Tag Archives: Betfair

Betfair shortens Trump re-election odds following Iowa chaos

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. …

Read More »

UK betting leadership stands firm on collaborative approach despite media scepticism

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 …

Read More »

BGC dismisses educational data allegations as ‘categorically untrue’

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 …

Read More »

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

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 …

Read More »

Racing Post adds Betfair markets to racing app

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. …

Read More »

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

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 – …

Read More »

Flutter continues to feel the effect of FOBT ruling during Q3

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 …

Read More »

Betconnect details unrivalled year-1 growth

New industry incumbent Betconnect, an enterprise seeking to deliver betting’s ‘next-generation exchange, said that 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. Officially launched last February, Betconnect’s figures confirm the company’s ninth consecutive month of growth, and more than doubles its previous record of …

Read More »

Rank appoints Liam Wallwork as digital transformation lead

London-listed Rank Group Plc has confirmed the appointment of Liam Wallwork as inbound Director of Transformation for its Interactive division. Wallwork joins Rank’s executive management team from William Hill, where he formerly served as Commercial Director and Director of Gaming (2017-2019). A digital strategy expert for mass-market igaming brands, Wallwork holds further industry experience having served as an operations and …

Read More »

CRM is set for a red-letter day in 2020 with the right FTP solution

SportCaller

SportCaller Performance Director Paddy McDermott examines the rapidly changing marketing landscape for bookmakers, and explains how a flexible FTP platform can best sit within this framework. Gambling operators, and their tactics for acquiring and retaining players, continue to face a sustained period of scrutiny and attack. This is coming from regulators, certain elements of the press and numerous lobbying groups …

Read More »