Africa News

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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

African operator Allbet goes online with BtoBet

Namibian betting and gaming operator Allbet has expanded its operations online through its existing partnership with platform provider BtoBet.

BtoBet will supply its Neuron sports betting technology to launch Allbet’s new online offering, having powered the operator’s retail network since last October.

“We anticipate further collaboration with Allbet as we assist them [...]

2 mins read
The Stars Group

Online poker and casino deliver record Q1 revenue for The Stars Group

The Stars Group (TSG) said Friday that it expects first quarter revenue to be 27 per cent higher than Q1 2019 as strong growth in gaming revenue offsets a decline in sports betting.

Total revenue in Q1 2020 is expected to amount to US$735m compared to $580m a year ago, with [...]

1 min read

COVID-19 crisis hits gaming investors hard

The first quarter of 2020 has not gone according to anyone's plan, to state the obvious. Markets and businesses across the globe have experienced unprecedented disruption and the chaos was hard felt by gaming operators and suppliers alike.

After seeing their combined share prices increase by 45 per cent in 2019, [...]

1 min read

SBTech enters South African market with Bet.co.za

Sports betting technology provider SBTech has entered the South African market for the first time through a deal with leading online sports betting operator Bet.co.za.

Bet.co.za has migrated to SBTech’s sportsbook and iGaming platform, with the integration including new content from BetGames.TV, enabling South African players to bet on live lottery [...]

2 mins read

GI Games Round-up: Golden Rock Studios, Yggdrasil and more

This week has seen new games released by the likes of Golden Rock Studios, Green Jade Games, FunFair Technologies, Evoplay Entertainment, Pragmatic Play, Blueprint Gaming and Yggdrasil.

Golden Rock Studios’ Roulette x2

Golden Rock Studios has released its latest table game, Roulette x2, which awards players with double pay-outs for free.

The feature works [...]

12 mins read

Global Lottery Monitoring System brings in new head of legal

Global Lottery Monitoring System (GLMS), the monitoring system used by state lotteries to combat sports betting-related corruption, has appointed Cassandra Matilde Fernandes as its new legal and projects manager.

Fernandes, who begins her new role on 1 April and will be based in Lausanne, joins GLMS from the Council of Europe where she was [...]

2 mins read

Everton FC terminates Sportpesa sponsorship deal

English Premier League football club Everton has confirmed that it will terminate its lucrative shirt sponsorship deal with Kenyan betting operator Sportpesa at the end of the current season.

Currently in the middle of the five-year agreement signed in May 2017, the deal was the most lucrative in the Premier League club’s 140-year [...]

1 min read
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