Tag Archives: betdaq

Scott Longley – Is the Betfair Exchange losing its edge?

This April, Paddy Power Betfair reported a lacklustre Q1 2018 trading update, in which the betting group detailed a decline in its Exchange revenues. As the FTSE operator tackles further enlargement pressures, can the Betfair Exchange maintain product and market dominance against ambitious incumbents seeking to slice apart ‘the exchange cake’… _________________ It seems a long time ago since Betfair …

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BETDAQ brings in renowned trainer as brand ambassador

BETDAQ have signed Grade 1-winning National Hunt and Flat trainer Gavin Cromwell as brand ambassador. The partnership, which begins immediately, will see the well-connected and successful Cromwell share racing views and insights with the exchange’s multi-sport content site, betdaqtips.com. Cromwell, who previously worked with the likes of Gordon Elliot and the late Dessie Hughes, is best known for multiple Grade …

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Punchestown partnership continues for BETDAQ

Copyright: sportlibrary / 123RF Stock Photo

BETDAQ has agreed a one-year extension to its sponsorship at Punchestown Festival, Ireland’s major international horse racing event. As one of the main sponsors of the 2018 event, which began yesterday, BETDAQ will raise money for Irish Injured jockeys at the County Kildare course this week as it stages the next stage of its #ChangingForTheBettor campaign. Racegoers can visit the …

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Betdaq return to racing sponsorship at Kempton Park

Pontefract - Copyright: phil_bird / 123RF Stock Photo

Betdaq has agreed its first racing sponsorship within the United Kingdom in almost two years, thanks to a new partnership with Kempton Park. The Ladbrokes Coral owned betting exchange is to be headline sponsor for Betdaq Chase Day, set to be held on Saturday February 24, which will encompass a six race card. Amongst them are the Grade 2 Betdaq …

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BETDAQ launches new flat-rate commission

As the first part of its #ChangingForTheBettor campaign, BETDAQ has introduced a flat-rate 2% commission for its customers. All current and future customers will benefit from the reduced commission that applies to all sports and markets on the platform, which matched in excess of £4bn-worth of bets in 2017. The customer feedback-driven move marks a change to the company’s terms of …

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Dermot Desmond invests £1.3 million in GAN

Irish finance magnet Dermot Desmond has invested £1.3 million (€1.5 million) in London AIM listed igaming systems provider GAN. Updating the market, GAN governance revealed that Desmond’s IIU Nominees (IIU) had purchased +3 million shares in the firms new share placement. Desmond’s purchase sees IIU take an approximate 5% equity in GAN. GAN governance stated that the funds would be …

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BETDAQ nets Charlton Athletic shirt sponsorship

Ladbrokes subsidiary exchange betting platform BETDAQ has been announced as new kit sponsor of London League One football club Charlton Athletic FC. BETDAQ marketing confirmed that it had signed a three-year contract replacing the University of Greenwich as shirt sponsor of ‘The Addicks’. The BETDAQ brand will be promoted throughout Charlton’s The Valley Stadium (capacity – 26,000) on match days …

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The Football Pools goes live with Colossus Bets’ Cash Out Pools

Colossus Bets has announced that its pools products, branded as ‘Cash Out Pools’, have gone live on both web and mobile with The Football Pools. Bernard Marantelli, Founder and CEO of Colossus Bets, said: “The Football Pools is an iconic brand with a long pedigree in offering life-changing jackpot prizes on football. It’s a significant milestone for us that they …

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Matchbook voted best in-class for customer service by Bonuscodebets independent audit

Betting Exchange Matchbook.com has seen off it’s higher profile industry competitors to be voted best customer service amongst in an independent audit by Bonuscodebets.co.uk. The checks tested the ability of ten bookmakers to handle most important issues of customers when contacting a helpdesk;helpfulness, availability and time of response. Bonuscodebets.co.uk offered 12 points for helpfulness, 13 for availability and five each …

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Ladbrokes restates case for Coral merger after Desmond criticisms

Ladbrokes has moved to counter the call by Dermot Desmond for shareholders to reject its proposed merger with Coral by reiterating the rationale behind the deal. In a message to the stock market, Ladbrokes’ board said that it ‘noted’ Desmond’s letter and acknowledged that it had had ‘significant dealings’ with him as both a shareholder and a commercial partner over …

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