Category Archives: Betting

Political pressure forces Caixa to postpone state-owned betting platform

Plans to launch Brazilian state-owned bookie “Bet da Caixa” have now been postponed indefinitely. As reported by Ana Maria Menezes for SBC Noticias Brasil, the decision was taken by Brazil’s state bank Caixa Econômica Federal to avoid friction with President Lula’s cabinet. Carlos Vieira, President of Caixa, first announced on 16 October that the bank …

AFJEL meetup shows French fractures on iCasino future  

France’s online gaming trade body AFJEL states its focus is on combatting the illegal market and called for iCasino regulation but also led to a swift rebuke from the country’s largest casino groups.   AFJEL President Nicolas Béraud called on the French authorities to do everything they can to stop the spread of illegal gambling in …

Sportradar setting sites on new horizons as 2025 targets updated

Despite a decline in profits during Q3, Sportradar AG remains confident in its commercial outlook as it eyes expansions into iGaming, increased use of Artificial Intelligence (AI), and a bigger international profile following the takeover of IMG Arena. Q3 trading saw Sportradrar’s revenue rise 14% year-over-year to €292m (Q3 2024: €255.2m) while year-to-date revenue stands …

Catena confident in US-only focus but Q3 shows lingering difficulties

Catena Media is now relying solely on revenue from North America operations, officially bringing its reorganisation to an end. The Stockholm-listed gaming affiliate company started transitioning to a new operating model with a focus on US growth a little over a year ago, with the venture spearheaded by Catena CEO Manu Stan and CFO Michael …

FIRST upgrades Pixbet’s platform at crucial time for Brazil’s sportsbooks

Brazilian operator Pixbet is updating its tech stack via a partnership with FIRST – Best in Sports, a sportsbook solutions developer. The partnership comes 10 months after the launch of the Brazilian market, which has as expected grown rapidly and attracted significant international and domestic interest. FIRST asserts that its platform is ideal for Pixbet …

International deal inked to safeguard ‘world-class iGaming frontier’ in Africa

The rapid development of key betting and gaming markets across Africa continue to catch international attention, with the industry’s global betting integrity body increasingly fixated on the continent. This week, the International Betting Integrity Association (IBIA) announced a memorandum of understanding (MoU) with the African iGaming Alliance (AIA), an international trade body representing African gaming …

SBC confirms continuing September dates for SBC Summit

SBC Events has reiterated the 2026 dates and announced the 2027 dates for its flagship SBC Summit, which most recently brought together 30,000 industry professionals in Lisbon. The global event will return to the Feira Internacional de Lisboa and the MEO Arena on 29 September-1 October in 2026 and 21-23 September in 2027. Having secured …

Iceland calls for new gambling supervision against unlicensed websites 

The Althing of Iceland has been urged to consider drastic reforms on how gambling is supervised and governed, as concerns mount over public health, online exposure, and the lack of state oversight on illegal gambling. Calls for change follow the Ministry of Health’s new agreement with SÁÁ, the national addiction-treatment association, which for the first …

UKGC slaps NetBet with £650k penalty over AML breaches

UK licence holder NetBet Enterprises Ltd has paid £650,000 to the UK Gambling Commission (UKGC) after an investigation into anti-money laundering (AML) failures. A statement from the regulator stated that the company, operator of online gambling provider NetBet UK, agreed to a settlement with the Commission after an investigation revealed social responsibility breaches as well …

Kambi’s Q3 hits snags as Brazil growth slower than expected

Kambi Group Plc remains confident that new sportsbook partnerships will help offset financial headwinds caused by contract changes and market exits affecting its operator network. Q3 2025 accounts saw Kambi report revenues of €37.4m, marking a 13% year-on-year decline compared to €43m in Q3 2024. This contributed to a corresponding drop in profit of 72% …