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Britan: The Racing Post to Offer Online Gambling
The Racing Post, Britain's largest racing newspaper is about to enter the online casino and poker sector of the industry with an offering developed in collaboration with 888.com. The horse racing newspaper will use its own brand to offer casino and poker deals to its massive readership, with 888 providing the software and customer support.
The agreement marks another success in 888.com's B2B strategy, which has seen the Gibraltar-based company sign up 14 new B2B customers during 2008 alone. The Racing Post agreement brings to four the number of B2B partnerships achieved by 888 thus far in 2009.
Gigi Levy, 888’s CEO, said: “Our latest deal with the Racing Post announced today, demonstrates that we enter 2009 with an innovative, fast-growing B2B operation which is now already one of the leading providers in the sector.”
Mark Renshaw, head of commercial online at the Racing Post, said: “This partnership is a crucial part of our overall online strategy, giving customers the best content available while growing revenue.”
The Racing Post Internet gambling offering should be launched in the next few months.
888.com had more good news for investors this week, reporting that its 2008 net profit rose 8.6 percent to $37.2 million, or 10.7 cents a share, from $34.2 million, or 9.9 cents a share, a year earlier.
Revenue for the year rose 20 percent to $256.9 million, with online casino business revenues up 14 percent to GBP135 million, while poker revenue grew more modestly by 4 percent to GBP77 million.
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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.
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