Business
February 11, 2021
Gaming Realms Raises 2020 Forecast, Expects Continued Growth In 2021
Gaming Realms has dramatically raised its FY 2020 performance forecast and expects continued growth and expansion in 2021. Gaming Realms Expects Revenue Jump for 2020 Gaming Realms expects a dramatic 62% full-year revenue jump to £11.2 million ($13.58 million) for 2020. Furthermore, the company predicts that its full-year EBITDA will reach £3.1 million ($3.76 million). […]
Industry
February 11, 2021
LeoVegas Reports Revenue Up 8.9% to €387.5M in 2020
The online betting operator had a record fourth quarter that pushed comprehensive profit in 2020 by 103.2% to reach €19.3 million. LeoVegas Reports Growth Despite Pandemic and Changing Market Regulations For the 12 months ending 31 December 2020, LeoVegas posted overall revenue of €387.5 million (£340 million/$469.8 million), an 8.9% increase from €356.0 million in […]
Blockchain
February 11, 2021
MasterCard Set to Get on the Cryptocurrency Bandwagon in 2021
MasterCard’s almost billion users worldwide will be able to use digital cryptocurrencies for payment to 30 million sellers. The company believes this may introduce new options for both merchants and customers and build trust with customers already using cryptocurrencies. The giant announced it wants to give its users more options and to enable them to […]
Blockchain
February 11, 2021
Dogecoin Price Surge Drives Technological Development
In just a month, interest in DOGE has soared, pushing its market cap to $9 billion and eliciting a stronger response from developers. Crypto Enthusiasts Are in Puppy Love with DOGE Dogecoin never set out with quite the lofty aspirations of the blockchain it was forked out of on December 6, 2013. Rather, Jackson Palmer […]
Business
February 11, 2021
Entain Extends Acceptance Period of Enlabs Purchase
Facing internal shareholder disagreements, Enlabs will have until March 18, 2021 to decide whether it wants to accept a SEK 2.8 billion acquisition offer from Entain. Entain Extends Acceptance Period for Enlabs Acquisition Entain Plc’s attempt to acquire Enlabs AB, one of the world’s foremost gambling groups, is experiencing a few potholes on the road […]
Sports
February 11, 2021
Marathonbet Signs Deal with GIG for Their Automated Compliance Tool
As the iGaming industry is weighed down by more and more regulations, companies strive to regain control over their compliance and scramble to find ways to decrease issues. Marathonbet Recruits GIG’s Marketing Compliance Tool Marathonbet joins the list of companies to strike a deal with Gaming Innovation Group (GiG) to use their GiG Comply tool. […]
Industry
February 10, 2021
Suspicious Reports in 2020 in Line with 2017 and 2018 Numbers
The International Betting Integrity Association (IBIA) released its 2020 Integrity Report posting a significant increase in suspicious betting behavior compared to the prior year. Suspicious Reports Increase YoY The annual report from IBIA showed a total of 270 suspicious betting alerts, 87 more compared to the 2019 number, representing a 48% increase, but almost equal […]
Business
February 10, 2021
Sportradar to Empower Forza Football Marketing Efforts through ‘Ad:s’
Sportradar will utilize its unrivaled marketing service solution for bookmakers, as it partners up with Forza Football to manage its advertising on the live score app. Sportradar to Boost Forza Football’s Advertising Solution and Content Offering with Ad:s Global supplier of data for sports betting services, Sportradar, signed an agreement with Forza Football to manage […]
Business
February 10, 2021
US Expansion Drives Kambi’s 2020 Revenue Up by 28%
Betting solutions provider Kambi Group had a record 2020 with revenue increasing from €92.3 million to €117.7 million YoY due to the ongoing expansion in the US market adding market-first launches in Michigan, Illinois and Colorado. Both Q42020 and Year to Date Figures Are on the Rise Betting solutions provider Kambi Group saw its total […]
Business
February 10, 2021
Evolution Posts Record Growth, Game-Show Segment on Focus in 2021
In the latest earnings update, Evolution CEO Martin Carlesund has revealed the numbers for both Q4 2020 and the entire year, touting strong online growth across the company. Evolution Posts Strong Q4 and 2020 Year Evolution has delivered its annual financial report, covering the results of the fourth quarter and citing overall growth throughout 2020, […]