Category Archives: Betting

Whilst Genius Sports finished on a strong footing in Q3, it did not go without some financial drawbacks to deal with by the end of the year. Total group revenue landed at $166.3m for the three months ending September, which was 38% over the $121m gained for the same period last year. Of that total, …

 Brightstar Lottery (formerly IGT Plc) has announced that it is close to completing its cash reward of $1bn to shareholders in 2025. The cash reward is carried-out as the pledge of Brightstar completing its sale of IGT Digital and Gaming assets, which were merged with Everi Holdings in a $6bn deal executed by Apollo Global. The …

A preliminary date has been set for the trial of Kenny Alexander, ex-CEO of GVC Holdings, and former associates who stand against charges of fraud, bribery, and perverting the course of justice. Alexander has been scheduled to appear alongside Lee Feldman, the former Chairman of GVC Holdings, and five other defendants at London’s Southwark Crown Court …

‘Should five percent appear too small, be careful I don’t take it all’, sang George Harrison, in The Beatles’ 1966 opener to Revolver, ‘Taxman’. Well, five percent would be a dream for the UK gambling sector which is bracing itself for taxes of up to 50% in Rachel Reeves’ budget on November 26.  It has …

Though the industry shows signs of fatigue, Gustaf Hoffstedt, Secretary-General of BOS, tells SBC that the toughest battle of the decade’s close will be reframing how gambling policy is understood and discussed. “It can come down to changing one opinion at a time,” says Gustaf Hoffstedt, Secretary-General of BOS, Sweden’s Online-Gambling Trade Association. Few in …

State owned betting companies continue to present a lucrative source of revenue for EveryMatrix as the B2B firm continues to keep track with its strategic vision. This morning, the Malta-based company announced a partnership with Danish state-owned betting and gaming firm Danske Spil, the operator of the country’s national lottery. Terms of the deal will …

UK horseracing might have dodged the gambling tax hike bullet expected to be fired with the 2026 UK Budget on 26 November. Reported by the Telegraph citing anonymous sources, such a decision by HM Treasury would bring a months-long anti-tax campaign by the horseracing industry to a successful end. A gambling tax increase is expected …

Sportradar AG has completed its acquisition of IMG ARENA, staking a claim to being the outright leader in global sports’s biggest data, media, intelligence, and IP rights supplier.  First announced on 19 March 2025, the deal sees the NASDAQ-listed technology group acquire IMG ARENA and its global sports betting rights portfolio from Endeavor Group and OB …

Racing and Sports (RAS) has moved quickly to appoint new leadership for its new Asia division, created via acquisition last week. Ronnie Tay has been tasked with leading the Australian betting content firm’s Asian expansion as its new Head of Asia, with Hong Kong the starting point of its ambitions. The new hire has been …