Location: +Europe
FanDuel to enter prediction markets in December
Flutter Entertainment used its third-quarter earnings call to roll out FanDuel Predicts, its vehicle for competing in the event-contracts... more
India ban drives Flutter Entertainment loss
Despite adverse sporting outcomes, which management acknowledged in an 11 November earnings call, FanDuel parent Flutter Entertainment grew... more
Intralot appoints Bally’s chief Robeson Reeves group CEO, revamps board
Intralot appointed Robeson Reeves as its new CEO during a meeting of its board of directors last week. Reeves will succeed Nikolaos... more
Banijay-Tipico deal: Is disciplined execution in tough markets the new jackpot for Europe’s gaming giants?
When Banijay Group announced on 28 October that it would acquire a majority stake in Tipico, Germany’s sports-betting leader, the news drew... more
Entain refinances €800m to boost portfolio profitability
Entain Plc has unveiled plans to launch a bond offering that will place an equivalent of €800m [$924m] of corporate notes for the purpose... more
Clarion Gaming and Gn Media launch strategic trade-show partnership
Clarion Gaming and Gn Media on Friday announced a strategic partnership to deliver a long-term program of support between ICE Barcelona and... more
Kambi revenue down 13.1% in Q3
Sports betting technology provider Kambi has revealed that revenue fell by 13.1% to €37.4 million (US$42.9 million) in the third quarter of... more
Genius Sports adjusts full-year guidance to reflect Q3 gains
Whilst Genius Sports finished on a strong footing in Q3, it did not go without some financial drawbacks to deal with by the end of the... more
Sportradar sees gains in revenue, cash flow in third quarter
Revenues for Sportradar grew 14.5% in the third quarter, reaching €292.1 million (US$335 million), in results released on 5 November.... more
Sportradar increases guidance, share repurchases
Reflective of a third quarter in which all major metrics were higher, Sportradar began its earnings call Wednesday with the announcement... more
