Tag Archives: Betfair

Midnite raises $2.4m to move esports ‘beyond the tab’

London-based esports start-up Midnite (midnite.com) has raised $2.4 million in venture funding to help accelerate the development of its wagering capacities. The funding round was led by Makers Fund, a VC firm specialising in interactive gaming and entertainment investments. Founded by the enterprise team of Nick Wright (CEO) and Daniel Qu, Midnite’s seeks to advance esports wagering beyond becoming ‘just another …

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Racing Post adds Betfair markets to racing app

The Racing Post has confirmed that it has integrated Betfair sportsbook markets within its free iOS mobile app and mobile website, allowing readers to place direct bets on Betfair horseracing and greyhound markets. Branded as the most comprehensive tool for racing enthusiasts, the Racing Post app delivers daily racecards, results, expert tips, the latest breaking news and live race streaming. …

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Daniel Schreiber: ‘We’re not breaking the model, we’re improving the model’

Having launched in February 2018, BetConnect, an enterprise seeking to deliver betting’s next-generation exchange, is still a relatively new incumbent to the industry.  With this being said, the company has stated 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 – …

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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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