Sports Business Correspondent
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Mar 6, 2014

Motor racing-Williams seeks to revive fortunes with Martini

LONDON, March 6 (Reuters) – Former champion Formula One team Williams believes a new sponsorship deal with Italian drinks brand Martini can help to make it competitive again after a dismal season in 2013.

The team will race under the Williams Martini name in a new predominantly white car with distinctive blue and red stripes as part of a multi-year agreement.

Mar 6, 2014
Mar 6, 2014

Betfair says heading for top end of profit target

LONDON, March 6 (Reuters) – Online gambling exchange Betfair
said on Thursday it was on course to reach the top end
of its profit guidance as investments in Italy and New Jersey
prove less expensive than feared.

Betfair also announced it had signed a deal with British
commercial TV company ITV to buy key advertising slots
during World Cup and Champions League soccer games, raising the
profile of the company.

Mar 4, 2014
Mar 4, 2014

Sports rights group Perform to cut costs after profit shock

LONDON (Reuters) – Sports rights group Perform (PER.L: Quote, Profile, Research, Stock Buzz) plans to rein in costs as it seeks to rebuild trust in the company after a December profit warning sent its shares tumbling by 50 percent.

Perform, which listed on the London stock market three years ago, buys online rights to major sports events and supplies video clips, live action and sports news and data to media groups and online bookmakers.

Feb 28, 2014
Feb 28, 2014
Feb 28, 2014

Bookmaker William Hill cuts costs to soften UK tax blow

LONDON, Feb 28 (Reuters) – Leading British bookmaker William
Hill is to cut costs by up to 20 million pounds ($33.3
million) in 2015 to cushion the impact of a new tax regime for
online gambling companies, it said on Friday.

Online gambling has been a growth area for William Hill in
recent years but competition remains intense, even as the
government prepares to close a loophole that allowed businesses
to base online activities offshore to cut their tax bills.

Feb 24, 2014

Curling: Canada face challenge from rising China

SOCHI, Russia (Reuters) – Canada swept up both Olympic curling golds for the first time but the emergence of China poses a new challenge to their supremacy in the sport.

The Canadians had a lot to live up to coming to Sochi. The country is home to almost a million curlers, more than the rest of the world combined, and the sport attracts big crowds and television ratings back home.

Feb 24, 2014

Bosco leaves vivid imprint on Sochi memories

SOCHI, Russia (Reuters) – Once seen, never forgotten. The thousands of Technicolor uniforms and ubiquitous flowery patchwork designs supplied by Russian fashion group Bosco will live long in the memories from the Winter Olympics.

Russia’s Olympic athletes have been wearing distinctive Bosco styles since 2002 and the company also provides clothing for teams from Spain, Serbia and Ukraine.

    • About Keith

      "Sports Business Correspondent, a new role at Reuters. I was previously UK Chief Correspondent and have also worked in Italy, Ireland and the Netherlands during more than 20 years with Reuters. I have also worked as an editor in a number of senior roles."
      Joined Reuters:
      September 1988
      English, French, Italian, German and Dutch
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