Tag Archives: Betfair

Increased player activity sees Betfair revenues surge 26%

Betfair Plc reported a 26% increase in revenues £237.6 million (H1 2014 £188 million) for its H1 2015 performance. The operator stated that its strong performance had been driven by a customer base growth, which had been supported by favourable sporting results and improved gaming cross-sell throughout Betfair’s product inventory. Improved revenue performance, saw Betfair report a strong EBITDA performance …

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Winner Sports’ aggressive marketing paying off

Analysis from online betting service and affiliate Freebets.com shows Winner Sports heading the competitive enhanced odds offers arena for the second successive month. An appealing sign-up offer which entitles qualifying customers to a 400% bonus on their first bet is one of the best around, but the bookmaker combines promote enhanced odds for new customers on high-profile sporting events throughout …

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Betfair Q2 revenues climb 22%

Betfair Plc announced that it had recorded a 22% rise to £119 million in Q2 2014 gaming revenues. The operator outlined that its positive performance had been driven by a strong growth in active customers and favourable sporting results reported during the period ending 31 October. Betfair senior management stated that the operator had continued its positive momentum, gained from …

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Witten joins SIS from Tipp24

Horseracing broadcaster and data supplier SIS has appointed former Ladbrokes and Betfair executive Paul Witten as Commercial Director. Witten joins SIS  from Tipp24, the German lottery business and is tasked with making SIS’s planned growth initiatives a success and will enhance the strength of its core video and data into retail betting products. His key responsibilities will include strengthening the …

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Appeal against licensing proceedings supsension fails

An appeal by the German state of Hesse against the suspension of the gambling licensing procedures has failed at the Higher Administrative Court Kassel. The Hesse Ministry of the Interior and Sport had been instrumental in issuing the 20 licences under the Interstate Treaty on Gambling, but some of the operators who didn’t get a licence have appealed against the …

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Mobile almost a third of total revenues

The latest Online Gambling Quarterly report from MECN has had a number of unusual events to assess, given that the first half of 2014 was marked above all by the FIFA World Cup and some events, such as the PokerStars acquisition, that shook up the industry. This new report covers online gambling industry benchmarks, KPIs, and related topics and comes …

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Colossus Bets player offered £324,477 cash out

Football pools jackpots betting operator Colossus Bets,  announced that the last surviving player in the weekend’s £1,000,000 HDA15 Football Jackpot has been offered £324,477 for 100% of their live ticket with just two legs left to go. Having played through Betfair, one of Colossus Bets’ B2B partner sites, the player was made the offer of £324,477 for the ticket following Stoke’s 1-0 victory …

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Scotland vote demonstrates the prediction power of betting markets

The Scottish referendum result marks the fifth time in a row that the Betfair Exchange has correctly predicted a significant political outcome as the NO vote confirmed what the Exchange had been pointing to for several months. Betfair had consistently called the NO vote as around an 80% chance to win, with the YES campaign around a 20%, despite opinion …

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Generous ATM is a Betfair promotion for its ‘Price Rush’

Betfair has claimed responsibility for a stunt which saw Super Rich Cash Machines, a mysterious ATM provider that appeared on Tooting High Street on Wednesday morning, dispensing more money than was expected to customers. News of the malfunctioning cash machine broke on Wednesday morning across social media as members of the public tweeted about the free cash they were receiving, …

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Betfair release % chance charts on Scottish Referendum outcome

On 18 September, Scotland’s voters will decide whether to stay part of the United Kingdom or go it alone. Betfair’s political trading desk has released a set of charts monitoring % chance of the Scottish Referendum’s Yes and No campaigns. The charts published by Betfair’s Exchange demonstrate the implied % chance of each voting outcome. Betfair’s Exchange has so far …

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