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Sportech CFO Cliff Baty joins Manchester United

SBC News Sportech CFO Cliff Baty joins Manchester United

Manchester United has this morning announced the appointment of Cliff Baty as its new Chief Financial Officer. Baty joins the Premier League club, having led racing operator Sportech Plc’s financial operations as group CFO since 2013. Baty further served as a member of the Board of Director’s for the betting operator. A gaming and leisure veteran, Baty has held senior …

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Bernard Marantelli – Colossus Bets – Year 2…

SBC News Bernard Marantelli - Colossus Bets - Year 2...

Finalising its second year in full operations, SBC caught up with Colossus Bets CEO & Founder Bernard Marantelli to discuss his start-up’s progress under changing market conditions. Focusing on in-house product development capabilities, Colossus Bets has released a series of new features and innovations in 2015, marking itself as an effective and unique industry start-up. Marantelli details how his company’s …

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Caledonia Investments acquires Gala Bingo retail division for £241 million

SBC News Caledonia Investments acquires Gala Bingo retail division for £241 million

Gala Coral has this morning announced the sale of its Gala Bingo retail division to private trust Caledonia Investments for a total consideration of £241 million. The sale of the division is expected to be completed within two months, upon approval from the UK Gambling Commission. Under its new ownership Gala Bingo Retail will retain Simon Wykes as its CEO. …

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Paddy Power Retail MD Christian Woolfenden exits

SBC News Paddy Power Retail MD Christian Woolfenden exits

The Irish Independent has reported that Paddy Power Retail Managing Director Christian Woolfenden has left the operator, moving back to the UK. The newspaper reports that, Head of Retail Operations Dan Taylor, will fill the role vacated on an interim basis. Woolfenden leaves Paddy Power following five years’ service, primarily as Chief Marketing Officer (2010 – 2014). During his tenure …

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Saturday punters furious as Betfair exchange suffers severe downtime

SBC News Saturday punters furious as Betfair exchange suffers severe downtime

The Betfair betting exchange suffered severe downtime on Saturday afternoon, leaving eager punters furious with the operator’s services. A jam packed sports schedule, which featured afternoon Premier League matches and the Rugby World Cup semi final between New Zealand Vs South Africa proved to be too much for the betting exchange servers to handle. The embarrassing incident for Betfair, would …

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Unibet – RWC 2015 to break all rugby wagering records

SBC News Unibet - RWC 2015 to break all rugby wagering records

Despite host nation England not qualifying out of the group stage and no home nation’s side making the semi-finals, Unibet states that it had been delighted by Rugby World Cup 2015 trading. Detailing market performance Ed Nicholson, Head of Unibet UK Marketing Operations commented that RWC 2015 will likely become the bookmakers biggest ever rugby market. “We have been delighted with trading …

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eCogra expands new testing compliances

SBC News eCogra expands new testing compliances

London-based independent online gambling advisory and compliance testing specialist eCOGRA has expanded its services by adding the third party vulnerability and penetration testing required by most leading regulatory jurisdictions, such as the United Kingdom, Italy and Spain. The required test regime involves a number of assessments conducted at both the operator’s and software provider’s network security layer and host security …

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Matchbook Traders Conference donates ticket proceeds to ‘Right To Play’ charity

SBC News Matchbook Traders Conference donates ticket proceeds to 'Right To Play' charity

The first annual Matchbook Traders Conference which took place last week saw sports enthusiasts  from across the globe come together to learn and share their experiences in sports trading, and  support Right To Play who were presented with a cheque of funds raised from ticket sales which has been accepted by Neil Child-Dyer, Partnerships Manager at the charity. With operations in …

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Ladbrokes gains investor confidence despite earnings downturn

SBC News Ladbrokes gains investor confidence despite earnings downturn

Despite forecasting a 57% drop in Group EBIT earnings for its Q3 2015 performance, Ladbrokes Plc shares recorded an 8.7% gain on yesterday’s FTSE trading (closing price 109.05p per share). Presenting the operators performance guidance, CEO Jim Mullen outlined that Ladbrokes was in the process of implementing an “organic plan to aggressively invest and grow our recreational and multi-channel customer base …

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