Tag Archives: betdaq

Ladbrokes restates case for Coral merger after Desmond criticisms

Ladbrokes has moved to counter the call by Dermot Desmond for shareholders to reject its proposed merger with Coral by reiterating the rationale behind the deal. In a message to the stock market, Ladbrokes’ board said that it ‘noted’ Desmond’s letter and acknowledged that it had had ‘significant dealings’ with him as both a shareholder and a commercial partner over …

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‘Passive’ Ladbrokes shareholders told to block Coral merger by Dermot Desmond

Ladbrokes investor Dermot Desmond has come out fighting against the merger between UK bookmakers Ladbrokes and Gala Coral, imploring the ‘passive’ Ladbrokes shareholders to block the deal and look for better options. Desmond, who has had a long standing interest in the gambling industry through initiatives such as betting exchange BETDAQ, Irish bookmaker Chronicle and GBE Technologies, notwithstanding a stake in …

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Colossusbets boosts player value with new Pools consolation prize funds

Having revamped its website in time for the start of the 2015/2016 Premier League season, football mega jackpots pool operator Colossusbets is looking to give its customers and partners greater value. Announcing its latest pool enhancements, Colossusbet will offer a set of consolation prize funds to all their + £1 million games. The prize enhancements will see the following changes …

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ASA reprimands Ladbrokes over Christ the Redeemer advert

The UK Advertising Standard Authority (ASA) has reprimanded Ladbrokes for causing offence by displaying an advert for betting exchange subsidiary Betdaq in which Rio de Janeiro’s Christ the Redeemer statue is wearing a Betdaq purple and white football shirt. The advert which ran during this summer’s FIFA World Cup in Brazil, was displayed on the Betdaq.com website, and featured the …

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Colossus Bets: Providing lotto sized sports jackpots

Bernard Marantelli, CEO and founder of innovative football pool operator Colossus Bets, explains how the company is continually developing its B2B and B2C offering. You’ve just launched HDA15 – a 15 team accumulator with a £1m jackpot. What is the thinking behind this? We built this company in the belief the public wanted lotto sized sports jackpot bets with Fractional …

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Colossus Bets launches weekly £1m HDA15 football jackpot

Colossus Bets, home of the £10,000,000 Colossus and the world’s biggest football and sports jackpots, has launched a £1,000,000 HDA15 Football Jackpot aimed at dominating and consolidating the HDA (or 1X2) pools and traditional accumulator markets. Bernard Marantelli, founder and CEO of Colossus Bets, said: “Several operators currently run small 1X2 Pools, and whilst they may reach £1,000,000 once a …

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BETDAQ integrates Colossus Bets pools

The Irish based betting exchange BETDAQ has become the first live UK B2B partner of pool betting operator Colossus Bets, winner of the Betting on Football Best Innovation Award. Colossus Bets gives customers the opportunity to win up to £10,000,000 by giving the correct scores in seven selected matches offered weekly and is the World’s biggest bet. There are several …

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Betting on Football to provide update on advertising rules

Operators unsure of how the latest changes to point of consumption licensing and taxation regimes in the UK will affect their ability to advertise are advised to get down to Stamford Bridge on 8 May for the latest news. Yesterday the government added to the uncertainty over the issue by announcing it was re-examining the existing gambling advertising controls via …

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POC needs to be ‘properly enforced’

Ladbrokes have called for ‘proper enforcement’ of the point of consumption (POC) licensing of online gaming when it is introduced in the UK later this year. The firm estimate that the new tax, despite being planned for December this year, will hit their 2014 revenues by £2m and they want to see some benefit for this expense. They said: “How …

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