FTSE100-listed Flutter Entertainment has underlined that its multi-billion pound merger with The Stars Group Inc (TSG) remains on track, as the group plans to undertake several COVID-19 adjustments. Planning for 2020 disruptions, Flutter confirmed that it has secured a new debt arrangement which provides the company with access to a £1.3 billion revolving credit facility, supporting the group’s business continuity …
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BetConstruct has strengthened its portfolio of partnerships after confirming a new deal with sports betting supplier Wiseodds. The agreement makes BetConstruct the first partner to integrate the Wiseodds peer-to-peer betting product onto its platform. Aris Gabrielyan, Head of Regional Business Development at BetConstruct, said. “Wiseodds has launched a game-changing and risk-free product that combines elements of sports betting and poker, …
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Neil McArthur, Chief Executive of the UK Gambling Commission (UKGC), has written to betting leadership urging the industry to maintain the highest operating standards during ‘uncertain and unsettling times’. Updating stakeholders, McArthur explained that the UKGC’s executive team is carrying out an assessment of the industry-wide impact of the coronavirus, which will influence the Commission’s regulatory approach during 2020. McArthur …
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William Hill has confirmed that it will recommence the executive search for its Group Chief Financial Officer (CFO) after Adrian Marsh revealed his intentions to remain with his current employer. Marsh, who intended to join William Hill’s executive team during Q1 2020, informed the operator that he would remain as Group Finance Director of international packaging business DS Smith. In …
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New esports wagering incumbent Puntt.gg (Puntt) has announced the launch of its esports betting platform, which seeks to deliver new betting dynamics to esports markets. Merging pool betting dynamics with unique esports match play and tournament characteristics, the Puntt platform believes it can become the leading destination for the burgeoning esports wagering scene. Driving its launch, Puntt detailed that it will …
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As the US gears up for election season, Donald Trump and Joe Biden are currently joint favourites to become the next President of the United States. Both Trump and Biden are currently trading at 46% on Smarkets to win the presidential election, while Biden remains the clear front-runner in the Democratic race with 89% to Bernie Sanders’ 2%. Trump’s handling …
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The Racing Post has committed to delivering ‘all available global racing content’ to both its customers and partners, as the sport faces an unprecedented time of cancellations and postponements. In light of the COVID-19 pandemic, Racing Post has scaled up its coverage of horse racing content from territories where racing is continuing, including USA, South Africa and Hong Kong. This …
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Online gambling group 888 Holdings Plc has predicted that COVID-19 related disruptions will have a ‘single $ digit million impact’ on the firm’s 2020 EBITDA performance. Yesterday, 888 was forced to delay publishing its 2019 results, abiding with an FCA order which sanctioned a two-week moratorium on the publication of results by listed companies. Updating investors this morning, 888 stated …
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UEFA, the governing body of European football, has confirmed that all club finals have been ‘postponed indefinitely’ as a result of the ongoing COVID-19 crisis. Last night, UEFA issued a short statement confirming its decision to postpone its roster of May finals for the Champions League and Europa League tournaments for both men and women’s football. In its update, UEFA …
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Golden Race has launched the latest version of its fully-managed virtual sportsbook, which it hopes will help to fill the void left by sports postponements. The online betting platform, available on both desktop and mobile, is tailored towards ‘the demands of the players who usually bet on real sportsbooks’ by featuring a variety of virtual sports and games. Users can …
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