The SBC Weekly Digest for 28/02/20

Your weekly roundup of the most popular articles from SBC News, SBC Americas, CasinoBeats, Insider Sport & Payment Expert.

Good week for…
CHURCHILL DOWNS

Publishing its Q4 and full-year results, Churchill Downs reported ‘record results’, attributing a 72% quarterly EBITDA increase to an expanded US footprint.

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EUROPEAN FOOTBALL INTEGRITY

The Association of European Professional Football Leagues has signed an extension to its partnership with Genius Sports, Sportradar and Stats Perform which will cover a further 16 European leagues.

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Bad week for…
CODERE

Publishing its full-year 2019 trading results, Codere SA announced corporate net losses of €62m, representing a 32% increase on the cumulative €47m loss recorded during FY2018.

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MR GREEN

Mr Green is to pay £3m to the National Strategy to Reduce Gambling Harms after the Gambling Commission found it did not have effective procedures aimed at preventing harm and money laundering.

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QUOTE OF THE WEEK
“@2x
“With seconds to capture their attention, operators need to go above and beyond ‘bet small and win big’ to meet the demand that the new generation of players desires.”

Roman Sadovskyi, product owner at Evoplay Entertainment, speaks to CasinoBeats about how the new Dungeon: Immortal Evil product plans to trailblaze a new wave of online casino innovation.

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NUMBERS GAME
£1m
Financial services company BBVA and venture investment platform Anthemis have invested £1m in gig-economy startup Wollit, via a seed-funding round.
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14%
In its full-year 2019 results, Flutter Entertainment achieved record revenues of £2.14bn, up 14% against corresponding FY2018’s £1.81bn – a period featuring World Cup trading.

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$12.4m
Galaxy Gaming has announced the purchase of all of the equity interests in Progressive Games Partners for $12.4m, subject to certain conditions, including regulatory approval.

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$1bn
Esports revenue is expected to surpass the $1bn mark this year, a 15% increase on 2019’s figures, according to Newzoo’s 2020 Global Esports Market Report.

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VIDEO OF THE WEEK
Everet thumb
Looking into the key challenges that face the betting industry and how the sector can build a more positive reputation, we spoke to President of Fecoljuegos, Evert Montrero Cardenas.
Recommended Reading
In the second-half of its exclusive interview with FIFA’s Oliver Jaberg and Vincent Ven, Insider Sport delves into the challenges facing the organisation as it collaborates with national associations on integrity-related issues.

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With only 11 days to go until the highly anticipated Cheltenham Festival, SBC spoke with Coral’s Harry Aitkenhead about what to look out for this year, including the runners and riders to keep an eye on.

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CasinoBeats caught up with Trulioo’s COO Zac Cohen to discuss the importance of the account-creation process in building relationships between igaming operators and players.

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Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, underlined his confidence that the region will maintain its status as an online gambling hub to manage Brexit business complexities.

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Sports Betting Community Ltd, Riverbank House, 1 Putney Bridge Approach, Putney, London SW6 3JD, United Kingdom

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