Ted Menmuir

Legal & expansion costs see Tabcorp post 49% 2016 profits decline

SBC News Legal & expansion costs see Tabcorp post 49% 2016 profits decline

Footing a legal bill of AUS $20 million (£11.5 million) Australian ASX-listed gambling operator Tabcorp Holdings (Tabcorp) has witnessed its full-year 2016 net profits decline 49% to AUS $169 million (FY 2015: AUS $334 million). Presenting its FY 2016 results (financial period ending 30 June), Tabcorp governance stated that 2016 business conditions had been ‘Volatile.’ The gambling operator would report …

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Accelerated Growth sees Ladbrokes post H1 2016 profits of £25 million

SBC News Accelerated Growth sees Ladbrokes post H1 2016 profits of £25 million

Publishing its H1 2016 results (period ending 30 June), Ladbrokes Plc governance has stated that its ongoing corporate strategy has seen it deliver an ‘accelerated multi-channel’ growth on all core metrics. The FTSE-listed bookmaker would close H1 2016, recording group revenues of £661 million up +13% on corresponding H1 2015’s £585 million. The revenue uplift would see the operator post …

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EnergyBet secures Aston Villa UK & Europe betting partnership

SBC News EnergyBet secures Aston Villa UK & Europe betting partnership

Birmingham Championship football club Aston Villa FC has confirmed EnergyBet as its official UK and Europe betting partner for season 2016/17. Announcing its partnership with the Villians, the soon to launch EnergyBet brand will receive high visibility match day coverage throughout Villa Park stadium (capacity – 42,000).  The EnergyBet brand will receive additional coverage on Aston Villa’s digital and social …

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SBC & Totally Gaming Academy hosts industry ‘Summer Social’ on 18 August

SBC News SBC & Totally Gaming Academy hosts industry 'Summer Social' on 18 August

Sports Betting Community (SBC) and Totally Gaming Academy have joined forces in order to bring the Sports Betting Summer Social to London this month. The FREE networking event is being held on Thursday 18th August at the quirky Kings Road hotspot of The Jam Tree and provides a perfect opportunity for up to 300 sports and gaming industry professionals to …

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Tatts enters ‘advanced negotiations’ for Intralot Australia & New Zealand division

SBC News Tatts enters 'advanced negotiations' for Intralot Australia & New Zealand division

Updating the market, ASX-listed Australian gambling operator Tatts Group Limited (Tatts) has announced that it has entered ‘exclusive talks’ to acquire Intralot’s Australian and New Zealand business division. Tatts have confirmed to Australian business news sources that stakeholder negotiations have ‘advanced to a confirmatory due diligence stage’. However, the company would further state that no final proposal had been made. …

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William Hill agrees Tottenham Hotspur European & Australian betting partnership

SBC News William Hill agrees Tottenham Hotspur European & Australian betting partnership

William Hill has announced it will become Tottenham Hotspur’s new Official European and Australian Betting Partner for an initial two-year period. The partnership will see William Hill will have a presence across the Club’s growing digital channels, pitchside advertising boards and will operate the in-stadium betting services on a matchday. As part of its continued commitment to Haringey (Spurs local community) , …

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Tabcorp strengthens Board advisory with Bruce Akhurst & Vickki McFadden appointments

SBC News Tabcorp strengthens Board advisory with Bruce Akhurst & Vickki McFadden appointments

Australian ASX-listed gambling operator Tabcorp Holdings has moved to strengthen its governance advisory by appointing Bruce Akhurst and Vickki McFadden as Non-Executive Directors. Tabcorp adds to its advisory board Bruce Akhurst, a veteran Australian technology and management expert who currently serves as Executive Chairman of advertising services firm AdStream. Vickki McFadden will further assist Tabcorp governance on strategic investments, banking and …

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Genius Sports appoints Steve Burton as integrity and governance director

SBC News Genius Sports appoints Steve Burton as integrity and governance director

Sports data and media rights distributor Genius Sports has strengthened its leadership team by confirming the appointment of Steve Burton as Director of Integrity, Governance & Sports Partnerships. Burton joins Genius Sports from London specialist sports law firm Couchmans LLP, where he served as Head of Sports Data (2009-2016). Part of the Genius Sports executive team, Burton will lead the …

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BHA publishes UK racing 2017 fixture list

SBC News BHA publishes UK racing 2017 fixture list

The British Horseracing Association (BHA) has published its fixture list for UK racing 2017, announcing year-round racing on Saturday evenings and three meetings to be staged for the first time on Good Friday. 1,496 fixtures are scheduled to take place over 363 days in 2017, 14 more than in 2016, while there will be an extra day of racing owing …

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William Hill boosts development arm with Grand Parade £13.6 million acquisition

SBC News William Hill boosts development arm with Grand Parade £13.6 million acquisition

FTSE-listed betting operator William Hill has informed the market that it has agreed to acquire industry software development firm Grand Parade for a reported £13.6 million combined cash and shares deal. Confirming the deal, William Hill governance detailed that it had acquired Grand Parade with a view of bolstering its digital development capabilities as the company continues its corporate focus …

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