Digital sports media group Better Collective has shared its third-quarter report. For the period ended September 30, the business delivered year-over-year revenue growth of 32%, amounting to €60 million ($62 million), with organic revenue growth of 23%. Out of the total revenue, about 45% came in during a busy September, reflecting the impact of seasonality in Q3. EBITDA before special items was at €15 million ($15.5 million), growing by 7% YOY, and with a margin of 24%. The company also had new depositing customers reach about 354,000, implying growth of 73% YOY. Financial targets are maintained despite “a larger estimated…
Author: OnlineGamblingDaily
The Michigan Gaming Control Board announced Thursday the state’s commercial and tribal operators reported combined total gross receipts and gross sports betting receipts of $190.2 million for October, which shows an increase of 7.7% compared to September results of $176.5 million. Internet gaming gross receipts for October set a Michigan record of $141 million. The previous internet monthly record of $132.4 million was set in April 2022. Internet gaming rose 9.5% compared to the previous month. Meanwhile, gross sports betting receipts were $49.2 million, showing a 2.9% increase in contrast with September’s $478 million. Combined total adjusted internet gaming and…
The Virginia Lottery Board has unanimously approved Rivers Casino Portsmouth’s operator license. It is the second one issued in the state, as the first one was awarded in April to Bristol’s Hard Rock Hotel and Casino, which opened as a temporary property in July. The $300 million project is slated to become fully operational by early 2023. The casino will have 1,448 slots, 57 table games, 24 poker tables, five restaurants/bars and banquet and event space. Rivers Casino Portsmouth rendering (interior). Virginia Lottery Executive Director Kelly T. Gee said in a statement that the lottery’s gaming compliance department and legal…
France’s national lottery and gaming operator La Française des Jeux (FDJ) announced Friday it has signed an agreement to acquire the ZEturf group, which operates online horse-racing betting as well as online sports betting under the ZEbet brand. Stéphane Pallez, Chairwoman and CEO of FDJ Group, spoke about this new deal and expressed her delight to have signed the agreement, as ZEturf group is “a key player in online horse-racing betting.” “With this transaction and the launch of our poker range, which together strengthen our growth prospects, FDJ is optimally positioned to become a major player in the French market…
International Game Technology (IGT) announced Thursday that its subsidiary IGT Canada Solutions has signed a five-year contract extension with Loto-Québec to deliver an enhanced version of its INTELLIGEN video lottery central system software and related components. The extension will run through September 2027. Under the terms of the extension, IGT will upgrade Loto-Québec’s video lottery central system to the latest version of INTELLIGEN, which includes improved network diagnostics and data analytics. IGT will also be providing operational support for the INTELLIGEN system from their European Operational Center. In addition to the INTELLIGEN central system, IGT also provides Loto-Québec with VLTs…
As reported by local news, SJM Holdings’ Grand Lisboa Palace (GLP)’s president Paul Baker has stepped down from his post, after a four-year stint. His exit comes among recent high-profile exits from the city’s gaming operators amid the industry reshuffle and the lasting impact of the pandemic. For the time being, it remains unclear who is currently overseeing the operations of the resort. In a statement, SJM has said the resignation of Baker, who worked for 11 years for Caesar Entertainment Corporation, will have “no impact” on the company’s operation. The gaming operator further clarified that the resignations of some…
Native American-owned sportsbook provider and operator Native Sportsbook Solutions announced Wednesday it has selected Quarter4, an AI-powered sports betting data engagement platform, to propel its goal of delivering solutions for sportsbooks. Co-founder of Native Sportsbook Solutions Thomas Gilanyi said in a press release that the company believes that engagement and retention “are key drivers for sportsbook success.” “The interaction between users and the betting opportunities need to be unique and curated to prompt action. Quarter4 delivers some of the most unique and automated content and data solutions for our platform,” he stated. Quarter4 generates content and curated data via a…
Multi-Michelin-starred chef and television personality Gordon Ramsay has made his “flavorful mark” in Las Vegas with Caesars Entertainment for the sixth time. Ramsay’s Kitchen, a concept inspired by Chef Ramsay’s travels abroad, made its official debut at Harrah’s Las Vegas on Wednesday, Nov. 16. The new facility will be open daily from 11 a.m. to 11 p.m. in the former Oyster Bar space. .@GordonRamsay has made his flavorful mark in Las Vegas for the sixth time. #RamsaysKitchen, a concept inspired by Chef Ramsay’s travels abroad, made its official debut at @HarrahVegas on Wednesday, Nov. 16: https://t.co/kUs8Yz6EEP pic.twitter.com/mihOwEmp7A — Caesars Entertainment (@CaesarsEnt)…
Austin-based fan engagement company Colorcast has launched a new sports betting platform and officially rebranded as Outlier, the firm announced Thursday. The platform has been launched as a web app, with a native iOS application to be released in the coming months. Describing the platform, the company said that Outlier is “a first-of-its-kind sports betting platform where bettors can place smarter sports bets efficiently and confidently.” The platform allows users to leverage historic performance stats, analyze relevant trends and insights, track line movement, compare odds across the major sportsbooks, and seamlessly execute their picks on FanDuel, DraftKings, BetMGM, or Caesars “in…
Over 20 million American adults plan to bet on World Cup games, with a total of $1.8 billion expected to be on the line for the tournament, according to the American Gaming Association’s inaugural survey on World Cup wagering. The survey also found the majority of World Cup bettors say it is important for them to place their bets legally. Unlike other major events like the Super Bowl and March Madness that have significant casual betting components, including bracket or squares contests, the vast majority of people to bet on World Cup games plan to place traditional bets either online,…
Sports betting services provider Kambi Group was chosen as the Platform Provider of the Year at Gambling.com’s 2022 edition of the American Gambling Awards. Launched for the 2021-2022 NFL season, Kambi’s innovative Bet Builder gives its partners a parlay product that is “ahead of the competition” in key areas such as multi-game capability and paybacks, Gambling.com explained in a press release. “Kambi has established itself as the leading independent provider of premium sports betting technology and services to the regulated United States betting and gaming industry,” the company noted. “Kambi has a track record of proven excellence in online and on-property sportsbook provision…
Global gaming provider International Game Technology announced Tuesday that its Wheel Of Fortune slots minted two millionaires during October. Slots players that collected the million-dollar prizes last month were located in Wisconsin and California. On October 18, a Wheel of Fortune slots player won $1,443,089 playing Wheel of Fortune Pink Diamond at Potawatomi Hotel & Casino in Milwaukee, Wisconsin. A week later on October 27, another Wheel of Fortune slots player won $1,137,500 playing Wheel of Fortune Double Diamond at Chukchansi Gold Resort & Casino in Coarsegold, California. $1,137,500.60 on a $10 bet!! 🤯 This loyal Chukchansi Rewards Member hit the…
iGaming content supplier Play’n GO announced Thursday it has launched a new “action-sports thriller” slot called USA Flip. The title encourages players to “grab a helmet, kick-start your engine, and go for the gold.” The game features iconic US themes and visuals. “Stare down a steep hill inside a sold-out stadium as Flip, a stunt-biking bald eagle, gets ready to take flight and steal the spotlight. Help Flip turn the most difficult tricks and take home eternal glory, sharing the winner’s circle afterward – and the prize money that comes with it,” the company described. In USA Flip, players will “feel…
The American Gaming Association (AGA)’s Have a Game Plan. Bet Responsibly. campaign has won the 2022 “Responsible Gaming Award” at the 2022 edition of the American Gambling Awards. The awards are produced by player acquisition services provider Gambling.com Group. The AGA launched the Have a Game Plan campaign to educate Americans on responsible sports betting with the growth of the legal U.S. market. The campaign convenes the sports betting ecosystem including operators, leagues, teams, and media around a common message to advance responsible gaming. Launched in 2019, Have A Game Plan features more than 30 partners who have brought responsible…
Entain’s sports betting platform bwin announced Thursday its launch in Zambia, marked by a ceremony held at Radisson Blu Hotel. This is the first African country in which the brand operates, which had also explored a potential launch in Keny. bwin’s Africa Chief Marketing Officer Spencer Okach, spoke at the launch ceremony, stating the company is “thrilled” to enter the Zambian market, as it has “one of the most highly regarded regulatory environments on the African continent.” “It was an obvious destination for our first launch in Africa given its stable economic and regulatory framework, which provides a great platform…
Seminole Hard Rock Hotel & Casino Tampa has donated a sum of $750,000 to a total of 75 Tampa Bay charities. During a reception at the Gold Elvis Piano, the group donated $10,000 to each charity as it celebrated National Philanthropy Day. Steve Bonner, President of Seminole Hard Rock Tampa, said: “The Seminole Tribe of Florida and Seminole Hard Rock Tampa take pride in their ongoing support of the Tampa Bay community. To that end, as we spotlight National Philanthropy Day, we wanted to honor 75 charities that do such critical and important work for so many people. But, more…