Betfair Extends Partnership with Arsenal FC Gambling operator Betfair announced

Betfair Extends Partnership with Arsenal FC Gambling operator Betfair announced it has extended its existing partnership with English Premier League soccer team Arsenal FC until 2019. The gaming company would become an Official Betting Partner for the professional football club in the United Kingdom, Europe, and Central and South America under the expanded deal.

What’s more, Betfair could be secured with extra branding at fixtures that are to be played at the Emirates Stadium.

The gambling operator would be able to use first-team footballers to establish marketing and promotional activities as part of the partnership agreement. Betfair is offered the opportunity to reach Arsenal’s large group of followers through the club’s online channels and social media existence.

Commenting on the expanded relations of the soccer team and also the gambling company, Paddy Power Betfair advertising and Brand Director Paul Gambrill said they are really satisfied with the agreement’s expansion, adhering to a mutually beneficial season that is first the soccer club. Mr. Gambrill further noted that Arsenal are a definite great group and that they’re looking forward to being able to help make use of its officials and also to engage its group of followers throughout the next few seasons.

Vinai Venkatesham, Chief Commercial Officer of Arsenal, included there are delighted using the opportunity to continue their relationship with the gambling operator as both parties have enjoyed a successful partnership thus far. The official also noted they are anticipating using Betfair and together engage Arsenal’s supporters within the UK, Europe, plus the Americas.

Back February, Betfair finalized fellow gambling operator Paddy to its merger energy. The 2 businesses first announced consolidation plans summer that is last a revolution of mergers and purchases within the gambling sector. Headquartered in Dublin, the combined entity is valued at £6 billion. Following merger’s conclusion, Paddy energy Betfair is becoming among the planet’s biggest gambling operators.

Final month, the company posted its very first quarterly results as a combined entity. Income increased 16% to reach £339 million. Arises from regulated markets represented 95% of the figure that is overall for the quarter ended March 31, 2016. Group EBITDA increased 27% to £59 million. Operating revenue amounted to £43 million, up 36% year-on-year.

South Africa’s Sun International Creates Largest Latin American Casino Group

South casino that is african Sun Global has finalized the proposed merger of its Latin American operations with neighborhood gaming team ambitions SA. Using the deal being completed, officials for the blended entity said so it will now concentrate its attention on presenting operations within the newly opened Brazilian gambling market.

Ahead of the merger, Sun International’s portfolio in your community boasted a casino in Chile, Panama, and Colombia. As for fantasies, it operated six gambling venues in Chile and four in Peru. With the proposed consolidation now qualifying by South American regulators, it could be said that the merged entity is the gambling operator that is biggest in the spot.

The gambling group will now operate as much as thirteen casinos with a total of 300 gaming tables and 7,000 slots.

Sun International is definitely looking to combining its Latin US operations with another player that is major the region and expand its presence here. Graeme Stephens, CEO for the South African gambling operator, stated they are about to further increase in Latin America and that Brazil is their most desired destination.

The nation has authorized legislation that would permit the establishment of casinos therefore the introduction of gambling activities, including on line ones, within its edges. Right Here it is important to remember that Sun International may likely need to contend with some of the planet’s biggest gambling operators for a license and a market share in Brazil.

Mr. Stephens stated that as a result of this his company cannot vow that it would secure ‘the biggest, best, and most obvious casino sites’ across the nation but they would do their utmost to eventually establish operations there.

The official further noted that Mexico is another location that the combined entity would look to expanding in, although the country is on the radar that is long-term right.

Sun Overseas currently holds a 55% stake into the entity that is combined. When asked about his business’s plans for expansion, Mr Stephens pointed out that Southern Africa and Latin America would be the two areas that are priority for the gambling group and that they would now concentrate their attention on the operations there rather on looking for other expansion opportunities in other areas of the world.

The administrator also pointed out that Sun Global could potentially increase its stake in aspirations sooner or later in future as it holds pre-emptive legal rights more than a 20% share, that is presently handled with a equity firm that is private.

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