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

 
High Noon Casino no deposit bonus

PaddyPower-betfair Q1-2016

REVENUE AND PROFITS RISE AT PADDY POWER-BETFAIR
 
Merged companies report a successful first quarter in 2016.
 
In a trading update for Q1-2016 Wednesday Paddy Power-Betfair showcased a solid performance with both revenues and profit rising significantly.
 
The company noted that following the merger of its constituent parts in February this year, it is presenting its update on a "proforma" basis as if the two companies had been merged for the full quarter.
 
The comparative period is the three months ended 31 March 2015 ("Q1 2015"). All results are on an underlying basis and exclude exceptional items and amortisation of intangible assets relating to the merger.
 
Highlights of the update included:
 
* Revenue up 16 percent to GBP 339 million, with good performances across all divisions;
 
* Online revenue up 17 percent to GBP 195 million, with sportsbook stakes up 23 percent;
 
* Australia revenue up 25 percent to GBP 58 million, with sportsbook stakes up 31 percent;
 
* US revenue up 22 percent to GBP 20 million;
 
* Retail revenue up 5 percent to GBP 67 million, with sportsbook stakes up 9 percent.
 
* EBITDA up 27 percent to GBP 59 million;
 
* Operating profit up 36 percent to GBP 43 million;
 
* Sales and marketing spend increased by GBP 13 million or 22 percent, and new taxes and product fees increased costs by GBP 3 million, primarily relating to point of consumption tax in Ireland and increased machine gaming duty in the UK.
 
* As at 31 March 2016, the group had net debt of GBP 54 million, excluding customer balances.
 
* Management is confident that its target of delivering synergy cost savings of GBP 50 million per annum as a result of the merger will be achieved.
 
Group chief executive Breon Corcoran reported:

"All four of our brands − Paddy Power, Betfair, Sportsbet and TVG − continue to trade well in a highly competitive environment. This good start to the financial year is a credit to our colleagues, particularly at a time when we are bringing together two businesses. Our marketing, technology and operations performed well throughout the key spring racing period and we are now focused on preparations for Euro 2016.
 
"The post-merger integration is on-track. A strong leadership team is in place and restructuring of the business has commenced. We are working to bring the best of each business to the combined Group and customers are starting to see some early benefits as we roll out product features across the brands."
 
Drilling down into the detail, Sportsbook stakes increased by 21 percent to GBP 2.3 billion but revenues were impacted by adverse sports results, most notably this year at the Cheltenham Festival where, across the group, customers' net winnings totalled over GBP 20 million. Revenue from regulated markets represented 95 percent of total revenues in the period.
 
Sports revenue increased by 17 percent to GBP 135 million, driven by a 23 percent increase in sportsbook stakes and 5 percent growth in Exchange & B2B revenues.
 
Mobile continues to be the key driver of sportsbook growth and now represents 76 percent of revenues.
 
Online revenue increased by 17 percent to GBP 195 million, with revenue from regulated markets up 21 percent and unregulated revenues down by 14 percent, mostly due to the impact of the company exiting the Portuguese market.
 
Sports revenue increased by 17 percent to GBP 135 million, driven by a 23 percent increase in sportsbook stakes and 5 percent growth in Exchange & B2B revenues.
 
Mobile continues to be the key driver of sportsbook growth and now represents 76 percent of revenues.

Gaming revenue was up 17 percent to GBP 60 million driven by increased cross selling from sports and a strong performance in mobile revenues, which grew by 43 percent to contribute 56 percent of total gaming revenues.
 
In Australia, Sportsbet continued to grow strongly, with stakes up 31 percent to GBP 577 million, driven by 42 percent growth in active customers. Revenue, up 25 percent to GBP 58 million, was somewhat impacted by adverse sports results in the quarter. Telephone wagering continued to grow strongly.
 
In the United States, Betfair US revenue was up 22 percent to GBP 20 million with 19 percent growth at TVG supplemented by continued growth in the online casino in New Jersey. Betfair US has been awarded a licence to operate an exchange wagering platform for horseracing in New Jersey and will launch the product on 10 May. 
 
Retail revenue increased by 5 percent to GBP 67 million, with 3 percent sportsbook growth and 8 percent machine gaming growth, but  like-for-like revenue decreased by 1 percent due to adverse sports results, which offset sportsbook stakes growth of 2 percent and machine gaming growth of 3 percent. The total group betting shop count is currently 601.
 
Paddy Power's games development facility Cayetano has made a number of proprietary games and other products available to Betfair for retail, website and app use.

Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.



Gambling News :

Pokerstars Now Lead Sponsor of Global Poker League - Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.

Betconstruch invests in Ucrafts - BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.

Plus500 Founders Selling Off Shares - Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.

Rush Golf Live Launches - Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.

British Basketball League in Deal With Perform - The British Basketball League has agreed a six-year deal with Perform, a digital sports content and media group, for the distribution and sale of all global media-related rights.

Ashley Sandyford Sykes Sharing Slot Expertise - Sandyford-Sykes has experience in the development of over a hundred popular online slot titles and led the Quickfire development team at Microgaming.

2016 WPT National Marrakech High Roller Results - Spanish poker pro Nabil Cordoso boosted his career earnings by a useful $66,873 this week when he was awarded the first prize in the PMU.fr WPT National Marrakech High Roller event in Marrakech.

GreenTube and Chopsticks In Partnership - Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.

DraftKings Investigating Collusion Complaint - The stigma of cheating has surfaced again in the daily fantasy sports sector following allegations that two players colluded in a million dollar contest at DraftKings.

Singapore Gambling Exemptions Granted - The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.

  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