Search
Close this search box.

Betting

Better Collective acquires UK site for £2.2m

The betting comparison site, formed in 2015, generated revenue of £400,000 last year, with EBITDA of £300,000. Better Collective expects the site will double this revenue for 2019. In an attempt to expand within the market, Better Collective established a UK office earlier this year. Jesper Søgard, Better Collective CEO, said: “We are excited about […]

Better Collective acquires UK site for £2.2m Read More »

Philip Bowcock to step down as William Hill CEO

The operator said this change was part of its succession planning and consistent with its strategy of becoming a digitally led and internationally diverse gambling company. Ulrik Bengtsson, previously William Hill’s Chief Digital Officer, has been appointed CEO and a company director with immediate effect. Bengtsson joined William Hill in April 2018 and was previously

Philip Bowcock to step down as William Hill CEO Read More »

888 share price dips, as UK revenue grows but profit declines

The operator’s share price dipped considerably when its financial results were first published, from £1.67 ($2.06) to £1.53, although it later recovered marginally to around £1.57. Like-for-like revenue was up 7% for 888, with B2C revenue growing 6% to $262.5m and casino revenue up 9% to $175.4m. Sportsbook revenue also increased 19% to $44.5m, with

888 share price dips, as UK revenue grows but profit declines Read More »

EveryMatrix signs with compliance start-up following license suspension

EveryMatrix said this agreement is part of its efforts to “radically improve operational compliance” and bring about a lifting of the suspension.   The Gambling Commission instigated its review following an examination of EveryMatrix’s customer interaction framework. During the review, EveryMatrix is not able to offer any real event betting or remote casinos. The suspension

EveryMatrix signs with compliance start-up following license suspension Read More »

GambleAware football fan survey shows gambling concerns

The survey of more than 1,200 supporters found 88% of fans believe it is easier than ever to get drawn into making impulsive bets. Only 13% of participants agreed they would be happy for their club to be sponsored by a gambling company, with respondents particularly critical of individual player sponsorships, such as Wayne Rooney’s

GambleAware football fan survey shows gambling concerns Read More »

H1 revenue drops 10% at XLMedia amid shifting regulatory headwinds

Gross profit also declined for the digital marketing service provider, falling 9% to $28.8m. Operating expenses rose 6% to $15m, while adjusted EBITDA dropped 14% to $19m. Profit before tax was $14m for the six months ending 30 June, down 22%. Regulatory updates in the Swedish, German, UK and Swiss markets created new challenges in

H1 revenue drops 10% at XLMedia amid shifting regulatory headwinds Read More »

GAN launches Parx Casino’s New Jersey online operations

This is the second state in which the Greenwood Gaming and Entertainment-owned casino operates online gambling, following its launch in Pennsylvania of online sports betting and casino on 24 June and 15 July, respectively.   The official launch follows a three-day soft opening period, which began on 4 October. Dermot Smurfit, CEO at GAN, said:

GAN launches Parx Casino’s New Jersey online operations Read More »

Gambling, tobacco and alcohol companies not allowed to sponsor London Stadium

Betway, which currently sponsors West Ham United’s shirt, will not be able to also become the stadium’s first-ever sponsor. The operator signed a six-year shirt sponsorship deal with West Ham during the summer, worth around £10m ($12.6m) a year. Vodafone pulled out of a £20m six-year naming rights deal in 2017 and the stadium has

Gambling, tobacco and alcohol companies not allowed to sponsor London Stadium Read More »

DraftKings tops bidding for New Hampshire sports betting

In an RFP document released by New Hampshire’s Lottery Commission, DraftKings outscored all other bidders, only losing out to Intralot in the lottery channel. If it is ultimately awarded the role of sole mobile operator in New Hampshire, DraftKings would share 51% of mobile sports betting revenue with the state. Roar Digital, the joint venture

DraftKings tops bidding for New Hampshire sports betting Read More »