Kambi Group paid an initial consideration of SEK 150 million in cash to acquire the esports specialists, Abios, it was announced this week. Kambi will use this acquisition to bolster its position in the fast-growing sports betting sphere. As per the terms of the agreement, Kambi could pay an extra up to SEK 120 million […]
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DraftKings Inks Deal with SimpleBet for In-Game Sportsbook Wagers
The US tech company, Simplebet announced that it has signed a multi-year deal with sports betting and US gaming operator, DraftKings. Under the terms of the deal, the groups will launch a real-money micro-betting product across DraftKings Sportsbook. Using SimpleBet technology, players will be able to engage with their favorite sports in the minutest of […]
Tennessee Sports Betting Numbers Drop in July 2021
Sports betting revenues in Tennessee have never been so low as reported in July 2021, since the industry’s first month of operation in November 2020. Local punters were on the lookout for sports and events to bet on in a relatively quiet month on the sports calendar. But analysts aren’t worried, saying that the dip […]
Sports Betting Coming to Louisiana in Middle of Football Season
Louisiana’s gambling regulations gave the green light for emergency rules to come into play, allowing residents to start betting on football games from this season already. There were no objections to allow the state’s casinos and racetracks to file applications for sports betting licenses and for the Gaming Control Board to approve them. On Thursday […]
Betclic Signs Lucrative Deal with Portuguese Basketball Federation
Betclic becomes the latest sports betting operator to join the sponsorship portfolio of the Portuguese Basketball Federation. The French group inked the three-year deal with the federation to strengthen its brand visibility in Portugal’s ever-expanding sports wagering sphere. Under the terms of the deal, the Portuguese Basketball League will be rebranded as the Betclic League. […]
Canada to Launch Single Event Sports Betting on August 27th
The countdown begins for single-event sports betting to finally come to Canada by the end of this month. Last week, Canada’s Minister of Justice and Attorney General, David Lametti, said that C-218 will come into effect on August 27th. The bill actually received Royal Assent back in June this year, but a line in the […]
Portuguese Online Gambling Gets Boost from Sports Betting
The second quarter of 2021 was an excellent one for Portugal’s online gambling industry, thanks to a busy sports betting season. The country’s gaming authority the Servico de Regulacao Inspecao de Jogos (SRIJ), reported a staggering 81.9% jump in online gambling revenue year on year. This was clearly due to the 224.5% increase in sports […]
LVision expands A1-driven BetBooster’s coverage to six sports
LVision is pleased to announce that table tennis, ice hockey and baseball has been added to its BetBooster offerings resulting in an extension of its coverage to six favorite sports. The recent addition of these three sports sees LVision anticipating to surpass its vast number of monthly events and insights with the product already having […]
Bwin scores extensions with German Bundesliga clubs
Leading online gambling operator Bwin, a part of global sports betting and gaming group, Entain has signed extended deals with German Bundesliga football clubs Borussia Dortmund, Union Berlin and FC Cologne, as well as 2. Bundesliga teams FC St. Pauli and Dynamo Dresden. Each of the agreements will run for three seasons, from 2021-22 until […]
Florida sports betting compact approved by Department of the Interior
It has been revealed that the Federal Department of the Interior has approved a compact agreement that will enable sports betting in Florida through the Seminole Tribe that includes mobile sports betting across the state. The approval will see the compact allowing sports betting exclusively through the Tribe online and in its class III gaming […]