Tag Archives: ireland

City pays close attention to Paddy Power Betfair H1 results

City analysts are eagerly awaiting Paddy Power Betfair’s (PPB) H1 2016 financial update on Wednesday 24 August, as the newly listed FTSE operator updates the market and its investor on merger progress. Close attention will be paid to PPB’s ongoing convergence strategy, as the company has undertaken a series of restructures to its marketing and operational divisions with PPB governance …

Read More »

Troubled SeanieMac seeks outside investment

Embattled Irish betting operator SeanieMac is seeking funds to continue its business having accumulated losses of £10 million (€7.6 million). The Belfast Telegraph reports that SeanieMac governance is seeking financial aid from outside investors, with the company warning that if it cannot raise more capital, it will be forced to close its business. In its latest market update (released 15 …

Read More »

Paddy Power hopes to find the #MissingType at York Races

This week’s Tipster Challenge Guest is Paddy Power, Director of Communications for his namesake company. A graduate from Dublin University, Power has worked in all facets of the business, including risk control, operations and marketing. The Irish bookmaker is completely unique within the industry, with entertaining advertising campaigns and often controversial betting markets. Just last month, they initiated an advertising …

Read More »

Boylesports prepares £100 million bid for Ladbrokes-Coral retail portfolio

Stating its corporate intent to increase its profile within the UK betting market, Irish independent bookmaker Boylesports outlined to the Irish Business Post that it is prepared to bid £100 million (€118 million) for a significant chunk of Ladbrokes-Coral retail betting shop inventory. Meeting industry competition concerns, the UK Competitions and Markets Authority (CMA) has forced Ladbrokes-Coral to sell circa …

Read More »

SeanieMac selects Optima as lead betting & igaming platform provider

Gambling B2B software developer Optima has today announced that it has signed an exclusive platform provisions partnership with Irish bookmaker SeanieMac. Securing its agreement SeanieMac will now integrate an Optima serviced sports betting and igaming platform, which will be further supported by Optima Margin Maker 2 betting system and additional web and mobile front-end applications. Garreth Core, COO, SeanieMac, commented …

Read More »

PMU secures SMS text betting via Onionsack partnership

French state-owned betting operator Paris Mutuel Urbain (PMU) has confirmed an exclusive three-year partnership valued at €2 million with Irish SMS text betting services provider Onionsack (onionsack.eu). The partnership will see PMU become the first French operator to integrate a live betting functions via text/SMS messages. Waterford-based Onionsack has created a mobile platform which can interpret written bets placed by …

Read More »

BoyleSports acquires liquidated Hacketts retail assets

Irish independent bookmaker BoyleSports has confirmed that it has agreed to acquire four retail betting shops from liquidated operator Hacketts Ireland. The purchase of the betting shops was registered through High-Court appointed liquidator Ken Tyrrell and Declan McDonald of PwC. The agreed deal will see BoyleSports takeover the management of Hacketts betting shops in Cashel (Co Tipperary), Callan (Co Kilkenny), …

Read More »

FSB Technology partners with Sportdec for new app launch

Platform provider FSB Technology (UK) Ltd has partnered with Sportdec, an Irish technology start up, for the launch of its new app ahead of the Euro 2016 quarter finals. The Sportdec app features live scores, notifications, fixtures and tables, statistics, video, and editorial content, as well as FSB’s new fully-optimised sports betting service. They also have access to FSB’s CRM …

Read More »

Dermot Desmond loses Playtech ‘influence’ appeal on Ladbrokes-Coral merger

Irish billionaire Dermot Desmond appears to have lost any chance of halting the merger of Ladbrokes and Gala Coral as the UK Takeover Panel has rejected his appeal regarding the influence of gambling technology provider Playtech on the deal. Desmond who owns 2.8% of Ladbrokes Plc shareholdings had appealed to the Takeover Panel regarding the disclosure of an agreement which …

Read More »

Irish bookmakers’ stop wagers on under-18s sports

Ireland’s two largest bookmakers, Paddy Power and Boylesports have confirmed that they will no longer accept wagers on Irish under-18s sporting fixtures or competitions, in a move to address national concerns relating to gambling’s impact on sports development. Both operators will no longer display betting markets for under-18s competitions, a move that has been welcomed by Irish sporting stakeholders such …

Read More »