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Sports News

New York Racing Association acquires stake in CDI’s United Tote

New York-listed gaming operator Churchill Downs Incorporated (CDI) has agreed to sell a 49 per cent stake in its United Tote business to a subsidiary of the New York Racing Association (NYRA).

The stake is being acquired by NYRA Content Management Solutions, with the transaction subject to customary closing conditions, including [...]

1 min read

Betr agrees new sports betting partnership in Ohio

Newly established sports betting operator Betr has secured a ten-year agreement to serve as a mobile sports betting partner of New York-listed Hall of Fame Resort & Entertainment Company (HOFV).

As part of the agreement, HOFV has gained a limited equity interest in Betr, with the partnership incorporating opportunities for cross-marketing, [...]

1 min read
Flutter Entertainment

Flutter Entertainment shares soar as first half revenue climbs to £3.39bn

London-listed betting and gaming operator Flutter Entertainment has reported an 11 per cent increase in revenue to £3.39bn for the first half of 2022, of which more than £1bn was generated in the United States.

Benefiting from a 14 per cent increase in recreational customers to 8,716,000, first half revenue from [...]

1 min read
Rushbet

RSI launches RushBet partnership with LaLiga in South America

Rush Street Interactive (RSI) has unveiled a new South America wagering partnership with Spain's La Liga, ahead of the start of the new Spanish football season today.

RSI's RushBet sportsbook brand will serve as LaLiga's partner across the continent for the next three seasons, giving the operator access to intellectual property [...]

2 mins read
888 Holdings

888 Holdings’ profit falls 65% in first half of 2022

888 Holdings has reported a 13 per cent fall in revenue to £332.1m for the first half of the year, driven by lower revenue in the United Kingdom.

888’s largest geographic market generated 25 per cent less revenue than a year ago at £120.8 in the first half of 2022, accounting [...]

1 min read

Future Anthem expands board and names new chief product officer

London-based AI and game data specialist Future Anthem has appointed Julie Haddon as a board member and Ian Tibot as chief product officer.

Haddon brings brings a wealth of experience to the board, having most recently served as senior vice president of global brand and consumer marketing at the National Football [...]

3 mins read
Gambling Commission

British regulator fines Smarkets for AML and social responsibility failings

Malta-headquartered betting exchange operator Smarkets has become the latest operator to be fined by Britain’s Gambling Commission for anti-money laundering and social responsibility failings.

The operator will pay a financial penalty of £630,000 after an investigation by the Gambling Commission revealed a series of failings. They included customers being allowed to [...]

3 mins read
Gaming Innovation Group

GiG expands in Latin America with Grupo Boldt

Gaming Innovation Group has extended its existing relationship with Grupo Boldt to include two new regulated regions.

After three previous entries into LATAM markets in 2020 and 2021, GiG is powering the launch of Boldt's Bplay brand in Buenos Aires, providing both its player account management platform and sportsbook solution. 

A fifth [...]

2 mins read
Betway

Sportsbook growth fails to offset Q2 revenue decline for Super Group

New York-listed betting and gaming operator Super Group has reported a 10 per cent fall in revenue to €320.8m for the second quarter of 2022, despite seeing growth in sports betting from its Betway brand.

The year-on-year decline was driven by a 12 per cent decline in online casino revenue to [...]

1 min read

Massachusetts sports betting bill signed into law

Massachusetts is nearing the launch of regulated sports betting after Governor Charlie Baker signed legislation into law Wednesday.

The signing of the bill brings an end to a four-year process and follows last week's approval of House Bill 5164 by Massachusetts lawmakers.

“Our administration first filed legislation to legalize sports wagering in [...]

1 min read
LeoVegas

Record sports betting performance drives LeoVegas’ Q2 growth

Stockholm-listed betting and gaming operator LeoVegas has posted a 1 per cent increase in second quarter revenue to €98.0m, with results boosted by a record performance in Sweden and the launch in Ontario.

Total deposits were up by 5 per cent year-on-year at €319.6m during the quarter, generating net gaming revenue [...]

1 min read
NeoGames

Aspire Global boosts NeoGames revenue in second quarter

New York-listed lottery and gaming supplier NeoGames has reported a 46 per cent increase in revenue and share of NeoPollard Interactive (NPI) revenue to $31.3m in the second quarter, buoyed by the first contributions from newly acquired Aspire Global.

Consolidated revenue increased by 64 per cent compared to the same period [...]

1 min read
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