European sports betting operator Unibet Plc, continues to be hit by negative currency exchange rate fluctuations on its core performance metrics for 2015. Updating the market on its interim performance, Unibet has disclosed record group revenues for Q2 2015 which amounted to £80.5 million (Q2 2014 – £75.6 million). Unibet would record H1 2015 group revenues of £156.6 million up …
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Unibet buys Stan James for £19m
Unibet Group plc has signed an agreement to acquire the online gambling business of Stan James Group plc together with full rights and ownership of the brand. The transaction does not include the UK shops business operated under the Stan James brand, which for a transitional period has been granted rights to the brand. Stan James is one of the …
Read More »Annie Power’s fall saves bookmakers millions
UK bookmakers faced a nightmare start to the 2015 Cheltenham Festival, as heavily backed Willie Mullins horses won their races. Day 1 at Cheltenham dealt bookmakers three mighty blows from the Mullins stable as jockey Ruby Walsh won the Sky Bet Supreme Novices Hurdles riding Douvan, the Racing Post Arkle Trophy Chase riding Un De Sceaux and the Stan James …
Read More »Bookmakers gear up for legendary Cheltenham Festival 2015
UK bookmakers are gearing up for four days of enticing racing at the 2015 Cheltenham Festival (10-14 March), as UK Racing’s biggest event prepares to say goodbye to champion rider AP McCoy. McCoy a Cheltenham legend with three Champion Hurdles, two Gold Cups and a Champions Chase win, will be looking to add to his festival haul for one last …
Read More »Head of PR Jiwani leaves Stan James
Stan James Head of PR Rory Jiwani has left the operator to pursue personal projects. Stan James confirmed the departure of Jiwani to industry news source EGR Magazine. The news of Jiwani’s departure comes after the Gibraltar based operator announced the re-launch of its website StanJames.com. Stan James further confirmed that it would support its new website with a new …
Read More »bet365 retains kings of money-back offers title for August
Bookmaker bet365 held onto its Bookmaker of the Month award for August while Paddy Power regained its Money Back Offer of the Month title from Stan James in rankings devised by leading online betting service and affiliate Freebets.com. The return of the domestic football season and three major horse racing meetings in the calendar, Glorious Goodwood, York’s Ebor Festival and the …
Read More »Stan James refutes sale speculation
Online bookmaker Stan James has denied reports that its Gibraltar operation is about to be sold off. Chief executive Denis Kelly told the Racing Post that there was no for sale sign outside the door, but that a bid at the right price would be considered. The imminent introduction of the point of consumption tax in the UK has seen …
Read More »Gibraltar – Stan James sale imminent
Gibraltar news sources stated that Stan James’ corporate management have held talks with a number of rivals over a sale of its betting and gaming assets. The news sources did not identify the biding parties involved, however a deal for the operator is now said to be imminent, with a Malta licensed operator said to be close to finalising an …
Read More »William Hill ‘well-positioned’ for point of consumption tax
New William Hill CEO James Henderson believes that the UK’s biggest bookmaker is well placed ahead of the introduction of the point of consumption licensing later this year. Speaking at the firm’s interim results, Henderson was quite bullish about Hill’s position, certainly compared to some of its competitors. He commented: “I think the numbers are strong. The underlying growth, even …
Read More »Stan James confirms job losses in betting trading team
Stan James senior management have made public that the operator plans to downsize its sports betting trading team. Senior management confirmed that up to 10% of its current sports betting team faced redundancy as the company is set to undertake new savings measures, which it hopes will make it more competitive in the online sports betting industry. Stan James further …
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