Tag Archives: Flutter Entertainment

Fox challenges Flutter on FanDuel’s ‘fair market pricing’

Fox Corporation has launched legal proceedings against Flutter Entertainment in relation to the former exercising its option to acquire an 18.6% stake in the FanDuel sportsbook. Flutter has argued that Fox must conduct the transaction at a ‘fair market price’, whilst the American multimedia corporation maintains that it should pay the same amount Flutter paid in December 2020. Through its …

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bet365 heads betslip leaderboard in Oddschecker Cheltenham report

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

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RMG passes the winning post with Cheltenham streaming record

RMG passes the winning post with Cheltenham streaming record

Last week’s Cheltenham Festival recorded a huge uptake in the number of viewers streaming the event, with the Racecourse Media Group (RMG) reporting the highest figure in British and Irish horse racing history. Utilising the services of real-time streaming technology platform Phenix, RMG secured up to 500,000 streams on individual races, representing a year-on-year growth rate of 60% across the …

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Adjarabet adds extension to Singular software partnership

Adjarabet adds extension to Singular software partnership

Adjarabet, a subsidiary of Flutter Entertainment, has extended a five-year extension to its software agreement with Singular.  Through the partnership, Singular will continue to serve as the lead iGaming and sports betting platform supplier for Adjarabet in Georgia. “The partnership with Adjarabet is one of our strongest and longest relationships that translates into a strategic synergy going beyond the technology …

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Betfair severs ties with Gordon Elliott due to controversial photo

Online gambling operator Betfair has severed its connections with Gordon Elliott, after an image of the renowned Irish racing trainer sitting on a dead horse circulated on Twitter. The picture of the trainer sat on the horse, which allegedly died of a heart attack, is reported to be some years old, and first surfaced on social media on Saturday. Despite …

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Flutter takes leading role on Irish safer gambling duties

Flutter Entertainment has announced an update to its safer gambling commitments within the Republic of Ireland. As the operating company of Paddy Power, Flutter stated that it has chosen to ban credit card transactions and will further implement a whistle-to-whistle TV advertising ban across all sports programming. In addition, the firm will donate  1% of Net Gaming Revenue (NGR) to …

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Entain first to bat with AUS $3bn cash-offer for TAB

Entain Plc has emerged as the first suitor to disclose its interest in acquiring Tabcorp Holdings’ TAB racing and sports betting unit, tabling an AUS $3 billion (£1.9 bn) all-cash offer to take control of the underperforming business. The FTSE100 firm’s cash offer represents, it said, the ‘market valuation’ placed by ASX analysts on Tabcorp’s wagering unit.   The Australian Financial …

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Flutter’s Ian Proctor outlines affordability approach

Ian Proctor, Chairman of Flutter Entertainment, the bookmaking holding company behind Paddy Power and Betfair, has released a statement concerning the ongoing review of the 2005 Gambling Act. In the statement, Proctor acknowledged that: “Gambling has gone through a technical transformation over the last 15 years, and the rules have not kept pace.” The main focus of Proctor’s statement concerned …

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William Hill commits to 100% renewable energy with new green policy

British online and retail bookmaker William Hill has moved 100% of its UK electricity supply to renewable energy sources as part of a new green commitment. The arrangement has been in place since 1 October 2020 following a procurement tendering process which saw the operator switch energy suppliers from Grid Electricity to Total Gas and Power. As a result of …

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Sky Bet ‘promotes’ WFH hybrid with new office design

Sky Betting and Gaming has announced plans to relocate its Leeds office to 4 Wellington Place, a new commercial development in the heart of the city centre. The Flutter Entertainment owned betting operator is one of the largest employers in the city, and plans to consolidate around 1,400 employees in the new offices. Sky Bet employees are currently working from …

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