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, …
Read More »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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Betfair plc posted its opening Q1 2015 financial performance for the three month period ending 31 July 2014. The London listed operator posted a strong opening which saw net gaming revenues up 30% to £117.3 million (Q1 2014: £90.4 million). Its sports betting division posted a 30% net revenue increase to £83 million (Q1 2014 £64 million), igaming divisions further …
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Bernard Marantelli, CEO and founder of innovative football pool operator Colossus Bets, explains how the company is continually developing its B2B and B2C offering. You’ve just launched HDA15 – a 15 team accumulator with a £1m jackpot. What is the thinking behind this? We built this company in the belief the public wanted lotto sized sports jackpot bets with Fractional …
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Colossus Bets, home of the £10,000,000 Colossus and the world’s biggest football and sports jackpots, has launched a £1,000,000 HDA15 Football Jackpot aimed at dominating and consolidating the HDA (or 1X2) pools and traditional accumulator markets. Bernard Marantelli, founder and CEO of Colossus Bets, said: “Several operators currently run small 1X2 Pools, and whilst they may reach £1,000,000 once a …
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Sports betting operator Gala Coral and betting exchange Betfair is voiding bets on a football match after being notified that the event did not take place. The betting operators had taken wagers on a friendly match between Spain’s Ponferradina SD and Freamunde of Portugal. Ponferradina had withdrawn from the fixture and had been replaced by another football team who played …
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Betting exchange Betfair is extending its TV advertising campaign into the real world by placing its giant octopus between the fourth green and fifth tee of The Open golf championship at the Royal Liverpool Golf Club. ‘Paul the Octopus’, which made its debut playing table tennis in Betfair’s current This Is Play TV advertising, has been designed in homage to …
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In an industry first, UK betting brand Betfair has announced they will become the first betting company to use Google Glass headsets during their TV betting slots. It is the first move by the betting company in a wider business plan to utilise Glass to improve consumers’ betting experience. Starting this Saturday 5 July from Leicester with the 2.30pm slot …
Read More »Betfair informed Austrian customers that it would no longer take wagers on its betting exchange from July 14. The decision was undertaken after a review of the market by senior management. Betfair operates in Austria, under a regional igaming issued in April 2005 by the country’s gambling commission. Austria represents the firm’s second operational jurisdiction after the UK Betfair will …
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FIFA has found an unlikely ally ahead of tomorrow’s Colombia v Uruguay encounter. Amidst Bitgate, Betfair will rebrand across all platforms to show its support for the ban imposed on embattled star striker Luis Suarez. The betting exchange said it encourages the “thrill, excitement and fair play of sport” and will be calling itself Bitefair. The rebrand went live today and …
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