William Hill chairman Gareth Davies has described the task of finding a like-for-like replacement for CEO Ralph Topping as ‘impossible’. With Topping looking to take retirement next year, it has fallen to Davies to head up the search for his successor and it is something that he ‘really goes to town on’. Speaking with CITY AM, Davies said that Topping …
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Ralph Topping may have his sights set on retirement next year, but he is still setting targets for his company for long after he has left. The William Hill CEO told investors last week that the bookmaker should see 35-40% of its revenues come from its international operations by the end of 2017/beginning of 2018. International operations current supply 15% …
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Business man Matthew Tripp, ex owner of Australian focused sports betting operator Sportsbet.com.au will re-enter the Australian sports betting market. Having just finished his non-compete clause from the sale of Sportsbet.com.au to Irish sports betting operator Paddy Power, Tripp has quietly acquired embattled operator Betezy for a reported sum of AUS $10 million (£5.42 million) The acquisition of Betezy.com.au, will …
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William Hill has posted a slight loss after tax for 2013 (down 2 per cent to £226.5m) but the underlying trends in the business indicate a company still on the up. Net revenue for the whole company was up 16% to £1.49bn with Retail Net Revenue up 8% to £907m and online Net Revenue jumping 10% to £446.3m. Operating profit …
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Ladbrokes have called for ‘proper enforcement’ of the point of consumption (POC) licensing of online gaming when it is introduced in the UK later this year. The firm estimate that the new tax, despite being planned for December this year, will hit their 2014 revenues by £2m and they want to see some benefit for this expense. They said: “How …
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Sportradar has extended its partnership with Football Federation Australia (FFA). Sportradar already provides its industry leading Fraud Detection System (FDS) to the FFA to cover the A-League and FFA Cup competitions. Under this extended agreement the FDS will monitor betting patterns on the state National Premier Leagues (NPLs) for the 2014 season. In addition Sportradar has become the ‘Official Sports …
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Cricket Australia (CA) has announced the creation of a dedicated unit to fight corruption in the sports, the unit will focus on match-fixing,betting fraud, doping and other activities that might undermine the integrity of its Australian Cricket, its national team and its national competitions. CA’s senior legal counsel Iain Roy would head the special unit. A Cricket Australia statement made by …
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Australia’s Tabcorp has lifted its revenue for the three months to September on the back of strong growth in fixed-odds and online gambling. The company reported quarterly revenue of $503.9 million, up 3.1 per cent from the same period last year. Fixed-odds revenue grew almost 30 per cent due to a larger number of gaming products offered on racing and …
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Swedish stock listed igaming operator Unibet Group, has announced the agreement of a three year sponsorship deal with Australian National Rugby League side Parramatta Eels which willl begin for the upcoming Australian rugby league season. The sponsorship deal will see the Unibet brand displayed on the back of players jerseys. Unibet will share shirt sponsorship rights of the Parrametta Eels …
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iGaming operator Betfred yesterday announced publicly that its online sports betting and igaming operations would no longer accept registrations/sign ups from Australian user IP’s. Betfred yesterday sent communications to Australian customers and to media partners operating in the region. The communications sent out by Betfred commented that the igaming operator wanted to comply with new Australian regulations regarding online gaming. …
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