Betting

Sportradar has reported its financial results for the second quarter of 2024. In total, the sportsbook technology company made €278.4m ($304.2m) in Q2, up 29% year-on-year, with adjusted EBITDA of €48.8m, up 22% year-on-year. Despite this, Sportradar reported a loss of €1.5m this quarter, compared to a “de minimis” profit this time last year. By […]

Listen To Article DraftKings will not move forward with the proposed gaming tax surcharge, a decision that comes just two weeks after initially planning to implement the charge in high-tax states. The company shared its reversal through a statement on Tuesday evening, citing customer feedback as the primary reason for the change in direction. DraftKings

Listen To Article LiveScore Bet has launched a new television commercial (TVC) in Ireland as part of its “Total Betting” campaign. The commercial, produced by Amigo Partnership, focuses on showcasing LiveScore Bet’s approach to sports betting. The TVC is being broadcast as part of a strategic media plan developed in collaboration with SparkFoundry. The commercial

Listen To Article Parimatch has renewed its partnership with Leicester City Football Club for the upcoming 2024/25 Premier League season. The partnership, which began in the 2020/21 season, will continue to see Parimatch serve as the Official Betting Partner of the football club, marking the fifth consecutive year of collaboration between the two entities. As

Listen To Article XLMedia has released its financial results for the six months ended 30 June 2024, which takes into account the sale of its assets in Europe and Canada.  Earlier this year, XLMedia announced that it was selling its sports betting and gaming assets to Gambling.com for a fixed consideration of $37.5m and potential

Listen To Article Dabble and OpticOdds have announced a new partnership aiming to expand in the US. The companies’ collaboration will show an integration of OpticOdds’ API and trading solutions. OpticOdds offers global odds coverage of different sports such as: football, basketball, baseball, MMA, boxing, tennis, golf, motorsports and more. Wagering opportunities with real-time updates

Key Highlights: – Revenue growth: DraftKings Inc. (Nasdaq: DKNG) announced a 26% increase in revenue for Q2 2024, reaching $1.1bn. – Profitability: The operator finally achieved quarterly profitability, declaring net income of $63.8m. – Operating loss: Despite profitability, DraftKings reported a loss from operations of $32.4m. – Share price drop: DraftKings’ shares fell roughly 4% as the market reacted to the report,

Listen To Article Sports Integrity Services (SIS) has released ps for the first six months of 2024 related to suspicious football matches from around the globe.  This report looks at tens of thousands of fixtures, pinpointing any irregularities, indicative of suspected match-fixing, surrounding both betting markets and the action on the pitch.  In total, the

Listen To Article The Premier League has appointed Genius Sports Limited as its Semi-Automated Officiating (SAOT) supplier, implementing new technology aimed at improving offside decision-making. The system, powered by Genius Sports’ AI and data platform GeniusIQ, is set to be installed in every Premier League stadium and is expected to be operational during the 2024/25

Listen To Article MGM Resorts has signed a deal with Grupo Globo to launch a BetMGM branded platform in Brazil, estimated for early 2025. This will be subject to the acquisition of the necessary licences to run a sports betting and iGaming platform in the jurisdiction. The venture will combine LeoVegas’ technology with Grupo Globo’s