Betfair Archives - Page 13 of 40

Flutter backs strategy to navigate 2019 complexities

February 27, 2020

Publishing its full-year 2019 results, the governance of FTSE100 Flutter Entertainment Plc has detailed confidence in the firm’s future growth prospects after closing a year of regulatory adjustments and sustainability challenges. Citing strong international expansions, Flutter achieved record revenues of £2.14 billion, up 14% against corresponding FY2018’s £1.81 billion – a tough comparative period featuring World Cup trading. Flutter governance …

Oddschecker: Cheltenham data to dispel ante post perception?

February 19, 2020

File photo dated 15-03-2019 of Jockey Paul Townend celebrates his victory in the Magners Cheltenham Gold Cup Chase on Al Boum Photo during Gold Cup Day of the 2019 Cheltenham Festival at Cheltenham Racecourse.

The Cheltenham Festival 2020 has attracted almost 40% more ante-post punting in comparison to last year’s event, according to numbers released by Oddschecker. The figures showed an increase of 39.6% in the total staked from 2019 to 2020 across the same period of 1 January to 18 February. Similarly, the number of ante-post bets went up by 9.7%. This represents …

Matchbook freezes UK activity following UKGC suspension

February 17, 2020

Closing Monday 17 February trading, online betting exchange Matchbook has been forced to suspend its entire UK betting and casino services. The Dundalk-based operator issued a statement to customers detailing that the UK Gambling Commission (UKGC) had sanctioned a temporary licence suspension on its operating company Triplebet Limited. “As a result, from 23.59 on 17 February 2020 we will be …

Betfair shortens Trump re-election odds following Iowa chaos

February 6, 2020

A turbulent week of US political drama has seen the Betfair Exchange shorten the odds on Donald Trump maintaining his Presidency, with odds trading at an all-time low of 8/11. Betfair Politics details that Trump has benefitted from his acquittal by the Senate, which refused to advance impeachment hearings on alleged interference of Ukraine funds by the US 45th President. …

UK betting leadership stands firm on collaborative approach despite media scepticism

February 5, 2020

Leaders of UK betting’s top five betting operators yesterday gave insights and opinions to the House of Lords Select Committee tasked with investigating the ‘Social and Economic Impact of the Gambling Industry’. Established in 2019, the Lords Committee continues its review of UK gambling seeking to gain valuable research and ‘reliable facts’ on unique industry factors and dynamics with for …

BGC dismisses educational data allegations as ‘categorically untrue’

January 29, 2020

Responding to recent media reports which alleged that UK betting firms had been engaging with breached data from the ‘Learning Records Service’ educational index, the Betting and Gaming Council (Betting and Gaming Council) has stated that the allegations ‘are categorically untrue.’ In a statement on its website, the BGC reiterated that all betting companies are legally required to conduct age …

Midnite raises $2.4m to move esports ‘beyond the tab’

January 8, 2020

London-based esports start-up Midnite (midnite.com) has raised $2.4 million in venture funding to help accelerate the development of its wagering capacities. The funding round was led by Makers Fund, a VC firm specialising in interactive gaming and entertainment investments. Founded by the enterprise team of Nick Wright (CEO) and Daniel Qu, Midnite’s seeks to advance esports wagering beyond becoming ‘just another …

Racing Post adds Betfair markets to racing app

December 30, 2019

The Racing Post has confirmed that it has integrated Betfair sportsbook markets within its free iOS mobile app and mobile website, allowing readers to place direct bets on Betfair horseracing and greyhound markets. Branded as the most comprehensive tool for racing enthusiasts, the Racing Post app delivers daily racecards, results, expert tips, the latest breaking news and live race streaming. …

Daniel Schreiber: ‘We’re not breaking the model, we’re improving the model’

December 6, 2019

Having launched in February 2018, BetConnect, an enterprise seeking to deliver betting’s next-generation exchange, is still a relatively new incumbent to the industry. With this being said, the company has stated it is trading at unrivalled year-1 growth after recording another record-breaking month following the release of its October figures which show over £2 million of monthly matched bets – …

Flutter continues to feel the effect of FOBT ruling during Q3

November 7, 2019

Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …

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Tag Archives: Betfair

Flutter backs strategy to navigate 2019 complexities

Oddschecker: Cheltenham data to dispel ante post perception?

Matchbook freezes UK activity following UKGC suspension

Betfair shortens Trump re-election odds following Iowa chaos

UK betting leadership stands firm on collaborative approach despite media scepticism

BGC dismisses educational data allegations as ‘categorically untrue’

Midnite raises $2.4m to move esports ‘beyond the tab’

Racing Post adds Betfair markets to racing app

Daniel Schreiber: ‘We’re not breaking the model, we’re improving the model’

Flutter continues to feel the effect of FOBT ruling during Q3

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