Category Archives: Betting

Catena targets North America as Europe poses challenges in Q1 earnings

Catena Media has detailed a ‘solid quarter’ across during Q1 2022, as the group’s revenues increased by 11% year-on-year, driven by continued expansion in North America.  Updating investors, the gambling affiliate and media publishing group announced revenue of €45.2 million (2020: €40.7m), whilst EBITDA rose by 2% to €25.6 million (€20m), albeit with a decreased …

Better Collective ups 2022 earnings guidance following record Q1 opening 

Better Collective AS has declared a ‘record financial performance’, attributed to outstanding US growth that has surpassed all management expectations.  Publishing its Q1 trading update (period ending 31 March), the Stockholm-listed media publisher registered corporate revenues of €67m, up 74% on corresponding 2021 results of €39m. Topline growth was attributed to US market gains, that …

NetShop ISP recognised as best hosting provider in the Baltics at BSG 2022

NetShop ISP, a leading provider of bare-metal servers, data centre solutions, and cloud hosting, has been awarded the “Best Hosting Provider in the Baltics” award at the Baltic and Scandinavian (BSG) Gaming Awards 2022 in Vilnius, Lithuania. During the event, held at Radisson Blue Royal Astorija Hotel, sports betting and online casino professionals submitted their …

GamCare optimises safer gambling for Rank Group employees

GamCare has formed a partnership with Rank Group to carry out safer gambling and social responsibility training for more than 1,400 of its employees.  Beginning this month until late November, the UK-based charity will deliver 150 days of training covering a range of areas relating to responsible gambling and customer interaction. This will include a …

BtoBet secures agreement with Ngnatat Sarl to power Cameroon’s Bet237

BtoBet has strengthened its position in the African betting and gaming market, signing a supply agreement with Ngnatat Sarl Trading. The Aspire Global sports betting brand secured the deal with the African gaming group via the latter’s partner STM Gaming, delivering online and retail solutions to Ngnatat’s Bet237 operator. Provided services include both sportsbook and …

Swedish GGR climbs 6% YoY in Q1 2022 but falls from year end figures

The Swedish betting and gaming industry’s post-lockdown recovery has continued in the first quarter of the year, as total revenue reached SEK 6.5 billion (€6.2m). A 6% increase on Q1 2021, the quarter saw Sweden’s 66 licensed sports betting and casino operators collect wagering revenue of SEK 4.1 billion (€392m), a rise of 4% on …

University of Bristol launches £4m Gambling Harms Research Centre

The University of Bristol has launched Britain’s ‘first academic research centre’ dedicated to developing ‘multidisciplinary approaches’ examining gambling harm, addiction and social complexities. Launched as The Gambling Harms Research Centre (GHRC), the unit aims to transform research of gambling harms by developing deeper academic resources and evidence-led insights to share learnings with domestic and international …

Three Brazilian football clubs ink sportsbook partnerships

Brazilian football clubs Palmeiras, Corinthians and America have each formed partnerships with sportsbooks Betfair, Galera.bet and EstrelaBet, respectively. Palmeiras’ two-year sponsorship agreement with Betfair will provide exposure for the online gambling company in the Verdão women’s soccer team uniform as well as in all official digital content. Similarly, Corinthians’ partnership with Galera.bet names the company …

Progress Play and Jumpman rack up £675k in UKGC penalties

The UK Gambling Commission (UKGC) has handed out a combined penalty of £657,000 to two online gambling businesses due to social responsibility and AML shortcomings.  Progress Play was charged £175,718 whilst Jumpman Gaming will pay £500,000, with the cash from both penalties directed towards the National Strategy to Reduce Gambling Harms. A UKGC investigation found …

William Hill expands flagship brand into Latvia ahead of 888 takeover

William Hill has secured market access into Latvia for its flagship sportsbook and casino brand, enabled by an existing holding in the country.  The UK bookmaker plans to build on its pre-existing momentum with 11.lv – which it states has become a ‘top three player’ in Latvia’s online betting and gaming market – as well …