LiveScore Group

LiveScore Group

Provides real-time sports scores and betting services

About

LiveScore Group operates in the sports and gaming sectors with three main brands: LiveScore, LiveScore Bet, and Virgin Bet. LiveScore delivers real-time sports scores and free live streams, enhancing the experience for sports fans worldwide. LiveScore Bet and Virgin Bet provide sportsbook betting options for those interested in placing bets on various sports events. The company distinguishes itself from competitors by offering a combination of reliable sports content and trusted betting services, catering to a diverse international audience. LiveScore Group's goal is to expand its reach in the global sports and gaming markets while generating revenue through advertising, subscriptions, and betting transactions.

Company Stage

Growth Equity (Non-Venture Capital)

Employees

501-1,000

Industries

Entertainment, Gaming

Total Funding

$57.8M

Headquarters

N/A

Founded

1998


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Simplify's Take

What believers are saying

  • The £50M strategic investment from Ringier AG underscores strong financial backing and growth potential for LiveScore Group.
  • Partnerships with industry leaders like Kambi and CT Interactive expand LiveScore's reach and enhance its service offerings.
  • Innovative promotions like LiveScore 6 with a £100k jackpot can drive user engagement and brand loyalty.

What critics are saying

  • The competitive landscape of sports media and betting is intense, requiring continuous innovation to maintain market position.
  • Integration challenges with newly acquired companies like Wonderlabz could pose operational risks.

What makes LiveScore Group unique

  • LiveScore Group combines real-time sports updates with innovative gaming technology, setting it apart from traditional sports media companies.
  • The strategic acquisition of Wonderlabz enhances LiveScore's product development and tech capabilities, giving it a competitive edge in the market.
  • The launch of the Audience Data Platform 'OnTarget' ahead of EUROS 2024 showcases LiveScore's commitment to leveraging data for enhanced user engagement.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-4%

2 year growth

6%

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