Flutter Entertainment has disclosed to Romanian media that it seeks to recruit 500 new software developers and IT engineers to join its Betfair Cluj Napoca tech hub. The FTSE100 betting group has operated its Cluj tech hub since 2015, established by its Betfair business ahead of the subsidiary’s £4 billion merger with Paddy Power – a transformative deal that laid …
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FTSE100 betting group Paddy Power Betfair Plc (PPB) has announced the launch of its Cluj Romania ‘Alpha Hub’ accelerator program, focusing on enhancing the industry’s responsible gambling and sustainability dynamics. The accelerator programme sees PPB partner with Romanian technology enterprise groups’ Techsylvania and Risky Business Romania to open its initiative to the top development and engineering talent. For a number of …
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UK newspaper The Sunday Times has reported that the merged enterprise of Paddy Power – Betfair will look to implement £25 million in cost savings in 2016 by significantly reducing headcount. In September Paddy Power and Betfair governances’ had outlined a co-synergies’ savings target of £50 million, should their proposed merger receive its approval. A circular published this weekend details …
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Having announced yesterday, that governances had agreed on terms and conditions for their planned £5 billion merger. Paddy Power and Betfair executive teams have detailed further insight with regards to merger plans and long term integrations of the operators. Central to its long term growth, will be the estimated annual cost saving of £50 million through shared synergies which the …
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Betfair Chief Technical Officer Paul Cutter has unveiled the company’s new technical development offices in the Romanian city of Cluj. The Cluj development office will staff 330 Betfair employees and will become the operator’s largest technical development centre. Betfair Romania will be central to the operator’s plans on focusing on in-house product and operational development over third party supplier agreements. …
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Betfair Chief Technical Officer Paul Cutter, stated that the company was committed to operating in-house product development and innovation in order to maintain its growth and progress in the igaming and sports betting markets. Speaking at a Betfair Senior Management presentation to investors and key shareholders, Cutter outlined Betfair’s commitment to in-house product development, which the operator views as a …
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