Just over a week ago, a Starbucks barista on $15,000 a year picked up nearly $1 million after winning the biggest pro football handicapping contest in the world. Damon Graham correctly predicted all five games on the final day of the NFL season to beat some of the top sports bettors in the world to the $895,482 first prize, the …
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FTSE-listed gambling technology provider Playtech Plc has this morning confirmed that group CFO Ron Hoffman will be transferred to the position of Chief Executive for its financial services division. The transfer will see Hoffman further step down from the board with immediate effect. Hoffman’s group leadership position will be replaced by current Head of Investor Relations Andrew Smith. Playtech governance …
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Christmas 2016 will be a festive period to forget for betting operators, as the industry counts the cost of December’s congested English football schedule. Closing its 2016, betting operators are reported to have been hit by industry-wide losses of over £100 million as heavily backed football favourites won their respective matches, with some bookmakers expected to report losses of circa …
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SBC Events has committed to making the international Betting on Football 2017 its best conference yet, by providing ‘an unforgettable business and networking experience’ for more than 800 senior executives from 40+ countries. For the first time, Betting on Football (BOF 2017) will be spread across two days at Chelsea’s Stamford Bridge from 3-4 May. Included in a delegate ticket is …
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A tough December has seen FTSE 250 operator William Hill Plc issue a second profit warning for its full-year 2016 guidance following a set of ‘customer friendly’ results in its football and racing markets. Publishing a trading update, William Hill governance detailed to investors that closing its full-year 2016 performance, the firm’s earning guidance would be ‘at the bottom end’ …
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FTSE-listed bookmaker GVC Holdings (GVC) has today confirmed that Roni Maman will be joining its organisation taking up the newly-created role of VP Business Operations. The new role will include responsibility for the operator’s corporate structure, executing business processes and the planning and strategy of GVC syndicated brands’ customer services. Maman brings extensive experience in operations and a strong and …
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Seeking to expand its corporate presence within the Australian online betting sector, William Hill will implement a multi-brand strategy for the saturated market by reviving dormant brand Centrebet (Centrebet.com). The FTSE-listed bookmaker had acquired the Centrebet brand through its £450 million acquisition of online competitor Sportingbet’s ‘regulated market’ assets in 2013. The move to revive Centrebet will likely surprise …
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The third round of the FA Cup gets underway at the weekend and whilst this means a shot at glory for those outside the Premier League, it means something different for the bookmakers. Does an FA Cup weekend mean more or less betting volume these days? How do you promote a weekend of games to a bettor who doesn’t know …
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Financial betting site BetOnFinance.com has launched a new game allowing players to bet on which CEO will depart next. Punters have long been able to bet on the next football manager to get the sack, and now BetOnFinance is giving its customers the opportunity to predict the next CEO to leave their current company, allowing them to bet on one of …
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William Hill has called on the British Horseracing Association (BHA) to refund bookmakers after a stewards mistake at Lingfield yesterday left them out of pocket. A foggy meeting saw a photo finish in the 2.55 for third place between the 20/1 Elementary and the 7/1 Sun Angel, with Elementary declared as third. However an inquiry at the end of the …
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