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Bet On Sports
January 19th General news ... Bet On Sports at beton-sports.com
PADDY POWER POSTS STRONG YTD RESULTS
2021-05-18
Online revenues show solid growth with UK and Irish mobile gambling up 298 percent
Irish bookmaker Paddy Power announced in an Interim Management Statement that its strong momentum continues into 2011 for the period 1 January 2011 to 15 May 2011 (YTD).
Key performance indicators include:
- Group revenue up 21 percent year to date
- of which 33 percent growth in online revenues and 7 percent growth in retail revenues.
- UK and Irish online business:
- paddypower.com's online sportsbook performed strongly with total amounts staked up by 46 percent.
- amounts staked via mobile showed a 298 percent growth with 34 percent of its active customers transacted via mobile.
- Sportsbook Gross Win up 60 percent
- Gaming/B2B Gross Win up 26 percent
- Australian online business:
- Amounts staked up 7 percent
- Gross Win up 13 percent
Nigel Northridge, Chairman, Paddy Power PLC said "The comparative period for the remainder of the year benefited from the football World Cup, as well as very favourable sports results. However, the strong underlying momentum in the Group should help to offset these factors, and consequently the Board looks forward to the balance of 2011 and beyond with confidence.”
AAMS AND ARJEL IN COLLABORATION
2021-05-18
Italian and French regulatory bodies in co-operation agreement
The Italian regulator AAMS is due to sign a memorandum of understanding with French regulatory body ARJEL in the near future, tmnews.it reported this week.
The memorandum seemingly covers various issues including the exchange of information on licenced operators, player protection, defending the integrity of sport and the fight against unlicenced operators.
AAMS and ARJEL have refuted media speculation that the agreement may lead to a shared liquidity over the two jurisdictions.
PLAYTECH HONOURED IN EGR AWARDS
2021-05-06
Recognition for quality RNG and Bingo
Online gambling software developer Playtech plc took home two awards from the recent EGR Awards function in London.
The company was honoured with RNG Suppolier of the Year and Bingo Network of the Year, the latter through its subsidiary Virtue Fusion.
Playtech CEO Mor Weizer said: “Winning EGR b2b Awards for two major product categories sends a significant message about the strength and capability of Playtech’s products across the group. As a leading name in the industry, we were delighted to be recognised at this prestigious event and look forward to building on our success in the coming year.”
Other winners included:
Microgaming - Innovation in Slots and best online poker network
Dragonfish - Best Bingo Supplier and poker software
Net Refer - Best affiliate software
Cozy Games - Innovation in Bingo software
Net Entertainment - Innovation in RNG casino software
IGT - Best slots provider
Evolution - Top live dealer provider
Mfuse - Best mobile technology provider
GameAccount - Tops in skill games
Openbet - Best sports betting provider
Neogames - Best white label supplier.
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