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Super Group (SGHC)
has told of its "best year in business" while publishing its Q4 and full-year 2024 results. The
Betway Group
and #Spin owner has reported group revenues of €1.7bn, up 21% on FY2023. The year ended with SG recording peak revenues of €500m, 40% up from Q4 in 2023. CEO Neal Menashe said: "The company made phenomenal progress in 2024, and we are proud of our strong finish to the year and the record-setting performance across the business. In December, we declared a special dividend, bringing our total 2024 shareholder returns to over $125 million. We believe that Super Group is in an excellent position to build on last year’s success, and we look forward to another year of solid growth.”
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FanDuel
has moved to force arbitration in a high-profile legal case filed by Amit Patel, an ex-Jacksonville Jaguars worker convicted of embezzling more than $20m from the sports side. Patel, who was jailed last March, wanted $250m in damages after accusing the operator and its affiliates of knowingly enabling his gambling addiction. FanDuel says Patel agreed to binding arbitration when he signed up to use its DFS platform. It said: "With nothing but time in federal prison to dream up unsupported conspiracy theories, Patel has now filed an amended complaint premised largely on the wild and unsubstantial assertion that FanDuel knew that Patel was stealing from his employer. Even if these outlandish claims were true, Patel is nevertheless not entitled to sue FanDuel in this court at all."
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Betsson Group
has launched in Brazil after getting its gaming licence from the country's regulator. President and CEO Pontus Lindwall said: "We welcome the introduction of a local regulatory framework in Brazil and are pleased to have obtained a license. This step aligns with our strategy to grow via geographical expansion, and we look forward to offering Brazilian customers a secure and high-quality gaming experience."?
- Horse racing's future is in trouble unless the sport makes significant changes, the
British Horseracing Authority
said as it responded to a number of suggestions from Dan Skelton, who called for "big, bold changes". Acting CEO Brant Dunshea said: "I agree with Dan that the sport needs decisive action. And, in fairness, this has been recognised by all of the sport's leaders."
- The British Horseracing Authorityand
Great British Racing
are launching a new campaign to promote HorsePWR, an industry-led initiative aimed at increasing public engagement with British horse racing and reinforcing confidence in the sport’s welfare standards. The BHA's head of communications Robin Mounsey said: "This campaign marks a significant moment for British racing. For the first time in recent memory, the sport is making a major investment in promoting its welfare message directly to the wider public. It is a demonstration of our confidence in the high standards of welfare within British racing and our commitment to ensuring that the public is better informed about them.”
- Two weeks before the #CheltenhamFestival, the ground is soft but conditions could quicken - with no substantial rain forecast. Course clerk Jon Pullin said: "We had just over 20mm of rain over the weekend and if we were racing on Tuesday you'd be calling it soft ground all over on the Old and New courses. On the cross-country course you'd be calling it soft, heavy in places. Forecast-wise, a couple of frosts are expected this week and then it looks like fairly settled conditions for next week with no extremes of weather. Next week looks mainly dry, with just some showers on the odd day. We should also get back up to double-digit daytime temperatures."
