Further to today’s H1 2016 results, Paddy Power Betfair (PPB) governance has confirmed that Paddy Power Co-founder and former Chief Executive Stewart Kenny will be stepping down from the FTSE100-listed firm’s board. Kenny resigns as a PPB non-executive director following 28 years’ service with Paddy Power, serving as the company’s first CEO, in what would become one of Ireland’s biggest business success …
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Dave Watkins looks to achieve Betgenius status at Musselburgh
We are delighted to introduce Dave Watkins as today’s Tipster Challenge Guest. Watkins has been with Betgenius for over 5 years, starting out as Head of Connextra Sales, before becoming Commercial Manager, and finally moving into his current role as Sales Director – Digital Marketing. He will be providing expert tips for each of today’s races at Musselburgh, alongside competition …
Read More »Z Capital buys Affinity Gaming outright for $580 million
New York private equity firm Z Capital has confirmed that it has brought Nevada casino operator Affinity Gaming outright for an all-cash deal of $580 million (£440 million). At present the private equity firm owns 41% equity in Affinity Gaming, with Z Capital seeking to purchase the outstanding stake at a price of $17.35 per share. Updating stakeholders, Z Capital …
Read More »World Esports Council appoints Hershman as Executive Chairman
It was announced today that the Board of Directors at the World Esports Association (WESA) has unanimously agreed that Ken Hershman will be its Executive Chairman and Commissioner with immediate effect. Hershman, a TV sports veteran who has worked with the likes of HBO and Showtime, takes over the role from Pietro Fringuelli who has occupied the role in an interim …
Read More »Yggdrasil Gaming launches new online slot Big Blox
Yggdrasil Gaming has announced the launch of its new online slot, Big Blox, which is set in an ancient temple in the rainforest and has 243 different ways to win. During each spin, a larger block of at least 2×2 identical symbols appears on the screen. The block, which can increase in size up to 5×3 symbols, pays out at …
Read More »BOS Sponsor Profile – Vahe Baloulian – BetConstruct
BetConstruct, a developer and provider of both online and land-based betting solutions, has been confirmed as a Bronze Sponsor for the upcoming Betting on Sports conference. The company recently picked up the best Technology Supplier / Provider award at the 2016 International Gaming Awards, adding to its EGR B2B Award for Best Customer Service. BetConstruct’s has an extensive range of …
Read More »Why live betting & esports is a match made in both heaven and hell
As a general rule of thumb esports are ideally suited to the live betting environment. For an overwhelming amount of fans they’re consumed online via live streams, many esports communities are highly active on Twitter and Reddit, and the potential variety of in-play markets is huge and exciting. Back in September 2015 Betgenius released one of the most comprehensive esports …
Read More »Paddy Power Betfair seeks ‘Optimal Structure’ as group revenues hit £750 million
Posting its first set of interim H1 results (period ending 30 June), FTSE100 listed Paddy Power Betfair (PPB) has reported group revenues of £759 million recording double-digit growth across its four core divisions. Closing its H1 2016, PPB would post a group underlying EBITDA of £181 million (H1 2015: £138 million). The increased top line metric growth would result in …
Read More »Sportradar secures NHL ‘Fraud & Integrity’ monitoring partnership
The NHL has confirmed that it will incorporate Sportradar’s ‘Fraud Detection System’ (FDS), monitoring all its syndicated matches for integrity and suspicious betting activities. The US professional ice hockey league, becomes the latest sporting body to incorporate the FDS monitoring system, as Sportradar a European sport data and analysis specialist expands its services within US sports. The partnership, sees Sportradar …
Read More »32Red takes on Sprint Cup sponsorship
Gibraltar-based online bookmaker 32Red takes over from Betfred as the official sponsor of Haydock Park Racecourse’s ‘Sprint Cup’ (1-3 September). Seeking to boost its coverage within UK racing, 32Red will take on sponsorship of the 50th edition of the £260,000 race. The betting brand will further sponsor the full card on Sprint Cup Day in 2016, and will undertake sponsorship …
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