Tag Archives: Betfair

Flutter Entertainment has reported difficult first-half trading, as the FTSE100 betting group widened its year-on-year operating losses to £112m (H12021: £86m). Publishing its H1 2022 interim results, Flutter stated that earnings and profit reflected a period of known regulatory and macroeconomic challenges, highlighted by leadership at the start of the year. Period trading saw the group continue to register headline …

Will Tyrrell has been promoted to Director of UK Media at Checkd Group, as the Manchester-based igaming business eyes up growth in its domestic market.  Specific aspects of his new role will involve facilitation of ‘innovative partnerships’ with both operators and media organisations in pursuit of UK expansion.  Having joined Checked Group in 2017 after his Oddschanger online betting hub …

Steve Birch, Sky Bet Chief Commercial Officer, has stated that the operator’s partnership with the English Football League (EFL) will continue to focus heavily on responsibility.  Approaching the 10-year mark, the Flutter Entertainment sportsbook brand’s collaboration with England’s second-to-fourth flights of football continues amid a debate on betting’s relationship with sports.  Gambling reform advocates have repeatedly encouraged a distancing between …

Flutter Entertainment has announced the appointment of Steve Hawkes as Director of Reputational and Public Affairs for the FTSE100 betting group. A Fleet Street veteran, Hawkes is a former senior reporter covering business and political affairs for The Sun, The Times and The Daily Telegraph newspapers.  Hawkes joins Flutter from leading public affairs agency BCW Global, where he served as …

Flutter Entertainment Plc has confirmed the inbound appointment of Ian Brown as new Chief Executive of its UK-&-Ireland business. Brown will take the reins at the FTSE100 betting and gaming group in September, replacing outgoing CEO Conor Grant, who will continue to work with the incoming Chief Executive during the transition phase.  A former CEO of Booking.com’s Trips division and …

A Swedish court has upheld three separate penalties imposed in 2019 by the national regulator against SkillOnNet, Betway and Betfair. The fines were issued by the Spelinspektionen, the Swedish Gambling Inspectorate, for violations of licensing conditions relating to bonus provisions and underage gambling, and combined they hit a total of SEK 23.2m (£1.84m)..  In the case of SkillOnNet, the company …

Trading teams report on a roller-coaster 24-hours repricing UK political markets, as once again Boris Johnson’s future as PM is on the brink of a total collapse. Peak betting activity was triggered yesterday afternoon, as news broke of the double whammy of senior resignations led by Health Secretary Sajid Javid, who was quickly followed by Chancellor Rishi Sunak.  Handing in …

Betfair International, part of Flutter Entertainment, has named Brazilian national footballer, Ronaldo Nazário, as the firm’s latest brand ambassador. The three-time FIFA World Player of the Year and two-time World Cup winner joins Betfair on 30 June – witch shares the date of the 20th anniversary of Brazil’s fifth World Cup win in Japan in 2002. Kimberley Daly, Managing Director …

A strong field at this week’s Royal Ascot is expected to result in a large number of accumulators placed throughout the week, according to BusinessDay. Consulting some of the UK’s leading bookmakers, the business news site stated that firms are anticipating an ‘avalanche of accumulator bets’ throughout the five days of the festival. In particular, Baaeed in the Queens Anne …

Following a four-day public holiday celebrating Queen Elizabeth II’s Platinum Jubilee, the British public has woken to news that PM Boris Johnson will be subjected to a vote of confidence by fellow Party peers.  The vote was triggered this morning as Sir Graham Brady, Chair of the 1922 Committee, informed the media that he had received over 54 letters (15% …