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Showing posts with the label bodog

football sponsorship England v Germany

Bayer Leverkusen announce a shirt sponsorship deal with solar developer Sunpower , one of several deals with renewable energy firms in German football. Bayern Munich have a deal with Yingli, Hoffenheim have one with Wirsol and I've probably missed one or two more... Meanwhile in England, we have clubs wearing sponsorship logos from 188Bet, 10Bet, 12Bet, 888, 32Red, Bodog, Fun88, Genting Casino, SBOBet, Sportingbet plus other deals with firms like Betfair, Blue Square and others I'm sure I've missed. German legislation re gambling aside, it says a lot about the state of the respective economies and their outlook for the future doesn't it?

Betfair float valuation going low

Rival bookmaker Bodog don't mind a bit of innovative publicity, such as being first to price up who killed Archie Mitchell in EastEnders, which was then copied by several other firms. This time they have gone up with markets on the Betfair IPO valuation and the market moves are telling a story. Initially, under £1.4bn (remember, the figure quoted in most of the press was £1.5bn, which was their valuation in 2005 when Softbank purchased 23% of the company) was priced at 8/11 with over that figure available at evens. But money has come strongly for the under, forcing it down to 1/2, then 1/3. A Bodog spokesman said: “We have had 182 bets on the downside compared to just 22 on the upside. For a bet this niche this is quite a lot. Having a lot of experience in this industry I’m pretty certain these people will turn out to be right. “We even had people setting up multiple accounts so they could get three bets at the maximum of £500 a bet.” Sounds like a few ex-staff starting to ...

Monday news

Haven't got the motivation for a long post, so here are some brief items about what's going on in the world.... Much of my traffic comes from other bloggers - do you fancy getting a free makeover for your blog? Most of us don't have the design skills to do it, but this guy does, and he has some brilliant culinary tips as well - ZestyCook Mark Davies, MD and one of the originals at Betfair, has a laugh about how bookie CEOs just don't get it and keep on giving Betfair free publicity at every opportunity. The Tasmanian government have reacted to Betfair Aus's idle threats about moving interstate (or was it rumours of other govts luring them) by offering more tax breaks to sustain employment in the Apple Isle. Leading Australian jockey Danny Nikolic could be deep in the brown stuff if the latest stewards investigation into suspicious betting activities on Betfair uncovers any concrete evidence. I'm a big fan of Nikolic, there is no Australian jockey I'd rath...