Featured Story

U.K. Football Gambling Worth $1.4B In Year To September, Industry Figures Show

Published in SportsBusiness Daily Global on 05 / 26 / 17

U.K. gambling on football was worth a record £1.4B to bookmakers in a year, the most recent industry figures show, according to the BBC. Bookmakers also made record profits of £333.4M from football bets, according to Gambling Commission data for Oct. '15 to Sept. '16. Football'...

Read More

Tags: Finance, United Kingdom

More Stories

02/16/17
Finance Notes

French national gambling operator FDJ announced the Champions League match between Paris St. Germain and Barcelona “generated more than” €4M ($4.2M) in bets. FDJ also announced “despite the difficult to predict final result” (4-0 PSG), 235 gamblers “managed t ...

Tags: Finance

02/15/17
CMC Invests In Formula E Holdings

CMC Capital Partners, founded by Chinese media mogul Li Ruigang, announced an investment in Formula E Holdings, the official promoter of Formula E, according to Peggy Sito of the SOUTH CHINA MORNING POST. The investment valued in the "tens of millions of euros" is led by CMC Capital, according to a ...

Tags: Finance, Asia

02/15/17
Wallaroos Begin WC Funding Drive

The Wallaroos, Australia's national women's rugby team, "will not be paid" to represent the country at the Women's Rugby World Cup in August, "but things are looking bright, with a fundraising campaign and another jersey sponsor set to give the team every chance of success," according to Tom Decent ...

Tags: Australia, Finance

02/14/17
Irish Fans Spend $23.6M At Cheltenham

Horse racing fans from Ireland spent €22.3M ($23.6M) at the Cheltenham Festival in '16 "spread across travel, accommodation, tickets and entertainment," according to RTÉ. According to an Economic Impact Analysis carried out by the University of Gloucestershire on behalf of Cheltenham Rac ...

Tags: Europe, Finance

02/14/17
NRL Approaching A$150M Mark

The National Rugby League is "on the verge of surging past" the A$150M ($114.7M) mark in non-broadcast revenue for the first time in the code’s history -- "good, but nowhere near as good" as NRL CEO Todd Greenberg wants it to be, according to Brent Read of THE AUSTRALIAN. The bottom line ...

Tags: Finance, Australia

02/13/17
OCI Reveals Costs Of Ticketing Controversy

The "fall out from the arrest" of former Olympic Council of Ireland President Pat Hickey has cost the OCI €628,000 ($667,300) to date, the "embattled" organization's extraordinary general meeting heard, according to Shane Phelan of the IRISH INDEPENDENT. The meeting, at Dublin's Conrad Hotel, a ...

Tags: Finance, Europe

02/13/17
McLaren Investing £50M For Facility

McLaren Automotive launched a partnership with the University of Sheffield's Advanced Manufacturing Research Centre in Rotherham, South Yorkshire according to Nick Hill of BDAILY. In a £50M ($62.4M) investment, the launch of a purpose-built production facility located next to the AMRC is ...

Tags: Finance, United Kingdom

02/10/17
ManU's Broadcast Revenue Up In Q2

ManU "notched up rising broadcast revenues in its second quarter, helping reverse a dip in its financial fortunes" at the start of the new Premier League season, according to Mehreen Khan of the FINANCIAL TIMES. Reporting results from the three months to December, the team said that its operati ...

Tags: Finance, United Kingdom

02/10/17
Puma Kicks Off 2017 With Upbeat Outlook

Retro sneakers and "endorsements by stars" like Usain Bolt and Rihanna helped Puma "deliver strong sales growth in the fourth quarter and make a confident forecast" for '17 on Thursday, according to Emma Thomasson of REUTERS. Puma CEO Bjorn Gulden "has led a gradual turnaround of a brand that h ...

Tags: Finance, Europe

02/10/17
Finance Notes

Middlesex County Cricket Club is "set to hold talks" with the England & Wales Cricket Board to discuss its "serious concerns" that the new domestic T20 competition could deprive the club of "hundreds of thousands of pounds " because it does not own its ground. As part of the tournament plan ...

Tags: Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug