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.
Betfair Mobile shows stellar growth
Tuesday December 3,2013 : BETFAIR BULLISH ON PROGRESS AND THE FUTURE
Mobile shows stellar growth
Online gambling firm Betfair reported on its H1/2014 interim results for the six months ending October 31, 2013 saying progress has continued to be made against its strategic objectives with the company delivering a good first half performance.
Betfair reported a 25 percent increase in sportsbook-led active customers in its UK and Ireland markets while its Exchange / Sportsbook combination is showing signs of early success with 38 percent of sports betting customers using both products during the period and 32 percent of new UK and Ireland Exchange customers initially having joined via the Sportsbook.
Mobile revenues were up 70 percent in H1/2014 and now account for more than half of its Sportsbook revenues.
Other key performance indicators include:
- Underlying EBITDA up 16 percent to GBP 48.9 million and underlying EBITDA margin up 5ppts to 26 percent
- Underlying free cash flow up 52 percent to GBP 23.5 million
- Interim Dividend up 50 percent to 6.0 pence per share
- Expecting full year underlying EBITDA of between GBP 82 million and GBP 87 million in FY14, including combined start-up losses of between GBP 5 million and GBP 10 million in Italy and New Jersey.
- Sustainable revenues up 11 percent in Q2 and now represent 77 percent (H1/FY13: 71 percent) of total revenues
- Overall revenue declined 6 percent in H1, reflecting the recently lapped FY13 market exits
The company expects to rollout its automated integration of Exchange and Sportsbook in Q4 as well as continued investment in international opportunities.
Breon Corcoran, Betfair’s Chief Executive Officer, commenting on the results said: "Following cost reductions in the past twelve months we now operate as a leaner and fitter business, which means we can reinvest to generate revenue growth. Our sales and marketing budget is over GBP 100 million this year. This enables a top tier presence on Sky Sports, major investment in our online marketing capability and an exciting new partnership with Channel 4 Racing for 2014.
"We are also investing in international opportunities. Our online casino launched in New Jersey on 21st November and, while regulatory processes are always uncertain, we have made good progress towards launching an Exchange in Italy."
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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.