Industry
August 2, 2024
Betting Frenzy Surrounding US Presidential Race Reaches New Heights
The US presidential election is turning out to be a goldmine for bookmakers worldwide, with estimates suggesting that roughly $1 billion has been wagered on the outcome despite several months remaining before Election Day. The twists and turns surrounding the 2024 presidential debate have only fueled the fire, creating many exciting betting opportunities. Wagering Platforms […]
Business
June 19, 2024
Flutter Adds Ex-Spotify Exec to Team, Names Soccer Legend as Betfair Ambassador
Flutter Entertainment has designated the experienced Mark Shaw as its new director of global payments strategy. A former Spotify executive, Shaw brings years of corporate experience to the team. Spotify isn’t the only noteworthy company Flutter’s new director has worked for. His impressive track record also includes stints with TSB Bank, Visa Europe and Vocalink. […]
Industry
May 24, 2024
Bettors Engage with UK General Election, Wager £1.35M on Betfair Exchange
As the UK General Election campaign kicks off, betting markets have seen an unprecedented surge in activity. In just 24 hours, Bettors have wagered a staggering £1.35 million ($1.71 million) on the Betfair Exchange regarding the outcome of the 4 July vote, which may be instrumental in resolving the island nation’s ongoing political crisis. Conservatives […]
Sports
May 13, 2024
Social Media Accounts Under Scrutiny for Directing Fans to Betfair
In a shocking revelation, it turns out that popular social media accounts posing as “tipsters” or offering comical content on soccer have been part of a marketing initiative that is meant to lead the accounts’ followers to a major sports betting website. The Secret Behind AndyRobsonTips and BoringMilner The social media accounts in question are […]
Industry
May 10, 2024
Betfair Becomes CR Vasco Da Gama’s Principal Sponsor
British gambling company Betfair has penned a sponsorship agreement with CR Vasco da Gama, a soccer club from Rio de Janeiro, Brazil. This is notably the biggest sponsorship agreement in the club’s history. According to Vasco’s announcement, the deal is valid through December 31, 2025, and could be renewed for up to two more seasons. […]
Industry
February 12, 2024
Betfair: Biden’s Reelection Chances Plummeted after Hazy Memory Report
Political bettors seem to be losing their trust in President Joe Biden’s ability to win the upcoming election, as demonstrated by Betfair. According to the betting exchange, Biden’s odds plummeted following an official report about the president’s waning memory. In a response to the Justice Department report into Biden’s mishandling of top secret documents, the […]
Business
January 18, 2024
Betfair Promotes Rich Hayward to Managing Director Role
Betfair, the world’s biggest online betting exchange that is also a part of Flutter Entertainment, strengthened its team with a senior-level promotion. Rich Hayward, an experienced executive with the company announced he was elevated to the role of managing director at Betfair for Flutter UK & Ireland. Announced Wednesday, the senior-level promotion marks the latest […]
Business
November 10, 2023
Gaming Corps Injects Games into Betfair Casino in LATAM
Gaming Corps, a global developer of gaming content, has formed a major new partnership with Betfair Casino. Under the agreement, the former company will inject content into the operator’s portfolio, allowing it to engage more customers. According to the announcement, the partnership between the two companies will have an initial focus on the Latin American […]
Industry
October 5, 2023
Betfair Bettors Believe Rishi Sunak May Lose 201+ Seats
Betfair, an international betting exchange that offers wagering on politics, said that British bettors believe the Conservatives are losing their momentum. According to statistics, customers believe that the party may lose a whopping 201 seats or more at the next general election. While Betfair customers wouldn’t be necessarily right, they have previously correctly predicted certain […]
Legal
July 11, 2023
Betfair Faces Enforcement Action for AML Violations in Denmark
Betfair International Plc, a subsidiary of Flutter Entertainment, has been hit with three enforcement orders and a reprimand by the Danish Gambling Authority, Spillemyndigheden, for breaching Denmark’s Anti-Money Laundering (AML) Act. Betfair Faces Regulatory Action for AML Act Violations in Three Key Areas The regulatory authority found that Betfair had failed to meet the requirements […]