Ted Menmuir

LeoVegas returns to profit in Q1 2017

SBC News LeoVegas returns to profit in Q1 2017

Completing its first full year as a Nordic Nasdaq-listed enterprise, LeoVegas Group AB has recorded strong organic growth within its product verticals as the company seeks to expand its footprint beyond its home markets of Scandinavia. Presenting its Q1 2017 financial update (period ending 31 March), LeoVegas would announce a corporate revenue lift of 49% to €44 million (Q1 2016: …

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Betfair – Le Pen drifts but punters still seek Trump-like moment

SBC News Betfair - Le Pen drifts but punters still seek Trump-like moment

With just three days to go until France heads for its final round of General Election voting (Sunday 7 May), Betfair Politics has priced far-right candidate Marie Le Pen at 9/1 (11% chance of winning). Updating its ‘France 2017 market’, Betfair Politics has detailed that yesterday’s live TV debate between Le Pen and Emmanuel Macron favoured the centrist ‘En Marche’ …

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Ladbrokes Coral positive on 2017 expectations despite tough opening for retail operations

SBC News Ladbrokes Coral positive on 2017 expectations despite tough opening for retail operations

Issuing its Q1 trading update (period ending 31 March), FTSE-listed bookmaker Ladbrokes Coral Group Plc continues its digital momentum, despite being impacted by unfavourable sporting results recorded during February and March. Updating investors, Ladbrokes Coral detailed a 22% rise in group digital revenues, with its enlarged sportsbook division recording a 40% uplift in period net revenues. However, the firm would …

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#bofcon2017 – Spanish betting operators ‘leapfrogging to Latin America’

SBC News #bofcon2017 – Spanish betting operators ‘leapfrogging to Latin America’

The regulated Spanish gaming market continues to grow at a rapid pace, and while international operators clamour to gain a foothold in the market, those already established on the Iberian Peninsula are increasingly looking to leverage opportunities across the Atlantic. Speaking at this week’s Betting on Football event in London, Christian Tirabassi, senior partner at Ficom Leisure, said Spain’s Directorate …

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#bofcon2017 – Looking Good…What do investors want to see in market enterprises?

SBC News #bofcon2017 - Looking Good...What do investors want to see in market enterprises?

Following a period of mass consolidation and sector realignment, is the betting industry still an attractive proposition for enterprise investors? A Betting on Football expert panel assess current market conditions and challenges awaiting investment and enterprise stakeholders. Professional venture investor Christian Elder Founder of Dreamworx Online, tells the audience that value may have diminished in the betting sector as market …

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#bofcon2017 – Future Perspective – ‘Long road to finding out who will be the new betting industry champion’

SBC News #bofcon2017 - Future Perspective – ‘Long road to finding out who will be the new betting industry champion’

Opening the 2017 Betting on Football Conference (BOFCON) an expert panel debating ‘Future Market Challenges’, details that industry stakeholders are now facing a new reality following mass consolidation and a realignment of the sector’s major players. Simon French Senior Executive at Cenkos Securities states that ‘it is simply too early to judge the winners of market consolidation witnessed in 2015/16’. …

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Sportsbook growth drives Paddy Power Betfair Q1 2017 performance

SBC News Sportsbook growth drives Paddy Power Betfair Q1 2017 performance

The governance of Paddy Power Betfair Plc (PPB) has stated that it is confident of securing 2017 group targets and expectations following a strong start to its financial year aided by favourable results recorded at Cheltenham 2017. Presenting its Q1 2017 trading update (period ending 31 March), PPB declared underlying group revenues of £416 million up 23% on corresponding Q1 …

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Betfair – Le Pen’s price proves to be an ‘attractive proposition’ as France 2017 hits £22 million mark

SBC News Betfair - Le Pen's price proves to be an ‘attractive proposition’ as France 2017 hits £22 million mark

Updating the media, on its ‘France 2017’ general election market, Betfair Politics maintains that far-right candidate and former Front National leader Marie Le Pen is still an ‘attractive proposition’ for political punters priced at 9/1. As France heads to the polls this Sunday 7 May, Betfair informs that its ‘France 2017’ market has hit the £22 million wagering mark breaking …

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Camelot reaps rewards & recognition for ‘I Am Team GB’ National Lottery campaign

SBC News Camelot reaps rewards & recognition for ‘I Am Team GB’ National Lottery campaign

National Lottery operator Camelot UK has won three prestigious advertising awards this April for its 2016 Olympic marketing campaign ‘I Am Team GB’. The multi-media campaign launched last summer following the Rio 2016 Olympics, has been recognised as the ‘Best Sports Participation Event’ at the 2016/17 BT Sport Industry Awards held on 27 April. Hosting its annual awards on the …

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Asia facing Flow Gaming appoints EveryMatrix veteran Nick Hill as Commercial lead

SBC News Asia facing Flow Gaming appoints EveryMatrix veteran Nick Hill as Commercial lead

New industry platform and software supplier Flow Gaming has expanded its executive management team by confirming the appointment of Nick Hill as Head of Sales and Business Development. Hill an industry commercial veteran, joins the Malta-based start-up having previously served as Sales and Marketing Director for EveryMatrix (2009-2017). Taking on the executive role, Hill will be tasked with leading Flow …

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