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South America News

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

Formula 1 aims to resume at Austrian Grand Prix in July

Formula 1 could be among the first sports to resume, albeit without spectators, as organisers work to get back to racing in the first week of July.

Formula 1 management had hoped to resume racing at the French Grand Prix in late June, however, that race has now been confirmed as [...]

3 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

BtoBet enters Venezuela with Camanbet deal

iGaming platform provider BtoBet has expanded its white label partnership program in Latin America through a new deal with Venezuelan bookmaker Camanbet.

The agreement will see BtoBet supply its Neuron technology platform across Camanbet’s online and retail betting network.

“I am positive that BtoBet’s technologies will help Camanbet reach its set goals [...]

2 mins read
Kambi

US sports betting expansion drives Kambi growth in Q1

Stockholm-listed sports betting technology supplier Kambi has reported a 33 per cent increase in revenue for the first quarter of 2020, despite a 70 per cent fall in trading in the final weeks of the quarter due to the cancellation of sports in response to the COVID-19 pandemic.

Kambi’s operator partners [...]

1 min read

GI Games Integrations: Hacksaw Gaming, LiveG24, Booming Games and more

This week has seen a host of platform integrations involving the likes of Hacksaw Gaming, Tom Horn Gaming, Salsa Technology, Red Rake Gaming, LiveG24 and Booming Games, among others.

Hacksaw Gaming / Betpoint Group

Hacksaw Gaming has agreed a new deal to provide its content to Betpoint Group brands including 21.com and [...]

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
NetEnt

NetEnt enters Colombia with Rush Street Interactive

Stockholm-listed casino games provider NetEnt has entered Colombia’s regulated iGaming market through a new deal with Rush Street Interactive’s RushBet.co.

NetEnt has launched a range of its table games with the operator, including Blackjack and two versions of Roulette, with plans to release a wider selection of its slot games throughout [...]

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

1XBET approved to launch online sports betting in Mexico

Online gaming operator 1XBET has secured an online sports betting licence in Mexico’s regulated iGaming market.

1XBET was granted licence approval by the country’s Dirección General de Juegos y Sorteos de la Secretaría de Gobernación (SEGOB), with players in Mexico able to place bets on a variety of sports via 1XBET.com.mx.

1XBET becomes [...]

2 mins read
Sportradar Virtual Baseball

Opinion: Sportradar brings new realism to virtual sports

At ICE last month we spoke to Sportradar’s Frank Wenzig, Managing Director of Gaming. He talked to us about the latest addition to their virtual sports betting offering and the importance of creating a lifelike sports betting alternative within their gaming solutions.  

What is the benefit of having Virtual Sports as part of a [...]

5 mins read
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