Bookmaker group Paddy Power Betfair has released a proposition to rebrand the group as Flutter Entertainments in a bid to reflect the group’s growing brand portfolio. In a release of the group’s preliminary full-year 2018 results, the group outlined that its recent merger and acquisition drive meant that a rebrand would be essential in order to represent its global range. …
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Player props from DST to drive Neds Australian market growth
Digital Sports Tech (DST) has agreed a deal to launch its Props Data Feed service with Neds, which will enable the operator to deliver the most extensive player props portfolio in the Australian market. Integration of this low latency push service feed for Neds – part of the GVC stable of online brands – is powered by DST’s industry-leading props …
Read More »Paddy Power Betfair seeks ‘global podium position’ following year of strategic investments
FTSE100 betting group Paddy Power Betfair (PPB) has published its preliminary full-year 2018 results, detailing that the firm has made progress on its global agenda, whilst navigating UK home market complexities. PPB maintains its corporate revenue growth at £1.87 billion (FY2017: £1.74bn), with the betting group detailing robust digital revenues of £948 million (FY2017: £898m), combined with an underlying digital …
Read More »Morena Mexico propositions returning gambling back to the government
Ministers of Mexico’s ‘Movimiento Regeneración Nacional (Morena)’ social democratic party have pushed forward a proposition mandate, seeking to revamp Mexican gambling laws. Morena forms part of Mexico’s social reform coalition government, sharing its legislative agenda with the PT Labour Party. Issuing a public communique, Morena has propositioned that Mexican gambling laws be withdrawn from state assemblies, with full regulatory authority transferred …
Read More »Scientific Games pursues further $1 billion debt note
Issuing a market update, Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has announced that it will move to offer (subject to market conditions) $1.1 billion in senior unsecured debt notes. SGC’s latest debt transaction will be offered to private investors through wholly owned subsidiary Scientific Games International, with the technology group detailing that the unsecured debt notes will be …
Read More »SportPesa nets principal sponsor extension with Hull City
Championship football team Hull City AFC has announced a one-year extension to its existing sponsorship deal with online bookmaker SportPesa. The extension will now see SportPesa continue its principal partnership with The Tigers through to the 2019-20 season. The sports betting firm, who also feature on the shirts of Premier League club Everton, has been the Tigers main shirt sponsor since 2016. Adam …
Read More »New Malta hub to power William Hill’s ‘digital multi-market’ vision
FTSE250 bookmaker William Hill will move to a new multi-brand operating structure, focusing on delivering long-term international digital growth, led by new asset Mr Green’s Malta hub. Operating an expanded portfolio which has absorbed the brands of Mr Green, RedBet and further acquired igaming domains, William Hill has established a new Malta ‘integrated team’ leading expansions across established European and …
Read More »Golden Race launches new Live Keno TV channel for Africa
The new Live Keno TV satellite channel from Golden Race is now exclusively live for the African gambling market, having replaced the firm’s existing Dog Race/Keno satellite solution. The channel is a betting solution, specially designed for African countries with limited internet connection, which airs the popular Live Keno Deluxe lottery game from Golden Race’s certified and licensed professional studio …
Read More »Betting on Football conference sharpens agenda around key sports betting topics
The latest agenda has been revealed for the sixth edition of the Betting on Football conference, being held at Chelsea FC’s Stamford Bridge from 19-22 March, which provides an insight into some of the key topics to be discussed at this year’s event. Betting on Football is the only trade conference that brings together decision makers from international operators to …
Read More »Brexit upheaval sees GVC shift focus to Ireland and Malta
With negotiations between the UK and the European Union (EU) still ongoing, and only 24 days until the formal departure date, GVC Holdings (GVC) has released its Brexit contingency plans which will see the online gambling company alter its operational strategy. No deal has yet been reached between the UK and the EU, and so it is difficult to say what …
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