Tag Archives: Betfair

‘Deal maker’ Rafi Ashkenazi ends Flutter tenure 

SBC News ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure 

Flutter Entertainment has confirmed that former The Stars Group Inc (TSG) Group Chief Executive Rafi Ashkenazi has chosen to end his responsibilities as a non-executive director of the company, effective immediately.   The confirmation of Ashkenazi’s departure follows Flutter publishing its 2020 interim statement this morning, in which corporate governance underlined that it would accelerate technology integrations and regulatory alignment with …

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Flutter moves to refine merger benefits against 2020 trading realities

SBC News Flutter moves to refine merger benefits against 2020 trading realities

Flutter Entertainment Plc has accelerated all corporate directives related to its merger integration with The Stars Group Inc (TSG), but conceded that its 2020 outlook remains ‘highly uncertain’ dependent on further COVID-19 outcomes and regulatory changes across various markets.  This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Publishing its 2020 interim …

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Bookies Corner: Trump Presidency sinks as US 2020 enters its 100 day countdown

SBC News Bookies Corner: Trump Presidency sinks as US 2020 enters its 100 day countdown

US 2020 enters its final 100 days of campaigning, as current polls indicate a comfortable Joe Biden / Democratic Party victory as President Trump flounders on his handling of critical issues in the most unprecedented of election years.  Against the ropes, can Trump deliver another seismic political upset, or has America finally turned the lights off on ‘President 45’… SBC …

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Alex Gersh returns to betting as Sportradar CFO  

SBC News Alex Gersh returns to betting as Sportradar CFO  

Sportradar has this morning confirmed the appointment of Alex Gersh as new Group Chief Financial Officer (CFO) effective immediately.  A sports betting figurehead, Gersh is recognised as a leading financial strategist for mass-market digital enterprises, having formerly served as Group CFO of Paddy Power Betfair Plc. Of distinction, alongside former CEO Breon Corcoran Gersh led the corporate turnaround of Betfair …

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Betfair US 2020 – Biden takes pole position but punters side with Trump

SBC News Betfair US 2020 - Biden takes pole position but punters side with Trump

Fourth of July celebrations could not hide President Donald Trump’s struggles to retain his administration, as Betfair Politics stated that Joe Biden is now 8/11 favourite to win the upcoming US 2020 Presidential Election (3 November). Tracking a ‘nightmare June’ for Trump, in which his Presidency has been scarred by the social unrest caused by the COVID-19 lockdown and Black …

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Dutch CoS backs Betfair’s objections to totalisator allocation procedure

SBC News Dutch CoS backs Betfair’s objections to totalisator allocation procedure

The Dutch Council of State (CoS) has upheld an appeal submitted by Betfair and Unibet which claims that the allocation procedure carried out by the Netherlands Gambling Authority (NGA) did not give other parties ‘a fair chance’ of obtaining a totalisator licence.  Under Article 24 of the Betting and Gambling Act, the NGA is permitted to grant one totalisator licence, …

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Betfair debuts ‘Racing Post Live’ for Cheltenham 2020 

SBC News Betfair debuts ‘Racing Post Live’ for Cheltenham 2020 

Seeking to deliver the best Cheltenham 2020 insights and engagement for punters, next week the Betfair Exchange will broadcast ‘Racing Post Live’ across all its digital platforms. Racing Post Live is a new interactive show developed by the rebranded Spotlight Sports Group, covering all major horseracing festivals throughout the calendar year.  Hosted exclusively on the Betfair platforms, the show will see …

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Flutter backs strategy to navigate 2019 complexities 

flutter

Publishing its full-year 2019 results, the governance of FTSE100 Flutter Entertainment Plc has detailed confidence in the firm’s future growth prospects after closing a year of regulatory adjustments and sustainability challenges.   Citing strong international expansions, Flutter achieved record revenues of £2.14 billion, up 14% against corresponding FY2018’s £1.81 billion – a tough comparative period featuring World Cup trading. Flutter governance …

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