UK

UK News

Back Again…PIRC warns against Paddy Power Betfair executive compensation

SBC News Back Again...PIRC warns against Paddy Power Betfair executive compensation

Shareholder advisory Pensions & Investment Research Consultants (PIRC) has again criticised Paddy Power Betfair (PPB) governance regarding executive rewards and bonus arrangements, ahead of the FTSE firm’s annual general meeting this Wednesday. PIRC advises PPB investors to reject the firm’s remuneration report, due to concerns regarding the ‘termination arrangements’ for PPB governance and leadership. The shareholder advisory points to last …

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PKR appoints administrators as company files for bankruptcy

SBC News PKR appoints administrators as company files for bankruptcy

The management of embattled online poker room PKR (PKR.com) has informed the market that it has appointed administrators as the company officially files for bankruptcy. Issuing a website update, PKR has informed that following a review of its financial arrangements, the operator has appointed David R Taylor and Matthew RM Wild of RSM Restructuring Advisory LLP as joint ‘PKR Technologies’ …

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Latest Casino Bonuses strengthens bingo position with TwoLittleFleas acquisition

SBC News Latest Casino Bonuses strengthens bingo position with TwoLittleFleas acquisition

Online casino review portal Latest Casino Bonuses (LCB) has informed that it has moved to strengthen its online bingo inventory by acquiring affiliate website TwoLittleFleas (twolittlefleas.co.uk) for a total consideration of $835,000. Updating the market, LCB founder Joshua Chan and Co-CEO Nikola Zugic stated that TwoLittleFleas online bingo review portal would be added to the growing LCB network, which focuses on …

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Betsafe UK goes big for boxing this May

SBC News Betsafe UK goes big for boxing this May

Betsafe UK, has announced that it will be the headline sponsor of two boxing world championship bouts this May as the online bookmaker goes ‘big for boxing’. Starting this Saturday 13 May, Betsafe, which currently holds a 3/5 performance rating on Bookmaker Ratings, will sponsor the WBA Super Flyweight fight between champion Khalid ‘Kal’ Yafai vs Japan’s Suguru Muranaka at …

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Mad For It…bet365 seeks 90 new tech recruits for Manchester expansion

SBC News Mad For It...bet365 seeks 90 new tech recruits for Manchester expansion

Independent online bookmaker bet365 has informed the market that it is seeking an additional 90 new recruits for its Manchester ‘Spring Gardens’ technology hub. Opened last April 2016, the bet365 Manchester hub acts as a technology support and development arm for the firm’s HQ in Stoke (Staffordshire). The technology hub’s development has been led by Warren Hughes, bet365’s Head of …

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Ladies First…bet365 secures Silk Series betting partnership

SBC News Ladies First...bet365 secures Silk Series betting partnership

Arena Racing Company (ARC) has announced that bet365 will be the official betting partner of its Silk Series promoting female horseracing. The Silk Series which hosts its inaugural race at Lingfield Park this afternoon, is a new initiative that sees female jockeys, both professional and amateur, compete in races hosted on nine Ladies Days across ARC racecourses in 2017. Lingfield Park …

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Betfair – Trump’s odds on 2017 exit plummet following controversial Comey FBI sacking

SBC News Betfair - Trump’s odds on 2017 exit plummet following controversial Comey FBI sacking

Betfair Politics has informed that the odds on Donald Trump departing/resigning from office have plummeted following the US President’s controversial decision to sack FBI Director General James Comey. Updating US political markets, Betfair Politics has now priced Donald Trump to leave office before the end of his first term at ‘evens money’ (50% Chance). Following the shock decision to fire …

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ASA bans Bear Group Daily Star Wins TV advert

SBC News ASA bans Bear Group Daily Star Wins TV advert

The UK Advertising Standards Authority (ASA) has banned a TV advert by online casino operator Bear Group Ltd promoting casino white-label brand Daily Star Wins (StarWins.com). The advertising watchdog deemed that the TV-advert ‘Star Wins 30’ produced by Bear Group breached UK gambling services promotional standards on the counts of ‘objectifying woman’ and suggesting that betting can enhance consumer ‘personal …

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