Fanatics has appointed Orlando Ashford as chief people officer as the company expands into sports betting and iGaming.
Ashford brings nearly three decades of C-suite experience to the new role and will lead Fanatics’ global HR, culture and talent strategy, working closely with the company’s three distinct businesses – Commerce, Collectibles, [...]
New Jersey-headquartered online betting and gaming operator BetMGM has appointed Rhea Loney as chief compliance officer.
Loney will join the operator’s executive team and oversee BetMGM's compliance department, including online and retail operational compliance, registration and licensing, AML and financial compliance, and responsible gaming.
She joins BetMGM from Penn Interactive, the online [...]
Australian and US sports betting operator BlueBet Holdings has reported a 6 per cent increase in turnover to AUD$133.0m for the first quarter of its 2022/23 financial year.
Boosted by a 40 per cent increase in active customers to 54,920, turnover from the company’s core Australian market rose by 5.5 per [...]
New York-listed racing and gaming operator Churchill Downs Incorporated has posted a 2.5 per cent fall in net revenue to $383.1m for the third quarter of 2022, following a decline in its TwinSpires business.
Net revenue from the company’s core Live and Historical Racing segment increased by 26 per cent to [...]
Stockholm-listed Kindred Group has reported a 7 per cent fall in revenue to £277.8m in the third quarter of 2022.
The revenue total includes £8.9m in revenue from Relax Gaming and £3.8m in intercompany eliminations, with gross winnings revenue from B2C amounting to £271.9m, down from £298.4m in the third quarter [...]
Spain and Latin America-facing gaming operator Codere Group has restructured its senior management team with a number of new appointments, including a new finance chief.
Codere said that the changes were part of its commitment to reinforce the group’s capabilities, with the new senior management team to serve under the leadership [...]
New York-listed sports data provider Sportradar has agreed a new partnership to provide official NBA data to FanDuel through to the end of the 2030-31 season.
FanDuel becomes the first North American sports betting operator to sign up for Sportradar’s official NBA data following the supplier’s landmark partnership with the NBA [...]
Stockholm-listed betting and gaming operator Betsson Group grew third quarter revenue by 18 per cent to €200.3m, including organic revenue growth of 35 per cent.
The record quarterly performance was driven by an 8.2 per cent year-on-year increase in casino revenue to €135.4m and a 44.9 per cent increase in sportsbook [...]
Swedish gaming and lottery operator Svenska Spel has recorded a 1 per cent decline in third quarter net gaming revenue (NGR) to SEK1.95bn, with half of the total now generated online.
The year-on-year decline was driven by a 7 per cent drop in NGR from the company’s Sport & Casino division [...]
The latest survey data from Britain’s Gambling Commission shows that overall gambling participation rates remain below pre-pandemic levels, despite increased participation in National Lottery games and betting and gaming in retail.
The proportion of respondents participating in at least one form of gambling in the past four weeks to September 2022 [...]
Oaklawn Racing Casino Resort launched its mobile sportsbook in Arkansas in September, with all three gaming venues in the state now offer online sports betting.
Oaklawn’s mobile sportsbook is powered by Kambi and GAN, while Southland Casino Racing’s Betly-powered service launched in March, and Saracen Casino Resort’s Amelco-powered offering went live [...]
Stockholm-listed sportsbook supplier Kambi Group has reported a 78 per cent drop in net profit to €2.6m for the third quarter of 2022 amid an ongoing fall in revenue.
Third quarter revenue fell by 12 per cent year-on-year to €36.7m, which the company attributed to a quiet sporting calendar, particularly in [...]