888 makes inroads in Colorado as part of US invasion plans September 7, 2021 888, a leading online betting company, has announced its expansion into Colorado with the launch of a joint product with Sports Illustrated. The company will launch a Sports Illustrated wagering experience ahead of the start to the National Football League (NFL) season. The infamous media brand will direct its 30 million monthly viewers to 888’s [...]
FTSE 100 tops 7,000 as investors eye Fed rate decision September 22, 2021 London’s FTSE 100 topped the 7,000 this morning as investors shift their focus from the potential impact if embattled Chinese property developer Evergrande collapses to today’s rate decision by the US Federal Reserve. The capital’s premier index climbed 0.87 per cent to 7,041.72 points during early exchanges. The US central bank will announce its next [...]
Gambling giant Flutter taps Vice boss Nancy Dubuc in boardroom shake-up February 25, 2021 Flutter Entertainment has appointed Vice chief executive Nancy Dubuc as a non-executive director as part of a boardroom shake-up aimed at redressing the company’s gender balance. Dubuc, a media industry veteran, has led youth-oriented Vice Media since 2018. Prior to this she was chief executive of A&E Television Networks. Flutter, formerly known as Paddy Power [...]
Will Hill high street shops set for bidding war May 2, 2021 Caesars Entertainment is reportedly set to put Willian Hill’s non-American assets up for sale in the coming weeks. The Vegas giant bought the British high street stalwart in a deal worth just shy of £3bn last month, but is believed to be keen to offload the UK and European arms of the firm. Read more: [...]
Sports streaming firm DAZN taps former Disney executive Kevin Mayer as chair March 3, 2021 Sports streaming service DAZN has appointed former Disney executive Kevin Mayer as its new chairman. DAZN, which is backed by billionaire Len Blavatnik, said Mayer will lead the nascent streaming platform as it pursues an “aggressive” growth strategy. He replaces John Skipper, who is stepping down to focus on Meadowlark Media, a newly-launched content company [...]
FTSE 100 closes higher as tech stocks boost Wall Street May 24, 2021 London’s FTSE 100 closed higher this afternoon after posting its second straight weekly drop, as oil majors provided the biggest boosts to the index. Wall Street also opened higher as tech stocks showed signs of bouncing back from a poor month. The blue-chip index advanced 0.5 per cent over the dat’s trading, buoyed by gains [...]
FTSE 100 climbs as surging commodity prices boost industrials July 7, 2021 London’s FTSE 100 climbed this afternoon after a rally in commodity prices boosted industrial stocks. The capital’s premier index gained 0.43 per cent to reach 7,129 in afternoon trading. The rise was driven by surging oil and raw material prices providing a boost for oil majors, miners and steel producers. Oil prices soared to a [...]
Companies boosted by Covid rank among the worst market performers July 19, 2021 Companies boosted by the onset of the Covid crisis rank among the worst performers on the market over the last year. Takeaway delivery company Just Eat Takeaway.com has benefitted from a surge in orders since the arrival of the virus as a result of Brits rushing to find substitutes to dining out during lockdowns. However, [...]
FTSE 100 lifts as supermarkets drive rally July 5, 2021 London’s FTSE 100 rose on Monday afternoon, driven by a rally in supermarket shares. The capital’s premier index added 0.56 per cent to reach 7,163 in the afternoon session, paring back this morning’s losses. The gains were partly caused by shares in supermarkets rising in afternoon trading after Apollo Global Management announced it was considering [...]
Flutter mulls spinning off Fan Duel sports betting brand in US March 14, 2021 Paddy Power owned Flutter is mulling spinning off its Fan Duel brand in order to capitalise on the growing US sports betting market. Over the weekend the FTSE 100 firm confirmed it was looking at listing part of the brand on a US exchange, it was reported. Having first invested in Fan Duel in 2018, [...]