Updating the market on its Q1 2016 performance (period ending 31 March), Toronto TSX-listed NYX Gaming (NYX) has reported an 89% revenue increase to CAD $18.8 million (Q1 2015: CAD $9.9 million) driven by new client growth. NYX would record group gross profits of CAD $16.2 million, with an underlining EBITDA of CAD $4.8 million up 102% on corresponding Q1 …
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‘Archaic’ Australian in-play ban will force players offshore
Scott Longley looks at the future of the in-play betting in Australia and finds that it might not have one after this summer’s General Election. If there is a song which occasionally typifies the relationship betting and gambling companies have with regulators and governments when they end up pushing the boundaries of what is acceptable according to the limits of …
Read More »Betfect adds William Hill to its social network
Betfect went live last year with Ladbrokes and it has now been announced that the sports betting social network will henceforth include odds from William Hill too. The London based tech start-up is aimed at enhancing the sharing of bets and making digital sports betting more of a social activity, as was the case when people would place their bets …
Read More »William Hill make Daenerys Targaryen the favourite for the throne
With HBO’s Game of Thrones now into its sixth series and having sped past author’s George RR Martin’s original books, it’s anyone’s guess who will end up seated on the Iron Throne. With the mammoth cult following of the show and book series leading to plenty of theories and predictions in its online fandom, bookmaker William Hill is allowing enthusiasts …
Read More »Will Hill puts Manics at 4/1 to score a number one with Euro 2016 anthem
You may have heard it by now, and if not head straight to Youtube because The Manic Street Preachers have debuted their official Wales Euros 2016 anthem titled ‘Stronger Together (C’Mon Wales)’. William Hill has priced them 4/1 to score a number one single with the track which includes the line ‘with Ashely William we can win any fight’ amongst plenty …
Read More »Is the betting market prepared for the rise of The Sun?
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 …
Read More »William Hill looks to turnaround online decline following rough start to 2016
William Hill’s 2016 woes continue as the operator reported a 3% decline in group net revenues for its unaudited 17 week trading update (period ending 26 April). A rough start to 2016, had seen the FTSE-listed operator revise its year financial guidance following a miserable week at Cheltenham 2016. Today William Hill governance stated that 2016 expectations remained at a …
Read More »Leicester City triumph to trigger ‘recalibration’ on long shot pricing
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 …
Read More »Scott Longley – Help the aged…the bookies’ demographic crunch
As the industry pushes forward with a higher emphasis on omni-channel strategies Scott Longley examines why legacy bookmakers have to look to overturn the ageing demographic of their retail betting customer base. With a view of modernising its shops and retail points what can the industry learn from other sectors… Much of the to and fro in the submissions to …
Read More »Sporting Index bolsters ESSA membership numbers
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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