Connect with us

Latest News

FSB powers Fitzdares with digital upgrade

Published

on

FSB-powers-Fitzdares-with-digital-upgrade FSB powers Fitzdares with digital upgradeReading Time: 2 minutes

 

Award-winning platform provider launches private bookmaker into digital realm

Award-winning platform provider FSB has announced its recent roll-out of a digital sportsbook and online casino for Fitzdares, which has once again been nominated for Racing Bookmaker of the Year.

FSB has integrated its flexible sports-betting solutions across the Fitzdares service, which now also features a highly-customisable new app, elevating the user experience for all clients.

This leap into the digital sphere has allowed Fitzdares to create two tiers of membership. While the private bookmaker still retains its traditional Private Office service for high-staking members, it’s also introducing another path to membership for new customers who are seeking a superior level of service than typical high street operators are able to accommodate.

Running off FSB’s unique pricing models, Fitzdares customers can now enjoy sophisticated and reactive in-play odds, with competitive pricing on all sports arriving in perfect time for the new year’s packed sporting calendar.

Fitzdares CEO Will Woodhams said: “FSB’s state-of-the-art sportsbook platform aligns perfectly with our dedication to major sports and traditional betting markets. Above all, we believe in creating a fantastic experience for our members, who expect nothing less than the highest level of service from us. Just weeks after launch, thanks to a range of extra little benefits, the increased activity we’re witnessing is hugely encouraging.

“This flexible sportsbook platform and perfectly-crafted app allow us to focus entirely on our members’ needs in a way that no other bookmaker can. As well as our highly skilled team who cater to the Private Office members via telephone and text, the app now means we can share the Fitzdares experience with others, too. As the latest app in the industry, it’s fast-loading, intuitive and easy to use.”

Richard Thorp, Business Development Director at FSB, added: “We’re thrilled with this partnership, and delighted to see the app has already proven a hit with their clients. FSB’s tailored approach sets us apart with a very modular, flexible swathe of solutions that are easy to partition and light to deploy.

“We look forward to evolving our managed solution with Fitzdares over the coming year, enabling them to refine their digital offering, without ever sacrificing the customer-first approach that has made them so successful.”

FSB is fresh from being crowned Sportsbook Supplier of the Year at the SBC Awards 2018.

About FSB
London-based FSB (www.fsbtech.com) has created the industry’s most scalable, flexible, and efficient sports betting and gaming platform. Utilised by operators on four continents, the modern technology is designed for the demands of live betting and a fragmented regulatory landscape, providing light physical deployments worldwide backed by centralised control systems. Available as a fully-managed service or an enterprise solution, the system allows partners to use FSB’s software platform to run their own business the way they want. The platform is integrated with the industry’s best casino games suppliers. FSB provides brands with everything needed to run a responsible sports betting and gaming business, complete with full reporting, social responsibility tools, bonusing tools, segmentation, payments and data analytics.

About Fitzdares

Fitzdares is a private bookmaker founded on core traditional beliefs, with a wealth of experience dating back to 1882. We prioritise all our clients’ needs when it comes to sport and experiences, from offering the best prices in the market to an unparalleled personal service. With a brand-new, state-of-the-art app, we now operate with two tiers of membership. While we have retained our exclusive Private Office for higher staking clients, we also cater to a wider audience who can now experience the Fitzdares standard through the app.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: FSB powers Fitzdares with digital upgrade

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

William Hill lowers profit forecast

Published

on

William-Hill-lowers-profit-forecast-2018 William Hill lowers profit forecastReading Time: 1 minute

 

William Hill is all geared for remodelling its retail business in 2019, after it lowered its full-year 2018 adjusted operating by about 15 per cent lower compared to the previous year.

The company had reduced its profit forecast in November due to increasingly stringent regulations, particularly on lucrative fixed-odds betting terminals (FOBTs), and warned of more losses in the United States.

It said its US business had broadly broken even in the year.

European gambling companies have been looking to expand across the Atlantic in light of regulatory curbs in Britain and as US states ease curbs on betting.

William Hill said 2018 adjusted operating profit from continuing operations would be 234 million pounds, slightly higher than company-supplied analyst estimates of 232.2 million pounds.

Profit was lower in its retail business due to tough high-street conditions and the offering would be remodelled in 2019 as Chief Executive Officer Philip Bowcock looks to make the firm a “digitally-led international business,” the company said.

The company had said in November that it would look at new products to offer alternatives to FOBTs.

“With rapid expansion underway in the U.S. … and the acquisition of Mr Green nearing completion, we look forward to making further progress this year,” Bowcock said in a statement.

William Hill has earmarked about 120–130 million pounds for 2019 to fund its US expansion.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: William Hill lowers profit forecast

Continue Reading

Latest News

FTSE4Good Index admits GVC Holdings

Published

on

FTSE4Good-Index-GVC-Holdings FTSE4Good Index admits GVC HoldingsReading Time: 2 minutes

 

GVC Holdings, the multinational sports-betting and gaming group based in Isle of Man, has been admitted to the FTSE4Good Index Series following the FTSE4Good’s annual review in December 2018.

The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.

GVC was admitted to the index after an independent scrutiny of its practices and public documents against a series of criteria including:

  • Governance (including risk management, corporate governance and anti-corruption)
  • Social practices (including human rights, labour standards and health & safety)
  • Environmental commitments (including energy usage and waste management)

Kenneth Alexander, GVC CEO commented:

“We are proud to join FTSE4Good and be recognised as a leader in corporate social responsibility, which is at the core everything we do as a business. Acting responsibly and maintaining strong governance is not a luxury but fundamental to our long-term success and a key driver of shareholder value.”

 

About GVC:
GVC Holdings PLC is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. GVC acquired Ladbrokes Coral Group plc on 28 March 2018 and is now the UK’s largest high street bookmaker, with over 3,500 betting shops. The Group, incorporated in the Isle of Man, is a constituent of the FTSE 100 index and has licences in more than 20 countries, across five continents.

For more information see the Group’s website: www.gvc-plc.com

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: FTSE4Good Index admits GVC Holdings

Continue Reading

Latest News

Macau’s casino companies receive rating upgrade

Published

on

Macau’s-casinos-receive-rating-upgrade Macau’s casino companies receive rating upgradeReading Time: 1 minute

 

Brokerage Sanford C Bernstein has upgraded the ratings of Macau casinos Galaxy Entertainment Group and Sands China. This was done after a re-evaluation of the companies and also considering the capacity expansion in 2020.

According to Bernstein analysts, Vitaly Umansky, Eunice Lee and Kelsey Zhu, even as GGR is expected to decrease from 14 per cent (2018) to 3 per cent this year, there is a positive future for Galaxy and Sands in 2019. They clarified: “On a longer-term fundamental view, Galaxy now looks relatively inexpensive, especially factoring in Phase 3 and 4 developments of Galaxy Macau.” 

They added: “Galaxy continues to improve its Mass operations at Galaxy Macau and StarWorld while maintaining a leadership position in VIP. While the VIP segment is most at risk of considerable slowdown over the next 6 to 12 months, over the medium term, the key value driver is operating leverage improvement and improving business mix which will enhance margins.”

Furthermore, they explained that Galaxy “stands to have outsized growth over the long run” as it completes Galaxy Macau Phases 3 and 4.

“We continue to look favorably upon Sands China’s management team, product positioning and strategy focused on Mass market, a strong balance sheet and hefty dividends,” Bernstein analysts said about Sands China and added: “Redevelopment of Sands Cotai Central and upgrades at the Parisian will help boost its high margin Premium Mass business. The long-term (beginning in 2020) growth story from hotel suite capacity expansion and the Londoner redevelopment is evident. Sands China’s valuation look attractive for a stock that consistently trades at a premium to Macau gaming stocks and is now trading well below its historical average.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Macau’s casino companies receive rating upgrade

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.