Flutter Entertainment has delayed its US Initial Public Offering (IPO) of FanDuel ahead of the resignation of Matt King, the CEO of the latter company – which is expected in the coming weeks. The FTSE 100 gambling group, which operates Paddy Power, Betfair and Sky Bet, had initially disclosed that it was pursuing a listing of a ‘small shareholding’ in …
Read More »
In a recent interview with RTE’s Prime Time program, Stewart Kenny, one of the co-founders of international bookmaker Paddy Power, labelled gambling a ‘massive social problem’ due to increased mobilisation and regulatory shortcomings. Kenny helped establish Paddy Power in 1988, having been a long-time fan of gambling as a pastime since placing a bet on Richard Nixon’s resignation in 1974, …
Read More »
Sky Betting and Gaming has revealed that it has more than 300 vacancies available as it prepares to open its new headquarters in Leeds, West Yorkshire, in September. Speaking to the Yorkshire Post, Conor Grant, CEO of Flutter Entertainment’s UK and Ireland divisions, informed the outlet about the multiple vacancies available at Sky Bet, recognised as Yorkshire’s top tech and …
Read More »
Flutter Entertainment placed its top-ranking UK and IRE officers Ian Proctor (Chairman) and Conor Grant (CEO) at the coalface of Euro 2020 trading, as the executives spent Tuesday working on the floor of a Paddy Power betting shop. Supporting retail colleagues during a busy day featuring the final Euro 2020 Group-D matches of England vs Czech Rep and Scotland vs …
Read More »
Paddy Power is set to make its ‘longform’ TV debut, launching its self-produced sitcom ‘The VAR Room’ on Virgin Media and Amazon Prime video streaming platforms. A four-part series, The VAR Rooom takes a tongue-in-cheek look at what really happens behind the scenes at Stockley Park – the home of VAR in England. The sitcom features a star-studded line up …
Read More »
Flutter Entertainment Plc has partnered with UK charity Missing People, to raise awareness and support the families of nearly 100,000 adults that were reported missing across the country last year. The FTSE100 betting group has announced that its UK facing brands of Paddy Power, Betfair, Sky Bet and PokerStars will promote its #TOGETHERFORMISSING campaign formed with Missing People. #TOGETHERFORMISSING, was …
Read More »
Oddschecker has published its betting review of the 2020/21 Premier League season, revealing that bet365 led the clickshare rankings table with 17.9% of on-site clicks. The Stoke-on-Trent-based operator’s footballing success mirrors its achievements at the Cheltenham Festival earlier this year, where Oddschecker announced it had generated 19.4% of all betslip clicks. However, despite topping the Premier League clickshare table, Dennis …
Read More »
A group of Betting and Gaming Council (BGC) members have committed to donate all-profits from the Britannia Stakes, giving a ‘major’ financial boost to a selection of charities. Participating BGC members include bet365, BetVictor, Betway, Entain (Ladbrokes, Coral), Flutter Entertainment (Paddy Power, Betfair, Sky Bet), William Hill, Kindred (Unibet), Rank Group (Grosvenor Sport), the Tote and Fitzdares. “I am absolutely …
Read More »
Paddy Power, the son of the owner of the bookmaker-of-the-same-name David Power, has raised over €500,000 in crowdfunding for his American SportZ Exchange (ASX) sports trading platform. The ASX project was founded in 2019 whilst a beta version was launched in 2020, and will function as a ‘stock market’ for sports, combining fantasy sports and financial markets, enabling fans to …
Read More »
Paddy Power, the son of David Power, founder of the eponymous Irish bookmaker, has announced plans to launch a ‘sports trading’ platform, American SportZ Exchange (ASX), according to the Irish Independent. ASX will operate from Ireland but target the burgeoning US sports betting market, and will be initially financially supported as a startup via a €500,000 crowdfunding campaign using the …
Read More »
SBC News Voice of the Sports Betting Industry