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Betfair
Betfair is a British Gambling, gambling company which operates the world's largest online betting exchange. Its product offering also includes sports betting, online casino, online poker, and online bingo. Founded in 2000, the business is split into two divisions, United Kingdom, UK and International. UK operations are conducted from its headquarters in Hammersmith in Greater London, while its International business operates from its overseas hubs in Malta and Ceuta, Spain. In February 2016, Betfair merged with Paddy Power to create Flutter Entertainment. History The company was founded in June 2000, by Andrew Black (gambling entrepreneur), Andrew Black and Edward Wray. Softbank purchased 23% of Betfair in early April 2006, valuing the company at GBP, £1.5 billion. In December 2006, Betfair completed the purchase of the horseracing publishing company Timeform (which traded under the name Portway Press Ltd). Betfair was the first betting company to sponsor an English football ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flutter Entertainment
Flutter Entertainment plc (formerly Paddy Power Betfair plc) is an Irish gambling holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. It operates under various brands including Adjarabet, BetEasy, Betfair, FanDuel, Fox Bet, Full Tilt Poker, Paddy Power, PokerStars, Sky Bet, Sportsbet.com.au, Timeform and TVG Network. History Paddy Power and British rival Betfair agreed terms for a merger on 8 September 2015. The business is owned 52% by the former Paddy Power shareholders and 48% by the former Betfair shareholders. The merger was completed on 2 February 2016. On 5 April 2016, it was announced that 650 jobs in the United Kingdom and the Republic of Ireland would be lost at the company. On 18 October 2016, the company paid out $1.1M to those who bet on Hillary Clinton in the presidential election in the United States, citing a certain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paddy Power
Paddy Power is an Irish gambling company founded in 1988. Its product offering includes sports betting, online casino, online poker, and online bingo. The business is split into two divisions, UK Ireland (UKI) and International. UKI operations are conducted from its headquarters in Dublin, while its international business operates from its overseas hub in Malta. In February 2016, Paddy Power merged with Betfair to create Flutter Entertainment. History Paddy Power was founded in 1988 by a merger of the forty shops of three Irish bookmakers: Stewart Kenny, David Power, and John Corcoran. Stewart Kenny and Vincent O'Reilly had sold Kenny O'Reilly Bookmakers to Coral in 1986, and then opened ten shops of their own by 1988; Kenny was group CEO from 1988 to 2002, and chairman from 2002 to 2003. John Corcoran's shops had traded as Patrick Corcoran. David Power was a son of Richard Power and one of several inheritors trading under the Richard Power name. The Power name was conside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Black (gambling Entrepreneur)
Andrew Black (born 13 May 1963) is a British entrepreneur who, together with Edward Wray, a gambling entrepreneur, founded Betfair, the world's first and largest bet exchange. He is now a noted angel investor in technology businesses in the UK and further afield, and is a keen race horse owner and professional bridge player. He has won many awards, most notably Ernst & Young emerging entrepreneur of the year in 2002 (shared with Wray). Early life Black was born on 13 May 1963, the son of a property developer and grandson of Tory MP for Wimbledon Sir Cyril Black, who campaigned, among other things, against gambling. He attended King's College School in Wimbledon where he excelled at maths (according to a moneyweek profile in 2009, not citable due to an entry in Wikipedia's blacklist) and then attended the University of Exeter but was asked to leave during his second year, saying later that he had spent most of his time at the bookies rather than attending lectures. Career Black ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Betting Exchange
A betting exchange is a marketplace for customers to bet on the outcome of discrete events. Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences. Gamblers can buy (also known as "back") and sell (also known as "lay") the outcome, and they can trade in real-time throughout the event, either to cut their losses or lock in profit. Bookmaker operators generate revenue by offering less efficient odds. Betting exchanges normally generate revenue by charging a small commission on winning bets. History The first betting exchanges were Matchbook, flutter.com and Betfair. Flutter and Betfair merged in 2001 with Betfair chosen as the primary betting exchange. The flutter.com site ceased operations in January 2002. Since then Betfair has maintained a leading position in the betting exchange market. BETDAQ (which also traded as the 'Ladbrokes Exchange') is believed to be the second largest betting exchange and it had an estimated 7% share of the bettin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Betting Exchange
A betting exchange is a marketplace for customers to bet on the outcome of discrete events. Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences. Gamblers can buy (also known as "back") and sell (also known as "lay") the outcome, and they can trade in real-time throughout the event, either to cut their losses or lock in profit. Bookmaker operators generate revenue by offering less efficient odds. Betting exchanges normally generate revenue by charging a small commission on winning bets. History The first betting exchanges were Matchbook, flutter.com and Betfair. Flutter and Betfair merged in 2001 with Betfair chosen as the primary betting exchange. The flutter.com site ceased operations in January 2002. Since then Betfair has maintained a leading position in the betting exchange market. BETDAQ (which also traded as the 'Ladbrokes Exchange') is believed to be the second largest betting exchange and it had an estimated 7% share of the bettin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TVG Network
FanDuel TV is an American sports-oriented digital cable and satellite television network owned by FanDuel Group, the U.S. subsidiary of Irish bookmaker Flutter Entertainment. Formerly known as TVG and specializing in coverage of live horse racing, the network was rebranded as FanDuel TV in September 2022. Post-rebrand, the intent is to focus on mainstream sports and sports betting while retaining the TVG name for online horse wagering. History TVG (1999–2022) FanDuel TV was launched on July 14, 1999 as TVG (short for Television Games Network), and was founded as a joint-venture of TV Guide Inc. (which at the time was owned by both Liberty Media and News Corp.), National Thoroughbred Racing Association, and AT&T Broadband. In May 2006, TVG introduced several new programs to its schedule including ''Morning Line'', ''Fandicapping'', '':58 Flat'', ''Lady Luck'' (an all-female panel discussion program focusing on the day's races) and ''Drive Time'' (which covered exclusiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Timeform
Timeform is a sports data and content provider located in Halifax, West Yorkshire, England. Founded in 1948, it provides systematic information on form to punters and others involved in the horse racing industry. The company was purchased by the sports betting exchange Betfair in December 2006. Since 2 February 2016, it has been owned by Flutter Entertainment. History Portway Press Ltd was formed in 1948 by Phil Bull, who wanted to establish a mathematical link to a horse's performance, based on the time the horse recorded. At a time when such data was virtually unheard of, Bull started publishing a racing annual, which evolved into the "Racehorses Of.." series. The company was purchased for a reputed £15 million by the sports betting exchange Betfair in December 2006. Data system According to Timeform, one of its ratings represents "the merit of the horse expressed in pounds and is arrived at by careful examination of its running against other horses using a scale of weigh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Jackson (businessman)
Jeremy Peter Jackson (born October 1975) is a British businessman, the chief executive officer (CEO) of Flutter Entertainment since January 2018. Early life Jeremy Peter Jackson was born in October 1975 in Yorkshire, England. He has a bachelor's degree in manufacturing engineering from Pembroke College, Cambridge University. Career Jackson has worked at Lloyds Bank, Halifax Bank of Scotland and McKinsey & Company, and was CEO of Travelex from 2010 to 2015. On 26 January 2016, Banco Santander appointed Jackson as their new head of the Group´s Innovation area, he replaces José María Fuster who, after more than 30 years service with the Santander Group, will continue as an external advisor. On 1 March 2017, Jackson joined Worldpay UK as CEO of its UK operations, replacing Dave Hobday who left Worldpay in December to head up the RAC. In August 2017, it was announced that Jackson would succeed Breon Corcoran as CEO of Paddy Power Betfair in January 2018. In July 2017, it was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Softbank
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. Fund investors include sovereign wealth funds from countries in the Middle East. The company is known for the leadership of its controversial founder and largest shareholder Masayoshi Son. It operates in broadband, fixed-line telecommunications, e-commerce, information technology, finance, media and marketing, and other areas. SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021. SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world and the second-largest publi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gary McGann
Gary McGann (born August 1950) is an Irish accountant, the chairman of Flutter Entertainment, and former CEO of Smurfit Kappa and Aer Lingus. Education McGann earned a bachelor's degree from University College Dublin and also an MSc in management science from Trinity College Dublin. Career McGann was CEO of Smurfit Kappa from November 2002 to August 2015, when he retired from executive roles. McGann was a non-executive director and member of the audit committee, of failed Irish bank, Anglo Irish Bank Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Iri ... from 2004 to its nationalisation in 2009. In 2019, McGann lost a tax appeal against tax treatment on two payments totalling €2.3 million from when he was chief executive of Smurfit Kappa in 2011. The Tax Appeals Commission ru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Racing Association
The New York Racing Association, Inc. (NYRA) is the not-for-profit corporation that operates the three largest Thoroughbred horse racing tracks in the state of New York, United States: Aqueduct Racetrack in South Ozone Park, Queens; Belmont Park in Elmont; and Saratoga Race Course in Saratoga Springs. Racing at NYRA tracks is year-round, operating at Belmont Park from May to mid-July and from September through October; at Saratoga Race Course from mid-July through Labor Day; and at Aqueduct from November through April. The New York Racing Association is the successor to the Greater New York Association, a non-profit racing association created in 1955. NYRA is separate from the governing body that oversees racing in New York, the former New York State Racing and Wagering Board (now the New York State Gaming Commission). History In 1913, racing returned to New York after a hiatus due to the Hart–Agnew Law. Only four tracks had survived the hiatus. These were Aqueduct Racetrack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TV Guide (magazine)
''TV Guide'' is an American biweekly magazine that provides television program listings information as well as television-related news, celebrity interviews and gossip, film reviews, crossword puzzles, and, in some issues, horoscopes. The print magazine's operating company, TV Guide Magazine LLC, is owned by NTVB Media since 2015. The magazine was spun off from TV Guide in 2008 by then-owner Macrovision to OpenGate Capital for $1 and a $9.5 million loan. ''TV Guide Magazine'' has a license to use the TV Guide name and distinctive red and white logo in print publications, only; it is prohibited from using the branding or logo online. While the TV Guide trademark and other intellectual property is owned by Fandom, Inc.; the ''TV Guide'' name and editorial content from the magazine are licensed by RV for use on the magazine's promotional website and mobile app. History Prototype The prototype of what would become ''TV Guide'' magazine was developed by Lee Wagner (1910–1993), wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
