UK

Paddy Power launches ‘Liquid Football’ with Joe Media

Entering a new football season, Paddy Power marketing continues to develop deeper content-led propositions seeking to drive deeper engagement with football audiences UK Marketing news source The Drum has revealed that Paddy Power has developed new social media show ‘Liquid Football’, in partnership with leading digital publisher Joe Media.  The ‘long-form’ video and audio show is hosted by Sky Sports …

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William Hill embarks on transitional journey posting group losses of £63m

Publishing its interim 2019 results (26-week period ending 2 July), FTSE250 William Hill Plc details solid progress on the firm’s five-year business transformation strategy (announced November 2018) focusing on the three core areas of digital expansion, US market growth and retail realignment. Updating investors, William Hill stated that H1 2019 trading reflected the ‘different challenges and opportunities’ that the group …

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Racing tech trio launches AllSported trading solution

As disclosed this week, the triumvirate of racing stakeholders, Racing Post, TXODDS and Banach Technologies have today launched new trading solution ‘AllSported’, a joint-venture seeking to optimise all bookmaker racing markets. The three-way venture will see the companies combine their expert competencies and knowledge of horseracing, seeking to deliver the industry’s best-in-class trading solution for bookmaker clients. The AllSported ‘made-to-measure’ …

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UKGC outlines changes to LCCP following open consultation

The UK Gambling Commission (UKGC) has outlined a number of new licence conditions and codes of practice (LCCP) following an open consultation with the wider industry.  The new LCCPs will look at ‘raising standards for alternative dispute resolution (ADR), strengthening requirements on how licensees identify and interact with customers who may be at risk of or experiencing gambling harms, and …

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Flutter sees 24% drop in profits bitten by global regulatory demands

Flutter Entertainment Plc, the rebranded entity of Paddy Power Betfair, has seen its interim H1 2019 profits before tax drop by 24%, as FTSE100 betting group cites changes in regulations and taxation as the lead factor in its year-on-year performance decline. Operating its enlarged portfolio of Paddy Power, Betfair, FanDuel (US), Sportsbet (AUS) and the recently acquired Adjarabet (CIS), Flutter saw …

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Racing attendance boosted by 2% according to HBLB figres

Recent figures published by the Horserace Betting Levy Board (HBLB) have shown that interest in british horseracing has continued to grow, as both total and average attendance for the first half of 2019 Figures have indicated that there has been a two per cent rise in attendances, with total attendance reported to be 2,801,512. Average attendance per fixture has also …

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BHA makes minor cuts to racing calendar in 2020 fixture list

The British Horseracing Authority (BHA) has confirmed that it will be making minor cuts to the upcoming 2020 fixture list, despite a number of concerns over long-term betting levy contributions.  As the anticipated number of betting shop closures is expected to hit levy contributions hard, the BHA has been placed in a difficult position of maintaining a balance between the …

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RMG optimistic following glorious Goodwood success

The partnership between Racecourse Media Group (RMG) and Goodwood Racecourse led to the successful broadcasting of last week’s Qatar ‘Glorious’ Goodwood Festival.  The five-day meeting, which was broadcast worldwide, had attracted additional interest from North America, and with the sport seemingly growing in popularity in that region of the world, organisers are hoping the increased interest continues. When asked about …

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Oddschecker reports boost in betting volume for H2

Sports betting affiliate and media portal Oddschecker has seen volume of bets placed on its site jump by 20 per cent since last year, as explained in its H2 results.  As published in the results, activity on the Oddschecker platform has grown, with activity on mobile and desktop products for both football and racing has seen a 23 per cent …

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Kester Capital backs management buyout of ComplianceOnline

Industry publisher and market intelligence services provider ComplianceOnline begins a new era, as London investment fund Kester Capital a specialist in a ‘primary buyouts’ has backed a management buyout of the company. The publishing group of Gambling Compliance and PaymentsCompliance industry portals, ComplianceOnline offers legal, regulatory, and risk management oversight for global betting incumbents. Completing its transaction, Kester’s investment team …

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