Tag Archives: Betfair

Betfair launches Man of the Match market from WhoScored.com

WhoScored.com - Copyright: nexusplexus / 123RF Stock Photo

Leading football statistics website WhoScored.com has reinforced the “quality and credibility” of its data-based Man of the Match market by partnering with Betfair. Betfair has become the second bookmaker after BetVictor to utilise the ever-popular market, which has caused a surge in betting activity and proved a real hit with fans for its objectivity. The market, which will cover the …

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Scott Longley – A short history of betting shirt sponsorship in football (part 1)

SBC News Scott Longley – A short history of betting shirt sponsorship in football (part 1)

Scott Longley details to SBC readers the industry’s first steps in football sponsorship and marketing, in what is now a multi-million £/€/$ discipline for all betting operators. _______________ We start (perhaps improbably) with Fulham FC in the first years of the new century when in its second season in the Premier League the club signed a deal with Betfair that …

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Peter Jackson – ‘Paddy Power will return to growth’

SBC News Peter Jackson – 'Paddy Power will return to growth'

Presenting his first trading updating as Paddy Power Betfair (PPB) Group Chief Executive Peter Jackson has prioritised ‘returning growth to Paddy Power operations’. Updating investors on a successful full-year 2017 performance, in which PPB outperformed its market expectations, Jackson sets a high bar for PPB executives in 2018. Jackson praised PPB development teams for delivering the group’s combined platform system …

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Paddy Power Betfair out guns 2017 expectations

SBC News Paddy Power Betfair out guns 2017 expectations

Publishing its preliminary full-year 2017 results, FTSE100 betting group Paddy Power Betfair Plc (PPB) reports strong growth across its core metrics and KPIs, as the company delivers on key merger projects and initiatives. Completing year 2 as an enlarged enterprise, PPB reports a 13% increase in group revenues to £1.7 billion (FY 2016: £1.5 billion), driven by a 16% growth …

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Battle of the bookies: Oddschecker launches second Cheltenham Tipping League

SBC News Battle of the bookies: Oddschecker launches second Cheltenham Tipping League

Oddschecker has launched the second consecutive Cheltenham Traders Tipping League, expanding this year’s tournament to 11 operators. Last year’s tournament was dominated by Coral, who ran out comprehensive winners with 141.5pts of profit, it meant that if you had staked £10 on each tip provided by the bookie, you would have ended the festival with £1415 profit. The odds comparison …

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Paddy Power Betfair seeks new CFO as Alex Gersh calls time as group financial lead

SBC News Paddy Power Betfair seeks new CFO as Alex Gersh calls time as group financial lead

The Sunday Times has this weekend reported that Paddy Power Betfair Chief Financial Officer Alex Gersh has signalled his intention to depart the FTSE100 betting group’s executive leadership team. The governance of Paddy Power Betfair is reported to have begun its executive search for Gersh’s replacement as group financial leader. Gersh will maintain the executive role with until his replacement …

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Locked In! Betfair releases ‘Auto Cash Out’ for Exchange players

SBC News Locked In! Betfair releases ‘Auto Cash Out’ for Exchange players

Betfair has released its new ‘Auto Cash Out’ functionality, which will be made available for its UK and Ireland Exchange customers. The new cash out feature allows players to ‘lock-in a profit’ automatically on Betfair Exchange’s live markets.   Launching the new feature, Betfair customers will now be allowed to take an ‘active cash out position’ on Exchange markets. The …

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Wetherby provides a Betfair first

SBC News Wetherby provides a Betfair first

There was a racing first at Wetherby this week, as for the first time ever three horses were beaten on Betfair’s exchange at odds of 1.01, while the surprise winner Pookie Pekan was an in running 1,000-1 shot. The event became possible when Northern Girl, who was at the time leading the race fell and inadvertently obstructed Dulce Panem, subsequently the …

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TopBetta raises AU$1 million to fund new betting platform

SBC News TopBetta raises AU$1 million to fund new betting platform

Australia’s TopBetta Holdings Ltd  has received firm commitments to raise AU$1 million to fund the development of its global betting platform. The firm was able to do so via a placement of shares at AU$0.285 each to trusted investors. Funds received will be used primarily for working capital and to strengthen future cash flow obligations. The move comes after TopBetta last …

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