Sportingbet's Revenue Continues to Meet Estimates

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2007-12-28 博彩518 https://www.gowanbo.cc

http://www.bloomberg.com/apps/ne ... jXwAM0&refer=uk

Dec. 28 (Bloomberg) -- Sportingbet Plc, the Web bookmaker that owns Paradise Poker, said sales have continued to meet analysts' estimates since its first quarter ended in October.

The London-based company has maintained the quarter's ``strong performance,'' according to a statement released today.

Sportingbet, which was forced to exit the U.S. market last year by a crackdown on foreign gambling Web sites, has bought its Turkish marketing partner and taken over its Italian unit to fuel profitability. Excluding the U.S. unit sold in 2006 for $1, the amount wagered by gamblers gained 12 percent in the first quarter as European and Australian bettors made more wagers.

Sportingbet shares rose 0.25 penny, or 0.5 percent, to 51.5 pence in London. They have added 20 percent this year after losing almost nine-tenths of their value in 2006. The bookmaker held its annual meeting today.

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https://www.gowanbo.cc/blog/spor ... and-paradise-poker/

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Peter Dicks Reappointed Sportingbet Chairman

Tuesday, January 22, 2008 mgowanbo.cc

New financial director joins UK online gambling group, too.

Peter Dicks (65), the man who made the headlines in 2006 when he was arrested on a Louisiana state sealed warrant whilst visiting New York, is back with Sportingbet. The respected businessman, whose 2006 extradition to Louisiana was blocked by the governor's office in New York, was subsequently relieved of all future harassment by resigning from the Sportingbet board, whilst the company paid a $400 000 settlement to Louisiana authorities to make the warrant go away.

This week the experience and diplomacy of the veteran businessman, who was chairman from January 2000 through to his 2006 troubles, was again brought into the Sportingbet fold when Dick accepted the appointment of non-executive chairman with effect from 1 February.

Sportingbet has also appointed 41 year old James Wilkinson as Group Finance Director, again with effect from February 1st. Wilkinson brings extensive listed company and finance experience to Sportingbet, having previously been Group Finance Director of Johnson Service Group plc from 2004 - 2007. Prior to that he worked at Informa Group plc for ten years in a variety of roles culminating in the position of Group Finance Director from 1998 - 2004. James started his career at Touche Ross where he qualified as a Chartered Accountant in 1991.

Andrew McIver, CEO of Sportingbet, commented: "I am delighted to welcome both Peter and Jim to the Group. Subsequent to our complete exit from the US market following the passing of the Unlawful Internet Gaming Enforcement Act in October 2006 we embarked on a significant restructuring of the business. This is now largely finished and with these two appointments we complete the personnel changes we wished to make as part of that restructuring.

"The restructuring and other initiatives we have undertaken since October 2006 provide the Group with a solid foundation from which to deliver future growth. Current trading is encouraging and we are confident we are on track to meet full year expectations."

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Corporate Confidence

Wednesday, January 30, 2008 mgowanbo.cc

Sportingbet's CEO increases shareholding

Reuters news agency reports that the Chief Executive Officer of UK gambling group Sportingbet, Andrew McIver, has increased his shareholding in the company to a total of 1.2 million shares.

Midweek, the executive purchased a further 100 000 shares at 41p each, laying out GBP 41 000 of his personal funds to do so in a show of confidence in the company and its future.

Sportingbet recently welcomed ex-chairman Peter Dicks back to the boardroom table as non-executive chairman.

McIver joined Sportingbet in December 2001 as Group Finance Director.  In October 2006, in the wake of the UIGEA and with the group reversing out of the US market, he replaced retiring CEO Nigel Payne to become Group Chief Executive for the Sportingbet Group.

Aged 46, McIver qualified as a Chartered Accountant in 1988, and after a brief stint in investment banking, held senior finance positions at House of Fraser Plc, Signet Group Plc, and Ladbrokes Plc.

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Good Luck For Sportingbet

2008年2月12日周二 mgowanbo.cc

Former Orange marketing expert joins online gambling group

The UK online gambling group Sportingbet has appointed former Orange marketing proposition director Ed Luck as its European marketing director. Luck’s remit will be to increase the number of customers using the company’s SportBet betting website and its Paradise-branded leisure-based casino and gaming products. He also has a brief to promote loyalty among its existing customers and improve cross-portfolios spending.

The move comes as the online gaming company seeks to develop its existing mass-market proposition by segmenting its marketing approach.

Luck will work closely with Lida, the M&C Saatchi- owned below-the-line agency, which was appointed to handle Sportingbet's GBP 20 million pan-European direct marketing account in November last year.

Sportingbet has also taken on board Darrell Greenwood, who has joined the company as European VIP sales director from Remington, where he was commercial director. Greenwood is tasked with developing Sportingbet's VIP customer offering to high net-worth individuals.

Both men will report to Sportingbet chief operating officer Dave Hobday.