Tag Archives: Mobenga
- Ladbrokes online operations improve but overall profits fall
February 26, 2015
UK betting operator Ladbrokes profit fell hard in 2014 despite significant improvements in its much-maligned online offering. Full-year revenue (excluding high-rollers and exceptional items) rose 3.8% to £1.16b but earnings fell 9.3% to £125.4m and profits fell 13.4% to £93.1m. The statutory numbers were much harsher, with earnings falling 71%...
- Playtech reports significant H1 profit gain and trio of new turnkey deals
August 28, 2014
Online gambling technology provider Playtech saw its shares rise over 7% on Thursday after the company reported strong H1 earnings and announced a trio of new deals. Revenue in the first six months of 2014 rose 21.2% to €214.4m while profit hit €96.8m, up 44.8% once you discount the proceeds...
- Sports Betting Just Got Easier at Ladbrokes and William Hill Announce Several Mobile Changes
December 12, 2013
Sports betting just got easier at Ladbrokes after the outfit moved their mobile sports book onto the Mobenga platform, and William Hill improve payment processing options and inks a deal with Realistic Games. Ladbrokes bigwigs were quick to point the finger at their ‘lack of competitiveness in sports book,’ after...
- Playtech reports healthy H1, ponders how to spend €576m cash pile
August 29, 2013
Online gambling software provider Playtech PLC saw revenue rise 15% to €176.8m in H1 2013, despite this period containing only 3.5 months of contributions from the William Hill Online (WHO) joint venture. Playtech shed its 29% WHO stake in the spring after Hills’ CEO Ralph Topping tired of his junior...
- Ladbrokes blames betting blight on earth’s proximity to the sun
August 8, 2013
UK bookies Ladbrokes saw pre-tax profits slump 48.5% to £55.1m in the first half of 2013, news that sent the company’s stock down nearly 4% on Thursday to close at 199.6p. Lads’ overall revenue actually grew 6.4% to £563m, but its individual divisions all reported profit declines. UK retail profit...
- Paddy appoints two and pay Bendtner’s fine; Worldlink get marketing expert; Betboo release Mobenga mobile product
June 19, 2012
Paddy Power has appointed two new senior managers with both coming from an established Internet background. William Reeve is co-founder of LOVEFiLM.com and joins the firm as head of operations with the role starting on September 5. Fin Goulding, meanwhile, is the former CTO at lastminute.com and will start his...