Tag Archives: euro 2016

Melvin Ritsema: Staying true to Royal Panda’s sportsbook roots

In the second of an exclusive three-part series for SBC News, Royal Panda CMO Melvin Ritsema discusses his company’s takeover by LeoVegas, staying true to its own sportsbook roots despite the acquisition, why the UK market remains the principal target, and how pricing ploys around the World Cup will be taken forward into future high-profile tournaments. SBC: Was the Royal …

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BetVictor launches ‘The Million Pound Bet’ World Cup competition

Copyright: mkos83 / 123RF Stock Photo

BetVictor has unveiled its ‘The Million Pound Bet’ competition, which guarantees to give away in excess of £1,000,000 during the course of the fast approaching Russia World Cup. The online bookmaker is to give away the sum of one million pounds to the customer who places a winning bet with the biggest odds on any World Cup market, with punters needing …

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William Hill hails revenue growth amid 11% drop in profits

William Hill has claimed wagering growth across all four of its divisions in the first half of 2017, although profit before interest and tax was 11% lower than the corresponding period in 2016. However, given that there was some revenue growth (3% to £837.0m) against last year’s figures which had been boosted from the Euro 2016 tournament, and adjusted operating …

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GVC posts 10% NGR growth despite major tournament absence

GVC - Copyright: 8vfanrf / 123RF Stock Photo

GVC Holdings has reported a Group net gaming revenue (NGR) increase of 10% from the first half of last year (€441.8 to €484.8m), even in the absence of a major football tournament. Issuing its combined H1 and Q2 trading update, GVC also showed that Group NGR per day was up 10% from H1 2016 and 8% for Q2, even though …

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Bet365 holds firm despite changing bookmaker demand in Russia

bet365 & Bookmaker Ratings - Copyright: boarding1now / 123RF Stock Photo

As the process of “squeezing out” foreign bookmakers in Russia gathers pace, bet365 is one of the only operators to avoid a decreased level of interest from Russian users. Data compiled by Bookmaker Ratings has shown that the practice of blocking online bookmakers prohibited in Russia has affected the number of inquiries via search engine Yandex, as users want to …

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Lennart Gillberg – Spiffx – What 2016 meant to me

Lennart Gillberg 2016 & Cheza Gaming

SBC News caught up with Spiffx founder Lennart Gillberg to reflect on an eventful 2016 in the sports betting industry, and a breakthrough year for his betting exchange company. Favourite Memory of 2016 Launching the first version of the Take5Live app during Euro 2016. Take5Live is an engaging game based on Spiffx market activity that allows customers to place bets on …

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Marketing expenses outpace revenue growth for Bet-at-home

Bet-at-home enjoyed a successful third quarter in part due to the European Championships, but it still saw its marketing expenses outpace gross gaming revenue growth for the nine months to September. The Austrian, German and Eastern European-facing operator saw gross gaming revenues for the nine-month rise nearly 15% to €100.4m. Net revenue after gaming taxes and VAT rose 13.5% to …

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Profitable Euro 2016 for combined Paddy Power Betfair

Paddy Power Betfair’s third-quarter revenue performance for its sportsbook was flattered by the recent decline in the value of the pound but still managed a 15% rise in constant currency terms over the period. Total sports net revenue came in at £316m. Adding in gaming net revenues of £88m, which rose 14% in constant currency terms, and the total net …

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Kambi continues strong 2016 momentum following ‘all-growth’ Q3 2016

Stockholm Nasdaq-listed online betting platform provider Kambi Group Plc (Kambi) continues its positive 2016 momentum as the company welcomed new partners in its latest quarter performance Publishing its ‘unaudited’ Q3 2016 update (period ending 30 September), Kambi recorded a 15% revenue gain to €14.8 million (Q3 2015: €12.8 million). Its positive Q3 revenues, would see the Kambi post year-to-date corporate …

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BetVictor socially boosts ‘Golden Goal’ campaign with the Ball Street network

UK independent bookmaker BetVictor has partnered with social media and ‘influencer’ marketing specialist Ball Street to boost the launch of its £100,000 ‘Golden Goal’ campaign. The Gibraltar-based bookmaker will utilise Ball Street’s network of influencers (YouTube content creators, fan channels and football commentators) to socially boost its Premier League promotion. BetVictor has previously worked with Ball Street during this summer’s …

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