Tag Archives: ireland

BoyleSports queries CMA regarding the sale of Ladbrokes-Coral shops

Irish independent bookmaker BoyleSports has publicly ‘communicated its concerns’ to the UK Competitions & Markets Authority (CMA) regarding the sale of 359 retail betting shops as part of the pending Ladbrokes-Coral merger. The bookmaker was disappointed to have had its larger bid turned down by Ladbrokes and Coral governance in favour of a lower combined £55.5 million cash bid by …

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The Racing Partnership gains Irish boost

Arena Racing’s broadcast joint venture  ‘The Racing Partnership’ (“TRP”) has announced that it has gained a significant number of new Irish betting partners, strengthening its overall racing coverage Irish bookmakers joining TRP services include Boylesports, Sean Graham, Bar One, Track Sports, Bambury, Tully, Fox’s and Mulholland. The bookmaker additions see TRP bring the total number of UK and Irish betting …

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Ladbrokes secures Ireland FAI betting partnership

Seeking to boost its coverage within Irish sports, Ladbrokes has announced that it has entered a betting partnership with the Football Association of Ireland (FAI). The FTSE-listed operator has secured a two-year deal with the FAI, becoming its ‘Official Betting Partner’. Entering the partnership, the Ladbrokes brand will receive premium exposure at all Republic of Ireland international soccer matches and …

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Paddy Power Betfair seeks ‘Optimal Structure’ as group revenues hit £750 million

Posting its first set of interim H1 results (period ending 30 June), FTSE100 listed Paddy Power Betfair (PPB) has reported group revenues of £759 million recording double-digit growth across its four core divisions. Closing its H1 2016, PPB would post a group underlying EBITDA of £181 million (H1 2015: £138 million). The increased top line metric growth would result in …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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