Betfair projects a bleak outlook for the Conservative Party and its plans to remain in government as the UK’s next General Election looms. At this week’s Party Conference in Manchester, Betfair announced: “Punters on the Exchange are backing the Conservatives to lose more than 201 seats (5/2 – 29% chance) at the next general election.” The favoured outcome among Betfair …
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Flutter kicks-off Cash4Clubs 2023 to fund community access to sports
Flutter Entertainment has reinitiated its ‘Cash4Clubs’ commitment in support of amateur sports clubs and organisations across the UK. Kicking-off the Cash4Clubs 2023 programme, Flutter has pledged to donate £200,000 to community clubs and charities over the rest of the year. Cash4Clubs will allow cash-strapped sporting organisations across the UK and Ireland to bid for direct grants of £2,000 a time …
Read More »NFL: Do enough European operators offer sufficient betting opportunities?
The new NFL season is underway and, in the US at least, the start of the season is one of the most eagerly anticipated moments in sport. But what about Europe? There are increasing instances of regular season games being played on the opposite side of the pond and interest is on the rise. But is this popularity reflected in …
Read More »Betfair dreams of the #RonaldoVerso for Brazil
Betfair has launched its new Brazil nationwide advertising campaign, telling the tale of the ‘#RonaldoVerso’ (#RonaldoVerse). Launched this week, the RonaldoVerso campaign is fronted by Betfair’s South American football ambassador Ronaldo ‘R9’ Nazario. The campaign has been developed by Octagon LatAm, the Sao Paulo-based subsidiary of international sports media and advertising agency Octagon (Interpublic Group). Campaign notes detailed that “the …
Read More »Dan Taylor: Betting big with Flutter International
A map behind the desk of Dan Taylor, details the travels of the Chief Executive of Flutter Entertainment Plc’s International unit. So far in 2023, Taylor has “travelled to 29 countries in six months”, to oversee the progress and expansion of Flutter’s international division (which excludes its brands in the UK, Ireland, US and Australia). “I guess I could start …
Read More »Flutter faces ‘transformation point’ on positive US EBITDA of $100m
Flutter Entertainment Plc has reached an “inflection point” for its business, as its US FanDuel division ‘achieves profitability’ to transform its group earnings performance and prospects. Delivering on a core strategic target, Flutter published its Interim H1 2023 results registering group revenues of £4.8bn, up 42% on 2022 comparatives of £3.38bn. Period trading marked a strong momentum, with average monthly …
Read More »Betfair sees no change or challenge to Biden vs Trump for US 2024.
The adage of ‘expect the unexpected’ appears to have been forgotten in US politics, with all signs pointing to a repeat of Joe Biden vs. Donald Trump as the contenders for the US 2024 Election. As it stands, nothing seems capable of derailing this outcome, even as former President Donald Trump faces his third indictment in connection with the events …
Read More »Bookies Corner: Lionesses vs Team USA the blockbuster final for World Cup 2023
No lazy summer for bookmakers, as once again they are tasked with pricing a FIFA World Cup tournament. England travel to Australia and New Zealand as the tournament’s joint-favourites alongside Team USA. Can the Lionesses deliver World Cup glory in what is guaranteed to be the biggest-ever sporting event for women’s sport… __________________ SBC: Following the success of last year’s …
Read More »Betfair ordered to explain Danish AML shortfalls
Spillemyndigheden, Denmark’s Gambling Authority, has issued three orders and a reprimand to Betfair International for violations of Denmark’s Anti-Money Laundering (AML) Act. The subsidiary of Flutter Entertainment is believed to have maintained inadequate risk assessment procedures (order A), insufficient business procedures for customer due diligence (order B), and improper internal controls (order C). Following a review of Betfair’s Danish operations, …
Read More »The Premier League transfer window: bookies banking on some ‘fire sales’
As the dust settles on Manchester City’s historic treble, attention turns to the opening of the Premier League transfer window and speculation is rife as to which players will be switching allegiances for 2023/24. As always, this is a busy time for bookmakers. Whilst some, such as Betway, haven’t offered transfer markets for some time, others offer multiple odds as …
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