GambleAware has released its donor list for the first three quarters of 2020, with William Hill topping the list, followed by Flutter Entertainment and bet365. Publishing its industry donation figures for 1 April – 30 December 2020, GambleAware revealed that William Hill made a pledge of £1.04 million, with £540,000 donated. Following William Hill was Flutter Entertainment – the holding …
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Betfred has penned a triple deal to become an official partner to the England Men’s, Women’s and Wheelchair teams for 2021, including when England hosts the upcoming edition of the Rugby League World Cup (RLWC) tournament. In 2017, the UK bookmaker secured the title sponsorship of the Super League, the top tier of rugby league. The deal was extended in May …
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South African horse racing operator Phumelela Gaming and Leisure Group will delist from the Johannesburg Stock Exchange (JSE) in early 2021 as the company is broken up to repay creditors. The heritage racing operator has faced financial difficulties for a number of months, following the forced closure of its racetrack venues due to South African coronavirus restrictions in May. Johannesburg’s …
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New York private equity fund Apollo Global Management has terminated its pursuit of a William Hill Plc buyout. This morning, Apollo stated that it would not disclose any formal bid for William Hill to rival the £2.9 billion cash offer made by Caesars Entertainment – a deal which has been accepted and recommended to shareholders by William Hill’s board of …
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City news sources report that New York investment fund Apollo Global Management will bid to acquire William Hill Plc’s ‘non-US assets’, as the FTSE250 firm moves to merge with US strategic partner Caesars Entertainment. Apollo had formally announced its intentions to bid for an outright acquisition of William Hill. However, the investment fund’s pursuit of the heritage UK betting group …
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Spotlight Sports Group continues its strong 2020 commercial momentum confirming that Betfred has become the latest client of its in-play content services, which have launched across the heritage bookmaker’s digital verticals. Betfred’s online sportsbook and mobile app will now feature Spotlight exclusive content and analysis backed by live stats, helping Betfred drive engagement with in-play betting markets. Integrating Spotlight’s content …
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Betfred has entered a UK High Court dispute over refusing a £1.7 million jackpot pay-out to a customer on the grounds that its casino game had suffered a ‘software malfunction’. The lawsuit was filed by Andy Green from Lincolnshire who hit the jackpot in 2018, wagering on the Playtech-licensed ‘Frankie Dettori Magic Seven Blackjack’ game. Betfred is reported to have …
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Gamesys has topped the list of donations made to industry charity GambleAware after figures showed the online operator group donated a total of £450,000. Publishing its industry donation figures for 1 April – 30 September 2020, GambleAware revealed that it had received a total of £2,286,000 in contributions from the industry, not taking regulatory settlements into account. Betway was the …
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Betfred founder Fred Done is reported to be eyeing a swoop of William Hill’s UK retail estates at a discount price, as rumours circulate as to how Caesars Entertainment will reshape the company, following this morning’s approval of its £2.9 billion takeover offer. Done has been branded as the big winner of the Caesars deal, having built a 6% stake …
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Betfred is reported to have been rejected in its last-minute attempt to acquire bankrupt South African heritage wagering and racetrack operator Phumelela Gaming & Leisure. South African racing news sources reported that Phumelela’s bankruptcy auditor refused to review Betfred’s ZAR 900 million (€45m) counteroffer submitted at the end of August as Phumelela closed its window for rescue proposals. Stating its …
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