Ladbrokes and Coral Leave Oddschecker

By Martin Green12 July 2020
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Ladbrokes and Coral Leave Oddschecker

GVC has pulled its Ladbrokes, Coral and Betdaq brands from Oddschecker after failing to agree a renewal deal with the firm. Ladbrokes and Coral previously featured prominently on Oddschecker’s pricing grid. Bookmakers pay a fixed monthly fee to appear on the grid and then pay Oddschecker a share of revenue for customer referrals, so it represents a blow to Oddschecker. “We would like to wish Oddschecker the best of luck and thank them for the positive relationship we’ve enjoyed over the years we’ve worked together,” said GVC in a statement. “Sadly, we couldn’t agree commercial terms to renew the relationship so as of the 9 July our UK digital brands will no longer feature on the service.” GVC’s other brand, Sportingbet, will remain on the grid, as it has a separate contract with the firm. Oddschecker is now owned by Flutter Entertainment following its merger with The Stars Group. Ladbrokes previously left the grid in 2011, but returned a year later.

William Hill chief executive Ulrik Bengtsson claims the bookmaker is “coming out of Covid-19 stronger than we came into it”. The firm struggled last year after the UK government brought the maximum stake on fixed odds betting terminals down from £100 to £2, decimating its retail bookmaking business. However, it has made strong inroads into the US sports betting sector and improved its digital operations, causing Bengtsson’s bullishness. William Hill Nevada reported that it took a $200,000 bet on Jorge Masvidal to beat Kamaru Usman in the main event at UFC 251 on Fight Island last night. Usman won the fight on points, leaving the punter significantly out of pocket.

A 74-year-old man from Nottinghamshire won £36,379.90 from a £1 Lucky 15 bet after all four horses he selected secured victory. Dave Hopewell’s streak began when Caspian Prince won at 33/1 at Newcastle, followed by 4/1 shot Limato at Newmarket. Boccaccio then came in at 5/2. His final selection was Gallipoli, a 28/1 shot at Redcar, inspired by his grandfather, who served during the Gallipoli campaign and died during the Battle of Gaza. He stormed to victory, causing Dave and his wife, Val, to jump for joy. “Val and I suffer from heart problems so we have to be careful,” he said. “She just celebrated with a cup of tea, but I must admit I had three or four glasses of whisky, because this doesn’t happen every day.” Betfred boss Fred Done called Dave to congratulate him for the winning bet, placed at his local Betfred store. “His win was boosted to the tune of £8,000 at Betfred thanks to him getting four winners and our Best Odds Guaranteed promotion,” said Done.

Spain’s gambling revenue grew 12.5% year-on-year during the first three months of 2020. Q1 revenue reached €218 million and the overall handle stood at €4.8 billion, up 3.6% year-on-year, according to the Dirección General del Ordenación del Juego. Sports betting was the most popular pursuit, accounting for more than half of the revenue after growing 8.7% compared to the previous year. Fixed odds and in-play betting were popular among Spanish punters. In Italy, the sports betting market grew significantly in May compared to the previous month, thanks to several sports leagues resuming. Bet365 topped the rankings as the market leader in the Italian gambling sector.