Betfair and GVC Holdings both had recent run ins with the UK Advertising Standards Authority that left one of the operators cleared of all wrongdoing and one walking away with a slap on the wrist. Betfair won out over an absolutely absurd complaint, while GVC Holdings was chided for maybe suggesting that gambling was a…
Betfair, the UK-based gambling operator, recently scored a victory over the UK Advertising Standards Authority (ASA) in a case that highlights the utter absurdity of the UK gaming market in 2019. In the matter, Betfair was cleared of any wrongdoing with regards to an advertisement that featured a "controversial" use of the word "smart." The…
Paddy Power Betfair and FanDuel are merging their US operations, creating a US-facing gaming entity with a focus on sports betting. It's the first major UK/US gaming merger to emerge from the US Supreme Court's recent decision to leave the future of American sports betting in the hands of American States. Details of the deal…
Officials from Paddy Power Betfair are in negotiations to possibly acquire the US daily fantasy sports site FanDuel. It's the first major, potential, acquisition of a US sports wagering firm since the US Supreme Court green-lighted regulated sports betting at the state level earlier this week. And, in the eyes of gaming industry watchers, it's…
Some big time UK gambling operators are taking threats by the UK Gambling Commission (UKGC) to crack down on casino affiliate marketing quite seriously and have begun cutting ties with their UK facing affiliate marketing programs. The move was announced in an email sent to affiliate partners of Paddy Power Betfair and 888 earlier this…
Paddy Power Betfair, the Ireland-based operator, is dipping its toes into the US daily fantasy sports market with its recent acquisition of an American DFS site called DRAFT. It's a gutsy move that puts Paddy Power Betfair in direct competition with the industry's biggest players, Draft Kings and FanDuel. The purchase was announced yesterday and,…
Paddy Power Betfair's first year of combined operations was highlighted by increased revenue. That revenue boost, however, was dragged down a bit by the costs of joining the two companies. The company's 2016 results were released in the form of an earnings report on Tuesday, which was well received by investors. Overall, Paddy Power Betfair…
Betfair recently announced that it is exiting the Canadian sports betting market and will no longer be taking action from Canadian players. Though no one is certain exactly what triggered the move, it's believed that it has something to do with the company's impending merger with Paddy Power. The announcement, which was made in the…
Betfair betting exchange stock prices took a 21% leap after the company released some very impressive numbers in their Q3 earnings reports. According to a report from CalvinAyre.com, Betfair's revenue was up 20% last quarter over the same time last year. Earnings on that revenue were up a whopping 17%. Mobile wagering was one (of…
