The new NFL season is underway and, in the US at least, the start of the season is one of the most eagerly anticipated moments in sport. But what about Europe? There are increasing instances of regular season games being played on the opposite side of the pond and interest is on the rise. But is this popularity reflected in …
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Paddy Power’s latest marketing campaign to mark the return of Premier League football has taken aim at the phenomenon of ‘sportswashing’, with a particular dig at ‘oil money’ in the English top-flight. Sportwashing has become a widely spoken term in the English lexicon in recent years amid a range of accusations of overseas governments using sport to whitewash allegations of …
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Flutter Entertainment Plc has reached an “inflection point” for its business, as its US FanDuel division ‘achieves profitability’ to transform its group earnings performance and prospects. Delivering on a core strategic target, Flutter published its Interim H1 2023 results registering group revenues of £4.8bn, up 42% on 2022 comparatives of £3.38bn. Period trading marked a strong momentum, with average monthly …
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No lazy summer for bookmakers, as once again they are tasked with pricing a FIFA World Cup tournament. England travel to Australia and New Zealand as the tournament’s joint-favourites alongside Team USA. Can the Lionesses deliver World Cup glory in what is guaranteed to be the biggest-ever sporting event for women’s sport… __________________ SBC: Following the success of last year’s …
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Paddy Power has officially announced its sponsorship of the PDC World Darts Championship. Ally Pally returns on 15 December, and runs through to the final on 3 January 2024, with the Irish bookmaker as its title partner. To launch the partnership, the gambling company launched a humorous video on twitter with top players; Gerwyn Price, Peter Wright, Michael Van Gerwen, …
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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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Flutter Entertainment Plc reports on a very positive opening to 2023 trading, as corporate governance prepares the FTSE100 gambling group for its dual listing in the US to be executed by Q4 2023. Headline Q1 trading results saw Flutter’s enlarged global brand portfolio service over 12.3m average monthly players (AMPs), as group revenues stood at £2.4bn up 46% on corresponding …
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Flutter Entertainment has reported strong trading across its full UK and Ireland brand portfolio from last week’s Cheltenham Festival, particularly bolstered by the unique timing of this year’s racing calendar. The FTSE100 betting and gaming group recorded total stakes of over £250m and 37 million online bets over the four days of the festival across its Paddy Power, Sky Bet …
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Paddy Power has extended its title sponsorship of ‘Good Morning Racing’, the live and daily festival preview show of Spotlight Sports Group’s (SSG) Racing Post. The Flutter Entertainment bookmaker will sponsor a total of 15 shows, including every day of this week’s Cheltenham Festival – starting today and finishing on Friday – as well as the Grand National next month, …
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Flutter Entertainment Plc has delivered on the objectives of a transformative 2022, maintaining ‘rapid US expansion’ whilst successfully integrating the new assets of Tombola and Sisal to diversify its home and international units. Announcing its full-year 2022 preliminary results, Flutter achieved group revenue results of £7.69bn, up 27% on corresponding FY2021 figures of £6.03bn. The FTSE100 gambling group maintains its …
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