Sportsbook

bwin.party accepts GVC’s £1.1 billion takeover offer

bwin.party Entertainment governance has accepted GVC’s £1.1 billion takeover offer, in preference of bid competitor 888 Holdings £908 offer. Following a review by bwin.party on the conditions of GVC’s cash and shares offer valued at 125.5p per share, bwin.party governance will now push to clear GVC bid as the best offer for its shareholders. Bwin.party Chairman Philip Yea said in …

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Tabcorp sticks with OMD as media buying lead

Australian gambling operator Tabcorp has confirmed that it has renewed its media buying account with international marketing and media planning agency OMD. OMD will continue to service as primary media buyer for Tabcorp brands in retail betting, digital services, lotteries and keno sectors. Tabcorp management had called for a review of its media agency services in July, however the operator …

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PIRC urges Betfair shareholders to reject Breon Corcoran reward package

Shareholder and corporate governance adviser PIRC has recommended that Betfair investor’s reject CEO Breon Corcoran’s £11.5 million reward package at next week’s annual general meeting (AGM). PIRC has recommended its actions by stating that Betfair’s improved financial performance under Corcoran leadership, has not been met with appropriate compensation/dividends for its investors. The advisory group continues to detail that Betfair financial …

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Favourit announces Gary Harris as new CEO

Gary Harris has been announced as the new Chief Executive Officer of Australian based social sports betting operator, Favourit. Harris worked at Sportingbet Australia as both IT Director and Board member from 2004 until 2013, during which time he oversaw technological developments and online turnover going from AU$10m (£4.5m) to AU$2.4bn (£1.1bn). February 2013 also saw William Hill Group acquire …

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UKGC pushes for fee amendments

The UK Gambling Commission (UKGC) is planning to advise the government to amend the current fees regulations, in order to take account of the significant changes in the population of operators that it regulates and to address identified problems in the current fees structure. The UKGC  is therefore developing its advice to the Department for Culture, Media and Sport. The commission …

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Irish Government grants 27 operator licenses

Ireland’s gambling authority has issued 27 operator licenses to its newly regulated remote betting market. The licenses have been granted for a period of two years allowing igaming and sports betting provisions to be serviced and marketed to Irish consumers. Ireland’s Tax and Customs Office published its revised list on 1 September. As expected Irish betting operators Paddy Power, Boylesports …

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Abbott Government calls for interactive betting review

Australian Prime Minister Tony Abbot (Liberal Coalition), has personally tasked Social Services Minister Scott Morrison with leading a review of the 2001 Interactive Gambling Act (IGA). The review follows ongoing federal probes into international licensed online bookmaker’s use of ‘call’ systems which mirror live betting, prohibited by the 2001 IGA. Various ministers and gambling stakeholders have stated that the 2001 …

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DraftKings takes on new brand communication for NFL season 2015/16

US daily fantasy sports operator DraftKings has taken a new approach to its marketing and brand communications for the start of the 2015/16 NFL season. Announcing the launch of its multi-content advertising campaign “Welcome to the Big Time”, under the direction of new full service marketing agency Butler, Shine, Stern & Partners (BSSP), DraftKings aims to widen its appeal to …

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Ashton Kutcher invests in eSports wagering platform Unikrn

Hollywood film star and technology evangelist Ashton Kutcher has joined competitive eSports wagering platform Unikrn’s Series A investment round via venture capital firm Sound Ventures (https://www.crunchbase.com). Kutcher, who recently played technology pioneer Steve Jobs (Founder of Apple) in the film “Jobs”, has a solid investment track record having invested in popular enterprises such as SoundCloud, Airbnb, Uber and FourSquare. Kutcher …

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Bankers take holiday as sun shines on bookies – AccaTracker data

It’s been a bumper Bank Holiday weekend for bookmakers on the football front, with a series of unexpected results confounding people’s bankers in their accumulator bets. According to data from AccaTracker, the mobile app developed by Team FA that keeps track of user’s bets, only three of the ten most popular matches included in multiple bets this weekend ended in …

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