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Cheltenham festival a winner for Flutter with €275m in bets placed


 
Horse-racing fans bet €275 million with Paddy Power owner Flutter Entertainment’s businesses during last month’s Cheltenham festival, the group said on Thursday.
The Irish gambling giant reported that revenues grew 32 per cent to £1.485 million sterling (€1.7 billion) in the first three months of the year.
Jonathan Hill, chief financial officer, said punters had bet £240 million (€275 million) with its companies Paddy Power, Betfair and Fox Bet during the Cheltenham national hunt festival last month.
Paddy Power’s betting app was the most downloaded during the event, Flutter said. Mr Hill joked that this made it a “truly Irish festival”, drawing on the fact that 23 of the 28 winners over meeting’s four days were trained in Ireland. ....

United Kingdom , United States , Paddy Power , Jonathan Hill , Stars Group , Flutter Entertainment , Flutter Stars Group , Ir King , Paddy Power , Peter Jackson , Kentucky Supreme Court , New York Stock Exchange , The Us Supreme Court , Flutter Stars Group , Isle Of Man , United States , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , நெல் பவர் , ஜொனாதன் மலை , நட்சத்திரங்கள் குழு , படபடப்பு பொழுதுபோக்கு , படபடப்பு நட்சத்திரங்கள் குழு ,

Rupert Murdoch-backed FanDuel mulls New York listing


Rupert Murdoch-backed FanDuel mulls New York listing
Flutter could float part of FanDuel in New York as investors grow impatient over its disappointing stock market performance
15 March 2021 • 10:41am
Flutter Entertainment may float a “small shareholding” in the American fantasy sports and online betting firm after spending $4.5bn (£3.2bn) last December increasing its stake from 57.8pc to 95pc.
The Paddy Power and Betfair owner revealed the intent in response to a CNBC report that investors were agitating for a spin-off of the American business because Flutter’s share prices trails its rival DraftKings. 
Such a move comes as UK gambling firms capitalise on the boom in sports betting in America following the liberalisation of the industry across the states.  ....

New York , United States , United Kingdom , Peter Jackson , Rupert Murdoch , Stars Group , Flutter Stars Group , Paddy Power Betfair , Fox Sports , Fox Bet , Toronto Listed Stars , Sky Bet , Media And Telecoms Industry , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பீட்டர் ஜாக்சன் , ரூபர்ட் முர்டோக் , நட்சத்திரங்கள் குழு , படபடப்பு நட்சத்திரங்கள் குழு , நரி விளையாட்டு , நரி பந்தயம் , டொராண்டோ பட்டியலிடப்பட்டுள்ளது நட்சத்திரங்கள் , வானம் பந்தயம் , மீடியா மற்றும் தொலைத்தொடர்புகள் தொழில் ,

What casino trends can we look forward to in 2021?


The casino world went through some rather large changes in 2020 – how have the first few weeks of 2021 panned out? And what can we safely predict about the rest of the year ahead? Let’s take a look at 3 scenarios which have a high chance of panning out in 2021.
More and more countries will go down the licencing route
The past year has seen several major jurisdictions insist on online casinos registering for a licence if they wish to sell to local residents. Apart from a dozen states of the US, local licencing requirements now exist in Germany, Sweden, Spain, Italy and Czechia. The Netherlands and Canada look set to follow suit in 2021, meaning that online casinos need to follow regulations and pay tax in more and more countries of the world. On one hand, the casinos benefit from possessing a local licence – as this allows them to advertise on social networks, TV, and on paid search. On the other hand, some of the required regulations are extremely onerous. For exampl ....

United Kingdom , Czech Republic , William Hill , Flutter Stars Group , Evolution Gaming , Stars Group , ஒன்றுபட்டது கிஂக்டம் , செக் குடியரசு , வில்லியம் மலை , படபடப்பு நட்சத்திரங்கள் குழு , பரிணாமம் கேமிங் , நட்சத்திரங்கள் குழு ,

Flutter to challenge $870m US court ruling over online poker games


Flutter to challenge $870m US court ruling over online poker games
Paddy Power owner indicates it is likely to appeal ruling by court in Kentucky
Thu, Dec 17, 2020, 21:09
 
Paddy Power owner Flutter Entertainment is likely to appeal an $870 million (€710 million) ruling against it by a US court that took the Irish group by surprise on Thursday.
In 2018, part of the Stars Group, which merged with Flutter earlier this year, successfully challenged a $290 million ruling against that business by a Kentucky court, stemming from online poker games that it hosted between 2006 and 2011.
However, the Kentucky supreme court on Thursday reinstated the original 2015 ruling against the Stars Group, which is now part of Flutter, upping the damages to $870 million plus 12 per cent compound interest per year. ....

Commonwealth Of Kentucky , United States , Stars Group , Flutter Entertainment , Flutter Stars Group , காமன்வெல்த் ஆஃப் கெந்‌டகீ , ஒன்றுபட்டது மாநிலங்களில் , நட்சத்திரங்கள் குழு , படபடப்பு பொழுதுபோக்கு , படபடப்பு நட்சத்திரங்கள் குழு ,