Play'n GO new release Crabby's Gold
Connect with us
Play'n GO new release Crabby's Gold

Latest News

SCCG Announces Partnership with FLI Golf

Published

on

SCCG Announces Partnership with FLI Golf

 

SCCG Management, a global leader in advisory services for the gaming and sports industries, has announced a strategic partnership with FLI Golf, the groundbreaking professional disc golf league redefining the sport for a new generation of fans, athletes, and bettors.

FLI Golf has quickly established itself as the most innovative and dynamic force in disc golf. By transforming traditional gameplay into a high-energy, broadcast-ready format—with structured halves, halftime analysis, and thrilling par-3 courses—the league has created a product that captivates spectators and resonates with modern sports culture. With a global roster of elite talent from the US, Estonia, Finland, and Laos, FLI Golf delivers competitive intensity, record-breaking prize pools, and a clear vision for what disc golf can become on the world stage.

The league currently owns all its teams and boasts the most talented athlete lineup in the sport. With events hosted at premier venues across the country and a rapidly growing fan base, FLI Golf is poised to franchise the league and scale globally. At the heart of its future expansion is a robust database of player statistics—designed not only to drive fan engagement but also to power highly accurate, competitive betting lines that elevate the sport’s betting potential.

To support this next phase of growth, SCCG Management will provide full-spectrum advisory services, including business development, capital raising, and the sourcing of strategic sponsors and brand partnerships across the US. SCCG will also lead efforts to activate sports wagering around the league, facilitating introductions to leading technology providers and sportsbook operators while guiding regulatory readiness.

One of the most exciting elements of this partnership is SCCG’s work to integrate FLI Golf into the Tribal gaming ecosystem. With decades of deep relationships in Tribal markets and across brick-and-mortar casino properties, SCCG will work to bring live FLI Golf experiences to casinos across the US—unlocking a powerful new category of in-person entertainment and sports betting activation.

“We couldn’t be more excited to welcome SCCG as our strategic partner. Their deep expertise in sports and gaming, along with their global network of partners and investors, gives FGL the backing it needs to change the game for professional disc golf and bring a bold new vision to life,” said Andrew Panza, CEO and Tour Director of the FLI Golf League.

“FLI Golf has created something truly special—a disruptive, fan-first league that’s built for the modern sports landscape. We see massive potential in their model, not only as a sport, but as an entertainment platform that aligns perfectly with the future of wagering, data, and tribal casino partnerships. This is just the beginning,” said Stephen Crystal, Founder and CEO of SCCG Management.

Latest News

BETMGM 2Q/1H 2025 UPDATE & FY2025 GUIDANCE INCREASE

Published

on

BETMGM 2Q/1H 2025 UPDATE & FY2025 GUIDANCE INCREASE

 

BetMGM LLC jointly owned by MGM Resorts International and Entain plc, is  providing an update on its Second Quarter 2025 (“2Q 2025”) and First Half 2025 (“1H 2025”) performance.

  • Strong 2Q and 1H performance as BetMGM’s ongoing strategic execution drives strong and profitable growth
    • 2Q Net Revenue up 36% YoY and EBITDA of $86 million (up $78 million YoY)
    • 1H Net Revenue up 35% YoY and EBITDA of $109 million (up $232 million YoY)
  • Leading iGaming offering and enhanced player engagement delivered 2Q revenues +29% (1H +28%) with strong growth in player volumes and activity
  • Strong Online Sports performance with 2Q revenues +56% (1H +61%) driven by refined player marketing and management and strengthened product
  • Upgrade to FY25 guidance and increased confidence in path to $500 million EBITDA in coming years
    • Expect FY25 Net Revenue of at least $2.7 billion and EBITDA of at least $150 million1

Adam Greenblatt, Chief Executive Officer of BetMGM, commented: “BetMGM has seen a strong first half of the year, delivering significant revenue and EBITDA growth that is underpinned by the ongoing execution of our strategic plan. The momentum we have built since the second half of 2024 accelerated through the first half of 2025. Our iGaming business continues to deliver new records as we showed why BetMGM is the go-to destination for all players, and in Online Sports, our refined player targeting and management capabilities have driven strong engagement and player KPIs across the board. BetMGM is healthier than it has ever been, a testament to the hard work of our teams and colleagues across the business. Our stronger than expected performance through 1H 2025 positions us well for the rest of the year, reinforcing our confidence in the future and the many opportunities ahead.”

Key Financial Highlights

2Q and 1H 2025 BetMGM Financial Summary1,2,3

$ millions, unless otherwise noted

2Q

2025

YoY

Change

1H

Advertisement
Stake - Best Online Casino & Sports Betting Platform

2025

YoY

Change

1H

2024

Net Revenue

          iGaming

$449

+29 %

$891

Advertisement
Stake - Best Online Casino & Sports Betting Platform

+28 %

$695

          Online Sports

$228

+56 %

$422

+61 %

$262

Handle4

$3,427

Advertisement
Stake - Best Online Casino & Sports Betting Platform

+25 %

$7,515

+27 %

$5,914

GGR Hold %

9.8 %

+40bps

8.9 %

(10)bps

9.0 %

Advertisement
Stake - Best Online Casino & Sports Betting Platform

NGR Hold %

6.6 %

+130bps

5.6 %

+120bps

4.4 %

           Retail / Other

$16

(5) %

$36

Advertisement
Stake - Best Online Casino & Sports Betting Platform

(15) %

$42

        Total Net Revenue

$692

+36 %

$1,349

+35 %

$999

Contribution

$191

Advertisement
Stake - Best Online Casino & Sports Betting Platform

+$88

$307

+$241

$66

EBITDA

$86

+$78

$109

+$232

($123)

Advertisement
Stake - Best Online Casino & Sports Betting Platform

Average Monthly Actives (thousands)5

901

+7 %

984

+6 %

926

2Q/1H Financial Highlights 

  • 1H Net Revenue of $1.35 billion, +35% YoY delivering 1H EBITDA of $109 million (up $232 million YoY)
  • 2Q Net Revenue of $692 million, +36% YoY with continuing momentum and strong underlying growth
    • iGaming Net Revenue of $449 million, +29% YoY, driven by leading offering with exclusive content, differentiated engagement tools and enhanced player management
    • Online Sports Net Revenue of $228 million, +56% YoY, reflecting strengthened product and refined engagement
    • Average Monthly Actives +7% YoY
  • 2Q EBITDA of $86 million (up $78 million YoY) underpinned by positive contribution from both iGaming and Online Sports
  • Secured stabilized 14% GGR market share in active markets with iGaming (22%) and Online Sports (8%), further cementing BetMGM’s podium position in the market6,7
  • $150 million revolving credit facility remains undrawn with no further capital from parent companies expected

Operational highlights

  • Market leading iGaming offering
    • Continued investment behind leading iGaming business to acquire and retain a broader pool of players at attractive payback periods
    • Strong player volumes and engagement KPIs underpin 1H outperformance
      • 1H Average Monthly Actives +38% and Active Player Days each month +34%8
    • Attractive player economics supported by:
      • Exclusive and unparalleled library of content including The Wizard of Oz, Price is Right and Family Feud
      • Creative player engagement tools improved active player days and 2025 cohort retention
      • Further investment in live dealer business
      • Improved targeting and showcasing of promotions to cross-sell Online Sports and iGaming players in our multi-product states
  • Strengthened Online Sports product and enhanced player engagement approach
    • Significant growth in Online Sports demonstrates successful brand repositioning, player acquisition and management, alongside ongoing product improvements
    • Focused “premium mass” approach and enhanced CRM delivering a more engaged and higher quality player base
      • 1H Handle per active +34% and NGR per active +70%9
      • 1H Active Player Days +14% with +24% more Bets per active8,9
      • 1H NGR margin improvement of +120 bps YoY
    • Strengthened product with broader offering and parlay capabilities, plus enhanced UX navigation and app speed
  • Unlocking differentiated omnichannel opportunities
    • Growing flywheel benefits from Nevada omnichannel position with launch of flagship app and nationwide digital wallet
      • Improved integration across omnichannel touchpoints supports efficient acquisition and retention funnel offering unique player experiences
      • 30% growth in NV monthly actives in 1H; 4x increase in number of NV actives continuing play in home state in 1H10
    • Omnichannel game titles and differentiated live dealer offering provide BetMGM exclusive experiences
      • c50% of BetMGM’s Top 20 grossing slot titles are omnichannel games, including recently launched titles from The Wizard of Oz franchise11

Outlook

  • BetMGM’s performance in 2Q and 1H 2025 provides increased confidence in the long-term profitability and opportunities for the business
  • Stronger than expected second quarter supports further upgrade to FY25 guidance12:
    • Net Revenue guidance of at least $2.7 billion
    • EBITDA guidance of at least $150 million
  • Secured podium position in a large and growing total addressable market with increasing operating leverage benefits, reinforces our confidence in delivering EBITDA of $500 million in the coming years
Continue Reading

Latest News

Play’n GO Announces North American Operator Partnership with Caesars Entertainment

Published

on

Play'n GO Announces North American Operator Partnership with Caesars Entertainment

 

Play’n GO, a leading casino entertainment provider, has  announced a new U.S. operator partnership with Caesars Entertainment.  

The partnership brings Play’n GO titles such as Buildin’ Bucks, Piggy Blitz, and Reactoonz online across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino in Ontario, Michigan, Pennsylvania, New Jersey, and soon in West Virginia.  

This partnership marks another significant milestone in Play’n GO’s growing U.S. footprint, highlighting the company’s commitment to delivering world-class entertainment to players across the country, where it is now licensed in six states.  

Anna Mackney, Head of Regional Sales US at Play’n GO: commented: “The Caesars brand is synonymous with world-class gaming and entertainment in North America, and it’s an exciting time for our business to announce this partnership. Our mutual commitment to high-quality entertainment and responsible gaming makes them the perfect partner for us as we mark this latest milestone on our U.S. journey.”

Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital added: “Bringing Play’n GO’s popular titles live on our platforms is a win for our players. We’re committed to continuously making strides in building out our portfolio of titles on our online casino platforms and we’re thankful to bring another great partner like Play’n GO into the fold to make that happen.”

Continue Reading

Latest News

Sportradar Launches AI-Driven “Bettor Sense” to Support Responsible Gambling

Published

on

Sportradar Launches AI-Driven “Bettor Sense” to Support Responsible Gambling

 

Brazilian operator BETesporte is first to adopt AI-powered solution

Sportradar Group AG has launched Bettor Sense, a personalized, proactive, and data-driven approach to user protection. BETesporte will be the first operator to implement the solution, reinforcing its commitment to safer and more responsible practices in Brazil’s newly regulated betting market.

Bettor Sense is an AI-powered solution that detects early signs of gambling-related risk and enables personalized interventions to protect end users. Developed with proprietary technology and grounded in behavioral research, Bettor Sense allows operators to act quickly and efficiently, promoting responsible gambling and strengthening brand reputation. Fully compliant with regulatory standards, Bettor Sense provides a critical tool for operators aiming to meet rising expectations around end user protection.

In addition to implementing Bettor Sense, BETesporte has also joined Sportradar’s Integrity Exchange, a global information-sharing network that enables betting operators to report suspicious betting activity directly to Sportradar’s Integrity Services division. This collaboration strengthens the industry’s collective ability to fight match-fixing and betting-related corruption through enhanced transparency and cooperation.

Tom Mace – SVP, Integrity & Regulatory Services, Product & Strategy at Sportradar, said: “This partnership with BETesporte marks an important milestone for Sportradar’s ongoing mission to help shape secure and sustainable sports betting and iGaming industries. BETesporte is taking a proactive step in embracing responsible gaming as a core part of its business. We are confident this will be the first of many partnerships, as the market increasingly recognizes the value of using data and technology to protect end users and strengthen compliance.”

Marcos Pereira – CEO of BETesporte said: “BETesporte is fully committed to transparency and security across all its operations. The partnership with Sportradar, through the integration of Bettor Sense and the Integrity Exchange, reinforces our dedication to fostering a responsible and ethical betting environment in line with regulatory standards. Sportradar’s advanced technology enables us to anticipate and prevent risky behavior, ensuring our bettors have the best possible experience with complete safety. We will continue working tirelessly to protect the integrity of sport and the trust of our users, which remains our top priority.”

Continue Reading

Trending

GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

Copyright © 2018 – 2025, HIPTHER. All Rights Reserved.