Online bingo and games operator Tombola has committed £5 million towards building its new headquarters in the city of Sunderland (County Durham). Speaking to North East news sources, Phil Cronin founder of Tombola stated that he wanted to build the ‘best business campus’ for the city of Sunderland. At present Tombola, which runs the UK’s most popular online bingo room …
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Increased costs and taxes see Betfred ‘in the red’ for 2015
Despite increasing corporate revenues to £10 billion, UK bookmaker Betfred has posted an operating loss of £76.6 million (52-week period ending 27 September 2015). Filing its annual return with UK Companies House the Manchester-based operator reported that its financial performance had been impacted by increased gambling taxes which lowered operating margins. Furthermore, the bookmaker like its industry competitors was hit …
Read More »UKIP Evans backs Leadsom with £500 Star Sports charity wager
Prominent UKIP leadership candidate Suzanne Evans has put party politics on hold and backed Andrea Leadsom’s bid to become Conservative party leader. Evans accepted a free £500 charity bet from Star Sports and backed Leadsom at odds of 5/2. All the winnings will go to Lipoedema UK, a charity that Evans has run since 2011. Evans said of the news: “I’m …
Read More »Euro 2016: Can Germany keep a semi-final clean sheet for the first time?
With the semi-finals about to kick in at Euro 2016 tournament, SBC brings some more bite-size facts about teams in the final four, as provided by iSportGenius. Portugal vs Wales: Kick-off Wednesday July 6, 8:00pm BST Seven of the last 11 semi-finals at the UEFA Euros have gone to extra time, five of which went to penalties. Each of Portugal’s last …
Read More »Nico Jansen: People are interested in David vs Goliath stories
BetITBest CEO Nico Jansen, who is speaking at this week’s World GES in Barcelona, reflects on the advantages of a strong Germany squad at Euro 2016 for his business. How has business been during the Euros? Is Germany’s progression good for BetITBest? In terms of our traffic, which mostly comes from Germany, the progression of the German team is quite good …
Read More »ESIC Commissioner Ian Smith – This is a call to arms for esports
The newly formed Esports Integrity Coalition (ESIC) was announced today with Ian Smith named as Commissioner. Its remit is to bring an end to the culture of match fixing, doping and general cheating which impacts betting, which has plagued esports over the years, and more so as potential windfalls have grown considerably in the recent past. The initial list of members …
Read More »Dafabet extends sponsorship deal with Sunderland AFC
Dafabet has announced that they have agreed a new deal to continue as Sunderland AFC’s main sponsor until at least 2019. The company first announced the partnership with Sunderland in the summer of 2015, and will become one of the longest serving principal partners in the club’s history. As part of the deal, Dafabet will undertake a number of match day, …
Read More »ICE 2016 secures top three business exhibition ranking
ICE 2016 ranked in the top three business exhibitions to have taken place in the UK over the past 12 months, according to figures from research agency Fusion. The agency applied the Net Promoter Score (NPS), a metric used by Apple and Amazon to measure the level of customer satisfaction, with ICE 2016 recording an NPS of +53 from exhibition …
Read More »Bookies’ Corner – The Brexit Fallout
The fallout from perhaps the most important political event for the UK in our lifetime has continued this week with Leave campaigner and former UKIP leader Nigel Farage stepping down. With David Cameron also having resigned, and Boris Johnson announcing he won’t be standing in the race for the next Prime Minister, the political betting markets have been in overdrive. In …
Read More »Cherry AB secures €50 million bond for ComeOn investment
European igaming operator Cherry AB has confirmed that it has decided to issue a four-year senior secured bond in the amount of €50 million, with maturity on July 11, 2020. The net proceeds will be used to partly finance the acquisition of 49% of the shares in ComeOn Malta Ltd (tranche one) with an option to acquire the remaining 51 % …
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