Category Archives: Betting

US billionaire now controls 27% of Paddy Power & Sky Bet owner Flutter

Billionaire businessman Kenneth Dart is now the single largest private shareholder in Flutter Entertainment, increasing his control in the global gambling giant yet again. A notification sent to the London Stock Exchange on 20 May showed that Dart now controls 27.6% of all voting rights in Flutter, having purchased more shares via his investment company […]

Gentoo Media confident of adapting to the AI era

Gaming affiliate group Gentoo Media is continuing to adapt to the challenge posed by artificial intelligence and the impact this is having on search engines, leadership states. The group’s financials for Q1 2026 showed a 5% year-over-year decline in revenue from €25.4m (£22m)to €24m, citing a range of challenges holding back its early year performance. […]

Spanish giant CIRSA shaves debt by over €500m after record operating revenue

CIRSA delivered one of its strongest quarterly performances in recent years during Q1 2026, which was supported by retail dominance, online expansion and a lowering of financing costs. Net operating revenues reached a record €623m (£538.9m) during the quarter, increasing 8% year-on-year, or 9.5% excluding foreign exchange effects, from €576.7m. EBITDA rose to €193.9m (Q1 […]

EU committee to entertain international tax on gambling

Legislators have moved a step forward to implementing an EU-wide levy on gambling revenues, although the prospect still remains far off – for now. A 1% levy on gambling was proposed by Romanian politician Victor Negrescu, Vice President of the European Parliament and a member of the Budget Committee, in February. Next Wednesday, 27 May, […]

ChatBet: improving conversion and retention with a conversational betting performance channel

A new WhatsApp and Telegram-based AI betting solution is having a demonstrable impact for operators’ acquisition and retention capabilities.  ChatBet, an interface layer that enables bettors to place bets through WhatsApp or Telegram, is being rolled out across Latin American markets and is delivering strong results for early adopters.  The AI-bookie solution has published a […]

The hidden cost of stream delay in live betting and iGaming

Stats Perform Product Director Martin Popov talks with SBC News about the cost of stream delay to in-play revenue and what changes when latency drops substantially for sportsbook and iGaming operators. Live in-play betting is now the largest betting segment in the US sportsbook market by revenue. DraftKings confirmed in early 2025 that in-play wagers […]

First Pitch finalists revealed for SBC Summit Americas start-up competition

SBC has announced the five start-ups that will battle it out for the 2026 edition of First Pitch 2026 Americas, in collaboration with BettingStartups, taking place at SBC Summit Americas. The contest will see some of the most exciting sports betting and gaming start-ups pitch their products to an esteemed panel of industry judges, with […]

JP Morgan Chase drops Entain stake to below 3% just 10 days after upping to 7%

JP Morgan Chase has dropped its stake in Entain to below 3% within two weeks of upping it to 7%.  A Notification of Major Holdings announcement this morning shows that the global banking behemoth has reduced its holdings in the Ladbrokes and Coral owner to below the required minimum threshold which triggers an announcement, which […]

KSA reminds Dutch operators of its stringent ad rules as countdown to World Cup continues

The Netherlands’ gambling authority, the Kansspelautoriteit (KSA) has warned operators that it is upping the intensity of its supervision over advertising and sports betting for this summer’s World Cup.  In a letter sent to Dutch license holders, the KSA has reminded businesses of the country’s stringent rules over advertising and sponsorships.  The authority has warned […]