Tag Archives: Paddy Power Betfair

Greg Knight Managing Director of UK independent bookmaker Jenningsbet has criticised Paddy Power Betfair CEO Breon Corcoran for advising the government to reduce FOBTs wagering to a £10 limit. Last month, it was revealed that Corcoran had written a letter to the Department of Culture, Media and Sport (DCMS), advising sports minister Tracey Crouch to drastically reduce wagering levels on fixed-odds …

Scott Longley reports on the potential fallout from the surprise Scientific Games acquisition of NYX Gaming, and its Openbet subsidiary. _________________ It may seem surprising that in a climate of sometime feverish M&A speculation, the potential of a buyout deal for NYX Gaming launched by one of the behemoths of the global gambling provision could have been kept under wraps. …

FTSE100-listed online betting group Paddy Power Betfair (PPB) has streamlined its affiliate marketing terms of business, adding a new ‘1 Strike Policy’ to its Betfair and Paddy Power partnership programs. The company has informed its affiliate that it will immediately suspend any marketing partner found to have breached its promotional/messaging guidelines. PPB states that it has implemented the 1 Strike …

Updating the market, FTSE100 sports betting group Paddy Power Betfair (PPB) has confirmed the appointment of Jan Bolz as a new Independent Director. An industry leadership veteran, Bolz served as Chief Executive of European sports betting operator Tipico Sportwetten (2011-2016). Bolz has had a distinguished career focusing on commercial development and marketing disciplines having served as VP of Commerce for …

More than 120 operators, 75 top level affiliates and 80 suppliers will be joined by some of the biggest sports organisations in Europe at this year’s Betting on Sports conference, held from 12-15 September. Among the 120 operators at #boscon2017 will be the recently merged Paddy Power Betfair, a premium sponsor of the event, and Ladbrokes Coral, which will be …

Breon Corcoran is stepping down as CEO of Paddy Power Betfair to be replaced by Worldpay CEO Peter Jackson. The operator informed the stock market this morning that Corcoran is leaving after 16 years with the Paddy Power Group and having overseen the successful merger with the Betfair betting exchange in February 2016. The news saw the share price drop 5%. Chairman …

Industry market analysts are weary of FTSE listed operator stock performance, taking the position that ‘punter friendly’ sporting results, rising costs and a tough 2016 comparable period, will have hindered all-round Q2 trading. As FTSE-listed bookmakers prepare to announce their full H1 trading results this coming July and August. City analysts have placed a gloomy forecast for industry H2 performance, …

Ken Robertson is set to leave Paddy Power Betfair (PPB) as Group Director of Advertising, a role he had been promoted to last April 2016 following the post-merger combination of Paddy Power and Betfair marketing divisions. Confirming his departure to the Irish Times, Robertson further detailed that he is seeking to create his own ‘creative marketing business’ targeting new social …

SBC Events has increased its focus on industry leading content and thought leadership debate at this year’s Betting on Sports conference (#boscon2017 13-15 September) to meet the demands of organisations sending staff from multiple areas of the business. The second incarnation of the largest international sports and betting trade conference will introduce no fewer than eight conference tracks combined with …

FTSE100 bookmaker Paddy Power Betfair (PPB) is set to close down its Gibraltar operations, as part of the firm’s ongoing post-merger transition. The enlarged enterprise has made its decision in order to realign its operations by centralizing its core business divisions. The shutdown of its Gibraltar office will see PPB surrender its Gibraltar Government online gambling licenses inventory. At present, …