Tag Archives: Betfair

Betfair sponsors SBT Brazil’s Copa America coverage 

Betfair will serve as a co-sponsor of Brazilian TV broadcaster SBT’s coverage of the 2021 CONMEBOL Copa America tournament taking place this summer from 13 June to 10 July.   Recognised as one of Brazil’s ‘big three’ terrestrial TV channels, SBT is contracted to broadcast 11 Copa America matches including the tournament kick-off match between hosts Argentina against Chile, as well …

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Aspire Global highlights BtoBet acquisition for successful Q1

Aspire Global has reported a successful first quarter for 2021 having achieved key objectives across multiple verticals and recorded a total revenue increase of 42.6%, driven by the global market presence of BtoBet. Publishing its Q1 2021 trading report, the group revealed that revenue had increased to €48.1 million (€33.7 million Q1 2020), attributed largely to the acquisition of BtoBet, …

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Betfair wins Rome ruling to suspend ADM temporary tax charge

Betfair has won its Italian ‘tax reform’ appeal made against Italy’s ADM customs and monopolies agency with regards to how a temporary 0.5% wagering tax should be applied to its Exchange platform. This week, Rome’s TAR commercial disputes court ruled in favour of Betfair’s appeal that a 0.5% tax charge should not be enforced on Betfair’s Exchange activities as a …

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Flutter accelerates global growth profile as US options are weighed up

Flutter Entertainment Plc has cited confidence in delivering on its full-year 2021 financial expectations by continuing to establish its individual brands as outright leaders in each active marketplace. Publishing its Q1 trading update, the FTSE100 gambling group recorded double-digit growth across all core divisions, as its monthly average active customer base increases by 36% to 7.6 million (Q12019: 5.6m). Providing …

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Smarkets builds on Cheltenham success at Aintree

Rachael Blackmore was not the only one who set records at the Aintree Grand National this weekend, as Smarkets recorded a 21% increase in betting volume from 2019. A total of £92.8 million was traded on the platform in comparison to the 2019 figure of £76.5 million, and the 2018 earnings of £57.4 million, whilst from Thursday to Saturday over …

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bet365 heads betslip leaderboard in Oddschecker Cheltenham report

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

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Scientific Games reports ‘record breaking’ volume of Cheltenham bets

Scientific Games processed a ‘record volume of bets’ throughout last week’s Cheltenham Festival, reporting a ‘huge uplift’ of 53% on its OpenSports platform. The OpenSports solution is used by a number of leading sports betting operators including William Hill, Entain’s Ladbrokes and Coral brands and Flutter Entertainment’s Paddy Power and Betfair companies. In addition to the 53% increase in betting …

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Checkd Group promotes Alex Beecham ahead of expansion plans

Checkd Group has promoted Alex Beecham to the position of Managing Director of its Checkd Media division, in preparation for a renewed commercial drive and expansion plans. In his new position as MD of Checkd Media, Beecham will be responsible for overseeing the operations of the Footy Accumulators, Winners Enclosure and Oddschanger brands. His appointment follows the announcement that the …

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Flutter bulks up for global dominance as TSG merger objectives are achieved

Flutter Entertainment Plc has exceeded 2020 corporate objectives by demonstrating its ‘unparalleled scale and diversification’ after completing the first year of its transformative merger with The Stars Group Inc (TSG). Publishing its 2020 preliminary results, the FTSE100 group doubled its corporate revenues to £4.4 billion (FY2019: £2.1bn) which Flutter stated is a reflection of its successful incorporation of TSG assets …

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Betfair severs ties with Gordon Elliott due to controversial photo

Online gambling operator Betfair has severed its connections with Gordon Elliott, after an image of the renowned Irish racing trainer sitting on a dead horse circulated on Twitter. The picture of the trainer sat on the horse, which allegedly died of a heart attack, is reported to be some years old, and first surfaced on social media on Saturday. Despite …

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