Posts Tagged "PaddyPower"

Betfair has a new campaign dubbed ‘Ready?’ with Lucky Generals

Betfair has a new campaign dubbed ‘Ready?’ with Lucky Generals

Betfair has made its first advertising performance. This comes a short while after having their marketing aligned with Paddy Power which was happened in this year’s first half. The multi-channel campaign “Ready?” has been launched by Betfair jointly with Betfair and Lucky Generals. The new product will cover all communication channels such as TV, social media, radio and newspapers. Luck Generals was picked by Betfair officials as a creative lead agency back in May. Paddy Power managed to register the first corporate savings within the marketing department after the post-merger synergy strategy was put to practice.

“Ready” campaign has already hit top notch. It is recognized as a triumphant attempt between balancing sports and important brand communications. The product does not promote competitive odds or any other sort of bonuses that players can qualify for. During half time in Leicester vs Man United, the “Ready” product was advertised for about 60 seconds. “A champion is someone who’s ready when the gong rings – not just before, not just after – but when it rings. Ready?” this is the voice-over quote being used to advertise the product. This is from the well-known heavy weight boxer Jack Dempsy.

Betfair is well recognized in the betting industry. It has introduced revolutionary products such as Acca Edge and Price Rush as well as imposing changes in the betting industry. The main objective of the campaign is for Betfair to differentiate themselves from Paddy Power and other bookmakers. This is according to Lucky Generals. According to Paul Gambrill the Marketing and Brand Director at Paddy Power Betfair the “Ready” campaign will be an efficient method for capturing anticipation of sports and betting. The campaign is set to be launched in Denmark, Spain, and Italy.

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Paddy Power sued by Roy Keane over image rights violation

Paddy Power sued by Roy Keane over image rights violation

In attempt to publicly announce their products and services they offer, many firms have used images of various superstars with the aim of attracting more clients. For an image of a superstar to be on the front page of an advert, there must be a negotiation on the payment module as well as following protocols to avoid any form of rights violation.

However, former Ireland and Manchester United skipper Roy Keane has moved to court to sue Paddy Power over the allegations that the firm had gone beyond borders and violated his image rights. The firm had infringed Keane’s image rights in their new advert focused upon the ‘Euro 2016 – Braveheart’ campaign.

This didn’t begin this month as Mr. Keane had taken the case to the Irish Commercial Court back in July. According to his representatives, Paddy Power had violated the reputations of the former Irish international by adding an image of him to the advert. This comes after it was claimed that no commercial deal had been entered between Paddy Power and Roy Keane on using his image in the campaign.

Furthermore, the campaign was latter be termed as a very grave and misapprehension as well as misusing of crucial and most valuable well being that Roy Keane has been enjoying through his name, figure, portrait as well as professional status.

His representatives from the Irish law company A&L Goodbody claimed that Keane would ask the firm via the court to make compensation on damaging his image as well as posting it on an advert without any knowledge or any deal being reached. The firm further claimed that these acts were against the constitution and that Paddy Power should face the law.

The leading judge Justice Brian McGovern who was responsible for the Roy Keane vs. Paddy Power case told the Irish news last Friday that the matter was to be set on out of the court.

However, the two parties are yet to come up with an agreed solution to the matter. The two have not yet come out publicly in denouncing their final conclusion on the matter at hand.

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Paddy Power sends Betfair merger prospectus to investors

Paddy Power sends Betfair merger prospectus to investors

Paddy Power shareholders will finally be merging with their rival Betfair Company, and the Paddy Power Company is willing to put up a planned 6.4 billion euros for this initiative. The catalogue will be presented to the companies’ investors before the casting of ballots at a very exclusive general meeting. It is expected that the phase 1 competitor review, presently set up by Ireland’s Competition and Consumer Protection Commission, will be done by December 1st. The UK competition and Market’s Authority is taking part in promoting fair competition for the industry clients, and is due to submit their proposed merger reviews on November 20th.

The final decision regarding the merging of the companies is set to be delivered on January 7th, 2016 by the CMA. In case Paddy Power and Betfair Company clear the UK and Ireland supervisory obstacles without any interruptions, and have approval from their investors, the merging process will be finalized by March, 2016. The CCPC is also set to review the merged entity which is supposed to trade on the London FTSE 100. The time frame for the merger process will be dependent on any issues the CCPC may face with the companies proposals. Specifying further insight on its merger procedures, Paddy Power confirmed that it would pay-out a special 80 million euros, equivalent tobonuses to its shareholders, before the deal concludes.

Morgan Stanley and IBI Corporate Finance are offering advice to Paddy Power, while Goldman Sachs Group Inc. is offering monetary counsel to Betfair. As predicted, the new body will gain a premium listing on the London FTSE. Additionally, the new entity will pursue a secondary listing on the Irish Stock Exchange as an overseas company. Through this merger, Paddy Power will be able to acquire Betfair properties at a near value of 2.86 billion euros equivalent to 3.2 billion dollars. This will also entitle Paddy Power 52% of the total share dealings of the new business entity, which will trade by the title Paddy Power Betfair. The Merged business entity will have its head office in Dublin; with Andy McCue as the leading Chief group operating officer, and Betfair CEO Breon Corcoran as the chief executive.

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Paddy Power – Betfair association now in the initial stage

Paddy Power – Betfair association now in the initial stage

Barely two months ago, Paddy Power and Betfair decided to join hands in a deal worth £50 million. This merging gave rise to a gigantic online betting firm called Paddy Power Betfair plc. The resultant firm would be crucial in according its clients with idiosyncratic as well as various corresponding brands. This followed the two firm stipulating terms for the new incorporation and set a main objective of acquiring £5o million savings. This association will form a base of a persuasive tactical logic that gives room for the two firms in the deliverance of online betting and gaming that would benefit their customers.

With the planned £6.2 billion (€7.5 billion) Paddy Power/Betfair merger already completed, the two firms have initiated the initial face of the business. The probe will be under the eyes of the Irish Competition & Consumer Protection Commission (CCPC). It has been exactly two months since the merging was officially announced on the 25th day of August and this resulted to the two firms sitting together in formulation of the schemed proposal. This was later to be presented to the CCPC.

The task has now been left to the CCPC who will undertake a critical review on the two firm’s merger and schemes that would be directly incorporated in the London FTSE 100. However, it is not clear how long this review will take as various issues may rise from the two firms’ submitted proposals.

Last month, the two firms had done with the agreement on terms and conditions that would be entailed from the resultant merger. The agreement claimed that Paddy Power would incorporate to their platform all Betfair assets believed to be valued at £2.86 billion ($3.2 billion). This meant that Paddy Power will have a 52% share with the Paddy Power Betfair title.

A voting process by Paddy Power shareholders is scheduled for December on acquisition proceedings. The final bit of this acquisition is scheduled for Q1 of 2016. Both Betfair CEO Breon Corcoran and Paddy Power CEO Andy McCue will act as Chief Executive and Chief Group Operations Officer respectively for the new firm.

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Boylesports now in partnership with Metric Gaming to boost their in-game golf markets

Boylesports now in partnership with Metric Gaming to boost their in-game golf markets

Many betting companies have joined hands in attempt to maximize their profits or even make their products renown to many across the globe. Recently, it has been witnessed that merging is a process that has seen several firms undertake with a good example being the merging of Paddy Power and Betfair. This is the trend that has been undertaken by, Metric Gaming a company that specializes in live betting technologies and together with its partner Boylesport a bookmaker based Ireland teamed up.

This new joint venture would see Metric Gaming incorporate in Boylesport sports betting products its long-term in-game golf pricing feeds. The ‘to be’ incorporated live pricing feed comprises of collections of 2 to 3 ball groupings. This would give a chance to golf bettors with Boylesports to bet in-play whereby a golfer would be accorded with a group of 2 or 3 of his balls which would be immersed in the 18-hole. Bettors are supposed to be very keen in such a scenario as odds will be updated now and then all day.

The new invention that has been incorporated in the Metric Gaming platform will award its present as well as future associates with an in game pricing feed that is at the very top of the world that will be integrated through a basic, API-driven incorporation.

This package will furthermore incorporate live in-play bettors who would bet on hole-by-hole markets which would comprise of scores and hole champions as it is the case with Metric’s SuperLive™ golf offering.

The Commercial Director at Boylesports Brendan Hughes claimed that his company was more than pleased with the activities undertaken by Metric especially on areas concerning innovations and sports betting proficiency. He continued to say that he was happy to strike the deal as it would bring to the door steps the cutting edge of amusement in in-game golf betting.

His words were echoed by the Metric’s CEO Peter Bertilsson who added that he was proud to be among the company that gives out the best golfing offers in one of the sport that matches well with in-play markets. He claimed to be eager to work closely with Boylesports in bringing betting reality and experience to their clients.

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