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Ladbrokes Coral serves up solid 2016 despite adverse December closing

Issuing its first trading statement this morning as Ladbrokes Coral Plc, the FTSE newcomer stated that full-year operating profits would be ‘in-line with its expectations’ of £275-285 million. Breaking down its profits target, Ladbrokes standalone operations are expected to generate circa £101 million, with Coral Group assets contributing expected corporate profits of £179 million. As anticipated Ladbrokes Coral governance detailed ... Read More »

Bookmakers give mixed reactions to expanded 48-team FIFA World Cup

Bookmakers appear tepid on the prospect of an enlarged 48-team FIFA World Cup for 2026. Last week, the FIFA Council voted unanimously in favour of President Gianni Infantino’s expanded 48 team format, which drew criticism from multiple football stakeholders. At present, the expanded 48 team tournament will see an opening stage of 16 groups of three teams, with the top ... Read More »

Kindered Group first operator to gain EU ‘Recommendation on Consumer Protection’ accreditation

Updating the market, Kindered Group (former Unibet Group Plc) has confirmed that it has become the first industry operator to meet all requirements of the European Union standards and policy mandate; ‘Recommendation on Consumer Protection’ (2014). Completing an official audit, Kindered Group assets successfully passed an official review benchmarked against EU standards and best practices focused on ongoing consumer protections ... Read More »

Sky Bet steps up for Brighton fans travel woes against Cardiff City

Sky Bet, the title sponsor of the English Football League (EFL), are sponsoring extra buses and coaches for Brighton & Hove Albion fans for the postponed fixture against Cardiff City. The original match day was due to be played on 30th December but it was rescheduled for ‪24th January after being postponed due to heavy fog. But with the new date affected ... Read More »

Spiffx enters African market with Cheza Gaming

Lennart Gillberg 2016 & Cheza Gaming

Spiffx has entered the African market after signing a deal to launch its B2B white label product, Take5Live, on regional sports betting and gaming operator Cheza Gaming. As a first step for the partnership, Take5Live, a game based on Spiffx market activity that allows customers to place bets on there being a goal within the next five minutes, will be ... Read More »

Betcade confirms that it will cease operations this January

Issuing a corporate statement, David Chang the CEO & Founder of dedicated ‘real-money’ gaming/gambling app store Betcade has informed stakeholders and the media that his firm will cease operating by the end of January 2017. Updating the market, Chang did not detail specifics as to why Betcade has chosen to stop its operations. Chang thanked all stakeholders associated with the ... Read More »

Betfair customers write off French Socialist party ahead of debates

Copyright: sborisov / 123RF Stock Photo

According to the Betfair Exchange Manuel Valls and Arnaud Montebourg boast little chance of success in the upcming French election. Ahead of the first of the Socialist Party TV debates Valls and Montebourg have been given just a 2% chance of victory. The debates are an opportunity for those wishing to become France’s Socialist Party candidate ahead of the presidential primary elections ... Read More »

Britons leave an average of £15 in dormant gambling accounts

BettingTips4You blinow61 / 123RF Stock Photo

New research by www.BettingTips4You.com has revealed that the average Briton with a dormant gambling account has £14.96 left in their account. The research showed that a third of Britons have a gambling account, with 22% of those admitting that they have almost £15 unused in their account, which amounts to £53.58 million of unused money. This was part of an ... Read More »

Look at him now – Chris Brown odds on to beat Soulja Boy

Copyright: wimage72 / 123RF Stock Photo

Remember Celebrity Deathmatch? It’s back courtesy of Chris Brown and Soulja Boy, only this time they’re fighting for real in a boxing ring and you can bet on it.  A feud between the two stars kicked off in the first few days of this year with Brown threatening Soulja Boy for daring to like a picture of the singer’s ex-girlfriend on ... Read More »

Matchbook secures Jockey Club multi-race title sponsorship

Online betting exchange Matchbook (Matchbook.com) has expanded its presence within UK racing by agreeing a multi-race title sponsorship with British racecourse operaor The Jockey Club. Announcing the partnership, Matchbook marketing detailed that the exchange had secured title sponsorship of 16 fixtures at Sandown Park and Kempton Park racecourses. Furthermore, Matchbook will sponsor a number of Jockey Club syndicated races at Kempton ... Read More »