bettingexpert is rewarding some of the best performing and loyal tipsters with a trip to London and the chance to meet up with some of the bettingexpert staff at Emirates Stadium, the home of Arsenal FC. Danish tipster Zami, twice winner of the yearly €10,000 tipster competition, English tipster Nrivanov and German tipster Allee, eight times tipster of the month, …
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Ladbrokes secures £1.35bn funding for Coral merger
Listed bookmaker Ladbrokes has signed a £1.35 billion facility with a syndicate of relationship banks to provide committed financing for its proposed merger with Coral. The deal means that Coral’s existing debt of £1.4 billion won’t be carried over to the new group. The new facility has three tranches and will be available for drawing subject to completion of the …
Read More »MRG Systems – new solutions to address the global growth in sports betting
SBC spoke to MRG Systems, a company renowned for cutting edge display technology predominantly in the betting shop environment, to discuss what the firm’s plans were in the face of industry consolidation. SBC: MRG Systems were up for sale last year, but nothing seemed to progress. What happened? Are you still up for sale? MRG: The short answer is that …
Read More »Coral signs up Alan Shearer as first football brand ambassador
Former England and Newcastle United captain Alan Shearer has today signed a season-long deal with leading bookmaker Coral to become the company’s first-ever football ambassador. The acclaimed former-footballer turned media-pundit, will write a weekly blog for Coral on the hot topics and big stories in football, as well as making personal appearances at Coral events and engaging in customer-facing social …
Read More »Analysts believe ‘Betty Power’ won’t be the last major merger deal
The markets have responded positively to today’s announcement by Paddy Power and Betfair that they are considering a merger. Betfair shares jumped 18%, while Paddy Power’s have increased by more than 15%. In contrast, the share prices of competitors William Hill and Ladbrokes have dropped on the news. Writing in the FT’s Lombard column, Jonathan Guthrie said that the merger …
Read More »Coral enters fourth football betting partnership with Leeds United
Coral continues its expansion within English football by announcing its fourth betting and marketing football partnership in 2015. The bookmaker will become official betting partner and stand sponsor to Yorkshire football Club Leeds United. The sponsorship agreement for season 2015/16, will see Coral as official sponsor of Leeds United’s North East Corner Stand. The bookmaker will further serve as official …
Read More »Coral nets two year Newcastle United betting partnership
Coral has today been announced as Newcastle United’s (NUFC) new Official Betting and Gaming Partner after agreeing a two-year deal with the club. The partnership will see Coral betting and gaming brands promoted throughout Newcastle United’s St James’ Park Stadium (capacity 53,000) on match days. Coral interactive brands will further be promoted on Newcastle United digital inventory (club website – …
Read More »Online performance boosts Gala Coral’s quarter
Gala Coral has bucked a trend by announcing good trading figures for the group’s third quarter period, ending 4 July. Net Revenue of £305.0m was 6% ahead of last year, and EBITDA of £65.7m was up 8%, boosted by continued growth in Online and Gala Retail. The figures are despite the £7.2m extra costs of gaming machines caused by an …
Read More »Coral launches Instant Poker with iPoker Playtech
Coral Poker has revamped its online poker offering by announcing the launch of ‘Instant Poker’ through its partnership with iPoker (Playtech) An iPoker network first, Coral customers will now be able to access poker rooms without the need to download any software. Coral Poker will be accessible to all active customers via the click of a play-tab. Craig Perry, Head …
Read More »Fiona Thorne – Senet Group – WrB Insight: BBC TV show points to a new era of transparency
Senet Group Director & WrB key speaker Fiona Thorne highlights the importance of openness for the gambling sector… It was one of the boldest decisions made by a gambling company in recent years, but inviting the BBC’s cameras behind the scenes at Gala Coral could point to a successful new direction for the industry, according to Fiona Thorne, the betting operator’s director …
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