UK

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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Jordan Stevens charged over E8 betting breaches

The Football Association (FA) has charged Leeds United midfielder Jordan Stevens after the player was found to be in breach of the governing body’s regulations on betting. The player was found to be in breach of the FA Rule E8, after placing 59 bets placed by the midfielder during the 2018/19 season according to an FA spokesperson. FA E8 rules on betting …

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GVC donates football sponsorships to Gamble Aware

Ahead of the upcoming football season, GVC Holdings has confirmed that it will be donating a number its current sponsorship deals to GambleAware’s ‘Bet Regret’ campaign. GVC has confirmed that a total of 42 clubs will be donating their sponsorship assets to GambleAware, including: Sunderland, West Bromwich Albion, Burnley, Sheffield Wednesday and Sheffield United. The move comes a bid to …

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Betfair signs Clive Owen to lead exchange marketing campaign

Betfair has teamed up with actor Clive Owen (star of Children of Men, Closer, Sin City) to launch ‘What are the odds‘, a new integrated campaign to mark the brand’s return to marketing the Betfair Exchange. The new campaign has been developed by Leo Burnett London as creative lead and will further roll-out a series of educational films across the exchange’s multiple social and …

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Sue Yoxall: Keeping up to date with technology advancement

Appealing to a younger generation is often the biggest challenge for technology developers, especially given the pace of change to software and trends, explained Sue Yoxall, co-founder and executive director of mkodo. Yoxall, whose company provides apps and user experiences for mobile, online and retail environments in the betting, gaming and lottery sectors, spoke to SBC at the iGB Live! event …

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