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Record Q4 takes Genius Sports full year revenue to $262.7m

New York-listed sports data and technology provider Genius Sports has reported a 75.5 per cent increase in group revenue to $262.7m for 2021, although significantly higher costs pushed the company to a loss of $592.8m for the year.

The strong revenue growth was driven by a record performance in the final [...]

1 min read
888 Holdings

888 profits as full year revenue nears $1bn mark

London-listed betting and gaming operator 888 Holdings has reported a 15 per cent increase in revenue to a record US$980.1m in 2021, benefiting from strong growth from its gaming products.

The year-on-year revenue growth was driven by double-digit B2C growth in most of the operator’s core and growth markets, with regulated [...]

1 min read

Match-fixing an increasing threat as global sports betting turnover surpasses €1.45 trillion for the first time

Sportradar Integrity Services has revealed the detection of a record number of suspicious matches in its annual ‘Betting Corruption and Match-fixing’ report. 

Sportradar’s bet-monitoring service, the Universal Fraud Detection System (UFDS), identified 903 matches in 2021 which showed signs of suspicious activity, across 10 sports and in 76 countries. 

This represents the [...]

4 mins read

SIS appoints Julian Wheeler as new chief technology officer

Live betting services provider Sports Information Services (SIS) has appointed Julian Wheeler as chief technology officer (CTO). 

Wheeler has over 20 years' experience in broadcasting through various roles at Sky New Zealand, which included five years as chief technology and product officer. He has also held senior positions at BT, where [...]

1 min read
Flutter Entertainment

Flutter Entertainment widens loss despite strong revenue growth in 2021

London-listed betting and gaming operator Flutter Entertainment has reported group revenue of £6.04bn for 2021, with strong growth in sports offsetting flat gaming revenue.

Flutter’s full year revenue increased by 37 per cent year-on-year on a reported basis, with the company benefiting from a full year’s contribution from The Stars Group [...]

1 min read

EveryMatrix posts 23% revenue growth in 2021

Malta-based iGaming technology provider EveryMatrix grew full year revenue by 23 per cent to €86.7m in 2021, generating EBITDA for the year of €19.7m.

Buoyed by the launch of new client brands, the supplier saw Q4 revenue increase by a third to €23.9m, despite the negative impact of regulatory changes in [...]

1 min read
Betway

Super Group exceeds forecast as 2021 revenue grows to $1.52bn

New York-listed betting and gaming operator Super Group has reported a 36 per cent increase in net gaming revenue (NGR) to $1.52bn in 2021.

In its preliminary results for the full year, Super Group said that NGR exceeded its most recent forecasts, reflecting growth in existing and new markets, helping to [...]

1 min read

Access Industries backs DAZN with $4.3bn recapitalization

Digital sports media specialist DAZN Group has secured new financing arrangements with its principal shareholder Access Industries.

The recapitalization has seen Access subscribe for $4.3bn in new shares of the group’s topco, DAZN Group, converting existing preference shares and retiring shareholder loans.

Access has additionally subscribed for a further $250m of new [...]

1 min read
Aspire Global

Aspire Global posts strong revenue growth as it transitions to pure B2B focus

Stockholm-listed gaming supplier Aspire Global has reported a 24 per cent increase in fourth quarter revenue to €41.12m, with full year revenue 33 per cent higher at €158.32m.

The reported pro-forma results treat the B2C business as discontinued operations following the sale of the division on 1 December 2021, with those [...]

1 min read
Betway

Super Group to begin trading on NYSE Friday Jan. 28

Online betting and gaming operator Super Group will begin trading on the New York Stock Exchange on Friday (Jan. 28) after its business combination with Sports Entertainment Acquisition Corporation (SEAH) secured shareholder Wednesday.

SEAH’s shareholders voted to approve the proposed business combination with Betway parent Super Group, with 34,579,356 voting in [...]

1 min read
IBIA

236 suspicious betting alerts reported by IBIA in 2021

The latest annual report from the International Betting Integrity Association (IBIA) reveals that there were 236 reported cases of suspicious betting activity in 2021, with football at a record high of 66 alerts. 

The annual figure marks a 13% reduction on the 270 cases reported in 2020 and cover 13 [...]

3 mins read
Betway

Genius Sports expands Betway partnership

New York-listed Genius Sports has expanded its long-term sports data and trading partnership with Super Group-owned operator Betway.

The new official data, live streaming and fan engagement partnership will help power Betway’s sportsbook in the US and includes Genius’ LiveData and LiveTrading solutions, providing real-time data and pin-point pricing for the [...]

2 mins read
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