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growth – FairOdds Network

Tag: growth

GeoComply: Super Bowl LIX data showed 14% increase in active accounts

The Philadelphia Eagles weren't the only winners this past Super Bowl weekend. According to initial data, legal sportsbook operators saw a 14% increase in active accounts over last year.

Compliance and geolocation tech supplier GeoComply released its annual data report after the game on Sunday (9 February). The top-line news was a 14% year-on-year increase in active legal online sports betting accounts.

This is welcome news for the industry, especially given that there were no new markets launched for this year’s game. Missouri voters legalised sports betting there last November but the market has yet to launch. Over the course of the weekend, GeoComply said there were 724,400 new accounts created from 12am Saturday (8 February) through the end of the game Sunday night.

The other big takeaway from the report was the growth rate of active users in states that have taken action against illegal operators.

No markets or numbers were given, but user growth in states that have ta..

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Flutter touts global success and future growth at annual investor conference

Wednesday (25 September) was a tour de force for global wagering giant Flutter, as the company's executives touted its worldwide success to investors and detailed plans for future growth.
The company held its annual investor day presentation in New York on Wednesday. Several executives presented details in an extensive breakdown about Flutter’s tentacles around the globe. Investors heard from group CEO Peter Jackson, FanDuel CEO Amy Howe, Flutter’s UK & Ireland and international CEOs Ian Brown and Dan Taylor and more.

Overall, the executives heralded the “Flutter Edge”. This, they said, is the formula that has vaulted the company into “gold-medal positions” in several large markets, such as the US, UK, Italy and Australia. It consists of four main tenets: product, technology, expertise and scale.

This quartet was referenced ubiquitously as the key driver for the company’s success. Throughout the presentation, the company’s widespread dominance of odds pricing and parlay produ..

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