Posts made in November, 2016

It is believed by many that Betty Power merger won’t be the last major deal

It is believed by many that Betty Power merger won’t be the last major deal

The newly announced deal that would involve the merging of Paddy Power as well as Betfair have received a warm welcome in the market with Betfair’s shares going up by 18% while those of Paddy Power rising by over 15%. On the other hand, there has been a decrease in shares for both William Hill and Ladbrokes.

A writer Jonathan Guthrie of the FT Lombard column claimed that the association is aimed at maximising profits deemed to reach over £5bn. He claimed that both firms have to do well considering their multifacetedintegrations of systems as well as cultures. However, this should not be given so much hope as it may end up like the case that was portrayed by the amalgamation of Quantities Easing which Lombard was giving much anticipation.

According to Cavendish Corporate Finance, there are more deals that are expected to be strike between various betting firms. Among them the Bwin and GVC/888 deal awaits as well as Ladbrokes and gala Coral deal.

Jonathan Buxton who is the Head of Consumer and a partner at Cavendish Corporate Finance claimed that the new merger between Betfair and Paddy Power forms the beginning of other expected deals to be strike by various betting companies. Increased regulations as well as tighter overheads are seen as two main loggerheads that affects M&A. This comes even after the betting business playing a bigger role in UK’s GDP with over £2 billion annually. However, this is not enough as parliamentarians have fought the non-complying betting firms that are based offshore in attempt to evade taxes. He added that to be on the gaining side, the betting firms have tried to make sure that securing economies of scale as well as cost saving is their number one priority.

Jason Trost, CEO and Founder of betting exchange Smarkets, is not pleased with the amalgamation processes and claims that Betfair should stick with its exchange model rather than indulging in other businesses. He added that it is not advisable Betfair to form alliances with antiquated bookmakers but instead should cuddle to the value added. This will definitely bring in short-term shareholder value as well as lack of innovations.

Read More

My Club Betting in a new partnership to facilitate new sports betting technology

My Club Betting in a new partnership to facilitate new sports betting technology

My Club Betting has claimed that it has indulged in a deal with FSB Technology (UK) Ltd. The company claimed that this is a major step undertaken as it will now stand a better chance of initiating a new sportsbook.

Incorporated in the deal, FSB will incorporate My Club Betting in its market as it trades its vast and array of products based on sports in both categories of pre-match as well as in-plays. It will also incorporate it’s to earning market of horse racing product.

The exclusiveness aspect of My Club Betting will give it a chance of giving out more than 100,000 local sports club all over UK with the labelassociate solutions. This means that the incorporation of FSB will play a bigger role as the firm would stand a position of utilizing both API and UK licences and hence offering their clients with the best products and services ever.

Bernard Casey, My Club Betting CEO claimed that it was with open arms that he welcomes the FSB Technology association and will be a major boost for his company who would now indulge in branded live sports betting podium as well as instantaneous algorithmic pricing models.He added that this new partnership between these two firms have come up with a service that is believed to provide clients with a real time experience and will guide them in the provision of sports club as well as organization that would be crucial to customers as they try to earn a substantial income.

Richard Thorp, FSB’s Business Development Director on the other hand claimed that his company’s podium has a flexibility aspect which would be vital as they supply My Club Betting with totally managed services. He continued to claim that they would accord the firm with a vast data feeds, top trading team as well as a broad array of sports which would be accompanied by their newly improvised CRM tools.

The FSB managed services have incorporated a number of services such as CRM tools accorded to various customers, bonusing, real-time algorithmic pricing models as well as live sports betting platform.

Read More

Synot Group now in a deal with Australian slot developer; Atlas Gaming

Synot Group now in a deal with Australian slot developer; Atlas Gaming

Synot Group the Eastern European gambling and betting operator has announced that it has made a little investment with Atlas Gaming; a company based in Australia and involves itself with manufacturing machine gaming equipments. This comes as an included deal of a part that involved its previous deal that was stuck between them and South African gambling investment firm Grand Parade Investments (GPI).

The new deal stipulates that The Synot Group investment in Atlas Gaming will oversee itself from its base in Czech being vigorously involved in the distribution of services all across the globe taking the name of Australian manufactures.

Since the Australian manufacture is well known in the world, the company would take this glorious chance in attempt to publicly showcase itself to the world populace and gamers who may end up signing in with them as potential clients if they would be pleased with its products as well as services. However, Synot group was reluctant in giving more information on the terms that would be incorporated as they invested in Atlas Gaming.

The management team based in Atlas Gaming claimed that it is on the verge of expanding its services based on the gaming machine products for its Australian as well as the South African markets. This, it claimed would raise more awareness about the firm and its products to unawares clients and in turn the company would actually increase its revenue.

The new investment for the two companies will give Synot Group a through way channel that would make its products and services familiarized in Eastern Europe.

Miroslav Valenta Jr. who is the Synot Group Sales Director was very pleased with the deal and received his new associates the GPI with open arms claiming that the company has been in existence for a short period and it was about to vanish due to lack of investors. However, his company was much willing to strike a deal that would be a great boost to the firm where it would be popularized in the global markets. He continued to say that this association is not necessarily on investments but looks beyond the acquaintance of new markets for maximization of revenues.

Read More

Roulette will now be available alongside your betting products in Ireland thanks to A Bet A

Roulette will now be available alongside your betting products in Ireland thanks to A Bet A

Every month, a new game is incorporated by betting companies to their platforms for their loyal clients. However, no other amazing offer that has ever been evident like the one initiated by A Bet A. The betting company has joined hands with Betting Data Services and has decided to initiate a roulette games to their reliable customers based in Ireland. This new game would be available to all retail customers as well as fresh customers and comes with a free to play promotion.

This new roulette game known as Roula Roula will be running every 5 minutes across the betting business and will be available from 08:00 to 22:00. Moreover, it will be streamed to in-shop televisions. It will be the responsibility of the A Bet A’s Epos system in provision for data that would be tasked with securing clients bets as well as settlements. A client should not get worried on the streaming of the game on TV as it is not a must that one has the A Bet A EPOS system to get the game.

A strong believes that the new product would be a hit at the market was claimed by the A Bet A Operation Manager Jason Hardman. The reception of the new innovation by clients would be genuine as it tries to make extra income stream.

He said that despite having bad times, his company will be rejuvenated by the new Roula Roula which he termed as an easy as well as successful product of the RNG that has brought extra contents for their clients and will play a bigger role in the increment of both the footfall as well as retention in their shops. It’s simple and doesn’t need any computer equipment or technology. The new innovation will be available to clients free of charge in the initial year of launching and this would mark a strong victory.

The new partnership between A Bet A and Betting Data Services will oversee future collaboration in launching other new games to their portfolio in the Irish market.

There will be a showcase on the 21st of October by the firm who would exhibit its larger products in its portfolio at the TVC Bookmakers Trade Fair at Cranmore Park.

Read More

Kodi Bear is a promising horse says Clive Cox

Kodi Bear is a promising horse says Clive Cox

Success may dawn to ever happy Kodi Bear who could relish the chance of living in one of the best and fantastic moments. This comes after Kodi Bear was officially confirmed as among the attendees during this Saturday’s Doom Bar Celebration Mile that would be held at Goodwood.

Clive Cox who trains Kodi Bear praised the horse by claiming that he was the very best horse that Cox have worked with so far. He added that Kodi Bear is a determined, dedicated and glory angry horse which with no doubts will prospers and be a horse to watch in any event. This comes after Kodi Bear clinched the Group 3 Sovereign Stakes in his previous event. This comes as good news to Kodi who is now eyeing to taking up another step upwards to the next stage of Group 2 which is claimed to be worth £100,000.

However, all focus for Kodi Bear is set on the upcoming event of the Qipco Queen Elizabeth II Stakes where he is expected to perform much better. This comes after Kodi Bear was unavailable for the 2,000 Guineas after he was cast in his box. Furthermore, there is more redemption time as he is expected also to take part in the Celebration Mile which is deemed to be the best time for springing up before the British Day which will be held in October at Ascot.

Success may be eminent for Kodi Bear having his rival and lethal competitors who feature in Group 1 Arod and Toormore having been off the grid. However, the event should not be taken lightly as there are other fierce competitors such as Dutch Connections as well as Lighting Spear.

Lightning Spear is among the favorites too after he was ranked fourth during the Prix Jacques le Marois in his previous event and that has prompted Coral bookmaker to award him with 9-4 odd. He is followed closely by Kodi Bear with 5-2.

David Stevens from Coral claimed that Goodwood contest will not be a walkover for Kodi Bear as he faces a stiff competition from Lightning Spear who is ranked in Group 1. The event will also feature the return of Godolphin as well as Hors Be Combat and Captain Cat.

Read More

Recent Comments

    Always bet responsibly and never gamble what you cannot afford. Here at sports-bettingsites.com we support responsible gambling. If you think that problem gambling is affecting you and/or those close to you you might want to contact gamcare and if you want to gain greater gamble awareness you can visit gambleaware.co.uk for more information.