CVC considers bid for betting exchange Betfair
LONDON (Reuters) – Online gambling company Betfair (BETF.L: Quote, Profile, Research, Stock Buzz) is the target of a possible takeover offer from the private equity firm that owns Formula One motor racing.
CVC Capital Partners CVC.UL on Monday said it was in talks with investors about the possibility of making a joint offer for Betfair, which has a market value of around 800 million pounds ($1.2 billion).
Ladbrokes warns on profits after poor racing run
LONDON, April 15 (Reuters) – Ladbrokes, Britain’s
second largest bookmaker, warned investors it expected annual
operating profit to fall this year after a poor performance from
horse racing and online gaming in the first quarter.
Ladbrokes shares fell eight percent after the unscheduled
trading statement, which dashed expectations that the company
was turning itself around after problems with its online
operations last year.
F1 sponsors show limited appetite for Bahrain GP
LONDON (Reuters) – Companies who help to bankroll Formula One motor racing are limiting their involvement in the Bahrain Grand Prix this month, saving some of their marketing dollars for less politically sensitive races.
The grand prix was cancelled in 2011 following a bloody crackdown on a pro-democracy uprising, but sponsors were left squirming last year when the sport’s rulers ignored calls by campaigners in Bahrain and abroad for teams not to race, while police and youths staged nightly clashes with teargas and petrol bombs.
F1 sponsors show limited appetite for Bahrain Grand Prix http://t.co/dpthAR2r5x
F1 sponsors show limited appetite for Bahrain Grand Prix http://t.co/AJjtJ2yZWg via @reuters
F1 sponsors show limited appetite for Bahrain Grand Prix
LONDON (Reuters) – Companies who help to bankroll Formula One motor racing are limiting their involvement in the Bahrain Grand Prix this month, saving some of their marketing dollars for less politically sensitive races.
The grand prix was cancelled in 2011 following a bloody crackdown on a pro-democracy uprising, but sponsors were left squirming last year when the sport’s rulers ignored calls by campaigners in Bahrain and abroad for teams not to race, while police and youths staged nightly clashes with teargas and petrol bombs.
Motor racing-F1 sponsors show limited appetite for Bahrain GP
LONDON, April 12 (Reuters) – Companies who help to bankroll Formula One motor racing are limiting their involvement in the Bahrain Grand Prix this month, saving some of their marketing dollars for less politically sensitive races.
The grand prix was cancelled in 2011 following a bloody crackdown on a pro-democracy uprising, but sponsors were left squirming last year when the sport’s rulers ignored calls by campaigners in Bahrain and abroad for teams not to race, while police and youths staged nightly clashes with teargas and petrol bombs.
Hawk-Eye to end Premier League goalline disputes
LONDON (Reuters) – The Premier League has sought to consign disputes over goalline decisions to the past by introducing technology in the form of the British Hawk-Eye system from next season.
All 20 clubs voted to approve the technology, which involves the use of seven cameras behind each goal, at a meeting of Premier League executives on Thursday. The English top flight will be the first domestic league to adopt goalline technology.
Soccer-Hawk-Eye to end Premier League goalline disputes
LONDON, April 11 (Reuters) – The Premier League has sought to consign disputes over goalline decisions to the past by introducing technology in the form of the British Hawk-Eye system from next season.
All 20 clubs voted to approve the technology, which involves the use of seven cameras behind each goal, at a meeting of Premier League executives on Thursday. The English top flight will be the first domestic league to adopt goalline technology.


