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BETFAIR MOBILE RECORDS BETS OF ONE BILLION POUNDS
Thursday June 30, 2011 : Huge spike in mobile bets and customers
Betting exchange Betfair has reported that over GBP 1 Billion worth of bets were placed via its mobile products in the last financial year.
The company recorded that 168 000 customers used their mobile to place a bet in the period, indicating a 122 percent increase.
A company spokesperson said 900 million bets were matched on the Betfair Exchange - on major events such as the Cheltenham Festival and the Football and Cricket World Cups - revenues from mobile products jumped 88 percent.
The company's mobile tech centre in San Francisco, has produced applications for both the iPhone and iPad – applications which are available in 12 languages, across 14 Apple App stores, and have been downloaded over 200,000 times.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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