Posts From: October 2019

PGA Tour to allow on-site betting in 2020

The US PGA Tour is ready to roll the dice and unveil gambling at tournaments “from next year” to tap into new audiences, said Commissioner Jay Monahan. Gaming restrictions are...

Business News
Kindred Group posts drop in profit amid ‘challenging’ Swedish market

Kindred Group’s underlying EBITDA for the third quarter of 2019 was GBP 37.2 (55.7) million, and GBP 98.3 (144.9) million for the period January to September 2019. Profit after tax...

Business News
U.S. demand drives revenue growth at Kambi

Kambi Group this morning reported a third-quarter profit of €2.3 million. Revenue amounted to €23.0 (20.5) million for the third quarter of 2019, and €65.6 (54.5) million for the period...

Business News
theScore reports record results

theScore announced the financial results for the three and 12 months ended August 31, 2019. theScore launched its mobile sportsbook ‘theScore Bet’ in New Jersey in September after receiving regulatory approval by...

Business News
OTE and Intralot to jointly bid for online betting license

OTE and Intralot confirmed their intention to join forces for bidding for an online betting license. The Board of Directors of the Company has approved the formation of a new...

Business News
Svenska Spel online revenues up 9%

During the third quarter, the Svenska Spel Group’s operations will be further stabilized following the year-end’s major transition to a new gaming market. Svenska Spel’s digital business and customer bases continue...

Business News
Evolution Gaming Q3 revenues up 47%

Evolution Gaming has reported a 47% rise in operating revenue to EUR 94.7 million (64.3), EBITDA increased by 73% to EUR 48.5 million (28.0), corresponding to a margin of 51.2%...

Business News
Betsson posts revenue decline, and announces new sportsbook launch

Revenue for the third quarter was SEK 1,275 million, a decrease compared to the third quarter last year, which comprised positive effects from the world cup. The revenue was however...

Business News
Sky Sports racing agrees multi-year rights partnerships with the NYRA

Under two new partnership agreements, Sky Sports Racing has acquired exclusive UK and Ireland broadcast rights for all races from Woodbine, Saratoga, Aqueduct and Belmont Park Racecourses, it was announced...

Business News
50 alerts reported by the IBIA in Q3

The International Betting Integrity Association (IBIA) reported 50 cases of suspicious betting to the relevant authorities during the third quarter (Q3) of 2019, bringing the annual total so far to...

Business News