Tag Archives: Paddy Power Betfair

Five join the Senet Group to promote responsible gambling

In a move to improve industry-wide collaboration and tackle problem gambling Aspers, Caesars, Genting, Playtech and the Rank Group have joined UK responsible gambling body Senet Group. The five will sit on the Senet Group’s quarterly CEO forum, which currently offers advice to the group’s Board and independent chairman, Gillian Wilmot. They join GVC (Ladbrokes Coral), William Hill, Paddy Power …

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Sportsbet fined for displaying illegal gambling advertisements

Australian operator Sportsbet has been hit with an AUS$10,000 (£5350) fine from New South Wales’ authorities after being convicted of displaying illicit gambling advertisements on its website. The advert in question displayed cartoon depictions of two male characters with their thumbs up, alongside the text: “Refer a Friend – Get a $100 Bonus Bet for every friend you refer to …

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GVC and Hero become the latest to join Swedish gaming association

SafeEnt

GVC Holdings and Hero Gaming are the two latest gaming operators to join the Swedish industry association Branschföreningen för onlinespel (BOS) which encourages probity, integrity and social responsibility for operators. The membership is set to apply to all gaming brands under the GVC and Hero umbrellas, including GVC’s bwin, PartyPoker and PartyCasino. For Hero, this will cover its Casino Heroes, …

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David Foster departs Paddy Power Betfair to lead GVC regulatory affairs

David Foster has departed his role as Public Affairs Manager at Paddy Power Betfair (PPB) after being appointed as the new head of regulatory affairs at GVC Holdings. After spending over three years at PPB, Foster was tasked with overseeing the development of both regulatory and policy frameworks to facilitate the operator’s growth strategy. “Really excited to have started my …

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Paddy Power Betfair looks to rename to reflect growing brand portfolio

Bookmaker group Paddy Power Betfair has released a proposition to rebrand the group as Flutter Entertainments in a bid to reflect the group’s growing brand portfolio. In a release of the group’s preliminary full-year 2018 results, the group outlined that its recent merger and acquisition drive meant that a rebrand would be essential in order to represent its global range. …

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Paddy Power Betfair seeks ‘global podium position’ following year of strategic investments

FTSE100 betting group Paddy Power Betfair (PPB) has published its preliminary full-year 2018 results, detailing that the firm has made progress on its global agenda, whilst navigating UK home market complexities. PPB maintains its corporate revenue growth at £1.87 billion (FY2017: £1.74bn), with the betting group detailing robust digital revenues of £948 million (FY2017: £898m), combined with an underlying digital …

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SportCaller partners with FanDuel to boost US presence

U.S. Operator FanDuel, has partnered up with free-to-play (FTP) sports-game provider SportCaller, to offer a series of marquee games, starting with its NCAA March Madness basketball. As part of the new collaboration, the FTP specialist will roll out a number of games out across its light-to-deploy platform, which will include a number of major American sports. Lorcan Kelly, VP of …

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Paddy Power Betfair challenges €55 million tax whammy

FTSE100 betting group Paddy Power Betfair (PPB) has confirmed that it will appeal its €55 million European tax charge imposed by the authorities of Germany and Greece. The first charge of €40 million relates to Germany’s Hessen Fiscal Court rejecting PPB’s 2012 Betfair Exchange tax assessment. The Hessen Court supports the German tax authority’s backdated review of Betfair Exchange transactions …

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Gary McGann – Irish tax doubling will hurt ‘home heroes’ like Paddy Power Betfair

The Sunday Times has this weekend published extracts of a letter written by Paddy Power Betfair (PPB) Executive Chairman Gary McGann to Paschal Donohoe, Ireland’s Finance Minister pleading for Fine Gael not to pursue with a new betting tax regime. The letter published under ‘the freedom of legislation’ act, sees McGann state that the Dáil approved/pending doubling of the Irish …

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Assessing Europe’s influence on the emerging US market

US market - Closeup of Flags of USA and European Union

Sports betting is sports betting; right? Fundamentally, yes. But where the US market and its European counterpart are concerned, it comes in slightly different flavours. Three industry experts explain… Talk of Europe’s role as a shaping presence in the US market for sports betting became something of a leitmotif to proceedings from the moment that PASPA was consigned to the …

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