Tag Archives: Betfair

The British racing scene, and by extension the country’s bookmakers, were stunned into silence by the news that iconic jockey Frankie Dettori will retire from the saddle in 2023. As British betslips look set to lose a familiar face after nearly 40 years on the racecourses, how important has the Italian maestro been for both racing and wagering, and who …

Flutter Entertainment has reiterated its stance as Europe’s most sustainably focused gambling group, guided by the corporate directives of its ‘Positive Impact Plan’. The FTSE100 firm’s ESG achievements and directives were detailed to Brussels-based trade body, the European Gaming and Betting Association (EGBA), by Sue Albion, Group Director of Sustainability and Regulatory Affairs.   “Built on the strong foundations laid by …

Betfair has linked up with Press Box PR in organising what has been described as a ‘world first’ horse race which predicts the winner of the 2022 FIFA World Cup. Called the Betfair Race to the World Cup Stakes, the digital PR agency staged the race at Haydock Park Racecourse last Saturday which featured six runners, representing the top teams …

Flutter Entertainment has notified that fewer than 200 staff have been made redundant, having completed the restructuring exercise of its UK and Ireland unit. This summer, the FTSE100 gambling group informed investors that it would review its operating structure required to service its home market portfolio of Paddy Power, Betfair and Sky Bet brands. Authorised by group leadership, the restructure …

Flutter Entertainment has notified shareholders that Zillah Byng Thorne has ended her nine-year tenure as a board member of the FTSE100 gambling group.  The CEO of British media and publishing group Future Plc, Byng Thorne will officially resign from Flutter directorship duties on 31 January 2023. Departing Flutter, Byng Thorne has accepted to serve as a Non-Executive Director of NYSE-listed …

Flutter Entertainment has secured GamCare’s Advanced Safer Gambling Standard for three of its primary betting and gaming brands. The Paddy Power, Sky Betting and Gaming and Betfair ‘online focused’ sportsbook and casino operators, oriented towards the UK and Irish markets, received the accreditation following an assessment. Specifically, the gambling treatment charity and industry standards organisation granted Flutter the Gold Advanced …

Betting exchanges have cited a whirlwind weekend pricing ‘Storm Liz’, as once again speculation swirls around a Conservative Party mutiny against its leader.  Less than six weeks in office, PM Liz Truss is fighting for survival, as her chaotic economic recovery plan was ripped up by new chancellor Jeremy Hunt in an address this morning. Short on friends and allies …

Grey areas surrounding judgements by Sweden’s Supreme Administrative Court have been clarified according to Gambling Inspectorate Spelinspektionen.  Over the past four years, 80 of the authority’s decisions have been tried against in court by the operators involved, with many related to offering betting markets on fixtures involving participants under 18 years old.  Notable examples include Zecure Gaming who in 2019 …

Alex Gersh, a former executive with two prominent names in the sports betting space, has filled the Chief Financial Officer (CFO) vacancy at Paysafe. The new hire joins the payments platform from Sportradar, where he has served as CFO since July 2020, overseeing a period of strong growth for the Swiss-based sportstech and data firm, as well as its successful …

The effectiveness of gambling advertising was put to the test by YouGov this week, as the data analytics firm published the results of an investigation into Champions League betting experiences.  Results from the study, conducted before and after the 2022 UEFA Champions League Final, found that offers and reminders ‘influenced the majority of bettors’, with 54% stating that these promotions ‘helped …