Irish independent bookmaker BoyleSports has publicly ‘communicated its concerns’ to the UK Competitions & Markets Authority (CMA) regarding the sale of 359 retail betting shops as part of the pending Ladbrokes-Coral merger. The bookmaker was disappointed to have had its larger bid turned down by Ladbrokes and Coral governance in favour of a lower combined £55.5 million cash bid by …
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The merger of Ladbrokes Plc and Gala Coral is almost good to go after the bookmakers revealed that 359 betting shops of its combined retail portfolio will be sold to Betfred (322 shops) and Stan James (37 ). The sale of the betting shops is conditional upon the approval of the UK Competition and Markets Authority (UK CMA) and will be …
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Updating investors, Unibet Plc’s board has detailed that it is considering changing its holding company name from ‘Unibet Group Plc’ to ‘Kindred Group Plc’. The name change has been proposed in order to ‘improve synergy, clarity and flexibility’ for Unibet’s enlarged group, which following a number of European acquisitions is made up of online gambling assets; Unibet, MariaCasino, Bingo.com, Stan …
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BetITBest‘s Nico Jansen is interested in discovering the best in people. This week it’s Charlie McCann. Charlie McCann has worked for BetVictor since 2011, previously as the Director of Online Public Relations, before becoming Head of Communications in May 2015. An expert in the sports betting industry, he has also worked for both Stan James and 32Red. ____________________________________ Best Holiday Just back …
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Stockholm-listed European sports betting operator Unibet Plc, continues its strong 2016 momentum posting a consecutive ‘all-time’ revenue quarter in its latest interim results for Q2 and H1 2016 (unaudited period ending 30 June). Updating the market this morning, Unibet governance would detail that the company had recorded group revenues of £126 million for Q2 2016 (Q2 2015: £80 million), closing …
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Stockholm listed betting operator Unibet Plc ended 2015 reporting an all-time record quarter performance for Q4 2015, which saw corporate revenues reach £111 million combined with underlying profits of £24.6 million. The operator’s strong year-end finish boosted 2015 results, as Unibet recorded FY corporate revenues of £354 million, up 13% on FY 2014’s £312 million. Publishing its unaudited year-end statement, …
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Steve Fisher is facing up to the prospect of finding a new brand name for the Stan James chain of betting shops that he first set up in 1973, in a process that will cost a seven figure sum. As reported by Racing Post, the change has been forced by the Swedish operator Unibet’s purchase of the seperate Stan James …
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Scandinavian operator Unibet has posted record gross winnings revenue for the third quarter of 2015, and the growth would have been even higher had it not been for an unfavourable exchange rate. Gross winnings revenue amounted to £86.1 million for the third quarter, up from £80.4 million for Q3 2014. However this was ‘significantly affected’ by the translation effect of …
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Unibet Plc Governance has confirmed the completion of its £19 million acquisition of UK bookmaker Stan James’ online assets. The Stockholm listed operator finalises its cash acquisition which was first announced on 10 July. Unibet Group plc will consolidate the online gambling business of Stan James Group plc as from today in its results. Unibet informed the market, that it …
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Unibet has informed shareholders and the media that it has completed its acquisition of iGame Holding Plc. Unibet governance stated that all conditions and deal precedents had been met, allowing for the completion of Malta based iGame Holding and its assets. Unibet completes the €59 million (£42 million) cash deal for iGame which was first announced on 7 August. Stockholm …
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