Publishing what will likely be its last financial update as a private company, Gala Coral (Coral) has reported top-line metric growth hindered by significant exceptional costs as the company approaches its £2.2 billion merger with Ladbrokes Plc. Updating the market on its Q3 2016 performance (12-week period ending 2 July), Coral would declare net revenues of £264 million up 10% …
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BOS Speaker Profile: Paul Witten – SIS – Optimising Live Environments
Live betting has revolutionised the online betting market, but can this core function aid industry stakeholders’ day-to-day operations beyond market pricing. Ahead of the Betting on Sports Conference (15-16 September) SIS Commercial Director Paul Witten details to SBC readers how bookmakers and service providers can optimise ‘live betting environments’ with a view of maximising all-round value chain functions. _________________________ SBC: …
Read More »BOS Speaker: Moritz Maurer – Betgenius – Let the games begin
Moritz Maurer is the Head of Esports at Betgenius. Ahead of Betting on Sports 2016 (#bettingonsports), at which there’ll be four esports focused panels in total and one of which Moritz will be leading, we caught up with him to talk skin betting, how to approach esports fans and desktop vs mobile. SBC: Are you surprised it took as long as …
Read More »Phil Kornychev – Virtual Drama in esports – The skin betting story
Phil Kornyshev is the co-founder of PVP.ME, a live esports betting platform. Having spoken at the iGaming Super Show in Amsterdam earlier this year, now he has turned his attention to exploring the recent skins betting drama for SBC News. Heres’ what he had to say… The gambling boom of Counter Strike: Global Offensive started just over three years ago, …
Read More »Playtech H1 2016 profits hit by significant sterling impacts
Significant sterling fluctuations have impacted Playtech Plc’s H1 2016 profit results, despite the FTSE-listed gambling technology provider recording continued top-line metric growth across its divisions. Presenting its H1 trading update (period ending 30 June) Playtech would declare a group EBITDA increase of 27% to €143 million (H1 2015: €112 million) on group revenues of €337 million (up 18% on H1 …
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 »Why the bookies love famous faces
Big name sports stars looking to keep bringing home the bacon post-retirement have a few options these days. From attempting to emulate GNev’s punditry on Sky Sports, the usual route of remaining in the game as a manager, coach, scout or agent to opening a carp fishery in France if you’re Lee Bowyer, there’s another choice becoming all the more popular. …
Read More »How land based casinos can seize upon esports
Ask not what esports can offer Las Vegas, ask what they can offer each offer. With casinos looking for a way to attract a younger tech savvy generation, many are looking to esports as a way to achieve this end. Some casinos have organised tournaments, the Downtown Grand for example has been a key player for some time, but the …
Read More »BOS Speaker Profile: Johan Styren – LeoVegas – New Faces… New Values!
The current trials and tribulations facing new sports betting operators will be discussed at BOS Conference’s ‘New Faces’ session. In a mature digital market, can new incumbents not only challenge legacy operators but further create fresh thinking and new industry values? Johan Styren CEO of igaming operator LeoVegas details to SBC readers the preparation and launch of LeoVegas Sports, as his …
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