Number Crunching - Wimbledon's greyhounds, a battle in Toronto & Paddy Power-Betfair's happy H1

Number Crunching - Wimbledon's greyhounds, a battle in Toronto & Paddy Power-Betfair's happy H1

Thursday, August 25, 2016
A breakdown of some of the more notable numbers to emerge from the gaming industry over the past week

759,000,000 - Group revenues for the recently merged betting giant Paddy Power-Betfair reached £759m. The impressive H1 results showed growth across all four divisions. Breon Corcoran, Chief Executive of Paddy Power Betfair said of the results: “Paddy Power Betfair has sustained good momentum through a period of considerable change. The restructuring is now largely complete and the merger synergies are being delivered ahead of schedule.

3 - GVC revamps its online casinos team with the appointment of three new senior members of staff. These are Oliver Bartlett as Head of Live, Andrew Whitworth as Head of Content and Rob Fell as the company’s new Head of Casino Product.

GVC’s Chief Product Officer, Liron Snir, to whom all three will be reporting said: Rob, Andy and Oliver bring new skills and experience in the gaming sector that will be transformative to our ability to create and deliver a great quality product and experience to our customers.”

20,000 - The planned capacity for AFC Wimbledon’s new home at Plough Lane. London Mayor Sadiq Khan this week gave the nod for the Wimbledon Greyhound Stadium to be reborn as the League One club’s new ground. This is a big step up for AFC who have been playing in Kingsmeadow, with a capacity of 5000, since it was founded. The fans’ club has been promoted six times in 13 seasons.

6 - The number of companies reportedly in a bidding war for a Toronto casino complex. Caesars Entertainment Corporation is said to be one of these as is Genting. Back in July 2015 the powers that be in Toronto voted to approve a casino development which will feature live tables and an entertainment. The new complex will become the biggest casino in Canada, and as such, has piqued extensive interest from numerous parties.

10,000,000 - Betway and West Ham renewed their partnership, and the new terms will see the London club pocket a cool £10m per season. It is believed that with the club’s move to the London Stadium, Betway has negotiated a new deal for extended branding at the ground and have paid accordingly.

West Ham Vice Chairman Karren Brady said: “Our brand has grown faster than any other major Premier League club in the past two years, and an equally ambitious, forward-thinking brand like Betway wants to be associated with that success.

“Betway have been with us during two of the most momentous years in our history, as we said farewell to the Boleyn Ground and moved into our stunning new home, but they know that the best is still to come.”

580,000,000 - The amount in millions of US dollars that Z Capital paid for the acquisition of Affinity Gaming. As such Z Capital will become the sole proprietor of eleven gambling outlets including the Affinity flagship Silver Sevens Hotel Casino Resort in Las Vegas.

James Zenni President of Z Capital said of the deal: “Affinity brings a compelling offer to consumers by providing high-quality entertainment at affordable prices in attractive markets, and I am confident that Z Capital is uniquely positioned to grow the business for years to come.”

 

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