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DraftKings reports revenue of $466m and net loss of $217m for Q2

The company’s B2C segment also grew to $455m, a 68% increase year-on-year. This comes amid something the operator claims was a less favourable sports calendar in Q2 2022 compared to Q2 2021.   Owing to its growth, DraftKings says it has outperformed the midpoints of its Q2 guidance ranges. As such, the operator will increase […]

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NetBet joins FeedConstruct “family of partners”

This move will expand the latter’s European reach, while the former will also reap certain benefits. By joining the FeedConstruct “family,” NetBet can make use of the company’s BetGuard product. This is a trading and risk management solution designed to minimise betting operator’s exposure and financial losses, thus ensuring higher profitability. BetGuard offers real-time bet

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Light & Wonder gets creative with appointment of new CPCO

Chief People Capability Officer, though? That’s probably a new one. Yet there will be a new hire with exactly that job title at Light & Wonder, following the appointment of Roxane Lukas. Lukas is said to bring over 25 years of combined experience in the ‘People Leader’ field, focusing on the areas of organisational and

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BetMassachusetts survey suggests Bay Staters mixed on whether they will wager

According to a survey from BetMassachusetts.com, 41% of residents are “likely” or “very likely” to wager on sports. However, 37% of residents said they are “unlikely” or “very unlikely” to do so. What’s more, 71% of Bay State residents do not currently bet on sports, while 69% said they have never travelled beyond Massachusetts to

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Sportradar records 13% adjusted EBITDA drop for Q2 amid rising costs

The second quarter saw Sportradar generate €177.2m ($180m), an over €30m rise when compared to the prior-year period. However, rising costs offset the provider’s profitability. For Q2, Sportradar’s adjusted EBITDA contracted, shrinking from €31.6m to €27.6m – a 13% fall. Sportradar also recorded a diminished adjusted EBITDA margin, which shrank from 22% to 16%. The

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Operator theScore Bet to debut greenside viewing experience at CP Women’s Open

When the Canadian female golf tournament returns on 25 August, the operator will introduce the Greenside Lounge, a viewing experience available to theScore Bet players. Guests will be shuttled across the course to one of the reserved seating areas, where they will be offered a view of either the 11th, 13th or 14th greens. It

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World Pool sees 38% growth at Ebor Festival

William Derby, Chief Executive of York Racecourse, commented: “After what has been another world-class Ebor Festival, we are delighted to see such significant interest and growth in World Pool over all the three racedays at York Racecourse. “The combination of top-quality racing action, including the victory of the highest, rated racehorse in the world in

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Cricketer Eoin Morgan becomes global brand ambassador for Fairplay

The 35-year-old sportsman, who captained England to victory during 2019’s ICC Cricket World Cup, has inked a multi-year partnership that will see him participate in several marketing initiatives. Not only will Morgan appear in Fairplay’s international campaigns, but he will also take part in social media giveaways. “I’m delighted to be joining up with Fairplay

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