With Cannes Film Festival screenings fully under way, Paddy Power opens its ‘Palme d’Or winner market’ placing European cinema ‘darlings’ Ken Loach and Pedro Almodovar as joint favourites to take the top honour at the 69th festival. Jointly priced at 6/1 Ken Loach’s ‘I, Daniel Bale’ and Pedro Almodovar ‘Julieta’ lead the market in the festival’s opening week. Screening …
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This summer’s Euro 2016 Championships has seen a glut of new sportsbook announcements, but few are as intriguing as the plans between The Sun newspaper and Australian operator Tabcorp to launch Sun Bets. The UK market is no stranger to attempts by octogenarian media mogul Rupert Murdoch to leverage the pre-eminent position of his business interests in the UK media …
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The news media is awash at how much Leicester City’s incredible Premier League title triumph is going to cost the betting industry, but we may not see the true impact of the unlikely win until next season. While the estimates are that The Foxes’ 5,000-1 victory has cost the betting industry between £25m – £50m, the truth is that the …
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Sporting Index has joined ESSA, the regulated betting industry’s integrity body. By joining with Sporting Index, ESSA has added sports spread betting to its existing coverage of traditional fixed odds and pool betting markets. ESSA now has 19 members, and represents many of the major regulated international sports betting operators: the ABB, Betclic, Bet-at-Home, Betsson, Bet365, BetVictor, Betway, bwinparty, Digibet, …
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Gala Coral have been ordered by the gambling regulator to pay out nearly £880,000 for taking £846,000 from a problem gambler who was using the proceeds of theft to feed his habit. The perpetrator of the crime, a customer between 2012 and 2015, has been jailed for three years, and Gala Coral have promised to ‘take steps to improve its …
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Newly merged Paddy Power Betfair (PPB), continues its senior management restructure with the appointment of Ken Robertson to the new role of Advertising Director. Robertson a sixteen-year Paddy Power veteran, who has worked in numerous marketing and brand roles for the betting operator and its Australian subsidiary Sportsbet.com.au, has been promoted to the new role for the merged business. Robertson …
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A group of three attendees at the Grand National on Saturday were asked to leave following a stunt in which they formed a human pyramid and unveiled a Paddy Power banner during the final moments of the race. A photo of the stunt was shared on the bookmaker’s official Twitter page with the caption: “When the #GrandNational is taking a while …
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Iceland Prime Minister Sigmundur Gunnlaugsson stepped down from his post this week but its highly unlikely that he’ll be the only high profile casualty of Panama PaperGate. Accordingly Paddy Power has opened a betting market on who it believes will be the next to step down with Argentine leader Mauricio Macri and Ukraine President Petro Poroshenko the joint favourites at 8/1. Macri …
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Irish news sources have reported that Paddy Power is set to cut up to 300 jobs from its Dublin operations in-line with its post Betfair merger strategy. The betting operator informed its Dublin staff yesterday. It is reported that the job cuts will likely be in overlapping business areas such as marketing, technology development and trading. Paddy Power Betfair (PPB) …
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Paddy Power coped best with the extra website traffic during Gold Cup day at Cheltenham last week, according to Capacitas, a company that specialises in preventing websites from crashing. As reported in iGaming Business, Capacitas said that the conversion rate of a website degrades when page load time exceeds two seconds. Research from Capacitas showed that around the time of the …
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