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Tag Archives: Paddy Power Betfair

New Zealand – OpenBet and Paddy Power Betfair to deliver fixed odds betting

The New Zealand Racing Board has approved the selection of OpenBet (OB, a NYX Gaming Group company) and Paddy Power Betfair (PPBF) to deliver the technology solution and supporting data for its Fixed Odds Betting (FOB) business. The investment will enhance NZRB’s current fixed odds betting business, to meet ever-increasing customer demand and enable NZRB…

US – Paddy Power Betfair buys into DFS

Paddy Power Betfair has entered the daily fantasy sports market buying US operator Draft for $19m with a further consideration of up to $29m to be paid over the next four years. Paddy Power Betfair said Draft’s current Co-Chief Executives Jeremy Levine and Jordan Fliegel would remain in charge. Breon Corcoran, Chief Executive of Power…

UK – Paddy Power Betfair up across all four divisions

Paddy Power Betfair reported revenue up 18 per cent to £759m for the six months ended 30 June 2016 with double-digit growth in all four divisions. Online revenue was up 20 per cent to £440m, with sportsbook stakes up 20 per cent. In Australia revenue was up 17 per cent to £129m, with sportsbook stakes…

UK – Paddy Power Betfair selects Worldpay as strategic payments partner

Paddy Power Betfair has chosen Worldpay, a global leader in payments, to provide payment processing services and gambling expertise for its online customers. Understanding the needs of the fast-paced sports betting industry, Worldpay will provide Paddy Power Betfair with payments insights, knowledge and expertise to help grow its business and improve processing efficiencies – as…