bwin.party published its H1 interim results for 2014, the operator saw total revenues fall to €317.1 million, down from €342.5 million year on year, for their opening six months of 2014 (reporting period ending 31 June). The operator has described its performance as mixed, seeing sports betting revenues increase by 7% to 127.4 million (H1 2013 – €119million), whilst reporting …
Read More »UK
UK Government to review Horseracing Levy framework
The UK Government is set to launch a ten week consultation into the possible reform of the horseracing levy. UK sports minister Helen Grant, had asked the government to review the current framework of the levy, stating that it had been in need of a review and possible reform for some time. Grant commented “”Horseracing and betting have grown together …
Read More »Betfred launches new nationwide marketing campaign
Manchester sports betting operator, Betfred has announced the launch of a new multi channel / muti content marketing campaign, created by new creative agency Brothers and Sisters. The new campaign named ‘the dudes’ will replace the existing Betfred “you’ll love a bit of Betfred” campaign, as Betfred look to promote it’s sports betting offers to a new audience. The campaign …
Read More »UKGC imposes penalty on Camelot
The UK Gambling Commission (UKGC) has found Camelot UK Lotteries Ltd (Camelot) in breach of its licence to operate the National Lottery and has imposed a financial penalty of £100,000, following the initial miscalculation and subsequent communication and publication of an incorrect National Lottery Lotto jackpot prize amount in October 2013. After a full investigation, and taking account of representations …
Read More »Paddy Power profit hit by customer friendly results
Paddy Power’s operating profit fell by 14% to €60.1 millon (£47.83 million) during the first half of the 2014, the betting and gaming operator stated that it had been hit a run of unfavourable results. The operator stated that despite a poor first half to 2014, it expected a stonger second performance, despite an €11m headwind from product fees, new …
Read More »ASA reprimands Ladbrokes over Christ the Redeemer advert
The UK Advertising Standard Authority (ASA) has reprimanded Ladbrokes for causing offence by displaying an advert for betting exchange subsidiary Betdaq in which Rio de Janeiro’s Christ the Redeemer statue is wearing a Betdaq purple and white football shirt. The advert which ran during this summer’s FIFA World Cup in Brazil, was displayed on the Betdaq.com website, and featured the …
Read More »SG Gaming completes Ladbrokes rollout of Clarity terminals
SG Gaming, a division of Scientific Games Corporation (Nasdaq: SGMS), has completed the rollout of its new Clarity® cabinet to the Ladbrokes estate. The Clarity® cabinet was installed in all 2,228 Licensed Betting Offices in Ladbrokes’ estate and is a key element in the Ladbrokes 2014 strategy for maintaining a strong offer within the sector. The provision of SG Gaming’s …
Read More »Betfair partners with Sphonic for ID & KYC services
Betfair chooses London based Sphonic’s innovative Identity & Risk Management solution, designed ‘to solve industry-wide challenges in digital identity management and fraud prevention. Sphonic’s Workflow Manager (WFM) solution from Sphonic will enable Betfair to build a complete digital picture of each of its customers, allowing them to combine data from a variety of sources for unparalleled visibility over their user …
Read More »888 sees revenues up 13% in H1 2014
888 Holdings posted 13% rise in yearly revenues to $225 million (£135 million) for its H1 2014 results. The igaming operator said its record performance was driven by strong growth across B2C product channels, which accounted for $193 million of company revenues. 888 Holdings adjusted earnings before interest, tax, depreciation and amortisation rose by 27% to $49 million (£29.5 million) …
Read More »Sky Bet adds Playtech games & live dealer content
BskyB managed igaming operator Sky Bet announced a multi-content casino games partnership with igaming software developer Playtech. The games partnership will see Sky Bet products offering a full catalogue of popular Playtech casino, additionally Sky Bet will also integrate Playtech’s live dealer casino games. Sky Bet announced that its players would have access to Playtech’s full casino games library which will …
Read More »