Tag Archives: richard flint

Game Changer! The Stars Group agrees to acquire Sky Bet for $4.7 billion

Toronto TSX-listed The Stars Group Inc continues its M&A drive, confirming this morning that it has reached an agreement with private equity firm CVC Capital Partners and Sky Plc to acquire Sky Betting & Gaming (SB&G) outright. Seeking to create the world’s ‘most valuable, listed online gambling enterprise’, the Stars Group governance has put forward a ‘cash and stock transaction valued …

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Sky Bet fined £1m by UKGC for social responsibility failures

Copyright: gioiak2 / 123RF Stock Photo

Sky Bet is to pay a £1m penalty package for failing to protect vulnerable customers, the Gambling Commission has stated. The regulatory body has detailed that the failures relate to customers who had self excluded from gambling, highlighting three key weaknesses in Sky Bet’s self exclusion scheme, meaning that: 736 self-excluded customers were able to open and use duplicate accounts …

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Next Chapter… Sky Bet seeks to replicate UK success abroad

A tech-savvy Sky Betting & Gaming (Sky Bet) dominated Monday’s industry headlines reporting stellar half-year results. Focusing on the in-house development of its platforms and systems, combined with rich data for greater personalisation of its website and mobile verticals, Sky Bet continues to show its technology pedigree against the industry’s legacy incumbents. City analysts are keeping a close eye on …

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Tech & Responsibility savvy Sky Bet posts stellar interim results

Independent online gambling group Sky Betting & Gaming (SB&G) has today published its interim results (26-week period 28 December 2017) reporting double-digit growth across its core metrics and product KPIs. The fast growth Leeds-based enterprise, reports period group revenues of £339 million up 47% on 2016/17: £230 million, recording a revenue split of Sky Bet £210 million (2016/17: £133 million) and …

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Standards Matter… William Hill’s Bowcock seeks to follow Flint’s path

 Scott Longley details why industry leaders Philip Bowcock (Group CEO of William Hill Plc) and Richard Flint (CEO of Sky Betting & Gaming) share an aligned vision and solidarity in raising industry social responsibility standards. In 2018, the betting industry has more to lose than just a punishing FOBTs judgement… ______________ William Hill has just endured one of those weeks. …

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Richard Flint: Tough conversations needed in order to create a ‘sustainable industry’

Speaking at ICE 2018, Sky Betting & Gaming (SB&G) Chief Executive Richard Flint has urged stakeholders to create a ‘sustainable industry which can be trusted by regulators, politicians, and above all, by our customers’. As an industry executive, Flint has been one of the more vocal leaders at expressing concerns relating to social responsibility. In his address, Flint tells ICE …

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Winning Post – Opportunity for US sportsbetting begins to emerge

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. US: sportsbetting regulation – slam dunk or airball? The nature of any US sportsbetting opportunity ‘post PASPA’ is now starting to take shape, with a number of states …

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SGC calls for shareholder vote as NYX deal secures Sky Bet approval

Nasdaq listed gambling technology supplier Scientific Games Corporation (SGC) has cleared a further hurdle in its $630 million takeover of NYX Gaming Group, as UK bookmaker Sky Betting & Gaming (SB&G) states that it will support the deal. Seeking to accelerate the transaction, SGC governance continues to acquire NYX shares at a target price of CAD $2.40 per share. At present, …

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Scott Longley – Sky Bet’s undeserved brickbats over EFL deal

Scott Longley details industry charity GambleAware’s bizarre criticism of Sky Bet’s English Football League (EFL) sponsorship extension, in which the online betting firm has placed consumer responsibility and safety at the heart of its marketing initiatives.    _______________ Sky Bet might be forgiven a measure of bemusement after the company found itself under attack from the problem gambling charity Gamble …

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Responsible gambling the focus in new five year Sky Bet and EFL deal

Sky Bet has announced a new five-year headline sponsorship deal with the English Football League (EFL), strengthening its responsible gambling strategy in the process. The deal, which will run until the culmination of the 2023/24 season, will represent a 20% year on year increase from 2019/20 on the current deal. Richard Flint, CEO of Sky Betting and Gaming, said: “We’re …

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