Tag Archives: Betfair

Betfair’s Ed Wray invests in Curve Fintech seed stage

Betfair co-founder Ed Wray has been named as one of the leading backers in London Fintech start-up Curve, which has secured $2 million (£1.4 million) in seed stage funding. Curve an early stage Fintech start-up aims to replace the mechanisms of the retail banking sectors bankcard, giving customers greater visibility and ease management of their day to day accounts. Led …

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Betfair and TGP Games launch new tab

A new Macau-themed desktop and mobile tab has gone live on the Betfair site. The content is provided exclusively by TGP Games. TGP Games, based in the Isle of Man, is a new firm which launched in 2014. The new tab is positioned alongside the Betfair Arcade tab, it’s aimed at players who enjoy an Asian style games experience. Betfair …

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PPF Review 2015 – Education to combat Match Fixing

The 2015 review of sports betting integrity education for elite athletes by member player associations has been published by the Professional Players Federation (PPF). The Minister for Sport, Tracey Crouch MP, attended the reception at which it was launched which was itself hosted by Nigel Adams MP. A key part of the review was the discussion of the ongoing need …

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Oddschecker appoints Ryan Murton as digital marketing lead

Sports betting odds comparison portal Oddschecker (Sky Betting & Gaming Group) has confirmed the appointment of Ryan Murton to the newly created role of Head of Digital Marketing. Murton joins Oddschecker having led SEO and pay per click marketing initiatives for Betfair as Senior Marketing Manager (2013 – December 2015). An industry ‘search’ specialist Murton has further held marketing managerial …

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Betfair announced as first ‘authorised betting partner’ for UK racing

The British Horseracing Authority (BHA) has named Betfair as its first ‘authorised betting partner’ (ABP) having agreed a three year deal which will see the operator pay a percentage of racing revenues for its betting services. Betfair who have voluntarily supported the 54th levy scheme since its first announcement in September, is the first bookmaker to gain official ABP status. …

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Paddy Power–Betfair aims for £25 million savings through labour reductions

UK newspaper The Sunday Times has reported that the merged enterprise of Paddy Power – Betfair will look to implement £25 million in cost savings in 2016 by significantly reducing headcount. In September Paddy Power and Betfair governances’ had outlined a co-synergies’ savings target of £50 million, should their proposed merger receive its approval. A circular published this weekend details …

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21 December sees PaddyPower-Betfair shareholder vote

Issuing a short statement on Friday (27 November), Paddy Power Plc and Betfair Group Ltd have both announced that the planned £6.2 billion merger deal will be put to vote on 21 December. Both operators are set to host ‘extraordinary meetings’ in which investors will cast their votes on whether to progress the merger. Preparing for their shareholder vote, Paddy …

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Betfair – Paddy Power merger on course for Q1 2016

The merger between Paddy Power and Betfair is all set to be completed early next year, according to Betfair CEO Breon Corcoran. During the exchange operator’s half year results, the company confirmed that all relevant regulatory filings have been submitted and the merger is on track for completion in Q1 2016, subject to shareholder and regulatory approval Betfair appears to …

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Betfair signs 2 year Sandown ‘Tingle Creek’ sponsorship

Betfair has been announced as the new sponsor of the Tingle Creek Chase at Sandown in a two-year deal. The company is the first to use its status as an ‘authorised betting partner’ to reach an agreement to expand its sponsorship portfolio with Jockey Club Racecourses, owner of Sandown. Following the announcement of the initiative last month, JCR announced they …

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Betfair gains first New Jersey exchange wagering license

FTSE listed Betfair has achieved a significant breakthrough for its US operations, by gaining the first ever exchange wagering license granted by the New Jersey Racing Commission (NJRC). Betfair US in partnership with Darby Development the racetrack operator of Monmouth Park had its wagering exchange services granted approval by the New Jersey Sports & Exposition Authority (NJSEA). Following a review …

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