Tag: Paddy Power

November 02, 2016 BY LeapRate Staff

Odds of a Clinton victory slipping at UK bookmakers

With the latest US polls showing a too-close-to-call US Presidential election less than a week from the actual vote, the odds of a Hillary Clinton victory has been steadily dropping at some of the leading UK bookmakers taking bets on the election outcome. As recently as two weeks ago some of the bookmakers were calling…

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October 19, 2016 BY LeapRate Staff

UK bookmakers now calling a Clinton victory a 'done deal'

With now less than three weeks to go, we thought that we would take a quick look at what UK oddsmakers and bookmakers are saying the 'real' odds are right now of either Hillary Clinton or Donald Trump winning the US Presidential election on November 8. Unlike polls, oddsmakers' numbers aren't estimates or polled people saying…

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February 29, 2016 BY Maria Nikolova

UK Gambling Commission sanctions Paddy Power over AML, social responsibility failures

The United Kingdom Gambling Commission has earlier today published a statement on its website telling gambling operators in the country to learn from the failures of Paddy Power Group. Paddy Power, which recently merged with Betfair, is named and shamed over failures regarding anti-money laundering controls and social responsibility. For that matter, the company will…

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February 02, 2016 BY Maria Nikolova

Paddy Power, Betfair announce merger completion

Following the court approval of the proposed merger of online betting operators Paddy Power plc and Betfair Group plc, the deal was today completed. As a result, there is a new combined entity named Paddy Power Betfair plc, operating from https://www.paddypowerbetfair.com. Trading in the Betfair Shares on the London Stock Exchange's market for listed securities and…

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February 01, 2016 BY Maria Nikolova

Court approves proposed acquisition of Betfair by Paddy Power

Shortly after the proposed merger of Paddy Power plc and Betfair Group Ltd (LON:BET) secured the nods of approval of the UK Competition and Markets Authority (CMA) and Ireland’s Competition and Consumer Protection Commission (CCPC), the deal got the approval of a UK court. The High Court of Justice of England and Wales has today…

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December 21, 2015 BY Maria Nikolova

Betfair, Paddy Power shareholders approve merger proposal

A followup to LeapRate's story of the proposed acquisition of Betfair Group Ltd (LON:BET) by Paddy Power plc... Shareholders in both companies today voted in favor of the proposed scheme of the merger. The deal is set to close in the first quarter of 2016, pending certain conditions, such as sanction of the Scheme by the…

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December 17, 2015 BY Maria Nikolova

UK CMA clears merger of Betfair and Paddy Power

The UK Competition and Markets Authority (CMA) today announced that it has decided not to refer the anticipated merger of Paddy Power plc and Betfair Group Ltd (LON:BET) to a Phase 2 investigation under the provisions of the Enterprise Act 2002, thus giving its consent for the deal to proceed. Betfair expects that the deal,…

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