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.
Profits Drop 27 Percent at Betfair
Thursday June 27,2013 : UNDERLYING PROFITS SLIP 27 PERCENT AT BETFAIR
But CEO claims that broadening the scope of activity is bringing in more punters
Betfair investors will be less than pleased with the UK betting company's FY 2013 results published Thursday, which show underlying revenues flat at GBP 387 million; EBITDA down 39 percent and a 27 percent decline in profits.
The company rejected a GBP 1 billion takeover bid last month, with CEO Breon Corcoran saying that it was attracting more customers after broadening activities beyond its core betting exchange.
Private equity firm CVC Capital, the conglomerate behind the 950p a share acquisition attempt felt that the company should refocus on its core betting exchange activities, a difference of opinion with Corcoran.
Betfair shares closed at 830p a share Wednesday as cost-cutting measures at the company continued.
The company report for FY 2013 claimed that excellent progress had been made in the delivery of the Corcoran turnaround plan:
* Sustainable revenues up to 75 percent of total revenue, from 67 percent in Q4 FY12;
* Sportsbook successfully launched, helping to drive a 65 percent increase in UK customer acquisition;
* Introduction of exchange-based features (e.g. Cash Out) to the Sportsbook providing a differentiated product;
* Increased cost savings of c.GBP 30 million to be realised in FY14; and
* New management team in place and cultural change underway.
Financial highlights included:
* Revenue and EBITDA ahead of previous guidance;
* Revenue of GBP 387 million (FY12: GBP 388.5 million): Sustainable revenue up 6 percent;
* Other revenue down 15 percent due to market exits;
* Total underlying EBITDA of GBP 73.3 million (FY12: GBP 86 million)
* Betfair US achieved positive underlying EBITDA for first time;
* Strong underlying free cash flow generation of GBP 50.2 million (FY12: GBP 43.8 million); and
* Final dividend of 9.0 pence proposed; full year dividend up 27 percent to 13 pence.
Chief executive officer Breon Corcoran, reported:
“This is a solid set of results in what has been a year of transition for Betfair. Revenues lost as a result of changing regulation have been largely replaced with regulated, more sustainable revenues.
“Following the outline of our new strategic plan at our half year results in December, the business has undergone significant change and much progress has been made in a short time. A new management team is leading the business, a wide ranging restructuring has been completed ahead of schedule, marketing investment has been focused on core markets and we have successfully launched a Sportsbook.
“While the Exchange continues to be at the heart of our business, the Sportsbook means we can now present new customers with a simpler, more familiar product and offer a wider range of promotional activity than is possible on the Exchange alone. This is helping Betfair to attract more new customers than ever before.
“Although it remains early days for many of these initiatives, we remain pleased with the operational trends we are seeing, which give us confidence that the steps we are taking will deliver a higher quality, sustainable and growing business.
“We have made excellent progress on all of our key strategic aims and the business is in a far stronger position to generate future growth than it was at the start of the year.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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.