UK

This Saturday’s mega fight between Floyd ‘Money’ Mayweather vs ‘The Notorious’ Conor McGregor has surpassed all bookmaker expectations. Grabbing the general public’s attention, Mayweather vs McGregor looks to break all combat sports records (PPV, wagering, global audience etc…). SBC’s Bookies’ Corner details how bookmakers have approached this unique fight, regarding market pricing, public expectations, hype and rumour. Furthermore, should McGregor achieve …

The governance of London-listed industry betting and racing systems provider Sportech Plc has described the first half of 2017 as a ’transformational period’ for its business. The company which continues to expand internationally, securing new betting systems contracts in Asia, Denmark and the USA (Connecticut) would report H1 2017 period corporate revenues of £36.4 million up 5% corresponding 2016’s £34.7 …

London private equity firm Silchester has acquired a 5% stake in William Hill Plc, becoming the fourth largest shareholder of the FTSE-listed operator. Led by fund manager Stephen Butt, who is considered one of London’s top performing investors, Silchester specialises in taking ‘long-hold’ positions on businesses which it believes are undervalued. A tough two-years in which William Hill performance has …

Mr Green has announced that Mattias Wedar will replace Stefan Gustafsson as Chief Executive of its technology development subsidiary, Mr Green & Technology. Having previously held the role of Chief Information Officer and Chief Executive Officer at Swedish search portal Eniro, Wedar will bring with him a wealth of experience when he takes up his new role in September.    …

Grosvenor Sport, the sportsbook provided by Rank Group subsidiary Grosvenor Casinos, has signed up for today’s Tipster Challenge at Carlisle. Representing the company, which was recently confirmed as sponsor of this Saturday’s Celebration Mile at Goodwood Racecourse, is Head of Sport Steve Munns. Munns has provided tips for the eight-race meet, where he will be going up against competition regular …

With three days until the most anticipated boxing event of recent memory, Paddy Power has already rewarded backers of Floyd Mayweather by paying out on the American fighter. The Irish bookmaker has made the £250,000 payout this morning, in spite of nearly 80% of punters backing the two-weight UFC champion Conor McGregor. A spokesman for Paddy Power said: “We’re spinning …

The Financial Times has reported that FTSE-listed GVC Holdings has failed in its attempt to takeover UK market rival Ladbrokes Coral Plc. The business news source reports that Ladbrokes Coral governance had reviewed a £3.6 billion group takeover deal, aimed at creating ‘the outright UK gambling market leader’, by merging GVC’s digital gambling brands with Ladbrokes Coral retail and online …

Jacktime, the Bronze Sponsor for the upcoming Betting on Sports conference (12-15 September), provides disruptive real-time betting software, centred around its Cash-Out feature. Just three weeks before the event, we spoke to the Jacktime Co-Founder Giancarlo Tottoli about the company’s headline product, plans for the coming months, and what he expects #boscon2017 delegates to learn about its services at Olympia …

FTSE-listed industry platform and technology provider Playtech Plc continues its expansion within the financial services sector, moving to acquire all assets of Alpha UK, a B2B risk-management and trading systems’ supplier. Issuing a market update, Playtech informs that it has acquired Alpha’s international client portfolio, the firm’s proprietary technologies, its B2B platform, development and trading teams plus all intellectual properties. …

Esports sportsbook operator Betway has announced it will be the primary sponsor of the ESL Pro League 2017. The longest running league in professional CS:GO, commences its sixth season today, with 14 European and North American teams battling it out online for a $1m prize pool. The league’s online phase will see matches held three times per week on Tuesdays, …