Germany’s World Cup triumph netted one shrewd punter £83,000, after his sensational fivefold came in. The online, TV and mobile sportsbook tweeted the bet yesterday, saying: “One punter has well and truly #skybettered us. He placed this fivefold in August and has won over £83,000! Well done!” Imagine sweating 11 months, you Gotze be kidding me!!!
Read More »World Cup 2014
Vegas betting ring busted
Eight people have been arrested after the FBI and the Nevada Gaming Control Board foiled an illegal sports betting operation within a popular Las Vegas hotel. Investigators believe the men, all of Asian origin, took wagers on World Cup games, after staff installed electronic, computer equipment and DSL lines in Caesars Palace, a luxury strip establishment. One of the defendants …
Read More »World Cup softens NetPlay TV’s gaming performance
TV gaming firm NetPlay TV has revealed that growth in new depositing players and total depositing players was strong during its second quarter at 38% and 33% consecutively with net revenues increasing by 5% against the same quarter of 2013. Net revenue derived from SuperCasino was slower in the latter part of the quarter as result of the Football World …
Read More »Second quarter of record growth from GVC
GVC Holdings has revealed that trading during the World Cup was up 61% on the same period last year, with an average net gaming revenue per day of €736,000. The firm, which owns the Sportingbet brand, said that trading over this thirteen day period was assisted by the favourable results in the latter stages of the World Cup which resulted …
Read More »Sporting Index hails highly profitable World Cup
After a difficult start in the group games, leading sports spread betting company Sporting Index bounced back in the knockout stages and ended up well ahead of punters on this summer’s World Cup. Generally speaking, Sporting Index do well when there are low-scoring games, so the first round of group matches, with an average of 3.06 goals per game, left …
Read More »Titan Bet’s Russ Yershon: Time for post-World Cup retention strategies
Russ Yershon, UK sports manager for Titan Bet, believes that we have entered the most important time for bookmakers – the ‘retention window’ for the new customers attracted by the World Cup. “Brazil 2014 is over and with it the reason customers were flocking to your website. So what now? It’s just not good enough to say: “Thank you, and …
Read More »Spreadex sees annual profit rise of 30%
Spread betting and fixed odds operator Spreadex has seen profits rise by nearly 30% according to the latest financial accounts filed at Companies House. The firm, which offers sports betting and financial trading from one account, posted profits before tax of £18.5m from turnover of £35.4m for the year ending 31 May 2014. Spreadex, originally formed in 1999, has seen …
Read More »Swedish tipster wins €10k as bettingexpert’s Tipster of the Year
One of Europe’s best tipsters has scooped another €10,000 after winning bettingexpert’s Tipster of the Year competition for 2013/14. Swedish tipster ‘Zami’ came top of the leaderboard for the year after achieving a profit of €3,258.90 across almost 8,000 bets with an average yield of 4.7 per cent. He outperformed more than 1,500 other tipsters who give their tips for …
Read More »Bookmakers count the cost of Oscar consolation
Germany’s 7-1 demolition of Brazil has left some bookmakers scratching their heads over how some of their punters still managed to make money from correct score predictions. Four Paddy Power customers bet on the 7-1 scoreline, with one Essex punter seeing his £5 stake turn into £2,500. Spokesperson Josh Powell commented in the Paddy Power Blog: “If you think it …
Read More »Pinnacle Sports: Brazil bigger than Euros and South Africa combined
Phil Hudson, Acquisitions Manager at Pinnacle Sports, discusses his firm’s decision to open up the World Cup Final to $1million bets. Do you anticipate the World Cup Final to be your biggest ever betting market? Yes, we fully anticipated volume to exceed both Euro 2012 and World Cup in 2010 combined, with live and mobile components of that making significant …
Read More »