Scientific Games has secured a further tier-1 operator commercial agreement after FTSE100 betting group Flutter Entertainment Plc renewed its technology partnership for a further five years. Ahead of undertaking key merger integration projects, including Sky Bet and PokerStars, Flutter confirmed that it will maintain all Scientific Games ‘OpenSports’ technology provisions. The five-year renewal comes on the back of Flutter’s US …
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Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers
For today’s punters, being able to access betting data at the touch of a button forms such an important role in maintaining engagement and retention with punters. Björn Nilsson, Co-Founder at Triggy, spoke to SBC News about why its live score messaging and personalised betting suggestions can play such a pivotal role in engaging punters. SBC: Firstly, can you tell …
Read More »Tabcorp expects $1bn hit as ‘COVID and retail contractions’ take effect
Tabcorp Holdings will write down its wagering and media business by at least AUD $1 billion (€605m) as a result of COVID-19 shutdowns and ‘the possible acceleration of retail contraction’. The company made its statement in a filing to the ASX Exchange, in which it revealed that it had undertaken a ‘review of assets’ in which it expects to incur …
Read More »International profile buoys Flutter during troubled times
The continuation of racing across Australia and the US has come as a welcome relief for Flutter Entertainment, as its retail estate faces a blow from the postponement of global sporting events. Publishing a Q1 trading update for the three months ended 31 March 2020, Flutter reported group-wide year-on-year revenue growth of 16% in Q1, reported at £547 million for …
Read More »NZ’s RITA names Dean McKenzie as interim Executive Chair
New Zealand’s Racing Industry Transition Agency (RITA) has confirmed that Dean McKenzie will take up the position of interim Executive Chair in a bid to support the passage of the country’s Racing Industry Bill. McKenzie will take up the role from January until June 2020 to oversee RITA’s transformation into TAB NZ, taking over from current Chief Executive John Allen …
Read More »Flutter continues to feel the effect of FOBT ruling during Q3
Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …
Read More »Flutter sees 24% drop in profits bitten by global regulatory demands
Flutter Entertainment Plc, the rebranded entity of Paddy Power Betfair, has seen its interim H1 2019 profits before tax drop by 24%, as FTSE100 betting group cites changes in regulations and taxation as the lead factor in its year-on-year performance decline. Operating its enlarged portfolio of Paddy Power, Betfair, FanDuel (US), Sportsbet (AUS) and the recently acquired Adjarabet (CIS), Flutter saw …
Read More »GentingBet honours New Zealand pre-tournament bets following England win
Following the dramatic clash at Lord’s between England and New Zealand in yesterday’s 2019 ICC Cricket World Cup final, GentingBet has committed to honouring all pre-tournament bets on New Zealand winning the Cricket World Cup. The Black Caps fell short of winning the World Cup yesterday after England were named as the 2019 champions on a little-known boundary-countback rule, following …
Read More »Sportschamps becomes latest operator to be fined by New South Wales authorities
New South Wales authorities have continued their crackdown on illegal gambling advertising this week, as Sportschamps becomes the latest operator to be sanctioned for a deposit bonus promotion published on its site last year. The advert in question stated that customers would be able to sign up to the site for free, while also adding: “Matched first time deposit bonus …
Read More »Sportsbet fined for displaying illegal gambling advertisements
Australian operator Sportsbet has been hit with an AUS$10,000 (£5350) fine from New South Wales’ authorities after being convicted of displaying illicit gambling advertisements on its website. The advert in question displayed cartoon depictions of two male characters with their thumbs up, alongside the text: “Refer a Friend – Get a $100 Bonus Bet for every friend you refer to …
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