Tag Archives: Betfair

Will De Nardo to provide MyRacehorse with marketing and gaming guidance

Stride racing syndicate

MyRacehorse has appointed former Betfair horse racing principal Will De Nardo as its UK and Ireland Marketing Director and Global Gaming Lead. A US-founded enterprise, MyRacehorse is seeking to strengthen and expand its presence in the established horse racing markets of the UK and Ireland, and De Nardo will leverage his betting industry experience in pursuit of this goal. The …

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Flutter sounds horn on US listing for FanDuel

SBC News Flutter sounds horn on US listing for FanDuel

The board of Flutter Entertainment Plc has this morning announced that it is examining options to pursue a separate US listing for FanDuel.  An FTSE filing revealed that Flutter’s board believes that listing FanDuel on a US exchange will generate “long-term strategic and capital market benefits for company shareholders”. The option comes as FanDuel has established itself as Flutter’s largest …

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Betfair to appear on ‘important space’ of Cruzeiro men and women’s shirts

SBC News Betfair to appear on ‘important space’ of Cruzeiro men and women’s shirts

Betfair has announced a shirt sponsorship of Campeonato Brasileiro Série A club, Cruzeiro Esporte Clube. The betting company’s branding is placed on the chest of the team’s shirt, which after three years, is back in top flight of the Brazilian Championship after a recent promotion. “We are very excited about this partnership, as we will have the opportunity to support …

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Flutter awards £130m UK advertising account to EssenceMediacom

SBC News Flutter awards £130m UK advertising account to EssenceMediacom

Flutter Entertainment has appointed EssenceMediacom, the flagship media planning and buying agency of WPP Plc, to manage its entire UK advertising account. The FTSE100 gambling group maintains a prior relationship with Mediacom, the agency that consolidated the Paddy Power and Betfair advertising accounts in 2016 as part of the group’s +£100m post-merger synergies strategy. Subsequent M&As undertaken by Flutter saw …

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Flutter begins succession plan for Gary McGann chairman exit 

SBC News Flutter begins succession plan for Gary McGann chairman exit 

Flutter Entertainment Plc has begun planning for the succession of Gary McGann as Executive Chairman of the FTSE100 gambling group.  This morning, Sky News reported that Flutter governance had begun ‘interviewing candidates’ to “identify a successor to Gary McGann”, who has served as chairman of the company since 2015. City Sources indicate that McGann’s departure will be announced later in …

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Bookies Corner: One ‘final blow to the bookies’ from Fankie Dettori?

Bookies Corner: One ‘final blow to the bookies’ from Fankie Dettori?

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 …

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Flutter lauds Positive Impact Plan in goal to become Europe’s most sustainable gambling group  

SBC News Flutter lauds Positive Impact Plan in goal to become Europe’s most sustainable gambling group  

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 …

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Flutter completes home market review with redundancies below forecasts

SBC News Flutter completes home market review with redundancies below forecasts

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 …

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Zillah Byng Thorne calls an end to Flutter NED duties

SBC News Zillah Byng Thorne calls an end to Flutter NED duties

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 …

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