This, the second in SBC’s new Bookies’ Corner series, sees the experts from the world of betting hash out the EU Referendum and whether there’ll be a Brexit. It has been speculated that Brexit may become the biggest political betting event in history. Political betting has been gaining popularity in recent times with the Scottish Referendum breaking records, and this …
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Paddy Power revenues hit €1bn before Betfair merger
Both Paddy Power and Betfair were achieving double digit growth ahead of their merger last month – Paddy Power had grown its revenues by 24% to €1.1bn in 2015, while Betfair’s final quarter as an independent company saw revenues increase by 21%. However both firms also had their figures blunted by taxation. Over 2015 Paddy Power’s operating profit increased 10% …
Read More »Gav Thompson departs as Paddy Power CMO
The completed merger of ‘Paddy Power – Betfair’, has seen Paddy Power Chief Marketing Office (CMO) Gav Thompson, step down from his Paddy Power senior management position. ‘Paddy Power – Betfair’ group marketing initiatives are set to be merged and led by Betfair CMO Johnny Devitt, who has previously served as Paddy Power Head of Marketing & Acquisitions (2011-2013). Thompson …
Read More »Will Sky Bet be the next to gain authorised betting partner status?
It is being reported that Sky Bet is to be announced as the latest bookmaker to sign up for authorised betting partner status with British horseracing. This is a somewhat exclusive status and should it go ahead the operator will join Betfair, bet365, BetVictor and 32Red as an APB. This is in addition to a number of smaller companies. The primary benefit …
Read More »New horseracing funding scheme will need to be fair to bookmakers as well
The Association of British Bookmakers (ABB) has welcomed the Government’s decision to introduce a new funding system for horseracing, but warned that any new development should not be taken in isolation from other issues. This morning, during a debate in the House of Commons, Culture Secretary John Whittingdale announced that the Government plans to introduce a new system which will …
Read More »Pendleton on course for Cheltenham Foxhunter Chase with Betfair
Victoria Pendleton Britain’s most successful female Olympian is on course to complete her one-year ‘Betfair #SwitchingSaddles’ challenge, as she gears up to ride the Cheltenham Festival 2016 Foxhunter Chase on 18 March. This weekend three-time Kirin Olympic cycling gold medallist completed a clear ride on Supreme Danehill, finishing seventh in the Novices Riders’ Race at Horseheath Point-to-Point. Trainer Alan Hill …
Read More »Oscars 2016: Any Room for an upset?
The 88th Academy Awards takes place this Sunday 28th February. These awards have been heavily touted as the year DiCaprio will finally get his hands on the Best Actor prize which has long evaded him, and with odds as low as 1/100 in places, the bookmakers appear to agree. Whilst this category may be a write off, there are plenty more …
Read More »Tipster Challenge – Fingerontheswitch for Ferguson at Doncaster
This week we are at Doncaster for the seven race meet sponsored by BetBright. We will be taking on Stephen Harris, the resident horse racing guru at bettingexpert, Timeform and Scott Ferguson. Scott is a lifelong racing and betting fan with many years in the wagering industry around the world, including the early days of Betfair. He founded the Matchbook …
Read More »Ex-William Hill Director joins Win Cash Live as COO
Jim Supple, former William Hill Retail Operations Director and former Trading Director at Betfair, has joined UK operator Win Cash Live as Chief Operating Officer. Supple will be based at the company’s Bournemouth HQ and will lead the day-to-day running of the company. At William Hill, he led an operation of 2350 high street betting offices and a workforce of over …
Read More »Will the EU Referendum be history’s biggest political betting event?
With David Cameron confirming that the EU Referendum will take place as expected in June, on June 23rd to be precise, and with a reported 40% of voters still undecided, the bookmakers are predicting a flurry of betting on the event. Mayor of London Boris Johnson announced at the weekend that “after a huge amount of heartache” he has opted to …
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