bwin.party senior management have spoken out against activist investor SpringOwl’s proposed board nominations. The investment vehicle, which currently owns 5.25% of bwin.party shareholdings, had criticised the operator’s management, claiming that it needed new strategy and experienced technology managers in order to create future company value and growth. SpringOwl led by US finance and equity analyst Jason Ader, moved to add …
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With the announcement of Manchester United’s record breaking initial £44.75m per year shirt deal with Chevrolet, a time when teams played without commercial association in just their club’s colours seems a world away from the modern game. You needn’t look back far however; it was not until 1977 that the FA lifted their official ban on kit sponsorship and today …
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Two weekends of winning favourites on the football has severely impacted William Hill’s Q1 figures, with the bookmaker announcing a 14% drop in operating profit for the period. The two weekends of ‘unfavourable sporting results’ saw a 25% drop in operating profit for the firm’s retail business and a 6% drop in its online sportsbook. However the firm also marked …
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International Game Technology (IGT) – manufacturer of slots and gambling software, has posted its 2014 Q2 earnings report in which the company reported a 66% decline in earnings. During the quarter, IGT posted a net income of $25.7 million, compared to the $78.2 million generated in the same three-month period in 2013. Further bad news regarding corporate performance saw the …
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Gibraltar government officials are set to launch an urgent review into its telecom infrastructure following the Easter Sunday fire at the Water Port Station. The fire disrupted the services and operations of numerous igaming operators, including Betfred, BetVictor and Ladbrokes. Website operations were affected by the fire as several operators could not accept wagers on a busy Sunday of sports …
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Ahead of the Betting on Football Conference – Team SBC caught up with Emmie Faust, Business Director of MC&C Media, to discuss igaming and sports betting marketing trends and impacts. Emmie is an igaming marketing veteran, who set up the first dedicated igaming marketing agency in 2005 – Jack Media London. Jack Media recently merged with MC&C to create MC&C …
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Activist Investor Spring Owl, the investment vehicle that acquired 5.3% stake in igaming operator bwin.party , put fourth their selection of board representatives it feels will drive the operators performance forward. Spring Owl, headed by investment and equity banker Jason Ader are currently the operators second largest investor after purchasing its bwin.party shareholdings at the start of 2014. Spring Owl’s …
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Betfair have confirmed the promotion of Mark Brooker to Chief Operating Officer, Brooker steps up from his previous position as Director of Sports Betting. Brooker has been involved within Betfair operations for more than five years, looking after sports betting initiatives and corporate development for the operator. Betfair’s appointment of Brooker, will see him become responsible for the performance and …
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The title of Best Football Bookmaker will be duked out between Bet365, BetVictor, Paddy Power, Pinnacle Sports and SkyBet at the Betting on Football Awards on 8 May (click here to view finalists case studies). Voting for the award, which is sponsored by BetConstruct, is now open at http://www.sbcnews.co.uk/bettingonfootball/awards The winner will be decreed by the weight of votes …
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Ahead of the Betting on Football Conference – 8th of May Stamford Bridge, Team SBC catches up with Mark Davies of Camberton Public Relations to discuss marketing context and brand management ahead of new legislation for igaming and sports betting operators. Mark Davies is an expert at gaming and sports betting public relations, corporate communications, reputation management and stakeholder management. …
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