RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review

Best USA Casino Bonus

Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.

 

Bovada Casino Bonus Code

 
No Deposit Bonus

Betfair Full Year 2013 Results

Tuesday May 7,2013 : BETFAIR FULL YEAR 2013 RESULTS POSTED
 
New CEO says business has gone through a significant period of change
 
The UK online gambling group Betfair plc, which is currently fighting off an acquisition attempt by a private equity partnership  has posted an unaudited trading update following the end of its financial year on 30 April 2013.
 
Highlights of the report and a trading update include:
 
* Estimated results above the top end of Betfair's guidance range: FY13 estimated revenue of c.GBP 387 million.
 
* FY13 estimated underlying EBITDA of c.GBP 73 million
 
* Cash balance at 30 April 2013 of GBP 168 million (2012: GBP 118 million)
 
* Good progress made on the new strategic plan, with cost savings increased to c.GBP 30 million (from GBP 20 million) and full benefit now expected in FY14.
 
* Employee numbers reduced by c.500 following restructuring.
 
* Record UK customer acquisition (up 108 percent year-on-year) since sportsbook launch
 
* Evidence of improved player acquisition efficiency (Q4 cost per acquisition down 20 percent)
 
* 74 percent year-on-year increase in games cross-sell since sportsbook launch
 
* UK customer base up 18 percent year-on-year in the last 6 months
 
* 75 percent of Q4 revenue generated in sustainable jurisdictions (Q4 FY12: 66 percent)
 
* Recent customer acquisition and retention performance indicates that improved product and marketing strategies are working
 
* Plans to re-invest c.GBP 10 million of the cost savings in further product and marketing investment
 
* Evidence that the exchange and sportsbook operations are complementary: 24 percent of football customers are already using both products
 
* Acquisition of Blue Square helps achieve scale
 
Betfair's recently appointed CEO, Breon Corcoran, says:
 
“We have achieved much in the five months since we set out our strategy in December.
 
“The business has gone through significant change. A new management team is in place and a wide ranging restructuring has been completed ahead of schedule, allowing us to increase our cost savings substantially. At the same time, the pace of product delivery has accelerated, including the development and launch of a new sportsbook within three months.
 
“The strategy is working. We have had early success and shown that the combination of the exchange and sportsbook can deliver a sustainable competitive advantage. In the last couple of months, our sportsbook-led acquisition focus has resulted in improved marketing efficiency and a two fold increase in the number of UK customer activations. We are confident this will enable us to accelerate revenue growth in our most important market and I believe we can grow in-line with the market in the medium term.
 
“While we are rightly focusing on regulated jurisdictions, primarily the UK and Ireland, I firmly believe there is a significant international opportunity. We have recently seen positive regulatory momentum in Italy, Spain and the USA. In addition, revenue from the countries where we have ceased marketing is proving relatively resilient due to the uniqueness of our exchange.
 
“We intend to use our strong balance sheet to pursue a strategy of targeted acquisitions to add further domestic scale, achieve geographical expansion and close product gaps.
 
“This is just the beginning, however. In a few short months we have made considerable progress and demonstrated the opportunity that Betfair has ahead of it. I firmly believe that Betfair’s unique technology, customer value proposition, UK scale and strong balance sheet mean it is well placed to compete in an industry facing substantial changes. I am delighted to be leading the business at this exciting time.”
 
Giving a trading update, Management advised that Group revenue was approximately GBP 387 million (FY12: GBP 388 million), ahead of its earlier guidance notes, driven by stronger than expected UK sportsbook revenues, particularly via the mobile channel, and revenue resilience in countries where the company has ceased marketing.
 
Group underlying EBITDA was also higher than guidance at approximately GBP 73 million (FY12: GBP 86 million), driven primarily by better revenue performance.
 
Management expects costs savings to total approximately GBP 30 million, with the full impact now expected to benefit the current financial year (ending 30 April 2014).
 
Extensive restructuring has resulted in the shedding of around 500 jobs, which is expected to reduce costs by approximately GBP 23 million. A further GBP 7 million should flow from reducing spend with suppliers, such as the consolidation of office space.
The company plans to spend less on public affairs and legal resources in some jurisdictions due to its new geographical focus.
 
Management provided a summary of its current strategic plan, advising:
 
* Focus on investment on regulated jurisdictions to increase sustainability of revenues and reduce the regulatory risk
 
* Investment in product and brand to enhance Betfair's competitive position and drive growth
 
* Introduction of greater accountability and becoming a leaner and more dynamic business
 
* Looking to accelerate growth through international opportunities and balance sheet flexibility.



Gambling News :

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

122 Punta Cana Poker Classic prize packages - Twenty seven down — 95 more to go. We’re guaranteeing 122 Punta Cana Poker Classic prize packages and 27 are already spoken for. This Sunday night we’ve got 7 more on the line:

Huge Caribbean Hold’Em hit at Bovada Casino - A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.

http://www.recentpoker.com