Sportsbook

The latest sportsbook news for the gambling industry, sponsored by Metric Gaming

Pinnacle Sports outlines strategic vision under new ownership

Pinnacle Sports CEO Paris Smith is excited to take the sports betting operator forward under new ownership, following its sale to undisclosed buyers. Smith outlined that the new owners of the Curacao licensed sports betting operator had ambitious plans and a strategic visions for its unique business model which has proven a popular destination for high value sports betting consumers. …

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Webis Holdings closes betinternet.com

Webis Holdings has announced the closure of betinternet.com, following a review of operations by the company board. The Webis brand had been impacted by higher tax charges and jurisdictions blocks which had affected its revenues. The webis board said discussion with several interested parties had not lead to any firm offers for the operation which will close for business on …

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BetVictor launches Cheltenham TV campaign

In time for next week’s Cheltenham Festival (Tuesday 10 – Friday 13 March) BetVictor has announced the launch its latest advertising campaign, featuring long time BetVictor mascot Maurice (played by comedian Paul Kaye). BetVictor launched its new multi-content advertising campaign under the guidance of creative advertising agency VCCP, as the operator aims to highlight non-football betting markets. The campaign will …

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Digital & international expansion helps Paddy Power hit record earnings in 2014

Reporting on its full year 2014 performance (preliminary results) Paddy Power recorded corporate net revenues of €882 million (FY 2013 – €746 million), as the operator was able to announce record net profits of €167 million up 18% on FY 2013 €141 million. Paddy Power governance has been able to announce a €8 cash return per share to investors from …

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OpenBet accredited in 2015 Sunday Times Best Companies to Work For Survey

iGaming technology provider OpenBet, has earned a One Star accreditation in the 2015 Sunday Times Best Companies to Work For Survey. The achievement means that the London-based supplier is classified as a ‘very good’ employer. The ranking system starts at Ones to Watch, includes One Star and Two Star, and peaks at Three Star, with many entrants achieving no accreditation. “To receive …

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James Henderson “differentiation through technology” key to William Hill’s future strategy

Having reported a record breaking 2014, with profits topping £370 million (FY 2013: £335 million), William Hill CEO James Henderson does not want his company to rest on its laurels as it faces new challenges in 2015. Speaking to investors Henderson outlined that the company would face tougher times as it would have to navigate the long term impact of …

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bet-at-home sees 77% earnings boost in 2014

European sports betting operator bet-at-home (Betclic Everest Group subsidiary) recorded a 77% full year earnings increase of €27.5 million (FY 2013: €15.4 million). The operator cited increased player activity driven through new marketing campaigns and the 2014 FIFA World Cup, as the key drivers for its positive performance. bet-at-home finalised its 2014, with increased gaming revenues of 25% to €107 …

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Gala Coral reports strong opening to 2015 as Interactive drives performance

Gala Coral reported a strong start to 2015, as the operator saw strong multi-channel growth recording Total Group EBITDA of £67.3 million for Q1 2015, up 11% on 2014 £60.5 million. The operator highlighted its strong interactive performance as the driver for its positive Q1 results as the division saw revenue performance up 27% to 45.6 million. Its increased revenue …

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Dutch incumbent operators form ‘Netherlands Gaming Platform’

Mirroring UK betting operator’s creation of industry watchdog and best practice body, ‘The Senet Group’ incumbent operators in the Netherlands have created the ‘Netherlands Gaming Platform’ (NKP). The new body will aim to work with Dutch regulators, in order to oversee the best standards reached in advertising and promotion of online gambling products. The proactive move by pending Dutch license …

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Betway becomes title sponsor of World Snooker Blackpool events

Online sports betting operator Betway has continued its coverage expansion by announcing that it has become title sponsor of World Snooker events, The Shoot-Out and World Seniors Championship. Betway agreed sponsorship terms (undisclosed by parties) with Snooker’s governing body, which will see the sports betting operator promoted at  the Blackpool Tower. The deal marks Betway’s first move into snooker sponsorship, …

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