Tag Archives: Betfair
- PaddyPower refutes customer spying allegations
Irish bookmaker Paddy Power Betfair (PPB) has denied that it has been spying on punters using cookies and social media in an effort to determine their likely income. The oddsmaker made the denial a day after an unnamed source in PBB told The Irish Times that traders who operated on...
- Betfair Casino launch Cash Out Roulette
Online betting exchange Betfair has given its casino vertical a kick in the pants via the launch of Cash Out Roulette. Betfair, now part of the Paddy Power Betfair colossus, has become the first UK operator to launch Cash Out Roulette, a new product that comes courtesy of London-based developer...
- Betfair moving to Northern Territory
Online betting operator Betfair Australia says it’s shifting its down under business from Tasmania to the Northern Territory. This spring, Northern Territory politicians approved legislation allowing its online gambling licensees to offer exchange betting. Gaming Minister Peter Styles made no bones about his intention to “lure” Betfair from its existing...
- Merger costs leave Paddy Power Betfair with over $65M loss, but revenue jumps
Bookmaker Paddy Power racked up more than $65 million in losses at the end of June as the gambling company shelled £200 million ($264.41 million) to cover the cost of its merger with Betfair. Reporting on its interim results, the combined group said it lost £49.3 million ($65.18 million) in...
- Betfair not bothered by New Jersey exchange wagering’s slow start
The US division of betting exchange Betfair says it’s not bothered by the slow start of its New Jersey exchange wagering site. On May 10, Betfair US launched exchange wagering on 4NJBets, the New Jersey advance deposit wagering site run by Betfair’s TVG racing offshoot. The launch marked the first...
- Betfair ‘ready’ to rail against laddish advertising with new campaign
Betting giant Betfair is through with testosterone-induced marketing campaigns. In a bit to change its image to that of a more credible brand, the UK sportsbook has decided to move away from “laddish” advertising with a new multi-channel campaign—a first for Betfair—that aligns the company’s core brand communications with wider...
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