Tag Archives: ireland

Dermot Desmond loses Playtech ‘influence’ appeal on Ladbrokes-Coral merger

SBC News Dermot Desmond loses Playtech 'influence' appeal on Ladbrokes-Coral merger

Irish billionaire Dermot Desmond appears to have lost any chance of halting the merger of Ladbrokes and Gala Coral as the UK Takeover Panel has rejected his appeal regarding the influence of gambling technology provider Playtech on the deal. Desmond who owns 2.8% of Ladbrokes Plc shareholdings had appealed to the Takeover Panel regarding the disclosure of an agreement which …

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Irish bookmakers’ stop wagers on under-18s sports

SBC News Irish bookmakers' stop wagers on under-18s sports

Ireland’s two largest bookmakers, Paddy Power and Boylesports have confirmed that they will no longer accept wagers on Irish under-18s sporting fixtures or competitions, in a move to address national concerns relating to gambling’s impact on sports development. Both operators will no longer display betting markets for under-18s competitions, a move that has been welcomed by Irish sporting stakeholders such …

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SBTech celebrating ‘very strong and successful year’ at Super Show

SBC News SBTech celebrating 'very strong and successful year' at Super Show

Sportsbetting supplier SBTech is to showcase its cutting-edge product portfolio at the iGaming Super Show in Amsterdam June 7th – 10th at stand B60. SBTech believes combination of localised offerings, expert legal oversight, versatile tools and expert industry knowledge has positioned it as a ‘world-leading sportsbetting provider’. This is shown be the wide geographical spread of its operating partners, who are based in the …

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IBA – Irish betting shops need to reinvent themselves

SBC News IBA – Irish betting shops need to reinvent themselves

Speaking to The Irish Independent newspaper, Sharon Bryne Chair of the Irish Bookmakers Association (IBA) has stated that Ireland’s retail betting sector is in dire need of strategy rethink. Since 2008 reports show that Irish retail betting shops have dropped €1 billion in revenues, representing a 30% industry decline. Furthermore, recorded wagering has fallen from €3.7 billion to €2.6 billion …

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SeanieMac bolsters UK racing presence

SBC News SeanieMac bolsters UK racing presence

Irish betting operator SeanieMac International has confirmed that its subsidiaries SeanieMac and ApollobetUK have joined UK racing’s Authorised Betting Partner (ABP) scheme. In addition to joining the ABP, SeanieMac will further support UK racing by agreeing a partnership with the Jockey Club, which will see the operator sponsor almost 40 race meetings. SeanieMac marketing expects to boost its brand coverage to …

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Paddy Power cuts 300 Irish jobs

SBC News Paddy Power cuts 300 Irish jobs

Irish news sources have reported that Paddy Power is set to cut up to 300 jobs from its Dublin operations in-line with its post Betfair merger strategy. The betting operator informed its Dublin staff yesterday. It is reported that the job cuts will likely be in overlapping business areas such as marketing, technology development and trading. Paddy Power Betfair (PPB) …

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Bookmakers lick wounds after ‘Worst Ever Cheltenham’

SBC News Bookmakers lick wounds after ‘Worst Ever Cheltenham’

As Cheltenham Festival organisers clean the stands and pull-down the hospitality tents, UK and Irish bookmakers have left this year’s racing spectacle bruised and battered. Returning to their offices, bookmakers will have to fork out an expensive festival tab of + £60 million as punters cashed in on multiple favourites. Suffering a severe post-festival come-down, nearly all bookmaker PR teams have …

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