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  1. #1
    Top Amateur
    Join Date
    Dec 2018
    Posts
    267

    Paddy Power / Betfair (Flutter) to buy Sky Bets owners (Star Group)


  2. #2
    Top Amateur
    Join Date
    Jan 2019
    Location
    Newport, South Wales
    Posts
    542
    I this is bad move and shouldn’t be allowed, it will reduce offers and put a squeeze in competitive odds.

  3. #3
    This is staggering if true, Sky have invested massively in recent years in developing a unique model it makes no sense they would look to sell out.
    They have no shops so not under the same overhead pressures of many others.
    And you know the first thing their due diligence team will do is restrict Sky customers that have been red carded from Sportsbook/PP...

  4. #4
    Top Amateur
    Join Date
    Dec 2018
    Posts
    267
    It seems to be a completed position which would provide share split of 54.64% PP/BF and 45.36% Sky of the combined shareholding. Main aim seems to be to conquer the growing US market.

  5. #5
    Yeah I read the article you posted HF, I'm sure it makes business sense but from a purely personal/selfish perspective as someone who has had every account closed/restricted with the exception of Sky, this is horrific for me....

  6. #6
    Anyone had the email from betfair offering 2% commission on the exchanges, in exchange for BOG, free bets and other offers.

    That's the best thing Betfair have offered for a while

  7. #7
    Quote Originally Posted by Faugheen_Machine View Post
    Anyone had the email from betfair offering 2% commission on the exchanges, in exchange for BOG, free bets and other offers.

    That's the best thing Betfair have offered for a while
    Your message reminded me to go in an select mine FM so thanks for that.
    My commission rate is already about 3% so I don't gain alot from moving to 2% but I don't play the wheel spins and have little interest in small stake accas so I guess this is my only option.

    Did you see they're promoting an 8% commission rate for a bunch of small rewards, might work for some people I guess...

  8. #8
    Quote Originally Posted by Faugheen_Machine View Post
    Anyone had the email from betfair offering 2% commission on the exchanges, in exchange for BOG, free bets and other offers.

    That's the best thing Betfair have offered for a while
    Been on 2% for about 12 months, worth losing the other benefits for but depends how often you use it

  9. #9
    I lost BOG on sportsbook a while ago and restricted quite heavily so thought the offer was brilliant.

    It looks like the first two offers are targeting the mug punter to me but I might be wide of the mark.

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