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Intralot

US growth fails to offset first quarter revenue decline for Intralot

Athens-listed gaming supplier and operator Intralot has reported a 47 per cent drop in revenue to €102.0m for the first quarter of 2020.

Intralot’s systems handled €3.7bn of worldwide wagers during the quarter, an increase of 6 per cent versus a year ago, benefiting from strong growth in Eastern Europe as [...]

4 mins read

BtoBet enters Tanzania with WinPrincess partnership

iGaming platform provider BtoBet has expanded its footprint in Africa through a new deal with Tanzanian land-based casino operator Princess International.

The agreement will see BtoBet power a new online platform for the casino operator under the WinPrincess brand, including a new sports betting product.

“Like any other company we need to [...]

1 min read
Malta Gaming Authority

Malta Gaming Authority survey looks at impact of COVID-19

A survey conducted by the Malta Gaming Authority shows that both B2B and B2C gaming licensees expect lower revenue this year due to the impact of COVID-19.

The 64 B2B suppliers who participated in the MGA survey said that revenue is forecast to be 20 per cent lower than previous budget [...]

2 mins read
Football

IBIA speaks out in favour of global sports data standards

The International Betting Integrity Association (IBIA) has called for an industry-wide debate about global sports data standards.

The IBIA said that all parties engaged in the supply of sports event data for betting should adhere to global best practice standards, after data supplier Stats Perform called for the industry be regulated [...]

4 mins read

Stats Perform leads call for regulation of data suppliers

Stats Perform has said the data supply industry should be regulated by an independent body, with Genius Sports Group and Sportradar generally supportive of attempts to increase standards.

The issue has risen to a head during the COVID-19 lockdown period, as data suppliers looked to fill empty sportsbooks with a range [...]

4 mins read

South Africa’s Phumelela files for bankruptcy protection as COVID-19 bites

South African racecourse owner and betting operator Phumelela Gaming and Leisure is seeking to implement a business rescue plan to ensure the long-term survival of the company and horse racing in South Africa.

Phumelela said that it has experienced adverse economic and trading conditions for some time, which has been exacerbated [...]

1 min read
Aspire Global

Aspire Global benefits from Pariplay contribution in Q1

Stockholm-listed gaming operator and supplier Aspire Global has reported a marginal increase in first quarter net revenue to €32.6m, buoyed by the recently acquired Pariplay business.

The Pariplay acquisition, which closed in October, helped B2B revenue in the first quarter of 2020 to climb 16.4 per cent to €22.7m, offsetting a [...]

1 min read
Intralot

Intralot sees full year revenue drop to €720.6m in 2019

Athens-listed gaming and lottery supplier Intralot has reported an 8 per cent drop in full year revenue to €720.6m for 2019.

Intralot’s systems handled €18.3bn of worldwide wagers during the year, an increase of 21 per cent compared to the previous year, with North American wagers climbing 51 per cent to [...]

1 min read

Golden Race agrees virtual sports deals with Betway and Singular

Malta-based supplier Golden Race has agreed deals to roll out its range of virtual products to Betway in Africa and to integrate its products onto Singular’s platform.

Golden Race’s virtual portfolio will be made available across Africa through Betway brand licensee Headsquare.

“Betway is a world-class company in the online sports betting [...]

2 mins read

Intralot initiates strategic review as COVID-19 hits revenue

Gaming and lottery supplier Intralot has initiated a strategic review as it predicts that the COVID-19 crisis could negatively impact group EBITDA by up to €30m this year.

Intralot said that since early March, revenue has been impacted by lockdowns, store closures and the lack of sports betting content, with total [...]

1 min read

Playtech improves compliance measures with Jumio integration

London-listed gaming operator and supplier Playtech has integrated Jumio’s ID and document verification solutions onto its platform.

Jumio’s verification solution enables Playtech’s operator partners to establish the identity of their remote players by verifying government-issued identity documents in real-time.

“Jumio is the kind of landmark partner in the compliance space that will [...]

2 mins read

South Africa’s Phumelela warns of Racing job losses

South African racecourse owner and betting operator Phumelela Gaming and Leisure has warned that up to 40,000 jobs could be at risk if the country’s horse racing industry is unable to return to action in early May.

The South African horse racing industry has been unable to stage race meetings since [...]

1 min read
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