{"id":251,"date":"2024-06-26T23:07:47","date_gmt":"2024-06-26T20:07:47","guid":{"rendered":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/"},"modified":"2024-06-26T23:07:47","modified_gmt":"2024-06-26T20:07:47","slug":"super-group-to-acquire-sports-betting-technology-firm-apricot","status":"publish","type":"post","link":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/","title":{"rendered":"Super Group to Acquire Sports Betting Technology Firm Apricot"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Y2X70JyQBVo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The betting behemoth, Super Group, is preparing to purchase Apricot, a sports wagering technology firm, to bolster its Betway brand. This information surfaced prior to the company&#8217;s release of its third-quarter financial report. <\/p>\n<p>Super Group affirmed that its full-year financial objectives for 2022 remain on schedule. They also indicated that their third-quarter earnings, set to be unveiled on November 22nd, align with their revised projections from the second quarter.<\/p>\n<p>The corporation had to adjust its financial targets in August due to the unpredictable economic climate earlier in the year. Despite this, they still anticipate revenue to fall between \u20ac1.15 billion and \u20ac1.28 billion, with adjusted EBITDA ranging from \u20ac200 million to \u20ac215 million.<\/p>\n<p>Super Group is also actively pursuing the acquisition of Digital Gaming Corporation, which is anticipated to be finalized in January. This acquisition will grant them access to the US online sports wagering and iGaming market. <\/p>\n<p>In September, Super Group also secured a controlling interest in Jumpman Gaming, a UK online casino enterprise. <\/p>\n<p>The Super Group declared that this agreement will give them more chances in the UK and other global markets. Jumpman can utilize its exclusive technology to grow in these markets.<\/p>\n<p>Jumpman contributed roughly \u20ac7 million to net earnings in September and reached a positive EBITDA. However, Super Group stated that its previously released financial forecast for 2022 did not include Jumpman&#8217;s performance.<\/p>\n<p>Moreover, Super Group stated that its Betway and Spin brands successfully moved their operations to the regulated market in Ontario in the latter half of 2022, as anticipated.<\/p>\n<p>Obtaining sports betting technology<br \/>\nIn addition, the group said that it has started talks with Apricot, its long-term partner and sports betting provider in several regions, to &#8220;significantly increase the dedicated development resources available to Betway&#8221; as its exclusive licensee for sports betting.<\/p>\n<p>This will involve increasing spending and investment in software development in the coming quarters, which may include providing a loan of up to \u20ac43 million to Apricot to finance the dedicated resources for Betway.<\/p>\n<p>Apricot was formerly known as Microgaming Software Systems and was renamed Apricot in 2018. <\/p>\n<p>In light of this added expense, Super Group and Apricot have initiated talks regarding the potential for Super Group to gain complete control of the sports wagering enterprise through a buy option for a replica of the underlying technology.<\/p>\n<p>These talks are still in their nascent stages, and Super Group has indicated that it cannot assure a definitive agreement will be finalized.<\/p>\n<p>\u201cWe are taking action to fortify Super Group, streamline our financial framework, and position the company for future expansion,\u201d remarked Neal Menashe, Chief Executive Officer of Super Group. \u201cConcerning discussions about our sports betting operations, we are investigating the potential advantages of possessing the technology alongside our long-standing associates.<\/p>\n<p>\u201cI anticipate discussing our performance and operational updates in greater detail subsequent to the release of our third-quarter financial results on November 22.\u201d<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The betting behemoth, Super Group, is preparing to purchase Apricot, a sports wagering technology firm, to bolster its Betway brand. This information surfaced prior to the company&#8217;s release of its third-quarter financial report. Super Group affirmed that its full-year financial objectives for 2022 remain on schedule. They also indicated that their third-quarter earnings, set to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Super Group Acquires Apricot for Betway Boost<\/title>\n<meta name=\"description\" content=\"Super Group is buying Apricot, a sports wagering tech firm, to strengthen its Betway brand. The acquisition comes ahead of the company\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Super Group to Acquire Sports Betting Technology Firm Apricot\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Super Group is buying Apricot, a sports wagering tech firm, to strengthen its Betway brand. The acquisition comes ahead of the company\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T20:07:47+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/\",\"url\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/\",\"name\":\"Super Group Acquires Apricot for Betway Boost\",\"isPartOf\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-26T20:07:47+00:00\",\"dateModified\":\"2024-06-26T20:07:47+00:00\",\"author\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Super Group is buying Apricot, a sports wagering tech firm, to strengthen its Betway brand. The acquisition comes ahead of the company\",\"breadcrumb\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/america777nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Super Group to Acquire Sports Betting Technology Firm Apricot\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\",\"url\":\"https:\/\/america777nodepositbonus.icu\/\",\"name\":\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\",\"description\":\"Indulge in the best of licensed online gambling with our regularly updated news, honest reviews, and expert articles. Our platform is your trusted gaming partner.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/america777nodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/america777nodepositbonus.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Super Group Acquires Apricot for Betway Boost","description":"Super Group is buying Apricot, a sports wagering tech firm, to strengthen its Betway brand. The acquisition comes ahead of the company","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/","og_locale":"en_GB","og_type":"article","og_title":"Super Group to Acquire Sports Betting Technology Firm Apricot","og_description":"Super Group is buying Apricot, a sports wagering tech firm, to strengthen its Betway brand. The acquisition comes ahead of the company","og_url":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/","og_site_name":"Your Source for Expert Casino Insights &amp; Licensed Gaming News","article_published_time":"2024-06-26T20:07:47+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/","url":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/","name":"Super Group Acquires Apricot for Betway Boost","isPartOf":{"@id":"https:\/\/america777nodepositbonus.icu\/#website"},"datePublished":"2024-06-26T20:07:47+00:00","dateModified":"2024-06-26T20:07:47+00:00","author":{"@id":"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"Super Group is buying Apricot, a sports wagering tech firm, to strengthen its Betway brand. The acquisition comes ahead of the company","breadcrumb":{"@id":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/america777nodepositbonus.icu\/2024\/06\/26\/super-group-to-acquire-sports-betting-technology-firm-apricot\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/america777nodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Super Group to Acquire Sports Betting Technology Firm Apricot"}]},{"@type":"WebSite","@id":"https:\/\/america777nodepositbonus.icu\/#website","url":"https:\/\/america777nodepositbonus.icu\/","name":"Your Source for Expert Casino Insights &amp; Licensed Gaming News","description":"Indulge in the best of licensed online gambling with our regularly updated news, honest reviews, and expert articles. Our platform is your trusted gaming partner.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/america777nodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/america777nodepositbonus.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/251"}],"collection":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=251"}],"version-history":[{"count":0,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/251\/revisions"}],"wp:attachment":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}