Tag Archives: Euro 2012
- Betfair to take new direction off the back of steady results
December 13, 2012
UK exchange betting specialists Betfair expect full year results to be lagging behind the previous year as the company’s sluggish performance continued through the first half of the year. Group revenue grew just 5 percent to £200.6million with various regulatory problems meaning the firm’s underlying operating profit dropped by 25...
- ‘Summer of sport’ boosts Betfair’s Q1, but poker, casino fall and CFO quits
September 11, 2012
Revenues at betting exchange Betfair rose 13% to £91.6m in its fiscal Q1 ending July 31. boosted by a ‘summer of sport’ that included the Euro 2012 football tournament, the Summer Olympic Games in London and Andy Murray’s Wimbledon final. Sports betting revenue outperformed Betfair’s overall growth, rising 21% to...
- Paddy Power post impressive Euro 2012 numbers
August 29, 2012
Cheeky bookies Paddy Power posted record profits for the first half of 2012 as their marketing stunts continued to pay dividends. Half year profit for the group increased 21 percent to €68.7 million, which is a record amount. At the same time revenue was up 29 percent to €311m and...
- Paddy Power hits it up in the Italian market thanks to Euro 2012; looks to focus on online betting moving forward
July 13, 2012
Not everyone was all smiles after Euro 2012, but one online sports book is beaming with pride after the tournament allowed it to gain footing in the Italian online betting market last June. Paddy Power is known in the industry for its audacious marketing exploits, but they've also been regarded...
- ARJEL signs MOU with UK; bwin.party hating on Euro 2012; Germany Commission slams Treaty; OnGame Network has six suitors
July 10, 2012
ARJEL has signed its latest memorandum of understanding (MOU), this time with the UK Gambling Commission. The agreement, which will see cooperation and the exchange of information, was signed on July 1 by ARJEL president Jean-Francois Vilotte and Jenny Williams, executive director over at the Commission. In the wake of...
- Betfred sells to Stan James; Betfair increases revenue thanks to Euro 2012
July 5, 2012
Betfred has decided to part ways with 25 of its betting shops, selling them to competitor Stan James for a tidy sum of £5 million. The decision to sell these shops stems from what the company says are 'competition concerns' resulting from their purchase of Tote last year. The deal...
Betfair latest to exit Poland
March 28, 2017
Law panel leans towards regulating gambling in India
March 20, 2017
Nevada legalizes Parimutuel Betting on eSports
October 17, 2017