Kindred reduces harmful gambling revenue share to 3.3% in Q3, boosting financial outcomes
The percentage for the period from 23 June to 20 September was the lowest since Kindred in February began publishing the share of revenue derived from harmful gambling as part…
Sportradar partners with Adomni for innovative marketing data agreement
Sportradar and Adomni have formed a strategic partnership to revolutionize digital advertising in the tech-innovation industry.Exciting partnership between Sportradar and Adomni, driving tech innovation in the sports advertising industry. This…
Fosun Sports expands into esports with acquisition of Foyo esports assets and new investment
Terms of the acquisition were not disclosed, but it was confirmed that Fosun Sports will take ownership of Foyo’s core operating assets and management team across games, esports, and sports.…
NSW Authority’s Review of The Star Licence: Public Hearings and Legal Compliance Updates
The upcoming hearings are part of a comprehensive review conducted by Adam Bell SC under the ILGA's appointment. This review, initiated four weeks ago, aims to assess The Star's adherence…
Tabcorp’s Revenue Surges to $5.68 Billion Ahead of Demerger, Implications for Lottery
The revenue from the soon-to-be-demerged Lotteries and Keno business reached $3.20bn, with a 10% year-on-year increase. This significant profit result was driven by successful game changes, effective marketing strategies, and…
IBIA reports significant increase in suspicious betting alerts during third quarter, showcasing commitment to social responsibility
During the three months leading up to September, a total of 65 alerts were recorded, a decrease from 76 alerts in the same period last year. However, this still reflects…
Record-Breaking $1.0bn Sports Betting Handle Set by New Jersey in September
In September, the total sports-betting revenue in New Jersey soared to $453.6m, demonstrating a substantial growth of 40.3% compared to the corresponding month in the previous year.The sports betting market…
YGAM Commences Search for New CEO as Willows Announces Departure
Finance director Helen Martin will become the chief operating officer of YGAM, taking on additional responsibilities until a new chief executive is appointed.Lee Willows, who has served as YGAM’s chief…
Strategic Acquisition: Entain’s Successful Acquisition of Unikrn Esports Assets
Financial terms of the deal between Entain and Unikrn, announced in August, have not been disclosed. However, this agreement will enable Entain to launch new esports products in 2022. Unikrn's…
888 Reports 7% Increase in Q3 Revenue in Regulated Markets
In a trading update, 888 reported that total revenue for the three months ending on September 30 amounted to £229.9m (€271.7m/$316.7m), representing a 7% increase from the same period last…