City analysts are eagerly awaiting Paddy Power Betfair’s (PPB) H1 2016 financial update on Wednesday 24 August, as the newly listed FTSE operator updates the market and its investor on merger progress. Close attention will be paid to PPB’s ongoing convergence strategy, as the company has undertaken a series of restructures to its marketing and operational divisions with PPB governance …
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Worldpay records 20% Premier League boost in bumper weekend for bookies
The Premier League returned this weekend past with plenty of fixtures to whet fans’ appetites for the 2016-2017 season. Data from Worldpay revealed a mammoth 20% rise in the number of bets placed on opening day compared to last year, with more fans than ever hoping to win big as the world’s most watched football league returned.* Following Leicester’s fairytale league …
Read More »BOS Speaker Profile: James Watson – Sportradar – The skins volcano
Esports form a notable part of the agenda at Betting on Sports (#bettingonsports) next month, and with a plethora of issues to discuss and debate it’s no great surprise why. One industry expert is Sportradar’s James Watson. James will be on a panel alongside Pavol Krasnovsky, founder of RTSmunity, exploring how live betting can work in an esports environment. In …
Read More »Unibet – Diaz vs McGregor 2 to break UFC wagering records
This Saturday’s UFC 202 main event between Nate Diaz vs Conor McGregor 2 has divided the world of mixed martial arts as to who will win this Saturday’s much-anticipated rematch. In 5 March, Diaz who took the fight on ten days notice shocked the world of fighting by submitting McGregor to a second round choke-hold ending the boisterous Irishman’s unbeaten run …
Read More »Caesars settles over restructuring plan with CEOC bondholder
Updating the market, Caesars Entertainment Corporation (CEC) has announced that it has settled one of several bondholder lawsuits filed against debt holding subsidiary Caesars Entertainment Operating Company (CEOC). Filing a Securities and Exchange Commission notice on Wednesday, CEC governance detailed that it had settled with creditor Frederick Barton Danner a 6.5% bondholder in CEOC notes. Danner representatives have confirmed that they …
Read More »Major merger off after William Hill refuses to play ball with 888 and Rank
888 Holdings Plc and The Rank Group Plc are withdrawing their proposal for a three way merger with William Hill, citing an inability to ‘meaningfully engage’ with the bookmaker’s board on the issue. 888 CEO Itai Frieberger said: “We are disappointed that the board of William Hill did not share our vision of the combined businesses. We believe that there …
Read More »SBC Events welcomes Ricky Hatton to The BiG Sports Dinner
Ricky ‘The Hitman’ Hatton will be attending The BiG Sports Dinner in London on Friday 16th September. SBC Events has teamed up with the BiG Foundation to co-host the third annual dinner, and attract a raft of sporting superstars, which include the WBA, IBF, IBO and British boxing champion. Ray Parlour, who made 25 appearances in Arsenal’s 2004 ‘Invincibles’ campaign, …
Read More »Three winners for Paddy as bettingexpert charge is ‘Postponed’
Paddy Power and Timeform shared the spoils in the Tipster Challenge at York, with both returning a highly creditable 9.71 points. A trio of winners for Power, Director of Communications for the Irish bookmaker, helped the Guests to open up a 25.50-point lead at the top of the leaderboard. Across the day, our experts were only able to record points …
Read More »Lottery ‘Record Breaking Year’ lifts Tatts Group 2016 performance
Presenting its 2016 full year report (period ending 30 June), Australian ASX-listed gambling operator Tatts Group has revealed a mixed set of results reporting strong digital growth hindered by legal costs. Closing its FY 2016 Tatts Group (Tatts) would post a statutory net profit decline of -7% to AUS $233 million (£136 million). Tatts 2016 earnings would be impacted by …
Read More »RFU extends integrity partnership with Sportradar
The Rugby Football Union (RFU), the governing body of professional rugby union in England has confirmed that it has extended its sports integrity monitoring partnership with Sportradar until 2019. The RFU integrity partnership for English rugby union has been in place since 2013, monitoring betting market activity, rugby fixtures and potential suspicious wagering activity. For the next three years, Sportradar …
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