Seeking to expand its corporate presence within the Australian online betting sector, William Hill will implement a multi-brand strategy for the saturated market by reviving dormant brand Centrebet (Centrebet.com). The FTSE-listed bookmaker had acquired the Centrebet brand through its £450 million acquisition of online competitor Sportingbet’s ‘regulated market’ assets in 2013.   The move to revive Centrebet will likely surprise …

Business publication ‘SportsBusiness’ has ranked Perform Group CEO & Co-Founder Simon Denyer as one of the top innovators in sports commerce for 2016, following a ‘transformational year’ for his company and its services. Denyer who founded Perform in 2005, ranked in 5th place in SportBusiness list of the ‘Top 20 Sports Innovators in 2016’. The recognition of Perform’s leader follows …

‘The Australian’ newspaper has this weekend reported that FTSE-listed betting operators’ Ladbrokes Coral and William Hill are eyeing the potential takeover of ASX-listed Tatts Group’s sports betting assets, should the company be acquired by the Pacific Consortium. Last week, Pacific Consortium a group of investors led by London private equity firm Macquarie and New York fund KKR made a formal AUS …

The governance of UK independent bookmaker Betfred has confirmed that it has completed a £195 million refinancing package. The financing comes as Betfred moves to complete its £55.5 million acquisition of 322 retail betting shops from newly merged FTSE enterprise Ladbrokes Coral. The bookmaker’s senior debt package has been supported by a four UK banks – RBS, Barclays, Lloyds and …

FTSE-listed sports betting group Paddy Power Betfair has moved to strengthen its customer data security and regulatory compliance provisions by deploying security intelligence specialist Balabit’s Shell Control Box (SCB). The integration of SCB provisions will monitor ‘privileged access’ to the operator’s platform systems whilst enhancing security and flexibility of its product development processes. The SCB monitoring system is compliant with …

Clarion Gaming and iGaming Business the organisers of EiG and BAC industry conferences have confirmed that both events will once again take place in the German capital of Berlin, following successful 2016 events. First up EiG 2017 will be returning to the Arena Berlin, and will take place on Monday 30th October – Wednesday 1st November. As usual, BAC will …

Implementing a ‘comprehensive strategic change’ James Packer’s Crown Resorts (Crown) will scale back on all its international investments and ambitions, to focus on growing its Australian home enterprises. Confirming its corporate strategy change, Crown will no longer spin-off its international assets into a separate enterprise seeking an ASX-listing (plan announced in May 2016). Fully committing to Crown home markets, Packer …

The Christmas break should not signal a market slowdown for bookmakers. Bettingpro.com editor Neil Roarty takes a look at the BBC’s 2016 ‘Sports Personality of the Year’ award and why this ‘festive market’ should be taken seriously by betting stakeholders. __________________________ The BBC Sports Personality of the Year Award is one of the highlights of the festive TV calendar as it …