, Rakic – who heads up a tech team of more than 300 in a dynamic working environment at NSoft – explained why security challenges have been exacerbated by changes …

GiG nets 82% EBITDA increase riding high off Media Services growth

Gaming Innovation Group (GiG) has continued its positive ‘pure B2B momentum’ by registering double-digit Q2 revenue and earnings growth. Publishing its Q2 2021 trading update (period ending 30 June), the Stockholm-listed igaming solutions provider reported group revenues of €16.2 million, up 23% on corresponding 2020 results of €13.2 million. Q2 trading saw GiG’s Media Services …

EveryMatrix signs US-facing distribution deal with Kindred

EveryMatrix has strengthened its position in the evolving US betting and gaming market by securing a casino content distribution deal with Kindred Group. The NASDAQ Stockholm-registered international operator has enlisted the igaming technology provider to expand its current casino offering, integrating EveryMatrix’s prosperity games from Spearhead Studios and Armadillo Studios. A number of US-facing investments …

NetBet extends Sportnco platform duties to Greek market  

Sportnco has announced its entry into Greece’s regulated online gambling marketplace, having been tasked with migrating the sportsbook property of NetBet.gr.  The Toulouse-based sports betting systems provider has been selected by Pan-European operator NetBet to migrate its entire Greek sportsbook unit onto a new platform compliant with the Hellenic Gaming Commission (HGC) technical commands. The …

Raketech refined network nets record Q2 sales results 

Raketech Plc has registered record trading results, lauding the growth of its publishing network, servicing multiple geographies and helping offset dependence on Nordic markets.  Publishing its Q2 2021 trading update, Raketech registered group revenues of €8.8 million, up 25% on corresponding 2019 results of €7 million.  Q2 revenue growth was maintained despite Raketech recording a …

Strive Gaming unveils leadership team to execute US platform dominance

Strive Gaming has launched its commercial profile, aiming to establish its business as the leading supplier of fully customised igaming platforms for the burgeoning North American market. The ambitious start-up has named former Kambi Group Chief Commercial Officer Max Meltzer as its enterprise CEO, leading its mandate to deliver North American incumbents with the most …

Robert Chvátal: SAZKA’s transformation has pushed the static boundaries of European lotteries

Speaking exclusively to SBC Leaders, Robert Chvátal reflects on his eight tenure leading SAZKA Group, transforming the Czech operator into Europe’s dominant pan-national lottery operator that now targets winning the National Lottery’s 2023 stewardship by putting forward a generationally innovative bid to reinvigorate the UK’s lottery market.  ____________ SBC: Thanks for speaking with us. 2020 …

William Hill updates Racing Post displays to initiate digital transition

William Hill has updated its retail betting shop displays, as the operator continues to make the transition from paper to digital signage of Racing Post content. By implementing the Racing Post Digital Betting Shop Display (BSD), the heritage bookmaker aims to provide its customers with UK and Irish horse racing and greyhound information and updates …