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Adjusted EBITDA was also up 59% on a reported basis, to £342m, and 35% on a pro forma basis to £684m. However, profit before tax fell a sharp 70% to £24m. The operator’s share price was up 2% to £127.80 after its H1 report was published. Flutter attributed its H1 performance to enhanced diversification following […]

The exectuive has said he holds “different views on how to position and develop the company,” thereby leading to a “common decision to separate our paths.” Interwetten hired Beier as speaker of the board in December 2018, when he was just 27. He went on to state his intentions to Gambling Insider, suggesting Bwin and

Mobile wagering also had a solid showing in July with a handle of $4.4m, up 109.5% from June’s $2.1m, according to reports from the Rhode Island Lottery. While mobile sports betting wasn’t available in the State in July 2019, the July 2020 mobile handle accounted for 65.4% of the total sports handle for the month.

Casinos were permitted to reopen in England from 15 August – a decision welcomed by the BGC as “belated good news.” Scottish and Welsh casinos were permitted to reopen from 24 August and 29 August, respectively. Despite this, Simmonds has warned that high-street gambling will only survive with the assistance of the Government. She said:

Under the deal, Betgenius will provide the operator live streams for thousands of sporting fixtures, as well as live trading for each event, which will be powered by official data. The Betgenius streaming service will allow Betsson to offer round-the-clock live streams for an array of sports including football, basketball, tennis and volleyball, and enhance

Rumours of Caesars merging with William Hill were previously mooted but, following Eldorado Resorts’ $17.3bn acquisition of Caesars, the operator now has more market power when it comes to acquiring its fellow retail and online operator. Caesars has since emerged as a candidate, alongside Apollo Global, for a £2.9bn ($3.72bn) takeover of the company. Where William

Eva Karagianni-Goel, previously Colossus Bets’ CCO, will succeed O’Reilly in the COO role. Marantelli has moved to Spain with his family and believes it is the appropriate time to step away from day-to-day duties, remaining on board as a Colossus Bets consultant. The company confirmed in a LinkedIn post: “Today, we announce that our founder,

Gill Alexander, host of ‘A Numbers Game’ on sports betting media network Vegas Stats and Information Network (VSIN), has described the situation in the latest episode of his podcast. Alexander explained how he placed several bets on Iga Swiatek to win the women’s French Open at a number of sportsbooks. Although he received winnings from

The online betting platform, which allows its users to buy and sell shares in footballers, is the latest operator to join the global body which aims to protect sports betting integrity and combat corruption. Football Index, which launched in 2015, joins as an affiliate member, which allows organisations whose business models differ from the IBIA’s

CEO at William Hill Ulrik Bengtsson said: “We have moved the company forward with our relentless focus on our customers, enhancing the competitiveness of our product, and maintaining player safety as one of our highest priorities.”  According to the update, the group-wide performance was influenced by the return of sporting events and resumed retail operations. The online