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Paul Edgecliffe-Johnson to become Flutter CFO; Jonathan Hill to move to COO

Listen To Article The operator also announced that current CFO and Group Head of Strategy at InterContinental Hotels (IGH) Group, Paul Edgecliffe-Johnson, will join as CFO and Executive Director in the first half of the next year. Edgecliffe-Johnson has 25 years of experience in finance and international businesses, and has served as CFO and Group

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Kindred reports 7% Q3 revenue drop despite “flying start” in Netherlands

Listen To Article In total, the group produced £278m ($322.3m) in revenue for Q3, an over £20m drop from the same period in 2021. This was driven by a 9% decrease in B2C or gross winnings revenue, which fell to £272m from £298m. However, excluding the Netherlands, B2C revenue experienced an 8% increase, said Kindred.

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Real Luck Group rebuffs “opportunistic” proposals from Adam Arviv

Listen To Article The company has questioned whether the founder and CEO of Kaos Capital was “acting in good faith” when he presented the proposals. Arviv initially suggested a merger with Real Luck Group, valuing it at $0.09 per share, but he then appeared to change his mind and proposed a “wind down of the

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Entain-funded Epic Risk Management programme to educate NCAA student-athletes

Listen To Article Part-funded by the Entain Foundation, Epic Risk Management hopes to improve awareness of gambling risks and potential harms as sports betting continues to be legalised in over 30 states.   As well as student-athletes, the programme will extend to coaches, game officials, healthcare personnel and support personnel.  Epic Risk Management says it

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SCCG signs investment partnership with Bettor Fantasy

Listen To Article SCCG Founder and CEO Stephen Crystal announced the company will provide capital investment, business development and strategic advisory services to the fantasy sports betting platform.  Crystal said: “Bettor Fantasy brings a unique platform to the table, providing fantasy sports lovers the chance to bet on their fantasy matchups.   “At SCCG, we focus

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Asia round-up: Macau’s quarter of calamity & anti-gambling Australia

Melco Resorts & Entertainment has posted a 46% drop in total revenue for Q3 2022, generating $241.8m in the three months ending September 2022.  This is a major decline on the $446.4m for the same period in 2021.  Melco’s Q3 report revealed more bad news: its adjusted EBITDA was negative $34.9m compared to $31.9m in

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Hall of Fame Resort & Entertainment gets sports betting licence approval in Ohio

Listen To Article The resort, entertainment and media company says this is the next step to securing live sports betting in the state.  The company’s Hall of Fame Village BetRivers Sportsbook location will become the only land-based sportsbook in Stark County, Ohio, once Hall of Fame is issued a licence.   Furthermore, the company says

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