Tag Archives: Paddy Power Betfair

Eccles returns to betting scene with decentralised BetDEX

Nigel Eccles, the co-founder of FanDuel, has announced the launch of his new business venture BetDEX Labs – a decentralised sports betting exchange built on the blockchain rails of Solana (SOL).  BetDEX is co-founded by Eccles and former FanDuel senior engineers Varun Sudhakar (CEO) and Stuart Tonner (CTO).   Eccles posted on LinkedIn that the venture would be welcoming FanDuel Director …

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SIS moves to ‘support international expansion’ with two new appointments

SIS (Sports Information Services) has appointed Dr Laila Mintas and Giovanna D’Esposito as Non-Executive Directors, in order to ‘support its international expansion’. The multi-channel 24/7 live betting services supplier has detailed that both appointees have ‘many years’ experience’ at leading data and technology companies, and will ‘add significant strength’ to the company’s board. On the European side of operations, D’Esposito …

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Flutter exceeds Q3 expectations with double-digit growth across all brands

Flutter Entertainment Plc has reported a strong Q3 2020 trading update, in which the enlarged FTSE100 operator highlighted a growth in market share across its brand portfolio in addition to merger directives remaining ahead of schedule. Driven by the return of global sports, Flutter secured double-digit growth across all core metrics as group revenues topped £1.32 billion, up 27% on …

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Xtremepush to use Beechbrook ‘firepower’ to target €15m worth of acquisitions

Irish digital marketing software company Xtremepush is reportedly seeking acquisitions worth up to €15 million after successfully raising €4.25 million in funding from Beechbrook Capital. The acquisition strategy, according to co-founder and chief executive officer Tommy Kearns, will support the organic growth of the company and help ‘put boots on the ground’ in the US. “Our strategy is to continue …

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FSB selects Glenn Elliott as new COO

Sports betting platform provider FSB has confirmed that former SG Digital executive Glenn Elliott has joined the company’s executive leadership team as new Chief Operating Officer (COO). Elliott will be tasked with overseeing the company’s account management team as well as managing FSB’s five operational service divisions: Sports, Platform, Marketing, Retail and SaaS Hosting. Commenting on his new role, Elliott …

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Alex Gersh returns to betting as Sportradar CFO  

Sportradar has this morning confirmed the appointment of Alex Gersh as new Group Chief Financial Officer (CFO) effective immediately.  A sports betting figurehead, Gersh is recognised as a leading financial strategist for mass-market digital enterprises, having formerly served as Group CFO of Paddy Power Betfair Plc. Of distinction, alongside former CEO Breon Corcoran Gersh led the corporate turnaround of Betfair …

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BGC: Charities win big as bookies take beating in Britannia Stakes

UK Bookies have raised £250,000 for Cancer and Covid-19 charities after taking a beating on Thursday’s Britannia Stakes race at Royal Ascot. Earlier this week, Betting and Gaming Council (BGC) members vowed to donate all profits, after levy and duties were deducted, from win and each-way bets made on the race to charity. Participating bookmakers included Paddy Power Betfair, bet365, …

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GiG streamlines development resources with GroupVery

A restructured Gaming Innovation Group (GiG) has formed a strategic partnership with IT and engineering studio GroupVery improving its clients’ all-round web development and operating capacities. The London-based studio will be handling frontend development of GiG’s platform services for customers needing specific requirements. Operating since 2017, GroupVery has developed a specialist engineering team developing and maintaining customised frontends for high-volume and …

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SIS secures Saudi Cup distribution with leading bookmakers

Bet365, Betfred and Ladbrokes Coral are among a whole host of bookmakers who have secured rights with Sports Information Services (SIS) to distribute live pictures and data from this month’s Saudi Cup, nicknamed ‘The world’s most valuable horse race’. Customers of these bookmakers will gain access to live streams of the full two days of horse racing at the King …

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Watch: Joe Lee on the importance of collaboration

Head of GB&I at Paddy Power Betfair, Joe Lee has emphasized the importance of developing a collaborative relationship between the betting industry and sports governing bodies when it comes to maintaining integrity in US sports. Lee also discussed the importance of public trust, both in the industry as well as in governing sports bodies. In an interview at the recent Betting on Sports Conference, …

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