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BetSymphony Sportsbook Empowers Operators — Total Control, No Revenue Sharing

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Symphony Solutions is proud to announce the launch of BetSymphony, a state-of-the-art sportsbook platform that empowers operators to take full control of their betting ecosystems. Designed for the modern gaming environment, BetSymphony grants operators the freedom to own their source code, enhancing operational agility and eliminating the dreaded need for revenue-sharing models.
Backed by many years of deep industry experience, BetSymphony is designed to address the specific needs of modern sportsbook and casino operators. Following a successful pilot program with industry leaders, we are excited to introduce a platform that enhances user engagement, optimizes operational workflows, and sets a new standard in sportsbook management.
“With BetSymphony, we’re not just offering a product; we’re providing a strategic advantage for operators,” said Valentina Synenka, CEO of Symphony Interactive. “Our platform is engineered to empower operators with the flexibility to innovate and rapidly adapt, ensuring they can deliver exceptional experiences to their users.”
Key Features of BetSymphony: 
  • No Revenue Sharing: By owning the source code, you are eliminating the need for revenue-sharing models. BetSymphony allows operators to keep 100% of their revenue, giving them complete financial control and the freedom to scale their operations without ongoing cuts to their profits.
  • Advanced Player Account Management (PAM): BetSymphony includes comprehensive PAM functionalities that support responsible gaming practices, such as self-exclusion and deposit limits, fostering player trust and regulatory compliance.
  • Diverse Betting Options: The platform offers a wide array of betting formats—including pre-match, in-play, and cash-out options—enabling users to engage flexibly and intuitively with their betting activities.
  • Seamless Third-Party Integrations: Effortlessly connect with industry-leading CRM systems, payment gateways, and data analytics tools, creating a cohesive ecosystem that enhances operational efficiency and user satisfaction.
  • Customizable User Interface: Operators can tailor the user interface to reflect their brand identity, creating a unique and engaging environment that resonates with players and drives loyalty.
  • Real-Time Analytics and Alerts: Gain instant access to critical performance metrics with advanced analytics and real-time alerts, empowering operators to make informed decisions that enhance user engagement and revenue growth.
  • Omnichannel Support: Deliver a consistent and engaging user experience across all platforms—online, mobile, and retail. With plans for integrating retail betting capabilities, BetSymphony ensures operators can capture every segment of the market.
  • AI-Powered: Take your sportsbook operations to the next level with advanced AI-driven insight. BetSymphony is integrated with BetHarmony, a cutting-edge AI assistant, the platform enhances player engagement through personalized support and seamless account setup, creating a fully AI-powered ecosystem that keeps operators ahead of the game and deeply connected with their players.
Valentina further highlighted, “With features that focus on customization and user engagement, BetSymphony, along with the capabilities of BetHarmony, sets a new benchmark in the sportsbook arena. Operators can now offer unique products that truly connect with their audience, driving loyalty and revenue.”
About BetSymphony  
BetSymphony is a top tier sportsbook platform developed by Symphony Solutions, designed to optimize operations for both casino and sportsbook operators. With a strong focus on technology and user experience, BetSymphony provides operators with the essential tools to drive user engagement, operational efficiency, and long-term profitability.
About Symphony Solutions  
Symphony Solutions is a leading Dutch company specializing in AI, Cloud, and Agile transformations. As a premier, award winning provider of custom iGaming solutions, the company has a track record of success, partnering with top-tier operators to deliver a comprehensive suite of services. Since its founding in 2008, Symphony Solutions has built lasting relationships with industry leaders, driving innovation in the iGaming sector.

The post BetSymphony Sportsbook Empowers Operators — Total Control, No Revenue Sharing appeared first on European Gaming Industry News.

CEO of Expanse Studios

Expanse Studios (GMGI) Enters the U.S. Sweepstakes Market

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North American Expansion Kicks Off Through Strategic Partnership with Moozi

Golden Matrix Group’s game development division, Expanse Studios, has officially entered the U.S. sweepstakes market, marking a significant milestone in its North American growth strategy. This move is powered by a strategic content partnership with Moozi, one of the most dynamic sweepstakes social casino platforms in the region.

With Moozi now featuring over 50 of Expanse Studios’ top-performing games—including immersive slots, crash games, and table games—this partnership positions GMGI to capture a share of the $5.6 billion U.S. sweepstakes market, projected to more than double to $11 billion by 2025 (Eilers).

Damjan Stamenkovic, CEO of Expanse Studios, commented:

“This partnership signifies our formal entry into the U.S. market, showcasing the innovation and player-first experiences that define Expanse Studios. Collaborating with Moozi enables us to deliver advanced gaming content to a growing audience in North America, a key region for our global growth.”

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James Anderson, Moozi’s CCO, added:

“Expanse Studios has set a high bar for engaging and innovative gaming experiences. Their addition to our platform elevates Moozi’s offerings and strengthens our mission to lead the U.S. sweepstakes social casino space.”

This launch underscores Expanse Studios’ commitment to innovation and its long-term growth trajectory in regulated markets. By entering the North American sweepstakes market, Expanse Studios takes a bold step in expanding its footprint while delivering cutting-edge gaming experiences.

 

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GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline

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GamCare’s National Gambling Helpline received a record 55,228 calls and online chats from people experiencing gambling harm in 2023-24 – a 25% increase from the previous year – according to the charity’s Annual Report.

In a year marked by uncertainty over the future shape and structure of the gambling harms treatment sector following the previous government’s white paper on gambling reform, the charity continued to prioritise those at-risk of, or currently experiencing, gambling harm.

Of all calls and online chats that were responded to on GamCare’s Helpline in 2023/24, 41,070 (74%) were classed as supportive interventions. This includes supporting people with initial guidance and advice as well as delivering a seamless entry point into structured treatment services, with individuals completing treatment reporting a significant reduction in gambling-related distress and financial harm.

In March 2024, the Office for Health Improvement and Disparities published an assessment of the gambling treatment system, highlighting that 57% of individuals engaging in treatment were referred by the National Gambling Helpline. This underscores the Helpline’s critical role in connecting people to the support they need. Over 9,100 free treatment sessions were delivered in the year to April 2024, with an average of just 2.1 days’ wait from point of referral.

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GamCare’s targeted programmes aimed at young people, women, and the criminal justice system provided training on how to spot the signs of harms and where to signpost into support for 10,344 professionals, and education for 53,324 young people, children and parents. The Women’s Programme, in partnership with organisations such as Refuge, trained 3,813 professionals to recognise and address gambling-related harm among women.

Margot Daly, Executive Chair of GamCare’s Board, says: “Throughout a challenging year and with heightened demand for our services, GamCare’s staff have got on with the job of preventing harm where possible and treating harm where necessary. While we expect important changes in the gambling harms landscape, we have been determined not to let this uncertainty affect our relentless focus on the people who really matter – those at-risk of or currently experiencing gambling harms.

“I would like to thank and pay tribute to our frontline staff who provide 24/7 support for all those at risk or in distress. I also want to thank GamCare’s senior executive team who have steered GamCare through a period of sustained change, and to my fellow trustees for their guidance, unwavering support and the time each has dedicated to ensuring that the charity stays on course and on mission.

“As we look ahead to how the future of the gambling harms sector is shaped, we are committed to working proactively with the NHS and other partners and commissioners to ensure that people are continually able to receive the right support at the right time.”

The post GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline appeared first on European Gaming Industry News.

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Kambi Group plc repurchase of shares during 18 December – 23 December 2024

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Kambi Group plc (“Kambi”) has during the period 18 December to 23 December 2024 (the “Buyback Period”) repurchased a total of 40,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 40,000 ordinary B shares at a volume-weighted average price of 99.13 SEK. From the beginning of the Programme, which started on 6 November, until and including 23 December 2024, Kambi has repurchased a total of 344,000 ordinary B shares at a volume-weighted average price of 104.94 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

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Date Aggregated daily
volume (number of
ordinary B shares)
Weighted average
share price
per day (SEK)
Total daily
transaction
value (SEK)
18 December 2024 10,000 100.00 999,967
19 December 2024 10,000 99.39 993,929
20 December 2024 10,000 98.86 988,588
23 December 2024 10,000 98.26 982,562

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 23 December 2024, Kambi’s holding of its own shares amounted to 344,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.

A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.

Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/

The post Kambi Group plc repurchase of shares during 18 December – 23 December 2024 appeared first on European Gaming Industry News.

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