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Worldpay’s Ruth Prior joins William Hill as new CFO

FTSE-listed William Hill Plc continues its executive team restructure confirming the appointment of Ruth Prior as its new Chief Financial Officer (CFO). Prior who joins William Hill, from leading global payments provider Worldpay, where she served as Deputy CFO (2013 -2017), will takeover the operator’s financial leadership duties of Philip Bowcock who last month was promoted to William Hill Group ... Read More »

Betting on Football tackles the trading floor of the future

Trading Panel - #bofcon2017

SBC Events has signed up a quartet of industry big hitters for a hotly anticipated Betting on Football 2017 session on the future of the trading floor in sports betting. GIG Managing Director Christopher Langeland, GVC Holdings Group Trading & B2B Director Jim Humberstone, Betradar Managing Director MTS Paolo Personeni ‎and Danske Spil Head of Sportsbook Jens Nielsen will be ... Read More »

Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

Presenting its full-year 2016 results, Greek gambling operator OPAP details that its financial performance has been impacted by higher tax charges combined with a higher operational outlay as the firm prepares for significant operational changes in 2017 While OPAP sustained total group wagering at €4.2 billion and group gross gaming revenues at €1.39 billion, the firm’s earnings and profit metrics would ... Read More »

Jim Mullen – Size Matters for Ladbrokes Coral future success & value

Presenting a forward-looking statement to investors, Ladbrokes Coral CEO Jim Mullen states that his firm’s executive team must now match its enlarged revenue generating capabilities with market-leading operational efficiencies, in order for the FTSE enterprise to reach its optimal value. Speaking 150 days since officially completing the merger of Ladbrokes Coral, Mullen detailed that 120 senior executives had been presented ... Read More »

NFL owners say yes to the Las Vegas Raiders

Following its annual Franchise Owners General Meeting on Monday 27 March, the NFL has approved for the Oakland Raiders to move to Las Vegas Nevada within the next three years. US business news sources report that NFL Franchise owners voted overwhelmingly (31-1) in favour of a Las Vegas relocation for the Raiders, despite protests from Oakland fans and city officials. ... Read More »

EveryMatrix appoints former bwin CEO Norbert Teufelberger as new board Chairman

EveryMatrix - Copyright: anyaberkut / 123RF Stock Photo

EveryMatrix has completed a €4.3 million strategic investment round and appointed Norbert Teufelberger, former CEO of bwin, as its new Chairman. The company has widened its shareholder base by completing the private strategic investment round with Strawberry Capital, a large Norwegian fund owned by Petter Stordalen. In his new role as non-executive Chairman of the board, Teufelberger will assist with the ... Read More »

4 More Years! Playtech BGT secures Boylesports terminal extension

Updating the market this morning, FTSE-listed Playtech Plc’s sports betting division Playtech BGT Sports has confirmed that it has extended its betting terminals agreement with Irish independent bookmaker BoyleSports for a further four years. As part of the deal, Playtech BGT Sports will supply an initial 325 terminals to Boylesports, taking the total number to over 600 across their 220-strong ... Read More »

Betfred Tote put on notice, as UK racing eyes new pools product for 2018

The Times has revealed that a group of UK racing stakeholders are preparing to establish a rival pool-based betting system to Betfred’s Tote, as the sport looks for new revenue streams. Led by the Jockey Club and Arena Racing Company (ARC), it is understood that 56 of the 60 UK racetracks have committed to the Tote rival venture which will ... Read More »

‘Very successful start’ for combined Ladbrokes Coral

Ladbrokes Coral CEO Jim Mullen has hailed the merged company’s first annual results announcement as a ‘very successful start’ for the enlarged group, with the combined results delivering 11% growth in revenues and a 22% increase in gross profits after tax. The standout performers are Ladbrokes Coral are the Digital division, which saw operating profit increase 125% and European Retail ... Read More »

Penta Investments leads Betting on Football panel on investment opportunities within the betting industry

Penta Investments

Following a year of mass industry consolidation, high-level panelists at Betting on Football 2017 will be discussing whether sports betting is still an attractive proposition for investors. The ‘Managing Risk’ panel at Stamford Bridge on 3 May will feature Valhalla Investments Chairman Mark Blandford, GVC Holdings COO Shay Segev and Dreamworx Online Founder & Investor Christian Edler, alongside Marek Šmrha, ... Read More »