Betting

The regulatory authority granted the licence yesterday, giving the bookmaker the freedom to offer online sports betting products to consumers across Germany. Betway already has successful partnerships with many German football teams, like SV Werder Bremen, Hertha BSC and VfB Stuttgart. This deal will solidify the operator’s growing presence in Germany. Anthony Werkman, Betway CEO, […]

The announcement comes after both Shamrock Rovers and Dundalk revealed betting and gaming firms as their new sponsors, with the former signing a deal with 888 and the latter signing a deal with Bet Regal. New FAI chief executive Jonathan Hill recently said the body would not be pursuing a betting partner for the Republic

Playtech enjoyed a comfortable start to 2020 but this was quickly disrupted by the pandemic. Most of the year, the company saw retail closures which resulted in a 25% drop in revenue. In 2019 it made €1,440.5m ($1.56bn) while in 2020 this fell to €1,078.5m. Playtech’s B2B gambling saw an 11% drop, as Asia was

Expekt was acquired by Betclic in 2009 and is one of the largest players in the Swedish market. However, Expekt’s market shares have recently declined. The company still maintains a strong brand awareness among its target audience, however, and LeoVegas see this as an opportunity. Therefore, a commercial team of three people will work with

As a potential rationale for the move, the two companies believe online gaming and sports betting in the US present significant opportunities for synergy between the two companies. A statement read: “Bally’s and Gamesys believe having a combination of both proven, developed technology and land-based platforms across key US states, with global brands, existing customer

The Mayor’s election manifesto has been released and within it, Khan has said he would like to remove adverts conisdered more harmful from the tube. Khan has already banned body-shaming adverts and in 2018 he removed all ads on the Transport for London (TFL) network which showcased foods high in fat, salt and sugar. His

Joabet and Gaming1 originally partnered three years ago, though their collaboration now extends to helping kickstart the rebranding. Gaming1 will integrate its features, such as odds boosters and network tournaments. Joabet aims to establish itself as France’s leading sportsbook provider. The deal will also see Joabet offer its first deposit to drive acquisition; players can

Betsson has an option to increase its shares in Strive after the company launches in the US in the second half of 2021. It could exercise a 5% increase worth a consideration of $1m; Betsson says it will also grant to the company a convertible shareholder loan facility worth $2.5m. In a report last year,

Growth in regulated markets contributed to 76% of its revenue, as the operator successfully deployed its in-house sports betting platform. 888 reported more players across its platforms as first-time depositors (FTDs) went up by 27% and there was an 18% increase in funded active players. B2C revenue had a similar increase of 57% to $262.8m as

Net income was also up to $90m, as opposed to a $608m loss for the corresponding period in 2020, with casinos coming to a total shutdown in March 2020 due to the Covid-19 pandemic. Adjusted EBITDA was just over double year-on-year, though, reaching $336.6m during a quarter CEO Jay Snowden naturally lauded for its success.