Search Results for: Paddy Power
Here’s the first deal of the legal sports betting era: Paddy Power Betfair is buying FanDuel
May 24th, 2018
Earlier this month, the U.S. Supreme Court gave the go-ahead to legal sports gambling. Now we have the first result of that deal: Paddy Power Betfair, a U.K.-based sports-betting heavyweight, is buying FanDuel, a big fantasy sports operator. This ...
Paddy Power Betfair shares worth £100
January 24th, 2017
Donald Trump’s surprise presidential election victory cost Paddy Power Betfair (PPB) £5 million in the fourth quarter of 2016, with customer-friendly sports results burning a £40 million-shaped hole in the bookmaker’s pocket. Fast-approaching the first anniversary of the merger ...
Here’s what to watch in European stocks this morning
October 30th, 2018
Trade Talk Stocks gained in Asia after Donald Trump said he’s aiming for a “great” deal on trade with China. U.S. equities had declined earlier after a report saying the White House is preparing to impose more tariffs on ...
Playtech announces strong growth in H1
August 24th, 2017
Playtech (LSE: PTEC) today announces its results for the six months ended 30 June 2017, together with a trading update for the period to 22 August 2017. Financial summary Group financial highlights Total revenues ...
Sage announces agreement to acquire Fairsail
March 7th, 2017
The Sage Group plc (“Sage”) the UK’s largest tech company today announces an agreement to acquire Fairsail, the UK’s fastest growing tech scale-up and the global cloud HCM and people management system for mid-sized businesses. Currently a minority shareholder, ...
Playtech reports revenues up 12% for year 2016 vs 2015
February 23rd, 2017
Playtech (LSE: PTEC) today announces its results for the year ended 31 December 2016, together with a trading update for the period to 20 February 2017. Group financial highlights · Total revenues up 12% vs 2015 on a reported ...
William Hill flags profits at top end of target range
November 14th, 2016
Bookmaker William Hill cheered the City today by flagging that full-year profits would be at the higher end of its £260 million to £280m target range. Total net revenues lifted 6 per cent in the four months to 25 ...
Bookmaker already paid out on Hillary backers and now considers canceling its Christmas party after Trump win
November 9th, 2016
It already paid out on Hillary – and it’s facing a massive hit on Trump bets Bookmaker Paddy Power grabbed headlines when it called the US Presidential Election in mid October – the Irish firm paid out $1m (€880,000) ...
Playtech eyes $427m OpenBet acquisition
February 3rd, 2016
Teddy Sagi’s gambling platform technology company is among the suitors for gambling software company OpenBet. Online gambling platform technology company Playtech plc (LSE:PTEC), controlled by Teddy Sagi, is vying with bookmakers William Hill and Paddy Power for the purchase ...
Playtech forays into FX trading market with $224 million buy
April 2nd, 2015
Gambling technology company Playtech (PTEC.L) is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million). Playtech provides software used in sports betting and online ...