Tag Archives: Paddy Power Betfair

Xtremepush to use Beechbrook ‘firepower’ to target €15m worth of acquisitions

Irish digital marketing software company Xtremepush is reportedly seeking acquisitions worth up to €15 million after successfully raising €4.25 million in funding from Beechbrook Capital. The acquisition strategy, according to co-founder and chief executive officer Tommy Kearns, will support the organic growth of the company and help ‘put boots on the ground’ in the US. “Our strategy is to continue …

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FSB selects Glenn Elliott as new COO

Sports betting platform provider FSB has confirmed that former SG Digital executive Glenn Elliott has joined the company’s executive leadership team as new Chief Operating Officer (COO). Elliott will be tasked with overseeing the company’s account management team as well as managing FSB’s five operational service divisions: Sports, Platform, Marketing, Retail and SaaS Hosting. Commenting on his new role, Elliott …

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Alex Gersh returns to betting as Sportradar CFO  

Sportradar has this morning confirmed the appointment of Alex Gersh as new Group Chief Financial Officer (CFO) effective immediately.  A sports betting figurehead, Gersh is recognised as a leading financial strategist for mass-market digital enterprises, having formerly served as Group CFO of Paddy Power Betfair Plc. Of distinction, alongside former CEO Breon Corcoran Gersh led the corporate turnaround of Betfair …

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BGC: Charities win big as bookies take beating in Britannia Stakes

UK Bookies have raised £250,000 for Cancer and Covid-19 charities after taking a beating on Thursday’s Britannia Stakes race at Royal Ascot. Earlier this week, Betting and Gaming Council (BGC) members vowed to donate all profits, after levy and duties were deducted, from win and each-way bets made on the race to charity. Participating bookmakers included Paddy Power Betfair, bet365, …

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GiG streamlines development resources with GroupVery

A restructured Gaming Innovation Group (GiG) has formed a strategic partnership with IT and engineering studio GroupVery improving its clients’ all-round web development and operating capacities. The London-based studio will be handling frontend development of GiG’s platform services for customers needing specific requirements. Operating since 2017, GroupVery has developed a specialist engineering team developing and maintaining customised frontends for high-volume and …

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SIS secures Saudi Cup distribution with leading bookmakers

Bet365, Betfred and Ladbrokes Coral are among a whole host of bookmakers who have secured rights with Sports Information Services (SIS) to distribute live pictures and data from this month’s Saudi Cup, nicknamed ‘The world’s most valuable horse race’. Customers of these bookmakers will gain access to live streams of the full two days of horse racing at the King …

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Watch: Joe Lee on the importance of collaboration

Head of GB&I at Paddy Power Betfair, Joe Lee has emphasized the importance of developing a collaborative relationship between the betting industry and sports governing bodies when it comes to maintaining integrity in US sports. Lee also discussed the importance of public trust, both in the industry as well as in governing sports bodies. In an interview at the recent Betting on Sports Conference, …

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MoPlay becomes member of German Betting Association

Gibraltar-headquartered MoPlay has become the latest online gambling operator to join the German Betting Association (DSWV). The announcement, confirmed by DSWV President Mathias Dahms and MoPlay CEO Juergen Reutter this morning, will see MoPlay join Sky Bet, William Hill, bet365, Paddy Power Betfair and Interwetten as a member of the organisation.  Dahms celebrated the announcement: “We welcome MoPlay in our …

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Flutter continues to feel the effect of FOBT ruling during Q3

Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …

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Tom Byrne, HBLB: Horseracing gets race-by-race betting data boost

News that five of the UK’s top operators had committed to a ten-fold increase in voluntary levy to GambleAware made big news in July, but a major deal for horse racing announced the following week – involving four of the same five – passed with considerably less fanfare. Tom Byrne, Operations Manager at HBLB, tells us more. The horseracing sector …

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