Sports News

Ohio issues guidance on sports betting licensing

The Ohio Casino Control Commission is advising sports betting license applicants to submit employee license applications and operational plans within the next six weeks, with additional Type C gaming hosts also encouraged to apply for licensure.

The Commission has released updated guidance on the employee licensing process and advises all interested [...]

1 min read

Sportradar begins search for new CFO as Gersh departs

New York-listed sports data and technology supplier Sportradar is searching for a new finance chief after confirming the departure of Alex Gersh.

Gersh has served as chief financial officer since July 2020 and has now decided to leave the company to accept another position in the United States.

“I appreciate Alex’s many [...]

1 min read

Pennsylvania posts iGaming and sports betting growth in July

Pennsylvania’s licensed betting and gaming operators recorded a 1 per cent increase in revenue from all forms of gaming to $429.1m in July.

The year-on-year growth was driven by an 11 per cent increase in iGaming revenue and a 28 per cent rise in sports betting revenue, which offset declines across [...]

1 min read

Sportradar raises full year guidance as Q2 revenue grows 23%

New York-listed Sportradar Group has reported a 23 per cent increase in revenue to €177.2m for the second quarter of 2022, buoyed by strong growth in the United States.

The company recorded growth across all business segments during the second quarter of the year, with revenue from the RoW Betting segment [...]

1 min read
Barstool Sportsbook Ameristar

PENN Entertainment to take full ownership of Barstool Sports

New York-listed racing and gaming operator PENN Entertainment has exercised its right to acquire all of the remaining shares in Barstool Sports.

PENN Entertainment (previously Penn National Gaming) had acquired a 36 per cent stake in the business in February 2020 for $161.2m, including call rights with respect to all of [...]

1 min read

New Jersey gambling market grows in July despite sports betting decline

New Jersey’s betting and gaming market grew by 7 per cent in July as revenue from casinos, racetracks and their partners reached $480.7m.

While sports betting revenue declined again, falling 18 per cent year-on-year to $45.0m in July, this was offset by an 8 per cent increase in land-based casino win [...]

1 min read
Casino Secret

Casino Secret new Online Gaming Partner of AS Monaco in Japan

Malta-licensed iGaming operator Casino Secret has clinched a multi-year partnership with French Ligue 1 football club AS Monaco.

Casino Secret will serve as the club's Official Online Gaming Partner in Japan, where AS Monaco has risen in popularity with the arrival of Japanese international Takumi Minamino.

The operator has been named AS [...]

3 mins read

Raketech acquisitions drive Q2 revenue growth

Stockholm-listed gaming affiliate Raketech has reported a 28.6 per cent increase in revenue to €11.3m for the second quarter of 2022, with growth driven entirely by acquisitions.

The company said that its core portfolio of affiliation marketing assets delivered solid results during the period, despite challenging market conditions and a 4 [...]

1 min read

Entain agrees record £17m settlement for AML and social responsibility failings

London-listed Entain has agreed a £17m regulatory settlement with Britain’s Gambling Commission for social responsibility and anti-money laundering failures.

The gaming operator has also had additional conditions attached to its operating licence to ensure that a member of the board oversees an improvement plan, and that a third-party audit the business [...]

1 min read

Americas drive Genius Sports’ growth as Q2 revenue climbs to $71.1m

New York-listed sports data and technology provider Genius Sports has beaten its guidance for the second consecutive quarter as group revenue increased by 27 per cent to $71.1m in Q2 2022.

Revenue in Q2 exceeded the company's previous guidance of $68.0m, with revenue climbing 42 per cent year-on-year on a constant [...]

1 min read
Gaming Innovation Group

Gaming Innovation Group boosted by Sportnco acquisition in Q2

Stockholm-listed gaming supplier Gaming Innovation Group (GiG) has reported record results for the second quarter of 2022 as revenue increased by 37 per cent to €22.1m.

Benefiting from the recent acquisition of Sportnco, revenue from Platform and Sportsbook climbed 43 per cent to €7.3m in Q2, with seven new clients signed [...]

1 min read

Gauselmann Group resumes XTiP operations in Bremen

Gauselmann Group’s XTiP brand has reopened its retail betting outlets in Bremen, Germany after securing approval from the Bremen Ministry of Interior.

As first reported by Gaming Intelligence, retail betting outlets in Bremen were ordered to close at the start of August after the Bremen Ministry of Interior said that all [...]

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