SBC Weekly Digest 01/11

SBC Weekly Digest 01/11

Good week for...

UK BETTING

The Betting and Gaming Council has welcomed the Labour government’s new budget due to the absence of any increase in gaming tax.

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ONTARIO

The latest quarterly report from iGaming Ontario shows that the provincial gambling sector’s growth is showing no signs of slowing down.

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Bad week for...

FRENCH IGAMING

France’s government has shelved proposed amendments to its 2025 budget that would have progressed the regulation of a French online casino market.

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CAESARS ENTERTAINMENT

Caesars Entertainment fell short of expectations during Q3 2024, with revenue dropping from $3bn the year prior to $2.8bn and failing to meet Wall Street predictions of $2.9bn.

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QUOTE OF THE WEEK

“We’re really excited about the gaming space in general. Again, our approach is all about innovation and disruption, so we’re trying to create different angles that allow it to become a more exciting product.”

Speaking at SPORTEL Monaco, the Managing Director - International of the Professional Fighters League, James Frewin, told Insider Sport about the promotion’s openness to working with betting.

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NUMBERS GAME

2

The Brazilian Ministry of Finance has signed two key agreements with Sportradar and the IBIA to enhance sports betting integrity across the country.

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$3.2m

Q3 2024 proved to be a tricky one for MGM Resorts, with its BetMGM brand recording a sharp decline in operating income from $12.6m last year to $3.2m.?

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10%

The UK Gambling Commission revealed that the country’s gross gaming yield rose 10% year-over-year in Q2 2024, though it did decline from the preceding quarter.?

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30%

Publishing its financial report covering the final quarter of 2024, Lottomatica has revealed that it is now holding 30% of the Italian online gambling market.??

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VIDEO OF THE WEEK

GR8 Tech’s Chief Business Development Officer, Yevhen Krazhan, provided an overview of the company’s international activity from Europe to Africa to the Americas.


Recommended Reading

Payment Expert takes a deep dive into the Labour government’s first budget, assessing the impact the increase in tax could have on businesses and examining the fintech and payments sectors’ response.

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?Insider Sport explored how Matthew Disley, Commercial Director at Sutton United, plans to maximise revenue ahead of the club's FA Cup match against Birmingham City.

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?4H Agency and SBC News put the magnifying glass close to the lengthy list of new regulatory changes in the Czech Republic and what they mean for the local market.?

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?George Merodoulakis, Campeón Gaming’s CCO outlined the group’s strategy of offering “customisation, localisation and then personalisation” for players.

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SBC NOTICIAS

En el primer día de conferencias de SBC Summit Latinoamérica 2024, el panel “Preparación para el Mundial 2026: qué aprendimos de la Copa América 2024”, abordó las nuevas tendencias que arrojó la industria en los últimos a?os.

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Altenar, Betsson Group, Evolution, Kaizen Gaming y OKTO estuvieron entre las marcas que celebraron victorias notables en la ceremonia de los SBC Awards Latinoamérica que se llevó a cabo anoche.

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