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 …
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Betfred announces new agency for marketing makeover
London based creative media agency, Brothers and Sisters publically announced that it had won the competitive pitch for Betfred online gambling services. Brothers and Sisters will be charged with creating new campaign and media strategies for the Manchester based bookmaker and refreshing the Betfred brand digitally. Media news source CampaignLive estimated the Betfred media budget to be more than £5 …
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 »Vincent van ‘t Riet – Mbolo.nl- Dutch gambling reform throws up winners & losers
The die is finally cast. The Dutch Council of Ministers (cabinet) has given state secretary Fred Teeven the go ahead for his gambling reform. Last Friday, Teeven finally got the approval he sought after on three main issues: online gambling, lottery reforms and privatisation of the state owned Holland Casino. But Teeven is not home and dry yet. Or to …
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 »Sportradar reaches ISO bar
Sportradar‘s Security Services have been officially certified ISO 9001. The Security Services support sports and law enforcement stakeholders worldwide as they seek to preserve the integrity of sporting competitions via two pillars: the Fraud Detection System which is dedicated to monitoring global betting behaviour and detecting betting-related match-fixing; and the Fraud Prevention Services which provide education programmes, products and consultancy …
Read More »Betdigital eyes potential sale
Industry news sources report that Oxford based interactive gaming platform and games content providers Betdigital, have received acquisition offers from numerous interested parties. EGR Magazine reported that the supplier of interactive gaming platforms and content, had been approached by several leading gambling B2B and B2X suppliers. The news source further comments that acquiring parties are interested in Betdigital’s proprietary technology …
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 »Denise Coates sets up £100 million charitable foundation
Denise Coates, founder of the UK bookmaker Bet365, has set up a £100m charitable foundation. This follows the recent success of the Stoke based operator which saw profits more than double last year. The firm announced pre-tax profits of £319m compared to the previous year’s total of £148m. This figure also takes account for £5m in losses in relation to …
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