Tag Archives: Flutter Entertainment

Tabcorp expects $1bn hit as ‘COVID and retail contractions’ take effect

Tabcorp Holdings will write down its wagering and media business by at least AUD $1 billion (€605m) as a result of COVID-19 shutdowns and ‘the possible acceleration of retail contraction’. The company made its statement in a filing to the ASX Exchange, in which it revealed that it had undertaken a ‘review of assets’ in which it expects to incur …

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Restructured GVC sidelines Oddschecker affiliate services 

GVC Holdings has confirmed that its UK flagship properties Ladbrokes, Coral and BETDAQ will no longer utilise Oddschecker affiliate marketing services. Issuing a short statement, GVC explained that the decision to call time on its Oddschecker partnership has been undertaken for ‘commercial reasons’ – adding that it has terminated all marketing inventory as of 9 July 2020.  GVC statement read: …

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How Stats Perform is taking CONMEBOL betting to the next level

CONMEBOL - Marcos Guilherme of Internacional celebrates his goal in the 71th minute 3-0 during the match Internacional v Universidad de Chile, of Copa Libertadores 2020, date 1. Beira Rio Stadium. Porto Alegre, Brazil, 4 Mar 2020. (Photo by pressinphoto/Sipa USA)

Stats Perform is to exclusively collect and distribute official ultrafast data and fast player statistics for CONMEBOL competitions through its premium RunningBall and Opta services.  We sat down with the company’s LATAM sales manager Ignacio Iturraspe for more on yesterday’s announcement, made officially at the SBC Digital Summit Latinoamerica. SBC: Will this deal bring the in-play betting experience for CONMEBOL …

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Flutter finalises TSG merger agreement

Flutter Entertainment has confirmed the completion of its $11 billion merger with The Stars Group (TSG), and will begin trading on the London Stock Exchange and Euronext Dublin Exchange. Upon completion of the deal, Flutters’ entire enlarged issued share capital was admitted to the premium listing of the Official List of the Financial Conduct Authority and the Official List of …

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Stars Group investors back Flutter combination outright

Gambling’s merger between Flutter Entertainment Plc and The Stars Group Inc (TSG) has cleared a further  hurdle, as this afternoon TSG shareholders approved terms forming a new $11 billion entity. Issuing a corporate filing, TSG governance confirmed that company investors had voted 99% in favour of completing the merger deal with Flutter. TSG’s merger approval follows Flutter’s shareholder vote on Tuesday, …

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Sportsbet.au to absorb BetEasy as part of Flutter-Stars merger

Australian online bookmaker BetEasy will be absorbed by Sportsbet.au as part of the merger between respective parent groups The Stars Group (TSG) and Flutter Entertainment. Reported by The Australian, BetEasy is due to cease operations and begin operating under the Sportsbet banner. A spokesperson for Sportsbet said: “Flutter currently intends to pursue a single brand strategy for its Australian operation. …

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GambleAware donations top £10m for 2019/20

GambleAware has revealed that donations to the charity have surpassed its £10 million minimum target for the first time. Publishing the full list of donations received between 1 April 2019 and 31 March 2020, it revealed that gambling operators and suppliers had made £10.05 million in voluntary donations to the charity, which is not inclusive of money received through regulatory …

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International profile buoys Flutter during troubled times

The continuation of racing across Australia and the US has come as a welcome relief for Flutter Entertainment, as its retail estate faces a blow from the postponement of global sporting events. Publishing a Q1 trading update for the three months ended 31 March 2020, Flutter reported group-wide year-on-year revenue growth of 16% in Q1, reported at £547 million for …

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Stars Group institutional advisors back Flutter combination

Supporting its current merger schedule, the board of The Stars Group Inc (TSG) has revealed that independent advisories’ ISS Governance and Glass Lewis have approved deal terms backing a multibillion-pound combination with Flutter Entertainment. ISS and Glass Lewis were appointed by TSG investors to act as independent institutional advisors, undertaking due diligence of deal terms for the benefit of TSG …

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Digitain selects Martin Clarke as new Product lead

Industry platform provider Digitain has strengthened its senior management team confirming the appointment of Martin Clarke as its new Director of Product Management. Clarke has been selected to oversee Digitain’s product development strategy for both its sportsbook and casino platforms. The executive will lead product oversight for Digitain’s international operator network, which services over 70 platform partners utilising AI-driven capabilities …

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