Tag Archives: Paddy Power Betfair

Paddy Power Betfair charged £490,000 for self-exclusion marketing

paddy power betfair

The licence holder of Paddy Power Betfair has been charged £490,000 by the UK Gambling Commission (UKGC) in the regulator’s second enforcement action of this week. PPB Counterparty Services Limited, which trades as the Paddy Power and Betfair sports betting brands, was the subject of UKGC enforcement for sending promotional push notifications to devices linked with self-excluded customers. Customers either …

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Industry’s ‘extraordinary’ diversity achievements celebrated ahead of IWD2023

SBC News Industry's ‘extraordinary’ diversity achievements celebrated ahead of IWD2023

In line with International Women’s Day 2023, top organisations in the betting, gaming and racing industry are supporting a campaign to embrace equity. Under the #GamingAsOne hashtag, BetMGM, Betsson, Entain, Kindred, LeoVegas, Paddy Power Betfair, Penn Entertainment, PokerStars and Sportsbet are among the operators supporting the campaign, alongside suppliers such as Games Global, IGT, Light & Wonder, Microgaming and Playtech. …

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Flutter wins FOX dispute on FanDuel’s fair price value

SBC News Flutter wins FOX dispute on FanDuel's fair price value

Flutter Entertainment has announced that it has won a New York arbitration against Rupert Murdoch’s FOX Corporation related to the ownership terms and valuation of FanDuel. The FTSE100 gambling group has settled its 18-month legal dispute against the US media network that had initiated an arbitration on the terms of its option to acquire an 18.6% stake in FanDuel and …

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FanDuel co-founders case against Flutter dropped by NY judges  

SBC News FanDuel co-founders case against Flutter dropped by NY judges  

A New York State appeal court has rejected the grounds for former FanDuel co-founders and shareholders to pursue a legal challenge to claim back proceeds from the firm’s sale to Flutter Entertainment in 2018.  The appeal, led by former FanDuel CEO and Co-founder Nigel Eccles, sought compensation from parties involved in the sale of FanDuel to Paddy Power Betfair (PPB) …

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Former Sportradar and Paddy Power Betfair exec joins Paysafe as CFO

SBC News Former Sportradar and Paddy Power Betfair exec joins Paysafe as CFO

Alex Gersh, a former executive with two prominent names in the sports betting space, has filled the Chief Financial Officer (CFO) vacancy at Paysafe. The new hire joins the payments platform from Sportradar, where he has served as CFO since July 2020, overseeing a period of strong growth for the Swiss-based sportstech and data firm, as well as its successful …

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Delasport: sports betting through the ages – part II

SBC News Delasport: sports betting through the ages – part II

Welcome to the second part of Delasport’s deep dive into sports betting through the ages. In part 1, the sports betting and igaming software solutions provider covered the early days from the first bookie to the engagement years of the 2000s. Let’s pick up the story. Customer centricity While the early incarnation of sports betting sites served their purpose, the …

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Eccles returns to betting scene with decentralised BetDEX

SBC News Eccles returns to betting scene with decentralised BetDEX

Nigel Eccles, the co-founder of FanDuel, has announced the launch of his new business venture BetDEX Labs – a decentralised sports betting exchange built on the blockchain rails of Solana (SOL).  BetDEX is co-founded by Eccles and former FanDuel senior engineers Varun Sudhakar (CEO) and Stuart Tonner (CTO).   Eccles posted on LinkedIn that the venture would be welcoming FanDuel Director …

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SIS moves to ‘support international expansion’ with two new appointments

SBC News SIS moves to ‘support international expansion’ with two new appointments

SIS (Sports Information Services) has appointed Dr Laila Mintas and Giovanna D’Esposito as Non-Executive Directors, in order to ‘support its international expansion’. The multi-channel 24/7 live betting services supplier has detailed that both appointees have ‘many years’ experience’ at leading data and technology companies, and will ‘add significant strength’ to the company’s board. On the European side of operations, D’Esposito …

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Flutter exceeds Q3 expectations with double-digit growth across all brands

flutter

Flutter Entertainment Plc has reported a strong Q3 2020 trading update, in which the enlarged FTSE100 operator highlighted a growth in market share across its brand portfolio in addition to merger directives remaining ahead of schedule. Driven by the return of global sports, Flutter secured double-digit growth across all core metrics as group revenues topped £1.32 billion, up 27% on …

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

SBC News 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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