Better Collective reports healthy growth in 2023
Better Collective’s latest financial report has revealed the firm’s healthy performance throughout 2023.One of the first figures detailed in the latest report was an...
Better Collective has acquired Canada Sports Betting (CSB)
Better Collective has purchased Canada Sports Betting (CSB) for €21.4 million, seeking to establish its presence in the proposed regulated Canadian market.
Better Collective, the leading developer of educational platforms within the iGaming industry, will transfer €15.9 million ahead, with the remaining €5.5 million paid in installments based as to whether the company meets specified milestones.
Better Collective’s CEO, Jesper Søgaard, welcomed CSB to Better Collective, and went on to say:
“With this deal, we have a firm footing in Canada’s market which has been growing in a very promising way. With these new websites and the assistance of our current North American business, I trust that we can grow these assets into iconic brands in Canadian sports betting.”
The company has raised its financial goal for the year from €75 million to €80 million, anticipating that CSB will generate more than €5 million in sales. Better Collective stated how CSB is a recognized sports betting name and has a firm market presence by assisting its users in making smart online betting moves.
With the deal, the affiliate intends to establish a presence in Canada’s gambling market, in addition to the current brands with excellent product offerings. This comes at a perfect timing, since the province of Ontario will open its sports betting and online gambling markets to regulated operators.
Better Collective reports over 30% EBITDA increase in 2023
Better Collective has recently published its initial financial results for the 2023 financial year.While the media firm has not yet published its full performance results...
