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Connecticut betting and iGaming wagers top $1bn again in November

Connecticut’s sports betting and iGaming wagers surpassed $1bn for the third consecutive month as November wagers reached $1.07bn.

November wagers were 6 per cent below the previous month’s record total, and comprised $903.7m from iGaming, $154.5m from online sports betting, and $10.6m from retail sports betting.

Connecticut Sports Betting & iGaming Wagers: [...]

1 min read

Tennessee sports betting handle hits record high in November

Tennessee’s betting handle increased by 20 per cent in November to $439.5m, marking the highest monthly total since the opening of the market.

The record turnover combined with a margin of 10.8 per cent to give monthly gross win of $47.3m, which was up by 28 per cent to a new [...]

1 min read

DraftKings dominates Kansas sports betting market in November

The third month of Kansas’ new retail and online sports betting market saw handle fall by 2 per cent sequentially to $186.4m.

Online betting handle in November was down by 3 per cent month-on-month at $177.1m, while the retail sector’s handle was up by 13 per cent at $9.3m.

Overall gross win, [...]

1 min read

Betway named as title sponsor of inaugural South African T20 league

Super Group-owned online betting and gaming operator Betway has been unveiled as the title sponsor of SA20, a new Twenty20 franchise cricket tournament in South Africa set to take place in early 2023.

The Betway SA20 joins the operator’s cricket sponsorship portfolio that includes agreements with Cricket South Africa and Cricket [...]

2 mins read

Sweden’s gambling revenue rises 7% in third quarter

Sweden's regulated gambling market increased by 7 per cent to SEK6.77bn (€614m) in Q3 2022, according to preliminary data published by the country’s regulator.

Commercial e-gaming accounted for the majority of revenue in the third quarter, with revenue up by 10 per cent to SEK4.31bn, equivalent to 64 per cent of [...]

1 min read
Rank Group

Rank Group lowers full year profit forecast due to weak UK economy

Shares in Rank Group fell by more than 9 per cent in London Friday after the bingo and casino operator said that its trading performance for the five-month period ended 30 November had been tougher than expected across its UK venues businesses.

Like-for-like net gaming revenue (NGR) increased by 1 per [...]

1 min read

GiG appoints new platform and sportsbook chief commercial officer

Stockholm and Oslo-listed gaming supplier Gaming Innovation Group (GiG) has appointed former 888 executive Marcel Elfersy as its new chief commercial officer for platform and sportsbook.

Elfersy has a wealth of experience in the iGaming sector, including more than 12 years at 888 Holdings, where he served as vice president of [...]

2 mins read
FSB

FSB names Adam Smith as interim CEO

Sports betting and gaming technology supplier FSB has named Adam Smith as interim CEO to replace David McDowell, who steps up to the company’s board.

Smith recently joined FSB as head of delivery and will lead the company in place of co-founder McDowell, who has served as CEO for fifteen years [...]

4 mins read

XLMedia exploring sale of personal finance division

London-listed XLMedia has announced plans to exit the personal finance business in order to focus on gaming affiliate opportunities in the United States.

XLMedia said Thursday that the business is restructuring its personal finance division and exploring the potential sale of all personal finance assets, with discussions underway with a number [...]

2 mins read

Future Anthem appoints Laura Bird as finance chief

Data and AI specialist Future Anthem has appointed Laura Bird as the company's first chief financial officer.

Bird will work alongside CEO Leigh Nissim and the board in overseeing Future Anthem’s financial planning and growth.

She brings more than fifteen years’ experience in the finance sector to the role, including several years [...]

2 mins read

Inspired seals long-term retail supply deal with Paddy Power

New York-listed gaming supplier Inspired Entertainment has secured an exclusive long-term contract with Flutter Entertainment-owned bookmaker Paddy Power.

Inspired will provide Paddy Power’s 350 betting shops with fully integrated managed services across the entire UK estate of 1,400 terminals, including installation, remote and field technology support, as well as content and [...]

2 mins read

BtoBet brings in Malte Hegeler as vice president of product

NeoGames-owned sports betting supplier Btobet has strengthened its senior management team with the appointment of Malte Hegeler as vice president of product.

Hegeler brings with him over 15 years’ of experience in the sports betting industry and joins BtoBet from EveryMatrix, where he served until recently as interim CEO and head [...]

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