Sportsbook

The latest sportsbook news for the gambling industry.

#bofcon2017 – Looking Good…What do investors want to see in market enterprises?

SBC News #bofcon2017 - Looking Good...What do investors want to see in market enterprises?

Following a period of mass consolidation and sector realignment, is the betting industry still an attractive proposition for enterprise investors? A Betting on Football expert panel assess current market conditions and challenges awaiting investment and enterprise stakeholders. Professional venture investor Christian Elder Founder of Dreamworx Online, tells the audience that value may have diminished in the betting sector as market …

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#bofcon2017 – Joey Barton case puts the spotlight on betting integrity

betting - Copyright: radiantskies / 123RF Stock Photo

The Commercial Director at AFC Wimbledon said that it is “naïve” to think that players aren’t still placing bets via surrogate accounts, despite the FA’s efforts to implement a blanket betting ban. Speaking at Betting on Football 2017, Ivor Heller also promoted a return to the old system, whereby players can bet, but not in league or cup competitions in …

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Sportsbook growth drives Paddy Power Betfair Q1 2017 performance

SBC News Sportsbook growth drives Paddy Power Betfair Q1 2017 performance

The governance of Paddy Power Betfair Plc (PPB) has stated that it is confident of securing 2017 group targets and expectations following a strong start to its financial year aided by favourable results recorded at Cheltenham 2017. Presenting its Q1 2017 trading update (period ending 31 March), PPB declared underlying group revenues of £416 million up 23% on corresponding Q1 …

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Betfair – Le Pen’s price proves to be an ‘attractive proposition’ as France 2017 hits £22 million mark

SBC News Betfair - Le Pen's price proves to be an ‘attractive proposition’ as France 2017 hits £22 million mark

Updating the media, on its ‘France 2017’ general election market, Betfair Politics maintains that far-right candidate and former Front National leader Marie Le Pen is still an ‘attractive proposition’ for political punters priced at 9/1. As France heads to the polls this Sunday 7 May, Betfair informs that its ‘France 2017’ market has hit the £22 million wagering mark breaking …

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Commercial growth of iGaming Cloud boosts GIG 2017 opening performance

SBC News Commercial growth of iGaming Cloud boosts GIG 2017 opening performance

Presenting its Q1 2017 interim results (period ending 31 March), Oslo-listed European online gambling operator Gaming Innovation Group (GIG) has detailed a strong start to 2017 despite significant costs attributed to group marketing initiatives. Driven by the growth of its iGaming Cloud Platform, which currently services 28 external clients operating 41 active brands, GIG would report period revenues of €23 …

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La Liga confirms SportPesa as African betting partner

SBC News La Liga confirms SportPesa as African betting partner

La Liga the governing body of Spain’s highest tier of professional football has confirmed Kenya-based bookmaker SportPesa as its first ever ‘African Sports Betting Partner’.   Securing a three-year deal as an official La Liga partner,  SportPesa will seek increase its coverage throughout key African markets as an official La Liga partner. The partnership agreement was confirmed by La Liga President Javier …

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Acquisition ready Amaya Inc hires Robin Chhabra as Group M&A lead

SBC News Acquisition ready Amaya Inc hires Robin Chhabra as Group M&A lead

Seeking to boost its industry M&A and commercial competencies, Toronto TSX-listed Amaya Inc has hired former William Hill Group Director of Strategy and Corporate Development Robin Chhabra. As of yet, Chhabra has been given no official executive title, however joining Amaya he will act as corporate M&A lead as the firm’s governance seeks to expand its industry portfolio. An industry financing expert, …

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William Hill culls digital product management team as Crispin Nieboer leads division’s restructure

SBC News William Hill culls digital product management team as Crispin Nieboer leads division's restructure

FTSE-listed bookmaker William Hill has culled a number of senior management roles within the firm’s digital division, as the company seeks to restructure and re-strategize its online gambling assets. The restructure has seen William Hill depart with three senior staff members of its digital product operations; Stuart Weston as Sportsbook Director, James Curwen Chief Product Lead and Juergen Reutter Chief Experience …

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Ladbrokes seeks to extend key SPFL sponsorship

SBC News Ladbrokes seeks to extend key SPFL sponsorship

FTSE-listed Ladbrokes Coral has informed that it will extend Ladbrokes title sponsorship of all Scottish professional football divisions, by agreeing on further terms with the Scottish Professional Football League (SPFL). Ladbrokes has acted as SPFL lead sponsor since 2015. The bookmaker detailed that it wanted to extend its existing £2 million a year sponsorship agreement with SPFL for the upcoming 2017/18 …

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William Hill – Joshua v Klitschko can Knockout £100 million betting mark

SBC News William Hill - Joshua v Klitschko can Knockout £100 million betting mark

William Hill, the official sponsor of Anthony Joshua v Wladimir Klitschko, is predicting the global betting industry turnover could reach £100 million (£20 million in the UK alone) for Saturday’s eagerly awaited world heavyweight showdown. Watford’s Anthony Joshua is at present the 4/9 favourite to win the fight, and in the process add the vacant WBA and IBO titles to his collection. …

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