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Bally's Corp

Bally’s Corporation acquires UX specialist Degree 53

New York-listed gaming operator Bally's Corporation has acquired UK-based front-end development agency Degree 53 for an undisclosed amount.

The acquisition of the user experience (UX) design and software development specialist will enable Bally’s to enhance its omni-channel offering, providing key functionality to integrate Gamesys' player account management and iGaming solution, in [...]

3 mins read
Kambi

Kambi profits as third quarter revenue grows 48%

Stockholm-listed sports betting technology provider Kambi has recorded an 80 per cent increase in revenue to €127.5m for the first nine months of 2021, eclipsing its 2020 total.

The supplier enjoyed a productive third quarter as revenue rose 48 per cent year-on-year to €41.6m, despite operator turnover declining by 14 per [...]

1 min read
Kindred

Kindred Group grows third quarter revenue despite sportsbook decline

Stockholm-listed betting and gaming operator Kindred Group has reported a 6 per cent increase in gross winnings revenue to £298.4m in the third quarter of 2021, with growth in casino and games offsetting a decline in sports betting.

Sports betting revenue fell by 4 per cent compared to a very strong [...]

1 min read

Problem gambling in Britain continues to decline

Efforts to promote safer gambling in Great Britain appearing to be paying off, with the latest research from the Gambling Commission showing a 50 per cent year-on-year decline in the overall problem gambling rate.

In the twelve-month period ended 30 September 2021, the overall problem gambling rate stood at 0.3 per [...]

1 min read

Sportradar extends International Tennis Federation partnership

Sports data provider Sportradar has secured a three-year extension to its agreement with the International Tennis Federation (ITF) to serve as the ITF’s Official Data Partner. 

The extension enables the Federation to deliver a number of important projects, including the development of technology infrastructure to further enhance integrity protection at World Tennis Tour events.

The partnership with Sportradar will continue to invest significantly into accreditation, control systems and personnel to safeguard the integrity [...]

3 mins read

Connecticut Lottery unveils first of 15 retail sportsbooks

The Connecticut Lottery has teamed up with Rush Street Interactive and Sportech to launch in-person sports betting at the first of fifteen PlaySugarHouse retail sportsbooks in Connecticut.

The first retail sportsbook opened at Sports Haven in New Haven, followed by retail sportsbooks at Bobby V's Restaurant & Sports Bar locations in [...]

3 mins read

Betway named official partner of Philadelphia 76ers

Sports betting operator Betway has been named as an official partner of the NBA's Philadelphia 76ers.

The multi-year agreement gives Betway brand visibility throughout the Wells Fargo Centre during 76ers home games, including on team bench aprons, court-side LEDs and basket stanchion LEDS, and on TV-visible signage alongside the scorers’ table.

The [...]

2 mins read
Entain

DraftKings drops bid to acquire Entain

New York-listed betting and gaming operator DraftKings will not pursue its bid to acquire Entain.

The companies had been in talks since September, when DraftKings proposed to acquire Entain for more than $20bn.

The proposed acquisition immediately sparked concern among executives at MGM Resorts International, which operates the successful BetMGM online brand [...]

2 mins read
New Hampshire

New Hampshire sports betting market hits record high in September

New Hampshire’s regulated sports betting market set a new monthly record in September as total handle surpassed $68.1m.

Total handle generated by the New Hampshire Lottery and its exclusive sports betting partner DraftKings increased by 64 per cent compared to the same period last year.

Online sports wagers grew by 38 per [...]

1 min read

Sportsbook drives growth for Betsson in Q3

Stockholm-listed betting and gaming operator Betsson has reported a 3 per cent increase in revenue to SEK1.73bn (€173.6m) for the third quarter of 2021.

The year-on-year growth against a strong comparable period last year was driven by a 24 per cent increase in sportsbook revenue to SEK435.7m, of which 81 per [...]

1 min read

Lithuania blacklists more than 200 online gambling domains

Lithuania’s gambling regulator has urged operators to abide by the country’s gaming legislation after having to blacklist more than 200 internet domains so far this year.

Online gambling is only legal in Lithuania when provided by locally licensed operators, with current online licenses tied to land-based gaming venues, although this is [...]

1 min read
Betsson

New Betsson board elects to retain Pontus Lindwall

Betsson chief executive Pontus Lindwall will continue to lead the company in his current role following recent changes to the board of directors.

The board of Betsson announced in September that Lindwall would be stepping down from his role, having completed the company’s “Back on Track” programme, although Betsson chairman Patrick [...]

2 mins read
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