{"id":62,"date":"2024-06-12T00:38:39","date_gmt":"2024-06-11T21:38:39","guid":{"rendered":"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/"},"modified":"2024-06-13T11:55:47","modified_gmt":"2024-06-13T08:55:47","slug":"better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market","status":"publish","type":"post","link":"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/","title":{"rendered":"Better Collective Acquires AceOdds in a Strategic Move to Dominate the UK Sports Betting Market"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Foc3CrqKe8w\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A prominent force in the realm of digital sports wagering, Better Collective, has recently purchased the up-and-coming AceOdds for a substantial sum of \u20ac42 million (approximately $45.6 million). This calculated maneuver is poised to disrupt the United Kingdom market, where AceOdds maintains a significant foothold. Better Collective views this as a prime chance to not only elevate their own brand visibility within the area but also to help propel AceOdds onto the international scene. This acquisition stands as a testament to AceOdds&#8217; achievements, as the agreement assessed their worth at four times their profits over the preceding year.<\/p>\n<p>Considering this promising advancement, Better Collective has elevated the benchmarks for their fiscal objectives throughout the remaining months of 2024. They are now anticipating revenue to reach somewhere between \u20ac395 million and \u20ac425 million. This represents a considerable leap from their prior target and signifies a growth of 21% to 30%. Their earnings before interest, taxes, depreciation, and amortization (EBITDA) targets have similarly been adjusted upwards.<\/p>\n<p>This announcement follows a robust 2023 for Better Collective, during which they witnessed a 21% rise in revenue and a 31% surge in adjusted EBITDA in comparison to the previous year. Nevertheless, it is important to acknowledge that their fourth-quarter EBITDA did experience a decline of 16%. The company has not yet disclosed their financial outcomes for the first quarter of 2024.<\/p>\n<p>Ian Bowden, a prominent figure at Better Collective and their Senior Director for the UK and Ireland region, conveyed his excitement regarding the acquisition, remarking, &#8220;We are thrilled to bring AceOdds into the Better Collective Group.&#8221; <\/p>\n<p>This tactical purchase brings us a recognized sports wagering media name with a solid presence in Britain, and promising possibilities for worldwide expansion.  Acquiring AceOdds aligns seamlessly with our plan of obtaining top sports media brands across the spectrum. It fills a void in our holdings by supplying a significant affiliate brand in a crucial expansion territory for the Better Collective Group. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent force in the realm of digital sports wagering, Better Collective, has recently purchased the up-and-coming AceOdds for a substantial sum of \u20ac42 million (approximately $45.6 million). This calculated maneuver is poised to disrupt the United Kingdom market, where AceOdds maintains a significant foothold. Better Collective views this as a prime chance to not [&hellip;]<\/p>\n","protected":false},"author":110,"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>Better Collective Places Big Bet: Acquires AceOdds for \u20ac42 Million<\/title>\n<meta name=\"description\" content=\"Digital sports betting giant Better Collective makes a bold move, acquiring rising star AceOdds for a cool \u20ac42 million. This strategic acquisition shakes up the UK market and hints at global expansion for AceOdds.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Better Collective Acquires AceOdds in a Strategic Move to Dominate the UK Sports Betting Market\" \/>\n<meta property=\"og:description\" content=\"Digital sports betting giant Better Collective makes a bold move, acquiring rising star AceOdds for a cool \u20ac42 million. This strategic acquisition shakes up the UK market and hints at global expansion for AceOdds.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Licensed Online Casino: Discover Thrilling Games &amp; Latest News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T21:38:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-13T08:55:47+00:00\" \/>\n<meta name=\"author\" content=\"John &quot;Ace&quot; Summers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"John &quot;Ace&quot; Summers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/\"},\"author\":{\"name\":\"John \\\"Ace\\\" Summers\",\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/#\/schema\/person\/3d6ef3e94aeb37cd380471a76aa0f7d1\"},\"headline\":\"Better Collective Acquires AceOdds in a Strategic Move to Dominate the UK Sports Betting Market\",\"datePublished\":\"2024-06-11T21:38:39+00:00\",\"dateModified\":\"2024-06-13T08:55:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/\"},\"wordCount\":327,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/#organization\"},\"articleSection\":[\"Gambling\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/better-collective-acquires-aceodds-in-a-strategic-move-to-dominate-the-uk-sports-betting-market\/\",\"name\":\"Better Collective Places Big Bet: Acquires AceOdds for \u20ac42 Million\",\"isPartOf\":{\"@id\":\"https:\/\/freecashbonusnodepositcasino.icu\/#website\"},\"datePublished\":\"2024-06-11T21:38:39+00:00\",\"dateModified\":\"2024-06-13T08:55:47+00:00\",\"description\":\"Digital sports betting giant Better Collective makes a bold move, acquiring rising star AceOdds for a cool \u20ac42 million. 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