Ted Menmuir

CVC Capital confirms Tipico acquisition

SBC News CVC Capital confirms Tipico acquisition

Private equity firm CVC Capital Partners furthers its presence in online gambling having acquired a majority stake in German focused sports betting operator Tipico Co Ltd. CVC adds the Malta licensed betting operator to its gambling portfolio, having secured the acquisition of Sky Betting & Gaming in December 2014 for £800 million. As yet no financial terms have been disclosed …

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GVC Holdings positive on 2016 as all brands report revenue growth

SBC News GVC Holdings positive on 2016 as all brands report revenue growth

Presenting its first London FTSE market update, GVC Holdings Plc described 2015 as a “momentous year for the company”, having completed its acquisition of bwin.party Entertainment assets in December 2015 (deal officially closed 1 February). Reporting on full-year 2015 results (period ending 31 December), GVC recorded a 10% increase in Net Gaming Revenues (NGR) to €248 million. GVC governance was …

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SBC Leader Profile – Marion Gamel – Betsson Group: Navigating a multi-brand approach

SBC News SBC Leader Profile - Marion Gamel - Betsson Group: Navigating a multi-brand approach

SBC latest leader profile speaks to Betsson Group Chief Marketing Officer Marion Gamel, regarding leading her company’s ambitious international multi-brand marketing strategy. A former Google Europe executive, who has consulted multiple leading enterprises on international advertising, Gamel details to SBC readers the changing values in industry marketing as operators seek deeper intelligence gained through better data process and analysis.  ___________________________________ …

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bet365 Coates family highest ranking digital owners in The Sunday Times Richlist

SBC News bet365 Coates family highest ranking digital owners in The Sunday Times Richlist

bet365 owners the Coates family have been ranked 24th in The Sunday Times Richlist for 2016, with an estimated wealth of £3.8 billion. The UK newspaper reports that Denise (CEO), brother John (Co – CEO) and father Peter (Chairman) combined wealth gained £1.4 billion in the past twelve months, moving the Coates into the top 25 richest people living in …

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William Hill gets shirty for Bobby Moore Fund bowel cancer awareness campaign

SBC News William Hill gets shirty for Bobby Moore Fund bowel cancer awareness campaign

Throughout the month April FTSE-listed bookmaker William Hill has been raising awareness of bowel cancer disease in partnership with UK charity the Bobby Moore Fund. Working closely with the Moore family, William Hill has acted as official sponsor of UK campaign ‘Football Shirt Friday’. The bookmakers has been running the campaign in shops and its offices to highlight the symptoms …

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Unibet extends CPL T-20 cricket partnership

SBC News Unibet extends CPL T-20 cricket partnership

European sports betting operator Unibet has confirmed that it has extended its betting partnership of cricket’s ‘HERO Caribbean Premier League’ (CPL) for a further two years. Unibet had been announced official betting partner of the CPL T-20 championship in May 2015. The continued partnership will see the bookmaker maintain its shirt sponsorship of the St Lucia Zouks franchise, which includes …

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Ladbrokes’ Mullen slams rivals for “race-to-the bottom offers” at Cheltenham 2016.

SBC News Ladbrokes’ Mullen slams rivals for “race-to-the bottom offers” at Cheltenham 2016.

Updating investors and media on Ladbrokes Q1 2016 performance, CEO Jim Mullen fired shots at rivals for offering costly customer incentives at Cheltenham 2016. This year’s festival was deemed ‘the worst Cheltenham in living memory” as UK and Irish bookmakers lost millions to punters who made easy cash-ins on multiple winning favourites. Industry analysts have calculated the cost of Cheltenham …

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Betfair US launches New Jersey exchange in partnership with Monmouth Park

SBC News Betfair US launches New Jersey exchange in partnership with Monmouth Park

Paddy Power Betfair (PPB) subsidiary Betfair US has announced that it is set to launch its exchange wagering services for the state of New Jersey, in partnership with licensed racetrack operator Monmouth Park. The partnership sees the first launch of a betting exchange product in the US market, allowing for players to take odds by proposing or matching anonymous trades …

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GamCare – Betting shops back initiative to help problem gamblers in Chinatown

SBC News GamCare - Betting shops back initiative to help problem gamblers in Chinatown

Betting shops in Chinatown are supporting an initiative by GamCare to offer multi-lingual counselling and treatment programmes for anyone encountering difficulty with their gambling. The service, which is provided by GamCare and ‘The Chinese National Healthy Living Centre’ (CNHLC), means confidential counselling services are provided by a team of qualified and experienced counsellors who speak the languages represented in the …

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BOFCON 2016 – Is the betting industry doing enough in the fight against corruption?

SBC News BOFCON 2016 – Is the betting industry doing enough in the fight against corruption?

BOFCON afternoon schedule begins with a panel discussion on the betting industry’s ongoing fight against corruption and match-fixing. Presenting a diverse panel, Suzanne Davies (Director of Clifton Davies Consultancy) outlines the level of multi-stakeholder cooperation needed to undertake any effective fight on the matter. Davies introduces a panel representing the diverse actors/organisations needed in the battle against match-fixing and wider …

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