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SPORTINGODDS
Sportingodds is a pioneer and has helped create a new industry. In just five years, Sportingodds has grown to become a £1.2 billion turnover business.
Sportingodds is based in London and is listed on the London Stock Exchange AIM market (LSE: SBT). Sportingodds Plc, the world's largest online betting and gaming group.
Overall,
Sportingodds has over 2.5 million registered customers
in 200 countries, who place over 1,000,000 bets
(casino, poker, sports and virtual games) per day.
Sportingodds has a strong presence in three
global regions, operating in three different time
zones and is profitable in each: the US, Europe
and Australia.. Total bet volumes show the Sportingodds
now takes 14 bets per second and deals over a million
games of poker everyday on the Paradise Poker site.
LEADER IN GAMING INDUSTRY
As a gaming industry leader, Sportingodds
is a regulated, public company that plays by the
rules and has a series of declared consumer protection
policies; it proactively argues for regulation and
transparency.
BACKGROUND: THE SPORTINGODDS STORY
Sportingodds reached critical mass through a series
of strategic acquisitions including Betmaker (North
America) in May 2000, the Number One Betting Shop
(Australia) in March 2001, and Sportingodds Odds
in July 2002 (UK).
Sportingodds was founded by Mark Blandford, Executive
Director, in 1998 and was listed on the LSE in January
2001.
A key to Sportingodds ' success has been its branding
strategy: the ability to meet local market needs
by developing strong local brands combined with
the power and reach of global gaming brands such
as Paradisepoker.com.
The success of Sportingodds is based on the
strength of the management, a clear strategy, innovative
product development and excellent marketing. Recent
financial results (Q3,2005) have demonstrated Sportingodds
is now beginning to scale well, with significant
increases in turnover and a stable fixed cost base
delivering strong profit growth.
The acquisition of Paradise poker .com in
October 2004 positioned Sportingodds as a powerful
force within the global gaming industry.
It has also shown strong organic growth in all three
of Sportingodds 's operating regions. This has
been recognised over the last two years by eGaming
Review's "Power 50" report which ranked Sportingodds
as the most powerful global player in the industry.
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