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Sports News

La Française des Jeux (FDJ)

Sports betting and online gaming drive FDJ’s first half growth

French lottery, betting and gaming operator La Française des Jeux (FDJ) has posted solid results for the first half of 2023, with revenue up 6 per cent at €1.29 billion.

Stakes from retail points of sales increased by 3 per cent to €9.16 billion during the half-year period, driven by growth [...]

1 min read

10bet unveiled as shirt sponsor of South Africa’s Lamontville Golden Arrows

10bet is continuing to expand its presence in South Africa after agreeing a new shirt sponsorship deal with Premier Soccer League team Lamontville Golden Arrows FC.

The new deal will see 10bet’s logo feature on the front of the club’s main and reserve team shirts for the next three seasons.

“Golden Arrows [...]

2 mins read
PointsBet

PointsBet full year net win grows 26% to $391.1 million

Sydney-listed sports betting operator PointsBet has reported a 26 per cent increase in net win to AUD$391.1 million for the financial year ended 30 June, benefiting from a strong performance in the final quarter.

Fourth quarter net win rose 19 per cent year-year to $102.3 million, including a 35 per cent [...]

1 min read

Digitain hires Margarita Cruz as senior sales director  

Sportsbook and casino platform provider Digitain has strengthened its sales team with the appointment of Margarita Cruz as senior sales director. 

Cruz brings with her over 20 years of experience in sales and commercial roles across continental Europe, Latin America and North America, with her previous roles including commercial director for [...]

2 mins read

BetDEX secures sportsbook licence in Ireland

Betting Exchange operator BetDEX Exchange has secured its second operating licence after receiving a remote betting intermediary licence in Ireland.

The licence from the Irish Revenue Commissioners enables the BetDEX Exchange to offer all forms of online sports betting in Ireland, and follows its approval in the Isle of Man late [...]

2 mins read

AdmiralBet sponsors German football club SV 07 Elversberg

Novo Interactive’s sports betting brand AdmiralBet has agreed a sponsorship deal with German football club SV 07 Elversberg.

AdmiralBet will become the new shirt sponsor of the recently promoted 2. Bundesliga club for the 2023/24 season, and gain brand exposure at the club’s Ursapharm-Arena stadium and across the club’s digital media.

“SV [...]

2 mins read

Kansas sports handle falls below $100 million in June

Sports wagers in Kansas fell to $98.1 million in June, which was the state’s lowest monthly total since the opening of the market in September 2022.

Online sports wagers amounted to $94.9 million in the month, whilst retail wagers were $3.2 million. Both sectors recorded their lowest monthly performances in June.

Total [...]

1 min read
XLMedia

XLMedia’s first half revenue falls 34% to $29.4 million

London-listed iGaming affiliate XLMedia has reported a 34 per cent drop in revenue to US$29.4 million for the first half of 2023.

The company said that the H1 performance reflected the “timing, number and scale of new state launches in the United States”, with operator marketing activity around the launch of [...]

1 min read
Churchill Downs

Record second quarter for Churchill Downs Incorporated

Churchill Downs Incorporated (CDI) has posted record results for the second quarter of 2023 as net revenue increased by 32 per cent to $768.5 million.

The strong Q2 growth was driven by a record performance from CDI’s Live and Historical Racing segment, where revenue increased 48 per cent to $408.0 million.

The [...]

1 min read
PlayUp

PlayUp fined in Australia over self-exclusion failure

PlayUp has been fined by the Northern Territory Racing Commission (NTRC) in Australia after a self-excluded player was allowed to open a new account and resume gambling.

The NTRC, which licenses a host of online betting operators in Australia, has ruled that PlayUp Interactive contravened condition 15 of its sports bookmaker [...]

1 min read
BlueBet

BlueBet shares climb on strong Q4 performance

Australian and US sports betting operator BlueBet Holdings has recorded a 1 per cent drop in net win to AUD$54.0 million in its financial year ended 30 June, despite strong growth during the final quarter of the year.

Turnover in the company's fourth quarter rose by 7 per cent year-on-year to [...]

1 min read

EBET considers sale as Board initiates strategic review

Nasdaq-listed online sports betting and casino operator EBET has initiated a review of strategic alternatives to maximize the value of its portfolio of iGaming brands.

The company’s Board has designated a Strategic Alternatives Committee to assist in considering a full range of options, including a potential merger, sale or other strategic [...]

1 min read
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