Tag Archives: Flutter Entertainment

Betfair severs ties with Gordon Elliott due to controversial photo

Online gambling operator Betfair has severed its connections with Gordon Elliott, after an image of the renowned Irish racing trainer sitting on a dead horse circulated on Twitter. The picture of the trainer sat on the horse, which allegedly died of a heart attack, is reported to be some years old, and first surfaced on social media on Saturday. Despite …

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Flutter takes leading role on Irish safer gambling duties

Flutter Entertainment has announced an update to its safer gambling commitments within the Republic of Ireland. As the operating company of Paddy Power, Flutter stated that it has chosen to ban credit card transactions and will further implement a whistle-to-whistle TV advertising ban across all sports programming. In addition, the firm will donate  1% of Net Gaming Revenue (NGR) to …

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Entain first to bat with AUS $3bn cash-offer for TAB

Entain Plc has emerged as the first suitor to disclose its interest in acquiring Tabcorp Holdings’ TAB racing and sports betting unit, tabling an AUS $3 billion (£1.9 bn) all-cash offer to take control of the underperforming business. The FTSE100 firm’s cash offer represents, it said, the ‘market valuation’ placed by ASX analysts on Tabcorp’s wagering unit.   The Australian Financial …

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Flutter’s Ian Proctor outlines affordability approach

Ian Proctor, Chairman of Flutter Entertainment, the bookmaking holding company behind Paddy Power and Betfair, has released a statement concerning the ongoing review of the 2005 Gambling Act. In the statement, Proctor acknowledged that: “Gambling has gone through a technical transformation over the last 15 years, and the rules have not kept pace.” The main focus of Proctor’s statement concerned …

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William Hill commits to 100% renewable energy with new green policy

British online and retail bookmaker William Hill has moved 100% of its UK electricity supply to renewable energy sources as part of a new green commitment. The arrangement has been in place since 1 October 2020 following a procurement tendering process which saw the operator switch energy suppliers from Grid Electricity to Total Gas and Power. As a result of …

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Sky Bet ‘promotes’ WFH hybrid with new office design

Sky Betting and Gaming has announced plans to relocate its Leeds office to 4 Wellington Place, a new commercial development in the heart of the city centre. The Flutter Entertainment owned betting operator is one of the largest employers in the city, and plans to consolidate around 1,400 employees in the new offices. Sky Bet employees are currently working from …

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Flutter to appeal Kentucky Court’s $870m TSG ruling

Flutter Entertainment is expected to appeal a $870 million ruling made by the Kentucky Supreme Court, having argued that the litigation ran contrary to modern US legal precedent. The case, which was reversed in late 2018, was initially filed by the Commonwealth of Kentucky in 2010, approximately four years prior to The Stars Group’s (TSG) acquisition of the PokerStars business.  …

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The launch of the Gambling Act review: how the industry has reacted

The launch of the Gambling Act review: how the industry has reacted

As the gambling industry wakes up to the announcement that the Department for Digital, Culture, Media and Sport (DCMS) will be launching its review into the 2005 Gambling Act, the news has been largely welcomed by various different stakeholders from across the sector. The review, which is expected to result in the biggest reform of UK gambling laws since the …

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888 selects Vaughan Lewis as new Chief Strategy Officer

888 Holdings has strengthened its senior leadership team after confirming that Vaughan Lewis will assume the newly-created position of Chief Strategy Officer. Due to join the company in early 2021, Lewis will leave his role at Flutter Entertainment where he held the position of transformation lead for the international business following its acquisition of The Stars Group in May 2020. …

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Peter Jackson: Gambling Act review should focus on forthcoming technology disruptions

The UK government’s upcoming review of the ‘2005 Gambling Act’ will be fundamental to ensuring that industry legislation keeps pace with technological advances according to Peter Jackson, CEO of Flutter Entertainment. Jackson stated that a review was urgently needed to bring UK gambling into a ‘digital era’, in which reforms should focus on the wider use and impact of technology …

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