Tag Archives: Betfair

Flutter continues to feel the effect of FOBT ruling during Q3

Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …

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Betconnect details unrivalled year-1 growth

New industry incumbent Betconnect, an enterprise seeking to deliver betting’s ‘next-generation exchange, said that it is trading at unrivalled year-1 growth after recording another record-breaking month following the release of its October figures which show over £2 million of monthly matched bets. Officially launched last February, Betconnect’s figures confirm the company’s ninth consecutive month of growth, and more than doubles its previous record of …

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Rank appoints Liam Wallwork as digital transformation lead

London-listed Rank Group Plc has confirmed the appointment of Liam Wallwork as inbound Director of Transformation for its Interactive division. Wallwork joins Rank’s executive management team from William Hill, where he formerly served as Commercial Director and Director of Gaming (2017-2019). A digital strategy expert for mass-market igaming brands, Wallwork holds further industry experience having served as an operations and …

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CRM is set for a red-letter day in 2020 with the right FTP solution

SportCaller

SportCaller Performance Director Paddy McDermott examines the rapidly changing marketing landscape for bookmakers, and explains how a flexible FTP platform can best sit within this framework. Gambling operators, and their tactics for acquiring and retaining players, continue to face a sustained period of scrutiny and attack. This is coming from regulators, certain elements of the press and numerous lobbying groups …

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Brexit’s ‘Super Saturday’ going down to the wire

A frantic 24 hours has seen all UK betting operators revise their political betting markets, with Brexit entering its do-or-die moment, as Parliament is summoned to a Saturday sitting, voting on PM Boris Johnson’s exit deal. On first delivery, the chances of Commons approving Johnson’s deal were met with scepticism, as yesterday betting exchange Smarkets reported that an extension of …

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Flutter and Stars ‘confident’ of mega-merger green light

Following this morning’s announcement that The Stars Group (TSG) is to be acquired by Flutter Entertainment, board members have emphasised their confidence that the mega-merger would gain the necessary regulatory approvals to go ahead. Confirmed in a conference call with both investors and industry analysts, Flutter chief executive Peter Jackson emphasised that he believed there should be no concerns regarding …

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All-In Diversity Project launches annual diversity survey

Industry workplace diversity, inclusion and equality program The All-in Diversity Project has launched its second annual survey which will gather data to create its annual report, the All-Index.  The All-Index is used as a benchmark for diversity, inclusion and workplace equality across the gambling and iGaming industry, with over 50 firms now participating in the annual survey. Kelly Kehn, co-founder …

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Betfair states its LATAM intent & responsibility as CONMEBOL partner

Moving to significantly expand its LATAM market profile and ambitions, Betfair has outlined securing its Official Partner’ status with CONMEBOL as one of the firm’s most important strategic marketing initiatives in the betting brand’s history. Announced last week, the partnership – which runs until December 2022 – sees the Betfair brand displayed across CONMEBOL’s flagship Copa Libertadores and Sudamericana tournaments, South …

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No-Deal Brexit trading hits lowest trading price on Betfair Exchange

Following Boris Johnson’s controversial decision to prorogue parliament next month, the Betfair Exchange reports that the odds of a ‘no-deal Brexit’ are being traded at their lowest prices this year.  Odds of a no-deal scenario have now been priced at 5/4 according to Betfair, marking a drop from the 5/2 earlier this month, and 9/1 earlier this year. Updating the …

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Stokes odds on favourite for SPOTY following Ashes heroics

Ben Stokes has been placed as the odds on favourite athlete to win the Sports Personality of the Year (SPOTY) award by Betfair, Sky Bet and other bookmakers following Sunday’s third Ashes Test. Stokes, who has very much been hailed as England’s saviour in the Test, went on batting run which saw the New Zealand-born cricketer hit 135 not out …

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