Wednesday, March 29, 2023

Tag: Paddy Power

Paddy Power and SG partner in ‘game-changer’ for NZ betting

Paddy Power, SG, partnership, NZ, sports betting
New Zealand’s TAB has partnered with SG’s OpenBet and Irish bookmaker, Paddy Power, in a $26m relaunch of its sports betting site. The monopoly operator’s new fixed odds platform and mobile app will be powered by OpenBet’s technology, while Paddy Power…

Paddy Power and Stars in talks for £8.4bn mega-merger

In a sign that the even world largest betting and gaming companies are not done consolidating, the Sunday Times reports of merger talks between Paddy Power Betfair and Stars Group - for what would have created an £8.4bn company. According to the newspaper…

Inspired launches ’The Virtual Grand National’ with Paddy Power

Inspired, Virtual Grand National, Paddy Power, gambling
Inspired Entertainment, Inc. today announced the first retail launch of their newest virtual horse racing product ‘The Virtual Grand National’ with Paddy Power Betfair plc. across the bookmaker’s full retail estate of over 620 stores in the UK and Ireland.

FanDuel scores US DFS expansion with Boyd partnership

anDuel, the American DFS subsidiary of Paddy Power Betfair has partnered with Boyd Gaming, gaining access to the latter’s licensed market in 15 US states. Boyd, which recently signed a shared access deal with MGM Resorts International...

Bet365 agrees deals to sponsor half of La Liga

Bet365 has announced an unprecedented sponsorship drive by partnering with ten La Liga football teams. The deal means to Stoke-based bookmaker will sponsor exactly half of the entire Spanish division. La Liga , the only league equivalent to…

FanDuel, DraftKings make early strides in US betting sector

us sports betting
FanDuel’s bargain sale to Paddy Power Betfair may not have pleased its ordinary shareholders - but has given it a head start in the race for US betting contracts. Meanwhile its fantasy sports nemesis, DraftKings, is trailing close behind. The only two titans of…

Paddy Power founder: Industry must tackle online problem gambling

stewart kenny paddy power
The founder and former chief executive of Paddy Power has criticised the company’s response to online problem gambling, the Times has reported. Stewart Kenny, who co-founded the bookmaker and was on the board until 2016, also called on the industry to limit the amount of money people lose online. He told The Times that mandatory limits were needed on money...

Over 120 operators set for Betting on Sports 2017

betting on sports
  More than 120 operators, 75 top level affiliates and 80 suppliers will be joined by some of the biggest sports organisations in Europe at this year’s Betting on Sports conference, taking place 12-15 September, the organisers have said.   Among the 120 operators at conference will be the recently merged Paddy Power Betfair, a premium sponsor of the event, and Ladbrokes...

Potential knockdown for Paddy Power after paying out on Mayweather early

Betting Business, Paddy Power Betfair, H1 growth Jackson
Forever bringing controversy to the world of betting with their early payouts and odd offerings on unorthodox events, Paddy Power has now decided to reward Floyd Mayweather backers three days before he takes on Conor McGregor. Paying out £250,000 yesterday morning (26 August) to Money Mayweather’s devout, an image posted on Twitter by the Irish bookmaker said: “We’ve payed out...

Paddy Power gets social with Facebook bot

BBi - Paddy Power Facebook
The UK bookmaker Paddy Power will be the first company to go live with the new Onionsack-powered Facebook allowing players to place bets directly via the app.   The bet messaging platform provider, Onionsack, has developed the industry-first chatbot for Facebook Messenger powered by the company’s SaaS messaging platform. We know our customers love mobile messaging apps so having a ChatBot on...

Online bookmaker performance grilled on race day

BBi - Grand National Bookmakers race day
In an increasingly competitive and low-margin market for online sports betting, loading times and bets-per-minute have come to define the industry’s winners and losers. The Grand National results were mixed on race day, yet even the fastest off the block may be wishing they’d slowed down their Scottish customers this year.   As forty horses took to the field in the...

Paddy Power Betfair Plc reports strong Q1 growth

Betting Business, Paddy Power Betfair, H1 growth Jackson
A report from Paddy Power Betfair Plc for Q1 2017 has recorded 23% revenue increase and a key growth driven by sports for the company.   Paddy Power Betfair plc has announced a trading update for the three month period ended 31 March 2017 with key growth driven by sports in Q1 2017. Revenue up 23% to £416m (up 15% in...

Paddy Power turns to Trump in an undersporting 2017

Betting Business - Paddy Power Donald Trump 2017
Paddy Power pushes its political betting odds during 2017 with a focus on Donald Trump to make up for lack of major sporting events this year.   A year of no major sporting tournaments is normally bad news or bookmakers, but for one creative odds-bod 2017 offers another way to keep people betting. Despite political betting - and Donald Trump in particular...

Paddy Power Betfair deliver strong results following key integrations

Betting Business - Paddy Power Results 2016 Betfair Plc
2016 was a strong year of growth for one of the leading sports betting and gaming groups in the world, Paddy Power Betfair PLC, according to its year-end results.   Paddy Power Betfair Plc, has announced its preliminary results for 2016 showing solid revenue growth and key integration actions completed with ongoing synergies of £65m. The company’s total revenue increased by 18...

Rise of the little man upsetting the odds

Betting Business, politics, bookmakers, odds
We may be in unpredictable political times, but how is it that the majority of gamblers keep calling the mood, while Britain’s biggest odds-bods keep getting it so wrong? Political betting seems to be dangerous territory for the industry at the moment.   When pollsters lose their credibility, the chatterati routinely turns to bookmakers for answers, yet the last 18 months...

Racing Post and BGT launch terminal into high street bookmakers

Betting Business Racing Post
A range of new horseracing and greyhound self service terminals has been launched by Racing Post and Best Gaming Technology into UK bookmakers.   Racing Post and Best Gaming Technology (BGT) have combined to launch a new horseracing and greyhound product into 12,000 Self Service Betting Terminals across Ladbrokes, Paddy Power and independent operators including BoyleSports, Jennings Bet, Chisholms and Corbetts. The...

NetEnt forms agreement with Paddy Power

Betting Business Paddy Power NetEnt
Digital leader NetEnt has confirmed it has finalised a contract with Paddy Power to distribute its titles to the UK retail market.   NetEnt, the Digital entertainment leader, has signed a contract to license its premium gaming solutions to Paddy Power for distribution across the UK. The agreement is the latest step in the existing online business partnership with Paddy Power and...

Olympic integrity in question following IOC decision

Olympic, Thomas Bach
The International Olympic Committee (IOC) has rejected calls for a blanket ban on Russia at the Rio 2016 Games, raising concerns from bookmakers about the integrity of the world’s most prestigious sporting event. The IOC instead ruled that individual sports federations should decide whether Russians are eligible to compete, however the athletes will still need to meet strict criteria laid...