Following the landmark deal between ESL and Microsoft, console based esports received some more good news after it was announced that Fox Sports will broadcast the FIFA Interactive World Cup. The esports tournament has a purse of $20,000 (£13,895) and will see 32 grand finalists battle it out over three days to be crowned champion and the title of best FIFA …
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The merger between Paddy Power and Betfair is all set to be completed early next year, according to Betfair CEO Breon Corcoran. During the exchange operator’s half year results, the company confirmed that all relevant regulatory filings have been submitted and the merger is on track for completion in Q1 2016, subject to shareholder and regulatory approval Betfair appears to …
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Bwin.party CEO Norbert Teufelberger has not ruled out recommended a takeover offer from GVC Holdings, but wants the firm to work on its bid. Until then, the board is continuing to support 888 Holdings’ original bid. He commented: “We have been working with GVC and their advisors to try and help them resolve certain key aspects of their proposal, something …
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Gala Coral has bucked a trend by announcing good trading figures for the group’s third quarter period, ending 4 July. Net Revenue of £305.0m was 6% ahead of last year, and EBITDA of £65.7m was up 8%, boosted by continued growth in Online and Gala Retail. The figures are despite the £7.2m extra costs of gaming machines caused by an …
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French operator France-Pari has announced that it has made a profit for three consecutive quarters. During the third quarter 2014, the company’s revenues grew up to €4.1 million compared to €3.2 million for the same period in 2013. Company EBITDA for the quarter amounted to €115,000 and net income to €70,000. Cumulative revenues for the first three quarters of 2014 …
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Betfair plc posted its opening Q1 2015 financial performance for the three month period ending 31 July 2014. The London listed operator posted a strong opening which saw net gaming revenues up 30% to £117.3 million (Q1 2014: £90.4 million). Its sports betting division posted a 30% net revenue increase to £83 million (Q1 2014 £64 million), igaming divisions further …
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Ladbrokes has seen its profits halve in the first six months of the year as the bookmaker suffered a transitional period for its digital business. Profit after tax dropped by 49.8% to £23.7m for the period, with huge drops in operating profit for UK Retail (down 21.3% to £57.6m), European Retail (down 32.0% to £6.6m) and digital (down a whopping …
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Germany’s World Cup triumph netted one shrewd punter £83,000, after his sensational fivefold came in. The online, TV and mobile sportsbook tweeted the bet yesterday, saying: “One punter has well and truly #skybettered us. He placed this fivefold in August and has won over £83,000! Well done!” Imagine sweating 11 months, you Gotze be kidding me!!!
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Jacek Wojdyla, Head of International Affairs at FIFA’s integrity subsidiary Early Warning System (EWS), explains how the organisation is approaching things during Brazil 2014. How will EWS be operating over the World Cup? How do you analyse a suspicious game? After the risk assessment pre-work, we will monitor the WC based on our 3-pillar strategy: 1. Technical monitoring of the …
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Do you know your Ronaldo from your Ronaldo, when we all celebrated Milla time or which Luis Suarez will be most successful this summer? Then here’s a chance to prove your mettle. Onside Analysis, specialist in football performance and data analysis, has developed a 20 question quiz on the World Cup. The person who gets most correct (or is selected …
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