Better Collective AS has lauded the strong diversification of its media assets, having achieved a record-breaking quarter to close full-year 2022 trading. Publishing its 4th quarter and FY2022 results, the Stockholm-listed media publisher achieved record Q2 revenues of €86m, up 63% on 2021 comparatives of €53m – helping FY revenues stand at €270m (FY2021: €177m). Headline growth saw Better Collective …
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Flutter Entertainment has announced the appointment of Steve Hawkes as Director of Reputational and Public Affairs for the FTSE100 betting group. A Fleet Street veteran, Hawkes is a former senior reporter covering business and political affairs for The Sun, The Times and The Daily Telegraph newspapers. Hawkes joins Flutter from leading public affairs agency BCW Global, where he served as …
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The UK Gambling Commission (UKGC) has raised concerns that Camelot Group‘s legal challenge of the Fourth National Lottery Competition may delay the handover of the National Lottery’s operating contract to Allwyn UK. The concern was raised by UKGC executive John Tanner in his submission to the High Court of England and Wales, as Camelot seeks to overturn the appointment of …
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Better Collective AS has declared a ‘record financial performance’, attributed to outstanding US growth that has surpassed all management expectations. Publishing its Q1 trading update (period ending 31 March), the Stockholm-listed media publisher registered corporate revenues of €67m, up 74% on corresponding 2021 results of €39m. Topline growth was attributed to US market gains, that delivered ‘46% of group revenue …
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Camelot UK is set to launch a High Court legal challenge to the UK Gambling Commission’s (UKGC) decision to name Allwyn as the ‘preferred applicant’ for the fourth National Lottery licence. As reported this weekend by The Daily Telegraph, the ever-present officeholder will announce its intentions to take the Commission to court later this week, claiming it ‘broke the law’ when awarding the Czech-based operator the licence. …
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SISAL, the operator of Italy’s Superenalotto lottery, has entered the competition to win the UK government’s fourth National Lottery licence. This weekend, SISAL confirmed to The Daily Telegraph that it was preparing to launch its bid, backed by US private equity fund CVC Capital Partners. SISAL Chief Executive Francesco Durante revealed that the Italian heritage gambling group had partnered with …
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The Times has reported that the FA is willing to implement a ‘golden share’ in a move to block Premier League giants from pursuing a radical overhaul of English football’s competition and reward structures. Dominating this weekend’s football headlines, the Daily Telegraph published its exclusive report outlining the objectives and changes that had been drafted by the owners of Liverpool …
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DCMS has criticised English Football League Chairman Rick Parry for his open support of radical changes to English football’s competition and reward structures revealed in this Sunday’s publication of ‘Project Big Picture’. Publishing its ‘worldwide exclusive’, The Daily Telegraph reported that the US owners of Manchester United and Liverpool FC had drafted radical proposals pursuing ‘English football’s biggest shake-up in a …
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Better Collective said acquisitions in the US and Sweden had positively impacted its total growth in Q3 2019 (1 July to 30 September) after posting record quarterly revenues of €17.13 million – up 54 per cent from €11.13 million in the corresponding period of 2018. The industry affiliate added that organic revenue growth was 25 per cent. EBITA before special …
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GVC Holdings has confirmed the appointment of Barry Gibson as the operator group’s Non-Executive Chairman, with the appointment taking effect from today. Over the weekend, Sky News, The Times and The Daily Telegraph reported that Gibson would assume the new position, due to succeed Lee Feldman who will step down on 27 February 2020. Stephen Morana, GVC’s Senior Independent Non-Executive …
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