Ted Menmuir

FanDuel fantasy sports raises $70 million investment round

New York and Edinburgh based fantasy sports platform FanDuel Inc, has raised $70 million (£42.80 million) in its latest venture funding round. The Edinburgh founded fantasy sports game has received the majority of its latest backing from entertainment and media investment specialists Shamrock Capital.  Prior to the funding round, FanDuel inc had raised $18 million (11.05 million) in investment from …

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Betfair shareholders divided over executive pay & rewards

Following its annual general meeting, nearly a third of Betfair shareholders voted against rewarding the operators executive management. The clash over executive pay comes in the week that Shareholder and corporate governance adviser Pirc had recommended that Betfair investor’s reject the operator’s interim report and accounts at the general meeting, due to the operator’s dividend misconduct over the past three …

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William Hill strengthens social media protections

William Hill has strengthened its player protection initiatives by launching a social media age verification filter. The operator has launched its new initiative to coincide with new changes to UK gambling laws, as the bookmaker aims to promote responsible gaming and best practice throughout its operations. William Hill will monitor engagement on social media channels to ensure that the operator …

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Fuga Gaming partners with Odobo

Fuga Gaming Technologies is the new worldwide and exclusive distributer for UMA Premium games. Predominantly a land-based game provider, it has over 70 titles featured in casinos and on cruise ships all over the world. The software house has excelled at building video slots, table, poker and bingo games, multiplayer systems, amusement with prize games, skill with prize and social …

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Tipico rolls out Betradar’s Live Channel Retail

Betradar, supplier of sports and betting related data,has announced the successful launch of its Live Channel for retail betting shops with the German bookmaker Tipico. Tipico has already rolled out the live sports channel in over 200 shops across Germany with the intention to connect up to 1,000 shops, and expand links in Austria, Belgium and Denmark. Betradar’s Live Channel, …

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Colossus Bets sponsors BiG Sports Dinner Auction

The BiG Sports Dinner taking place at The Dorchester on Wednesday, September 10th, has got the support from more sponsors. Colossus Bets is to become the Auction Sponsor for the event, which will see some great sporting memorabilia auctioned off as well as providing a £2,000 pool bet donation. MyClubBetting has offered to be ‘goody’ bag sponsor, Paypoint has come …

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Eurobet launches new website & marketing campaign

Gala Coral Italian sports betting subsidiary Eurobet has announced the launch of its biggest marketing campaign to date. The Italian sports betting brand are set to target new customers to its recently revamped website, as the operator looks to bring a fresh approach to its marketing, communications and brand coverage. Eurobet Sports Betting Director Carlo Di Maio, revealed to EGR …

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Betfair posts record quarterly revenues & profits

Betfair plc posted its opening Q1 2015 financial performance for the three month period ending 31 July 2014. The London listed operator posted a strong opening which saw net gaming revenues up 30% to £117.3 million (Q1 2014: £90.4 million).  Its sports betting division posted a 30% net revenue increase to £83 million (Q1 2014 £64 million), igaming divisions further …

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Perform Group rejects Access Industries + £700 million offer

Sports data and media rights firm, Perform Group PLC is set to reject the £702 million final offer made by Len Blavatnik’s Access Industries this Monday.  Perform Group’s management and board felt that the offer underrated the company’s future value and potential. Monday 2 September, saw investment conglomerate Access Industries, owners of 42.5% of Perform Group issue a cash buyout …

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