Tag Archives: Tombola

Flutter calls on start-ups to enhance retail offering

Flutter Entertainment plans to enhance  Paddy Power’s retail offering via its Alpha Hub ‘global innovation community’, calling on emerging tech start-ups to participate.  The group, which operates 625 betting shops across the UK and Ireland, is looking for firms with ‘tenacious ideas’ focused around data and analytics, the in-store experience and the future of self-service terminals.  Interested companies will also …

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GambleAware lauds ‘Big Four’ donations but decries ‘inconsistent approach’

GambleAware has published its list of corporate donors for the 12 months ending 31 March 2022, revealing that the ‘Big Four’ group of UK operators generated 89% of all contributions. The responsible and safer gambling organisation updated that Entain, Flutter Entertainment and William Hill all made donations in the millions, with total industry contributions to GambleAware reaching £34.7 million. The continued …

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Flutter calls on Betfair Cluj recruitment drive to support global IT expansion

Flutter Entertainment has disclosed to Romanian media that it seeks to recruit 500 new software developers and IT engineers to join its Betfair Cluj Napoca tech hub. The FTSE100 betting group has operated its Cluj tech hub since 2015, established by its Betfair business ahead of the subsidiary’s £4 billion merger with Paddy Power – a transformative deal that laid …

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Peter Jackson: Sustainable play is key for Flutter to match changing UK economics

Peter Jackson, Group CEO of Flutter Entertainment Plc described 2021 results as a ‘tale of two halves” for the FTSE100 betting group’s UK&IRE brands.   Matched against COVID-influenced record wagering Q4 2020 comparatives, Jackson admitted that the group’s flagship UK&IRE business had somewhat lost its trading momentum. UK&IRE teams “saw a very material swing in sports results year-on-year. The swing from …

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Flutter moves ahead with M&A strategy as Tombola acquisition completed

Flutter Entertainment has announced the finalised acquisition of Tombola, as it completes its second major takeover in as many months to continue its M&A focus into 2022. Detailing its ambitions following the merger, the FTSE100 gambling group has emphasised that Tombola will deliver ‘key strategic advantages’ as part of its wider portfolio of brands, in particularly diversifying its products. Additionally, …

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Flutter eyes Italian podium place with €1.9bn takeover of SISAL

Flutter Entertainment Plc has this morning announced that it has secured definitive terms to acquire Italian gambling group Sisal for a consideration of €1.9 billion (£1.62bn). An agreement has been reached with US private equity fund CVC Capital – the current owner of SIsal – which will see the Italian market leader in online and lottery verticals transferred to Flutter’s …

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Dutch Minister states that online market is ‘larger than previously thought’

A recent letter to the Dutch House of Representatives has revealed two key updates on the current ‘state of affairs’ with regards to the Netherlands’ newly launched online gambling market. Reviewing the letter sent to the country’s parliamentarians last week by Sander Dekker, Minister for Legal Protection, Rene Jansen, KSA Chairman, asserted that a key ‘preliminary’ conclusion is that ‘the …

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Flutter makes its bingo play with £402m buyout of Tombola  

Flutter Entertainment has secured a definitive agreement to acquire Tombola Limited – the UK’s leading online bingo and soft games operator for £402 million.  The deal will see Flutter diversify its games portfolio and expand its market share within the UK, in which Tombola generates 80% of its turnover.  “In its financial year to end April 2021 Tombola generated pro …

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Bet365, Tombola and LiveScore cleared to launch Dutch KOA market

Kansspelautoriteit (KSA) – the Netherlands gambling regulatory authority – has named the 10 operators granted licences to participate in the KOA online gambling regime that will formally launch on 1 October. As anticipated, KOA licences have been granted to the domestic trio of state-owned casino operator Holland Casino, ToTo Online, the digital unit of Dutch lottery Nederlandse Loterij, and Dutch …

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Tombola in-app adverts banned by the ASA

Copyright: gioiak2 / 123RF Stock Photo

The Advertising Standards Authority banned Tombola adverts appearing in the I’m A Celebrity, Get Me Out Of Here app, reminding the company of future conduct in the process. Maintaining that those under question were inappropriately targeted, the ASA stipulates that those in question must not be used again in the form complained of, without specific targeting to minimise the likelihood …

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