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Sports betting drives increase in British gross gambling yield in December

Britain’s Gambling Commission has released new data showing the impact of Covid-19 lockdown measures on online gambling behaviour in December 2020.

With retail gambling venues closed during the month of December, online gambling gross gaming yield (GGY) climbed by 30 per cent versus the previous month, driven by strong operator margins [...]

1 min read
ATG

Record year for Sweden’s ATG as revenue hits SEK6.3bn

Swedish betting and gaming operator AB Trav och Galopp (ATG) has posted record results for 2020 as total revenue increased by 19 per cent to SEK6.3bn.

The operator enjoyed strong performances across its racing, gaming and sports betting segments, with the number of active and registered customers in Sweden climbing 8 [...]

1 min read

MansionBet partners ARC in exclusive greyhound sponsorship deal

Gibraltar-based online sports betting operator MansionBet has extended its partnership with Arena Racing Company (ARC) to include exclusive sponsorship of more than 800 greyhound meetings across the UK this year.

The deal will see the MansionBet brand displayed across all four ARC greyhound tracks at Newcastle, Sunderland, Perry Bar and [...]

2 mins read
Tabcorp

Tabcorp in talks to sell struggling Wagering and Media business

Shares in Tabcorp Holdings closed more than 8 per cent higher in Sydney Tuesday after the Australian gambling giant confirmed that it has received a number of offers for its Wagering and Media business.

The unsolicited offers are described as confidential, indicative, non-binding and subject to numerous conditions including due diligence, [...]

1 min read
PointsBet

PointsBet benefits from US sports betting growth

Sydney-listed sports betting operator PointsBet has seen net win soar by 148 per cent to AUD$44.6m in its fiscal second quarter ended 31 December.

The operator recorded a 303 per cent increase in turnover from its Australian and US sports betting businesses to $1.20bn during the period, with turnover in Australia [...]

1 min read
Sportech

Sportech extends Tote services deal with Danske Spil

London-listed sports betting technology supplier Sportech has extended its technology licensing and services agreement with Denmark’s state-owned gaming operator Danske Licens Spil.

The new multi-year agreement will see Sportech Racing and Digital continue to provide Danske Spil with its pari-mutuel betting solution, Quantum System Tote.

In addition, Sportech will provide enhanced operational [...]

2 mins read
Kambi

Kambi secures Australian sportsbook supply deal

Stockholm-listed Kambi Group has signed a long-term agreement to provide its retail and online sports betting technology to Racing and Wagering Western Australia (RWWA).

The partnership will see RWWA leverage Kambi's technology to upgrade its current sportsbook offering across its 320 retail outlets, as well as its online brand TABtouch.

The Kambi [...]

2 mins read
GambleAware

GambleAware appoints Zoë Osmond as next chief executive

Britain’s problem gambling prevention charity GambleAware has named Zoë Osmond as its next chief executive.

Osmond will take over as CEO at the end of March, replacing Marc Etches, who announced he would be stepping down from the role last August.

Osmond has served as communications and engagement director at GambleAware for [...]

3 mins read
William Hill

William Hill net revenue declines 16% to £1.32bn in 2020

London-listed betting and gaming operator William Hill has reported a 16 per cent fall in group net revenue to £1.32bn for the full 2020 year, despite recording growth during the final quarter of the year.

Net revenue in the fourth quarter rose 9 per cent year-on-year, as sportsbook net revenue increased [...]

1 min read
New Jersey

PlayUp signs market access deal to enter New Jersey

Australian sports betting and fantasy sports operator PlayUp has signed a market access deal to enter New Jersey’s sports betting market in partnership with Freehold Raceway.

PlayUp has agreed a multi-year deal with FR Park Racing, the sports betting licence holder and operator of Freehold Raceway, which is jointly owned by [...]

2 mins read

MansionBet renews UK horse racing sponsorships for 2021

Gibraltar-based online sports betting operator MansionBet has renewed its partnership with Arena Racing Company (ARC) and Jockey Club Racecourses (JCR) to continue its support of British racing into 2021.

The agreement comprises over 360 races across 60 fixtures at racecourses including Market Rasen, Huntingdon, Doncaster and Ffos Las, while MansionBet will [...]

3 mins read

Gaming shares prove resilient in 2020

In a year of unprecedented turmoil and uncertainty, the gambling industry provided a boon to shareholders as the 50 publicly-listed operators and suppliers which make up the Gaming Intelligence Stock Index saw their combined share prices increase by more than 61 per cent.

While it was a tumultuous start to the [...]

1 min read
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