Tag: LiveScore Group

LiveScore FY23 sees revenue boost of 48.9%

LiveScore reported revenue of £129.6m ($165.0m/€150.8m) in its full year 2023 results, an increase of 48.9% yearly.

LiveScore’s full-year period ended 31 March 2023. Its full-year report focused on operations within its Virgin Bet, LiveScore Bet and sports media business.

Gambling made up £108.0m of the total revenue, up by 57.3% compared to full-year 2022. The remaining revenue came from advertising, which totalled £21.6m. This was an increase of 17.7%.

livescore’s sam sadi detailed the company’s future plans for the group to igb in october 2023

In October 2023, LiveScore chief executive Sam Sadi detailed future plans for the group to iGB. He explained that LiveScore intends to be the number one sports media operator globally, as opposed to the number one betting operator.

Looking at revenue by location, LiveScore saw a majority of its revenue made in the UK and Ireland, totalling at £100.3m – up by 40.0%.

However, the largest jump in revenue was seen in its Rest of Europe divi..

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Kambi scores sports betting partnership with LiveScore Group

Sports betting solutions provider Kambi Group has entered into a long-term partnership with the LiveScore Group.

Kambi will provide its sportsbook to the LiveScore group of companies, replacing a third-party supplier. This includes its sports media platform and two online betting brands.

Both the LiveScore Bet and Virgin Bet brands will run the Kambi product suite. This offering includes a sports betting platform, managed services, AI-powered trading and Bet Builder.

LiveScore Bet and Virgin Bet are currently active in a number of markets including the UK. The deal also covers the group’s subsidiaries in Gibraltar, Malta and Nigeria.

In addition, the LiveScore in-house product teams will utilise Kambi’s open APIs, incentives tools and bespoke bet offer specials.

The new Kambi-powered sportsbook will launch across multiple markets from Q1 next year. Kambi expects the agreement to contribute material revenue from the second half of 2024.

“With well-established sportsbook brands in ..

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LiveScore Group’s Sam Sadi builds his media empire

LiveScore Group aims to become the world's leading sports media operator, and sports betting is just the start. Chief executive Sam Sadi explains the masterplan.

“I remember the days when we used to press F5 to refresh the LiveScore.com website. That’s how long back it was,” says LiveScore Group chief executive Sam Sadi.

LiveScore launched in 1998, offering visitors football scores. Gamesys acquired the business in 2017 and, following that operator’s £490m sale to Jackpotjoy Group and then the £2.0bn merger with Bally’s Corporation, LiveScore Group stands alone as an independent business led by Sadi.

LiveScore turns 25 today, starting out providing live match data to players in 1998

The LiveScore Bet sportsbook launched in 2020, complementing the affiliate arm, not to mention its second brand, Virgin Bet. But Sadi isn’t only interested in building a sports betting business.

“We have a plan we’re implementing,” he explains. “You could call it a ten-to twenty-year plan. We i..

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