Featured News

News that the SBC Team choose to highlight

The Betfred Story Part 1: From Humble Beginnings

SBC News The Betfred Story Part 1: From Humble Beginnings

“I’m a businessman, but first and foremost I’m a bookmaker. And I love bookmaking.” UK bookmaker Betfred has grown into a multi-billion pound enterprise, and one that employs thousands across the UK, but this wasn’t always the case. Co-owner Fred Done opened the first shop way back in 1967, in a working-class area of Pendlebury, Salford. In the first part …

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Tech muscle helps bet365 break £2 billion revenue mark

SBC News Tech muscle helps bet365 break £2 billion revenue mark

Filing its 2016/17 corporate accounts (12-month period ending March 2017), independent online betting group bet365 has detailed that it has surpassed the £2 billion revenue mark (2015/16: £1.6 billion). The Stoke-based operator details that during 2016/17 its betting/gaming assets recorded £46 billion in player wagers. The independent firm’s improved revenue metrics would see bet365 declare full-year corporate profits of £503 …

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Catena reports ‘best ever quarter’ as company eyes new market expansions

SBC News Catena reports 'best ever quarter' as company eyes new market expansions

Stockholm-listed industry affiliate marketing network, Catena Media has detailed its ‘best ever trading quarter‘ as the company homes in on full-year 2017 corporate targets. Presenting its first trading update as a Nasdaq Stockholm main market enterprise, Catena would record Q3 2017 (period ending 30 September) corporate revenues of €17.2 million up 61% on corresponding Q3 2016’s €10.7 million. Focusing on …

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Sports betting ban “tramples on state sovereignty” says attorney general

Copyright: zimmytws / 123RF Stock Photo

Texas Attorney General Ken Paxton has described the US federal sports betting ban as unconstitutional, in a statement published by the American Sports Betting Coalition (ASBC). The comments were made in relation to the state of New Jersey’s Supreme Court betting case, in which the state is attempting to partially repeal laws under the federal Professional and Amateur Sports Protection …

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Betway leadership restructure sees Anthony Werkman promoted to CEO

SBC News Betway leadership restructure sees Anthony Werkman promoted to CEO

Online betting firm Betway Group has undertaken a corporate leadership restructure, confirming the promotion of Anthony Werkman current Director of Marketing Operations to Chief Executive Officer. Werkman replaces CEO incumbent Richard Akitt, who has taken the position of Group Chairman, with immediate effect. An experienced industry commercial veteran, Werkman has led Betway marketing operations since 2013, acting as a key …

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John Gordon – Premier Punt – bridging the gap between fantasy football and sportsbooks

SBC News John Gordon - Premier Punt - bridging the gap between fantasy football and sportsbooks

Daily fantasy sports operator Premier Punt credits the integration of its fantasy and sportsbook betting platforms for standing out in in a saturated market. Since being awarded a license by the Gambling Commission in April, Premier Punt has aimed to offer a sportsbook product that is specifically tailored to attract DFS players, focusing on individual player bets.   The operator’s …

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Asia slowdown and bingo delivery issues see Playtech miss 2017 market forecast

SBC News Asia slowdown and bingo delivery issues see Playtech miss 2017 market forecast

Ahead of its Q3 trading update (released on 14 November), FTSE-listed gambling technology firm Playtech Plc has issued a corporate update detailing that it has experienced a slowdown in Asia and problems with the delivery of its Sun Bingo supplier contract. Updating investors, Playtech governance has detailed that the combined impacts will see the technology firm deliver annual profits 5% …

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Peter Woodfine – Total Performance Data – In-play betting is ‘vital for racing’s future’

SBC News Peter Woodfine - Total Performance Data - In-play betting is 'vital for racing's future'

Using innovative global navigation satellite systems Total Performance Data (TPD) aims to expand in-play horse racing betting into the mainstream, whilst opening up betting operators to a vast number of new horse racing betting opportunities. TPD attaches trackers to the saddlecloths of horses and allows operators access to data which was previously not available. The data ranges from sectional times …

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Group Strength…Paddy Power Betfair delivers solid Q3 2017, upping its full-year guidance

SBC News Group Strength...Paddy Power Betfair delivers solid Q3 2017, upping its full-year guidance

FTSE100 betting group Paddy Power Betfair Plc (PPB) has delivered a positive Q3 2017 trading update (period ending 30 September), prompting the group to lift its full-year earnings expectations as the company undertakes a leadership transition. A strong period sports betting performance for PPB’s online and retail divisions saw the firm record a 9% increase in group revenues of £440 …

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