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GiG banks on the power of two
March 22, 2023

GiG banks on the power of two

Bookiecity

Richard Brown’s tenure as Gaming Innovation Group (GiG) chief executive began with a major change of direction, with the sale of its B2C assets to Betsson. Almost four years on, and with business booming for the B2B supplier, he’s poised to make another huge call with plans to split the business into media and platform suppliers.

When he was confirmed as permanent CEO of Gaming Innovation Group (GiG) in November 2019, Richard Brown pledged a focus “on delivery, execution and optimisation, putting us on a path for great focus and renewed growth”.

The business reported revenue of €43.0m for 2019, at a time it encompassed B2C operations; a platform business, and affiliate marketing operations under the GiG Media banner. Brown then divested the B2C operations to Betsson early in 2020.

This, he’s explained previously, created a focused business, with staff putting all efforts into the B2B platform and media operations.

In 2022, Brown’s third full year as GiG CEO, revenue hit €90.1m, ..

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How crypto could be embedded in online betting
January 25, 2023

How crypto could be embedded in online betting

Bookiecity

Tom Waterhouse of WaterhouseVC revisits the subject of crypto wagering, and whether it could be central to next-gen sportsbook platforms.

In May, we discussed the significant opportunity in crypto betting, which is growing gross gaming revenue (GGR) at 36.6% per annum.

Online crypto operators have a similar user experience to online fiat operators. The likes of Stake.com and Sportsbet.io already record extraordinary turnover.

White label platform solutions for crypto betting operators are leveraged to the growth of crypto wagering as a whole. This means they are not exposed to the operational and regulatory risk of a single crypto wagering business.

Global crypto wagering data for total bets and GGR. Source: Softswiss.

Existing wagering platforms

Many fiat operators rely on white label sportsbook and igaming platform solutions, such as Kambi, OpenBet and SBTech.

A selection of white label sportsbook and iGaming platforms built for fiat operators. Source: Waterhouse VC.

Howev..

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Genius Sports enters NFL data and betting deal with TSN+
January 20, 2023

Genius Sports enters NFL data and betting deal with TSN+

Bookiecity

Genius Sports has entered into a partnership with Canadian sports channel The Sports Network (TSN), wherein Genius will supply TSN’s streaming platform TSN+ with its proprietary data feed for NFL games.

Under the terms of the agreement, Genius will deliver its real-time overlays to TSN+ which will include graphics and visualisations as well as its Next Gen Stats (NGS) data.

Since April 2021, the sports data business has been the official data partner of the league – an agreement which was expanded to include streaming options for US operators in November 2022.

Read the full story on IGB North America

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FSB enters Slovakian market with Hungary’s Szerencsejáték Zrt
February 10, 2022

FSB enters Slovakian market with Hungary’s Szerencsejáték Zrt

Bookiecity

Sports betting and igaming service provider FSB is to power SZRT Slovakia’s betRing sportsbook, marking the Hungarian national lottery’s first foray into a new market.

The multi-year agreement will see FSB power SZRT Slovakia’s betRing.sk sportsbook. SZRT Slovakia is powered by the Hungarian state lottery Szerencsejáték Zrt (SZRT), its first move outside its local market.

FSB said it views the deal as an opportunity to prove it can deliver a leading product to other state lotteries looking to enter new markets. The company recently appointed Chris Graham as a new lead for B2B global marketing.

“We’re delighted to team up with SZRT Slovakia in this exciting multi-year agreement to become their trusted technology partner,” FSB chief executive David McDowell said. “Winning the highly competitive, multi-vendor tender process for this opportunity is a great testament to our agile tech and growing industry profile.
“It has been extremely gratifying to see the talented and highly motivate..

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Stats Perform secures IBIA accreditation for second consecutive year
January 24, 2022

Stats Perform secures IBIA accreditation for second consecutive year

Bookiecity

Sports data and AI technology provider Stats Perform has renewed its accreditation to the International Betting Integrity Association’s (IBIA) Data Standards.

Following an independent audit from the eCommerce and Online Gaming Regulation and Assurance (eCOGRA), Stats Perform was able to renew its accreditation for the collection and distribution of sports event data for betting.

IBIA accreditation kite mark

Stats Perform became the first sports data supplier to receive the accreditation back in January 2021, after committing to the watchdog’s best practice standards in late 2020.

“Having been a consistent advocate for the highest standards of integrity and quality in sports data, Stats Perform was proud to become the first company to champion and receive the accreditation,” Stats Perform chief betting officer Andrew Ashenden commented.

“To successfully renew the accreditation is testament to the ongoing quality and integrity efforts of our sports data operations teams.”

IBIA fi..

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