Press Releases
Sportradar Announces Participation in Upcoming Conferences and Affirms 2023 Annual Guidance
Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Gerard Griffin, the Company’s Chief Financial Officer, will participate in the following two conferences in September:
- Citi’s 2023 Global Technology Conference at the Hilton Midtown hotel in New York City on Wednesday, September 6, 2023. Sportradar will host investor meetings during the conference.
- Bank of America’s Annual Gaming and Lodging Conference at the Bank of America Tower in New York City on September 7, 2023. Sportradar will host investor meetings during the conference.
Sportradar is reaffirming its annual outlook range provided on August 9, 2023 for revenue and Adjusted EBITDA1 for fiscal 2023 as follows:
- Revenue in the range of €902.0 million to €920.0 million, representing growth of 24% to 26% over fiscal 2022.
- Adjusted EBITDA1 in a range of €157.0 million to €167.0 million, representing 25% to 33% growth versus last year.
- Adjusted EBITDA margin1 in the range of 17% to 18%.
Sportradar is also providing additional guidance on the relative weighting of revenue and Adjusted EBITDA1 in the third and fourth quarters of fiscal 2023 as follows:
- Third quarter 2023 should represent approximately 43% of our second half revenue and 52% of our second half Adjusted EBITDA1.
- Fourth quarter 2023 should represent approximately 57% of our second half revenue and 48% of our second half Adjusted EBITDA1.
1 Non-IFRS financial measure; see “Non-IFRS Financial Measures and Operating Metrics” and accompanying tables for further explanations and reconciliations of non-IFRS measures to IFRS measures.
EurAsia
Evoplay expands footprint in Georgia with Europebet partnership
Evoplay, the award-winning game development studio, has extended its outreach across Georgia by signing an agreement with Europebet, a leading brand within the Betsson Group.
This latest deal will see more than 20 of Evoplay’s most revered titles available for Georgian players through Europebet’s online casino, including the widely acclaimed Penalty Shoot-Out instant game and slots such as Temple of Thunder and Hot Triple Sevens.
Founded in 2010, Europebet became part of the Betsson Group in 2015, and delivers a plethora of online gaming services to its wide customer base, including a leading sportsbook, slots, and live casino.
This agreement amplifies Evoplay’s growth across regulated European markets, following deals earlier this year with the likes of PinterBet and Rizk.
Ihor Zarechnyi, CBDO at Evoplay, said: “Georgia has always been a market of huge appeal to us at Evoplay and it is fantastic to further branch out and be able to offer our award-winning games to more players thanks to this new partnership with Europebet.
“Some of our most popular titles will be available to users across the region and will undoubtedly elevate the player experience.”
Mindia Tskilauri, Slots Product Manager at Europebet, said: “As we continue to bolster our reputation as a leading casino brand within the Georgia market, we are thrilled at agreeing a deal with Evoplay to enhance our presence.
“Its portfolio is stacked with a variety of different themes and we expect it to resonate perfectly with our players.”
The post Evoplay expands footprint in Georgia with Europebet partnership appeared first on European Gaming Industry News.
Press Releases
Gamingslots Unveils Exciting Makeover: A Refreshed, Mobile-Friendly Slots Experience
Gamingslots, a leading online destination for slots fans, proudly announces the launch of its revamped website, promising an enhanced and seamless experience for all users. With a focus on accessibility, innovation, and gambling-compliant content, the new and improved platform is set to redefine the way players engage with online slots.
The team behind Gamingslots has vastly improved the mobile experience, ensuring that players can now enjoy popular slot games anytime, anywhere, from their mobile devices. Whether on a smartphone or tablet, the website’s responsive design guarantees a smooth and immersive gaming experience on all devices.
In addition to its enhanced mobile capabilities, the updated platform has improved access to the latest news and updates within the world of slots. Users can stay informed about new releases, upcoming games, and industry trends by visiting Gamingslots. Slots fans can also subscribe to news and details of the latest slots releases delivered directly to their inbox.
Furthermore, Gamingslots is proud to introduce an expanded selection of free slots, providing players with even more opportunities to enjoy slots without requiring a deposit. From classic titles to cutting-edge titles, the website’s diverse library of free games ensures that there’s something for every type of player to enjoy.
Gamingslots continues to provide safe and regulated casino recommendations for visitors to the site. In jurisdictions where restrictions apply, Gamingslots complies with all applicable laws when serving content.
“We are thrilled to unveil the new and improved website,” said Brian Wilkinson, a senior editor at Gamingslots.
“Our goal has always been to provide our users with the ultimate gaming experience, and this makeover represents a significant step forward in achieving that vision. With enhanced mobile functionality, easier access to news and updates, and an expanded selection of free slots, we’re confident that players will love the new features and improvements.”
The post Gamingslots Unveils Exciting Makeover: A Refreshed, Mobile-Friendly Slots Experience appeared first on European Gaming Industry News.
Press Releases
SOFTSWISS Releases Free Sportsbook Budget Calculator
SOFTSWISS, a global iGaming software provider, publishes a free Sportsbook Budget Calculator. The comprehensive tool will help businesses considering launching a sports betting project to calculate the costs and benefits.
Incorporating years of experience from the SOFTSWISS Sportsbook team, the Sportsbook Budget Calculator touches on all vital points in creating a sports betting business plan. With the insights on local market peculiarities provided by Rubens Barrichello, Non-Executive Director in Latin America at SOFTSWISS, this resource will be especially helpful for those considering entering the fast-growing LatAm region.
Sports betting remains one of the most popular and promising iGaming verticals. According to the Sportsbook Budget Calculator file, revenue in the Online Sports Betting market is projected to reach EUR 46.67bn in 2024, a 14.01% increase compared to 2023, with Europe as the largest market. This is the combined amount of revenue that each sport will generate:
- Esports – 6.4%
- Basketball – 9.4%
- American Football – 9.4%
- Football – 9.4%
- Tennis – 12.5%
- Boxing and MMA – 15.6%
- Others – 37.5%
In addition to a brief overview of the global sports betting markets, the Sportsbook Budget Calculator file also includes a list of the most common mistakes when calculating a budget and recommended solutions, a Budget Calculator downloadable file, and a glossary of terms for clear understanding of each variable.
Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, comments: “At SOFTSWISS, we understand that careful planning is crucial for the success of any sports betting business. Accurate budgeting and detailed preparation are fundamental when launching a bookmaking operation. Turning a concept into a well-structured project requires meticulous planning and the right software platform, with an emphasis on product quality, especially in sportsbooks. Our extensive experience in sportsbook software enables us to guide our partners toward success.”
In celebration of its 15th anniversary in 2024, SOFTSWISS is offering a wide array of gifts, bonuses, discounts, and special offers to new and existing clients, inviting everyone to join in the celebration. In addition to the Sportsbook Budget Calculator, new Sportsbook clients will also have the opportunity to access the Jackpot Aggregator completely free of charge for all local jackpot campaigns for the first 150 days after launch.
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
The post SOFTSWISS Releases Free Sportsbook Budget Calculator appeared first on European Gaming Industry News.
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