The increasingly competitive world of money-back offers helped leading online betting service and affiliate FREEBETS.com enjoy its “best ever” Cheltenham Festival. Last week’s National Hunt racing extravaganza from Prestbury Park saw bookmakers launch their annual assault on player recruitment and retention and the FREEBETS.com team has been busy logging and ranking the wide range of offers and promotions. Paddy Power …
Read More »
Gala Coral Group has announced that Fiona Thorne has joined its management team in the newly created role of Corporate Affairs Director. Thorne, former CEO of Fishburn Hedges, takes up her new role in early April. She will report to Gala Coral Group CEO Carl Leaver. In the new role Thorne will be responsible for the development and delivery of …
Read More »
William Hill chairman Gareth Davies has described the task of finding a like-for-like replacement for CEO Ralph Topping as ‘impossible’. With Topping looking to take retirement next year, it has fallen to Davies to head up the search for his successor and it is something that he ‘really goes to town on’. Speaking with CITY AM, Davies said that Topping …
Read More »
GamCrowd, the crowdfunding and crowdsourcing company which focuses on the gambling industry, has signed an agreement with Centurion Solutions to invest a fund of up to £5m into start ups on the GamCrowd platform. Centurion represents some of the world’s largest professional sports and racing trading firms and this fund will be made up from funds provided by both Centurion …
Read More »
Viewing figures for this year’s Cheltenham Festival may have dropped by 4% to an average of 804,000, but the audience share was actually up by 1.5%. Channel 4 Racing was also able to take some comfort from its Gold Cup figures, as the Friday programme peaked at 1.53m, marginally up on last year’s 1.48m. A Channel 4 spokesman told The …
Read More »
Betfred has taken the unusual approach of refunding all customers who placed a bet on Manchester United winning the English Premier League. Owner Fred Done, who has made considerable marketing gains by settling title bets early, is now taking a different approach in a move which will cost the firm £200,000. Done told the Manchester Evening News: “These loyal fans …
Read More »
Professor Leighton Vaughan Williams, Director of the Betting Research Unit of the Nottingham Business School at Nottingham Trent University, contemplates whether simply studying probabilities can increase the chance of finding something important. I was once told a story about the value of crowd wisdom in turning up buried treasure. The story was that by asking a host of people, each …
Read More »
Industry analysts have warned that Bwin.party will really need to show some signs of momentum this year if it is to withstand any pressure to break the company up into its constituent parts. The arrival of activist investor Spring Owl into Bwin’s shareholders last month saw speculation arise that the group would be better served by being split up and …
Read More »
Bwin.party Chief Executive Officer Norbert Teufelberger believes that the group has reached a ‘turning point’ after suffering a ‘challenging year’. Total revenue for 2013 dropped by 19% from €801.6m (£671.5m) to €652.4m (£546.5m) which the company said reflected its shift in policy from ‘volume to value’, ISP blocking in Greece, migration losses and the full year impact of gaming taxes …
Read More »
INTRALOT Italia has launched SportsMobile, its new mobile and tablet sports betting proposition which was first introduced at ICE Totally Gaming Expo in London last month. The new product enables mobile users to enjoy the excitement of pre-match and live sports betting, using the latest technology on mobile and tablet devices. SportsMobile uses HTML5 technological innovations by INTRALOT Interactive and …
Read More »
SBC News Voice of the Sports Betting Industry