Tag Archives: Betfair

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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Paddy Power Betfair gets shareholders’ YES vote

There will be no time to celebrate Christmas for Paddy Power and Betfair governances as the shareholders of both companies have agreed outright to approve the £6.2 billion merger deal. Holding simultaneous ‘extraordinary meetings’ on Monday 21 December in which shareholders filed their votes, the merger deal saw a 99% investor approval, gaining a further significant step towards the creation of …

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Paddy Power – Betfair clears UK CMA review

  Following its commentary invitation and review of the merger of Paddy Power – Betfair, the UK Competition & Markets Authority (UK CMA) has officially cleared the £6.2 billion deal. The Paddy Power-Betfair merger clears its most important regulatory hurdle, which had been placed under review by the UK CMA in November and opened to public and industry commentary. The …

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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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