Tag Archives: Betfair

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 …

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 …

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 …

  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 …

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 …

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 …

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 …

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 …

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. …

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 …