Ladbrokes has this morning informed that ‘Children with Cancer UK’ will serve as its new Charity Partner, agreeing on a three-year arrangement which will see the bookmaker raise funds to help the organisation improve survival rates of young patients. Children with Cancer UK has been selected by Ladbrokes staff and will see the bookmaker utilise its marketing assets and sports …
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Filing its 2017/18 corporate accounts with Companies House, UK bookmaker Betfred has declared an operating loss of £40 million. Publishing its corporate performance for the year-ending 30 September 2018, Betfred governance has attributed circa £120 million in ‘exceptional costs’ attached to retail writedowns, as the bookmaker is forced to adjust to UK betting’s FOBTs £2 wagering reduction. The results see …
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Online gambling operator Gamesys (Gibraltar) Limited will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations, the UK Gambling Commission (UKGC) has announced this morning. Gamesys operates the newly launched Virgin Bet, sports data site Live Score and a range of further igaming sites. The regulator launched an investigation into the operator’s processes after police investigations revealed …
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Leeds based marketing agency Bark&Bite has confirmed to UK business news sources that it will no longer act as lead creative agency for FTSE bookmaker William Hill Plc. Bark&Bite Managing Director Christian Knowles-Fitton has confirmed to Prolific North that the agency will no longer maintain William Hill’s creative marketing accounts, ending a seven-year partnership. Moving forward, William Hill leadership is expected …
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BetVictor, one of the leading online betting employers of Gibraltar, has restated its commitment to the British Overseas Territory by launching a new local recruitment campaign. Gibraltar has been home to BetVictor’s head-office and operational headquarters for the past twenty years, supported by tech hubs in London and Budapest. Issuing a market update, BetVictor leadership confirms that it has launched …
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This week’s 6 of the Best comes from, Patrick Everson, senior writer at Covers.com. In the latest edition we see an American twist regarding a favourite holiday, a love of one particular NFL franchise and which album saw every song tell “an incredible story”. Best Holiday Christmas, for certain. It never goes out of style. Midnight Mass, at which my daughter always …
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Spanish business news source El Confidencial reports that the governance of Grupo Codere SA has sanctioned investment bank Credit Suisse to lead its corporate refinancing, as the Bolsa Madrid gambling group reviews its South American options. The Swiss multinational bank is reported to have been given a two-fold mandate by Codere governance, being ordered to raise capital for new expansion …
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Bolsa Madrid gambling firm Grupo Codere SA is set to host a ‘critical showdown’ at its annual general meeting set for Monday 26 July, as corporate stakeholders seek to settle the governance dispute between US debt holders and the enterprise founding Martínez Sampedro family. Spanish business news sources report, that Codere investors will seek to remove Martínez Sampedro board representatives’ …
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Affiliate giant Catena Media beat all comers at Stamford Bridge on 22 May to be crowned champions of the third annual SBC Championship. Over 140 representatives from the sports betting industry made up 16 teams at this year’s tournament, which was sponsored by innovative payments firm Trustly. And it was the Trustly team that was pipped in the final, with …
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As the UK retail betting scene contracts, Irish independent bookmaker Boylesports is fulfiling its long-term corporate ambition of entering the market with the acquisition of Midlands bookmaker Wilf Gilbert. Ireland’s second largest betting firm has agreed to acquire UK independent bookmaker Wilf Gilbert’s thirteen retail betting properties, however the two firms are keeping mum on the money involved, only citing an ‘undisclosed sum’ . …
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