Europe

Adjusted William Hill details confidence in 2019 outlook

SBC News Adjusted William Hill details confidence in 2019 outlook

The governance of FTSE250 betting group William Hill Plc details confidence in its future outlook as the company advances its digital and US market agendas, having adjusted its enterprise to UK regulatory demands. Publishing its ‘unaudited’ trading statement for the 17 weeks to 30 April 2019, the betting  group records net revenues up 2% ‘reflecting a year of transition in …

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SIS boosts Spanish inventory securing Hipodromos ESP deal

SBC News SIS boosts Spanish inventory securing Hipodromos ESP deal

Continuing to expand its international profile, Sports Information Services (SIS) has announced that it has become the exclusive distributor of live pictures and data for Spanish racing after partnering with Asociación de Hipodromos Españoles (Hipodromos). Hipodromos acts as the principal society for Spanish racing, overseeing the management and schedule of six of Spain’s biggest racetracks –  Hipódromo de la Zarzuela, Dos Hermanas, San …

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GambleAware commits a further £3.9m funding towards problem gambling treatment

SBC News GambleAware commits a further £3.9m funding towards problem gambling treatment

Industry charity GambleAware has confirmed that it will be fronting an additional £3.9m in funding towards the expansion of the National Gambling Treatment Service. The funding, which is set to continue for up to three years, will be provided to GamCare and its network of partners across Great Britain. £2.35m of the funding will be allocated to expanding the provision of face-to-face …

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Paddy Power Betfair extends loan capacity to £700 million

SBC News Paddy Power Betfair extends loan capacity to £700 million

Issuing a market filing, FTSE100 betting group Paddy Power Betfair (PPB) has confirmed it has added an additional £250 million to its corporate loan facility. Updating investors, PPB governance details that it has expanded its corporate loan facility to gain ‘further strategic financial flexibility’. The firm’s latest transaction will be added to PPB’s existing £450 million five-year revolving credit facility, …

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SBC signs up Champions League finalist for industry tournament

Mendieta

Spanish football legend Gaizka Mendieta will be playing in the second edition of the SBC Championship, held on Wednesday 22 May at Stamford Bridge. Backed by headline sponsor Trustly Group, alongside supporting partners BetConstruct and Catena Media, the 16-team five-a-side football tournament will once again be officiated by former FIFA and Premier League referee Dermot Gallagher. Midfield maestro Mendieta, who …

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SBC Bookies Corner: European Elections – A Strange Affair…

SBC News SBC Bookies Corner: European Elections – A Strange Affair...

Brexit delays see the UK electorate participate in next Thursday’s European Elections (23 May). With Conservative and Labour parties damaged by their handling of Brexit, does this ‘last UK-EU election’ point towards a new dawn for UK politics? Furthermore, what are the implications of any UK-EU election results – SBC gets the bookies lowdown… ______________ SBC: Both Conservative and Labour …

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Degree 53 revamps Betfred Lotto dynamics

SBC News Degree 53 revamps Betfred Lotto dynamics

Industry, design and innovation studio Degree 53 continues its legacy partnership with Betfred, announcing that it has redesigned the ‘Lotto section’ of the Betfred.com website.   In its update, Degree 53 details that it has revamped frontend and backend capabilities with a ‘mobile-first strategy in mind’ delivering a fully responsive experience across web, tablet and mobile devices. Product upgrades see …

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Blackstone eyes ‘IPO on the horizon’ for CIRSA

SBC News Blackstone eyes 'IPO on the horizon' for CIRSA

A year following its €2 billion acquisition of Grupo CIRSA, US private equity fund Blackstone Group, is reported to be assessing ‘future options’ for the Spanish market gambling group. Spanish business news source Economia Digital, reports that Blackstone eyes an ‘IPO on the horizon’ for its CIRSA vehicle. Blackstone, which maintains one of gambling’s biggest investment portfolios, is reported to …

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Luckbox rolls out beta testing

SBC News Luckbox rolls out beta testing

Luckbox, an enterprise seeking to disrupt and lead esports wagering outright, has announced the rollout of its ‘beta phase’ platform, taking onboard its first real money players. More than a year in development, Luckbox opens its betting platform to a set number of players, who will test the firm’s wagering capacities. In its product notes, Luckbox details that its aims …

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