Euro 2024 adverts review: Adidas, Coca-Cola, Sports Direct, BBC and Paddy Power review Who are the Jude Bellinghams and Jack Grealishes of the advertising world?
Betting firms face new tax to fund gambling addiction support, leaked report says Gambling Betting firms may have to pay a new tax to fund support for gambling addicts, according to leaked details of the government’s upcoming gambling white paper. The exact rate has not been specified, but according to a report in The Sun, which published leaked details of the white paper late last night, said it could [...]
Betfair owner Flutter gambles on US market with plans to embark on secondary listing Flutter Flutter, the UK betting group that owns Betfair and Paddy Power, is contemplating a secondary listing in the US to tap into the American gambling market. The world’s largest online betting group plans to consult shareholders “extensively” on the matter and prioritise it over plans to list a stake in its US business, FanDuel, which [...]
Advertising watchdog bans Paddy Power ad for prioritising gambling over family life June 15, 2022 The advertising watchdog has upheld its ban of a Paddy Power ad, which showed a punter prioritising betting over family life. The TV ad showed a young man using his phone to gamble on Paddy Power’s ‘Wonder Wheel’ game in a living room whilst family were present. The young man briefly looked away from his [...]
Betfair owner Flutter ties staff bonuses to stamping out gambling addiction as industry gears up for reform February 28, 2022 Betfair and Fanduel owner Flutter Entertainment has said this morning that it will tie 10 per cent of annual bonuses for its staff to initiatives aimed at helping prevent gambling addiction. The world’s largest online betting group stated that these targets were part of a package which hoped to get 75 per cent of active online customers [...]
Paddy Power owner Flutter sees 32 per cent rise in revenues to £1.5bn April 29, 2021 Gambling giant Flutter Entertainment saw its total revenue leap by 32 per cent to £1.5bn in the first three months of the year, the company said this morning. The Dublin-based owner of Paddy Power and Betfair said that sports betting revenues shot up 43 per cent to £896m. Meanwhile, its gaming market grew 18 per [...]
Pandemic leads to surge in online gambling at home February 26, 2021 Gambling Commission finds Increases in last few months to online gambling
Paddy Power owner Flutter in $4.2bn deal for FanDuel stake, sending shares higher December 3, 2020 Shares in the owner of Paddy Power and Betfair, Flutter, have jumped nearly seven per cent this afternoon on news it will buy a 37.5 per cent stake in FanDuel for $4.18bn. Around $2.1bn of that will be in cash to Fastball with the remainder received in Flutter shares. London-listed Flutter also said it will raise [...]
Gambling committee calls for ban on celebrity endorsements October 22, 2020 Jose Mourinho, Michael Owen and Harry Redknapp could be set to lose lucrative gambling contracts, as the use of celebrity endorsements in betting adverts is expected to be banned under a wide-scale crackdown on problem gambling. The Committees of Advertising Practice (CAP) has launched a consultation on the new measures, following fresh data showing problem [...]
Is irrational exuberance skewing US election betting? October 16, 2020 It has been an extraordinary week on Betfair’s US election markets. An average of £3million traded per day, amounting to around 15% of the total matched since November 2016. That sharp rise in volume triggered two of the most rapid and substantial market moves seen all year – one for each candidate. By the end, [...]