Listen To Article The Directorate-General for the Regulation of Gambling (DGOJ) has published a motion for a final resolution regarding the applications for funding, with 26 successful projects selected. The 26 projects will share €1.3m ($1.4m) in funding between them, with each of them receiving between €8,000 and €140,000. These have been submitted by a […]
Listen To Article While Sandro Tonali has admitted to and will be serving a 10-month ban for gambling during his time playing for Milan, but new investigations by the FA are underway concerning whether the player was also involved with a betting breach during his time at Newcastle. Tonali, 23, has been banned globally from
Tonali suspected of gambling whilst playing for Newcastle in new investigation Read More »
Listen To Article The US-based fund management group, Dodge & Cox, has doubled its stake in Entain after the operator released its Q3 2023 results. As reported, Entain revealed that its net gaming revenue (NGR) increased by 7% and that it had an 18% market share in jurisdictions where it operates, with the sole exception
Dodge & Cox double shareholding stake in Entain to 10% following Q3 results Read More »
Listen To Article Flutter Entertainment has released its Q3 2023 results, where the operator has seen overall positive growth. However, Flutter stocks dropped 9%, at the time of writing, after the release of its Q3 report, currently sitting at £124.70. As noted, total revenue was up 13% from Q3 2022, with gaming revenue having
Flutter: Australia in decline despite £2bn in Q3 revenue Read More »
Listen To Article Paysafe has reported that its revenue increased by 8% to $396.4m, or when judged on a constant currency basis, it grew 5%. When analysed by specific divisions, the merchant solutions aspect of Paysafe contributed $216.8m to the company’s revenue, an increase of 6% when compared year-on-year. As for digital wallets, this vertical
Paysafe Q3: Revenue up 8% year-on-year Read More »
Listen To Article Image courtesy of Edward Whitaker, Racing Post. Stacey Carnell from Ladbrokes has emerged as the ‘Betting Shop Manager of the Year’ at the Betting Shop Manager of the Year competition. The recognition was presented to Carnell by former England and Yorkshire cricketer Ryan Sidebottom at Lord’s Cricket Ground on Monday night. Selected
Ladbrokes’ Stacey Carnell earns ‘Betting Shop Manager of the Year’ title Read More »
Listen To Article After notifying the Kambi Group Nomination Committee, Lars Stugemo has decided to step down from his position as Chair of the Board of Directors, with Anders Ström appointed to take on the role. A co-founder of Kambi Group, Stugemo held his position for close to a decade, however chose to step down
Anders Ström appointed Kambi Group Chair of the Board Read More »
Listen To Article Euroleague Basketball has announced an extended partnership with operator OlyBet. Building on a collaboration during the 2023 Turkish Airlines EuroLeague Final Four in Kaunas, Lithuania, this extended agreement will grant OlyBet prominent visibility during EuroLeague and EuroCup games, featuring the brand across various Euroleague Basketball platforms. Moreover, OlyBet will serve as the
OlyBet extends partnership as Euroleague Basketball’s Premium Partner until 2025 Read More »
Affiliate Catena Media has concluded its strategic review by finalising the sale of its Italian casino and sports betting assets for €19.8m ($21.6m). This review, initiated in May 2022, marks a strategic shift towards concentrating on regulated markets primarily in the Americas. The completed divestments are projected to yield approximately €76m in total proceeds, This
Catena Media divests €19.8m in Italian assets and completes strategic review Read More »
Listen To Article Aligning with global sports organisations and under the guidance of FIFA and CONMEBOL, the CBF has initiated a range of measures to combat match-fixing, culminating in the establishment of the groundbreaking Integrity Unit. President Rodrigues emphasised the global threat posed by the surge in online sports betting, stating: “The development of sports
Eduardo Gussem assumes role of CBF Integrity Officer Read More »
