Tag Archives: Betfair

Leicester City fan wins Scoop6 with Betfair

Scoop6 bonus hunter Christopher Downes will guarantee himself a five-figure profit in his quest for a slice of Saturday’s near £1 million pound pot by laying off his selection on the Betfair Exchange.  Downes is a keen punter whose previous biggest win was £3,400 on a placepot. He is said to be leaning towards picking the favourite, Blazer, as his …

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Betfair – New Hampshire Primary sees Trump re-emerge as favourite

Following a poor showing at Iowa in the initial primary on February 2nd the odds for Donald Trump to win rose as high as 6/1. The tables have turned once more however after the businessman turned politician stormed the Republican primary at New Hampshire on February 9th with a landslide victory. Ted Cruz enjoyed an unexpected victory at Iowa but is now …

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New leadership team takes over at Paddy Power Betfair

Having secured a listing day share price of £105 on the London Stock Exchange, newly merged betting enterprise ‘Paddy Power Betfair’ confirmed its new governance team, which will lead the company post-merger integration. ‘Paddy Power Betfair’ will be led by former Betfair CEO Breon Corcoran, who will serve under the Chairmanship of Gary McGann (former CEO of Smurfit Kappa Group). …

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Paddy Power Betfair begins trading on Dublin & London exchanges

Having gained regulatory approval of its proposed new share scheme by the UK High Court of Justice, this morning will see the first trades of new gambling powerhouse ‘Paddy Power Betfair’ on the main stock exchanges of Dublin and London. The beginning of trading, will see Paddy Power and Betfair governances complete their agreed £6.4 billion merger which was first …

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Paddy Power targets €180 million profits for 2015 performance

Ahead of its planned merger with Betfair, Paddy Power Plc governance released its corporate interim statement detailing that it expects to post an operating profit of  circa €180 million (£136 million) for its full year 2015 performance. Reporting on its H2 2015 performance (period of 1 July – 15 November 2015), Paddy Power governance stated that company performance had been …

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British Racing rejects Coral offer after ABP row

The British Horseracing Authority has dismissed Coral’s offer for a flat 7.5% of its online and retail horseracing profits, labelling it an an “unrealistic realistic starting point” on the grounds that it would generate less for the sport than existing arrangements. The latest clash between racing and the bookmakers has been caused by the introduction of the Authorised Betting Partner …

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Betfair believes Coral Welsh Grand National will take place Saturday

Betfair is offering odds of 4/11 that the re-scheduled Coral Welsh Grand National will go ahead this Saturday.   Should it take place the race will be held at Chepstow, though with the ongoing heavy rains throughout the UK inspections were called on Thursday at Wetherby and Wincanton for Friday’s races. Betfair spokesman Barry Orr said: “Despite the unsettled forecast we make it …

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Betfair adds virtual sports via Inspired

Global gaming technology firm Inspired has announced that Betfair is the latest company set to offer its Virtual Sports products. Sports betting and gaming provider Betfair will offer a selection of titles including Rush Football, Rush Horses, Rush Greyhounds, Rush Motor Racing, Rush Speedway, Rush Cycling and Rush Tennis. These will be available both online and on mobile.   Betfair will …

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Betfair brings its Canadian operations to a halt

It has been reported that Betfair it is to withdraw its services from Canada with near immediate effect; all services will be concluded by January 14th. The gambling operator sent out an email during the Christmas period to its customers informing them that residents of Canada would no longer be allowed to place bets, and that gaming services would also be blocked. No …

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The Sunday Times names Betfair’s Breon Corcoran as “Business Person of the Year”

UK newspaper The Sunday Times has named Betfair Chief Executive Breon Corcoran as “Business Person of the Year 2015”. In a special feature written by The Times leisure correspondent Peter Evans and titled “Gambling Geek”, Corcoran details his tenure to date as leader of Betfair, which has seen the CEO transform the operator from its 2011 post IPO decline into …

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