Sports Betting
In-play NFL betting boosts Genius’ Q3 figures
Genius Sports has reported third-quarter net income of $13m (€12.3m) and an 18-per-cent revenue jump, buoyed by in-play NFL betting and following lucrative contract renewals with sportsbook clients.
IMG Arena still for sale after Emanuel-led MBO
Endeavor chief executive Ari Emanuel has led a management buyout of betting and sports data businesses OpenBet and IMG Arena for $450m (€424m), but the latter remains for sale.
Sportradar nets €37m profit despite rights uplift
Sportradar overcame a €14m ($18m) jump in third-quarter financing costs on the back of new rights deals with the ATP Tour, Bundesliga and NBA to report profit of €37m in the third quarter.
Pull of Olympics drives Endeavor Q3 revenues
Hospitality sales related to the Paris 2024 Olympics helped boost revenues at Endeavor, where sports were the biggest driver of growth across the group in an otherwise mixed third quarter.
EXCLUSIVE: Stats Perform seeks abrupt end to Serie A deal
Stats Perform is attempting to suddenly withdraw from its agreement for betting rights to Italy's Serie A, shocking staff on both sides of the deal.
Volleyball World ‘ready to go D2C’ in core TV market
Volleyball World maintains that it is prepared to turn to its OTT platform VBTV in a major broadcast market as it continues rights negotiations in three Asian markets plus Italy.
Content Arena platform to facilitate direct betting video deals
Content Arena, the online platform for sports media rights trading, has created a marketplace for rights-holders and bookmakers to sign betting video rights deals directly.
Infront nets suite of Dutch football betting rights
Infront Bettor is selling betting video rights to the top two tiers of Dutch football after striking a deal for the Eerste Divisie to add to its acquisition of rights to the top-tier Eredivisie
EXCLUSIVE: Eredivisie retains IMG but awards Infront betting rights
IMG has retained the Eredivisie international broadcast rights, one of its longest-held football properties, but will be replaced by rival Infront as distributor of streaming rights to the global betting market, SportBusiness understands.
Fiorentina lands Betway Scores as sleeve sponsor
Betway Scores has become the sleeve sponsor of Fiorentina in a deal with the Serie A side that took effect earlier this month
Esportes da Sorte wins back sponsor licence
Brazilian betting operator Esportes da Sorte has been cleared to continue as a major sponsor of club football in the country – just beating the national deadline for the issuance of betting operator l…
Iris to drive Grand Slam of Curling globalisation
The Curling Group (TCG), the newly-formed venture which has bought the Grand Slam of Curling from Sportsnet, has hired Iris Sport Media to distribute the property’s global broadcast and betting rights.
Otro Capital, Blitzer latest investors in Two Circles
Two Circles is targeting further US growth after taking on investment from Otro Capital, the New York-based sports private equity firm, and David Blitzer, the American billionaire and multiple sports team owner.
Edwards joins Spring Media’s betting vertical
Tom Edwards, a former leading sales executive at Sportradar, has been recruited by Spring Media to strengthen the agency’s betting rights distribution vertical.
SPFL swaps betting video distributor in Stats Perform deal
Betting video rights to the Scottish Premiership will be exclusively commercialised from next season onwards by Stats Perform, which replaces rival IMG Arena in the role
PCB ordered to ban betting sponsorships
The Pakistan Cricket Board (PCB) has been banned from agreeing sponsorship deals with betting companies after the Peshawar High Court considered a petition which challenged deals with so-called ‘proxy’ firms.
Galatasaray defends controversial shirt sponsorship
Galatasaray has refuted criticism of the club's new sponsorship deal with MeritKing.news following claims of the website's ties to an illegal betting site.
LaLiga extends regional betting footprint
LaLiga has signed up SportyBet as a betting sponsor in Africa as it broadens out a regional betting roster that already includes deals in Asia-Pacific, Central and South America, North America and South Africa.