Tweet
SPORTINGBET.COM (UK) Plc ACQUIRES LEADING ON-LINE SPORTS BETTING COMPANY
Addition of £100 million in turnover and 31,000 international customers, strengthens global position
London, United Kingdom May 9, 2000: Sportingbet.com (UK) Plc, the first British based company to offer tax-free betting via the internet has purchased one of the best known and respected on-line betting companies in the international marketplace.
Betmaker.com is a privately owned company based in Costa Rica with over 31,000 customers. The Central American base has provided the company with a platform to establish a loyal customer base across the Americas North, Central and South. The company has been in operation since 1996 and has an annual turnover of £100 million. The company covers all areas of sports betting, including North American Football, Basketball, Baseball, Ice Hockey, South American Football (Soccer) and European Sports. Betmaker.com has 150 staff.
Sportingbet.com has acquired all of the assets and goodwill of Betmaker.com, which gives Sportingbet.com a customer base of over 43,000 registered customers.
The move is a further step in Sportingbet.comıs strategy to become the global brand in sports betting. The company also recently announced an exclusive deal with Sing Invests, a leading specialist sports betting marketing group in South East Asia.
Commenting on the deal Mark Blandford, Managing Director, Sportingbet.com (UK) Plc said:
"This is the most significant step that we have made in securing our position in the American market and demonstrates that we are serious about exploiting the global opportunity for sports betting. This is a value for money deal and coupled with the recent South East Asian deal puts us in a strong position towards fulfilling our ambition to become the dominant global player in on-line bookmaking. Over the coming months we have a number of specific language sites launching which we believe will ensure further significant growth and diversification of our customer base".
Sportingbet.com plan to integrate betmaker.com under the sportingbet.com umbrella.
- end -
Notes to editors:
sportingbet.com (UK) plc is quoted by OFEX, the London off exchange trading facility. www.ofex.com
Daniel Stewart & Company has approved this Announcement for the purposes of
Section 57 of the Financial Services Act 1986. Daniel Stewart & Company is
regulated by the Financial Services Authority
For further information, please contact
Leanne Tritton
ing media
Ph: + 44 (0)181 986 8111 Fx: + 44 (0)181 986 8555
Mobile: + 44 (0)7747 104 435
e-mail: leanne@ingmedia.demon.co.uk
Addition of £100 million in turnover and 31,000 international customers, strengthens global position
London, United Kingdom May 9, 2000: Sportingbet.com (UK) Plc, the first British based company to offer tax-free betting via the internet has purchased one of the best known and respected on-line betting companies in the international marketplace.
Betmaker.com is a privately owned company based in Costa Rica with over 31,000 customers. The Central American base has provided the company with a platform to establish a loyal customer base across the Americas North, Central and South. The company has been in operation since 1996 and has an annual turnover of £100 million. The company covers all areas of sports betting, including North American Football, Basketball, Baseball, Ice Hockey, South American Football (Soccer) and European Sports. Betmaker.com has 150 staff.
Sportingbet.com has acquired all of the assets and goodwill of Betmaker.com, which gives Sportingbet.com a customer base of over 43,000 registered customers.
The move is a further step in Sportingbet.comıs strategy to become the global brand in sports betting. The company also recently announced an exclusive deal with Sing Invests, a leading specialist sports betting marketing group in South East Asia.
Commenting on the deal Mark Blandford, Managing Director, Sportingbet.com (UK) Plc said:
"This is the most significant step that we have made in securing our position in the American market and demonstrates that we are serious about exploiting the global opportunity for sports betting. This is a value for money deal and coupled with the recent South East Asian deal puts us in a strong position towards fulfilling our ambition to become the dominant global player in on-line bookmaking. Over the coming months we have a number of specific language sites launching which we believe will ensure further significant growth and diversification of our customer base".
Sportingbet.com plan to integrate betmaker.com under the sportingbet.com umbrella.
- end -
Notes to editors:
sportingbet.com (UK) plc is quoted by OFEX, the London off exchange trading facility. www.ofex.com
Daniel Stewart & Company has approved this Announcement for the purposes of
Section 57 of the Financial Services Act 1986. Daniel Stewart & Company is
regulated by the Financial Services Authority
For further information, please contact
Leanne Tritton
ing media
Ph: + 44 (0)181 986 8111 Fx: + 44 (0)181 986 8555
Mobile: + 44 (0)7747 104 435
e-mail: leanne@ingmedia.demon.co.uk
Comment